Civic Intelligence

Lake Parks Foundation

990 • Fiscal year 2015 • EIN 34-1627858

Jan 01, 2015 to Dec 31, 2015 • Filed on May 31, 2016

29440 RidgeWickliffe, OH 44092

(440) 585-9329

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

50th percentile

0.11x

Higher debt load relative to revenue than 50% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

96th percentile

70%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

61st percentile

4.0%

Faster asset growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-38%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,076,328

Up $41,176 (+4.0%) from 2014

Net Assets

Up

$1,069,969

Up $39,217 (+3.8%) from 2014

Liabilities

Up

$6,359

Up $1,959 (+45%) from 2014

Revenue

Down

$58,303

Down $35,795 (-38%) from 2014

Expenses

Down

$17,577

Down $27,367 (-61%) from 2014

Net Income

Down

$40,726

Down $8,428 (-17%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $858,283Liabilities 2010: $12,866Net Assets 2010: $845,4172010Assets 2011: $915,114Liabilities 2011: $4,925Net Assets 2011: $910,1892011Assets 2012: $992,678Liabilities 2012: $56,431Net Assets 2012: $936,2472012Assets 2013: $970,501Liabilities 2013: $4,818Net Assets 2013: $965,6832013Assets 2014: $1,035,152Liabilities 2014: $4,400Net Assets 2014: $1,030,7522014Assets 2015: $1,076,328Liabilities 2015: $6,359Net Assets 2015: $1,069,9692015Assets 2016: $1,335,555Liabilities 2016: $79,743Net Assets 2016: $1,255,8122016Assets 2017: $1,429,268Liabilities 2017: $15,136Net Assets 2017: $1,414,1322017Assets 2018: $1,352,498Liabilities 2018: $15,000Net Assets 2018: $1,337,4982018Assets 2019: $1,565,864Liabilities 2019: $15,000Net Assets 2019: $1,550,8642019Assets 2020: $984,367Liabilities 2020: $15,000Net Assets 2020: $969,3672020Assets 2021: $1,229,892Liabilities 2021: $15,000Net Assets 2021: $1,214,8922021Assets 2022: $993,789Liabilities 2022: $14,975Net Assets 2022: $978,8142022Assets 2023: $1,130,539Liabilities 2023: $15,530Net Assets 2023: $1,115,0092023Assets 2024: $1,213,149Liabilities 2024: $37,764Net Assets 2024: $1,175,3852024

Highlighted filing

2015

Assets$1,076,328
Liabilities$6,359
Net Assets$1,069,969

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$500K$0-$500K-$1.0MExpenses 2010: $19,4922010Expenses 2011: $8,9422011Expenses 2012: $95,3212012Revenue 2013: $100,473Expenses 2013: $34,233Net Income 2013: $66,2402013Revenue 2014: $94,098Expenses 2014: $44,944Net Income 2014: $49,1542014Revenue 2015: $58,303Expenses 2015: $17,577Net Income 2015: $40,7262015Revenue 2016: $328,294Expenses 2016: $161,953Net Income 2016: $166,3412016Revenue 2017: $183,539Expenses 2017: $12,350Net Income 2017: $171,1892017Revenue 2018: $143,493Expenses 2018: $84,116Net Income 2018: $59,3772018Revenue 2019: $143,300Expenses 2019: $24,249Net Income 2019: $119,0512019Revenue 2020: -$640,732Expenses 2020: $39,024Net Income 2020: -$679,7562020Revenue 2021: $334,060Expenses 2021: $64,217Net Income 2021: $269,8432021Revenue 2022: -$4,281Expenses 2022: $75,155Net Income 2022: -$79,4362022Revenue 2023: $153,639Expenses 2023: $18,611Net Income 2023: $135,0282023Revenue 2024: $35,375Expenses 2024: $15,549Net Income 2024: $19,8262024

Highlighted filing

2015

Revenue$58,303
Expenses$17,577
Net Income$40,726
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 31, 2016
Return Version
2015v2.1
Gross Receipts
$1,061,183
Mission and Program Overview

