Financial Information for Lake Forest Academy

Lake Forest Academy's annual revenue was $48.6M in tax year 2024, reported on their IRS Form 990. They spent $39.2M in total expenses. 73% went to programs and services.

Financial Breakdown

What is Lake Forest Academy's total annual expenses?

Lake Forest Academy spent $39.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Lake Forest Academy's budget goes to programs?

Lake Forest Academy spent $28.6M (73% of expenses) on programs and services in tax year 2024.

How much does Lake Forest Academy spend on overhead?

Lake Forest Academy's overhead in tax year 2024 includes administrative (22%) and fundraising (5%) of their expenses.

What is Lake Forest Academy's net worth?

Lake Forest Academy had net assets of $93.1M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.