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Illinois · Nonprofit

FRIENDS OF LAKE FOREST LIBRARY INC

FRIENDS OF LAKE FOREST LIBRARY INC (Illinois) receives grants from 11 organizations whose IRS filings report $103,150 to it, the largest being THE BUCHANAN FAMILY FOUNDATION ($30,000). 7 of them have funded it in more than one year.

Revenue FY2025
$222k
Funders on record
11
Grants received
$103k
Net assets
$1.5M
7/11 repeat funderspeak grant-dependency 18%
01What it does

What Friends of Lake Forest Library Inc does

Mission

To enhance and support the mission, vision and services of the lake forest library, and engage in related educational, charitable and cultural activities.

As stated on its FY2025 Form 990.

Programs

  1. Friends normally conducts two used book sales (using donated books from local residents) to raise funds to provide lake forest library with additional resources beyond tax levies: children and youth reading programs and adult reading and writing programs.

    $90,598 spentof which $90,598 as grants$155,592 earned by the program
    94% of program spending
  2. Awarded scholarships to three lake forest area high school graduating seniors for meritorious essays on reading and literature.

    $6,000 spentof which $6,000 as grants
    6% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $96,598.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($159k) Expenses 100 ($144k) Net assets 100 ($731k)2018 Revenue 99 ($157k) Expenses 76 ($109k) Net assets 111 ($811k)2019 Revenue 91 ($145k) Expenses 86 ($124k) Net assets 117 ($855k)2020 Revenue 21 ($34k) Expenses 62 ($89k) Net assets 118 ($862k)2021 Revenue 148 ($236k) Expenses 33 ($48k) Net assets 144 ($1.1M)2022 Revenue 95 ($150k) Expenses 49 ($70k) Net assets 153 ($1.1M)2023 Revenue 118 ($188k) Expenses 68 ($97k) Net assets 169 ($1.2M)2024 Revenue 136 ($217k) Expenses 234 ($336k) Net assets 178 ($1.3M)2025 Revenue 140 ($222k) Expenses 113 ($162k) Net assets 200 ($1.5M)
'17'18'19'20'21'22'23'24'25
Revenue (140)Expenses (113)Net assets (200)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $862k to $1.1M (+23%).

$733k
$813k
$858k
$862k
$1.1M
$1.1M
$1.3M
$1.3M
$1.5M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$15k
’17
$48k
’18
$22k
’19
−$55k
’20
$188k
’21
$80k
’22
$91k
’23
−$120k
’24
$61k
’25
26
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed333231312622212423
Joined·+3+4+5+7+7+3+7+6
No longer listed·4551211447
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $750 → $18k.

1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF LAKE FOREST LIBRARY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF LAKE FOREST LIBRARY INC leans on a few funders — its largest provides 29% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

29%
largest funder
73%
top three
~5
effective funders

Largest funder’s share by year: 2017 67% · 2018 97% · 2019 100% · 2020 83% · 2021 77% · 2022 56% · 2023 55% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

20% of FRIENDS OF LAKE FOREST LIBRARY INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of FRIENDS OF LAKE FOREST LIBRARY INC's grant income comes from Illinois funders.

IL
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like FRIENDS OF LAKE FOREST LIBRARY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

60% of spending goes to programs.

Program 60%Management 11%Fundraising 29%

Governance

23
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF LAKE FOREST LIBRARY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF LAKE FOREST LIBRARY INC?
FRIENDS OF LAKE FOREST LIBRARY INC (Illinois) receives grants from 11 organizations whose IRS filings report $103,150 to it, the largest being THE BUCHANAN FAMILY FOUNDATION ($30,000). 7 of them have funded it in more than one year.
How many funders does FRIENDS OF LAKE FOREST LIBRARY INC have?
IRS filings report 11 organizations giving $103,150 in grants to FRIENDS OF LAKE FOREST LIBRARY INC, 7 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF LAKE FOREST LIBRARY INC?
THE BUCHANAN FAMILY FOUNDATION is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF LAKE FOREST LIBRARY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing