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Forest And Found

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

EIN: 464641481 ✦ Lake forest, IL ✦ Designated as a 501(c)(3)

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Overview

What is Forest And Found?

Forest And Found is a nonprofit organization situated in Lake Forest, Illinois, with a single employee. Their primary purpose is to contribute to charitable, religious, educational, scientific, and literary causes. They achieve this by making donations to organizations that fall under Section 501 (c) (3) of the Internal Revenue Code of 1986, primarily through the distribution of funds generated from their thrift store operations. The organization's charitable activities aim to support various sectors, contributing to the betterment of their community and beyond.


Official website here: www.forestandfound.com

Is Forest And Found legitimate?

Forest And Found is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest And Found 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: $76,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.forestandfound.com

What is the mission statement of Forest And Found?

Forest and Found is an organization with charitable, religious, educational, scientific, and literary purposes. It primarily achieves these objectives by making charitable distributions to qualifying organizations under Section 501 (c) (3) of the Internal Revenue Code, primarily through the distribution of net proceeds generated from thrift store operations. The organization's activities are focused on contributing to the betterment of various sectors, including the charitable, religious, educational, scientific, and literary communities, by providing financial support to eligible organizations.


Official website here: www.forestandfound.com

Who is the CEO of Forest And Found?

Diana Durkes is the President of Forest And Found.


Official website here: www.forestandfound.com

What is the revenue of Forest And Found?

Forest And Found's revenue in 2022 was $389,524.


Official website here: www.forestandfound.com

Who are the executives of Forest And Found and what are their salaries?

The average compensation at Forest And Found during 2022 was $76,000. There is 1 employee and 15 volunteers at Forest And Found.


Here are 8 key members and their salaries:


Diana Durkes (President)
  • Compensation: $76,000
  • Related: $0
  • Other: $0
Rich Foss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Leach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Arthur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Troxel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Foss (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Leach (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forestandfound.com

Where can I find the form 990 for Forest And Found?

Forest And Found's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.forestandfound.com

Learn more at the official website: www.forestandfound.com

Mission Statement of Forest And Found

Forest and Found is a nonprofit organization with a mission that is primarily focused on charity, religion, education, science, and literature. It seeks to achieve its objectives by making charitable contributions to other organizations that fall under Section 501(c)(3) of the Internal Revenue Code of 1986, or any future tax code equivalents. The primary means by which Forest and Found fulfills this mission is through the distribution of net proceeds generated from its thrift store operations. By doing so, the organization supports various charitable causes and contributes to the betterment of society in various capacities.

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Impact




October, 2024

Forest And Found has a significant impact on the community through its charitable initiatives, driven by the revenue generated from thrift store operations. By distributing net proceeds to support various organizations, it strengthens local services and addresses critical needs in education, science, and the arts. The organization promotes values of sustainability and community engagement by encouraging thrift shopping, which not only raises funds but also fosters a culture of reusing and recycling. Moreover, its focus on charitable distributions helps uplift marginalized groups, providing them with vital resources and support, thereby enhancing the overall quality of life in Lake Forest and beyond.




This information is meant to be a general summary of Forest And Found. 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
$389,524 (2022)
Expenses
$416,767 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $389,524

Assets and Liabilities:

  • Total Assets: $70,532
  • Total Liabilities: $1,263
  • Net Assets: $69,269

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Organization Details

Founding Year

2014

Principal Officer

Diana Durkes

Main Address

1363 N Western Avenue, Lake Forest, IL, 60045

NTEE Category

Code: P29 - Human services

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