LAKESHORE PARK CONSERVANCY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LAKESHORE PARK CONSERVANCY (EIN 62-1648241)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-15
- IRS object ID
- 202313199349309426
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T12:06:34-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621170651 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN JAKE & MCDANIEL PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2607 KINGSTON PIKE SUITE 110 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379193336 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621648241 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKESHORE PARK CONSERVANCY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
| Phone | 8652151722 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10244 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379390244 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS N MCADAMS | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 8655468030 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | MCADAMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES E BOOHER CPA | PreparerPersonNm |
| PTIN | P00286127 | PTIN |
| Phone | 8656378600 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | THOMAS N MCADAMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10244 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379390244 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,509,729 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | LAKESHOREPARKKNOXVILLE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | DEVELOPMENT, CONSTRUCTION, AND OPERATION OF PARK, INCLUDING CONSTRUCTION OF FACILITIES IN ACCORDANCE WITH THE CORPORATION'S COMMUNITY OBJECTIVE OF PROVIDING PUBLIC RECREATION FACILITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $5,867,716 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,252,664 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,764 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,052 | CYInvestmentIncomeAmt |
| PY Other Revenue | $141,450 | PYOtherRevenueAmt |
| CY Other Revenue | $196,803 | CYOtherRevenueAmt |
| PY Total Revenue | $6,010,930 | PYTotalRevenueAmt |
| CY Total Revenue | $13,454,519 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,387,168 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $265,084 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $240,503 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $22,095 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $154,093 | PYOtherExpensesAmt |
| CY Other Expenses | $115,938 | CYOtherExpensesAmt |
| PY Total Expenses | $5,806,345 | PYTotalExpensesAmt |
| CY Total Expenses | $356,441 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $204,585 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,098,078 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $19,542,630 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,544,110 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,189,443 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,077,860 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,353,187 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,466,250 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DEVELOPMENT, CONSTRUCTION, AND OPERATION OF PARK, INCLUDING CONSTRUCTION OF FACILITIES IN ACCORDANCE WITH THE CORPORATION'S COMMUNITY OBJECTIVE OF PROVIDING PUBLIC RECREATION FACILITIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $173,449 | ExpenseAmt |
| Desc | TO PROVIDE PLANNING, DEVELOPMENT, CONSTRUCTION, AND ADMINISTRATION FOR THE PARK FACILITIES IN ACCORDANCE WITH ITS COMMUNITY OBJECTIVE OF PROVIDING RECREATION FACILITIES. IN FISCAL YEAR 2023, THE ORGANIZATION INCURRED AN ADDITIONAL 18,514,968 OF PROJECT EXPENDITURES RELATED TO THE DEVELOPMENT OF THE PARK. THESE EXPENDITURES ARE CONSIDERED PROGRAM RELATED, HOWEVER, THESE ARE CAPITALIZED AS PROGRAM CONSTRUCTION COSTS ON THE BALANCE SHEET UNTIL PROJECT COMPLETION. UPON COMPLETION OF EACH PROJECT, IT IS CONVEYED TO THE CITY OF KNOXVILLE AND RECOGNIZED AS PROGRAM EXPENSE. DURING FISCAL YEAR 2023, NO PROJECTS WERE COMPLETED. | Desc |
| Total Program Service Expenses | $173,449 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS N MCADAMS | PersonNm |
| Phone | 8652151722 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10244 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379390244 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| SUSAN B HASLAM | ||||||
| CHAIRMAN & P | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHARLES ANDERSON JR | ||||||
| VICE PRESIDE | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| L CAESAR STAIRIII | ||||||
| VICE PRESIDE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| THOMAS N MCADAMS | ||||||
| SECRETARY/TR | 25.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES A HASLAMIII | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOE ARMSTRONG | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| MARGARET RITCHIE | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| INDYA KINCANNON | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DENARK CONSTRUCTION INC | |||||
| 1635 WESTERN AVENUE | KNOXVILLE | TN | 37921 | CONSTRUCTION | $13,354,408 |
| NELSONBYRDWOLTZ LANDSCAPING ARCHIT | |||||
| 310 EAST MARKET STREET | CHARLOTTESVILLE | VA | 22902 | DESIGN WORK | $1,516,931 |
| MUSCO SPORTS LIGHTING LLC | |||||
| 100 1ST AVENUE WEST | OSKALOOSA | IA | 52577 | SPORTS LIGHTING | $475,767 |
| PARTNERS DEVELOPMENT | |||||
| 520 W SUMMIT HILL DRIVE SW 603 | KNOXVILLE | TN | 37902 | PROJECT MGMT | $366,171 |
| GREAT SOUTHERN RECREATION | |||||
