Lake Forest Preservation Inc
- Assets
- $4.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Daphne, AL
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-5596731
Organization Overview
Lake Forest Preservation Inc is located in Daphne, AL. The organization was established in 2016. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, 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. Lake Forest Preservation 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 12/2022, Lake Forest Preservation Inc generated $100.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $96.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PRESERVE LAND, OPEN SPACE, TREES, PLANTS, AND NATURAL AREAS BY PROTECTING AREAS OF UNDEVELOPED LAND IN THE LAKE FOREST AREA FOR THE BENEFIT OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Gray President Tr | 0 | $0 | |
John Lake Secretary | 0 | $0 | |
Davida Williams Vice Preside | 0 | $0 | |
David Dueitt Director | 0 | $0 | |
Victoria Phelps Director | 0 | $0 | |
Matt Laws Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,600 |
| Total Program Service Revenue | $4,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,600 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $96,600 |
| Total expenses | $96,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,100 |
| Other assets | $0 |
| Total assets | $4,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,100 |