Overview

Sign up for

Est.

1857

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Lake Forest Academy is an independent college preparatory school focused on secondary education, operating with a budget of $30 million and generating total revenue of $38.1 million in the 2024 filing year. The organization does not rely on a single funder for 50% or more of its revenue, indicating a diverse funding base. More information about their programs and initiatives can be found on their website, 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
30
Median grant size
$8.8K
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.