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Lakemont Swim Club Inc

  • Raleigh, NC
  • Tax-exempt since July 1965
  • EIN: 56-0843555

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$427k (2023)

Expenses
$258k (2023)

Total Assets
$989k (2023)

Total Liabilities
$552k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$426,754
Expenses
$257,843
Net Income
$168,911
Net Assets
$437,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $387,543
90.8%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $4,475
1.0%
Other Revenue $34,736
8.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,000
3.9%
Assets/Debt
Total Assets $989,409
Total Liabilities $551,833
Net Assets $437,576
Club or Co-Op Income
Initiation Fees & Contributions $52,500
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
John Lambrakis (President) $0 $0 $0
Emily Carey (Vice President) $0 $0 $0
Brett Danaforth (Treasurer) $0 $0 $0
Cathleen Berry (Secretary) $0 $0 $0
Amanda Schneider (Director) $0 $0 $0
Morgan Mckay (Director) $0 $0 $0
Ben Starr (Director) $0 $0 $0
Joe Colandro (Director) $0 $0 $0
Molly Beavers (Director) $0 $0 $0
Janelle Baldwin (Director) $0 $0 $0
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Document Links

990
Filed on July 29, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$257,761
Expenses
$173,764
Net Income
$83,997
Net Assets
$268,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $226,478
87.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $828
0.3%
Other Revenue $30,455
11.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,500
4.9%
Assets/Debt
Total Assets $322,128
Total Liabilities $53,463
Net Assets $268,665
Club or Co-Op Income
Initiation Fees & Contributions $50,750
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
John Lambrakis (President) $0 $0 $0
Emily Carey (Vice President) $0 $0 $0
Brett Dansforth (Treasurer) $0 $0 $0
Cathleen Berry (Secretary) $0 $0 $0
Amanda Schneider (Director) $0 $0 $0
Morgan Mckay (Director) $0 $0 $0
Ben Starr (Director) $0 $0 $0
Joe Colandro (Director) $0 $0 $0
Molly Beavers (Director) $0 $0 $0
Janelle Baldwin (Director) $0 $0 $0
Melissa Carlisle (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$218,704
Expenses
$141,186
Net Income
$77,518
Net Assets
$184,668
Notable Sources of Revenue Percent of Total Revenue
Contributions $184,549
84.4%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,876
1.8%
Other Revenue $30,279
13.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,500
5.3%
Assets/Debt
Total Assets $262,100
Total Liabilities $77,432
Net Assets $184,668
Club or Co-Op Income
Initiation Fees & Contributions $25,200
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Melissa Carlisle (President) $0 $0 $0
Carson Cobb (Vice President) $0 $0 $0
James Irons (Treasurer) $0 $0 $0
Alice Cunningham (Secretary) $0 $0 $0
Brian Clemency (Director) $0 $0 $0
John Lambrakis (Director) $0 $0 $0
Michael Fortson (Director) $0 $0 $0
Brandon Jones (Director) $0 $0 $0
Molly Beavers (Director) $0 $0 $0
Wilson Freeze (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$167,298
Expenses
$132,534
Net Income
$34,764
Net Assets
$107,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,634
7.6%
Investment Income $0
Net Fundraising $2,306
1.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $207,593
Total Liabilities $100,441
Net Assets $107,152
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Brian Clemency (President) $0 $0
Carson Cobb (Vice President) $0 $0
Nick Sadler (Secretary) $0 $0
Chip Taylor (Treasurer) $0 $0
James Irons (Director) $0 $0
Michael Fortson (Director) $0 $0
Brandon Jones (Director) $0 $0
Melissa Carlisle (Director) $0 $0
John Lambrakis (Director) $0 $0
Alice Cunningham (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 5, 2021

