LAKE FOREST ACADEMY

LAKE FOREST ACADEMY

LAKE FOREST, IL, US
501(c)(3)
EIN
36-2216167
School

LAKE FOREST ACADEMY

LAKE FOREST, IL, US
501(c)(3)
EIN
36-2216167
School

Overview

Sign up for

Est.

1857

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
Was this helpful?

Lake Forest Academy, an independent college preparatory school focused on secondary education, operates with a substantial financial scale, boasting an operating budget of $30 million and total revenue of $38.1 million for the 2024 filing year. The organization does not appear to rely on a single funder for 50% or more of its revenue, indicating a diverse funding base. More information about its programs and initiatives can be found on its website at www.lfanet.org.

Mission Statement

EDUCATIONAL PROGRAM - INDEPENDENT COLLEGE PREPARATORY SCHOOL.
Revenues

$38.1M

Expenses

$36.3M

Net Income:
+$1.7M
Assets

$139.2M

Liabilities

$52.7M

Net Assets:
+$86.5M
Operating Budget

$30M

Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants

26

Median grant size
$10K
Largest grant received
$471K
A
Allan M Kaplan
Board Member
E
Edward Kovas
Board Member
E
Emily Sammon
Board Member

Frequently Asked Questions

What is LAKE FOREST ACADEMY’s budget?
In 2024, LAKE FOREST ACADEMY reported an annual operating budget of around $30 million. More detailed financial information is available to registered users.
What causes does LAKE FOREST ACADEMY support?
LAKE FOREST ACADEMY supports work in Secondary education.
Where does LAKE FOREST ACADEMY operate?
LAKE FOREST ACADEMY is headquartered in LAKE FOREST, IL.
Who funded LAKE FOREST ACADEMY recently?
In 2025, LAKE FOREST ACADEMY received grants from AMERICAN ONLINE GIVING FOUNDATION INC, GAO AND OUYANG FOUNDATION, and NATIONAL PHILANTHROPIC TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant LAKE FOREST ACADEMY received in 2024?
The largest grant to LAKE FOREST ACADEMY in 2024 exceeds $471 thousand.
Overview
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)