2016-11-15T09:17:41-06:00 2015-12-31 454084437 Warren Averett LLC Six Concourse Parkway Suite 600 Atlanta GA 30328 990 2015-01-01 582204306 EAST LAKE FOUNDATIONINC EAST 4043734351 2606 ALSTON DRIVE ATLANTA GA 30317 DANNY SHOY PRESIDENT 4043734351 2016-11-11 1 Susan Hill P00846200 7703961100 2016-11-09 2015 2017-02-10 21:41:12Z DANIEL SHOY JR 2606 ALSTON DRIVE ATLANTA GA 30317 9480906 0 X www.eastlakefoundation.org X 1995 GA THE EAST LAKE FOUNDATION PROVIDES TOOLS FOR ATLANTA'S EAST LAKE FAMILIES TO BUILD BRIGHTER FUTURES THROUGH QUALITY EDUCATION, AFFORDABLE HOUSING AND CONNECTIONS WITH THE BROADER COMMUNITY. LEARN MORE AT EASTLAKEFOUNDATION.ORG. 15 15 39 847 0 0 12221921 7982698 902565 727979 356807 340134 -111559 -23984 13369734 9026827 11278586 1716199 0 0 1955210 2174313 0 0 740820 3738830 3530985 16972626 7421497 -3602892 1605330 61090411 58213221 10141124 5705394 50949287 52507827 X THE EAST LAKE FOUNDATION PROVIDES TOOLS FOR ATLANTA'S EAST LAKE FAMILIES TO BUILD BRIGHTER FUTURES THROUGH QUALITY EDUCATION, AFFORDABLE HOUSING AND CONNECTIONS WITH THE BROADER COMMUNITY. LEARN MORE AT EASTLAKEFOUNDATION.ORG. 0 0 970026 446540 CHARLIE YATES GOLF COURSE - PROVIDED GOLF INSTRUCTION TO OVER 800 CHILDREN OF THE EAST LAKE COMMUNITY. 174781 174781 OTHER 501(C)(3) ORGANIZATION GRANTS AND ALLOCATIONS FOR THE COMMUNITY (SEE SCHEDULE I). 3949064 1541418 268026 STUDENT SUPPORT PROGRAM - PROVIDED AFTER SCHOOL PROGRAMS AND ADMINISTRATIVE SUPPORT TO STUDENTS OF DREW CHARTER SCHOOL AND EAST LAKE COMMUNITY. 775671 70252 Residency Community and Drew Charter School Support 775671 70252 5869542 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 47 0 39 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 1 1 1 0 0 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 GA X Catherine Woodling 4043734351 2606 Alston Dr ATLANTA GA 30317 ALEX ROBERTSON BOARD MEMBER 1.00 X 0 0 0 CHERYL LOMAX BOARD MEMBER 1.00 X 0 0 0 CHRIS WOMACK BOARD MEMBER 1.00 X 0 0 0 DOUG HERTZ BOARD MEMBER 1.00 X 0 0 0 DR JAMES DON EDWARDS BOARD MEMBER 1.00 X 0 0 0 J ALEXANDER M DOUGLAS JR BOARD MEMBER 1.00 X 0 0 0 JOHN R FRAZER BOARD MEMBER 1.00 X 0 0 0 LAWRENCE M SCHALL CHAIRMAN 1.00 X X 0 0 0 Lillian Cousins Giornelli Vice Chairman 1.00 X X 0 0 0 MARK LAZARUS BOARD MEMBER 1.00 X 0 0 0 RAY M ROBINSON BOARD MEMBER 1.00 X 0 0 0 RICHARD W COURTS IV BOARD MEMBER 1.00 X 0 0 0 ROBERT L JOHNSTON BOARD MEMBER 1.00 X 0 0 0 THOMAS G COUSINS BOARD MEMBER 1.00 X 0 0 0 WILLIAM PATE BOARD MEMBER 1.00 X 0 0 0 BRIAN P WILLIAMS TREASURER 1.00 X 0 0 0 DANIEL SHOY JR PRESIDENT 40.00 X 174193 0 39325 Rhonda Fischer SECRETARY 40.00 X 136315 0 30774 Catherine H Woodling Secretary 40.00 X 134916 0 30458 445424 0 100557 3 0 1 0 0 456379 7526319 138722 7982698 Golf Revenue 713910 446540 446540 AFTER SCHOOL FEES 611600 268026 268026 RESIDENCY & COMMUNITY 611600 13413 13413 727979 339080 339080 59429 58375 1054 1054 1054 288380 456379 369203 -80823 -80823 52671 26501 26170 26170 MISCELLANEOUS INCOME 900099 30669 30669 30669 9026827 784818 0 259311 1716199 1716199 545981 213578 225644 106759 1270893 827670 261511 181712 61558 46784 4503 10271 183788 140069 12968 30751 112093 68301 24144 19648 6641 6641 70205 70205 450 150 300 345033 216818 4930 123285 43469 1302 42167 154489 86655 46307 21527 229151 69259 59892 100000 31810 20838 6493 4479 15220 7152 7499 569 25180 25180 378157 360284 17873 28531 28531 Student Support Program 1206084 1206084 Golf Course Operating E 709012 709012 Prizes & Awards 81877 72114 604 9159 Meals & Entertainment 77069 40835 21510 14724 128607 41258 11580 75769 7421497 5869542 811135 740820 4610649 5029589 1831740 4469044 11290219 5135508 417992 1159978 32598679 32453200 9836 30700 1600 10741 15340780 5641937 10058598 9698843 268175 222695 2923 2923 61090411 58213221 463089 359011 5862035 3967880 3816000 1316000 0 62503 10141124 5705394 X 37202865 37281179 13746422 15226648 50949287 52507827 61090411 58213221 1605330 -46790 0 X 0 1 X 1 0 X 5435573 25329239 20891771 12208548 7986644 71851775 5435573 25329239 20891771 12208548 7986644 71851775 32526225 39325550 42689 43187 81001 356078 339080 862035 44154 2147 167253 25257 30669 