Forest Bluff School Inc
- Assets
- $14.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 34
- Location
- Lake Bluff, IL
- Founding
- 09/1985
- Data as of
- 06/2023
- EIN
- 36-3188563
Organization Overview
Forest Bluff School Inc is located in Lake Bluff, IL. The organization was established in 1985. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Forest Bluff School Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Bluff School Inc 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 06/2023, Forest Bluff School Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 4.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE MONTESSORI BASED ELEMENTARY SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOREST BLUFF SCHOOL IS A PRIVATE, MONTESSORI BASED, SCHOOL SERVICING LAKE FOREST/LAKE BLUFF, ILLINOIS COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Earls Smyczek Head Of School | Officer | 0 | $110,000 |
Helen Lynn Jessen VP Secretary Admissions Dir | OfficerTrustee | 40 | $57,125 |
Margaret Jessen Kelley Vice President | Trustee | 20 | $31,430 |
Mark Ahern Director | Trustee | 0 | $0 |
Ned Jessen Director | Trustee | 0 | $0 |
Paula Lillard Treasurer | OfficerTrustee | 20 | $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 | $75,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,545 |
| Total Program Service Revenue | $2,192,431 |
| Investment income | $147,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $511,444 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,927,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,758 |
| 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. | $198,555 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,229,287 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $239,352 |
| Payroll taxes | $104,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,556 |
| Fees for services: Accounting | $5,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,343 |
| Fees for services: Other | $4,650 |
| Advertising and promotion | $13,810 |
| Office expenses | $10,194 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,240 |
| 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 | $98,093 |
| Insurance | $26,287 |
| All other expenses | $14,232 |
| Total functional expenses | $2,303,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,998,021 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,678 |
| Net Land, buildings, and equipment | $3,094,725 |
| Investments—publicly traded securities | $8,038,239 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,167,663 |
| Accounts payable and accrued expenses | $63,430 |
| Grants payable | $0 |
| Deferred revenue | $1,674,397 |
| 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 | $440,000 |
| Total liabilities | $2,177,827 |
| Net assets without donor restrictions | $5,320,318 |
| Net assets with donor restrictions | $6,669,518 |
| 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 | $14,167,663 |