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Lake Forest Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362216167 ✦ Lake forest, IL ✦ Designated as a 501(c)(3)

Overview

What is Lake Forest Academy?

Lake Forest Academy (LFA), established in 1857, is a co-educational independent school located in Lake Forest, Illinois. With a campus spread over 150 acres, LFA was initially the Boys' Preparatory Department of Lind University, and the Girls' Preparatory Department, Ferry Hall, was added in 1869. The two institutions legally separated from the university in 1925 and merged back in 1974. Today, LFA has 435 students hailing from 15 states and 35 countries, with 70% of the faculty residing on campus. LFA's student body consists of 47% boarders. The historical and modern buildings on the campus were once part of the J. Ogden Armour estate. LFA's 2019 strategic plan, "Midwestern Heart. Global Mind," focuses on developing global citizens through unique educational experiences within a diverse and caring community. The administration and faculty are dedicated to excellence through the initiatives of educational experience, multiculturalism, marketing, and financial strength. For over 165 years, LFA has adhered to its core values of educating the innovative minds of the next generation. The institution is poised to achieve greater success and looks forward to a new chapter in its rich history.


Official website here: www.lfanet.org

Is Lake Forest Academy legitimate?

Lake Forest Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Forest Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,477,301
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,463,435

For more financial information, click here


Official website here: www.lfanet.org

What is the mission statement of Lake Forest Academy?

Lake Forest Academy is dedicated to fostering excellence in its practices and students, promoting character, scholarship, citizenship, and responsibility. Founded in 1857 as the Boys' Preparatory Department of Lind University, the school later added the Girls' Preparatory Department, Ferry Hall, in 1869. In 1925, the two institutions legally separated from the university to become independent secondary educational institutions. Today, Lake Forest Academy serves 435 students from 15 states and 35 countries, 70% of whom are boarders. The school's mission, as outlined in its 2019 strategic plan, "Midwestern Heart. Global Mind," emphasizes the development of global citizens through unique educational experiences within a diverse and caring community. The administration and faculty work towards achieving success through the four main initiatives: educational experience, multiculturalism, marketing, and financial strength. For over a century and a half, Lake Forest Academy has remained committed to educating the innovative minds of the next generation.


Official website here: www.lfanet.org

Who is the CEO of Lake Forest Academy?

Chris Tennyson is the Principal Officer of Lake Forest Academy.


Official website here: www.lfanet.org

What is the revenue of Lake Forest Academy?

Lake Forest Academy's revenue in 2022 was $34,795,522.


Official website here: www.lfanet.org

Who are the executives of Lake Forest Academy and what are their salaries?

The average compensation at Lake Forest Academy during 2022 was $48,843. There are 224 employees and 312 volunteers at Lake Forest Academy.

Here are 43 key members and their salaries:

    Jose M De Jesus (Head Of School)
  • Compensation: $547,109
  • Related: $0
  • Other: $77,996

    • John Strudwick (Former Head Of School)
  • Compensation: $549,219
  • Related: $0
  • Other: $0

    • Michael J Reidy (Chief Financial Officer)
  • Compensation: $221,450
  • Related: $0
  • Other: $46,423

    • Robert J Buckla (Vp For Advancement)
  • Compensation: $207,294
  • Related: $0
  • Other: $34,358

    • Christopher O Tennyson (Assistant Head Of School)
  • Compensation: $168,615
  • Related: $0
  • Other: $33,877

    • Patrick Finnessy (English Department Chair)
  • Compensation: $155,953
  • Related: $0
  • Other: $25,605

    • Garry Sloan (Planned & Major Gifts Officer)
  • Compensation: $143,425
  • Related: $0
  • Other: $36,956

    • Darrin Madeley (Athletic Director)
  • Compensation: $156,903
  • Related: $0
  • Other: $22,033

    • Jotham Thomas Johnson (Dean Of Faculty)
  • Compensation: $123,820
  • Related: $0
  • Other: $35,472

    • Christopher Kozlov (Director Of It)
  • Compensation: $123,600
  • Related: $0
  • Other: $30,202

    • John S Marlatt (Chair / Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica P Douglas (Vice Chair / Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Zhao (Secretary / Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles T Cooper (Treasurer / Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd E Altounian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce W Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Barros (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Pearson Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick J Carroll (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Patrick Corsiglia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim C Cowart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ahmed Farag (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Fink (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory P Glass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Haji L Glover (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria W Harper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duane C Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ned Jessen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott W Kaeser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allan M Kaplan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas B Kelley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Kovas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rumi Kuli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Meloun (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bethann Moritz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bancroft O'Quinn Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Gray Pollock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tatyana I Pramatarova (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Sammon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramona Sequeira (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amish S Shah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marianne Silver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Xiong Yin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lfanet.org

    Where can I find the form 990 for Lake Forest Academy?

    The Lake Forest Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lfanet.org

    Learn more at the official website: www.lfanet.org

    Mission Statement of Lake Forest Academy

    Lake Forest Academy, a prestigious educational institution established in 1857, is renowned for its commitment to nurturing well-rounded students with excellent character, scholarship, citizenship, and responsibility. This independent college preparatory school, home to 435 students from diverse backgrounds, has a rich history spanning over 165 years.

    Originally part of Lind University, Lake Forest Academy began as the Boys' Preparatory Department, with the Girls' Preparatory Department, Ferry Hall, added in 1869. In 1925, the two schools legally separated from the university to become independent educational institutions. Merging into a co-educational school in 1974, today's Lake Forest Academy remains dedicated to its core values, offering both day and boarding programs.

    Situated on a 150-acre campus, Lake Forest Academy is proud of its unique blend of historical and modern buildings, providing a dynamic learning environment. The institution's 2019 strategic plan, "Midwestern Heart. Global Mind.", emphasizes its focus on developing global citizens through distinctive educational experiences within a diverse and caring community. The administration and faculty are dedicated to the four main initiatives: educational experience, multiculturalism, marketing, and financial strength.

    To summarize, Lake Forest Academy, founded in 1857, is an esteemed independent college preparatory school devoted to fostering students with strong character, academic excellence, and a sense of responsibility. With a rich history spanning over 165 years and a focus on global citizenship, the school continues to uphold its core values while cultivating innovative minds for the future.

    Impact

    This information is meant to be a general summary of Lake Forest Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lake Forest Academy's impact can be seen in its commitment to developing global citizens through unique educational experiences within a diverse and caring community. The school's focus on excellence of character, scholarship, citizenship, and responsibility is evident in its mission to educate the innovative minds of the next generation. With a rich history spanning 165 years, Lake Forest Academy continues to uphold its core values while looking towards achieving higher levels of success. This independent college preparatory school in Lake Forest, IL, serves as a beacon for fostering a culture of academic excellence and global awareness among its students from diverse backgrounds.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,761,660
  • Program Service Revenue: $25,571,760
  • Gross Receipts: $55,184,401

    • Assets and Liabilities:
  • Total Assets: $113,447,241
  • Total Liabilities: $38,146,433
  • Net Assets: $75,300,808
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION

    Revenue

    $24,331,987

    FACILITY RENTAL

    Revenue

    $1,129,515

    ACADEMIC FEES & SALES

    Revenue

    $80,318

    STUDENT FEES

    Revenue

    $29,940

    Organization Details

    Founding Year

    1857

    Principal Officer

    Chris Tennyson

    Main Address

    1500 WEST KENNEDY ROAD, LAKE FOREST, IL, 60045

    NTEE Category

    Code: B250 - Education

    If you are a representative of Lake Forest Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.