BEducationEIN: 825246755· Ruling Year: 2019

Lorain Bilingual Preparatory Academy

Lorain, Ohio

B-Health Score
47B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median20.77×
💰
$3.7M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$216K
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.8%
Year-over-year change (2022 → 2023)
Net Margin
-1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
94.6%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$3,719,8893%$3,761,90226%$3,997,56422%
2022$3,617,22930%$2,994,02216%$3,273,576103%
2021$2,787,86658%$2,577,50528%$1,611,04971%
2020$1,768,25585%$2,010,88756%$941,285580%
2019$955,546$1,288,290$138,336

Frequently Asked Questions

What does Lorain Bilingual Preparatory Academy do?

Lorain Bilingual Preparatory Academy is a education nonprofit organization based in Ohio. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lorain Bilingual Preparatory Academy financially healthy?

Based on our 9-metric Financial Health Score model, Lorain Bilingual Preparatory Academy has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lorain Bilingual Preparatory Academy generate?

Lorain Bilingual Preparatory Academy reports $3.5M in annual revenue and holds $3.6M in total assets, based on IRS filings.

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