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THE MISSION OF LISA ACADEMY IS TO PROVIDE AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM, IN PARTNERSHIP WITH STUDENTS, FAMILIES, AND THE COMMUNITY, AND GUIDE ALL STUDENTS IN GAINING KNOWLDEGE, SKILLS, AND THE ATTITUDE NECESSARY TO DIRECT THEIR LIVES, IMPROVE A DIVERSE SOCIETY, AND EXCEL IN A CHANGING WORLD BY PROVIDING DYNAMIC, RESOURCE-RICH LEARNING ENVIRONMENTS.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$45.9M
Program Spending
82%
of total expenses go to program services
Total Contributions
$44M
Total Expenses
▼$47.5M
Total Assets
$69.5M
Total Liabilities
▼$51.8M
Net Assets
$17.7M
Officer Compensation
→$448.5K
Other Salaries
$25M
Investment Income
$327.1K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $6M | Yes | 2026-03-31 |
| 2024 | Clean | Unmodified (Clean) | $5.5M | Yes | 2025-03-21 |
| 2023 | Clean | Unmodified (Clean) | $7.5M | Yes | 2024-03-29 |
| 2022 | Clean | Unmodified (Clean) | $8.7M | Yes | 2023-03-29 |
| 2021 | Clean | Unmodified (Clean) | $5.9M | Yes | 2022-08-07 |
| 2020 | Clean | Unmodified (Clean) | $2.1M | Yes | 2021-03-30 |
| 2019 | Clean | Unmodified (Clean) | $1.5M | Yes | 2020-03-31 |
| 2018 | Clean | Unmodified (Clean) | $1.4M | Yes | 2019-02-20 |
| 2017 | Clean | Unmodified (Clean) | $1.2M | Yes | 2018-03-25 |
| 2016 | Clean | Unmodified (Clean) | $803.3K | No | 2017-02-17 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$8.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$803.3K
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $45.9M | $44M | $47.5M | $69.5M | $17.7M |
| 2022IRS e-File | $42.3M | $40.9M | $44.9M | $72.2M | $19M |
| 2021 | $35M | $34M | $32.1M | $55.9M | $17.7M |
| 2020 | $28.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Fatih Bogrek | Superintendent | 40 | $138.8K | $0 | $25.3K | $164.2K |
| Hasan Sazci | Asst. Superindendent | 40 | $105.5K | $0 | $20.3K | $125.8K |
| Necati Sahin | CFO | 40 | $102.9K | $0 | $19.8K | $122.7K |
| Cynthia Dawson | President | 1 | $0 | $0 | $0 | $0 |
| Dr Emre Celebi | Secretary | 1 | $0 | $0 | $0 | $0 |
| Dr Erhan Ararat | Vice President | 1 | $0 | $0 | $0 | $0 |
Fatih Bogrek
Superintendent
$164.2K
Hrs/Wk
40
Compensation
$138.8K
Related Orgs
$0
Other
$25.3K
Hasan Sazci
Asst. Superindendent
$125.8K
Hrs/Wk
40
Compensation
$105.5K
Related Orgs
$0
Other
$20.3K
Necati Sahin
CFO
$122.7K
Hrs/Wk
40
Compensation
$102.9K
Related Orgs
$0
Other
$19.8K
Cynthia Dawson
President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dr Emre Celebi
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dr Erhan Ararat
Vice President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Tolga Ensari | Board Member | 1 | $0 | $0 | $0 | $0 |
| Erica Miller | Board Member | 1 | $0 | $0 | $0 | $0 |
Dr Tolga Ensari
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Erica Miller
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $26.6M |
| $27.6M |
| $45.4M |
| $14.8M |
| 2019 | $20.8M | $19.5M | $19.8M | $44.9M | $13.7M |
| 2018 | $19.2M | $18.2M | $17.1M | $40.9M | $12.6M |
| 2017 | $17.5M | $16.6M | $14.6M | $17.9M | $10.6M |
| 2016 | $12.9M | $12.1M | $11.3M | $15.1M | $7.7M |
| 2015 | $11.9M | $11.1M | $11.1M | $13.2M | $6.1M |
| 2014 | $11.2M | $10.3M | $9.8M | $12.8M | $5.2M |
| 2013 | $9.8M | $9.1M | $9.3M | $11.7M | $3.8M |
| 2012 | $8.3M | $7.6M | $7.7M | $11.2M | $3.3M |
| 2011 | $6.7M | $6.3M | $6.1M | $11.2M | $2.7M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |