Civic Intelligence

Lakeshore Foundation Inc.

990 • Fiscal year 2016 • EIN 62-1762831

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 29, 2017

Organization Profilewww.lakeshoreseniorliving.org
8044 Coley Davis RoadNashville, TN 37221

(615) 646-4466

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.05x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

73rd percentile

9.5%

Faster asset growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

41st percentile

0.1%

Faster revenue growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$7,261,550

Up $630,373 (+9.5%) from 2015

Net Assets

Up

$7,240,747

Up $623,390 (+9.4%) from 2015

Liabilities

Up

$20,803

Up $6,983 (+51%) from 2015

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin94th percentile

Revenue

Up

$444,299

Up $608 (+0.1%) from 2015

Expenses

Down

$165,067

Down $136,395 (-45%) from 2015

Net Income

Up

$279,232

Up $137,003 (+96%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$15M$10M$5.0M$0Assets 2011: $4,815,203Liabilities 2011: $96,683Net Assets 2011: $4,718,5202011Assets 2012: $5,739,430Liabilities 2012: $610Net Assets 2012: $5,738,8202012Assets 2013: $6,626,644Liabilities 2013: $54,001Net Assets 2013: $6,572,6432013Assets 2014: $6,862,336Liabilities 2014: $18,034Net Assets 2014: $6,844,3022014Assets 2015: $6,631,177Liabilities 2015: $13,820Net Assets 2015: $6,617,3572015Assets 2016: $7,261,550Liabilities 2016: $20,803Net Assets 2016: $7,240,7472016Assets 2017: $7,980,593Liabilities 2017: $35,293Net Assets 2017: $7,945,3002017Assets 2018: $7,841,419Liabilities 2018: $230Net Assets 2018: $7,841,1892018Assets 2019: $8,985,430Liabilities 2019: $34,430Net Assets 2019: $8,951,0002019Assets 2020: $9,282,581Liabilities 2020: $24,355Net Assets 2020: $9,258,2262020Assets 2021: $10,366,798Liabilities 2021: $26,605Net Assets 2021: $10,340,1932021Assets 2022: $9,930,563Liabilities 2022: $24,355Net Assets 2022: $9,906,2082022Assets 2023: $10,421,915Liabilities 2023: $85,944Net Assets 2023: $10,335,9712023Assets 2024: $10,995,381Liabilities 2024: $0Net Assets 2024: $10,995,3812024

Highlighted filing

2016

Assets$7,261,550
Liabilities$20,803
Net Assets$7,240,747
Open 2016 Filing

Operations Trend

Revenue Growth41st percentile

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

$1.0M$500K$0Revenue 2011: $395,775Expenses 2011: $196,060Net Income 2011: $199,7152011Expenses 2012: $228,4022012Revenue 2013: $815,729Expenses 2013: $359,443Net Income 2013: $456,2862013Revenue 2014: $741,108Expenses 2014: $335,536Net Income 2014: $405,5722014Revenue 2015: $443,691Expenses 2015: $301,462Net Income 2015: $142,2292015Revenue 2016: $444,299Expenses 2016: $165,067Net Income 2016: $279,2322016Revenue 2017: $595,929Expenses 2017: $156,162Net Income 2017: $439,7672017Revenue 2018: $658,023Expenses 2018: $236,381Net Income 2018: $421,6422018Revenue 2019: $470,675Expenses 2019: $118,115Net Income 2019: $352,5602019Revenue 2020: $433,266Expenses 2020: $166,189Net Income 2020: $267,0772020Revenue 2021: $795,083Expenses 2021: $120,241Net Income 2021: $674,8422021Revenue 2022: $391,529Expenses 2022: $87,126Net Income 2022: $304,4032022Revenue 2023: $484,500Expenses 2023: $148,781Net Income 2023: $335,7192023Revenue 2024: $451,994Expenses 2024: $126,649Net Income 2024: $325,3452024

Highlighted filing

2016

Revenue$444,299
Expenses$165,067
Net Income$279,232
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 29, 2017
Return Version
2016v3.0
Gross Receipts
$1,532,685
Mission and Program Overview

Mission

To provide funds for indigent care and renovation needs at the facilities of lakeshore estates, inc.

To provide funds for indigent care at the facilities of lakeshore estates, inc

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,101,472$6,632,538▲ $531,066
Cash and Non-Interest-Bearing Accounts$202,429$316,559▲ $114,130
Other Notes and Loans Receivable, Net$237,276$224,953▼ $12,323
Intangible Assets$90,000$87,500▼ $2,500
Total Assets$6,631,177$7,261,550▲ $630,373
Liabilities
Other Liabilities$13,820$20,803▲ $6,983
Total Liabilities$13,820$20,803▲ $6,983
Net Assets / Fund Balance
Unrestricted Net Assets$6,614,357$7,240,747▲ $626,390
Temporarily Rstr Net Assets$3,000--
Total Net Assets Fund Balance$6,617,357$7,240,747▲ $623,390
Total Liabilities and Net Assets / Fund Balance$6,631,177$7,261,550▲ $630,373
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
John RobinsonPresident
Barbara OuthierSecretary
John ThweattTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$184,133
Program Service Revenue
$0
Investment Income
$260,166
Other Revenue
$0
All Other Contributions
$184,133
Change in Net Assets
$279,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$444,299
Revenue Not Reported on Form 990
$344,158
Total Revenue per Audited Statements
$788,457
Total Revenue per Form 990
$444,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$112,836
Other Expenses$52,231
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$108,836--$108,836
Fees for Service Investment Mgmnt Fees-$42,511-$42,511
Fees for Services Accounting-$7,000-$7,000
Grants to Domestic Individuals$4,000--$4,000
Other Expenses$220$2,500-$220
Total Functional Expenses$113,056$52,011$0$165,067

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$165,067
Total Expenses per Audited Statements$165,067
Total Expenses per Form 990$165,067
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lakeshore Estates IncNashville, TN501c3Indigent Care$108,836
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$20,803
Due to Related Party-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 B, Line 11B

“Organizations process to review form 990 - draft copy of form 990 sent to each board member for approval before filing”

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

“Enforcement of conflicts policy - the conflict policy is renewed annually and updated at any time changes occur. If a conflict occurs, the member is excluded from voting on the issue and the board determines any other action necessary.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation - these are made available upon request”

Filing and Contact Details

Filer

Filer Name
Lakeshore Foundation
EIN
62-1762831
Phone
6156464466
Address
8044 COLEY DAVIS ROAD, Nashville, TN 37221

Signing Officer

Name
John Robinson
Title
President
Signed
2017-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Robinson
Formed
1998
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Betts & Rubio Pllc
Address
2699 FESSEY CT STE 200, NASHVILLE, TN 37204
Preparer
Richard W Betts
Phone
6152978502
Supplemental Narrative

Financial Statement Notes

X 2

“Fin 48 footnote - the foundation is qualified for tax exempt status under section 501c3 of the internal revenue code and has been classified as other than a private foundation. Taxes are provided, if necessary, on unrelated business income as defined by internal revenue service regulations. The foundation follows fasb asc guidance related to unrecognized tax benefits. The guidance clarifies the accounting for uncertainty in income taxes recognized in an enterprises financial statements. This interpretation prescribes a minimum probability threashold that a tax position must meet before a financial statement benefit is recognized. The minimum threashold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Tax years that remain open for examination include years ended december 31, 2013 through december 31, 2016. The foundation has no tax penalties or interest reported in the accompanying financial statements.”

