Civic Intelligence

Lakeshore Park Conservancy

990 • Fiscal year 2024 • EIN 62-1648241

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 08, 2025

PO Box 10244Knoxville, TN 37939-0244

(865) 215-1722

Siviq Scores

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

Liabilities / Assets

29th percentile

0.06x

Higher debt load relative to assets than 29% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.18x

Higher debt load relative to revenue than 38% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

97th percentile

88%

Higher net margin than 97% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

92nd percentile

41%

Faster asset growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$48,661,049

Up $14,116,939 (+41%) from 2023

Net Assets

Up

$45,728,757

Up $14,262,507 (+45%) from 2023

Liabilities

Down

$2,932,292

Down $145,568 (-4.7%) from 2023

Revenue

Up

$16,208,242

Up $2,753,723 (+20%) from 2023

Expenses

Up

$1,945,735

Up $1,589,294 (+446%) from 2023

Net Income

Up

$14,262,507

Up $1,164,429 (+8.9%) from 2023

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $438,386Liabilities 2011: $0Net Assets 2011: $438,3862011Assets 2012: $449,033Liabilities 2012: $02012Assets 2013: $435,615Liabilities 2013: $02013Assets 2014: $440,891Liabilities 2014: $02014Assets 2015: $1,603,811Liabilities 2015: $374,718Net Assets 2015: $1,229,0932015Assets 2016: $15,417,544Liabilities 2016: $24,902Net Assets 2016: $15,392,6422016Assets 2017: $19,516,408Liabilities 2017: $829,708Net Assets 2017: $18,686,7002017Assets 2018: $19,942,994Liabilities 2018: $680,925Net Assets 2018: $19,262,0692018Assets 2019: $7,955,562Liabilities 2019: $798,556Net Assets 2019: $7,157,0062019Assets 2020: $7,406,449Liabilities 2020: $145,403Net Assets 2020: $7,261,0462020Assets 2021: $18,438,448Liabilities 2021: $289,846Net Assets 2021: $18,148,6022021Assets 2022: $19,542,630Liabilities 2022: $1,189,443Net Assets 2022: $18,353,1872022Assets 2023: $34,544,110Liabilities 2023: $3,077,860Net Assets 2023: $31,466,2502023Assets 2024: $48,661,049Liabilities 2024: $2,932,292Net Assets 2024: $45,728,7572024Assets 2025: $17,139,754Liabilities 2025: $135,589Net Assets 2025: $17,004,1652025

Highlighted filing

2024

Assets$48,661,049
Liabilities$2,932,292
Net Assets$45,728,757

Operations Trend

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

$40M$20M$0-$20M-$40MRevenue 2011: $560,285Expenses 2011: $525,487Net Income 2011: $34,7982011Revenue 2012: $25,468Expenses 2012: $14,821Net Income 2012: $10,6472012Revenue 2013: $393Expenses 2013: $13,811Net Income 2013: -$13,4182013Revenue 2014: $102,986Expenses 2014: $97,710Net Income 2014: $5,2762014Revenue 2015: $861,344Expenses 2015: $73,142Net Income 2015: $788,2022015Revenue 2016: $1,768,710Expenses 2016: $1,546,468Net Income 2016: $222,2422016Revenue 2017: $3,407,162Expenses 2017: $113,104Net Income 2017: $3,294,0582017Revenue 2018: $797,915Expenses 2018: $222,546Net Income 2018: $575,3692018Revenue 2019: $549,994Expenses 2019: $12,655,057Net Income 2019: -$12,105,0632019Revenue 2020: $361,035Expenses 2020: $256,995Net Income 2020: $104,0402020Revenue 2021: $11,135,342Expenses 2021: $247,786Net Income 2021: $10,887,5562021Revenue 2022: $6,010,930Expenses 2022: $5,806,345Net Income 2022: $204,5852022Revenue 2023: $13,454,519Expenses 2023: $356,441Net Income 2023: $13,098,0782023Revenue 2024: $16,208,242Expenses 2024: $1,945,735Net Income 2024: $14,262,5072024Revenue 2025: $6,366,555Expenses 2025: $35,091,147Net Income 2025: -$28,724,5922025

Highlighted filing

2024

Revenue$16,208,242
Expenses$1,945,735
Net Income$14,262,507
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 8, 2025
Return Version
2023v6.0
Gross Receipts
$18,280,822
Mission and Program Overview

Mission

Development, construction, and operation of park, including construction of facilities in accordance with the corporation's community objective of providing public recreation facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,463,088$4,035,821▲ $1,572,733
Pledges and Grants Receivable$7,326,097$3,301,064▼ $4,025,033
Savings and Temporary Cash Investments$852,054$1,095,631▲ $243,577
Investments in Publicly Traded Securities$1,007,640--
Land, Buildings, and Equipment, Net$143,474$140,302▼ $3,172
Total Assets$34,544,110$48,661,049▲ $14,116,939
Other Assets Total$22,751,757$40,088,231▲ $17,336,474
Liabilities
Other Liabilities$848,501$1,617,356▲ $768,855
Accounts Payable and Accrued Expenses$2,229,359$1,314,936▼ $914,423
Total Liabilities$3,077,860$2,932,292▼ $145,568
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,609,096$39,951,675▲ $16,342,579
Net Assets With Donor Restrictions$7,857,154$5,777,082▼ $2,080,072
Total Net Assets Fund Balance$31,466,250$45,728,757▲ $14,262,507
Total Liabilities and Net Assets / Fund Balance$34,544,110$48,661,049▲ $14,116,939

Asset Categories

AssetBook ValueDepreciationBasis
Land$101,004-$101,004
Equipment$39,298$40,431$79,729
Other Assets Org$30,968--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan B HaslamChairman & P
Indya KincannonDirector
James a HaslamiiiDirector
Joe ArmstrongDirector
Margaret RitchieDirector
Thomas N McadamsSecretary/tr
Charles Anderson JrVice Preside
L Caesar StairiiiVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Denark Construction INCConstruction1635 WESTERN AVENUE, Knoxville, TN 37921$15,275,623
Great Southern RecreationPlayground Eqp.2441Q OLD FORT PARKWAY 462, Murfreesboro, TN 37128$1,385,206
Nelsonbyrdwoltz Landscaping ArchitDesign Work310 EAST MARKET STREET, Charlottesville, VA 22902$863,201
Partners DevelopmentProject Mgmt520 W SUMMIT HILL DRIVE SW 603, Knoxville, TN 37902$296,070
Gropen INCSignage1766 SCOTTSVILLE RD A, Charlottesville, VA 22902$140,575
Revenue and Support

Revenue Composition

Contributions and Grants
$16,059,734
Program Service Revenue
$0
Investment Income
$-8,448
Other Revenue
$156,956
All Other Contributions
$13,848,865
Change in Net Assets
$14,262,507

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,208,242
Revenue Not Reported on Form 990
$44,542
Total Revenue per Audited Statements
$16,252,784
Total Revenue per Form 990
$16,208,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,449,420
Salaries, Compensation, and Employee Benefits$324,726
Other Expenses$171,589
Total Fundraising Expense$29,878
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,449,420--$1,449,420
Other Salaries and Wages$180,996$80,923$25,249$287,168
Fees for Services Accounting-$30,083-$30,083
Advertising-$26,221-$26,221
Payroll Taxes$13,129$4,534$3,157$20,820
Other Employee Benefits$10,549$4,717$1,472$16,738
Other Expenses$24,997$12,902-$12,902
Office Expenses-$11,882-$11,882
Insurance-$10,439-$10,439
Depreciation Depletion-$9,654-$9,654
Total Functional Expenses$1,724,502$191,355$29,878$1,945,735

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,990,277
Expenses per Audited Statements$1,945,735
Total Expenses per Form 990$1,945,735
Expenses Not Reported on Form 990$44,542
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of KnoxvilleKnoxville, TNGovRecreation-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,546
Fundraising Direct Expenses$17,375
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Picnic in the P$72,054$28,852$9,811$19,041
Light Up Lakesh$56,430$2,694$7,564$-4,870
Total Events$128,484$31,546$17,375$14,171
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Construction Retainage Payable$1,588,271
Rental Security Deposits$29,085
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

James a haslam iii susan b. Haslam director president husband and wife

Form 990, Page 6, Part VI, Line 11B

Information is gathered by laura davis who provided bookkeeping services for lakeshore park conservancy. Responses to operational and organizational inquiries from the return preparers are typically reviewed by thomas n. Mcadams a director and secretary/treasurer of lakeshore park conservancy. Ms. Davis and mr. Mcadams review the initial draft of the form and communicates with the return preparers in regard to any changes. The final version of the form is forwarded to the board of directors and to the city of knoxville.

Form 990, Page 6, Part VI, Line 12C

The corporation does not engage in any transactions involving payment of compensation or other consideration to any entity in which a director, officer, or other key person is involved. All products and services provided by directors, officers, or key people are donated to the organization. With the absence of any payments to, or contractual relationships with directors, officers, and key people, compliance with the policy can be continuously monitored.

