Overview
What is Lake Forest Graduate School Of Management?
Lake Forest Graduate School of Management is a distinguished educational institution situated in Lake Forest, Illinois. Its unique approach to business education combines traditional and innovative academics with a faculty that boasts extensive real-world experience. This blend of theory and practice ensures students receive a practical education, catering to the results-oriented demands of the contemporary business environment while maintaining academic rigor. The school's faculty members, hailing from diverse backgrounds, organizations, industries, and functions, infuse their lessons with a wealth of knowledge and experience. By integrating coursework with professional experiences, Lake Forest Graduate School of Management fosters students' analytical abilities, preparing them for success in today's dynamic business world. The school's mission is to bridge the gap between academia and the real world, prioritizing practical learning and leadership development.
Official website here: www.lakeforestmba.edu
What are the reviews and ratings of this charity?
Charity Navigator has awarded Lake Forest Graduate School of Management a Four-Star out of Four Star rating with an impressive score of 92%. This high rating reflects the organization’s strong commitment to accountability and finance, with particularly notable scores in areas such as independent board membership and effective oversight of financial statements. The organization has demonstrated best practices through its whistleblower and conflict of interest policies, ensuring a level of transparency and governance that many nonprofits strive for.
However, the organization did receive a score of 0 for having its tax form posted on its website, which indicates a potential area for improvement in accessibility of information to the public. Despite this, the overall financial health of the nonprofit remains robust, with a low liabilities-to-assets ratio and a significant portion of expenses directed towards programs, reinforcing its effectiveness in resource allocation.
User feedback on GreatNonprofits could not be retrieved, so insights into individual experiences or sentiment around this organization are not available at this time. However, the strong rating and financial oversight established by Charity Navigator paint a positive picture of Lake Forest Graduate School of Management as a well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Forest Graduate School Of Management legitimate?
Lake Forest Graduate School Of Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Forest Graduate School Of Management submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,026,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,481,750
For more financial information, click here
Official website here: www.lakeforestmba.edu
What is the mission statement of Lake Forest Graduate School Of Management?
Lake Forest Graduate School of Management's mission is centered around integrating real-world experiences into business education and leadership development. The institution combines traditional and cutting-edge academics with a faculty that has extensive practical experience in various industries and organizations. This approach caters to the results-oriented demands of the current business environment while maintaining academic rigor. The faculty members offer diverse perspectives and blend solid business theory with practical experience, ensuring students receive a comprehensive, hands-on education. Lake Forest Graduate School of Management's courses further enhance students' analytical skills by integrating academic work with real-world professional experiences. Their General MBA program provides a broad understanding of various business areas necessary for success in today's business world. The teaching methods are interactive and personal, incorporating a variety of techniques, including facilitated discussions on current management issues and responsibilities.
Official website here: www.lakeforestmba.edu
Who is the CEO of Lake Forest Graduate School Of Management?
Unavailable The CEO's salary of Lake Forest Graduate School Of Management is $367,174 and their total compensation is $398,477.
Official website here: www.lakeforestmba.edu
What is the revenue of Lake Forest Graduate School Of Management?
Lake Forest Graduate School Of Management's revenue in 2022 was $8,050,027.
Official website here: www.lakeforestmba.edu
Who are the executives of Lake Forest Graduate School Of Management and what are their salaries?
The average compensation at Lake Forest Graduate School Of Management during 2022 was $33,793. There are 163 employees and 50 volunteers at Lake Forest Graduate School Of Management.
Here are 22 key members and their salaries (Lake Forest Graduate School Of Management's CEO's salary is $367,174 and their total compensation is $398,477):
- Compensation: $0
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- Other: $0
- Compensation: $367,174
- Related: $0
- Other: $31,303
- Compensation: $0
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- Other: $0
- Compensation: $3,400
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $75,650
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $16,800
- Related: $0
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- Compensation: $240,644
- Related: $0
- Other: $34,466
- Compensation: $224,777
- Related: $0
- Other: $32,306
- Compensation: $140,482
- Related: $0
- Other: $14,092
- Compensation: $133,814
- Related: $0
- Other: $21,922
- Compensation: $126,177
- Related: $0
- Other: $9,967
- Compensation: $120,563
- Related: $0
- Other: $26,617
- Compensation: $238,045
- Related: $0
- Other: $30,156
Official website here: www.lakeforestmba.edu
Where can I find the form 990 for Lake Forest Graduate School Of Management?
Lake Forest Graduate School Of Management's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeforestmba.edu
Learn more at the official website: www.lakeforestmba.edu
Mission Statement of Lake Forest Graduate School Of Management
Lake Forest Graduate School of Management is committed to bridging the gap between business education and real-world leadership development. With a faculty that boasts diverse perspectives and extensive practical experience, the institution aims to provide students with a dynamic connection to the corporate world. The school's unique approach to education combines traditional academic rigor with real-world applications, ensuring that students receive a hands-on education that is unparalleled in the industry.
By blending solid business theory with practical experience, Lake Forest Graduate School of Management equips its students with analytical skills that are honed through a combination of coursework and professional experiences. The school offers a comprehensive General MBA program, providing students with a broad knowledge base necessary for success in today's dynamic business environment. The faculty's interactive and personal teaching methods incorporate a wide range of teaching methodologies, fostering stimulating discussions on the issues and responsibilities facing management today.
In essence, Lake Forest Graduate School of Management's mission is to prepare its students for the challenges of the business world by providing them with a well-rounded education that is grounded in both theory and practice. The school's focus on real-world applications and its distinguished faculty set it apart from other business schools, making it an ideal choice for individuals seeking to develop their leadership skills and advance their careers in the corporate world.
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Impact
October, 2024
Lake Forest Graduate School of Management significantly impacts the field of business education and leadership development by providing a unique blend of traditional academic rigor and practical experience. Its mission focuses on bridging the gap between theory and practice, ensuring that students receive a relevant and hands-on education.
The faculty, comprised of seasoned practitioners, brings diverse perspectives from various industries, enriching the learning environment and enhancing students’ understanding of complex business scenarios. This real-world focus not only prepares students to meet the immediate demands of today’s business landscape but also fosters critical analytical skills that are essential for success.
By utilizing interactive teaching methodologies, the school encourages engaging discussions around contemporary management challenges, further enhancing the relevance and applicability of the curriculum. Ultimately, Lake Forest Graduate School of Management equips its students with the knowledge and skills necessary to thrive in diverse business environments, contributing positively to the professional landscape and community at large.
This information is meant to be a general summary of Lake Forest Graduate School Of Management. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $242,948
- Program Service Revenue: $7,423,917
- Gross Receipts: $8,050,027
Assets and Liabilities:
- Total Assets: $16,763,450
- Total Liabilities: $1,251,422
- Net Assets: $15,512,028
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MBA PROGRAM TUITION
Revenue
$4,497,723
NON-DEGREE BUSINESS PROGRAMS
Revenue
$2,926,194
Organization Details
Founding Year
1946
Phone
(847) 234-5005Main Address
1905 W Field Court, Lake Forest, IL, 60045
Website
www.lakeforestmba.eduNTEE Category
Code: B42 - Education
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