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Washington · Nonprofit

LAKESIDE SCHOOL

LAKESIDE SCHOOL (Washington) receives grants from 69 organizations whose IRS filings report $38,631,345 to it, the largest being GATES FOUNDATION ($25,400,000). 60 of them have funded it in more than one year.

Revenue FY2025
$125M
Funders on record
69
Grants received
$39M
Net assets
$542M
60/69 repeat funderspeak grant-dependency 22%
01What it does

What Lakeside School does

Mission

The mission of Lakeside School is to develop in intellectually capable young people the creative minds, healthy bodies, and ethical spirits needed to contribute wisdom, compassion, and leadership to a global society. We provide a rigorous, dynamic academic program through which effective educators lead students to take responsibility for learning. We are committed to sustaining a school in which individuals representing diverse cultures and experiences instruct one another in the meaning and value of community and in the joy and importance of lifelong learning.

As stated on its FY2025 Form 990.

Programs

  1. Lakeside School continues its focus on the core elements of its mission: academic excellence, diversity, and global education, to provide a world class education for the 21st century. In addition to its comprehensive school-year program, the school offers a rich array of summer academic courses and stem and athletic camps as well as the lakeside experiential educational program (leep), which serves rising 6th and 9th graders in the seattle public schools by providing greater access to lakeside's campus and opportunities.

    $42,504,877 spentof which $9,156,398 as grants$37,847,955 earned by the program
    88% of program spending
  2. Auxiliary enterprises - lakeside's food service focuses on serving students and employees healthy food and beverage options for breakfast, lunch, and snacks. Ethnically diverse food choices are often offered at lunch to support the global education initiative. To support tools for learning, lakeside sells laptop computers and e-learning materials to students' families.

    $3,217,150 spentof which $720,608 as grants$1,780,535 earned by the program
    7% of program spending
  3. The downtown school, a micro school in seattle center, opened in fall 2018. The model preserves the essence of a lakeside academic education at approximately half the tuition.

    $2,683,816 spentof which $327,198 as grants$3,042,138 earned by the program
    6% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $48,405,843.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($42M) Expenses 100 ($40M) Net assets 100 ($298M)2018 Revenue 112 ($47M) Expenses 103 ($41M) Net assets 104 ($311M)2019 Revenue 155 ($65M) Expenses 113 ($45M) Net assets 108 ($322M)2020 Revenue 131 ($55M) Expenses 115 ($46M) Net assets 106 ($317M)2021 Revenue 132 ($56M) Expenses 122 ($49M) Net assets 131 ($392M)2022 Revenue 154 ($65M) Expenses 130 ($52M) Net assets 120 ($358M)2023 Revenue 187 ($79M) Expenses 137 ($55M) Net assets 136 ($407M)2024 Revenue 182 ($77M) Expenses 146 ($59M) Net assets 152 ($455M)2025 Revenue 297 ($125M) Expenses 156 ($63M) Net assets 182 ($542M)
'17'18'19'20'21'22'23'24'25
Revenue (297)Expenses (156)Net assets (182)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $325M to $427M (+31%).

$305M
$319M
$330M
$325M
$427M
$394M
$446M
$497M
$590M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

52% of LAKESIDE SCHOOL’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$2.1M
’17
$6.0M
’18
$20M
’19
$9.3M
’20
$6.9M
’21
$13M
’22
$24M
’23
$18M
’24
$63M
’25
22
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed303030292729303030
Joined·+7+7+6+5+7+5+6+4
No longer listed·77775464
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 24 funders to 40 funders, grant income rose $687k → $17M.

18 of 69 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LAKESIDE SCHOOL’s funders (the co-funder graph). Top 30 of 69 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LAKESIDE SCHOOL leans on a few funders — its largest provides 66% of grant income and the top three 76%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

66%
largest funder
76%
top three
~2
effective funders

Largest funder’s share by year: 2017 18% · 2018 21% · 2019 23% · 2020 24% · 2021 27% · 2022 34% · 2023 88% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

59% of LAKESIDE SCHOOL's funders are still giving 3 years after their first grant; 87% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

91% of LAKESIDE SCHOOL's grant income comes from Washington funders.

WA
ID
MN
IL
NY
IA
OH
PA
CA
MO
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $9.3M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LAKESIDE SCHOOL runs a healthier operating margin than three-quarters of the 684 education nonprofits its size.

Operating margin50% · top quartile
Months of reserve22.3mo · top quartile
Revenue growth (annualized)15% · top quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Organizations like LAKESIDE SCHOOL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 15%Fundraising 3%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

36%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Charitable Remainder Trust (2) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for LAKESIDE SCHOOL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LAKESIDE SCHOOL?
LAKESIDE SCHOOL (Washington) receives grants from 69 organizations whose IRS filings report $38,631,345 to it, the largest being GATES FOUNDATION ($25,400,000). 60 of them have funded it in more than one year.
How many funders does LAKESIDE SCHOOL have?
IRS filings report 69 organizations giving $38,631,345 in grants to LAKESIDE SCHOOL, 60 of which have funded it in more than one year.
Who is the largest funder of LAKESIDE SCHOOL?
GATES FOUNDATION is the largest funder on record, with $25,400,000 in grants. The full list of funders is on this page.
How can an organization like LAKESIDE SCHOOL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lakeside School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 69 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing