Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
99 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990; $251K paid to officers and key staff.
Richard Veasey’s $167K as Director is at the 23rd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Richard Veasey | $167,346 | $155,013 | $148,645 | $154,600 | $133,559 | $128,117 |
| Anne Bills | — | — | $102,423 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Operates and promotes a public charter school funded by government sources.
Questions for Lakeview Academy
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Operation of one public charter school for students from kindergarten through ninth grade
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.3M | $4.6M |
| InvestmentsLn 11–13 | $1.4M | $1.5M |
| Land, buildings, equipmentLn 10c | $11.6M | $11.3M |
| Total assetsLn 16 | $17.4M | $17.6M |
| LiabilitiesLn 26 | $13.8M | $13.3M |
| Net assetsLn 32 | $3.5M | $4.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $190K | $190K | ||
| Other salaries and wagesLn 7 | $4.9M | $4.9M | ||
| Pension plan contributionsLn 8 | $282K | $282K | ||
| Other employee benefitsLn 9 | $669K | $669K | ||
| Payroll taxesLn 10 | $361K | $361K | ||
| Management feesLn 11a | $35K | $35K | ||
| Legal feesLn 11b | $3K | $3K | ||
| Accounting feesLn 11c | $22K | $22K | ||
| Other fees for servicesLn 11g | $264K | $264K | ||
| Advertising and promotionLn 12 | $2K | $2K | ||
| Information technologyLn 14 | $53K | $53K | ||
| TravelLn 17 | $66K | $66K | ||
| InterestLn 20 | $498K | $498K | ||
| Depreciation, depletion and amortizationLn 22 | $442K | $442K | ||
| InsuranceLn 23 | $31K | $19K | $12K | |
| Other expenses (24a–d)Ln 24 | $1.3M | $1.3M | ||
| All other expensesLn 24e | $14K | $14K | ||
| Total functional expensesLn 25 | $9.1M | $9.1M | $75K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $12.5M | $12.0M | $484K | $5.7M | 990 PDF |
| FY2024 | $10.8M | $9.9M | $895K | $5.2M | 990 PDF |
| FY2023 Viewing | $9.9M | $9.1M | $756K | $4.3M | 990 PDF |
| FY2022 | $8.9M | $8.1M | $779K | $3.5M | 990 PDF |
| FY2021 | $8.2M | $8.1M | $177K | $3.2M | 990 PDF |
| FY2020 | $8.0M | $7.5M | $541K | $3.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $9,891,415 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, no flags
Part VIII · Statement of revenue $9,891,415 across 7 lines filed
Part IX · Statement of functional expenses $9,135,617 across 17 lines filed
Part X · Balance sheet $17,606,657 assets, 15 lines filed
Part XI · Reconciliation of net assets $4,293,111 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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