Le Lycee Francais De Los Angeles is located in Los Angeles, CA. The organization was established in 1970. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2023, Le Lycee Francais DE Los Angeles employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Le Lycee Francais DE Los Angeles is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Le Lycee Francais DE Los Angeles generated $25.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $24.2m during the year ending 07/2023. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE BILINGUAL SCHOOL, KINDERGARTEN THROUGH HIGH SCHOOL, STUDENTS, APPROXIMATELY 750 STUDENTS ARE SERVICED IN SIX CAMPUSES; 16720 MARQUEZ AVE., PACIFIC PALISADES, CA 90272; 3261, 3265 AND 3055 OVERLAND AVE., LOS ANGELES, CA 90034; 10361 WEST PICO BLVD., LOS ANGELES, CA 90064; 10309 W. NATIONAL BOULEVARD, LOS ANGELES, CA 90034.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE BILINGUAL SCHOOL, KINDERGARTEN THROUGH HIGH SCHOOL, STUDENTS, APPROXIMATELY 750 STUDENTS ARE SERVICED IN FIVE CAMPUSES; 16720 MARQUEZ AVE., PACIFIC PALISADES, CA 90272; 3261, 3265 AND 3055 OVERLAND AVE., LOS ANGELES, CA 90034; 10361 WEST PICO BLVD., LOS ANGELES, CA 90064; AND 10309 W. NATIONAL BOULEVARD, LOS ANGELES, CA 90034.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clara-Lisa Kabbaz President | Officer | 40 | $200,000 |
Josette Cole Head Of Elem. | Officer | 40 | $157,042 |
Craig Hands Dean Of Faculty | Officer | 40 | $78,083 |
Dominique Petauton Head Of Hs | Officer | 40 | $121,750 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $22,837,253 |
Investment income | $1,949,439 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $133,976 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $102,388 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,353,474 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $556,875 |
Compensation of current officers, directors, key employees. | $556,875 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,980,389 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,413,201 |
Payroll taxes | $991,469 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $221,653 |
Fees for services: Other | $225,306 |
Advertising and promotion | $90,949 |
Office expenses | $502,822 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $408,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $56,646 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,033,878 |
Insurance | $0 |
All other expenses | $1,997,228 |
Total functional expenses | $24,154,176 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,936 |
Savings and temporary cash investments | $10,369,942 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $82,772 |
Net Land, buildings, and equipment | $36,389,230 |
Investments—publicly traded securities | $40,360,863 |
Investments—other securities | $5,027,154 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $92,236,897 |
Accounts payable and accrued expenses | $38,095 |
Grants payable | $0 |
Deferred revenue | $14,370,270 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,000 |
Total liabilities | $14,411,365 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $5,000,000 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $72,825,532 |
Total liabilities and net assets/fund balances | $92,236,897 |