Nonprofit · EIN 58-2094780
LAKE LANIER OLYMPIC PARK FOUNDATION
Tax-exempt (reinstated) · GAINESVILLE, GA 30503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $254,613 | $162,761 | $91,852 | $553,084 | $6,121 | $546,963 |
| June 30, 2024 | 990 | $22,709 | $139,194 | -$116,485 | $461,106 | $5,996 | $455,110 |
| June 30, 2023 | 990 | $47,276 | $678,273 | -$630,997 | $577,094 | $5,499 | $571,595 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $250,735
- Program service revenue
- $0
- Investment income
- $3,878
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,540
- Depreciation
- $149,761
- Program services (functional)
- $154,869
- Management and general (functional)
- $7,892
Balance sheet and other
- Total assets, start of year
- $461,106
- Total assets, end of year
- $553,084
- Total liabilities, end of year
- $6,121
- Net assets, end of year
- $546,963
- Land, buildings and equipment
- $111,002
- Net assets without donor restrictions
- $300,149
- Net assets with donor restrictions
- $246,814
- Gross receipts
- $254,613
- Employees
- 0
- Volunteers
- 19
- Year formed
- 1994
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BARNETT | DIRECTOR Trustee or director | 1 | $0 |
| MARK BELL | TREASURER Trustee or director, Officer | 1 | $0 |
| MIMI COLLINS | CHAIR Trustee or director, Officer | 1 | $0 |
| STANTON COLLINS | DIRECTOR Trustee or director | 1 | $0 |
| DANNY DUNAGAN | DIRECTOR Trustee or director | 1 | $0 |
| JULIA GREENE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN HAYNES | DIRECTOR Trustee or director | 1 | $0 |
| ANNA HESTER | DIRECTOR Trustee or director | 1 | $0 |
| ROBYN LYNCH | DIRECTOR Trustee or director | 1 | $0 |
| KIM MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| MATT MILLARD | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN ROCHESTER | DIRECTOR Trustee or director | 1 | $0 |
| DOUG SMITH | DIRECTOR Trustee or director | 1 | $0 |
| PHIL SUTTON | DIRECTOR Trustee or director | 1 | $0 |
| DIXIE TRUELOVE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLIFF WARD | DIRECTOR Trustee or director | 1 | $0 |
| THARPE WARD | DIRECTOR Trustee or director | 1 | $0 |
| LILA WESTMORELAND | SECRETARY Trustee or director, Officer | 1 | $0 |
| ERIN WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BARNETT | DIRECTOR Trustee or director | – | $0 |
| MARK BELL | TREASURER Trustee or director, Officer | – | $0 |
| MIMI COLLINS | CHAIR Trustee or director, Officer | – | $0 |
| DANNY DUNAGAN | DIRECTOR Trustee or director | – | $0 |
| JULIA GREENE | DIRECTOR Trustee or director | – | $0 |
| ANNA HESTER | DIRECTOR Trustee or director | – | $0 |
| ROBYN LYNCH | DIRECTOR Trustee or director | – | $0 |
| KIM MARTIN | DIRECTOR Trustee or director | – | $0 |
| MATT MILLARD | DIRECTOR Trustee or director | – | $0 |
| BRIAN ROCHESTER | DIRECTOR Trustee or director | – | $0 |
| DOUG SMITH | DIRECTOR Trustee or director | – | $0 |
| PHIL SUTTON | DIRECTOR Trustee or director | – | $0 |
| DIXIE TRUELOVE | VICE CHAIR Trustee or director, Officer | – | $0 |
| CLIFF WARD | DIRECTOR Trustee or director | – | $0 |
| LILA WESTMORELAND | SECRETARY Trustee or director, Officer | – | $0 |
| ERIN WILLIAMSON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BARNETT | DIRECTOR Trustee or director | 1 | $0 |
| MARK BELL | TREASURER Trustee or director, Officer | 2 | $0 |
| MIMI COLLINS | CHAIR Trustee or director, Officer | 2 | $0 |
| STACEY DICKSON | DIRECTOR Trustee or director | 1 | $0 |
| DANNY DUNAGAN | DIRECTOR Trustee or director | 1 | $0 |
| JESSY GRATTAN | DIRECTOR Trustee or director | 1 | $0 |
| JULIA GREENE | DIRECTOR Trustee or director | 1 | $0 |
