PRESERVATION FOUNDATION OF THE LAK… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

REBEKAH SNYDER

Phone

8479683110

Tax Period

2025-01-01 to 2025-12-31

PRESERVATION FOUNDATION OF THE LAKE COUNTY FOREST PRESERVES, founded in 2007, is a community nonprofit in the Environment sector that reported $4.4M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 85% operating margin.

Mission

THE PRESERVATION FOUNDATION OF THE LAKE COUNTY FOREST PERSERVERS, A NONPROFIT 501(C)(3) ORGANIZATION, WAS FOUNDTED TO PROVIDE MEANINGFUL WAYS FOR THE COMMUNITY TO PARTNER IN THE MISSION OF THE LAKE COUNTY FOREST PRESERVE DISTRICT. THE PRESERVATION FOUNDATION'S PURPOSES ARE CHARITABLE, LITERARY, SCIENTIFIC, AND EDUCATIONAL WITHIN THE MEANING OF THE CODE SECTION 501(C)(3). MORE SPECIFICALLY, THE PRESERVATION FOUNDATION SHALL WITHIN THESE PURPOSES RECEIVE AND ADMINISTER FUNDS, RAISE FUNDS, AND MAKE DISTRIBUTIONS TO OR FOR THE BENEFIT OF THE LAKE COUNTY FOREST PRESERVE DISTRICT. THE PRESERVATION FOUNDATION PROVIDES FUNDS THAT HELP THE DISTRICT ACCOMPLISH ITS MISSION, HELPING TO ACQUIRE AND RESTORE ITS LANDS FOR THE 3.5 MILLION VISITORS IT SERVES.

Program Service Accomplishments

Program 1

Expenses: $663,274

AMONG OTHER INITIATIVES, GRANTS TO THE DISTRICT HELP RESTORE FOREST PRESERVES TO THEIR NATURAL STATE; IMPROVE PUBLIC ACCESS TO AND ENJOYMENT OF PRESERVES; SUPPORT NEW EXHIBITIONS AND PROGRAMS AT THE BESS BOWER DUNN MUSEUM, RYERSON WOODS WELCOME CENTER, AND INDEPENDENCE GROVE; CATALOGING AND CARE OF THE LAKE COUNTY HISTORY ARCHIVES; AND PROVIDE FREE OR SIGNIFICANTLY REDUCE-COST EDUCATION PROGRAMS THROUGHOUT LAKE COUNTY, SUCH AS THE SCIENCE EXPLORERS IN NATURE PROGRAMS FOR YOUTH FROM LOW-INCOME COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $4,355,237

Program Service Revenue $0

Investment Income $66,274

Other Revenue $293

TOTAL REVENUE $4,421,804

Expense Breakdown

Grants Paid $663,274

Salaries & Benefits $0

Fundraising Expenses $7,109

Program Expenses $663,274

Other Expenses $7,991

TOTAL EXPENSES $671,265

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,421,804	$3,386,754	+0.3%
Expenses	$671,265	$679,186	0.0%
Net Income	$3,750,539	$2,707,568	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW COHN	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA DANKS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HEIER	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH HOUGH	PRESIDENT	2.00	Officer Director	$0	$0	$0
KAREN HUNTER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES KIRBY	DIRECTOR	1.00	Director	$0	$0	$0
ALEX KOVACH	DIRECTOR	8.00	Director	$0	$0	$0
BILLY MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
JEFFERSON MCMILLAN-WILHOIT	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL RUMMEL	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL TUTTY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JESSICA VEALITZEK	DIRECTOR	1.00	Director	$0	$0	$0
MARY VINCENT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WASIK	DIRECTOR	1.00	Director	$0	$0	$0
CHAD WAYNEE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
RENEE YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
REBEKAH SNYDER	INTERIM EXEC	20.00	Officer	$0	$0	$0
ERIKA STERGOS	EXECUTIVE DI	20.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$4,421,804	$671,265	$16,127,750	$3,750,539
2024	$3,386,754	$679,186	$11,619,353	$2,707,568
2023	$3,326,253	$4,634,633	$8,938,759	$-1,308,380
2022	$4,207,316	$437,749	$10,023,422	$3,769,567
2021	$3,156,274	$539,158	$6,253,855	$2,617,116
2020	$831,983	$960,684	$3,547,965	$-128,701
2019	$1,562,619	$393,687	$3,638,284	$1,168,932
2018	$761,223	$747,296	$1,892,009	$13,927

PRESERVATION FOUNDATION OF THE LAKE COUNTY FOREST PRESERVES