2014-11-17T16:18:29-06:00 2013-12-31 454084437 WARREN AVERETT LLC SIX CONCOURSE PARKWAY STE 600 ATLANTA GA 30328 990 2013-01-01 582204306 EAST LAKE FOUNDATIONINC EAST 4043734351 2606 ALSTON DRIVE ATLANTA GA 30317 DANNY SHOY PRESIDENT 4043734351 2014-11-17 1 RACHEL M SKYPEK P00966186 7703961100 2014-11-17 2013 2015-11-30 17:44:51Z DANNY SHOY 2606 ALSTON DRIVE ATLANTA GA 30317 47629005 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 38 556 0 0 25329239 20891771 901315 829908 27143 10638255 -66161 -25426 26191536 32334508 4404600 20275622 0 0 1325529 1651778 2852 0 839474 3132192 3112657 8865173 25040057 17326363 7294451 53653420 61723487 6253660 7197446 47399760 54526041 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 1005878 448846 CHARLIE YATES GOLF COURSE - PROVIDED GOLF INSTRUCTION TO OVER 800 CHILDREN OF THE EAST LAKE COMMUNITY. 19719081 19719081 OTHER 501(C)(3) ORGANIZATION GRANTS AND ALLOCATIONS FOR THE COMMUNITY (SEE SCHEDULE I). 2196760 556541 228987 STUDENT SUPPORT PROGRAM - PROVIDED BEFORE & AFTER SCHOOL PROGRAMS AND ADMINISTRATIVE SUPPORT TO STUDENTS OF DREW CHARTER SCHOOL AND EAST LAKE COMMUNITY. 649967 152075 DREW CHARTER SCHOOL MANAGEMENT REVENUE 141,784RESIDENCY COMMUNITY REVENUE 10,291TOTAL REVENUE 152,075 DREW CHARTER SCHOOL MANAGEMENT EXPENSES 384,155RESIDENCY COMMUNITY EXPENSES 251,860OTHER PROGRAM EXPENSES 13,952TOTAL EXPENSES 649,967 649967 152075 23571686 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 1 1 1 1 0 0 0 1 56 0 38 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 LAURA WHITAKER 4042334339 3445 PEACHTREE ROAD NE SUITE 175 ATLANTA GA 30326 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 2000 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 52500 0 0 LILLIAN COUSINS GIORNELLI VICE CHAIRMAN 4.00 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 40.00 X 135495 0 28863 BRITTANY GLEN MOLINARO SECRETARY 40.00 X 89386 0 19041 CYNTHIA KURCZEWSKI SECRETARY 40.00 X 93074 0 19826 DANNY SHOY PRESIDENT 40.00 X 137383 0 29265 GREGORY GIORNELLI PRESIDENT/EXEC. DIR. 0.00 40.00 X 108493 0 818 AMY MACKLIN DEVELOPMENT 40.00 X 115356 0 24573 733687 0 122386 4 0 1 0 JE DUNN CONSTRUCTION CO 800 MOUNT VERNON HIGHWAY NE SUITE ATLANTA GA 30328 CONSTRUCTION 5221022 PERKINS & WILL 1315 PEACHTREE STREET ATLANTA GA 30309 ARCHITECT 604756 ALSTON & BIRD 1201 WEST PEACHTREE STREET ATLANTA GA 30309 LEGAL 153724 3 414252 959600 19517919 200625 20891771 GOLF REVENUE 713910 448846 448846 AFTER SCHOOL FEES 611600 228987 228987 DREW CHARTER SCHOOL MANAGEMENT 900099 141784 141784 RESIDENCY & COMMUNITY SUPPORT 611600 10291 10291 829908 81001 81001 1541332 23997603 1196136 13785545 345196 10212058 10557254 10212058 345196 198503 414252 285207 -86704 -86704 63418 27609 35809 35809 MISCELLANEOUS INCOME 900099 25469 25469 25469 32334508 11103244 0 339493 20275622 20275622 856073 471089 188430 196554 573214 448942 56530 67742 33476 26919 3022 3535 99886 80321 9019 10546 89129 63070 9068 16991 5378 5378 74245 74245 450 150 300 376575 147743 72355 156477 65035 1308 63727 164346 87128 50711 26507 79961 33483 44946 1532 27240 18056 3839 5345 7097 3465 178 3454 549298 514904 34394 54059 54059 GOLF COURSE OPERATING E 751162 751162 DREW CHARTER SCHOOL EXP 384029 384029 STUDENT SUPPORT PROGRAM 207834 207834 UNIFORMS 119947 4328 2210 113409 246001 52133 20213 173655 25040057 23571686 628897 839474 1143991 3732634 13570698 1797700 11879917 14745563 237501 239267 333864 32751582 15813 13121 9004 21423 13245417 5066985 24854208 8178432 1605501 240842 2923 2923 53653420 61723487 305849 496447 3670319 2389690 2277492 4311309 6253660 7197446 X 25758214 36676609 21641546 17849432 47399760 54526041 53653420 61723487 7294451 -168170 0 X 0 1 X 1 0 X 2630455 1495408 5435573 25329239 20891771 55782446 2630455 1495408 5435573 25329239 20891771 55782446 22808681 32973765 66904 50116 42689 43187 81001 283897 1373 433 44154 2147 167253 215360 56281703 26656233 0.58590 0.48680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2426614 2426614 10052502 4504498 5548004 766301 562487 203814 8178432 CAPITAL LEASE PAYABLE 1328 NOTES PAYABLE 4309981 4311309 X 32202627 -168170 36289 -131881 32334508 0 32334508 25076346 36289 36289 25040057 0 25040057 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 2012, 2011, AND 2010 STILL OPEN UNDER THE STATUTE OF LIMITATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL SPECIAL EVENT DIRECT EXPENSE 8,680. COGS NETTED FROM MERCHANDISE SALES ON 990 27,609. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL SPECIAL EVENT DIRECT EXPENSE 8,680. COGS NETTED FROM MERCHANDISE SALES ON 990 27,609. GOLF INVITATIONAL 467100 335652 131448 25000 175902 8680 GOLF AUCTION 145655 78600 67055 75625 612755 414252 198503 100625 175902 8680 285207 -86704 1 SHELTERING ARMS 385 CENTENNIAL OLYMPIC PARK DRIVE ATLANTA GA 30313 580566236 3 80000 OPERATIONAL SUPPORT DREW CHARTER SCHOOL 301 EAST LAKE BOULEVARD ATLANTA GA 30317 582528098 3 50000 OPERATIONAL SUPPORT ATLANTA SPEECH SCHOOL 3160 NORTHSIDE PARKWAY ATLANTA GA 30327 580566198 3 85000 OPERATIONAL SUPPORT GEORGIA STATE UNIVERSITY OFFICE OF FINANCIAL AID ATLANTA GA 30302 586033185 3 149028 OPERATIONAL SUPPORT YMCA OF METROPOLITAN ATLANTA 100 EDGEWOOD AVE NE ATLANTA GA 30303 580566253 3 10000 OPERATIONAL SUPPORT SOUTHEASTERN HORTICULTURAL SOCIETY 1705 COMMERCE DR NW ATLANTA GA 30318 582065243 3 300000 OPERATIONAL SUPPORT EDUCATIONAL HOLDINGS FOUNDATION 3445 PEACHTREE RD NE SUITE 175 ATLANTA GA 30326 462564773 3 19627481 OPERATIONAL SUPPORT 7 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 BRIAN P WILLIAMS TREASURER 123195 0 12300 0 0 0 7245 0 21618 0 164358 0 0 0 DANNY SHOY PRESIDENT 127383 0 10000 0 0 0 7346 0 21919 0 166648 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 5 100000 FAIR MARKET VALUE X AUCTION ITEMS 43 75625 FAIR MARKET VALUE X AIRLINE TICKE 1 25000 FAIR MARKET VALUE 0 1 0 CHARLIE YATES GOLF COURSE LAND 2013-07-01 14000000 SALE PROCEEDS 461801317 EDUCATIONAL REAL ESTATE LLC 3445 PEACHTREE STREET NE ATLANTA GA 30326 501(C)(3) CHARLES R. DREW CHARTER SCHOOL 2013-07-01 10000000 SALE PROCEEDS THE BOARD OF EDUCATION OF THE CITY OF ATLANTA 130 TRINITY AVE ATLANTA GA 30303 501(C)(3) 1 0 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: LAWRENCE SCHALL AND LILLIAN GIORNELLI PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: ALL OF THESE DIRECTORS ARE ALSO DIRECTORS OF EDUCATIONAL HOLDINGS FOUNDATION, INC. WHICH OWNS 100% OF THE TRANSFEREE ORGANIZATION EDUCATIONAL REAL ESTATE, LLC. 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 2 THOMAS G. COUSINS - BOARD MEMBER GREGORY GIORNELLI - EXECUTIVE DIRECTOR FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 2 GREGORY GIORNELLI - EXECUTIVE DIRECTOR 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 EAST LAKE FOUNDATION, INC. AMENDED ITS BYLAWS TO CHANGE THE NUMBER OF BOARD DIRECTORS THAT ARE APPOINTED BY CF FOUNDATION. 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. EDUCATIONAL REAL ESTATE LLC 3445 PEACHTREE STREET NE ATLANTA GA 30326 461801317 REAL ESTATE DEVELOPMENT GA EAST LAKE FOUNDATION EAST LAKE HOLDINGS INC 3445 PEACHTREE ROAD NE SUITE 465 ATLANTA GA 30326 582132518 HOLDING COMPANY GA 501(C)(2) 0 EAST LAKE HOUSING CORP 2606 ALSTON DRIVE ATLANTA GA 30317 582248791 REAL ESTATE DEVELOPMENT GA 501(C)(3) LINE 9 EAST LAKE FOUNDATION 1 EAST LAKE SHOPPING CENTER INC 3445 PEACHTREE ROAD NE SUITE 175 ATLANTA GA 30326 582374826 HOLDING COMPANY GA 501(C)(2) 0 CF FOUNDATION INC 3445 PEACHTREE ROAD NE SUITE 175 ATLANTA GA 30326 581743909 SUPPORTING ORGANIZATION GA 501(C)(3) LINE 11A, I 0 EAST LAKE GOLF CLUB INC 275 ALSTON DRIVE ATLANTA GA 30306 GOLF CLUB GA C 0 0 0 1 0 1 0 1 0 0 0 1 0 1 1 1 1 1 1 0 CF FOUNDATION INC C 959600 CASH RECEIVED CF FOUNDATION INC P 161673 CASH PAID CF FOUNDATION INC R 1857674 CASH PAID EAST LAKE GOLF CLUB INC P 127563 CASH PAID SCHEDULE R PART II EAST LAKE FOUNDATION, INC.'S TREASURER IS THE TREASURER OF EAST LAKE HOUSING CORP. CF FOUNDATION, INC. APPOINTS HALF LESS ONE OF THE EAST LAKE FOUNDATION BOARD. SCHEDULE R PART V EAST LAKE FOUNDATION, INC. KEEPS THE BOOKS AND RECORDS FOR EAST LAKE HOUSING CORP., INC. THE VALUE OF THESE SERVICES HAS BEEN ESTIMATED AND HAS NOT BEEN REFLECTED IN THE ACCOUNTING RECORDS.