Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.02x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
16th percentile
Higher top officer pay than 16% of similar nonprofits.
Top officer pay equals 4.7% of source-year revenue.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Balance Sheet
Assets
Down$16,884,048
Down $136,550 (-0.8%) from 2016
Net Assets
Up-$410,017
Up $144,311 (+26%) from 2016
Liabilities
Down$17,294,065
Down $280,861 (-1.6%) from 2016
Revenue And Expenses
Revenue
Up$1,389,910
Up $1,599 (+0.1%) from 2016
Expenses
Down$1,245,599
Down $1,395 (-0.1%) from 2016
Net Income
Up$144,311
Up $2,994 (+2.1%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2016 to Jun 30, 2017
- Signed
- Feb 15, 2018
- Return Version
- 2016v3.0
- Gross Receipts
- $1,389,910
Mission and Program Overview
Mission
To own and maintain appropriate school facilities for lease to lakes international language academy in forest lake, minnesota.
To manage school building(s) and property leased to lakes international langauage academy.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $14,663,925 | $14,730,819 | ▲ $66,894 |
| Savings and Temporary Cash Investments | $1,870,647 | $1,901,418 | ▲ $30,771 |
| Cap Stk Tr Prin Current Funds | $2,224,643 | $82,099 | ▼ $2,142,544 |
| Cash and Non-Interest-Bearing Accounts | $216,150 | $2,286 | ▼ $213,864 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $-2,778,971 | $-492,116 | ▲ $2,286,855 |
| Total Assets | $17,020,598 | $16,884,048 | ▼ $136,550 |
| Other Assets Total | $269,876 | $249,525 | ▼ $20,351 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $17,200,352 | $16,922,654 | ▼ $277,698 |
| Other Liabilities | $374,574 | $370,261 | ▼ $4,313 |
| Accounts Payable and Accrued Expenses | - | $1,150 | - |
| Total Liabilities | $17,574,926 | $17,294,065 | ▼ $280,861 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-554,328 | $-410,017 | ▲ $144,311 |
| Total Liabilities and Net Assets / Fund Balance | $17,020,598 | $16,884,048 | ▼ $136,550 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $13,368,669 | $1,827,276 | $15,195,945 |
| Land | $1,215,090 | - | $1,215,090 |
| Leasehold Improvements | $122,353 | $51,614 | $173,967 |
| Equipment | $24,707 | $61,437 | $86,144 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Julie Lundgren | President | PT | $65,994 | $65,994 |
Board Members and Trustees
| Name | Title |
|---|---|
| Mira Norcross | Secretary |
| Jeffrey Schipper | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Kraus-anderson Construction Co | Construction Of New Headwaters Campus | 8625 RENDOVA ST NE, Lino Lakes, MN 55014 | $167,247 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,380,282
- Investment Income
- $5,663
- Other Revenue
- $3,965
- Change in Net Assets
- $144,311
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $1,389,910
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $10,311,723
- Total Revenue per Audited Statements
- $11,701,633
- Total Revenue per Form 990
- $1,389,910
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,245,599 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $894,665 | - | - | $894,665 |
| Depreciation Depletion | $328,429 | - | - | $328,429 |
| Fees for Services Other | $14,065 | - | - | $14,065 |
| Fees for Services Accounting | $7,680 | - | - | $7,680 |
| Office Expenses | $759 | - | - | $759 |
| Other Expenses | $1 | - | - | $1 |
| Total Functional Expenses | $1,245,599 | $0 | $0 | $1,245,599 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $11,396,462 |
| Expenses Not Reported on Form 990 | $10,474,979 |
| Total Expenses per Form 990 | $1,245,599 |
| Expenses per Audited Statements | $921,483 |
| Expenses Not Reported on Financial Statements | $324,116 |
| Other Expense Adjustments | $324,116 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Accrued Interest Payable | $370,261 |
Bond Issues
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | City of Forest Lake | 2014-02-25 | $16,804,789 | Refund prior issue and construction of new campus |
Bond Proceeds
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $16,851,970 | $7,003,675 | $280,000 | $336,096 |
Bond Financing Compliance
- No rebate due
- No
- Rebate not yet due
- Yes
- Form 8038-T filed
- No
- Gross proceeds invested
- No
- Gross proceeds invested in GIC
- No
- Exception to rebate
- No
- Corrective action procedures
- Yes
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“The sole member of the organization is lakes international language academy.”
