Nonpartisan civic infrastructure
AllCiv·Legis1
·

LAKE Forest Academy

Public charity990-T FY2023
DBA: % LAKE
Other · LAKE FOREST, IL · EIN 36-2216167

About

LAKE forest academy strives to embody in its practices - and to cultivate in its students - excellence of character, scholarship, citizenship, and responsibility.

In care of LAKE

Donations are tax-deductible
Category
Other
Employees
210
Volunteers
304

Financial Snapshot

FY ending 2023-06-30
Revenue
$36.4M
Expenses
$34.7M
Assets
$119.5M
Liabilities
$39.0M

Financial history

$36.4M$18.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $36.4M · Avg: $32.9M

Foreign activity (Schedule F)

Total spent abroad$73K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
MIDDLE EAST AND NORTH AFRICA
EUROPE (INCLUDING ICELAND & GREENLAND)
SUB-SAHARAN AFRICA
EAST ASIA AND THE PACIFIC

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$5.8M
LAKE FOREST ACADEMY
Your actions

Address

1500 W Kennedy RD
LAKE Forest, IL, 60045-104

Governance

Voting board members30
Independent members28
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %57.9%
Permanent endowment %31.5%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.