269480 72983290 4175499 0.53880 0.52430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4486645 4486645 10053662 5075400 4978262 800473 566537 233936 9698843 Due to Affiliated Party 62503 62503 X 9006538 -46790 26501 -20289 9026827 0 9026827 7447998 26501 26501 7421497 0 7421497 Part X, Line 2: Management does not believe there are any uncertain tax positions as defined by FASB ASC 740, Income Taxes. The Foundation could be subject to income tax examinations for its U.S. federal tax filings for the current tax year and previous filings for years 2014, 2013, and 2012 still open under the statute of limitations. Part XI, Line 2d - Other Adjustments: COGS NETTED FROM MERCHANDISE SALES ON 990 26,501. Part XII, Line 2d - Other Adjustments: COGS NETTED FROM MERCHANDISE SALES ON 990 26,501. GOLF INVITATIONAL 481395 287229 194166 25000 259255 Auction 168950 99045 69905 74755 5 94414 70105 24309 343 8203 600 1047 744759 456379 288380 25343 267458 600 75802 369203 -80823 1 ATLANTA SPEECH SCHOOL 3160 NORTHSIDE PARKWAY ATLANTA GA 30327 580566198 3 85000 OPERATIONAL SUPPORT College Advising Corps 301 W Barbee Chapel Road Ste 210 Chapel Hill NC 27517 461192687 3 45000 Operational Support DREW CHARTER SCHOOL 301 EAST LAKE BOULEVARD ATLANTA GA 30317 582528098 3 706551 OPERATIONAL SUPPORT YMCA OF METROPOLITAN ATLANTA 275 East Lake Boulevard SE ATLANTA GA 30317 580566253 3 10000 Operational Support EDUCATIONAL HOLDINGS FOUNDATION 3445 PEACHTREE RD NE SUITE 175 ATLANTA GA 30326 462564773 3 164781 OPERATIONAL SUPPORT GEORGIA STATE UNIVERSITY SCHOOL OF MUSIC ATLANTA GA 30302 586033185 3 510302 OPERATIONAL SUPPORT Odyssey Family Counseling 3355 Lenox Road NE 600 AtlANTA GA 30337 581295404 3 65000 OPerational Support SHELTERING ARMS 385 CENTENNIAL OLYMPIC PARK DRIVE ATLANTA GA 30313 580566236 3 129565 OPERATIONAL SUPPORT 8 Part I, Line 2: The East Lake Foundation 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 Foundation'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. X X 0 0 0 0 0 0 0 1 0 DANIEL SHOY JR PRESIDENT 142063 0 32130 0 0 0 9846 0 29479 0 213518 0 0 0 Rhonda Fischer SECRETARY 123955 0 12360 0 0 0 7705 0 23069 0 167089 0 0 0 Catherine H Woodling Secretary 122736 0 12180 0 0 0 7626 0 22832 0 165374 0 0 0 Part I, Line 7 DISCRETIONARY BONUSES ARE AWARDED TO OFFICERS BASED ON PERFORMANCE EACH YEAR. SUCH AMOUNTS ARE INCLUDED IN COMPENSATION FOR OFFICERS ON THE FORM 990. X 2 38967 FAIR MARKET VALUE X AUCTION ITEMS 37 74755 FAIR MARKET VALUE X AIRLINE TICKETS 1 25000 FAIR MARKET VALUE 0 1 0 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 3 MANAGEMENT OF CHARLIE YATES GOLF COURSE TO THE EAST LAKE GOLF CLUB (CFF). Form 990, Part VI, Section A, line 4 DURING THE YEAR EAST LAKE FOUNDATION ADDED A BOARD MEMBER EMERITUS POSITION WHICH CAUSED A CHANGE IN THE ORGANIZATIONAL DOCUMENTS. Form 990, Part VI, Section A, line 7a CF FOUNDATION APPOINTS HALF LESS ONE OF THE BOARD MEMBERS, AND THOSE MEMBERS APPOINT THE OTHER BOARD MEMBERS. Form 990, Part VI, Section B, line 11 THE RETURN WAS REVEWED BY THE ORGANIZATION'S FINANCE AND AUDIT COMMITTEE AND GIVEN TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. THE BOARD AND COMMITTEE MEMBERS WHO HAVE REVIEWED THE RETURN ARE NOT TAX PROFESSIONALS AND DO NOT HAVE THE EXPERTISE, KNOWLEDGE, OR EXPERIENCE TO PERSONALLY DETERMINE IF SPECIFIC INFORMATION REPORTED IN THE RETURN IS DERIVED AND PRESENTED CORRECTLY PURSUANT TO RELEVANT LAWS AND REGULATIONS. Form 990, Part VI, Section B, line 12c East Lake Foundation sends out a questionnaire annually to all Board members to complete, detailing any related party issues. All questionnaires have been historically returned to the organization. Form 990, Part VI, Section B, line 15 A SALARY SURVEY IS COMPLETED EACH YEAR FOR ALL OFFICERS TO ENSURE COMPENSATION IS IN LINE WITH SIMILAR 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. EAST LAKE HOUSING CORP 2606 ALSTON DRIVE ATLANTA GA 30317 582248791 REAL ESTATE DEVELOPMENT GA 501(c)(3) Line 9 EAST LAKE FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE R PART II EAST LAKE FOUNDATION, INC.'S TREASURER IS THE TREASURER OF EAST LAKE HOUSING CORP.