Form 990, Part VI, Section A, Line 7A
“The sole member of the organization appoints the two lila building company (lbc) board members who are also members of the board of directors of lakes international language academy, per the bylaws. The lbc board appoints the third lbc board member.”
Form 990, Part VI, Section A, Line 7B
“The sole member of the organization has the ability to alter or repeal the organization's bylaws.”
Form 990, Part VI, Section A, Line 8B
“The organization does not have any committees that have authority to act on behalf of the governing body.”
Form 990, Part VI, Section B, Line 11B
“The form 990 is prepared by an independent accountant and reviewed in detail by the organization's president. The final draft is forwarded to the full board of directors for review and approval prior to filing. In addition, the lakes international language academy audit committee reviews the form 990 prior to filing.”
Form 990, Part VI, Section B, Line 12C
“As a standard part of each board agenda, members are required to disclose any conflicts of interest or potential conflicts of interest based on the agenda. The board votes whether or not the disclosure is a conflict of interest and whether or not the individual may remain in the room for the discussion and/or vote. Members determined to have a conflict who are allowed to remain for the discussion may only contribute material facts to the discussion and answer questions. Members who have a conflict must leave the room/meeting for the vote. All board proceedings are documented in the minutes. If a conflict were to be discovered after a vote or meeting, the decision would be voided and the item returned to the agenda for a revote. If a transaction were to be discovered after the fact, the board and school administration would work together to determine any ramifications and make corrections, including corrective and disciplinary actions for the member with the undisclosed conflict. In addition, an annual "related parties questionnaire" is completed by lila building company board members.”
Form 990, Part VI, Section C, Line 19
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Lila Building Company
- EIN
- 20-2511625
- Phone
- 6514648989
- Address
- 246 11TH AVE SE, FOREST LAKE, MN 55025
Signing Officer
- Name
- Julie Lundgren
- Title
- President
- Phone
- 6514648989
- Signed
- 2018-02-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Julie Lundgren
- Formed
- 2005
- Legal Domicile
- Mn
- Voting Board Members
- 3
- Independent Board Members
- 2
- Employees
- 0
- Volunteers
- 10
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
- Preparer
- Dennis Hoogeveen
- Phone
- 6123764500
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 2
“In fall 2016, purchase of single family home on half acre adjacent to lila annex. The school uses the residence to house international teachers and has placed a preschool play structure in the yard for easy access by the annex preschool classrooms.”
FORM 990, PART XI, LINE 1, EXPLANATION FOR METHOD OF ACCOUNTING:
“The organization follows a modified accrual method of accounting as prescribed by the minnesota department of education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”
Financial Statement Notes
PART XI, LINE 2D - OTHER ADJUSTMENTS:
“Revenues of affiliate reported in a separate return 10,311,723.”
PART XII, LINE 2D - OTHER ADJUSTMENTS:
“Expenses of affiliate reported in a separate return 9,809,066. Capitalized expenditures 385,913. Amortization of bond premium 280,000.”
PART XII, LINE 4B - OTHER ADJUSTMENTS:
“Depreciation expense 319,018. Amortization of bond discount 2,302. Amortization of loss on refunding 7,109. Change in accrued interest -4,313.”
