2026-05-15T10:36:35-05:00 2025-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2024-07-01 346519833 LAKE RIDGE ACADEMY LAKE 4403271175 37501 CENTER RIDGE ROAD NORTH RIDGEVILLE OH 44039 MEGAN ZAHLER CHIEF FINANCIAL & INST.ADV.OFFICER 4403271175 2026-05-14 1 0 CHRISTOPHER B ANDERSON P00226559 2163630100 2024 2025-03-06 01:10:19Z MEGAN ZAHLER 37501 CENTER RIDGE ROAD NORTH RIDGEVILLE OH 44039 10733588 0 X WWW.LAKERIDGEACADEMY.ORG X 1963 OH OUR MISSION IS TO SEND INTO A CHANGING WORLD CONFIDENT YOUNG PEOPLE OF INTEGRITY WHO THINK CRITICALLY AND CREATIVELY WHILE EMBRACING THE JOY OF LIFELONG LEARNING. 19 19 134 75 0 0 1022190 2131051 8350912 8275997 13614 606 69070 183708 9455786 10591362 2312452 1882855 0 0 6311126 6099392 0 0 929280 3007462 3595642 11631040 11577889 -2175254 -986527 11187674 9997540 10480201 10228782 707473 -231242 OUR MISSION IS TO SEND INTO A CHANGING WORLD CONFIDENT YOUNG PEOPLE OF INTEGRITY WHO THINK CRITICALLY AND CREATIVELY WHILE EMBRACING THE JOY OF LIFELONG LEARNING. 0 0 9446586 1882855 8355136 LAKE RIDGE ACADEMY PROVIDED COLLEGE-PREPARATORY EDUCATION TO 383 K-12 STUDENTS. ACHIEVEMENTS INCLUDED A 100% GRADUATION RATE, 100% COLLEGE MATRICULATION, AND EXPANSION OF STEM AND HUMANITIES OFFERINGS. LAKE RIDGE ACADEMY'S CENTER FOR CREATIVE THINKERS (CCT) OFFERED ENRICHMENT PROGRAMMING AFTER SCHOOL AND DURING THE SUMMER, EXTENDING EXPLORATION BEYOND THE CLASSROOM. TO EXTEND ACCESS AND SUPPORT OUR FAMILIES, LRA PROVIDED MORNING AND AFTERNOON TRANSPORTATION TO AND FROM SCHOOL, AND TRANSPORTATION TO AWAY ATHLETIC EVENTS AND LOCAL FIELD TRIPS. 9446586 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 43 0 1 134 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 OH X MEGAN ZAHLER 4403271175 37501 CENTER RIDGE ROAD NORTH RIDGEVILLE OH 44039 BRIAN SHIMKO '04 CHAIR 2.00 X X 0 0 0 TOM DAKE VICE-CHAIR 2.00 X X 0 0 0 JENNIFER ZINN-LAGASSE '86 SECRETARY 1.00 X X 0 0 0 SERENA PAL TREASURER 1.00 X X 0 0 0 MANUEL CARBALLO BOARD MEMBER 1.00 X 0 0 0 JOHN JR DOOLOS BOARD MEMBER 1.00 X 0 0 0 THOMAS DRESING '83 BOARD MEMBER 1.00 X 0 0 0 MEREDITH GADSBY-PETERSON BOARD MEMBER 1.00 X 0 0 0 MEGAN GARDNER '03 BOARD MEMBER 1.00 X 0 0 0 KARI HALKO '01 BOARD MEMBER 1.00 X 0 0 0 JONATHAN HYMAN BOARD MEMBER 1.00 X 0 0 0 DON KAATZ '70 BOARD MEMBER 1.00 X 0 0 0 JEFF KNAPP '83 BOARD MEMBER 1.00 X 0 0 0 JOE MICLAT '90 BOARD MEMBER 1.00 X 0 0 0 JARED OAKES BOARD MEMBER 1.00 X 0 0 0 SARAH PARKER BOARD MEMBER 1.00 X 0 0 0 JULIA SERTICH '01 BOARD MEMBER 1.00 X 0 0 0 SHERI TERENS BOARD MEMBER 1.00 X 0 0 0 MONA THOMPSON BOARD MEMBER 1.00 X 0 0 0 MITCHELL F WHITE HEAD OF SCHOOL 40.00 X 243150 0 77832 MARK CHARVAT CHIEF FINANCIAL OFFICER 40.00 X 129560 0 0 MEGAN ZAHLER CHIEF INSTITUTIONAL ADV.OFFICER 40.00 X 120145 0 0 LINDA KOZLER CHIEF ACADEMIC