LYCEE FRANCAIS DE CHICAGO INC
Mission Statement
The Lycée Français de Chicago, driven by our core values of respect, responsibility and the joy of learning, empowers students to grow into active global citizens. Through our inclusive, multilingual and pluricultural learning environment and our true immersion-based curricula—offering both French Baccalaureate and International Baccalaureate programs—we give students from pre-K through Grade 12 an outstanding, unique experience. The LFC’s educational excellence enables our students to thrive around the world, in college and throughout their academic, professional and personal lives. The Lycée Français de Chicago’s educational excellence empowers students to become well-rounded, active global citizens ready to take on tomorrow’s challenges. We educate our students to be responsible citizens of the world who employ critical thinking, problem-solving, creativity and adaptability and who act with the utmost integrity. To accomplish this, we instill each student with a global perspective that includes awareness, respect and empathy for others. We teach them to understand diverse cultural nuances, to communicate in multiple languages, and to navigate the world with confidence.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.0% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.1% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.8% | 0.7% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
114.9% | 631.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.9 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
57.1% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.1% | 87.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
4.7% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.1% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.3% | 2.7% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Cost of education for the school year | 764 | $28,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $21.9M | $20.3M | $21.8M | 86.0% | 278 |
| 2022 | $21.0M | $18.8M | $20.2M | 85.2% | 267 |
| 2021 | $20.3M | $17.8M | N/A | — | 248 |
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