EIN 36-2216167

Lake Forest Academy (LFA)

IRS 501(c) type
501(c)(3)
Num. employees
212
Year formed
1857
Most recent tax filings
2024-06-01
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
$38,073,971
2024
Total expenses
$36,335,971
2024
Total assets
$139,215,832
2024
Num. employees
212
2024

Program areas at LFA

Lake Forest Academy "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 445 students from 19 states and 40 countries where 50% are boarders. Lfa operates as a boarding school with 72% 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.since 1857, lfa 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
National Philanthropic TrustEnvironment, Animals$471,000
National Philanthropic TrustEducation$366,500
DAFgiving360Education$268,300
...and 35 more grants received totalling $1,599,193

Financials for LFA

RevenuesFYE 06/2024
Total grants, contributions, etc.$4,752,119
Program services$28,655,394
Investment income and dividends$1,643,448
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$36,947
Net gain from sale of non-inventory assets$789,871
Net income from fundraising events$-70,538
Net income from gaming activities$0
Net income from sales of inventory$23,997
Miscellaneous revenues$2,242,733
Total revenues$38,073,971

Organizations like LFA

OrganizationLocationRevenue
Oaks Christian School (OCS)Westlake Village, CA$82,846,277
Girls Preparatory School (GPS)Chattanooga, TN$31,748,028
The Mccallie SchoolChattanooga, TN$64,219,726
Colorado Academy (CA)Denver, CO$54,265,353
St. Andrew's Episcopal School (SAES)Potomac, MD$43,050,089
Vail Mountain SchoolVail, CO$17,516,562
Darlington SchoolRome, GA$32,868,916
Silicon Valley International School (ISTP)Palo Alto, CA$34,720,104
Whitefield AcademyMableton, GA$37,616,219
The Collegiate SchoolRichmond, VA$64,097,210
Data update history
July 8, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 8, 2025
Updated personnel
Identified 10 new personnel
July 3, 2025
Received grants
Identified 2 new grant, including a grant for $50,000 from Thistle and Rose Foundation
June 30, 2025
Used new vendors
Identified 1 new vendor, including
April 24, 2025
Received grants
Identified 7 new grant, including a grant for $25,000 from Jaros Family Foundation
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Fundraising eventsOperates internationallyEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
1500 W 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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0256493
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-08-06
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