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Filing year 2023

LORAIN BILINGUAL PREPARATORY ACADEMY

Lorain, Ohio·EIN 82-5246755·NTEE B29 · Education·501(c)(3)
Total revenue
$3.5M
Total assets
$3.6M
Total expenses
$4M
Reported officers
6
Mission

To provide opportunities for educational choice to students and families of this community. The organization is primarily engaged in providing instructional services to enrolled students in Grades K-8.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Board Member
10th to 25th percentile
$1k
$1k
Board Member
10th to 25th percentile
$1k
$1k
Board President
10th to 25th percentile
$1k
$1k
Board Member
Below 10th percentile
$625
$690
Board Member
Below 10th percentile
$500
$552

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LORAIN BILINGUAL PREPARATORY ACADEMY equaled 0.0% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.0%
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.

Pay for the position

Board Member pay fell 20% from 2022 to 2023, while revenue fell 6%.

$1k in 2022 to $1k in 2023.

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

Among peers

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

FAQ

Common questions about LORAIN BILINGUAL PREPARATORY ACADEMY

What does the Board Member of LORAIN BILINGUAL PREPARATORY ACADEMY earn?

In 2023, the Board Member of LORAIN BILINGUAL PREPARATORY ACADEMY received $1,000 in total compensation. This pay is in the bottom quarter for Board Member roles among Education organizations in Ohio, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LORAIN BILINGUAL PREPARATORY ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Board Member at LORAIN BILINGUAL PREPARATORY ACADEMY falls between the 10th and 25th percentiles. In 2023, the highest total compensation at LORAIN BILINGUAL PREPARATORY ACADEMY equaled 0.0% of the organization's total expenses. The median for education organizations is 7%.

What are LORAIN BILINGUAL PREPARATORY ACADEMY's revenue and expenses?

In 2023, LORAIN BILINGUAL PREPARATORY ACADEMY reported $3.5M in total revenue and $4M in total expenses on its IRS Form 990.

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