| ANNA HESTER | DIRECTOR Trustee or director | 1 | $0 |
| ROBYN LYNCH | DIRECTOR Trustee or director | 1 | $0 |
| MATT MILLARD | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN ROCHESTER | DIRECTOR Trustee or director | 1 | $0 |
| DOUG SMITH | DIRECTOR Trustee or director | 1 | $0 |
| PHIL SUTTON | DIRECTOR Trustee or director | 1 | $0 |
| DIXIE TRUELOVE | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| CLIFF WARD | DIRECTOR Trustee or director | 1 | $0 |
| LILA WESTMORELAND | SECRETARY Trustee or director, Officer | 2 | $0 |
| ERIN WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 369, GAINESVILLE, GA 30503-0369
- In care of
- % JAMES E MATHIS JR
- Principal officer (990 for 2024)
- MARK BELL, PO BOX 369, GAINESVILLE, GA 30503
- Signed the 990
- MARK BELL, TREASURER
- Phone
- (770) 540-6307
- Website
- LAKELANIEROLYMPICVENUE.ORG
- Return prepared by
- BLAIR C DIAZ CPA PC
Mission
TO PROVIDE ASSISTANCE TO THE CITY IN THE SUCCESSFUL OPERATION OF LAKE LANIER OLYMPIC PARK, PRIMARILY THROUGH FUNDRAISING EFFORTS FOR CAPITAL IMPROVEMENTS AT THE PARK.
Program accomplishments
- THE FOUNDATION WAS PREVIOUSLY RESPONSIBLE FOR RENOVATIONS TO THE LAKE LANIER OLYMPIC PARK AND MAINTAINING THE PHYSICAL UPKEEP OF THE VENUE PROPERTY AND FACILITIES, INCLUDING ALL BUILDINGS AND GROUNDS CONTAINED IN THE PARK UNTIL THE GPRB TOOK OVER IN JULY 2019. DURING THE YEAR ENDED JUNE 30, 2020, THE FOUNDATION INSTALLED STREET LIGHTS AND COMPLETED ONE MAJOR PROJECT TO IMPROVE THE PARK - AN OLYMPIC RING PLAZA - WHICH PROMINENTLY FEATURES AN OLYMPIC RINGS SCULPTURE IN FRONT OF THE TIMING TOWER. THE SCULPTURE WAS CRAFTED FROM STRUCTURAL STEEL ORIGINALLY USED IN THE SUPPORT BEAMS OF FLOATING GRANDSTANDS ERECTED FOR THE 1996 OLYMPICS. THE LAKE LANIER OLYMPIC PARK CONTINUES TO HOST LOCAL, NATIONAL AND INTERNATIONAL ROWING, SPRINT KAYAK AND CANOE EVENTS, AS WELL AS DRAGON BOAT RACES AND CHAMPIONSHIPS. THE FOUNDATION SUPPORTS THESE COMPETITIVE EVENTS AS WELL AS COMMUNITY EVENTS HELD AT THE VENUE, TYPICALLY BY PROVIDING VOLUNTEERS.Expenses $145,155
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2094780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $553,084
- Income (IRS master file)
- $254,613
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective March 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $254,613 | $162,761 | $553,084 | XML |
| 990 | June 2024 | $22,709 | $139,194 | $461,106 | XML |
| 990 | June 2023 | $47,276 | $678,273 | $577,094 | XML |
| 990 | June 2022 | $928,730 | $119,204 | $1,206,153 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2094780).
Questions about LAKE LANIER OLYMPIC PARK FOUNDATION
- What is the EIN of LAKE LANIER OLYMPIC PARK FOUNDATION?
- The employer identification number (EIN) of LAKE LANIER OLYMPIC PARK FOUNDATION is 58-2094780.
- Is LAKE LANIER OLYMPIC PARK FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective March 15, 2015.
- Are donations to LAKE LANIER OLYMPIC PARK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE LANIER OLYMPIC PARK FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE LANIER OLYMPIC PARK FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE LANIER OLYMPIC PARK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE LANIER OLYMPIC PARK FOUNDATION?
- The 990 for the year ended June 30, 2025 names MARK BELL.
- Who are the officers and directors of LAKE LANIER OLYMPIC PARK FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does LAKE LANIER OLYMPIC PARK FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $254,613, expenses of $162,761 and total assets of $553,084 at year end.
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