Mission

To promote the development of parks, recreation, and leisure services in Lake County; to enhance the quality of life in Lake County by preserving land, environment, and natural heritage; and to create significant opportunities by conservation, education, recreation, and relaxation either directly or by contributions to organizations that qualify as exempt organizations under Section 501 (c) (3) of the Internal Revenue Code and its Regulations as they now exist or as they may hereafter be amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$953,875$934,519▼ $19,356
Cash and Non-Interest-Bearing Accounts$14,108$70,741▲ $56,633
Land, Buildings, and Equipment, Net$46,606$46,606→ $0
Investments Other Securities$20,563$21,462▲ $899
Pledges and Grants Receivable$0$3,000▲ $3,000
Savings and Temporary Cash Investments$0--
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,035,152$1,076,328▲ $41,176
Liabilities
Accounts Payable and Accrued Expenses$4,400$6,359▲ $1,959
Total Liabilities$4,400$6,359▲ $1,959
Net Assets / Fund Balance
Temporarily Rstr Net Assets$671,802$681,245▲ $9,443
Unrestricted Net Assets$197,375$227,149▲ $29,774
Permanently Rstr Net Assets$161,575$161,575→ $0
Total Net Assets Fund Balance$1,030,752$1,069,969▲ $39,217
Total Liabilities and Net Assets / Fund Balance$1,035,152$1,076,328▲ $41,176

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$46,606-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$833,377$7,400▲ $15,492$0$842,820
2014$807,828$2,250▲ $59,885$0$833,377
2013$788,033$11,916▲ $38,024$0$807,828
2012$794,280$20,793▲ $63,488$87,863$788,033
2011$715,272$51,525▲ $31,549$1,020$794,280
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin ClintonPresident & Trustee
John Jr AntalovichVice President & Trustee
Loretta DakesSecretary & Trustee
Robert DakesTreasurer & Trustee
John Sr AntalovichTrustee
lisa klammertrustee
paul belangertrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$11,780
Program Service Revenue
$0
Investment Income
$44,777
Other Revenue
$1,746
All Other Contributions
$11,780
Change in Net Assets
$40,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$13,905
Other Expenses$3,672
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$13,605--$13,605
Insurance$0$2,167$0$2,167
Office Expenses$0$905$0$905
Fees for Services Other$0$360$0$360
Grants to Domestic Individuals$300--$300
All Other Expenses$0$240$0$240
Total Functional Expenses$13,905$3,672$0$17,577
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lake Metro ParksConcord, OHgoverment enitypark improvements PG .$10,816
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,900
Fundraising Direct Expenses$3,154
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

John Sr. and John Jr. Antalovich are father and son. Robert and Loretta Dakes are husband and wife.

Form 990, Part VI, Section A, Line 8B

committees must have board approval

Form 990, Part VI, Section B, Line 11B

The preparation of 990 is completed by treasurer who presents 990 for review by the Finance and Governess Committee. Once approved by committee, the 990 is presented to the total governing body for review and approval. once approved the return is signed and e-filed.

Form 990, Part VI, Section B, Line 12C

all transactions are reviewed by trustees and conflict of interest is reviewed and signed

Form 990, Part VI, Section C, Line 19

upon request

Filing and Contact Details

Filer

Filer Name
Lake Parks Foundation
EIN
34-1627858
Phone
4405859329
Address
29440 Ridge, Wickliffe, OH 44092

Signing Officer

Name
Robert Dakes
Title
Treasurer
Phone
4405859329
Signed
2016-05-31

Organization Details

Principal Officer
Robert Dakes
Formed
1989
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
9
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Web-site sevices

Financial Statement Notes

Schedule D, Part V, Line 4

fuds are generally for park capital improvements and for scholarships for local schools. These include paths , streams, educational displays, equipment etc.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/LandBldgEquipBasisNetGrp/BOYAmt046606
IRS990/LandBldgEquipBasisNetGrp/EOYAmt046606
IRS990/LandBldgEquipCostOrOtherBssAmt046606
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0999726
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To promote the development of parks, recreation, and leisure services in Lake County; to enhance the quality of life in Lake County by preserving land, environment, and natural heritage; and to create significant opportunities by conservation, education, recreation, and relaxation either directly or by contributions to organizations that qualify as exempt organizations under Section 501 (c) (3) of the Internal Revenue Code and its Regulations as they now exist or as they may hereafter be amended.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01030752
IRS990/NetAssetsOrFundBalancesEOYAmt01069969
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-33036
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-33036
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01746
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt01746
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1509
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0905
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0905
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0161575
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0161575
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Robert Dakes
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Butterfly exhibit exhibit at PG park. These displays are educational tools for park visitors.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02816
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Scholarships at various parks and out-reach to schools not having funding.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03089
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010865
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt038366
IRS990/PYInvestmentIncomeAmt083233
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06578
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt049154
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt044944
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt094098
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt040726
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.04$1.18$0.04$0.02$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.02$1.12$0.15$0.02$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.01$0.98$0.00$0.08$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.02$1.21$0.33$0.06$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.02$0.97$0.64$0.04$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.02$1.55$0.14$0.02$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.02$1.34$0.14$0.08$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.02$1.41$0.18$0.01$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.08$1.26$0.33$0.16$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.07$0.06$0.02$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.03$0.09$0.04$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.10$0.03$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.06$0.94$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.91$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.01$0.85$0.02