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Lake Forest Land Foundation

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

EIN: 363605404 ✦ Lake forest, IL ✦ Designated as a 501(c)(3)

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Overview

What is Lake Forest Land Foundation?

The Lake Forest Land Foundation is a nonprofit organization dedicated to the preservation of environmentally sensitive lands. Established with a focus on land resources conservation, this organization aims to protect and maintain these areas, ensuring their long-term preservation for future generations. By prioritizing the conservation of land, the Lake Forest Land Foundation contributes significantly to the preservation of the environment and the promotion of biodiversity.

What are the reviews and ratings of this charity?

79% rating from Charity Navigator indicates that Lake Forest Land Foundation has received a Three-Star out of Four Star rating, reflecting a solid performance in accountability and finance. The score is derived solely from the Accountability & Finance beacon, where it performed well overall, demonstrating strong governance practices and transparency.

The organization boasts a fully independent board, with all 10 members meeting the criteria for independence, and it has implemented essential policies including conflict of interest and whistleblower protections. Additionally, it achieves an impressive program expense ratio of 100%, indicating that all its expenditures are directed towards its programs.

However, the foundation faces a challenge with its liabilities to assets ratio, which stands at 91.17%, resulting in a score of zero for this component. While the overall financial accountability is commendable, this high ratio may raise concerns about financial stability or asset management in the long term.


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

Is Lake Forest Land Foundation legitimate?

Lake Forest Land Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Forest Land Foundation 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

What is the mission statement of Lake Forest Land Foundation?

The Lake Forest Land Foundation is dedicated to preserving environmentally sensitive areas, with a focus on conserving land resources. Their mission is to safeguard these delicate environments, contributing significantly to the protection of the natural world. The organization primarily concentrates its efforts on land resources conservation.

Who is the CEO of Lake Forest Land Foundation?

Mark Ahern is the Chairman of Lake Forest Land Foundation.

What is the revenue of Lake Forest Land Foundation?

Lake Forest Land Foundation's revenue in 2023 was $3,660.

Who are the executives of Lake Forest Land Foundation and what are their salaries?

There 9 volunteers at Lake Forest Land Foundation.


Here are 9 key members and their salaries:


Mark Ahern (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Covington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Dick (Vice Chairman & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Baer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Clemens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Christy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sentell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Forest Land Foundation?

Lake Forest Land Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Forest Land Foundation

The Lake Forest Land Foundation, a nonprofit organization, is dedicated to the preservation of environmentally sensitive land. With a focus on land resources conservation, this organization aims to safeguard areas that are vital to the health and well-being of the environment. By carrying out this mission, the Lake Forest Land Foundation plays a crucial role in ensuring the preservation of our planet's delicate ecosystems.

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Impact




June, 2024

The Lake Forest Land Foundation's impact lies in its preservation of environmentally sensitive land. This nonprofit organization in Lake Forest, Illinois, is dedicated to conserving land resources with the specific mission of protecting ecologically important areas. Through its focused efforts on land conservation, the Lake Forest Land Foundation contributes to safeguarding the natural environment and promoting sustainability.




This information is meant to be a general summary of Lake Forest Land Foundation. 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
$3,660 (2023)
Expenses
$525,145 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $510
  • Gross Receipts: $3,660

Assets and Liabilities:

  • Total Assets: $505,463
  • Total Liabilities: $460,864
  • Net Assets: $44,599

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Organization Details

Founding Year

1987

Principal Officer

Mark Ahern

Main Address

350 NORTH WAUKEGAN ROAD, LAKE FOREST, IL, 60045

NTEE Category

Code: C340 - Environment

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