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Filing year 2023

LAKES INTERNATIONAL LANGUAGE ACADEMY

Forest Lake, Minnesota·EIN 20-0393839·NTEE B29 · Education·501(c)(3)
Total revenue
$19.1M
Total assets
$11.8M
Total expenses
$18.9M
Reported officers
13
Mission

TO PREPARE TOMORROW'S CRITICAL THINKERS AND GLOBAL CITIZENS THROUGH LANGUAGE ACQUISITION AND INQUIRY-DRIVEN STUDY. TO DELIVER A HIGH CALIBER EDUCATION FROM A GLOBAL PERSPECTIVE THAT COMBINES SECOND-LANGUAGE ACQUISITION WITH A PROVEN INQUIRY-BASED LEARNING APPROACH, ENHANCING INDIVIDUAL ACHIEVEMENT, AND BUILDING COMMUNITY CONNECTIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

Executive Director
75th to 90th percentile
$168k
$183k
Base
$147k
Bonus
Other
Benefits
$8k
Chief Financial Officer
Median to 75th percentile
$133k
$145k
Elementary Principal
Highest Compensated Employee
Below 10th percentile
$117k
$128k
Secondary Principal
Highest Compensated Employee
Below 10th percentile
$111k
$121k
Secretary/teacher
Officer (Unspecified)
$71k
$78k
Member/teacher
Board Member
25th percentile to median
$55k
$60k
Member/teacher
Board Member
25th percentile to median
$54k
$59k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKES INTERNATIONAL LANGUAGE ACADEMY equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2022

From $160k in 2022 to $168k in 2023.

$160k
2022
$168k
2023
In today's dollarsEst.
Up 2% in real terms$180k to $183k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 4%.

$160k in 2022 to $168k in 2023.
  • Chief Financial Officer pay rose 12% from 2022 to 2023.
  • Board Member pay fell 32% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAKES INTERNATIONAL LANGUAGE ACADEMY

What does the Chief Executive Officer of LAKES INTERNATIONAL LANGUAGE ACADEMY earn?

In 2023, the Chief Executive Officer of LAKES INTERNATIONAL LANGUAGE ACADEMY received $167,573 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAKES INTERNATIONAL LANGUAGE ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at LAKES INTERNATIONAL LANGUAGE ACADEMY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at LAKES INTERNATIONAL LANGUAGE ACADEMY equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are LAKES INTERNATIONAL LANGUAGE ACADEMY's revenue and expenses?

In 2023, LAKES INTERNATIONAL LANGUAGE ACADEMY reported $19.1M in total revenue and $18.9M in total expenses on its IRS Form 990.

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