EAST LAKE FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- EAST LAKE FOUNDATION INC (EIN 58-2204306)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349303883
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T12:02:57-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454084437 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARREN AVERETT LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SIX CONCOURSE PARKWAY SUITE 600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582204306 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAST LAKE FOUNDATIONINC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EAST | BusinessNameControlTxt |
| Phone | 4043734351 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2606 ALSTON DRIVE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30317 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ILHAM ASKIA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4043734351 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ILHAM | PersonFirstNm |
| Person Last | ASKIA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | V ALEXANDER LARSON | PreparerPersonNm |
| PTIN | P00784095 | PTIN |
| Phone | 7703961100 | PhoneNum |
| Preparation | 2023-11-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | ILHAM ASKIA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2606 ALSTON DRIVE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30317 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,126,683 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.EASTLAKEFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | THE EAST LAKE FOUNDATION COLLABORATES WITH THE VILLAGES OF EAST LAKE RESIDENTS NEIGHBORHOOD IN ATLANTA, GEORGIA, CHARLES R. DREW CHARTER SCHOOL FAMILIES, AND OTHER KEY SERVICE PROVIDERS TO ENSURE EVERY MEMBER OF OUR COMMUNITY HAS EQUITABLE ACCESS TO THE RESOURCES, TOOLS AND SUPPORTS NEEDED TO THRIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Volunteers | 122 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $30,264,836 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,113,324 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $363,212 | PYInvestmentIncomeAmt |
| CY Investment Income | -$155,298 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$217,548 | PYOtherRevenueAmt |
| CY Other Revenue | $894,727 | CYOtherRevenueAmt |
| PY Total Revenue | $30,410,500 | PYTotalRevenueAmt |
| CY Total Revenue | $11,852,753 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,766,418 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,121,796 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $950,538 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $799,217 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $707,356 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,683,284 | PYOtherExpensesAmt |
| CY Other Expenses | $9,736,184 | CYOtherExpensesAmt |
| PY Total Expenses | $7,400,240 | PYTotalExpensesAmt |
| CY Total Expenses | $12,657,197 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $23,010,260 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$804,444 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $69,998,744 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,536,747 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,910,247 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,983,637 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $68,088,497 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $66,553,110 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE EAST LAKE FOUNDATION ("THE ORGANIZATION OR "ELF") PROVIDES THE TOOLS FOR FAMILIES OF THE VILLAGES OF EAST LAKE NEIGHBORHOOD IN ATLANTA, GEORGIA, AND STUDENTS OF CHARLES R. DREW CHARTER SCHOOL, LOCATED IN THE SAME NEIGHBORHOOD, TO BUILD A BETTER LIFE FOR THEMSELVES AND FUTURE GENERATIONS THROUGH EDUCATION, MIXED-INCOME HOUSING, AND COMMUNITY WELLNESS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,792,137 | ExpenseAmt |
| Grant | $1,824,322 | GrantAmt |
| Desc | STUDENT SUPPORT PROGRAM - PROVIDED AFTER SCHOOL PROGRAMS AND ADMINISTRATIVE SUPPORT TO STUDENTS OF DREW CHARTER SCHOOL AND EAST LAKE COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $673,234 | ExpenseAmt |
| Grant | $297,474 | GrantAmt |
| Desc | RESIDENT AND COMMUNITY SUPPORT PROGRAM SUPPORTS THE FAMILIES IN THE EAST LAKE COMMUNITY THROUGH ECONOMIC STABILITY AND COMMUNITY ENGAGEMENT PROGRAMMING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $11,465,371 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 14 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEISHA WHITE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4049744513 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2606 ALSTON DRIVE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30317 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| CATHERINE H WOODLING | ||||||
| SECRETARY | 40.00 | Yes (X) | $166,361 | $0 | $15,617 | |
| MEISHA WHITE | ||||||
| TREASURER | 40.00 | Yes (X) | $126,034 | $0 | $28,201 | |
| ILHAM ASKIA | ||||||
| PRESIDENT & CEO | 10.00 | Yes (X) | $61,174 | $0 | $1,937 | |
| DANIEL SHOY JR | ||||||
| IMMEDIATE PAST PRESIDENT | 40.00 | Yes (X) | $24,434 | $0 | $2,445 | |
| CHRIS WOMACK | ||||||
| CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |
| PHIL JACOBS | ||||||
| VICE CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ALEX ROBERTSON | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CHARLES PALMER | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CHERYL LOMAX | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CURLEY DOSSMAN | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| GERALD RENDER | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| JOHN BREWER | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| JOHN R FRAZER | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| JOYCE RETO | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| LILLIAN COUSINS GIORNELLI | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MARILYN MACK | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MARK LAZARUS | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MARK RAHIYA | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ONOME OKUMA | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| RAY M ROBINSON | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ROBERT L JOHNSTON | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| SARA PRINCE | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| THOMAS G COUSINS | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $378,003 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $48,200 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $184,000 | FundraisingAmt |
| All Other Contributions | $10,929,324 | AllOtherContributionsAmt |
| Noncash Contributions | $7,026,125 | NoncashContributionsAmt |
| Total Contributions | $11,113,324 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $216,049 | TotalRevenueColumnAmt |
| Exclusion | $216,049 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,578,646 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,949,993 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$371,347 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$371,347 | TotalRevenueColumnAmt |
| Exclusion | -$371,347 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,218,454 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $184,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $323,937 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $894,517 | TotalRevenueColumnAmt |
| Exclusion | $894,517 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $210 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $210 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $210 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,852,753 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $210 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $739,219 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,115,245 | TotalAmt |
| Program Services | $2,115,245 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,551 | TotalAmt |
| Program Services | $6,551 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,003 | TotalAmt |
| Program Services | $154,199 | ProgramServicesAmt |
| Management And General | $36,142 | ManagementAndGeneralAmt |
| Fundraising | $187,662 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,986 | TotalAmt |
| Program Services | $93,410 | ProgramServicesAmt |
