LOST LAKE RUN INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
LOST LAKE RUN INC (EIN 20-5812503)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-14
IRS object ID
201603199349307140
Schema version
2015v2.1
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

FieldValueIRS element (for citing)
Return2016-11-14T13:54:15-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN920127962PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STEVENS GROUP CPAS APCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1471 W 36TH AVENUE STE 202AddressLine1Txt
CityANCHORAGECityNm
State AbbreviationAKStateAbbreviationCd
ZIP99503ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205812503EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOST LAKE RUN INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLOSTBusinessNameControlTxt
Phone9075633474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 241367AddressLine1Txt
CityANCHORAGECityNm
State AbbreviationAKStateAbbreviationCd
ZIP995241367ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICK K SIMPSONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9075633474PhoneNum
Signature2016-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEAN P MCVEY CPAPreparerPersonNm
PTINP00167891PTIN
Phone9075623968PhoneNum
Preparation2016-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPATRICK K SIMPSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 241367AddressLine1Txt
CityANCHORAGECityNm
State AbbreviationAKStateAbbreviationCd
ZIP99524ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$229,681GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LOSTLAKERUN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateAKLegalDomicileStateCd
Activity Or MissionTO RAISE PUBLIC AWARENESS OF CYSTIC FIBROSIS AND PROVIDE FINANCIAL SUPPORT FOR CYSTIC FIBROSIS PROGRAMS BY SPONSORING AN ANNUAL RUNNERS' RACE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$189,499CYOtherRevenueAmt
CY Total Revenue$189,499CYTotalRevenueAmt
CY Grants And Similar Paid$185,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$650CYTotalFundraisingExpenseAmt
CY Other Expenses$6,056CYOtherExpensesAmt
CY Total Expenses$191,056CYTotalExpensesAmt
CY Revenues Less Expenses-$1,557CYRevenuesLessExpensesAmt
Total Assets BOY$6,606TotalAssetsBOYAmt
Total Assets EOY$5,049TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,606NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,049NetAssetsOrFundBalancesEOYAmt
MissionTO RAISE PUBLIC AWARENESS OF CYSTIC FIBROSIS AND PROVIDE FINANCIAL SUPPORT FOR CYSTIC FIBROSIS PROGRAMS BY SPONSORING AN ANNUAL RUNNERS' RACE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$185,000ExpenseAmt
Grant$185,000GrantAmt
Revenue$189,500RevenueAmt
DescPROVIDED FINANCIAL SUPPORT FOR THE CYSTIC FIBROSIS FOUNDATION.Desc
Total Program Service Expenses$185,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPATRICK SIMPSONPersonNm
Phone9075633474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 241367AddressLine1Txt
CityANCHORAGECityNm
State AbbreviationAKStateAbbreviationCd
ZIP99524ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MARSHA VINCENT
DIRECTOR1.00Yes (X)$0$0$0
SABRINA WALKER
DIRECTOR1.00Yes (X)$0$0$0
PATRICK K SIMPSON
PRESIDENT8.00$0$0$0Yes (X)
CHRISTALYN M SIMPSON
TREASURER1.00$0$0$0Yes (X)
JENNIFER LINDSEY
SECRETARY1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising Gross Income$229,681FundraisingGrossIncomeAmt
Fundraising Direct Expenses$40,182FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$189,499TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$189,499TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$185,000TotalAmt
Program Services$185,000ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OUTSIDE CONTRACT SERVICES$4,442$4,442
ADVERTISING$650$650
OPERATIONS - WEB SITE$506$506
OPERATIONS - TELEPHONE, T$408$408

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$50TotalAmt
Management And General$50ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$191,056TotalAmt
Program Services$185,000ProgramServicesAmt
Management And General$5,406ManagementAndGeneralAmt
Fundraising$650FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,606BOYAmt
EOY$5,049EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,606BOYAmt
EOY$5,049EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,606BOYAmt
EOY$5,049EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,606BOYAmt
EOY$5,049EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,606BOYAmt
EOY$5,049EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,557ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,011CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$675CurrentTaxYearMinus3YearsAmt
Current Tax Year$1,617CurrentTaxYearAmt
Total$8,303TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$127,854CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$148,057CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$147,732CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$212,038CurrentTaxYearMinus1YearAmt
Current Tax Year$228,064CurrentTaxYearAmt
Total$863,745TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$133,865CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$148,732CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$147,732CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$212,038CurrentTaxYearMinus1YearAmt
Current Tax Year$229,681CurrentTaxYearAmt
Total$872,048TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$5,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$255CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,015CurrentTaxYearMinus1YearAmt
Current Tax Year$17,434CurrentTaxYearAmt
Total$36,704TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$5,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$255CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,015CurrentTaxYearMinus1YearAmt
Current Tax Year$17,434CurrentTaxYearAmt
Total$36,704TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$835,344PublicSupportTotal509Amt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$3,000CurrentTaxYearMinus1YearAmt
Total$3,000TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$133,865CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$148,732CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$147,732CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$215,038CurrentTaxYearMinus1YearAmt
Current Tax Year$229,681CurrentTaxYearAmt
Total$875,048TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.95460PublicSupportCY509Pct
Public Support PY5090.97150PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART III, LINE 12FormAndLineReferenceDesc
ExplanationSALE OF A SUPPLIES TRAILER (2014) 3,000ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1LOST LAKE RUNEvent1Nm
Gross Receipts Event1$229,681GrossReceiptsEvent1Amt
Gross Revenue Event1$229,681GrossRevenueEvent1Amt
Other Direct Expenses Event1$40,182OtherDirectExpensesEvent1Amt
Gross Receipts Total$229,681GrossReceiptsTotalAmt
Gross Revenue Total Events$229,681GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$40,182OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$40,182DirectExpenseSummaryEventsAmt
Net Income Summary$189,499NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CYSTIC FIBROSIS FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1645 G STREET SUITE 100AddressLine1Txt
CityANCHORAGECityNm
State AbbreviationAKStateAbbreviationCd
ZIP99501ZIPCd
FieldValueIRS element (for citing)
Recipient EIN131930701RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$185,000CashGrantAmt
Purpose Of GrantCYSTIC FIBROSISPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE PRESIDENT REVIEWS THE FORM 990 WITH THE ORGANIZATION'S TAX PREPARER TO DETERMINE THAT ALL REPORTING REQUIREMENTS HAVE BEEN MET AND THAT THE RETURN IS ACCURATE.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL INFORMATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST AS DISCLOSED IN THE ORGANIZATION'S WEBSITE.

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