Lake Forest Academy
Lake Forest Academy
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About this organization
Mission
Educational program - independent college preparatory school.
About
LFA was established in 1857 as the boys' preparatory department of Lind University. The girls' preparatory department, Ferry Hall, was added in 1869. In 1925, LFA and Ferry Hall legally separated from the university to become secondary educational institutions. In 1974, the two schools merged into a co-educational independent school. Today's LFA is home to 434 students from 16 states and 33 countries where 49% are boarders. LFA operates as a boarding school with 69% of the faculty residing on campus. LFA's 150-acre campus is on the former estate of J. Ogden Armour and now consists of a complementary mix of historical and modern buildings. LFA's 2018 strategic plan, Midwestern Heart. Global Mind., focuses on developing global citizens through unique educational experiences within a diverse and caring community. The administration and faculty are focused on working within the four main initiatives - educational experience, multiculturalism, marketing, and financial strength. For over 161 years, the academy has stayed true to its core values of educating the innovative minds of the next generation. The institution and its people are poised to achieve higher levels of success and look enthusiastically toward a new chapter in LFA's history.
Interesting data from their 2019 990 filing
The filing clearly states the mission of the non-profit as “Lake forest academy strives to embody in its practices and to cultivate in its students excellence of character, scholarship, citizenship, and responsibility.”.
When outlining its functions, they were explained as: “Educational program - independent college preparatory school.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as IL.
- The filing records the non-profit's address for 2019 as 1500 WEST KENNEDY ROAD, LAKE FOREST, IL, 60045.
- As of 2019, the non-profit's form reports a total of 218 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,793,289.
- The organization has 34 independent voting members.
- The organization was formed in 1857.
- The organization pays $11,055,741 in salary, compensation, and benefits to its employees.
- The organization pays $1,883,069 in fundraising expenses.