Civic Intelligence

Learning Differences Resource Group

990 • Fiscal year 2022 • EIN 38-2612860

Sep 01, 2021 to Aug 31, 2022 • Filed on Dec 19, 2022

Organization ProfileWWW.MYLMA.ORG
2428 Burton St SEGrand Rapids, MI 49546

(616) 732-4478

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.23x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.49x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

50th percentile

1.6%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

52nd percentile

6.9%

Faster revenue growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$2,265,476

Up $34,924 (+1.6%) from 2021

Net Assets

Up

$1,742,539

Up $9,971 (+0.6%) from 2021

Liabilities

Up

$522,937

Up $24,953 (+5.0%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin61st percentile

Revenue

Up

$1,064,644

Up $69,151 (+6.9%) from 2021

Expenses

Up

$929,390

Up $81,599 (+9.6%) from 2021

Net Income

Down

$135,254

Down $12,448 (-8.4%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,351,095Liabilities 2010: $171,205Net Assets 2010: $1,179,8902010Assets 2011: $1,308,681Liabilities 2011: $139,787Net Assets 2011: $1,168,8942011Assets 2012: $1,372,462Liabilities 2012: $131,315Net Assets 2012: $1,241,1472012Assets 2013: $1,391,932Liabilities 2013: $117,086Net Assets 2013: $1,274,8462013Assets 2014: $1,474,796Liabilities 2014: $112,193Net Assets 2014: $1,362,6032014Assets 2015: $1,407,011Liabilities 2015: $93,525Net Assets 2015: $1,313,4862015Assets 2016: $1,386,989Liabilities 2016: $79,843Net Assets 2016: $1,307,1462016Assets 2017: $1,435,378Liabilities 2017: $121,841Net Assets 2017: $1,313,5372017Assets 2018: $1,640,754Liabilities 2018: $232,763Net Assets 2018: $1,407,9912018Assets 2019: $1,661,646Liabilities 2019: $270,513Net Assets 2019: $1,391,1332019Assets 2020: $1,802,971Liabilities 2020: $359,634Net Assets 2020: $1,443,3372020Assets 2021: $2,230,552Liabilities 2021: $497,984Net Assets 2021: $1,732,5682021Assets 2022: $2,265,476Liabilities 2022: $522,937Net Assets 2022: $1,742,5392022Assets 2023: $2,260,892Liabilities 2023: $370,850Net Assets 2023: $1,890,0422023Assets 2024: $2,336,092Liabilities 2024: $266,292Net Assets 2024: $2,069,8002024

Highlighted filing

2022

Assets$2,265,476
Liabilities$522,937
Net Assets$1,742,539
Open 2022 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $460,6982010Expenses 2011: $474,7372011Expenses 2012: $495,3752012Revenue 2013: $592,843Expenses 2013: $561,092Net Income 2013: $31,7512013Revenue 2014: $673,361Expenses 2014: $602,533Net Income 2014: $70,8282014Revenue 2015: $625,488Expenses 2015: $658,491Net Income 2015: -$33,0032015Revenue 2016: $682,306Expenses 2016: $782,418Net Income 2016: -$100,1122016Revenue 2017: $717,344Expenses 2017: $768,286Net Income 2017: -$50,9422017Revenue 2018: $822,027Expenses 2018: $842,916Net Income 2018: -$20,8892018Revenue 2019: $853,452Expenses 2019: $843,233Net Income 2019: $10,2192019Revenue 2020: $750,735Expenses 2020: $797,868Net Income 2020: -$47,1332020Revenue 2021: $995,493Expenses 2021: $847,791Net Income 2021: $147,7022021Revenue 2022: $1,064,644Expenses 2022: $929,390Net Income 2022: $135,2542022Revenue 2023: $1,093,623Expenses 2023: $1,024,336Net Income 2023: $69,2872023Revenue 2024: $1,037,757Expenses 2024: $1,044,234Net Income 2024: -$6,4772024

Highlighted filing

2022

Revenue$1,064,644
Expenses$929,390
Net Income$135,254
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Dec 19, 2022
Return Version
2021v4.0
Gross Receipts
$1,064,644
Mission and Program Overview

Mission

To promote quality education, academic excellence and individual achievement for students with learning disabilities.

