The Lawn Institute Foundation
- Assets
- $1.1m
- Revenue
- $201.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lombard, IL
- Founding
- 01/1994
- Data as of
- 12/2021
- EIN
- 36-3892659
Organization Overview
The Lawn Institute Foundation is located in Lombard, IL. The organization was established in 1994. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawn Institute Foundation 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 12/2021, Lawn Institute Foundation generated $201.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $262.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCTING EDUCATION AND RESEARCH OF SOD PRODUCTION, MONITORING, INTERPRETING AND REPORTING ON THE LATEST ADVANCES IN TURFGRASS RESEARCH, LANDSCAPE HORTICULTURE AND AGRONOMIC SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - CONFERENCES AND EDUCATIONAL EVENTS ON SOD PRODUCTION AND THE TURFGRASS INDUSTRY.
RESEARCH - RESEARCH ACTIVITIES RELATING TO THE LATEST ADVANCES IN TURFGRASS AND SOD PRODUCTION, LANDSCAPE HORTICULTURE AND AGRONOMIC SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Griffin President | OfficerTrustee | 3 | $0 |
James Keeven Vice President | OfficerTrustee | 3 | $0 |
Bob Mccurdy Secretary/treasurer | OfficerTrustee | 3 | $0 |
Hank Kerfoot Past President | OfficerTrustee | 3 | $0 |
Casey Reynolds Executive Director | Officer | 40 | $0 |
John Keleher Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,763 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,227 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,990 |
| Total Program Service Revenue | $0 |
| Investment income | $44,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $81,720 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,833 |
| Grants and other assistance to domestic individuals. | $15,640 |
| 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 | $10,000 |
| 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 | $10,732 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50 |
| Office expenses | $0 |
| Information technology | $13,459 |
| 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 | $14,275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $262,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,704 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,024,229 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,850 |
| Total assets | $1,108,783 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,108,783 |
| Net assets with donor restrictions | $0 |
| 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 | $1,108,783 |
Grants Awarded
Over the last fiscal year, The Lawn Institute Foundation has awarded $33,833 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS A&M UNIVERSITY PURPOSE: RESEARCH | $20,000 |
West Lafayette, IN PURPOSE: RESEARCH | $13,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Soybean Alliance Inc Indianapolis, IN | $22,987,497 | $12,342,282 |
Leonard Wood Institute Inc Fort Leonard Wood, MO | $592,989 | $2,983,939 |
Society Of Tribologists & Lubrication Engineers Park Ridge, IL | $4,873,224 | $2,939,848 |
Lake Michigan Air Director Corsortium Hillside, IL | $327,093 | $1,851,632 |
American Meat Science Association Kearney, MO | $3,721,106 | $1,822,299 |
Fox-Wolf Watershed Alliance Inc Appleton, WI | $800,245 | $1,535,506 |
Iowa Association Of Soil Conservation District Commission Des Moines, IA | $294,043 | $1,193,352 |
Kentucky Dataseam Initiative Inc Louisville, KY | $783,269 | $732,080 |
Council For Agricultural Science And Technology Ames, IA | $1,145,971 | $794,483 |
National Association Of Rocketry Marion, IA | $328,509 | $639,191 |
American Society Of Andrology East Dundee, IL | $1,585,027 | $299,034 |
Association For Chemoreception Sciences Glenview, IL | $420,190 | $324,574 |