Lakeshore Foundation FY2021 filing

Tax-deductible

Birmingham, AL501(c)(3)Since 1923HospitalsEIN 63-0288847Revenue $25.4M in FY2021

On file with the IRSlakeshore.org4000 Ridgeway Dr, 35209-5563 · Birmingham, ALTax-exempt since Oct 1942Publicly supported charity — 170(b)(1)(A)(vi)

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To encourage and provide opportunities for people with disability to live a healthy lifestyle through activity, research, advocacy and health promotion.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $1.5M a year · 11% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $110K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$15.0M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.4M
+112% vs prior year
Spent
$11.7M
To programs
78%
Net assets
$90.7M
By yearFY2020–FY2025
Revenue
$25.4M
FY2021▲ +112%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.0M
FY2021$25.4M
FY2022$11.0M
FY2023$10.6M
FY2024$11.1M
FY2025$11.5M
Expenses
$11.7M
FY2021▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.6M
FY2021$11.7M
FY2022$12.0M
FY2023$12.3M
FY2024$12.7M
FY2025$12.5M
Net assets
$90.7M
FY2021▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$81.9M
FY2021$90.7M
FY2022$79.2M
FY2023$83.8M
FY2024$91.8M
FY2025$95.1M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1942.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $9.2M Management & general 16% · $1.9M Fundraising 5% · $632K

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

39 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$319,374Pt VII · Sec A
Chief Operating and Financial Officer
$213,839Pt VII · Sec A
Chief of Programs and Special Projects
$172,065Pt VII · Sec A
Chief of Development and Strategic Partnerships
$157,137Pt VII · Sec A
Director of Communications
$118,578Pt VII · Sec A
Director of Human Resource
$114,425Pt VII · Sec A
Director of Research Opera
$107,373Pt VII · Sec A
Director of Recreation & a
$103,638Pt VII · Sec A

John Kemp’s $351K as President is at the 57th percentile of top reported officer pay among 2901 $10–100M health care 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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jeff Underwood———$379,529$319,374$337,757
John Kemp$350,555$342,660————
John D Kemp——$316,073———
Cathy Miller$251,955$241,904$234,683$219,268$213,839$205,704
Jen Allred$203,827$196,139$189,136$178,790——
Chris Thomason$190,200—————
Amy Rauworth$188,632$181,397$174,504$164,946$157,137$121,180
Jen Remick Allred————$172,065$160,245

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes healthy lifestyles for people with disabilities through activity, research, and advocacy.

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Provided by the organization

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3 programs · $8.7M · in their own filed words · FY2020
01

Recreation, Athletics, Military and Training Site Programs

Lakeshore foundation offers year-round activities for children and adults with physical disabilities including recreational programs, athletic teams and local, regional, national and international athletic events that provide an outlet for competitive drive and contribute to participants' health and well-being.

$3.7Mprogram expense
02

Research

Through the UAB/LAKESHORE research collaborative, lakeshore conducts applied research and program evaluation on the effectiveness of physical activity programs in promoting health and quality of life, improving functional independence, and preventing secondary conditions in people with physical disabilities.

$2.6Mprogram expense
03

Fitness, Personal Training and Aquatics

Lakeshore foundation offers more than 60 fitness and aquatics classes specifically designed for persons with a wide range of physical disabilities and chronic health conditions seeking a lifelong path to wellness.