To transform lives by empowering students with learning differences to achieve their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$881,220$853,783▼ $27,437
Cash and Non-Interest-Bearing Accounts$497,807$669,067▲ $171,260
Accounts Receivable$65,432$55,697▼ $9,735
Total Assets$2,230,552$2,265,476▲ $34,924
Other Assets Total$786,093$686,929▼ $99,164
Liabilities
Other Liabilities$410,149$447,860▲ $37,711
Unsecured Notes Loans Payable$67,914$52,278▼ $15,636
Accounts Payable and Accrued Expenses$19,921$22,799▲ $2,878
Total Liabilities$497,984$522,937▲ $24,953
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$946,475$1,055,610▲ $109,135
Net Assets With Donor Restrictions$786,093$686,929▼ $99,164
Total Net Assets Fund Balance$1,732,568$1,742,539▲ $9,971
Total Liabilities and Net Assets / Fund Balance$2,230,552$2,265,476▲ $34,924

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$560,796$643,109$1,203,905
Leasehold Improvements$206,740$134,974$341,714
Equipment$1,247$205,220$206,467
Land$85,000-$85,000
Other Assets Org$686,929--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$786,093$50,000▼ $117,574$25,000$686,929
2021$591,678$50,248▲ $149,731-$786,093
2020$506,724$55,023▲ $39,496$4,968$591,678
2019$495,633$50,000▼ $18,608$16,254$506,724
2018$353,523$50,000▲ $122,444$26,753$495,633
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Nanette F ClatterbuckExecutive DiFT$70,000$70,000

Board Members and Trustees

NameTitle
Moira WessellChairperson
David WeinandyVice-chairpe
Brandon PottsMember
Diane Wendover VallileeMember
Lindsey LopezMember
Robert SweezieMember
Robert Woodhouse JrMember
Scott LinderMember
Fred BurkhartSecretary
Matthew ColeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,973
Program Service Revenue
$804,740
Investment Income
$8,906
Other Revenue
$57,025
All Other Contributions
$171,024
Change in Net Assets
$135,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$583,967
Other Expenses$345,423
Total Fundraising Expense$30,389
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$425,469--$425,469
Occupancy$132,492--$132,492
Current Officers, Directors, Trustees, and Key Employees$70,000--$70,000
Other Employee Benefits$49,087--$49,087
Depreciation Depletion$40,437--$40,437
Payroll Taxes$39,411--$39,411
Advertising--$30,389$30,389
Insurance$21,310--$21,310
Office Expenses$20,738--$20,738
All Other Expenses$19,370$84-$19,454
Fees for Services Accounting-$17,663-$17,663
Other Expenses$8,468--$8,468
Fees for Service Investment Mgmnt Fees$6,590--$6,590
Interest$3,439--$3,439
Total Functional Expenses$881,254$17,747$30,389$929,390
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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

LiabilityAmount
Unearned Tuition$277,482
Eidl Loan$149,900
Credit Cards$16,495
Security Deposit$3,921
Student Store Deposits$62
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the business manager and board treasurer annually.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is monitored and enforced through an annual board questionnaire and board review.”

Form 990, Page 6, Part VI, Line 15A

“The executive directors salary is reviewed and voted on by the board of directors on an annual basis.”

Form 990, Page 6, Part VI, Line 19

“Would be available upon request.”

Filing and Contact Details

Filer

Filer Name
Learning Differences Resource Group
EIN
38-2612860
Phone
6167324478
Address
2428 BURTON ST SE, GRAND RAPIDS, MI 49546
Doing Business As
Lake Michigan Academy

Signing Officer

Name
Matthew Cole
Title
Treasurer
Phone
6167324478
Signed
2022-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Cole
Formed
1985
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
30

Preparer

Firm
The CPA Group Pc
Address
4267 CANAL AVE SW, GRANDVILLE, MI 49418
Preparer
Chad Groggel
Phone
6165380460
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“HELP IN CLASSROOMS”

Form 990, Page 2, Part III, Line 4D

“To transform lives by empowering students with learning differences to achieve their full potential”

Form 990, Part XI, Line 9

“Book / tax depreciation difference 797”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Provide tuition reduction for families with financial hardships.”

