Civic Intelligence

West Lake Education Foundation Inc.

990 • Fiscal year 2020 • EIN 81-3848043

Jul 01, 2019 to Jun 30, 2020

Organization ProfileWWW.WLAKEPREP.ORG
Cornelius, NC
Siviq Scores

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

Liabilities / Assets

90th percentile

0.93x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • NTEE B • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.26x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • NTEE B • $1M-$5M nonprofits • Source year 2020

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

2020 filings • NTEE B • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

$541,975

No earlier filing loaded for comparison.

Net Assets

$37,794

No earlier filing loaded for comparison.

Liabilities

$504,181

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin43rd percentile

Revenue

$1,941,001

No earlier filing loaded for comparison.

Expenses

$1,903,207

No earlier filing loaded for comparison.

Net Income

$37,794

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30M$20M$10M$0-$10MAssets 2020: $541,975Liabilities 2020: $504,181Net Assets 2020: $37,7942020Assets 2022: $20,810,991Liabilities 2022: $21,311,714Net Assets 2022: -$500,7232022Assets 2023: $19,839,671Liabilities 2023: $21,124,647Net Assets 2023: -$1,284,9762023Assets 2024: $19,295,944Liabilities 2024: $21,284,534Net Assets 2024: -$1,988,5902024

Highlighted filing

2020

Assets$541,975
Liabilities$504,181
Net Assets$37,794
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $1,941,001Expenses 2020: $1,903,207Net Income 2020: $37,7942020Revenue 2022: $5,994,590Expenses 2022: $6,781,951Net Income 2022: -$787,3612022Revenue 2023: $6,147,483Expenses 2023: $6,931,736Net Income 2023: -$784,2532023Revenue 2024: $6,196,717Expenses 2024: $6,900,331Net Income 2024: -$703,6142024

Highlighted filing

2020

Revenue$1,941,001
Expenses$1,903,207
Net Income$37,794
Open 2020 Filing
Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Mission and Program Overview

Mission

West lake education foundation is a north carolina not-for-profit entity organized exclusively for educational purposes. The foundation is comprised of respected leaders in the state of north carolina that are committed to providing high quality educational options for the students and families of north carolina.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$541,975
Liabilities
$504,181
Net assets
$37,794
Revenue
$1,941,001
Expenses
$1,903,207
Net income
$37,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.3$21.3$1.99$6.20$6.90$0.70
2023Detailed filing. Detailed filing data is available for this year.$19.8$21.1$1.28$6.15$6.93$0.78
2022Detailed filing. Detailed filing data is available for this year.$20.8$21.3$0.50$5.99$6.78$0.79
2020Summary only. Only limited summary data is available for this year.$0.54$0.50$0.04$1.94$1.90$0.04