LAKE FOREST FOUNDATION FOR HISTORIC PRESERVATION Charity Report

Public IRS 990 nonprofit record

LAKE FOREST FOUNDATION FOR HISTORIC PRESERVATION

EIN 36-2887911 · Historical Societies & Historic Preservation (A82)

What they do

THE LAKE FOREST PRESERVATION FOUNDATION is DEDICATED to THE PRESERVATION of THE HISTORIC VISUAL CHARACTER of LAKE FOREST, ILLINOIS THROUGH EDUCATION, ADVOCACY and FUNDING ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

114.35%of revenue went to mission work93.6% of expenses · Program services

$95.66spent for every $100 of revenueRevenue covered expenses this year.

7.84%of revenue went to management and office costs6.4% of expenses

$1.44in assets for every $1 spent this yearSome assets cannot be spent right away.

74.8%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $46,965 for JENNIFER MCGREGOR (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$151,734

Mission workProgram services$173,506114.35% of revenue93.6% of expenses

ManagementOffice and general costs$11,8947.84% of revenue6.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$185,400122.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 122.19% of revenue

2023Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 81.15% of revenue

2022Expense mix: 95.3% mission · 4.7% management · 0.0% fundraisingTotal expenses: 108.21% of revenue

2021Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 84.24% of revenue

2020Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 91.62% of revenue

2019Expense mix: 93.2% mission · 6.5% management · 0.3% fundraisingTotal expenses: 81.98% of revenue

2018Expense mix: 94.6% mission · 4.4% management · 1.0% fundraisingTotal expenses: 130.74% of revenue

2017Expense mix: 94.0% mission · 4.5% management · 1.5% fundraisingTotal expenses: 90.84% of revenue

Money in and money out

Revenue$193,817

Expenses$185,400

Annual surplus $8,417 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$173,506 · 93.6% of expenses

Management and office costs$11,894 · 6.4% of expenses

See all reported dollar amounts

Revenue$193,817

Expenses$185,400

Assets$266,846

Income$193,817

Contributions$144,922

Mission work (program services)$173,506

Management and general$11,894

Executive compensation (total)$55,447

Accounting fees$2,920

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER MCGREGOREXECUTIVE DIRECTOR $46,965

MARCY KERREXECUTIVE DIRECTOR $37,474

SUSAN BANKSOFFICE ASSISTANT $13,109

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

JENNIFER MCGREGOREXECUTIVE DIRECTOR

MARCY KERREXECUTIVE DIRECTOR

SUSAN BANKSOFFICE ASSISTANT

RAY BUSCHMANNVP ADVOCACY

MICHELLE CURRYFORMER SECRETARY

NADINE SHEPARDVP PROGRAMS

NICOLE CURCIODIRECTOR

PATTI POTHDIRECTOR

PAULINE MOHRDIRECTOR

PERRY GEORGOPOULOSDIRECTOR

PETER OMALLEYDIRECTOR

TREY GONZALESDIRECTOR

SHIRLEY PADDOCKDIRECTOR

STEVE BEDRINDIRECTOR

SUSAN ATHENSONIMMEDIATE PAST PRESIDENT

SUSANNAH SULLIVANDIRECTOR

TIM KNIGHTTREASURER

TOM GLEASONVP PROGRAMS

ARTHUR MILLERVP COMMUNICATIONS

JENNIFER KARRASDIRECTOR

BRIAN NORTONPRESIDENT

CRAIG FOXDIRECTOR

DAWN KIMBRELDIRECTOR

GINA ZISOOKDIRECTOR

HENRY KLEEMANDIRECTOR

JAMES SHEARRONDIRECTOR

JAN GIBSONVP DEVELOPMENT

JASON SMITHDIRECTOR

MAX LYNCHDIRECTOR

JIM OPSITNIKDIRECTOR

JOHN DIEFENBACHDIRECTOR

JOHN JULIANDIRECTOR

KARLA SCHWARTZVP COMMUNICATIONS

KELSEY KLEINERTDIRECTOR

LAURA LUCEVP ADVOCACY

LINDA SHIELDSDIRECTOR

About this charity

Recognized since: January 1977
Location: 400 E ILLINOIS RD, LAKE FOREST, IL 60045-2355
County: Lake
In care of: % TIMOTHY KNIGHT
Primary officer: TIMOTHY KNIGHT, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@lfpf.org Phone(847) 295-0671

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: ARCC CONSULTING CORP
NTEE classification: Historical Societies & Historic Preservation (A82)
IRS tax category: Historical Societies & Historic Preservation