Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
51 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
8 people listed on the 990.
Julieanne Foy’s $123K as Executive Di is at the 48th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Builds and operates parks and recreation facilities for the public.
Questions for Lakeshore Park Conservancy
Your first name shows with your question. Lakeshore Park Conservancy answers here, for everyone.
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To provide planning, development, construction, and administration for the park facilities in accordance with its community objective of providing recreation facilities. In fiscal year 2021, the organization incurred an additional 918,045 of project expenditures related to the development of the park.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.5M | $2.1M |
| Land, buildings, equipmentLn 10c | $114K | $122K |
| Total assetsLn 16 | $7.4M | $18.4M |
| LiabilitiesLn 26 | $145K | $290K |
| Net assetsLn 32 | $7.3M | $18.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $132K | $68K | $43K | $22K |
| Payroll taxesLn 10 | $10K | $5K | $3K | $2K |
| Accounting feesLn 11c | $24K | $24K | ||
| Other fees for servicesLn 11g | $54K | $54K | $72 | |
| Advertising and promotionLn 12 | $3K | $3K | ||
| Office expensesLn 13 | $9K | $9K | ||
| Depreciation, depletion and amortizationLn 22 | $5K | $5K | ||
| InsuranceLn 23 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $5K | $5K | ||
| Total functional expensesLn 25 | $248K | $127K | $97K | $23K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $6.4M | $35.1M | −$28.7M | $17.0M | 990 PDF |
| FY2024 | $16.2M | $1.9M | $14.3M | $45.7M | 990 PDF |
| FY2023 | $13.5M | $356K | $13.1M | $31.5M | 990 PDF |
| FY2022 | $6.0M | $5.8M | $205K | $18.4M | 990 PDF |
| FY2021 Viewing | $11.1M | $248K | $10.9M | $18.1M | 990 PDF |
| FY2020 | $361K | $257K | $104K | $7.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $11,135,342 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 5 to look at
Part VIII · Statement of revenue $11,135,342 across 10 lines filed
Part IX · Statement of functional expenses $247,786 across 9 lines filed
Part X · Balance sheet $18,438,448 assets, 15 lines filed
Part XI · Reconciliation of net assets $18,148,602 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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