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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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IRS990/OtherExpensesGrp/ProgramServicesAmt111279
IRS990/OtherExpensesGrp/ProgramServicesAmt210021
IRS990/OtherExpensesGrp/ProgramServicesAmt38468
IRS990/OtherExpensesGrp/TotalAmt023143
IRS990/OtherExpensesGrp/TotalAmt111279
IRS990/OtherExpensesGrp/TotalAmt210021
IRS990/OtherExpensesGrp/TotalAmt38468
IRS990/OtherLiabilitiesGrp/BOYAmt0410149
IRS990/OtherLiabilitiesGrp/EOYAmt0447860
IRS990/OtherRevenueMiscGrp/Desc0RENTAL INCOME & REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/Desc1COMMON AREA MAINTENACE CHARGE
IRS990/OtherRevenueMiscGrp/Desc2STUDENT STORE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt038177
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt19457
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt27334
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt038177
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt19457
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt27334
IRS990/OtherRevenueTotalAmt057025
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0425469
IRS990/OtherSalariesAndWagesGrp/TotalAmt0425469
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt039411
IRS990/PayrollTaxesGrp/TotalAmt039411
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MATTHEW COLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION FT
IRS990/ProgramServiceRevenueGrp/Desc1TUTORING INCOME (TURNING PAGE
IRS990/ProgramServiceRevenueGrp/Desc2SUMMER PROGRAM TUITION
IRS990/ProgramServiceRevenueGrp/Desc3APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/Desc4EDUCATOR TEACHING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0687774
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt181318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0687774
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt181318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42673
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO TRANSFORM LIVES BY EMPOWERING STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULL POTENTIAL
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0110437
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt092922
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0256374
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08296
IRS990/PYOtherExpensesAmt0304383
IRS990/PYOtherRevenueAmt013076
IRS990/PYProgramServiceRevenueAmt0717747
IRS990/PYRevenuesLessExpensesAmt0147702
IRS990/PYSalariesCompEmpBnftPaidAmt0543408
IRS990/PYTotalExpensesAmt0847791
IRS990/PYTotalRevenueAmt0995493
IRS990/ReconcilationRevenueExpnssAmt0135254
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0804740
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0560796
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0643109
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01203905
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06590
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0786093
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0686929
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-117574
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt05564
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0591678
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt050248
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0786093
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0149731
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt04598
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0506724
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt055023
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0591678
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt039496
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt04968
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt04048
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0495633
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0506724
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18608
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt016254
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03581
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0353523
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0495633
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0122444
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt026753
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01247
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0205220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0206467
IRS990ScheduleD/LandGrp/BookValueAmt085000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt085000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0206740
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0134974
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0341714
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0686929
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS/ENDOWMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0277482
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1149900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt216495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33921
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt462
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED TUITION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EIDL LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4STUDENT STORE DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVIDE TUITION REDUCTION FOR FAMILIES WITH FINANCIAL HARDSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0853783
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0686929
IRS990ScheduleD/TotalLiabilityAmt0447860
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0LAKE MICHIGAN ACADEMY DISTRIBUTES A BROCHURE RECOGNIZING AND ADVERTISING ITS PROGRAMS. BOTH THE ACADEMY'S BROCHURE AND LETTERHEAD STATE THAT "THE ACADEMY ADMITS AND HIRES PERSONS OF ANY RACE, COLOR AND NATIONAL OR ETHNIC ORIGIN.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HELP IN CLASSROOMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO TRANSFORM LIVES BY EMPOWERING STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULL POTENTIAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE BUSINESS MANAGER AND BOARD TREASURER ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH AN ANNUAL BOARD QUESTIONNAIRE AND BOARD REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTORS SALARY IS REVIEWED AND VOTED ON BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WOULD BE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 797

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,265,476
Liabilities
$522,937
Net assets
$1,742,539
Revenue
$1,064,644
Expenses
$929,390
Net income
$135,254
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.34$0.27$2.07$1.04$1.04$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.26$0.37$1.89$1.09$1.02$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.27$0.52$1.74$1.06$0.93$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.50$1.73$1.00$0.85$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.80$0.36$1.44$0.75$0.80$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.66$0.27$1.39$0.85$0.84$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.23$1.41$0.82$0.84$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.44$0.12$1.31$0.72$0.77$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.39$0.08$1.31$0.68$0.78$0.10
2015Summary only. Only limited summary data is available for this year.$1.41$0.09$1.31$0.63$0.66$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.11$1.36$0.67$0.60$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.12$1.27$0.59$0.56$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.13$1.24$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.14$1.17$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.17$1.18$0.46