$2.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 16 grants · $752K · 2020–2024
Ohio State University Office of Sponsored ProgramsFY2024$10,000
University of Montana Research & Sponsored Programs-Uh207FY2024$10,000
Florida Department of Health in Palm Beach CountyFY2024$10,000
Westchester Independent Living CenterFY2024$10,000
University of HoustonFY2024$10,000
University of AlabamaFY2023$44,205
Rancho Research InstituteCA · FY2023$40,000
UsopcFY2023$39,820
University of DelawareDE · FY2023$10,000
Montana Chronic Disease Prevention and Health Promotion BureauFY2020$7,000
Chp CommunityFY2020$5,000
Dlp Conemaugh Memorial Medical CenterFY2020$5,000
Florida Department of HealthFY2020$5,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$25.4M
Ln 12
Investment incomeLn 3$17.2M
Other incomeLn 4–11$4.1M
Gifts and grantsLn 1h$3.7M
Money outPt IX
$11.7M
Ln 25
Programscol B$9.2M
Managementcol C$1.9M
Fundraisingcol D$632K
Owns and owesPt X
$90.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$105.7M
LiabilitiesLn 26$15.0M
PeoplePt VI, VII
39
listed · VII A
PaidVII A9
Voting boardVI 1a30
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.7M
Government grantsLn 1e$2.3M
Noncash giftsLn 1g$70K
Fundraising eventsLn 1c$140K
Fees for servicesLn 2g$485K
Investment incomeLn 3$17.2M
Other incomeLn 4–11$4.1M
Gains on assetsLn 7$16.9M
Total revenueLn 12$25.4M
Assets in detailPt X, end of year
CashLn 1$300
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$2.5M
InvestmentsLn 11–13$65.3M
Land, buildings, equipmentLn 10c$36.5M
Other assetsLn 15$23K
Total assetsLn 16$105.7M
LiabilitiesLn 26$15.0M
Net assetsLn 32$90.7M
OperationsPt I, VI
EmployeesI 5178
VolunteersI 6251
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.9M$2.5M
InvestmentsLn 11–13$55.8M$65.3M
Land, buildings, equipmentLn 10c$37.9M$36.5M
Total assetsLn 16$98.3M$105.7M
LiabilitiesLn 26$16.4M$15.0M
Net assetsLn 32$81.9M$90.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$22K$22K
Pay of current officers, directors and key staffLn 5$1.6M$657K$775K$148K
Other salaries and wagesLn 7$4.4M$3.7M$399K$283K
Pension plan contributionsLn 8$134K$116K$10K$8K
Other employee benefitsLn 9$582K$447K$94K$40K
Payroll taxesLn 10$432K$318K$83K$31K
Legal feesLn 11b$59K$59K
Accounting feesLn 11c$27K$27K
Lobbying feesLn 11d$4K$4K
Investment management feesLn 11f$172K$172K
Other fees for servicesLn 11g$590K$431K$141K$18K
Advertising and promotionLn 12$74K$64K$9K$545
Office expensesLn 13$166K$126K$31K$9K
Information technologyLn 14$160K$102K$34K$24K
OccupancyLn 16$495K$485K$4K$5K
TravelLn 17$230K$211K$18K$1K
Conferences, conventions and meetingsLn 19$61K$33K$7K$21K
InterestLn 20$344K$335K$4K$5K
Depreciation, depletion and amortizationLn 22$1.6M$1.5M$19K$22K
InsuranceLn 23$214K$209K$3K$3K
Other expenses (24a–d)Ln 24$445K$427K$5K$13K
Total functional expensesLn 25$11.7M$9.2M$1.9M$632K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.5M$12.5M−$967K$95.1M 990 PDF
FY2024 $11.1M$12.7M−$1.7M$91.8M 990 PDF
FY2023 $10.6M$12.3M−$1.6M$83.8M 990 PDF
FY2022 $11.0M$12.0M−$1.0M$79.2M 990 PDF
FY2021 Viewing $25.4M$11.7M$13.6M$90.7M 990 PDF
FY2020 $12.0M$11.6M$372K$81.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $25,387,990 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,437,471$3,671,415
I-9 Program service revenuePrior year $595,505$485,498
I-10 Investment incomePrior year $1,902,524$17,166,391
I-11 Other revenuePrior year $4,035,486$4,064,686
I-12 Total revenuePrior year $11,970,986$25,387,990
I-13 Grants and similar amounts paidPrior year $0$22,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,152,421$7,111,880
I-16a Professional fundraising feesPrior year $5,000$0
I-17 Other expensesPrior year $4,441,249$4,613,144
I-18 Total expensesPrior year $11,598,670$11,747,024
I-19 Revenue less expensesPrior year $372,316$13,640,966
Part VI · Governance 30 of 30 board members independent, no flags
VI-1a Voting members of the governing body30
VI-1b Independent voting members30
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $25,387,990 across 13 lines filed
Lines not itemized here account for $38,193 of total revenue; see the IRS return.
VIII-1c Fundraising events$139,956
VIII-1d Related organizations$140,000
VIII-1e Government grants$2,260,154
VIII-1f All other contributions, gifts and grants$1,131,305
VIII-1g Noncash contributions (included above)$70,126
VIII-1h Total contributions, gifts and grants$3,671,415
