Nonprofit · EIN 84-4151206
THE LAKE FOREST LIBRARY FOUNDATION
Also known as CATHERINE LEMMER
Tax-exempt · LAKE FOREST, IL 60045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2026 | 990 | $157,222 | $5,791 | $151,431 | $841,781 | $0 | $841,781 |
| April 30, 2025 | 990 | $62,668 | $4,363 | $58,305 | $557,237 | $0 | $557,237 |
| April 30, 2024 | 990 | $55,111 | $10,753 | $44,358 | $484,827 | $0 | $484,827 |
Financial details: 990 for the year ended April 30, 2026
Revenue
- Contributions, gifts and grants
- $132,203
- Program service revenue
- $0
- Investment income
- $25,019
- Net gain from sales of assets
- $8,784
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,408
- Management and general (functional)
- $5,095
- Fundraising (functional)
- $696
Balance sheet and other
- Total assets, start of year
- $557,237
- Total assets, end of year
- $841,781
- Total liabilities, end of year
- $0
- Net assets, end of year
- $841,781
- Publicly traded securities
- $817,420
- Net assets without donor restrictions
- $547,473
- Net assets with donor restrictions
- $294,308
- Gross receipts
- $224,764
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2019
- 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 April 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SARAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANDREW SANNES | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| L ROBERT PASQUESI | TREASURER Trustee or director, Officer | 1 | $0 |
| MOLLY GRAZIANO | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended April 30, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SARAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE SINCLAIR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| L ROBERT PASQUESI | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL HOEFT | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended April 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SARAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE SINCLAIR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| L ROBERT PASQUESI | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL HOEFT | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 360 E DEERPATH ROAD, LAKE FOREST, IL 60045-2252
- Principal officer (990 for 2025)
- MARK SARAN, 585 BANK LANE, LAKE FOREST, IL 60045
- Signed the 990
- MARK SARAN, PRESIDENT
- Phone
- (847) 810-4602
- Website
- LFLIBRARYFOUNDATION.ORG
Mission
THE ORGANIZATION'S PURPOSE IS TO PROVIDE SUPPORT TO THE LAKE FOREST LIBRARY IN ITS MISSION TO INSPIRE LIFE-LONG LEARNING, PROMOTE THE FREE AND RESPECTFUL EXCHANGE OF IDEAS AND TO BUILD COMMUNITY.
Program accomplishments
- THE ORGANIZATION OPERATES TO SUPPORT THE LAKE FOREST LIBRARY .
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | 990 on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 84-4151206
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $841,781
- Income (IRS master file)
- $224,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2026 | $157,222 | $5,791 | $841,781 | XML |
| 990 | April 2025 | $62,668 | $4,363 | $557,237 | XML |
| 990 | April 2024 | $55,111 | $10,753 | $484,827 | XML |
| 990 | April 2023 | $33,764 | $7,712 | $392,237 | IRS |
| 990 | April 2022 | – | – | – | IRS |
| 990-EZ | April 2021 | – | – | – | 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 84-4151206).
Questions about THE LAKE FOREST LIBRARY FOUNDATION
- What is the EIN of THE LAKE FOREST LIBRARY FOUNDATION?
- The employer identification number (EIN) of THE LAKE FOREST LIBRARY FOUNDATION is 84-4151206.
- Is THE LAKE FOREST LIBRARY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to THE LAKE FOREST LIBRARY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE LAKE FOREST LIBRARY FOUNDATION 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 THE LAKE FOREST LIBRARY FOUNDATION due?
- The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE LAKE FOREST LIBRARY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2026.
- Who is the principal officer of THE LAKE FOREST LIBRARY FOUNDATION?
- The 990 for the year ended April 30, 2026 names MARK SARAN.
- Who are the officers and directors of THE LAKE FOREST LIBRARY FOUNDATION?
- The 990 for the year ended April 30, 2026 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE LAKE FOREST LIBRARY FOUNDATION have?
- On its 990 for the year ended April 30, 2026 it reported revenue of $157,222, expenses of $5,791 and total assets of $841,781 at year end.
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