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$194,536
Expenses
$152,360
Net Income
$42,176
Net Assets
$72,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $164,030
84.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,815
1.4%
Other Revenue $27,691
14.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,899
5.8%
Assets/Debt
Total Assets $192,740
Total Liabilities $120,352
Net Assets $72,388
Club or Co-Op Income
Initiation Fees & Contributions $23,200
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Brian Clemency (President) $0 $0 $0
Carson Cobb (Vice President) $0 $0 $0
Nick Sadler (Secretary) $0 $0 $0
Chip Taylor (Treasurer) $0 $0 $0
Ronald Height (Director) $0 $0 $0
Michael Fortson (Director) $0 $0 $0
Brandon Jones (Director) $0 $0 $0
Kate Dudeck (Director) $0 $0 $0
John Lambrakis (Director) $0 $0 $0
Kevin Lecount (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$175,879
Expenses
$137,442
Net Income
$38,437
Net Assets
$545,371
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $154,530
87.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,044
1.7%
Other Revenue $18,305
10.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,750
5.6%
Assets/Debt
Total Assets $686,044
Total Liabilities $140,673
Net Assets $545,371
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$143,929
Expenses
$142,641
Net Income
$1,288
Net Assets
$501,998
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $124,876
86.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,496
1.0%
Other Revenue $17,557
12.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,250
5.8%
Assets/Debt
Total Assets $662,771
Total Liabilities $160,773
Net Assets $501,998
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$125,765
Expenses
$150,452
Net Income
-$24,687
Net Assets
$175,243
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,864
Other Revenue $13,725
10.9%
Assets/Debt
Total Assets $353,526
Total Liabilities $178,283
Net Assets $175,243
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Kevin Lecount (President) $0 $0
Matthew Coltrera (Vice President) $0 $0
Jared Piland (Treasurer) $0 $0
Chip Taylor (Director) $0 $0
Penney Lettie (Director) $0 $0
Kimberly Michael (Director) $0 $0
Betsy Brown (Director) $0 $0
Wendy Fox (Director) $0 $0
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Document Links

990-EZ
Filed on Aug. 15, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$130,173
Expenses
$103,119
Net Income
$27,054
Net Assets
$199,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $790
0.6%
Other Revenue $21,699
16.7%
Assets/Debt
Total Assets $374,410
Total Liabilities $174,480
Net Assets $199,930
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Jennifer Heron Brock (Past President) $0 $0
Kevin Lecount (President) $0 $0
Matthew Coltrera (Vice President) $0 $0
Jared Piland (Treasurer) $0 $0
Ellen Richardson (Secretary) $0 $0
Chip Taylor (Director) $0 $0
Penney Lettie (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on Aug. 15, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$97,519
Expenses
$96,158
Net Income
$1,361
Net Assets
$172,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $49
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $138
0.1%
Other Revenue $4,942
5.1%
Assets/Debt
Total Assets $251,179
Total Liabilities $78,303
Net Assets $172,876
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Jennifer Heron Brock (President) $0 $0
Kevin Lecount (Vice President) $0 $0
J Wayne Felton (Treasurer) $0 $0
Matthew Coltrera (Board Member) $0 $0
Ellen Richardson (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on Aug. 17, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$98,449
Expenses
$99,404
Net Income
-$955
Net Assets
$173,649
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,421
1.4%
Program Services $0
Investment Income $67
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $11,777
12.0%
Other Revenue $50
0.1%
Assets/Debt
Total Assets $256,756
Total Liabilities $83,107
Net Assets $173,649
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$105,005
Expenses
$94,530
Net Income
$10,475
Net Assets
$148,473
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,443
1.4%
Program Services $0
Investment Income $112
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,998
2.9%
Other Revenue $1,330
1.3%
Assets/Debt
Total Assets $257,727
Total Liabilities $109,254
Net Assets $148,473
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$107,704
Expenses
$87,354
Net Income
$20,350
Net Assets
$143,365
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,250
3.0%
Program Services $0
Investment Income $192
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,278
2.1%
Other Revenue $2,862
2.7%
Assets/Debt
Total Assets $246,236
Total Liabilities $102,871
Net Assets $143,365
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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