Form 990, Page 6, Part VI, Line 19

All governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lakeshore Park Conservancy
EIN
62-1648241
Phone
8652151722
Address
PO BOX 10244, KNOXVILLE, TN 37939-0244

Signing Officer

Name
Thomas N Mcadams
Title
Secretary/treasurer
Phone
8655468030
Signed
2025-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas N Mcadams
Formed
1996
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
30

Preparer

Firm
Brown Jake & Mcdaniel Pc
Address
2607 KINGSTON PIKE SUITE 110, KNOXVILLE, TN 37919-3336
Preparer
James E Booher CPA
Phone
8656378600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The corporation had six employees during the year and all other direct services are provided by volunteers, including general governance; management of relationships with the city of knoxville and the state of tennessee; oversight of knox youth sports, inc., knoxville football club and ayso 279 which manage the athletic fields at the park; development of marketing and funding plans; and development and implementation of plans for additional park improvements.

Form 990, Part XI, Line 9

Special events expenses 17,375 loss on sale of stock 27,167 special events expenses -17,375 loss on sale of stock -27,167

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and did not conduct any unrelated business activities. Therefore, the organization has made no provision for federal income taxes in the accompanying financial statements. The organization's forms 990 are subject to examination by the taxing authorities. No periods are under examination, and open return years per statute are for the fiscal years ended june 30, 2021 through june 30, 2024.