OFFICER 40.00 X 122724 0 0 615579 0 77832 4 0 1 0 0 155855 512471 1462725 2131051 STUDENT TUITION 900099 7953603 7953603 TRANSPORTATION FEE 900099 122629 122629 EXTENDED DAY PROGRAM 900099 93191 93191 CCT SUMMER&AFTER SCHOOL PROG. 900099 56000 56000 FACILITIES RENTAL 900099 24360 24360 26214 26214 8275997 606 606 246795 155855 142226 104569 104569 OTHER REVENUE 900099 79139 79139 79139 10591362 8355136 0 105175 1882855 1882855 693410 562286 67711 63413 4453935 3611694 434926 407315 567132 459887 55380 51865 384915 312127 37587 35201 24041 24041 23100 23100 265083 265083 190887 47960 142927 101363 100178 1185 464917 418426 37193 9298 8766 8082 684 429792 386813 34383 8596 681656 613491 54532 13633 148346 133512 11867 2967 INSTRUCTIONAL 989952 989952 FUNDRAISING 192196 192196 TRANSPORTATION 75543 75543 11577889 9446586 1202023 929280 220038 144225 634980 421896 420564 180993 264792 17109 25058203 16710062 8691002 8348141 86146 58 870152 885118 11187674 9997540 1027364 1131390 3065432 2835596 320000 1251355 6056829 5010441 10576 0 10480201 10228782 X -2157541 -3101306 2865014 2870064 707473 -231242 11187674 9997540 -986527 54346 -6534 0 X X 0 0 0 X 2387532 2482341 1634492 1022190 2131051 9657606 2387532 2482341 1634492 1022190 2131051 9657606 1116506 8541100 114549 117697 59479 44384 606 336715 371965 303032 148320 38300 104569 966186 79139 79139 11039646 51214985 0.77370 0.74690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2024 AMOUNT: $ 79,139. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1347040 -2785 0 1344255 1410254 -42701 20513 1347040 2426973 -1044078 110567 83208 1410254 2765613 144500 -431211 51929 2426973 2030425 695250 409660 369722 2765613 0.00000 1.00000 0.00000 0 0 1455587 1455587 17793590 11967763 5825827 4317439 3861559 455880 1491587 880740 610847 8348141 BENEFICIAL INTEREST & CHARITABLE TRUST 772231 INTEREST RATE SWAP ASSET 112887 885118 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - THE ACADEMY'S ENDOWMENT FUNDS ARE USED FOR GENERAL OPERATIONS, SCHOLARSHIPS, FACULTY ENRICHMENT, AND THE COMMUNITY RESOURCE CENTER. PART V, LINE 1B - ADDITIONAL INFORMATION ABOUT CONTRIBUTIONS: THE NEGATIVE AMOUNT SHOWN IN THE "TWO YEARS BACK" COLUMN CONSISTS OF $85,500 OF CONTRIBUTIONS TO ENDOWMENT AND ($1,129,578) OF BORROWINGS FOR OPERATIONS. SUCH BORROWINGS WERE APPROVED BY THE BOARD OF DIRECTORS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY PUBLISHES NOTICES OF ITS NONDISCRIMINATION POLICIES ON ITS WEBSITE AND IN ITS APPLICATION FOR ENROLLMENT. SCHEDULE E, PART I, LINE 6 AID FROM A GOVERNMENTAL AGENCY - THE ACADEMY RECEIVED FUNDS AND REIMBURSEMENTS FROM THE STATE OF OHIO. THESE FUNDS WERE EXPENDED FOR SUPPLIES, SERVICES, EQUIPMENT AND CAPITAL ITEMS. AUCTION-GALA 402650 155855 246795 49902 19305 53796 13509 5714 402650 155855 246795 49902 19305 53796 13509 5714 142226 104569 1 STUDENT FINANCIAL AID 213 1457158 0 STUDENT TUITION REMISSION 31 425697 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - THE ACADEMY ENSURES THAT ITS GRANTS ARE USED FOR EDUCATIONAL PURPOSES BY CREDITING THE FINANCIAL AID AMOUNTS DIRECTLY TO THE STUDENTS' ACCOUNTS INSTEAD OF ISSUING CHECKS. 