Better Business Bureau Report for
Preservation Foundation of the Lake County Forest Preserves

Better Business Bureau Report issued September 2016
Better Business Bureau Report expires September 2018


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Preservation Foundation of the Lake County Forest Preserves
Address: 1899 W. Winchester Road
  Libertyville, IL 60048
Phone: 847-698-3110
Web Address:
Also known as:Lake County Forest Preserves
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Better Business Bureau Comments

Year, State Incorporated: 2007, Illinois
Affiliates: None
Stated Purpose: The Preservation Foundation is the charitable partner of the Lake County Forest Preserves. The mission of the Preservation Foundation is to extend and accelerate the Lake County Forest Preserve’s goals through private philanthropy to restore and preserve Lake County’s natural and cultural resources in perpetuity.

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Evaluation Conclusions

              

Preservation Foundation of the Lake County Forest Preserves does not meet the following 4 Standards for Charity Accountability.

Standard 1: Oversight of Operations and Staff - Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

Preservation Foundation of the Lake County Forest Preserves does not meet this Standard because its board of directors does not:

  • Review the performance of the chief executive officer at least once every two years.

Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.

Preservation Foundation of the Lake County Forest Preserves does not meet this Standard because:

  • According to the its audited financial statements for the fiscal year ended June 30, 2015, the organization spent $234,123 or 49% of its total expenses ($481,294) on program service activities.

Standard 14: Budget - Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

Preservation Foundation of the Lake County Forest Preserves does not meet this Standard because, when the organization provided budget information, it indicated that the budget:

  • Did not identify total projected administrative expenses.

Standard 18: Privacy for Written Appeals & Internet Privacy - Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

Preservation Foundation of the Lake County Forest Preserves does not meet this Standard because the privacy policy on this website, does not indicate:

  • How to inform the charity that the visitor does not want his/her information shared with others.
Preservation Foundation of the Lake County Forest Preserves meets the remaining 16 Standards for Charity Accountability.
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Programs

              

In 2007, the Preservation Foundation of the Lake County Forest Preserves was created as the charitable partner of the Lake County Forest Preserve District. The funds raised help advance the mission of the Forest Preserves, which is to preserve Lake County's dynamic and unique system of natural and cultural resources and to develop innovative education, recreation and cultural opportunities of regional value, while exercising environmental and fiscal responsibility. Since 1958, the Lake County Forest Preserves has acquired, restored, and managed Lake County’s diverse natural lands. Today, it is the state’s second largest forest preserve system, with more than 30,800 acres in a network of 64 preserves and 208 miles of local and regional trails. A variety of habitats, including lakes, rivers, wetlands, prairie, savanna and woodlands, supports the highest biodiversity and the greatest number of threatened and endangered species in Illinois. In addition to its conservation mission, the Forest Preserves provides environmental education programs and manages cultural and historic sites, such as the Edward L. Ryerson Conservation Area, Lake County Discovery Museum, Bonner Heritage Farm, Adlai E. Stevenson Historic Home, and Greenbelt Cultural Center. Each year, more than 3.5 million visitors enjoy the preserves or benefit from programs.

For the fiscal year ended June 30, 2015, Preservation Foundation of the Lake County Forest Preserves's program expenses were:

  
Total Program Expenses: $
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Governance

              

Chief Executive : Rebekah Frederick Snyder, Executive Director
Compensation*: 
$103,126

Chair of the Board: David F. Nelson
Chair's Profession / Business Affiliation: Senior Vice President, Investments - UBS Financial

Board Size: 6

Paid Staff Size: 0

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, telephone, invitations to fund raising events, print advertisements, grant proposals, internet, planned giving arrangements
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $1,450,398, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Preservation Foundation of the Lake County Forest Preserves's audited financial statements for the fiscal year ended June 30, 2015.

Source of Funds  
contributions 1,188,646
in-kind contributions 261,752
interest income 8,382
other income 1,050
Total Income $1,459,830


chart



Uses of Funds as a % of Total Expenses

Programs: 49%  Fund Raising: 30%  Administrative: 21% 

Total income $1,459,830
Program expenses $234,123
Fund raising expenses 143,764
Administrative expenses 103,407
Total expenses $481,294
Income in Excess of Expenses 978,536
Beginning net assets 1,169,284
Ending net assets 2,147,820
Total liabilities
Total assets $2,147,820


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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