Mission
To provide opportunities for educational choice to students and families of this community. The organization is primarily engaged in providing instructional services to enrolled students in Grades K-8.
Public Charity
LORAIN BILINGUAL PREPARATORY ACADEMY
LORAIN BILINGUAL PREPARATORY ACADEMY is a nonprofit organization categorized as Public Charity based in Lorain, OH. Its most recent IRS filing (2025) reports revenue of $3.5M, expenses of $3.9M, total assets of $3.3M.
EIN: 825246755
Lorain, OH
Charter Schools
NTEE: B29
Latest filing: 2025
Total Revenue$3.5M
Total Expenses$3.9M
Total Assets$3.3M
Grant Records0
Filing Years2021–2025
Where $100 goes at Lorain Bilingual Preparatory Academy
How Lorain Bilingual Preparatory Academy divides every $100 it spends, from its own Form 990 filings, averaged across 7 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
LBA is a learning community which values high expectations for both academics and behavior
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
Board President
David Arrendondo
Board Member
Kimberly Bartlett
Board Member
Marcelo Torres
Board Member
Pastor Terrance Bivins
Board Member
Todd Kubasak
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.5M | $3.9M | $3.3M |
| 2024 | $3.5M | $4.0M | $3.6M |
| 2023 | $3.7M | $3.8M | $4.0M |
| 2022 | $3.6M | $3.0M | $3.3M |
| 2021 | $2.8M | $2.6M | $1.6M |
Between 2021 and 2025, reported annual revenue grew from $2.8M to $3.5M (+25%), with total assets most recently reported at $3.3M.
Interactive year-over-year charts and full filing details available with membership.