| 2441Q OLD FORT PARKWAY 462 | MURFREESBORO | TN | 37128 | PLAYGROND EQUIP | $319,289 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $101,301 | FundraisingAmt |
| Government Grants | $4,362,211 | GovernmentGrantsAmt |
| All Other Contributions | $8,789,152 | AllOtherContributionsAmt |
| Noncash Contributions | $28,494 | NoncashContributionsAmt |
| Total Contributions | $13,252,664 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,457 | TotalRevenueColumnAmt |
| Exclusion | $5,457 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $192,721 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $192,721 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $192,721 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $192,721 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,089 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,494 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$405 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$405 | TotalRevenueColumnAmt |
| Exclusion | -$405 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $29,414 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $101,301 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $26,716 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,698 | TotalRevenueColumnAmt |
| Exclusion | $2,698 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Total Revenue Column | $1,384 | TotalRevenueColumnAmt |
| Exclusion | $1,384 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,384 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,454,519 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $192,721 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $9,134 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,986 | TotalAmt |
| Program Services | $121,441 | ProgramServicesAmt |
| Management And General | $82,876 | ManagementAndGeneralAmt |
| Fundraising | $20,669 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,254 | TotalAmt |
| Program Services | $2,296 | ProgramServicesAmt |
| Management And General | $1,567 | ManagementAndGeneralAmt |
| Fundraising | $391 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,263 | TotalAmt |
| Program Services | $6,079 | ProgramServicesAmt |
| Management And General | $4,149 | ManagementAndGeneralAmt |
| Fundraising | $1,035 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,208 | TotalAmt |
| Management And General | $27,208 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,931 | TotalAmt |
| Management And General | $5,931 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,716 | TotalAmt |
| Management And General | $8,716 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,168 | TotalAmt |
| Management And General | $10,168 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,031 | TotalAmt |
| Management And General | $11,031 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FACILITIES MAINTENANCE | $24,229 | $24,229 | |
| GROUNDS MAINTENANCE | $19,404 | $19,404 | |
| OTHER EXPENSES | $9,251 | $9,251 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,441 | TotalAmt |
| Program Services | $173,449 | ProgramServicesAmt |
| Management And General | $160,897 | ManagementAndGeneralAmt |
| Fundraising | $22,095 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,525,979 | BOYAmt |
| EOY | $2,463,088 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,775,197 | BOYAmt |
| EOY | $852,054 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,850,808 | BOYAmt |
| EOY | $7,326,097 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,813 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $174,251 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,777 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,642 | BOYAmt |
| EOY | $143,474 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,007,640 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,235,191 | BOYAmt |
| EOY | $22,751,757 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,542,630 | BOYAmt |
| EOY | $34,544,110 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,098,826 | BOYAmt |
| EOY | $2,229,359 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,617 | BOYAmt |
| EOY | $848,501 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,189,443 | BOYAmt |
| EOY | $3,077,860 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,531,570 | BOYAmt |
| EOY | $23,609,096 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,821,617 | BOYAmt |
| EOY | $7,857,154 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,353,187 | BOYAmt |
| EOY | $31,466,250 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,542,630 | BOYAmt |
| EOY | $34,544,110 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $13,098,078 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $14,985 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $517,360 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $313,768 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $258,934 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,867,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,574,707 | CurrentTaxYearAmt |
| Total | $12,532,485 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $517,360 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $313,768 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $258,934 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,867,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,574,707 | CurrentTaxYearAmt |
| Total | $12,532,485 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $130,578 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,401,907 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,617 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $44,788 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $141,479 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $152,192 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $198,178 | CurrentTaxYearAmt |