| Management And General | $21,894 | ManagementAndGeneralAmt |
| Fundraising | $113,682 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,305 | TotalAmt |
| Program Services | $7,108 | ProgramServicesAmt |
| Management And General | $10,622 | ManagementAndGeneralAmt |
| Fundraising | $9,575 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,131 | TotalAmt |
| Program Services | $27,649 | ProgramServicesAmt |
| Management And General | $45,914 | ManagementAndGeneralAmt |
| Fundraising | $26,568 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,792 | TotalAmt |
| Program Services | $23,082 | ProgramServicesAmt |
| Management And General | $23,328 | ManagementAndGeneralAmt |
| Fundraising | $18,382 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,317 | TotalAmt |
| Management And General | $43,317 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,758 | TotalAmt |
| Management And General | $43,758 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,991 | TotalAmt |
| Program Services | $9,395 | ProgramServicesAmt |
| Management And General | $114,053 | ManagementAndGeneralAmt |
| Fundraising | $108,543 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,002 | TotalAmt |
| Program Services | $1,276 | ProgramServicesAmt |
| Fundraising | $9,726 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,342 | TotalAmt |
| Program Services | $3,027 | ProgramServicesAmt |
| Management And General | $29,694 | ManagementAndGeneralAmt |
| Fundraising | $6,621 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,378,022 | TotalAmt |
| Program Services | $7,202,513 | ProgramServicesAmt |
| Management And General | $49,604 | ManagementAndGeneralAmt |
| Fundraising | $125,905 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,829 | TotalAmt |
| Management And General | $107 | ManagementAndGeneralAmt |
| Fundraising | $33,722 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,239 | TotalAmt |
| Program Services | $7,500 | ProgramServicesAmt |
| Management And General | $750 | ManagementAndGeneralAmt |
| Fundraising | $3,989 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,523,889 | TotalAmt |
| Program Services | $1,523,769 | ProgramServicesAmt |
| Management And General | $120 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,619 | TotalAmt |
| Management And General | $38,619 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT SUPPORT PROGRAM | $251,510 | $251,510 | ||
| OTHER EXPENSES | $58,735 | $20,923 | $9,348 | $28,464 |
| PRIZES & AWARDS | $39,765 | $5,248 | $34,517 | |
| MEALS & ENTERTAINMENT | $29,644 | $12,836 | $16,808 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $522 | TotalAmt |
| Program Services | $130 | ProgramServicesAmt |
| Management And General | $392 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,657,197 | TotalAmt |
| Program Services | $11,465,371 | ProgramServicesAmt |
| Management And General | $484,470 | ManagementAndGeneralAmt |
| Fundraising | $707,356 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,634,796 | BOYAmt |
| EOY | $1,645,939 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,075,088 | BOYAmt |
| EOY | $799,921 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,157,272 | BOYAmt |
| EOY | $1,473,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,816 | BOYAmt |
| EOY | $134,454 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,000 | BOYAmt |
| EOY | $500,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,200 | BOYAmt |
| EOY | $1,037 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $58,024,160 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,539,730 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,007,014 | BOYAmt |
| EOY | $53,484,430 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,427,558 | BOYAmt |
| EOY | $10,497,966 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,998,744 | BOYAmt |
| EOY | $68,536,747 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,872 | BOYAmt |
| EOY | $359,011 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,375 | BOYAmt |
| EOY | $124,626 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,910,247 | BOYAmt |
| EOY | $1,983,637 | 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 | $65,870,047 | BOYAmt |
