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LAKE Forest Graduate School of Management

Public charityFed auditsIRS 990
Other · LAKE FOREST, IL · EIN 23-7013253

About

Lake Forest Graduate School of Management's mission is to bring the real world to business education and leadership development.

Donations are tax-deductible
Category
Other
Employees
154
Volunteers
50

Financial Snapshot

FY ending 2023-06-30
Revenue
$8.0M
Expenses
$9.3M
Assets
$15.5M
Liabilities
$1.1M

Financial history

$10.6M$5.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $8.0M · Peak FY2018: $10.4M · Avg: $9.3M
LAKE FOREST GRADUATE SCHOOL OF MANAGEMENT
Your actions

Address

100 Saunders RD STE 150
LAKE Forest, IL, 60045-252

Governance

Voting board members12
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %41.2%
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.
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