Public Charity

LILA BUILDING COMPANY

LILA BUILDING COMPANY is a nonprofit organization categorized as Public Charity based in FOREST LAKE, MN. Its most recent IRS filing (2025) reports revenue of $2.8M, expenses of $2.8M, total assets of $34.3M.

EIN: 202511625 FOREST LAKE, MN Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$2.8M
Total Expenses$2.8M
Total Assets$34.3M
Grant Records0
Filing Years2021–2025

Mission

TO OWN AND MAINTAIN APPROPRIATE SCHOOL FACILITIES FOR LEASE TO LAKES INTERNATIONAL LANGUAGE ACADEMY IN FOREST LAKE, MINNESOTA.

Where $100 goes at Lila Building Company

How Lila Building Company divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Lila Building Company (lbc) leases three buildings on two campuses, located in Forest Lake, mn, to lakes international language academy: - lower school (68,000 sq ft) at 246…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Dwayne Green
TREASURER Jeff Schipper
PRESIDENT/LILA CFO Julie Lundgren

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.8M $2.8M $34.3M
2024 $2.8M $2.5M $34.8M
2023 $2.7M $3.0M $35.1M
2022 $2.6M $2.8M $35.7M
2021 $2.4M $2.8M $36.2M

Between 2021 and 2025, reported annual revenue grew from $2.4M to $2.8M (+17%), with total assets most recently reported at $34.3M.

Interactive year-over-year charts and full filing details available with membership.

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