| EOY | $64,601,588 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,218,450 | BOYAmt |
| EOY | $1,951,522 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,088,497 | BOYAmt |
| EOY | $66,553,110 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,998,744 | BOYAmt |
| EOY | $68,536,747 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$804,444 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$730,943 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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 | $4,453,166 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,592,018 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,616,039 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,278,030 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,929,324 | CurrentTaxYearAmt |
| Total | $53,868,577 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,453,166 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,592,018 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,616,039 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,278,030 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,929,324 | CurrentTaxYearAmt |
| Total | $53,868,577 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,149,410 | SubstantialContributorsTotAmt |
| Public Support Total170 | $48,719,167 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $375,494 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $397,519 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $413,389 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $219,863 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $216,049 | CurrentTaxYearAmt |
| Total | $1,622,314 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,200 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $56,810 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,247 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,567 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $210 | CurrentTaxYearAmt |
| Total | $92,034 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $55,582,925 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $213,940 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87650 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80790 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $12,217,150 | OtherCostOrOtherBasisAmt |
| Book Value | $12,217,150 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,690,602 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,424,773 | DepreciationAmt |
| Book Value | $41,265,829 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $116,408 | OtherCostOrOtherBasisAmt |
| Depreciation | $114,957 | DepreciationAmt |
| Book Value | $1,451 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $53,484,430 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATED PARTY | Desc |
| Amt | $124,626 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $124,626 | TotalLiabilityAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | EAST LAKE INVITATIONAL | Event1Nm |
| Gross Receipts Event1 | $474,978 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $184,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $290,978 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $34,367 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $54,811 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $53,404 | EntertainmentEvent1Amt |
| Event2 | PARTY ON THE GREEN | Event2Nm |
| Gross Receipts Event2 | $927,476 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $0 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $927,476 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $96,364 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $84,991 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $1,402,454 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $184,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,218,454 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $34,367 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $151,175 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $53,404 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $84,991 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $323,937 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $894,517 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| EAST LAKE FAMILY YMCA | ||||||||
