Our Lady Of The Lake Foundation in Baton Rouge, Louisiana (LA)

Organization representatives - add corrected or new information about Our Lady Of The Lake Foundation »

Non-representatives - add comments about Our Lady Of The Lake Foundation»

Our Lady Of The Lake Foundation
Employer Identification Number (EIN)721014324
Name of OrganizationOur Lady Of The Lake Foundation
In Care of NameJeff Limbocker
Address5000 Hennessy Blvd, Baton Rouge, LA 70808-4375
SubsectionCharitable Organization
Ruling Date12/1984
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$28,614,658
Amount of Income$10,284,316
Form 990 Revenue Amount$7,808,560


Non-representatives - add comments:


CAPTCHA

Your IP address 3.145.91.111 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?YesYes
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10963227
The number of Forms W-2G65
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1012
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$230,733$232,004
Total reportable compensation from related organizations$2,826,625$1,298,173
Total estimated amount of other compensation from the organization and related organizations$291,609$239,445
Total number of individuals who received more than $100,000 of reportable compensation from the organization11
Total number of independent contractors who received more than $100,000 of compensation from the organization32
Statement of Revenue
201120122013
Total revenue$4,686,460$5,275,151$7,808,560
Contributions, Gifts, Grants and Other Similar Amounts$3,763,149$5,298,626$7,114,969
Program Service Revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$23,466$113,104$-184,183
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$692,786$116,640$554,846
Gross amount from sales of assets other than inventory (Securities / Other)$2,853,486 / $0$570,312 / $0$2,366,680 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,160,700 / $0$453,672 / $0$1,811,834 / $0
Gain or (loss) (Securities / Other)$692,786 / $0$116,640 / $0$554,846 / $0
Net income/loss from fundraising events$-262,582$-212,932$-293,305
Gross income from fundraising events$169,379$116,700$119,600
Less: direct expenses$431,961$329,632$412,905
Net income/loss from gaming activities$469,641$-40,304$616,233
Gross income from gaming activities$650,700$756,000$867,250
Less: direct expenses$181,059$796,304$251,017
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$17$0
Statement of Functional Expenses
201120122013
Total functional expenses$3,866,019$4,289,399$5,302,544
Grants and other assistance to domestic organizations and domestic governments$2,155,556$1,768,371
Grants and other assistance to domestic individuals$68,855$17,147
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$2,500$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$234,743$240,899$251,839
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$347,508$411,520$348,519
Pension plan accruals and contributions$41,689$71,291
Other employee benefits$135,104$128,694
Payroll taxes$34,620$38,267$34,105
Fees for services (non-employees)
Management$0$0
Legal$1,358$0
Accounting$150,312$0
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$35,859
Other$890,274$777,752
Advertising and promotion$0$54,701
Office expenses$95,320$88,354
Information technology$0$7,034
Royalties$0$0
Occupancy$0$757
Travel$2,992$1,065
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$18,119$5,089
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$4,579$6,712
Insurance$31,713$39,179
Other expenses$342$1,648,776
Other expenses$0$17,300
Balance Sheet
201120122013
Total assets$24,376,644$24,988,387$28,614,658
Cash - non-interest-bearing$218,969$831,563
Savings and temporary cash investments$3,052,518$2,826,021
Pledges and grants receivable, net$346,317$1,320,118
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$206,291$223,452
Land, buildings, and equipment: cost or other basis$11,166$38,521
Investments - publicly traded securities$21,135,646$23,357,063
Investments - other securities$17,480$17,920
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$1,597,462$1,626,014$1,787,101
Accounts payable and accrued expenses$131,769$207,070
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$1,494,245$1,580,031
Total net assets or fund balances$22,779,182$23,362,373$26,827,557
Unrestricted net assets$7,636,165$5,988,402
Temporarily restricted net assets$10,426,208$15,539,155
Permanently restricted net assets$5,300,000$5,300,000
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$3,451,594
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$-1,194$0$-1,194
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-1,194$0$-1,194
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$-1,194
Unrelated business taxable income before net operating loss deduction$-1,194
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-1,194
Specific deduction$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Our Lady Of The Lake Foundation to others? (optional)
  
Add photo of Our Lady Of The Lake Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Louisiana
IdNameAddressStateEstablishedTotal Income
1National Federation Of The Blind Of Louisiana Inc, Greater Ouachita Chapter101 S Trenton St, Ruston, LA 71270-4431LA1980-08$1,566,768
2National Federation Of The Blind Of Louisiana Inc, North Central Chapter101 S Trenton St, Ruston, LA 71270-4431LA1980-08$1,579,270
3National Federation Of The Blind Of Louisiana Inc, Northeast Chapter101 S Trenton St, Ruston, LA 71270-4431LA1980-08$1,076,449
4National Federation Of The Blind Of Louisiana, Greater Lafayette Chapter101 S Trenton St, Ruston, LA 71270-4431LA1980-08$1,424,067
5National Kidney Foundation Inc, Of Louisiana Inc8200 Hampson St Ste 425, New Orleans, LA 70118-1063LA1969-09$2,079,693
6Louisiana Kidney Foundation IncPO BOX 10125, New Orleans, LA 70181-0125LA2001-03$522,898
7New Orleans Opera Association616 Girod St Ste 200, New Orleans, LA 70130-3794LA1952-05$2,381,137
8The New Start CenterPO BOX 504, St Martinvlle, LA 70582-0504LA1999-12$147,652
9Ochsner Health System1514 Jefferson Hwy, New Orleans, LA 70121-2429LA2006-11$164,642,083
10Order Of St Markella Of Chios Inc724 Martin Behrman Ave, Metairie, LA 70005-2146LA1993-02$27,968
11Our Lady Of The Lake Foundation5000 Hennessy Blvd, Baton Rouge, LA 70808-4375LA1984-12$10,284,316
12Galactosemia Foundation1412 Sweet Bay Ct, Covington, LA 70433-5085LA1990-08$154,123
13Pennington Biomedical Research Foundation6400 Perkins Rd, Baton Rouge, LA 70808-4124LA1988-07$11,582,564
14Powers Foundation IncPO BOX 1607, Shreveport, LA 71165-1607LA1968-02$944,265
15Preservation Alliance Of New Orleans Incorporated923 Tchoupitoulas St, New Orleans, LA 70130-3819LA1974-12$5,786,294
16Radio For The Blind And Print Handicapped Inc3603 Magazine St, New Orleans, LA 70115LA1976-12$359,858
17Rays Of SunshinePO BOX 7299, Monroe, LA 71211-7299LA2001-05$1,703,619
18Rosamary Foundation1100 Poydras St Ste 1502, New Orleans, LA 70163-1101LA1940-03$18,897,808
19Southern University At Shreveport Foundation610 Texas St Ste 400, Shreveport, LA 71101-3535LA2001-03$862,608
20Southwest Louisiana Aids Council1715 Common St, Lake Charles, LA 70601-6135LA1989-06$2,794,545

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Our Lady Of The Lake Foundation and has no official or unofficial affiliation with Our Lady Of The Lake Foundation