Friends Of Lake Forest Parks And Recreation

Organization Overview

Friends Of Lake Forest Parks And Recreation is located in Lake Forest, IL. The organization was established in 2001. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Lake Forest Parks And Recreation 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 09/2021, Friends Of Lake Forest Parks And Recreation generated $433.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $731.3k during the year ending 09/2021. While expenses have increased by 25.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT PROGRAMS AND FACILITIES OF THE LAKE FOREST PARKS AND RECREATION DEPARTMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FUND CONSTRUCTION FOR THE DEERPATH GOLF COURSE RENOVATION PROJECT.


TO PROVIDE OPERATING EXPENSE ASSISTANCE TO THE LAKE FOREST PARKS AND RECREATION DEPARTMENT FOR ITS WILDLIFE DISCOVERY CENTER.


TO PURCHASE SAILBOATS AND PROVIDE FINANCIAL SUPPORT TO THE LAKE FOREST PARKS AND RECREATION DEPARTMENT FOR ITS SAILING PROGRAM.


TO PROVIDE PROGRAM SUPPLIES FOR THE KINDERHAVEN PRE-SCHOOL, TO PROVIDE SCHOLARSHIP ASSISTANCE TO THE LAKE FOREST PARKS AND RECREATION DEPARTMENT PARTICIPANTS AND MAINTENANCE PROJECTS FOR ELAWA COTTAGE.


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Board, Officers & Key Employees

Name (title)Compensation
Nicole Fabiano Oertel
Vice President
$0
Bill Gundlach
Treasurer
$0
Jaclyn Greca
President
$0
Shawn Trevino
Secretary
$0
Steve Malin
Director
$0
Rick Amos
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$126,250
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$479,352
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$605,602
Total Program Service Revenue$0
Investment income $82
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$172,592
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $433,092

Grants Awarded

Over the last fiscal year, Friends Of Lake Forest Parks And Recreation has awarded $167,026 in support to 3 organizations.

Grant RecipientAmount

LAKE FOREST PARKS AND RECREATION DEPARTMENT

PURPOSE: OPERATING SUPPORT FOR VARIOUS PROGRAMS OF THE LAKE FOREST PARKS AND REC. DEP

$128,615

ELAWA FARM FOUNDATION

Org PageRecipient Profile

Lake Forest, IL

PURPOSE: OPERATING SUPPORT

$36,411

BERNARD P FLORIANI FOUNDATION

Org PageRecipient Profile

Lake Bluff, IL

PURPOSE: GENERAL OPERATING SUPPORT

$2,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of Lake Forest Parks And Recreation has recieved totaling $15,000.

Awarding OrganizationAmount
Wadsworth Golf Charities Foundation

Plainfield, IL

PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES.

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$884,208
Net Contributions$486,305
Other Expense$762,999
Ending Balance$607,514

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