| 301 EAST LAKE BOULEVARD | ATLANTA | GA | 30317 | 580566253 | 501(C)(3) | $0 | $805,855 | OPERATIONAL SUPPORT |
| DREW CHARTER SCHOOL | ||||||||
| 301 EAST LAKE BOULEVARD | ATLANTA | GA | 30317 | 582528098 | 501(C)(3) | $0 | $733,876 | OPERATIONAL SUPPORT |
| THE SHELTERING ARMS | ||||||||
| 385 CENTENNIAL OLYMPIC PARK DRIVE | ATLANTA | GA | 30313 | 580566236 | 501(C)(3) | $0 | $160,000 | OPERATIONAL SUPPORT |
| FIRST TEE - METRO ATLANTA | ||||||||
| 1053 CASCADE CIRCLE SW | ATLANTA | GA | 30311 | 582414794 | 501(C)(3) | $0 | $154,520 | OPERATIONAL SUPPORT |
| ATLANTA LAND TRUST | ||||||||
| 3445 PEACHTREE RD NE SUITE 175 | ATLANTA | GA | 30326 | 880801517 | 501(C)(3) | $0 | $100,000 | OPERATIONAL SUPPORT |
| ATLANTA SPEECH SCHOOL | ||||||||
| 3160 NORTHSIDE PARKWAY NW | ATLANTA | GA | 30327 | 580566198 | 501(C)(3) | $0 | $85,000 | OPERATIONAL SUPPORT |
| GEORGIA STATE UNIVERSITY | ||||||||
| PO BOX 4040 | ATLANTA | GA | 30302 | 586033185 | 501(C)(3) | $0 | $75,994 | OPERATIONAL SUPPORT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ELF PROVIDES GRANTS TO NONPROFIT ORGANIZATIONS ACTIVELY SERVING THE EAST LAKE FOUNDATION'S TARGET POPULATION (RESIDENTS IN THE VILLAGES OF EAST LAKE AND CHILDREN ATTENDING CHARLES R. DREW CHARTER SCHOOL) IN THE EAST LAKE COMMUNITY. NONPROFIT ORGANIZATIONS INTERESTED IN PARTNERING WITH THE EAST LAKE FOUNDATION REQUEST ASSISTANCE AFTER WHICH THE ORGANIZATION'S PRESIDENT AND/OR CHIEF OPERATING OFFICER REVIEWS THE REQUEST AND APPROVES OR DECLINES IT FOR GRANT FUNDING. ALL APPROVED GRANTS ARE REGULARLY MONITORED AND THE GRANTEE ORGANIZATION PROVIDES REGULAR REPORTS THROUGHOUT THE LIFE OF THE GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CATHERINE H WOODLING | ||||||||||||||
| SECRETARY | $151,161 | $0 | $15,200 | $0 | $0 | $0 | $6,401 | $0 | $9,216 | $0 | $181,978 | $0 | $0 | $0 |
| MEISHA WHITE | ||||||||||||||
| TREASURER | $114,576 | $0 | $11,458 | $0 | $0 | $0 | $5,041 | $0 | $23,160 | $0 | $154,235 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | DISCRETIONARY BONUSES ARE AWARDED TO OFFICERS BASED ON ANNUAL PERFORMANCE. THESE BONUSES ARE TREATED AS TAXABLE COMPENSATION REPORTABLE ON THE FORMS W-2 AND FORM 990. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $90,543 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THOMAS G. COUSINS - BOARD MEMBER LILLIAN GIORNELLI - BOARD MEMBER FAMILY RELATIONSHIP |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS OF EAST LAKE FOUNDATION, INC, WERE AMENDED AND RESTATED IN NOVEMBER OF 2022 TO ADDRESS THE NUMBER OF DIRECTORS ON AND THE COMPOSITION OF THE ORGANIZAITON'S BOARD OF DIRECTORS, AMONG OTHER MATTERS. SCHEDULE O DISCLOSURE FOR PART VI, SECTION A, LINE 7A (BELOW) HAS BEEN UPDATED TO REFLECT THE AMENDED AND RESTATED BYLAWS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE AMENDED AND RESTATED BYLAWS OF THE ORGANIZATION STATE THE FOLLOWING WITH RESPECT TO THE ORGANIZATION'S REGULAR BOARD OF DIRECTORS. ALL REFERENCES TO THE "CORPORATION" IN THE BYLAWS LANGUAGE BELOW ARE TO THE FILING ORGANIZATION, AND THE CF FOUNDATION, INC., MENTIONED BELOW IS ANOTHER SEC. 501(C)(3) ORGANIZATION, EIN 58-1743909. "THE REGULAR BOARD OF DIRECTORS SHALL CONSIST OF NO FEWER THAN SEVEN MEMBERS AND AS MANY AS 20 MEMBERS, EITHER ELECTED OR APPOINTED, WHO SHALL BE SELECTED IN THE MANNER PRESCRIBED IN THESE BYLAWS. AS MANY AS 50% LESS ONE (MINORITY) OF THE MEMBERS OF THE REGULAR BOARD OF DIRECTORS OF THE CORPORATION CAN BE PERSONS WHO ARE APPOINTED BY THE BOARD OF DIRECTORS OF CF FOUNDATION, INC.; AND ALL OTHER DIRECTORS SHALL BE PERSONS WHO ARE APPOINTED BY THE BOARD OF DIRECTORS OF THE CORPORATION. MEMBERS OF THE REGULAR BOARD OF DIRECTORS OF THE CORPORATION SHALL ALWAYS INCLUDE THE CHAIR OF THE CORPORATION, TOGETHER WITH SUCH OTHER DIRECTORS AS MAY BE APPOINTED FROM TIME TO TIME IN ACCORDANCE WITH THESE BYLAWS. THE BOARD OF DIRECTORS IS AUTHORIZED TO FIX THE PRECISE NUMBER OF DIRECTORS BY RESOLUTION ADOPTED FROM TIME TO TIME BY A MAJORITY OF ALL THE DIRECTORS THEN IN OFFICE. AFTER SERVING ON THE BOARD OF DIRECTORS, INDIVIDUALS MAY BE AUTHORIZED BY THE BOARD OF DIRECTORS TO TAKE THE ROLE OF BOARD MEMBER EMERITUS, A