LYCEE FRANCAIS DE CHICAGO INC Charity Report

Public IRS 990 nonprofit record

LYCEE FRANCAIS DE CHICAGO INC

EIN 36-4002001 · Education (B99Z)

What they do

The Lycee Francais De Chicago, Driven By Our Core Values of Respect, Responsibility and The Joy of Learning, Empowers Students to Grow Into Active Global Citizens.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.41%of revenue went to mission work85.7% of expenses · Program services

1.69%of revenue went to fundraising1.7% of expenses

$100.86spent for every $100 of revenueSpending was higher than revenue this year.

12.76%of revenue went to management and office costs12.7% of expenses

$2.16in assets for every $1 spent this yearSome assets cannot be spent right away.

4.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $211,180 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $387,138 for MIKE YAGER (CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$24,467,854

Mission workProgram services$21,141,74286.41% of revenue85.7% of expenses

ManagementOffice and general costs$3,122,80512.76% of revenue12.7% of expenses

FundraisingAsking for donations$414,4871.69% of revenue1.7% of expenses

Total expenses$24,679,034100.86% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.7% mission · 12.7% management · 1.7% fundraisingTotal expenses: 100.86% of revenue

2023Expense mix: 85.6% mission · 12.3% management · 2.1% fundraisingTotal expenses: 96.18% of revenue

2022Expense mix: 86.0% mission · 12.1% management · 1.8% fundraisingTotal expenses: 92.69% of revenue

2021Expense mix: 85.2% mission · 13.2% management · 1.6% fundraisingTotal expenses: 89.73% of revenue

2020Expense mix: 84.4% mission · 13.6% management · 2.0% fundraisingTotal expenses: 87.68% of revenue

2019Expense mix: 84.0% mission · 12.3% management · 3.7% fundraisingTotal expenses: 86.39% of revenue

2018Expense mix: 85.4% mission · 12.4% management · 2.1% fundraisingTotal expenses: 95.19% of revenue

2017Expense mix: 83.6% mission · 13.6% management · 2.9% fundraisingTotal expenses: 98.63% of revenue

Money in and money out

Revenue$24,467,854

Expenses$24,679,034

Annual shortfall $211,180 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$21,141,742 · 85.7% of expenses

Management and office costs$3,122,805 · 12.7% of expenses

Fundraising$414,487 · 1.7% of expenses

See all reported dollar amounts

Revenue$24,467,854

Expenses$24,679,034

Assets$53,300,896

Income$24,790,496

Contributions$1,127,394

Mission work (program services)$21,141,742

Fundraising$414,487

Management and general$3,122,805

Stocks and bonds$11,025,208

Accounting fees$94,668

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MIKE YAGERCFO · 40 hrs/week $387,138Base $303,712 · Other $83,426

ERIC VETEAUPRESIDENT · 40 hrs/week $354,934Base $332,992 · Other $21,942

IRINA LOBO-ZIEMANNDIRECTOR OF INFORMATION TECHNOLOGY · 40 hrs/week $193,409Base $132,675 · Other $60,734

SARAH GALERCCMO · 40 hrs/week $181,730Base $149,962 · Other $31,768

SEBASTIEN TOURLOUSEDIRECTOR OF IB · 40 hrs/week $172,483Base $118,344 · Other $54,139

PHILIPPE AUDASSODIRECTOR OF ATHLETICS · 40 hrs/week $162,465Base $130,304 · Other $32,161

DELPHINE GEANNOPULOSDIRECTOR OF MIDDLE SCHOOL · 40 hrs/week $139,477Base $114,475 · Other $25,002

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

MIKE YAGERCFO

ERIC VETEAUPRESIDENT

IRINA LOBO-ZIEMANNDIRECTOR OF INFORMATION TECHNOLOGY

SARAH GALERCCMO

SEBASTIEN TOURLOUSEDIRECTOR OF IB

PHILIPPE AUDASSODIRECTOR OF ATHLETICS

DELPHINE GEANNOPULOSDIRECTOR OF MIDDLE SCHOOL

QUENTIN CALDERTRUSTEE

XAVIER LAURENSTREASURER

VIRGINIE OTT-BONOPAST CHAIR

VICTORIA GHANEMTRUSTEE

TATIANA BONUMATRUSTEE UNTIL 12/24

BRIGITTE OZZELLOCHAIR

ERIC JENSENTRUSTEE

ROSS ALLENTRUSTEE

RANDY BRIDGEMANSECRETARY

JENNIFER LEETRUSTEE

PIERRE-ANDRE BALSONTRUSTEE

PIERRE LORIEAUTRUSTEE

JAKE KAHNTRUSTEE

JENN LAJANOTRUSTEE

MARISSA INGLEYTRUSTEE UNTIL 12/24

KELSEY BURRTRUSTEE

KEITH BRENNANTRUSTEE

JOANNE BARRY-BOBULETRUSTEE

About this charity

Recognized since: January 1995
Location: 1929 West Wilson Avenue, Chicago, IL 606405208
County: Cook
In care of: Michael Yager
Primary officer: Michael Yager, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@lyceechicago.org Phone(773) 665-0066

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Education (B99Z)