Lake Forest Open Lands Association
Nonprofit profile at a glance
- EIN
- 366162709
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Lake Forest, IL, USA
- Phone
- 8472343880
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Land Resources Conservation
Reported finances
- Revenue
- $9,393,257
- Expenses
- $3,257,972
- Assets
- $90,993,605
- Liabilities
- $10,294,046
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- RYAN G LONDON (PRESIDENT & CEO)
- STEVEN H BAER (VICE PRESIDENT & TREASURER)
- PAULA CLAIR-GOULD (VICE PRESIDENT - DEVELOPME)
Highest reported compensation
- RYAN G LONDON (PRESIDENT & CEO): $179,827 total reported compensation
- PAULA CLAIR-GOULD (VICE PRESIDENT - DEVELOPME): $119,368 total reported compensation
- JOHN HEMENWAY (CONTROLLER): $105,506 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Since its establishment in 1967, the association has acquired, preserved and maintained over 958 acres of local native landscapes including prairies, savannas, ravines, woodlands and wetlands for the benefit and enjoyment of the entire community. We continue our efforts to restore the land to its historical landscape and maintain these critical habitats. In addition, to promote a connection between the community and the land within it, our preserves are home to over 20 miles of walking trails which are open to the public year round.the association also provides naturalist-led environmental engagements to school children & special workshops offered to children, adults & families. Our environmental engagement programs are designed to develop an understanding of and a love and respect for the natural world around us by including hands-on, participatory activities in a natural setting. Association also cooperates with several institutions promote the scientific study of our preserves.
What it reported doing in 2025
Provide naturalist - led environmental engagements to school children and special workshops for children, adults and families.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 74
- Accountability: 92
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.4%; rating input score 39
- Program expense ratio: 85.4%; rating input score 85
- Fundraising efficiency: $24.93 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.7%; rating input score 95; 25th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 65.3%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 27.93; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 12.4%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 39.4% of revenue deployed · 85.4% of spending went to programs
- Governance: 18 of 19 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.8M in reported program spending
- Leadership: top reported pay $180K · 21 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $122K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 11 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.