Lake Forest Police Foundation
- Assets
- $134.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 47-1483308
Organization Overview
Lake Forest Police Foundation is located in Lake Forest, IL. The organization was established in 2015. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Forest Police 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 12/2022, Lake Forest Police Foundation generated $125.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $82.0k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Price President | 0.1 | $0 | |
Steven Esposito Vice President | 0.1 | $0 | |
Bob Shaw Secretary | 0.1 | $0 | |
John Ormsby Treasurer | 0.1 | $0 | |
Mark Bischoff Director | 0.1 | $0 | |
Matt Nagel Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,495 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,495 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $24,748 |
| Other expenses | $35,919 |
| Total expenses | $81,988 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,204 |
| Other assets | $0 |
| Total assets | $134,204 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,204 |