EIN 36-2216167

Lake Forest Academy (LFA)

IRS 501(c) type
501(c)(3)
Num. employees
205
Year formed
1857
Most recent tax filings
2020-06-01
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
$32,353,505
2020
Total expenses
$31,472,310
2020
Total assets
$104,282,622
2020
Num. employees
205
2020

Program areas at LFA

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 435 students from 13 states and 35 countries where 48% are boarders. Lfa operates as a boarding school with 69% 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 over 163 years, the Academy 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
The Raether Family Charitable TrustGeneral Purpose$100,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$89,500
Schwab Charitable FundEducation$58,050
...and 21 more grants received totalling $440,670

Personnel at LFA

NameTitleCompensation
Michael J ReidyChief Financial Officer$200,397
Robert BucklaVice President for Advancement$196,772
John StrudwickHead of School$479,370
Garry SloanPlanned and Major Gifts Officer / Director of Philanthropy$126,185
Claudia Wyatt-JohnsonDirector, Contracts and Negotiations Executive, Alight Solutions LCC
...and 10 more key personnel

Financials for LFA

RevenuesFYE 06/2020
Total grants, contributions, etc.$5,107,413
Program services$25,055,850
Investment income and dividends$847,103
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$32,842
Net gain from sale of non-inventory assets$364,621
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-335
Miscellaneous revenues$946,011
Total revenues$32,353,505

Form 990s for LFA

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-13990View PDF
2019-062021-01-21990View PDF
2018-062019-06-19990View PDF
2017-062018-03-14990View PDF
2016-062017-07-26990View PDF
...and 6 more Form 990s

Organizations like LFA

OrganizationLocationRevenue
Southwest Christian SchoolFort Worth, TX$22,152,848
Nichols School of BuffaloBuffalo, NY$19,092,147
Collegiate SchoolRichmond, VA$59,848,503
Holton-Arms SchoolBethesda, MD$38,420,148
Atlanta International School (AIS)Atlanta, GA$39,157,206
Lycee Francais de San FranciscoSan Francisco, CA$29,270,808
The Mccallie SchoolChattanooga, TN$52,962,478
Whitfield SchoolSaint Louis, MO$11,437,613
Vail Mountain SchoolVail, CO$14,232,296
Saint Anne's Episcopal School (SAES)Denver, CO$12,855,830
Data update history
July 22, 2022
Received grants
Identified 5 new grant, including a grant for $100,000 from The Raether Family Charitable Trust
July 9, 2022
Used new vendors
Identified 3 new vendors, including , , and
December 22, 2021
Updated personnel
Identified 14 new personnel
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
September 24, 2021
Received grants
Identified 7 new grant, including a grant for $30,000 from Jaros Family Foundation
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Fundraising eventsOperates internationallyEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersAuction fundraisersTax deductible donations
General information
Address
1500 West 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
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