Preservation Foundation Of The Lakecounty Forest Preserves
- Assets
- $8.9m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Libertyville, IL
- Founding
- Data as of
- 12/2023
- EIN
- 26-0285660
Organization Overview
Preservation Foundation Of The Lakecounty Forest Preserves is located in Libertyville, IL. According to its NTEE Classification (C19) the organization is classified as: Support N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation Foundation Of The Lakecounty Forest Preserves is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Preservation Foundation Of The Lakecounty Forest Preserves generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $4.6m during the year ending 12/2023. While expenses have increased by 19.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Preservation Foundation Of The Lakecounty Forest Preserves has awarded 15 individual grants totaling $6,882,634. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRESERVATION FOUNDATION OF THE LAKE COUNTY FOREST PERSERVERS, A NONPROFIT 501(C)(3) ORGANIZATION, WAS FOUNDTED TO PROVIDE MEANINGFUL WAYS FOR THE COMMUNITY TO PARTNER IN THE MISSION OF THE LAKE COUNTY FOREST PRESERVE DISTRICT. THE PRESERVATION FOUNDATION'S PURPOSES ARE CHARITABLE, LITERARY, SCIENTIFIC, AND EDUCATIONAL WITHIN THE MEANING OF THE CODE SECTION 501(C)(3). MORE SPECIFICALLY, THE PRESERVATION FOUNDATION SHALL WITHIN THESE PURPOSES RECEIVE AND ADMINISTER FUNDS, RAISE FUNDS, AND MAKE DISTRIBUTIONS TO OR FOR THE BENEFIT OF THE LAKE COUNTY FOREST PRESERVE DISTRICT. THE PRESERVATION FOUNDATION PROVIDES FUNDS THAT HELP THE DISTRICT ACCOMPLISH ITS MISSION, HELPING TO ACQUIRE AND RESTORE ITS LANDS FOR THE 3.5 MILLION VISITORS IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMONG OTHER INITIATIVES, GRANTS TO THE DISTRICT HELP RESTORE FOREST PRESERVES TO THEIR NATURAL STATE; IMPROVE PUBLIC ACCESS TO AND ENJOYMENT OF PRESERVES; SUPPORT NEW EXHIBITIONS AND PROGRAMS AT THE BESS BOWER DUNN MUSEUM, RYERSON WOODS WELCOME CENTER, AND INDEPENDENCE GROVE; CATALOGING AND CARE OF THE LAKE COUNTY HISTORY ARCHIVES; AND PROVIDE FREE OR SIGNIFICANTLY REDUCE-COST EDUCATION PROGRAMS THROUGHOUT LAKE COUNTY, SUCH AS THE SCIENCE EXPLORERS IN NATURE PROGRAMS FOR YOUTH FROM LOW-INCOME COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Bartels Director | Trustee | 1 | $0 |
Walter Dalitsch Director | Trustee | 1 | $0 |
Andrea Danks Director | Trustee | 1 | $0 |
Chris Heier Director | Trustee | 1 | $0 |
Elizabeth Hough Vice Preside | OfficerTrustee | 2 | $0 |
Karen Hunter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,843,672 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,843,672 |
| Total Program Service Revenue | $0 |
| Investment income | $482,491 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,326,253 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,399,418 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,513 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,634,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,533,076 |
| Pledges and grants receivable | $1,003,545 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $17,514 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,384,624 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,938,759 |
| Accounts payable and accrued expenses | $222,875 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $842 |
| Total liabilities | $223,717 |
| Net assets without donor restrictions | $8,451,934 |
| Net assets with donor restrictions | $263,108 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,938,759 |
Grants Awarded
Over the last fiscal year, Preservation Foundation Of The Lakecounty Forest Preserves has awarded $4,399,418 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LAKE COUNTY FOREST PRESERVE DISTRIC | | | $2,359,781 |
LAKE COUNTY FOREST PRESERVE DISTRIC | | | $1,445,808 |
LAKE COUNTY FOREST PRESERVE DISTRIC | | | $422,322 |
COLLEGE OF LAKE COUNTY FOUNDATION | | | $96,507 |
FRIENDS OF THE FOREST PRESERVES | | | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lueaster T Mertz Legacy Tr For The New York Botanical Garden Chicago, IL | $15,967,860 | $217,557 |
Preservation Foundation Of The Lakecounty Forest Preserves Libertyville, IL | $8,938,759 | $3,326,253 |
Brushwood Center At Ryerson Woods Deerfield, IL | $3,218,685 | $2,489,118 |
Eci Economic Development Alliance Inc Muncie, IN | $214,863 | $250,000 |
Green Era Educational Nfp Chicago, IL | $7,561,231 | $2,288,971 |
Manitowish Waters Lakes Association Inc Manitowish Waters, WI | $476,773 | $0 |
Global Water Works Libertyville, IL | $879 | $0 |
Wedel Oak Woods Foundation Inc Madison, WI | $1,735,907 | $33,684 |
Community Conservation Legacy Fund Inc Viroqua, WI | $2,792 | $0 |