Raw XML AppendixShowing 400 of 402 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FUNDS FOR INDIGENT CARE AT THE FACILITIES OF LAKESHORE ESTATES, INC
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0184133
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JOHN ROBINSON
IRS990/BooksInCareOfDetail/PhoneNum06156464466
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08044 COLEY DAVIS ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037221
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0202429
IRS990/CashNonInterestBearingGrp/EOYAmt0316559
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0184133
IRS990/CYGrantsAndSimilarPaidAmt0112836
IRS990/CYInvestmentIncomeAmt0260166
IRS990/CYOtherExpensesAmt052231
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0279232
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0165067
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0444299
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PROVIDE FUNDS FOR INDIGENT CARE FOR 7 RESIDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0113056
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07000
IRS990/FeesForServicesAccountingGrp/TotalAmt07000
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt042511
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt042511
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN THWEATT
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA OUTHIER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt037425
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0112836
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt04000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0108836
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0108836
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01125811
IRS990/GrossReceiptsAmt01532685
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt090000
IRS990/IntangibleAssetsGrp/EOYAmt087500
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0222741
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0222741
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06101472
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06632538
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01088386
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FUNDS FOR INDIGENT CARE AT THE FACILITIES OF LAKESHORE ESTATES, INC
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06617357
IRS990/NetAssetsOrFundBalancesEOYAmt07240747
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt037425
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt037425
IRS990/NetUnrlzdGainsLossesInvstAmt0344158
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt03489
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0AMORTIZATION
IRS990/OtherExpensesGrp/Desc1LICENSE AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02500
IRS990/OtherExpensesGrp/ProgramServicesAmt0220
IRS990/OtherExpensesGrp/TotalAmt02500
IRS990/OtherExpensesGrp/TotalAmt1220
IRS990/OtherLiabilitiesGrp/BOYAmt013820
IRS990/OtherLiabilitiesGrp/EOYAmt020803
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0237276
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0224953
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN ROBINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt073544
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0249612
IRS990/PYInvestmentIncomeAmt0370147
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt051850
IRS990/PYRevenuesLessExpensesAmt0142229
IRS990/PYTotalExpensesAmt0301462
IRS990/PYTotalRevenueAmt0443691
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0279232
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0620604630
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0108836
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LAKESHORE ESTATES INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0108836
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/ExpensesSubtotalAmt0165067
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0344158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020803
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0344158
IRS990ScheduleD/RevenueSubtotalAmt0444299
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 FOOTNOTE - THE FOUNDATION IS QUALIFIED FOR TAX EXEMPT STATUS UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. TAXES ARE PROVIDED, IF NECESSARY, ON UNRELATED BUSINESS INCOME AS DEFINED BY INTERNAL REVENUE SERVICE REGULATIONS. THE FOUNDATION FOLLOWS FASB ASC GUIDANCE RELATED TO UNRECOGNIZED TAX BENEFITS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISES FINANCIAL STATEMENTS. THIS INTERPRETATION PRESCRIBES A MINIMUM PROBABILITY THREASHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THREASHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. TAX YEARS THAT REMAIN OPEN FOR EXAMINATION INCLUDE YEARS ENDED DECEMBER 31, 2013 THROUGH DECEMBER 31, 2016. THE FOUNDATION HAS NO TAX PENALTIES OR INTEREST REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalExpensesPerForm990Amt0165067
IRS990ScheduleD/TotalLiabilityAmt020803
IRS990ScheduleD/TotalRevenuePerForm990Amt0444299
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0788457
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0165067
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0108836
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0INDIGENT CARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LAKESHORE ESTATES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0620604630
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08044 COLEY DAVIS ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NASHVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037221