| Total | $563,254 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $774 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,647 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,384 | CurrentTaxYearAmt |
| Total | $4,120 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,099,859 | TotalSupportAmt |
| Public Support CY170 | 0.94670 | PublicSupportCY170Pct |
| Public Support PY170 | 0.93230 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 10 | MISCELLANEOUS REVENUE 4,120 |
| SUPPLEMENTAL INFORMATION | UNUSUAL CONTRIBUTIONS: 2018 2019 2020 2021 2022 DONOR 5,000,000 7,677,957 NPV ADJUSTMENT (172,108) DONOR 5,000,000 NPV ADJUSTMENT (172,108) DONOR 1,076,630 ----------- ---------- TOTAL 10,732,414 7,677,957 =========== ========== |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $101,004 | OtherCostOrOtherBasisAmt |
| Book Value | $101,004 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $73,247 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,777 | DepreciationAmt |
| Book Value | $42,470 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $143,474 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| PROGRAM CONSTRUCTION COSTS | $22,750,159 |
| OTHER ASSETS | $1,598 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $22,751,757 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSTRUCTION RETAINAGE PAYABLE | $829,238 |
| RENTAL SECURITY DEPOSITS | $19,263 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $848,501 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,496,175 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $14,985 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $26,671 | OtherRevenueAmt |
| Revenue Not Reported | $41,656 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,454,519 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $13,454,519 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $383,112 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $26,671 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $26,671 | ExpensesNotReportedAmt |
| Expenses Subtotal | $356,441 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $356,441 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES. THEREFORE, THE ORGANIZATION HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. NO PERIODS ARE UNDER EXAMINATION, AND OPEN RETURN YEARS PER STATUTE ARE FOR THE FISCAL YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | SPECIAL EVENTS EXPENSES 26,266 LOSS ON SALE OF STOCK 405 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | SPECIAL EVENTS EXPENSES 26,266 LOSS ON SALE OF STOCK 405 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PICNIC IN THE P | Event1Nm |
| Gross Receipts Event1 | $75,299 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $48,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $27,299 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $10,720 | OtherDirectExpensesEvent1Amt |
| Event2 | LIGHT UP LAKESH | Event2Nm |
| Gross Receipts Event2 | $55,416 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $53,301 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $2,115 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $15,996 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $130,715 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $101,301 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $29,414 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $26,716 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $26,716 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $2,698 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,494 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG HIGH LOW | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | THE CORPORATION HAD NINE EMPLOYEES DURING THE YEAR AND ALL OTHER DIRECT SERVICES ARE PROVIDED BY VOLUNTEERS, INCLUDING GENERAL GOVERNANCE; MANAGEMENT OF RELATIONSHIPS WITH THE CITY OF KNOXVILLE AND THE STATE OF TENNESSEE; OVERSIGHT OF KNOX YOUTH SPORTS, INC., KNOXVILLE FOOTBALL CLUB AND AYSO 279 WHICH MANAGE THE ATHLETIC FIELDS AT THE PARK; DEVELOPMENT OF MARKETING AND FUNDING PLANS; AND DEVELOPMENT AND IMPLEMENTATION OF PLANS FOR ADDITIONAL PARK IMPROVEMENTS. |
| FORM 990, PAGE 6, PART VI, LINE 2 | JAMES A HASLAM III SUSAN B. HASLAM DIRECTOR PRESIDENT HUSBAND AND WIFE |
| FORM 990, PAGE 6, PART VI, LINE 11B | INFORMATION IS GATHERED BY LAURA DAVIS WHO PROVIDED BOOKKEEPING SERVICES FOR LAKESHORE PARK CONSERVANCY. RESPONSES TO OPERATIONAL AND ORGANIZATIONAL INQUIRIES FROM THE RETURN PREPARERS ARE TYPICALLY REVIEWED BY THOMAS N. MCADAMS A DIRECTOR AND SECRETARY/TREASURER OF LAKESHORE PARK CONSERVANCY. MS. DAVIS AND MR. MCADAMS REVIEW THE INITIAL DRAFT OF THE FORM AND COMMUNICATES WITH THE RETURN PREPARERS IN REGARD TO ANY CHANGES. THE FINAL VERSION OF THE FORM IS FORWARDED TO THE BOARD OF DIRECTORS AND TO THE CITY OF KNOXVILLE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CORPORATION DOES NOT ENGAGE IN ANY TRANSACTIONS INVOLVING PAYMENT OF COMPENSATION OR OTHER CONSIDERATION TO ANY ENTITY IN WHICH A DIRECTOR, OFFICER, OR OTHER KEY PERSON IS INVOLVED. ALL PRODUCTS AND SERVICES PROVIDED BY DIRECTORS, OFFICERS, OR KEY PEOPLE ARE DONATED TO THE ORGANIZATION. WITH THE ABSENCE OF ANY PAYMENTS TO, OR CONTRACTUAL RELATIONSHIPS WITH DIRECTORS, OFFICERS, AND KEY PEOPLE, COMPLIANCE WITH THE POLICY CAN BE CONTINUOUSLY MONITORED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | SPECIAL EVENTS EXPENSES 26,266 LOSS ON SALE OF STOCK 405 SPECIAL EVENTS EXPENSES -26,266 LOSS ON SALE OF STOCK -405 |
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