Lake Forest Police Foundation
- Assets
- $90.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 01/2015
- Data as of
- 12/2021
- 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 12/2021, Lake Forest Police Foundation generated $100.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $92.0k during the year ending 12/2021. While expenses have increased by 9.5% 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 |
|---|---|---|---|
Bob Shaw Secretary | 0.1 | $0 | |
Steven Esposito Vice President | 0.1 | $0 | |
John Ormsby Treasurer | 0.1 | $0 | |
Mark Bischoff Director | 0.1 | $0 | |
Matt Nagel Director | 0.1 | $0 | |
Rick Price President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,668 |
| 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 | $100,668 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,573 |
| Other expenses | $30,034 |
| Total expenses | $91,993 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,697 |
| Other assets | $0 |
| Total assets | $90,697 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,697 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Lake Forest Police Foundation has recieved totaling $12,700.
| Awarding Organization | Amount |
|---|---|
Negaunee Foundation Ltd Northbrook, IL PURPOSE: UNRESTRICTED USE | $5,000 |
Lee Family Foundation Lake Bluff, IL PURPOSE: UNRESTRICTED | $3,000 |
Red Bird Hollow Foundation Lake Forest, IL PURPOSE: CHARITABLE | $2,000 |
Roger And Susan Stone Family Foundation Northbrook, IL PURPOSE: CHARITABLE | $1,000 |
Mary And Ralph Gesualdo Family Foundation Lake Forest, IL PURPOSE: TO ACCOMPLISH THE ORGANIZATION'S ACTIVITIES | $1,000 |
John J Dugan Charitable Foundation Chicago, IL PURPOSE: BUILDING A STRONG POLICE AND COMMUNITY PARTNERSHIP. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Bar Foundation Indianapolis, IN | $10,665,424 | $4,352,887 |
Law Enforcement Foundation Of Barron County Inc Rice Lake, WI | $1,585,900 | $1,547,435 |
Fund For Justice Chicago, IL | $192,097 | $497,287 |
Indianapolis Bar Foundation Inc Indianapolis, IN | $2,449,471 | $447,937 |
Louisville Bar Foundation Inc Endowment Fund Louisville, KY | $4,044,215 | $351,983 |
Iowa State Bar Foundation Des Moines, IA | $2,448,599 | $367,026 |
Lake Forest Police Foundation Lake Forest, IL | $90,697 | $0 |
We Back The Badge Inc Salem, WI | $10,148 | $0 |
Joseph F Bronge Iii Memorial Foundation Inc Addison, IL | $0 | $26,672 |
Allen County Bar Foundation Inc Fort Wayne, IN | $325,134 | $0 |
Scandinavian American Police And Fire Association Chicago, IL | $7,394 | $0 |
Dri Foundation Inc Chicago, IL | $23,654 | $0 |