Raw XML AppendixShowing 400 of 463 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1150 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO MANAGE SCHOOL BUILDING(S) AND PROPERTY LEASED TO LAKES INTERNATIONAL LANGAUAGE ACADEMY. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JULIE LUNDGREN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6514648989 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 246 11TH AVE SE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FOREST LAKE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55025 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 2224643 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 82099 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 216150 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2286 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 167247 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 8625 RENDOVA ST NE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | LINO LAKES |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 55014 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | KRAUS-ANDERSON CONSTRUCTION CO |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | CONSTRUCTION OF NEW HEADWATERS CAMPUS |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5663 |
| IRS990/CYOtherExpensesAmt | 0 | 1245599 |
| IRS990/CYOtherRevenueAmt | 0 | 3965 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1380282 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 144311 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1245599 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1389910 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 328429 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 328429 |
| IRS990/Desc | 0 | SCHOOL LEASE: DURING THIS TAX YEAR, LILA BUILDING COMPANY LEASED FOUR BUILDINGS TO LAKES INTERNATIONAL LANGUAGE ACADEMY AS FOLLOWS: 1) 65,000 SQUARE FEET AT 246 11TH AVE. SE, FOREST LAKE, CALLED THE LOWER SCHOOL; 2) 9500 SQUARE FEET AT 121 11TH AVE. SE, FOREST LAKE, CALLED THE ANNEX; 3) 40,000 SQUARE FEET AT 19850 FENWAY AVE. N, FOREST LAKE, CALLED THE HEADWATERS CAMPUS, CONSTRUCTED IN 2014, AND 4) STARTING IN FALL 2016, A SMALL SINGLE-FAMILY RESIDENCE ON A HALF-ACRE NEXT TO THE ANNEX, CALLED THE HOUSE. THE SCHOOL USES THE RESIDENCE TO HOUSE INTERNATIONAL TEACHERS AND HAS PLACED A PRESCHOOL PLAY STRUCTURE IN THE YARD FOR EASY ACCESS BY THE ANNEX PRESCHOOL CLASSROOMS. THE BUILDING COMPANY ALSO RENTED 3000 S.F. AT THE LOWER SCHOOL TO AN AMBULANCE SERVICE UNTIL THE TERMINATION OF THEIR LEASE ON 12/31/16, AT WHICH TIME IT RENTED THE 3000 S.F. TO THE SCHOOL. THE BUILDING COMPANY HAS NO PAID EMPLOYEES, AND ABOUT FIVE VOLUNTEERS: THOSE WHO SERVE ON ITS BOARD, THOSE WHO HELP REVIEW THE FORM 990 TAX FILING, AND SCHOOL ADMINISTRATORS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1245599 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 7680 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7680 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 14065 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 14065 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 47.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 5300 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JULIE LUNDGREN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JEFFREY SCHIPPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MIRA NORCROSS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 60694 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2005 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1389910 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 894665 |
| IRS990/InterestGrp/TotalAmt | 0 | 894665 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5663 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5663 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1940327 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 14663925 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 14730819 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 16671146 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingOtherInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO OWN AND MAINTAIN APPROPRIATE SCHOOL FACILITIES FOR LEASE TO LAKES INTERNATIONAL LANGUAGE ACADEMY IN FOREST LAKE, MN. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -554328 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -410017 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 759 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 759 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 269876 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 249525 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CAPITAL OUTLAY |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 374574 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 370261 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS REVENUE |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 3965 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3965 |
| IRS990/OtherRevenueTotalAmt | 0 | 3965 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | -2778971 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | -492116 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JULIE LUNDGREN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531120 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENT INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1380282 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1380282 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3224 |
| IRS990/PYOtherExpensesAmt | 0 | 1246994 |
| IRS990/PYOtherRevenueAmt | 0 | 23409 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1361678 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 141317 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1246994 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1388311 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 144311 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1380282 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1870647 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1901418 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 200393839 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 1245599 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | LAKES INT'L LANGUAGE ACADEMY |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 1245599 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 13368669 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1827276 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 15195945 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 24707 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 61437 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 86144 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 10474979 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 324116 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 921483 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1215090 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1215090 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 122353 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 51614 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 173967 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 10474979 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 324116 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 370261 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED INTEREST PAYABLE |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 10311723 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 10311723 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1389910 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | REVENUES OF AFFILIATE REPORTED IN A SEPARATE RETURN 10,311,723. