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Preservation Foundation Of The Lake County Forest Preserves

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260285660 ✦ Libertyville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Preservation Foundation Of The Lake County Forest Preserves?

The Preservation Foundation of the Lake County Forest Preserves is a charitable, nonprofit organization based in Libertyville, Illinois, with a mission to enhance and expedite the work of the Lake County Forest Preserve District through private philanthropy. The foundation supports various initiatives, including restoring forest preserves to their natural state, improving public access, funding new exhibitions and programs, and preserving local history archives. Additionally, they provide free or reduced-cost educational programs throughout Lake County, such as the Green Youth Farm and Science Explorers in Nature programs for underprivileged communities. Their main objective is to raise funds and distribute them to benefit the Lake County Forest Preserve District, aiding it in achieving its mission of serving 3.5 million visitors annually.


Official website here: www.thepreservationfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%

The Preservation Foundation of the Lake County Forest Preserves has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, primarily due to its strong accountability and financial practices. With a perfect score of 100% in various governance metrics, the organization demonstrates a commitment to transparency and responsible management. This rating reflects the foundation's effective use of resources, ensuring that a significant portion of its budget is allocated directly to programs.

The foundation excels in maintaining an independent board, with all ten members being independent, alongside comprehensive policies such as conflict of interest and whistleblower protections. Its financial health is evident, with no material diversion of assets and an excellent liabilities to assets ratio, indicating a stable and well-managed organization. The program expense ratio stands at an impressive 98.16%, reaffirming its focus on fulfilling its mission through direct program expenditures.

While the data showcases the foundation's strengths, it also highlights the importance of continual monitoring and evaluation to maintain these high standards. Overall, this organization appears to be a reliable option for donors looking to support efforts in preserving local natural resources.


This AI summary has been generated from information found on Charity Navigator.

Is Preservation Foundation Of The Lake County Forest Preserves legitimate?

Preservation Foundation Of The Lake County Forest Preserves is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation Foundation Of The Lake County Forest Preserves 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thepreservationfoundation.org

What is the mission statement of Preservation Foundation Of The Lake County Forest Preserves?

The Preservation Foundation of the Lake County Forest Preserves is a non-profit organization established to support the mission of the Lake County Forest Preserve District through private philanthropy. Its charitable, literary, scientific, and educational purposes focus on receiving and administering funds, raising funds, and making distributions for the benefit of the forest preserve district. Specifically, the foundation provides funds that aid the district in acquiring and restoring lands, benefiting the 3.5 million visitors it serves. In essence, the foundation serves as a means for the community to partner in preserving and enhancing the natural resources and recreational opportunities offered by the forest preserve district.


Official website here: www.thepreservationfoundation.org

Who is the CEO of Preservation Foundation Of The Lake County Forest Preserves?

Erika Stergos is the President of Preservation Foundation Of The Lake County Forest Preserves.


Official website here: www.thepreservationfoundation.org

What is the revenue of Preservation Foundation Of The Lake County Forest Preserves?

Preservation Foundation Of The Lake County Forest Preserves's revenue in 2022 was $4,207,316.


Official website here: www.thepreservationfoundation.org

Who are the executives of Preservation Foundation Of The Lake County Forest Preserves and what are their salaries?

There 18 volunteers at Preservation Foundation Of The Lake County Forest Preserves.


Here are 19 key members and their salaries:


Nels R Leutwiler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Hough (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Michael Rummel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea S Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Bartels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter W Dalitsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Danks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Heier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen M Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kirby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Ty Kovach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelo Kyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Billy Mckinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pradip Sahu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Shears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Vincent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wasik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Stergos (Executive Director)
  • Compensation: $0
  • Related: $66,653
  • Other: $11,284


Official website here: www.thepreservationfoundation.org

Where can I find the form 990 for Preservation Foundation Of The Lake County Forest Preserves?

Preservation Foundation Of The Lake County Forest Preserves's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepreservationfoundation.org

Learn more at the official website: www.thepreservationfoundation.org

Mission Statement of Preservation Foundation Of The Lake County Forest Preserves

The Preservation Foundation of the Lake County Forest Preserves is a charitable organization, established with a mission to extend and accelerate the mission of the Lake County Forest Preserve District through private philanthropy. By partnering with the community, this foundation aims to provide meaningful ways to support the conservation efforts of the Lake County Forest Preserve District.

More specifically, the Preservation Foundation receives and administers funds, raises funds, and makes distributions to benefit the Lake County Forest Preserve District. These activities are geared towards helping the District accomplish its mission, such as acquiring and restoring lands to serve the 3.5 million visitors it caters to. In essence, the Preservation Foundation plays a crucial role in supporting the Lake County Forest Preserve District's vital work in preserving natural habitats and providing outdoor recreational spaces for the public.

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Impact




June, 2024

The Preservation Foundation of the Lake County Forest Preserves plays a crucial role in extending and accelerating the mission of the Lake County Forest Preserve District through private philanthropy. By providing grants and support, the Foundation helps restore forest preserves to their natural state, improve public access to and enjoyment of the preserves, and fund new exhibitions and programs. Additionally, it contributes to the cataloging and care of the Lake County history archives and offers free or significantly reduced-cost education programs throughout Lake County, benefitting initiatives such as the Green Youth Farm and Science Explorers in Nature programs for youth from low-income communities. Through its charitable, literary, scientific, and educational efforts, the Foundation significantly impacts the preservation and utilization of the Lake County forest preserves, benefiting the 3.5 million visitors served by the district.




This information is meant to be a general summary of Preservation Foundation Of The Lake County Forest Preserves. 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.

Revenue
$4,207,316 (2022)
Expenses
$437,749 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$130,692
  • Gross Receipts: $5,405,328

Assets and Liabilities:

  • Total Assets: $10,023,422
  • Total Liabilities: $0
  • Net Assets: $10,023,422

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Organization Details

Founding Year

2007

Principal Officer

Erika Stergos

Main Address

1899 W WINCHESTER ROAD, LIBERTYVILLE, IL, 60048

NTEE Category

Code: C193 - Environment

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