Lake Erie International High School

EIN: 611409704 501(c)(3) Education

Cleveland, OH

Total Revenue
$3,279,619
Total Expenses
$2,514,462
Total Assets
$8,348,750
Net Assets
$3,896,422
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
OH
Phone
2165397229
Tax Period
2024-07-01 to 2025-06-30

Lake Erie International High School, founded in 1998, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $765K, a strong 23% operating margin.

Mission

Lake Erie International High School's mission is to focus on graduation and social growth while preparing students for success in one or more of the following post-graduation options: ENROLLED Students will be prepared with the essential skills to succeed at college, university, or trade school. ENLISTED Students will be prepared with the assistance of our stakeholders to begin a military career. EMPLOYED Students will be prepared with the essential skills for a future career with a sustainable income. ENTREPRENEURSHIP Students will be prepared with the essential skills to develop and explore their own unique business plans.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,008,002
Program Service Revenue $0
Investment Income $136,751
Other Revenue $134,866
TOTAL REVENUE $3,279,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $658,334
Fundraising Expenses $0
Program Expenses $2,514,462
Other Expenses $1,856,128
TOTAL EXPENSES $2,514,462

Year-over-Year Comparison

2024 2023 Change
Revenue $3,279,619 $2,703,015 +0.2%
Expenses $2,514,462 $1,903,852 +0.3%
Net Income $765,157 $799,163 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
15
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$537,568
Total Directors
5
$24,376
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Arnell Hurt Board Member 3.0
Director
$2,500 $0 $5,000
Crystal Turnbo Board Member 3.0
Director
$2,500 $0 $5,000
Jason Clotman Board Member 3.0
Director
$2,375 $0 $4,750
Jo-Anna Pugh-Fitzpatrick Board Member 3.0
Director
$2,125 $0 $4,250
Kim Bogen Board Member 3.0
Director
$2,688 $0 $5,376
The Educational Empowerment Group Management Company 40.0
Officer
$312,729 $0 $537,568
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,279,619 $2,514,462 $8,348,750 $765,157
2024 No data No data No data No data
2023 $3,086,570 $2,739,273 $5,718,483 $347,297
2022 $2,958,278 $2,293,879 $5,635,062 $664,399
2021 $2,650,327 $2,602,585 $4,287,748 $47,742
2018 $3,622,822 $2,582,585 $3,506,744 $1,040,237
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