Schedule D, Page 4, Part XI, Line 2D

Special events expenses 17,375 loss on sale of stock 27,167

Schedule D, Page 4, Part XII, Line 2D

Special events expenses 17,375 loss on sale of stock 27,167

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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/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02028038
IRS990/GrossReceiptsAmt018280822
IRS990/GrossRentsGrp/RealAmt0142514
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt010439
IRS990/InsuranceGrp/TotalAmt010439
IRS990/InvestmentIncomeGrp/ExclusionAmt018719
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018719
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01007640
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040431
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0143474
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0140302
IRS990/LandBldgEquipCostOrOtherBssAmt0180733
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02055205
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DEVELOPMENT, CONSTRUCTION, AND OPERATION OF PARK, INCLUDING CONSTRUCTION OF FACILITIES IN ACCORDANCE WITH THE CORPORATION'S COMMUNITY OBJECTIVE OF PROVIDING PUBLIC RECREATION FACILITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt031466250
IRS990/NetAssetsOrFundBalancesEOYAmt045728757
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-27167
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-27167
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014171
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014171
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0142514
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0142514
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023609096
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt039951675
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011882
IRS990/OfficeExpensesGrp/TotalAmt011882
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022751757
IRS990/OtherAssetsTotalGrp/EOYAmt040088231
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01472
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04717
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010549
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016738
IRS990/OtherExpensesGrp/Desc0GROUNDS MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FACILITIES MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012902
IRS990/OtherExpensesGrp/ProgramServicesAmt045411
IRS990/OtherExpensesGrp/ProgramServicesAmt124997
IRS990/OtherExpensesGrp/TotalAmt045411
IRS990/OtherExpensesGrp/TotalAmt124997
IRS990/OtherExpensesGrp/TotalAmt212902
IRS990/OtherLiabilitiesGrp/BOYAmt0848501
IRS990/OtherLiabilitiesGrp/EOYAmt01617356
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0271
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0271
IRS990/OtherRevenueTotalAmt0271
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025249
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt080923
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0180996
IRS990/OtherSalariesAndWagesGrp/TotalAmt0287168
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03157
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04534
IRS990/PayrollTaxesGrp/ProgramServicesAmt013129
IRS990/PayrollTaxesGrp/TotalAmt020820
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07326097
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03301064
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0THOMAS N MCADAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013252664
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05052
IRS990/PYOtherExpensesAmt0115938
IRS990/PYOtherRevenueAmt0196803
IRS990/PYRevenuesLessExpensesAmt013098078
IRS990/PYSalariesCompEmpBnftPaidAmt0240503
IRS990/PYTotalExpensesAmt0356441
IRS990/PYTotalRevenueAmt013454519
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt014262507
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0142514
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0852054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01095631
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE 3,617
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1UNUSUAL CONTRIBUTIONS: 2019 2020 2021 2022 2023 -------- ----------- ------ ----------- ----------- DONOR 5,000,000 7,677,957 13,141,801 NPV ADJUSTMENT (172,108) DONOR 5,000,000 NPV ADJUSTMENT (172,108) DONOR 1,076,630 ----------- ----------- ----------- TOTAL 10,732,414 7,677,957 13,141,801 =========== =========== ===========
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02917933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05574707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05867716
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0258934
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0313768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014933058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0161233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0198178
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0152192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0141479
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt044788
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0697870
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0271
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01384
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01647
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0130
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0185
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03617
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95330
IRS990ScheduleA/PublicSupportPY170Pct00.94670
IRS990ScheduleA/PublicSupportTotal170Amt014903752
IRS990ScheduleA/SubstantialContributorsTotAmt029306
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02917933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05574707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05867716
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0258934
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0313768
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014933058
IRS990ScheduleA/TotalSupportAmt015634545
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt039298
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040431
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079729
IRS990ScheduleD/ExpensesNotReportedAmt044542
IRS990ScheduleD/ExpensesSubtotalAmt01945735
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0101004
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0101004
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt040057263
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt130968
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROGRAM CONSTRUCTION COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherExpensesIncludedAmt044542
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01588271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSTRUCTION RETAINAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RENTAL SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt044542
IRS990ScheduleD/RevenueNotReportedAmt044542
IRS990ScheduleD/RevenueSubtotalAmt016208242
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES. THEREFORE, THE ORGANIZATION HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. NO PERIODS ARE UNDER EXAMINATION, AND OPEN RETURN YEARS PER STATUTE ARE FOR THE FISCAL YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS EXPENSES 17,375 LOSS ON SALE OF STOCK 27,167
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS EXPENSES 17,375 LOSS ON SALE OF STOCK 27,167
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0140302
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040088231
IRS990ScheduleD/TotalExpensesPerForm990Amt01945735
IRS990ScheduleD/TotalLiabilityAmt01617356
IRS990ScheduleD/TotalRevenuePerForm990Amt016208242
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt016252784
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01990277
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt096938
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt043202
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt053736
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017375
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PICNIC IN THE P
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LIGHT UP LAKESH
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt072054
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt056430
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0128484
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028852
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt02694
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031546
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014171
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017375
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09811
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07564
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01449420
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0PARK IMPROVEMEN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RECREATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF KNOXVILLE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0400 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KNOXVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037902
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0LAKESHORE PARK CONSERVANCY IS RESPONSIBLE FOR THE CONSTRUCTION OF VARIOUS PARK IMPROVMENTS AT LAKESHORE PARK, PART OF THE CITY OF KNOXVILLE, TENNESSEE'S PARKS SYSTEM. ONCE PROJECTS ARE COMPLETED, THEY ARE GRANTED TO THE CITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAD SIX EMPLOYEES DURING THE YEAR AND ALL OTHER DIRECT SERVICES ARE PROVIDED BY VOLUNTEERS, INCLUDING GENERAL GOVERNANCE; MANAGEMENT OF RELATIONSHIPS WITH THE CITY OF KNOXVILLE AND THE STATE OF TENNESSEE; OVERSIGHT OF KNOX YOUTH SPORTS, INC., KNOXVILLE FOOTBALL CLUB AND AYSO 279 WHICH MANAGE THE ATHLETIC FIELDS AT THE PARK; DEVELOPMENT OF MARKETING AND FUNDING PLANS; AND DEVELOPMENT AND IMPLEMENTATION OF PLANS FOR ADDITIONAL PARK IMPROVEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JAMES A HASLAM III SUSAN B. HASLAM DIRECTOR PRESIDENT HUSBAND AND WIFE

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$0.14$17.0$6.37$35.1$28.7
2024Detailed filing. Detailed filing data is available for this year.$48.7$2.93$45.7$16.2$1.95$14.3
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.5$3.08$31.5$13.5$0.36$13.1
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.5$1.19$18.4$6.01$5.81$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$0.29$18.1$11.1$0.25$10.9
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.41$0.15$7.26$0.36$0.26$0.10
2019Summary only. Only limited summary data is available for this year.$7.96$0.80$7.16$0.55$12.7$12.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.9$0.68$19.3$0.80$0.22$0.58
2017Summary only. Only limited summary data is available for this year.$19.5$0.83$18.7$3.41$0.11$3.29
2016Summary only. Only limited summary data is available for this year.$15.4$0.02$15.4$1.77$1.55$0.22
2015Summary only. Only limited summary data is available for this year.$1.60$0.37$1.23$0.86$0.07$0.79
2014Summary only. Only limited summary data is available for this year.$0.44$0.00$0.10$0.10$0.01
2013Summary only. Only limited summary data is available for this year.$0.44$0.00$0.00$0.01$0.01
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.03$0.01$0.01
2011Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.56$0.53$0.03