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $447,725$447,725
VIII-3 Investment incomeExcluded from tax $251,705$251,705
VIII-6 Net rental income or lossExcluded from tax $4,096,151$4,096,151
VIII-7 Net gain or loss on sales of assetsExcluded from tax $16,914,686$16,914,686
VIII-8 Net income from fundraising eventsExcluded from tax −$38,173−$38,173
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,288$6,288
VIII-12 Total revenueRelated to mission $492,206 · Unrelated business $0 · Excluded from tax $21,224,369$25,387,990
Part IX · Statement of functional expenses $11,747,024 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $22,000$22,000
IX-5 Pay of current officers, directors and key staffPrograms $657,012 · Management $774,642 · Fundraising $147,989$1,579,643
IX-7 Other salaries and wagesPrograms $3,701,816 · Management $399,029 · Fundraising $283,164$4,384,009
IX-8 Pension plan contributionsPrograms $115,775 · Management $10,100 · Fundraising $8,441$134,316
IX-9 Other employee benefitsPrograms $446,790 · Management $94,405 · Fundraising $40,465$581,660
IX-10 Payroll taxesPrograms $318,431 · Management $82,907 · Fundraising $30,914$432,252
IX-11b Legal feesManagement $58,686$58,686
IX-11c Accounting feesManagement $27,000$27,000
IX-11d Lobbying feesPrograms $3,751$3,751
IX-11f Investment management feesManagement $172,479$172,479
IX-11g Other fees for servicesPrograms $430,614 · Management $140,835 · Fundraising $18,288$589,737
IX-12 Advertising and promotionPrograms $63,744 · Management $9,354 · Fundraising $545$73,643
IX-13 Office expensesPrograms $125,953 · Management $30,670 · Fundraising $9,446$166,069
IX-14 Information technologyPrograms $102,258 · Management $33,973 · Fundraising $23,874$160,105
IX-16 OccupancyPrograms $485,245 · Management $4,486 · Fundraising $4,890$494,621
IX-17 TravelPrograms $211,000 · Management $18,115 · Fundraising $1,182$230,297
IX-19 Conferences, conventions and meetingsPrograms $33,106 · Management $6,904 · Fundraising $20,753$60,763
IX-20 InterestPrograms $335,295 · Management $4,227 · Fundraising $4,743$344,265
IX-22 Depreciation, depletion and amortizationPrograms $1,531,691 · Management $19,315 · Fundraising $21,663$1,572,669
IX-23 InsurancePrograms $208,516 · Management $2,630 · Fundraising $2,949$214,095
IX-24 Other expenses (24a–d)Programs $426,900 · Management $5,365 · Fundraising $12,699$444,964
IX-25 Total functional expensesPrograms $9,219,897 · Management $1,895,122 · Fundraising $632,005$11,747,024
Part X · Balance sheet $105,708,578 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $300$300
X-2 Savings and temporary cash investmentsStart of year $2,899,960$2,545,950
X-3 Pledges and grants receivableStart of year $916,156$612,633
X-4 Accounts receivableStart of year $578,094$365,786
X-8 Inventories for sale or useStart of year $2,402$2,847
X-9 Prepaid expenses and deferred chargesStart of year $248,894$342,437
X-10c Land, buildings and equipment, netStart of year $37,908,427$36,521,841
X-11 Publicly traded securitiesStart of year $2,195,673$3,029,677
X-12 Other securitiesStart of year $53,554,439$62,264,361
X-15 Other assetsStart of year $24,529$22,746
X-16 Total assetsStart of year $98,328,874$105,708,578
X-17 Accounts payable and accrued expensesStart of year $1,480,716$1,503,318
X-19 Deferred revenueStart of year $49,345$177,327
X-20 Tax-exempt bond liabilitiesStart of year $14,788,155$13,117,739
X-24 Unsecured notes and loans payableStart of year $40,884$75,561
X-25 Other liabilitiesStart of year $39,916$151,665
X-26 Total liabilitiesStart of year $16,399,016$15,025,610
X-27 Net assets without donor restrictionsStart of year $80,694,403$89,751,107
X-28 Net assets with donor restrictionsStart of year $1,235,455$931,861
X-32 Total net assets or fund balancesStart of year $81,929,858$90,682,968
X-33 Total liabilities and net assetsStart of year $98,328,874$105,708,578
Part XI · Reconciliation of net assets $90,682,968 net assets at year end
XI-1 Total revenue$25,387,990
XI-2 Total expenses$11,747,024
XI-3 Revenue less expenses$13,640,966
XI-4 Net assets at start of year$81,929,858
XI-5 Net unrealized gains (losses) on investments−$4,902,856
XI-6 Donated services and use of facilities$15,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$90,682,968

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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