Lake Forest High School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 151,633 | 192,992 | −41,359 | 18.4 | — |
| 2022 | 210,511 | 214,753 | −4,242 | 16.3 | 0% |
| 2023 | 172,567 | 160,063 | 12,504 | 22.8 | 0% |
| 2024 | 174,270 | 64,702 | 109,568 | 76.6 | 0% |
In its most recent public year (2024), this organization brought in $109,568 more than it spent. Its reserves stood at about 76.6 months of spending, up from 18.4 in 2021. Staff pay was 0% of spending. $69,636 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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