Elawa Farm Foundation
Only null% goes to programs Strong reserves Growing revenue
Elawa Farm Foundation is a 501(c)(3) organization based in Lake Forest, Illinois, registered in 2002, with $3,067,146 in FY2024 revenue. CharityIndex grades it B.
1401 Middlefork Dr, Lake Forest, IL, 60045 EIN 71-0875472 Since 2002
Revenue (FY2024)
$3.1M
▲ 44.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$2.5M
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Elawa Farm Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Elawa Farm Foundation: 15 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Elawa Farm Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Elawa Farm Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1401 Middlefork Dr, Lake Forest, IL, 60045
- City
- Lake Forest
- State
- Illinois
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Website
- …
Financial trends
Revenue grew from $410K (FY2013) to $3.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $347KNet assets $3.1M
Operating margin
19.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$347K
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,067,146▲44.8% | $2,462,707▲55.4% | $3,061,745▲24.6% | $3,409,034▲24.2% | 990 |
| 2023 | $2,117,637▲36.2% | $1,585,038▲10.7% | $2,456,818▲27.7% | $2,745,723▲25.4% | 990 |
| 2022 | $1,554,515▲14.2% | $1,431,305▲27.5% | $1,924,219▲6.5% | $2,189,225▲15.6% | 990 |
| 2021 | $1,361,099▲58.0% | $1,122,431▲27.7% | $1,807,307▲15.8% | $1,893,992▲13.6% | 990 |
| 2020 | $861,311▲0.2% | $878,744▲17.0% | $1,560,562▼1.1% | $1,666,564▲4.6% | 990 |
| 2019 | $859,691▼1.3% | $751,295▲8.5% | $1,577,995▲7.4% | $1,593,160▲6.0% | 990 |
| 2018 | $870,763▼18.2% | $692,146▼25.4% | $1,469,599▲13.8% | $1,502,680▲13.2% | 990 |
| 2017 | $1,065,054▲39.3% | $927,592▲29.0% | $1,290,983▲11.9% | $1,327,594▲12.1% | 990 |
| 2016 | $764,302▼19.8% | $719,176▲1.4% | $1,153,521▲4.1% | $1,184,003▲3.5% | 990 |
| 2015 | $952,498▼14.4% | $709,072▲11.7% | $1,108,395▲28.1% | $1,143,543▲28.1% | 990 |
| 2014 | $1,112,672▲171% | $634,685▲76.3% | $864,969▲124% | $892,833▲124% | 990 |
| 2013 | $410,010 | $360,092▲16.7% | $386,982▲14.8% | $399,207▲14.6% | 990 |
| 2012 | — | $308,665▲47.7% | $337,064▲21.7% | $348,495▲20.7% | 990 |
| 2011 | — | $209,015 | $277,071 | $288,776 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $804K total
20 grants to Elawa Farm Foundation totaling $804K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $212,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $134,200 |
| Northwestern Memorial Healthcare | Education and skills for healthier lives | 2023 | $35,000 |
| National Philanthropic Tr | Culture & arts | 2023 | $10,750 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $8,500 |
| The Chicago Community Trust | General operating support, support to strengthen a network of northern illinois farmers to collaborate on market opportunities, from the searle funds at the chicago community trust. | 2022 | $84,750 |
| Northwestern Memorial Healthcare | Community health | 2022 | $18,000 |
| National Philanthropic Tr | Environment, animals | 2022 | $16,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $9,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $7,250 |
| The Chicago Community Trust | General operating support | 2021 | $104,750 |
| The Chicago Community Trust | General operating support | 2021 | $104,750 |
| National Philanthropic Tr | Culture & arts | 2021 | $11,850 |
| Ayco Charitable Foundation | Arts and culture | 2021 | $5,750 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $5,550 |
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Compare Elawa Farm Foundation
Frequently asked questions
- Is Elawa Farm Foundation a legitimate nonprofit?
- Yes. Elawa Farm Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 71-0875472, based in Lake Forest, Illinois. Donations are tax-deductible.
- What is Elawa Farm Foundation's EIN?
- Elawa Farm Foundation's Employer Identification Number (EIN) is 71-0875472.
- How much revenue does Elawa Farm Foundation report?
- Elawa Farm Foundation reported $3,067,146 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Elawa Farm Foundation have?
- CharityIndex grades Elawa Farm Foundation B, based on financial health (reserves and operating margin).
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Explore more
Data for Elawa Farm Foundation (EIN 71-0875472) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.