POSITION WHICH IS NOT INCLUDED IN COUNTING MEMBERS OF THE REGULAR BOARD OF DIRECTORS. A BOARD MEMBER EMERITUS MAY ATTEND THE ANNUAL MEETING AND EVENTS OF INTEREST TO HIM/HER BUT SHALL HAVE NO COMMITTEE RESPONSIBILITIES." WITH THE RESPECT TO THE MANNER OF APPOINTMENT AND THE TERM OF OFFICE, THE AMENDED AND RESTATED BYLAWS STIPULATE THAT "EACH DIRECTOR MAY SERVE TWO THREE-YEAR TERMS, AND IF INTERESTED CAN SERVE A THIRD THREE-YEAR TERM AFTER A ONE-YEAR HIATUS ON THE BOARD OF ADVISORS. EACH DIRECTOR MAY TAKE OFFICE AS OF THE EFFECTIVE DATE OF HIS OR HER APPOINTMENT AND SHALL CONTINUE IN OFFICE FOR A TERM OF NOT MORE THAN THREE YEARS, AS DETERMINED BY THE BOARD OF DIRECTORS, AND THEREAFTER UNTIL HIS OR HER SUCCESSOR SHALL HAVE BEEN ELECTED AND QUALIFIED OR UNTIL HIS OR HER EARLIER DEATH, RESIGNATION, RETIREMENT, DISQUALIFICATION, OR REMOVAL. THE TERMS OF THE DIRECTORS SHALL BE STAGGERED SO THAT THE TERMS OF NO MORE THAN APPROXIMATELY ONE-THIRD ARE EXPIRING IN ANY ONE YEAR." FINALLY, REGARDING THE REMOVAL OF DIRECTORS AND THE VACANCIES ON THE BOARD OF DIRECTORS, THE AMENDED AND RESTATED BYLAWS PROVIDE THAT "ANY DIRECTOR APPOINTED BY THE BOARD OF DIRECTORS OF CF FOUNDATION, INC. MAY BE REMOVED, EITHER FOR OR WITHOUT CAUSE, BY THE BOARD OF DIRECTORS OF CF FOUNDATION, INC.; AND ANY DIRECTOR ELECTED BY THE BOARD OF DIRECTORS OF THE CORPORATION MAY BE REMOVED, EITHER FOR OR WITHOUT CAUSE, BY THE BOARD OF DIRECTORS OF THE CORPORATION. A REMOVED DIRECTOR'S SUCCESSOR MAY BE APPOINTED AT THE SAME TIME BY THE APPOINTING AUTHORITY, THAT IS, BY THE BOARD OF DIRECTORS OF CF FOUNDATION, INC. OR BY THE BOARD OF DIRECTORS OF THE CORPORATION, AS THE CASE MAY BE." "ANY VACANCY IN THE BOARD OF DIRECTORS ARISING AT ANY TIME AND FROM ANY CAUSE, INCLUDING THE AUTHORIZATION OF AN INCREASE IN THE NUMBER OF DIRECTORS, MAY BE FILLED BY THE BOARD OF DIRECTORS OF CF FOUNDATION, INC. OR BY THE BOARD OF DIRECTORS OF THE CORPORATION, AS THE CASE MAY BE, IN ACCORDANCE WITH THE PROVISIONS... [STATED ABOVE]. EACH DIRECTOR SO APPOINTED SHALL HOLD OFFICE UNTIL HIS OR HER SUCCESSOR HAS BEEN ELECTED AND HAS QUALIFIED, OR UNTIL HIS OR HER EARLIER DEATH, RESIGNATION, RETIREMENT, REMOVAL, OR DISQUALIFICATION." |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S PRESIDENT AND CEO AND DIRECTOR OF FINANCE AND OPERATIONS REVIEW THE FORM 990 PREPARED BY AND IN CONSULTATION WITH WARREN AVERETT, OUR CPAS AND ADVISORS. THE FINANCE AND AUDIT COMMITTEE REVIEWS THE FORM 990 AND APPROVES IT FOR FURTHER CONSIDERATION BY AND REVIEW OF THE BOARD. ONCE THE FULL BOARD OF DIRECTORS REVIEWS THE FORM 990, IT IS FILED WITH THE IRS AND OTHER STATE AND REGULATORY AUTHORITIES. |
| FORM 990, PART VI, SECTION B, LINE 12C | AS PART OF THE ANNUAL REVIEW, EMPLOYEES ARE ASKED TO REVIEW AND ACKNOWLEDGE THAT THEY HAVE READ AND AGREE TO THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | A SALARY SURVEY IS COMPLETED EACH YEAR FOR ALL OFFICERS OF THE ORGANIZATION TO ENSURE COMPENSATION IS IN LINE WITH COMPENSATION PAID BY SIMILARLY-SITUATED ORGANIZATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND AS REQUIRED BY THE INTERNAL REVENUE CODE OR THE TREASURY REGULATIONS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| EDUCATIONAL REAL ESTATE LLC | ||||||||
| 3445 PEACHTREE ROAD NE STE 175 | ATLANTA | GA | 30326 | 461801317 | OWNERSHIP OF A SEC. 501(C)(3) JR. AND SR. ACADEMY | GA | $55,165,822 | EAST LAKE FOUNDATION INC |
| EDUCATIONAL REAL ESTATE II LLC | ||||||||
| 3445 PEACHTREE ROAD NE STE 175 | ATLANTA | GA | 30326 | HOLDS LEASES OF REAL PROPERTY | GA | $0 | EAST LAKE FOUNDATION INC | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAST LAKE HOUSING CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3445 PEACHTREE RD NE STE 175 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30326 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582248791 | EIN |
| Primary Activities | REAL ESTATE DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAST LAKE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R PART II | FormAndLineReferenceDesc |
| Explanation | ELHC BOARD IS APPOINTED BY THE BOARD OF ELF. DANIEL SHOY AND LILLIAN GIORNELLI SIT ON THE ELHC BOARD. | ExplanationTxt |
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