EIN 36-2216167

Lake Forest Academy (LFA)

IRS 501(c) type
501(c)(3)
Num. employees
210
Year formed
1857
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Lake Forest College is a coeducational undergraduate institution offering students the opportunities and challenges of a liberal arts education in a community self-consciously dedicated to learning.
Total revenues
$36,433,338
2023
Total expenses
$34,713,082
2023
Total assets
$119,547,820
2023
Num. employees
210
2023

Program areas at LFA

Lake Forest Academy "lfa" was established in 1857 as the boys' preparatory department of lind university. The girls' preparatory department, ferry hall, was added 1869. In 1925, lfa and ferry hall legally separated from the university to become secondary educational institutions. In 1974, the two schools merged into a co-educational independent school. Today's lfa is home to 445 students from 16 states and 41 countries where 50% are boarders. Lfa operates as a boarding school with 73% of the faculty residing on campus. Lfa's 150-acre campus is on the former estate of j. ogden armour and now consists of a complementary mix of historical and modern buildings.lfa's 2019 strategic plan, "midwestern heart. Global mind. ", focuses on program service accomplishments: developing global citizens through unique educational experiences within a diverse and caring community. The administration and faculty are focused on working within the four main initiatives - educational experience, multiculturalism, marketing, and financial strength.for 165 years, lfa has stayed true to its core values of educating the innovative minds of the next generation. The institution and its people are poised to achieve higher levels of success and look enthusiastically toward a new chapter in lfa's history.

Who funds Lake Forest Academy (LFA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustEducation$366,500
Red Bird Hollow FoundationCharitable$300,000
Red Bird Hollow FoundationCharitable$200,000
...and 45 more grants received totalling $1,629,457

Personnel at LFA

NameTitleCompensation
Michael J ReidyChief Financial Officer$231,312
Robert J BucklaVice President for Advancement$218,131
Jotham Thomas JohnsonDean of Faculty$127,132
Andrew F PoskaDean of College Counseling$118,400
Christopher O TennysonHead of School$314,235
...and 10 more key personnel

Financials for LFA

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,290,510
Program services$26,899,973
Investment income and dividends$1,259,487
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$36,947
Net gain from sale of non-inventory assets$-110,153
Net income from fundraising events$-69,919
Net income from gaming activities$0
Net income from sales of inventory$18,388
Miscellaneous revenues$2,108,105
Total revenues$36,433,338

Form 990s for LFA

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-24990View PDF
2022-062023-03-16990View PDF
2021-062022-02-07990View PDF
2020-062021-04-13990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

Organizations like LFA

OrganizationLocationRevenue
Oaks Christian School (OCS)Westlake Village, CA$75,531,597
The Collegiate SchoolRichmond, VA$64,649,067
Darlington SchoolRome, GA$50,668,592
Vail Mountain SchoolVail, CO$17,319,407
Silicon Valley International School (ISTP)Palo Alto, CA$27,766,731
Kent Denver SchoolEnglewood, CO$32,323,047
Girls Preparatory School (GPS)Chattanooga, TN$24,457,540
The Mccallie SchoolChattanooga, TN$63,606,300
Colorado Academy (CA)Denver, CO$53,188,097
Marine Military Academy (MMA)Harlingen, TX$15,138,101
Data update history
August 25, 2024
Received grants
Identified 14 new grant, including a grant for $300,000 from Red Bird Hollow Foundation
June 28, 2024
Used new vendors
Identified 1 new vendor, including
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 5 new personnel
May 19, 2024
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Fundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
1500 W Kennedy Rd
Lake Forest, IL 60045
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Lake County, IL
Website URL
lfanet.org/ 
Phone
(847) 615-3210
Facebook page
LakeForestAcademy 
Twitter profile
@lfacad 
IRS details
EIN
36-2216167
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1857
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B25: High School
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0256493
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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