NonprofitsLorain Bilingual Preparatory Academy

Education

Lorain Bilingual Preparatory Academy

LORAIN, OH

Total revenue

$3.5M

Total expenses

$4.0M

Net assets

Grants received

EIN

825246755

Tax year

2023

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.

Financials

FY 2023

Revenue

Contributions & grants$3.5M
Program service revenue
Investment income
Other revenue
Total revenue$3.5M

Expenses

Grants paid
Salaries & benefits$2.3M
Fundraising
Other expenses$1.8M
Total expenses$4.0M
Total assets$3.6M
Net assets

People

6 listed

NameRoleCompensation

Marcelo Torres

Board Member

Board

$1K

1 hrs/wk

Pastor Terrance Bivins

Board Member

Board

$1K

1 hrs/wk

David Arrendondo

Board President

Board

$1K

2 hrs/wk

Kimberly Bartlett

Board Member

Board

$625

1 hrs/wk

Anthony Alto

Board Member

Board

$500

1 hrs/wk

Todd Kubasak

Board Member

Board

1 hrs/wk

Independent contractors

Accel Schools

Management Services

$562K

St Mary Church

Rent

$188K

Arlenes Cuisine

Student Food Service

$187K

Dust Busters Cleaning Service

Facility Cleaning

$107K

Details

EIN825246755
NTEE codeB29
Subsection03
Ruling date2019-05
Formed2018
Employees0
Volunteers0
LORAIN BILINGUAL PREPARATORY ACADEMY — Mission, Financials & Grants Received | Grantivo