0 0 0 0 0 0 0 0 0 MITCHELL F WHITE HEAD OF SCHOOL 243150 0 0 0 0 0 5151 0 72681 0 320982 0 0 0 DON KAATZ BOARD MEMBER PURCHASE OF PROPERTY X 300000 300000 0 1 1 MR DARCY INVESTMENTS CONTROLLED ENTITY OF BOARD MEMBER JOSEPH MICLAT OPERATIONS X 250000 250000 0 1 1 VUVU INVESTMENTS LLC CONTROLLED ENTITY OF OFFICER MEGAN ZAHLER OPERATIONS X 451355 451355 0 1 1 JENNIFER ZINN LAGASSE BOARD MEMBER OPERATIONS X 250000 250000 0 1 1 1251355 SHELBY WHITE FAMILY RELATIONSHIP WITH OFFICER 59750 COMPENSATION 0 FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 - THE BOARD OF DIRECTORS DELEGATED THE AUTHORITY TO REVIEW AND APPROVE FORM 990 TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE REVIEWED THE TAX RETURN AT A MEETING PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY - BECAUSE OF THE CONFIDENTIAL NATURE OF DONOR INFORMATION, THE ACADEMY HAS CHOSEN NOT TO SHARE THE NAMES AND ADDRESSES OF DONORS LISTED ON SCHEDULE B WITH THE FINANCE COMMITTEE AND BOARD. THEREFORE, THE ACADEMY PROVIDED A COPY OF FORM 990 TO THE FINANCE COMMITTEE AND BOARD BUT REDACTED DONOR INFORMATION FROM SCHEDULE B. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A OF PART VI EVEN THOUGH THE BOARD WAS GIVEN FORM 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE COMMITTEE ON DIRECTORS REVIEWS COMPLIANCE WITH THE ACADEMY'S CONFLICT POLICY. WHEN A CONFLICT ARISES, THE EFFECTED PERSON IS NOT PERMITTED TO PARTICIPATE IN THE DISCUSSION OF THE TRANSACTION OR TO VOTE ON THE MATTER. THE DECISION TO ACCEPT OR REJECT THE PROPOSED TRANSACTION IS MADE BY PERSONS WHO ARE INDEPENDENT OF THE INDIVIDUAL WITH THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINATION - AN ANNUAL SALARY COMPARISON IS DONE FOR FACULTY AND STAFF BASED ON INFORMATION ACQUIRED FROM NAIS AND OAIS SURVEY DATA. THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE DATA AND APPROVES ANY SALARY INCREASES. THE PERSONS MAKING DECISIONS ABOUT COMPENSATION ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM THE COMPENSATION IS BEING DETERMINED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE ACADEMY MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. PART XII, LINE 2B - ADDITIONAL INFORMATION ABOUT FINANCIAL STATEMENT AUDIT: DUE TO A TURNOVER IN PERSONNEL AND OTHER CONSTRAINTS, THE FINANCIAL STATEMENT AUDIT BY AN INDEPENDENT ACCOUNTING FIRM WAS DELAYED. THAT AUDIT WILL BE COMPLETED BUT NOT BEFORE FORM 990 IS FILED.