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Nonprofit · EIN 46-4641481

FOREST AND FOUND

Tax-exempt · LAKE FOREST, IL 60045

Financials

$219K$219K2023$229K$226K2024$254K$280K2025
Revenue Expenses · by fiscal year end
Financials of FOREST AND FOUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$254,406$280,128-$25,722$48,461$2,280$46,181
December 31, 2024990$229,290$226,417$2,873$73,434$1,531$71,903
December 31, 2023990$218,730$218,969-$239$70,868$1,838$69,030
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$43,249
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
$211,157
Other revenue
$211,157

Expenses

Grants and similar amounts paid
$136,000
Compensation of officers, directors and key employees
$81,120
Salaries, compensation and benefits (total)
$87,327
Professional fundraising fees
$0
Accounting fees
$1,087
Occupancy
$39,977
Program services (functional)
$249,575
Management and general (functional)
$18,987
Fundraising (functional)
$11,566

Balance sheet and other

Total assets, start of year
$73,434
Total assets, end of year
$48,461
Total liabilities, end of year
$2,280
Net assets, end of year
$46,181
Net assets without donor restrictions
$46,181
Gross receipts
$297,655
Employees
1
Volunteers
20
Year formed
2014
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Diana Durkes wages for store managePresident
Trustee or director, Officer
40$81,120
Rich FossSecretary
Trustee or director, Officer
1$0
Pam LeachTreasurer
Trustee or director, Officer
4$0
Sherry ArthurDirector
Trustee or director
1$0
Cheryl GaramoniDirector
Trustee or director
1$0
Rosemary TroxelDirector
Trustee or director
4$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Diana Durkes wages for store managePresident
Trustee or director, Officer
4$78,000
Rich FossSecretary
Trustee or director, Officer
1$0
Pam LeachTreasurer
Trustee or director, Officer
4$0
Sherry ArthurDirector
Trustee or director
1$0
Cheryl GaramoniDirector
Trustee or director
1$0
Rosemary TroxelDirector
Trustee or director
4$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Diana Durkes wages for store managePresident
Trustee or director, Officer
4$73,500
Rich FossSecretary
Trustee or director, Officer
1$0
Pam LeachTreasurer
Trustee or director, Officer
4$0
Sherry ArthurDirector
Trustee or director
1$0
Jen RichardsDirector
Trustee or director
1$0
Rosemary TroxelDirector
Trustee or director
4$0

Address and contacts

Address (IRS master file)
1363 N WESTERN AVE, LAKE FOREST, IL 60045-1226
In care of
% FOREST AND FOUND LTD
Principal officer (990 for 2025)
Diana Durkes, 1363 N Western Ave, Lake Forest, IL 60045
Signed the 990
Diana Durkes, President
Phone
(847) 482-1705
Return prepared by
Nancy L Gonsiorek CPA LLC

Mission

Distribute to charitable organizations the net proceeds generated by thrift store operations.

990 for the year ended December 31, 2025

Program accomplishments

  • The Organization is honored to provide contributions to five organizations in Lake County, Illinois.
    Expenses $136,000 · grants $136,000
  • The operations of the Organization are conducted by substantially all volunteer labor, which is not recorded in the financial section of form 990. 20 volunteers provided approximately 3,500 hours of service to the Organization.
    Expenses $113,575

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-4641481
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P29)
Assets (IRS master file)
$48,461
Income (IRS master file)
$297,655

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$254,406$280,128$48,461XML
990December 2024$229,290$226,417$73,434IRS
990December 2023$218,730$218,969$70,868XML
990December 2022$389,524$416,767$70,532IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4641481).

Questions about FOREST AND FOUND

What is the EIN of FOREST AND FOUND?
The employer identification number (EIN) of FOREST AND FOUND is 46-4641481.
Is FOREST AND FOUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FOREST AND FOUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOREST AND FOUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOREST AND FOUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOREST AND FOUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FOREST AND FOUND?
The 990 for the year ended December 31, 2025 names Diana Durkes.
Who are the officers and directors of FOREST AND FOUND?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $81,120 (Diana Durkes wages for store manage, President).
How much revenue does FOREST AND FOUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $254,406, expenses of $280,128 and total assets of $48,461 at year end.

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