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OF AFFILIATE REPORTED IN A SEPARATE RETURN 9,809,066. CAPITALIZED EXPENDITURES 385,913. AMORTIZATION OF BOND PREMIUM 280,000. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | DEPRECIATION EXPENSE 319,018. AMORTIZATION OF BOND DISCOUNT 2,302. AMORTIZATION OF LOSS ON REFUNDING 7,109. CHANGE IN ACCRUED INTEREST -4,313. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 14730819 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1245599 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 370261 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1389910 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 11701633 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 11396462 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd | 0 | 1 |
| IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt | 0 | THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS RELATED TO THE BOND DISCOUNT. |
| IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE K, PART I, BOND A, COLUMN (E) |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt | 0 | 2014-02-25 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN | 0 | 416005456 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum | 0 | 345856AJ7 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt | 0 | 16804789 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt | 0 | CITY OF FOREST LAKE |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc | 0 | REFUND PRIOR ISSUE AND CONSTRUCTION OF NEW CAMPUS |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct | 0 | 0.00000 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct | 0 | 0.00000 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct | 0 | 0.00000 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt | 0 | 8432257 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt | 0 | 47181 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt | 0 | 1186413 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt | 0 | 336096 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt | 0 | 7003675 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt | 0 | 280000 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr | 0 | 2015 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt | 0 | 16851970 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN FALL 2016, PURCHASE OF SINGLE FAMILY HOME ON HALF ACRE ADJACENT TO LILA ANNEX. THE SCHOOL USES THE RESIDENCE TO HOUSE INTERNATIONAL TEACHERS AND HAS PLACED A PRESCHOOL PLAY STRUCTURE IN THE YARD FOR EASY ACCESS BY THE ANNEX PRESCHOOL CLASSROOMS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SOLE MEMBER OF THE ORGANIZATION IS LAKES INTERNATIONAL LANGUAGE ACADEMY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE SOLE MEMBER OF THE ORGANIZATION APPOINTS THE TWO LILA BUILDING COMPANY (LBC) BOARD MEMBERS WHO ARE ALSO MEMBERS OF THE BOARD OF DIRECTORS OF LAKES INTERNATIONAL LANGUAGE ACADEMY, PER THE BYLAWS. THE LBC BOARD APPOINTS THE THIRD LBC BOARD MEMBER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE SOLE MEMBER OF THE ORGANIZATION HAS THE ABILITY TO ALTER OR REPEAL THE ORGANIZATION'S BYLAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED IN DETAIL BY THE ORGANIZATION'S PRESIDENT. THE FINAL DRAFT IS FORWARDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. IN ADDITION, THE LAKES INTERNATIONAL LANGUAGE ACADEMY AUDIT COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AS A STANDARD PART OF EACH BOARD AGENDA, MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST BASED ON THE AGENDA. THE BOARD VOTES WHETHER OR NOT THE DISCLOSURE IS A CONFLICT OF INTEREST AND WHETHER OR NOT THE INDIVIDUAL MAY REMAIN IN THE ROOM FOR THE DISCUSSION AND/OR VOTE. MEMBERS DETERMINED TO HAVE A CONFLICT WHO ARE ALLOWED TO REMAIN FOR THE DISCUSSION MAY ONLY CONTRIBUTE MATERIAL FACTS TO THE DISCUSSION AND ANSWER QUESTIONS. MEMBERS WHO HAVE A CONFLICT MUST LEAVE THE ROOM/MEETING FOR THE VOTE. ALL BOARD PROCEEDINGS ARE DOCUMENTED IN THE MINUTES. IF A CONFLICT WERE TO BE DISCOVERED AFTER A VOTE OR MEETING, THE DECISION WOULD BE VOIDED AND THE ITEM RETURNED TO THE AGENDA FOR A REVOTE. IF A TRANSACTION WERE TO BE DISCOVERED AFTER THE FACT, THE BOARD AND SCHOOL ADMINISTRATION WOULD WORK TOGETHER TO DETERMINE ANY RAMIFICATIONS AND MAKE CORRECTIONS, INCLUDING CORRECTIVE AND DISCIPLINARY ACTIONS FOR THE MEMBER WITH THE UNDISCLOSED CONFLICT. IN ADDITION, AN ANNUAL "RELATED PARTIES QUESTIONNAIRE" IS COMPLETED BY LILA BUILDING COMPANY BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE ORGANIZATION FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 1, EXPLANATION FOR METHOD OF ACCOUNTING: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | LAKES INTERNATIONAL LANGUAGE ACADEMY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 200393839 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | EDUCATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 2 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 246 11TH AVE SE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | FOREST LAKE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 55025 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 1 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 1 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt | 0 | 17200352 |
| IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt | 0 | 16922654 |
| IRS990/TaxExemptBondsInd | 0 | 1 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 17020598 |
| IRS990/TotalAssetsEOYAmt | 0 | 16884048 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 17020598 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 16884048 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1245599 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1245599 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 17574926 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $16,884,048
- Liabilities
- $17,294,065
- Net assets
- -$410,017
- Revenue
- $1,389,910
- Expenses
- $1,245,599
- Net income
- $144,311