The Foundation was established in 1960 to promote the education of lawyers and advance the science of jurisprudence. The Foundation is organized and operated exclusively for charitable purposes in accordance with section 501(c)(3) of the internal revenue code. More specifically, the Foundation is dedicated to supporting the charitable and educational purposes of the Lake County Bar association, as the charitable arm of that organization, as well as to assist in maintaining a physical space to accomplish these goals. Further, we are dedicated to the following purposes: to promote the administration of justice; to encourage increased competency and knowledge of the law; to promote greater diversity among the Bar and the judiciary; to enhance equal access to justice for all; to uphold the honor and dignity of the legal profession; to promote and preserve the history and culture of the legal profession in Lake County; and to support other allied section 501(c)(3) organizations that further

501(c)(3) charity; gifts are tax-deductible.
32¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $173K a year · 51% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
32%
of spending
Concern: 32% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
73 mo
of spending, in cash
Looks good: 72.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$233K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$497K
+56% vs prior year
Spent
$130K
To programs
32%
Net assets
$1.5M
By yearFY2021–FY2025
Revenue
$497K
FY2024▲ +56%
Tap a bar for its year
Revenue by fiscal year
FY2021$95K
FY2022$140K
FY2023$318K
FY2024$497K
FY2025$635K
Expenses
$130K
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2021$112K
FY2022$108K
FY2023$117K
FY2024$130K
FY2025$352K
Net assets
$1.5M
FY2024▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2021$955K
FY2022$966K
FY2023$1.2M
FY2024$1.5M
FY2025$2.0M

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

32 cents of each dollar spent went to programs.

Program services 32% · $42K Management & general 68% · $88K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lake County Bar Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes legal education, justice, and the study and dissemination of legal knowledge.

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Provided by the organization

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1 program · $42K · in their own filed words · FY2023
01

Grants and donations to third parties

$42Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 14 grants · $327K · 2020–2024
Depaul UniversityIL · FY2024$100,000
Casa Lake County INCIL · FY2024$10,000
Coalition LegalIL · FY2024$10,000
A Safe PlaceIL · FY2023$10,000
Art Impact Project NfpIL · FY2023$6,000
Art Impact Project NfpIL · FY2020$8,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$497K
Ln 12
Gifts and grantsLn 1h$398K
Other incomeLn 4–11$93K
Investment incomeLn 3$6K
Money outPt IX
$130K
Ln 25
Programscol B$42K
Managementcol C$88K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$786K
Total assetsLn 16$1.8M
LiabilitiesLn 26$233K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$398K
Investment incomeLn 3$6K
Other incomeLn 4–11$93K
Gains on assetsLn 7$949
Total revenueLn 12$497K
Assets in detailPt X, end of year
CashLn 1$786K
SavingsLn 2$0
Cash and savings togetherLn 1–2$786K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$955K
Other assetsLn 15$17K
Total assetsLn 16$1.8M
LiabilitiesLn 26$233K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$521K$786K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$996K$955K
Total assetsLn 16$1.5M$1.8M
LiabilitiesLn 26$387K$233K
Net assetsLn 32$1.2M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$36K$36K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$117$117
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$9K$9K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$5K$5K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$46K$46K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$25K$6K$19K
All other expensesLn 24e$0
Total functional expensesLn 25$130K$42K$88K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $635K$352K$283K$2.0M 990 PDF
FY2024 Viewing $497K$130K$367K$1.5M 990 PDF
FY2023 $318K$117K$201K$1.2M 990 PDF
FY2022 $140K$108K$31K$966K 990 PDF
FY2021 $95K$112K−$17K$955K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $497,206 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $227,535$398,227
I-9 Program service revenue$0
I-10 Investment incomePrior year −$389$6,237
I-11 Other revenuePrior year $91,238$92,742
I-12 Total revenuePrior year $318,384$497,206
I-13 Grants and similar amounts paidPrior year $23,000$36,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $94,009$94,046
I-18 Total expensesPrior year $117,009$130,046
I-19 Revenue less expensesPrior year $201,375$367,160
Part VI · Governance 20 of 20 board members independent, 1 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $497,206 across 8 lines filed
VIII-1f All other contributions, gifts and grants$398,227
VIII-1h Total contributions, gifts and grants$398,227
VIII-3 Investment incomeRelated to mission $5,288$5,288
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $78,587$78,587
VIII-7 Net gain or loss on sales of assetsExcluded from tax $949$949
VIII-8 Net income from fundraising events$14,155
VIII-12 Total revenueRelated to mission $83,875 · Excluded from tax $949$497,206
Part IX · Statement of functional expenses $130,046 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $36,000$36,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $5,606$5,606
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $117$117
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $8,963$8,963
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $4,791$4,791
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $46,178$46,178
IX-23 InsuranceManagement $3,833$3,833
IX-24 Other expenses (24a–d)Programs $5,865 · Management $18,693$24,558
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $41,865 · Management $88,181 · Fundraising $0$130,046
Part X · Balance sheet $1,765,698 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $521,021$786,462
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $17,000$7,000
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $3,490$0
X-10c Land, buildings and equipment, netStart of year $995,762$954,934
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $6,699$17,302
X-16 Total assetsStart of year $1,543,972$1,765,698
X-17 Accounts payable and accrued expenses$715
X-26 Total liabilitiesStart of year $387,357$233,189
X-27 Net assets without donor restrictionsStart of year $1,156,615$1,532,509
X-32 Total net assets or fund balancesStart of year $1,156,615$1,532,509
X-33 Total liabilities and net assetsStart of year $1,543,972$1,765,698
Part XI · Reconciliation of net assets $1,532,509 net assets at year end
XI-1 Total revenue$497,206
XI-2 Total expenses$130,046
XI-3 Revenue less expenses$367,160
XI-4 Net assets at start of year$1,156,615
XI-5 Net unrealized gains (losses) on investments$1,716
XI-9 Other changes in net assets$7,018
XI-10 Net assets at end of year$1,532,509

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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