Disable all preview features

Community Development : Housing and Neighborhood Development (Grantmaking)

East Lake Foundation

Possibility takes place.

three stars

87.25

2606 Alston Drive Atlanta, GA 30317
tel: (404) 373-4351   Web Site
EIN: 58-2204306

Board Leadership
Lawrence M. Schall
Chair

CEO
Daniel Shoy, Jr.
President

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 87.25 three stars
  Financial 90.00 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 07/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Why isn't this based on more recent data?

Founded in 1995 on the belief that everyone deserves a chance to succeed, the East Lake Foundation (www.eastlakefoundation.org) collaborates with public and private organizations to provide tools that enable Atlanta's East Lake residents to build a better future through its model for community revitalization.

The East Lake model includes cradle-to-college education at Charles R. Drew Charter School and its early learning partners, mixed-income housing at The Villages of East Lake and community wellness through programs including The First Tee® of East Lake, the East Lake Community Learning Garden and Urban Farm and a partnership with the East Lake YMCA. This approach to building a strong community not only helps break the cycle of poverty, but creates a place where people of all ages and incomes choose to live.

The East Lake Foundation model has become a blueprint for integrated community revitalization programs across the country through Purpose Built Communities.

Founded in 1995 on the belief that everyone deserves a chance to succeed, the East Lake Foundation (www.eastlakefoundation.org) collaborates with public and private organizations to provide tools that enable Atlanta's East Lake residents to build a better future through its model for community revitalization.

The East Lake model includes cradle-to-college education at Charles R. Drew Charter School and its early learning partners, mixed-income housing at The Villages of East Lake and community wellness through programs including The First Tee® of East Lake, the East Lake Community Learning Garden and Urban Farm and a partnership with the East Lake YMCA. This approach to building a strong community not only helps break the cycle of poverty, but creates a place where people of all ages and incomes choose to live.

The East Lake Foundation model has become a blueprint for integrated community revitalization programs across the country through Purpose Built Communities.

Learn more about how we calculate the overall score and rating.

Financial

four stars

90.00

Accountability & Transparency

three stars

85.00

This rating was published 07/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 90.0%
  Administrative Expenses 4.2%
  Fundraising Expenses 5.6%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 3.18
  Program Expenses Growth -10.2%
  Liabilities to Assets 9.8%
All data for Financial Performance Metrics calculations was provided by East Lake Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by East Lake Foundation on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
East Lake Foundation (GA) 87.25 three stars
Urban Ventures Leadership Foundation (MN) 87.14 three stars
Staten Island Economic Development Corporation (SIEDC) (NY) 87.06 three stars
Robin Hood Foundation (NY) 90.73 four stars
Citizens Committee for New York City (NY) 94.49 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,526,319
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $456,379
   Related Organizations $0
   Government Grants $0
Total Contributions $7,982,698
   Program Service Revenue $727,979
Total Primary Revenue $8,710,677
   Other Revenue $316,150
TOTAL REVENUE $9,026,827
   
EXPENSES  
   Program Expenses $5,869,542
   Administrative Expenses $811,135
   Fundraising Expenses $740,820
TOTAL FUNCTIONAL EXPENSES $7,421,497
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,605,330
   
Net Assets $52,507,827

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Student Support Program $3,949,064 67.3%
Charlie Yates Golf Course $970,026 16.5%
Grants $174,781 3.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 07/01/2017 87.25 three stars
2014-12 06/01/2016 86.44 three stars
 
CN 2.0
2013-12 07/01/2015 86.55 three stars
2012-12 04/01/2014 86.55 three stars
2011-12 05/01/2013 85.43 three stars
2010-12 04/01/2012 76.23 two stars
2009-12 09/20/2011 81.81 three stars
 
CN 1.0
2009-12 06/01/2011 82.43 three stars
2008-12 07/01/2010 76.51 two stars
2007-12 05/01/2009 81.63 three stars
2006-12 05/01/2008 86.28 three stars
2005-12 03/01/2007 92.66 four stars
2004-12 05/01/2006 79.67 two stars
2003-12 04/01/2005 71.31 two stars
2002-12 05/01/2004 65.01 one star
2001-12 04/15/2003 88.75 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 58-2204306
Name in IRS Master File EAST LAKE FOUNDATION INC
NTEE Code T30
NTEE Classification Public Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(297) Community recreational facilities (park, playground, etc)
(296) Community center
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1996
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$174,193 2.34% Danny Shoy President

Highly Rated

Charity Name & State Overall Score Overall Rating
East Lake Foundation (GA) 87.25 three stars
Enlace Chicago (IL) 88.22 three stars
University City District (PA) 89.53 three stars
Local Initiatives Support Corporation (NY) 90.64 four stars
Liberty Hill Foundation (CA) 96.19 four stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

East Lake Foundation
2606 Alston Drive
Atlanta, GA 30317
tel: (404) 373-4351
fax: (404) 373-4354
EIN: 58-2204306

Visit Web Site

Board Leadership

Lawrence M. Schall
Chair

CEO

Daniel Shoy, Jr.
President

please wait...

    • I want to donate to East Lake Foundation

      $
      next

    • Frequency

      back
      next

    • Would you like us to email someone and CC you?

      This email identifies you as the donor but does not specify the amount of your gift.
      back
    A donation of to has been added to your Giving Basket!

    Basket Total:
    Check Out Now or Continue Researching

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.

As seen on