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS - LAKESHORE FOUNDATION INC RECEIVES REQUEST FOR GRANTS FOR RESIDENTS OF LAKESHORE ESTATES INC. WHO ARE INDIGENT AND ARE UNABLE TO PAY FOR THEIR CARE. THE BOARD OF DIRECTORS REVIEW THE REQUESTS AND DETERMINES APPROPRIATE RECIPIENTS AND APPROPRIATE AMOUNTS. FUNDS ARE TRANSMITTED TO LAKESHORE ESTATES INC WHO IN TURN CREDIT THE RESIDENTS ACCOUNT RECEIVABLE FOR THE GRANT AMOUNT. A MONTHLY FINANCIAL STATEMENT IS GIVEN TO THE BOARD OF DIRECTORS OF LAKESHORE FOUNDATION INC AND LAKESHORE ESTATES INC THAT DETAILS THE USE OF THESE FUNDS, INCLUDING THE RECIPIENTS NAME AND AMOUNT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATIONS PROCESS TO REVIEW FORM 990 - DRAFT COPY OF FORM 990 SENT TO EACH BOARD MEMBER FOR APPROVAL BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY - THE CONFLICT POLICY IS RENEWED ANNUALLY AND UPDATED AT ANY TIME CHANGES OCCUR. IF A CONFLICT OCCURS, THE MEMBER IS EXCLUDED FROM VOTING ON THE ISSUE AND THE BOARD DETERMINES ANY OTHER ACTION NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - THESE ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LAKESHORE ESTATES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620604630
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NURSING CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08044 COLEY DAVIS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NASHVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037221
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0108836
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LAKESHORE ESTATES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06631177
IRS990/TotalAssetsEOYAmt07261550
IRS990/TotalAssetsGrp/BOYAmt06631177
IRS990/TotalAssetsGrp/EOYAmt07261550
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0184133
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113056
IRS990/TotalFunctionalExpensesGrp/TotalAmt0165067
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013820
IRS990/TotalLiabilitiesEOYAmt020803
IRS990/TotalLiabilitiesGrp/BOYAmt013820
IRS990/TotalLiabilitiesGrp/EOYAmt020803
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06617357
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07240747
IRS990/TotalProgramServiceExpensesAmt0113056
IRS990/TotalRevenueGrp/ExclusionAmt0222741
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037425
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0444299
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06631177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07261550
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06614357
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07240747
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08044 COLEY DAVIS ROAD
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037221
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.lakeshoreseniorliving.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN ROBINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKESHORE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0621762831
ReturnHeader/Filer/PhoneNum06156464466
ReturnHeader/Filer/USAddress/AddressLine1Txt08044 COLEY DAVIS ROAD
ReturnHeader/Filer/USAddress/CityNm0Nashville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037221
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA2A2FC74B8902004692077B3461D7A8A3F677BC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId045040447E5EEC2C4EE969483FFFBBC109251CE7F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.27.166.3
ReturnHeader/FilingSecurityInformation/IPDt02017-08-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:27:55
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BETTS & RUBIO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02699 FESSEY CT STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037204
ReturnHeader/PreparerPersonGrp/PhoneNum06152978502
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD W BETTS
ReturnHeader/ReturnTs02017-06-29T09:39:41-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,261,550
Liabilities
$20,803
Net assets
$7,240,747
Revenue
$444,299
Expenses
$165,067
Net income
$279,232
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.00$11.0$0.45$0.13$0.33
2023Detailed filing. Detailed filing data is available for this year.$10.4$0.09$10.3$0.48$0.15$0.34
2022Detailed filing. Detailed filing data is available for this year.$9.93$0.02$9.91$0.39$0.09$0.30
2021Detailed filing. Detailed filing data is available for this year.$10.4$0.03$10.3$0.80$0.12$0.67
2020Detailed filing. Detailed filing data is available for this year.$9.28$0.02$9.26$0.43$0.17$0.27
2019Detailed filing. Detailed filing data is available for this year.$8.99$0.03$8.95$0.47$0.12$0.35
2018Detailed filing. Detailed filing data is available for this year.$7.84$0.00$7.84$0.66$0.24$0.42
2017Detailed filing. Detailed filing data is available for this year.$7.98$0.04$7.95$0.60$0.16$0.44
2016Detailed filing. Detailed filing data is available for this year.$7.26$0.02$7.24$0.44$0.17$0.28
2015Detailed filing. Detailed filing data is available for this year.$6.63$0.01$6.62$0.44$0.30$0.14
2014Detailed filing. Detailed filing data is available for this year.$6.86$0.02$6.84$0.74$0.34$0.41
2013Detailed filing. Detailed filing data is available for this year.$6.63$0.05$6.57$0.82$0.36$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$0.00$5.74$0.23
2011Summary only. Only limited summary data is available for this year.$4.82$0.10$4.72$0.40$0.20$0.20