Lakeview Temple Inc
- Assets
- $12.0m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 97
- Location
- Indianapolis, IN
- Founding
- 08/1964
- Data as of
- 12/2022
- EIN
- 35-1104534
Organization Overview
Lakeview Temple Inc, operating under the name Lakeview Church, is located in Indianapolis, IN. The organization was established in 1964. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Lakeview Church employed 97 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lakeview Church is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lakeview Church generated $5.5m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $5.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LAKEVIEW IS A MULTI-ETHNIC, MULTI-CULTURAL CHURCH LOCATED AT THE EDGE OF THE URBAN AND SUBURBAN WORLD. LAKEVIEW IS PASSIONATE ABOUT GOD AND SERVING HIM THROUGH WORSHIP, PRAYER, RELATIONSHIP BUILDING, AND MINISTRY TO CHILDREN AND YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER MINISTRIES - ALL OTHER CHURCH MINISTRIES AND ACTIVITES INCLUDING ALL EXPENSES NOT DIRETLY RELATED TO ONE PROGRAM.
CHILDCARE AND PRESCHOOL - A PTQ 3 FACILITY WITH ON MY WAY PRE K PROGRAM AND IS FOCUSED ON SERVING A DIVERSE STUDENT AND TEACHER COMMUNITY. WE SEEK TO OFFER BOTH A TRADITIONAL AND CHILD-CENTERED EDUCATION WITH A CURRICULUM THAT IS FULL OF RIGOR AND CREATIVE EXPLORATION. WE ARE COMMITTED TO EXCELLENCE AS WE PURSUE PATHS TO QUALITY LEVEL 4 AND SEEK TO EXHIBIT A MONTESSORI- INSPIRED LEARNING ENVIRONMENT.
ONE MISSION - DESIGNED TO IMPACT THE WORLD HERE, NEAR, AND FAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Bontrager Lead Pastor | Officer | 40 | $63,216 |
Kunle Akinola Elder | Trustee | 1 | $0 |
Romain Benjamin Elder | Trustee | 1 | $0 |
James Bailey Elder | Trustee | 1 | $0 |
Clay Cooley Elder | Trustee | 1 | $0 |
Justin Coe Elder | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,231,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,831,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,062,949 |
| Total Program Service Revenue | $1,369,232 |
| Investment income | $27,413 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,459,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,724 |
| Compensation of current officers, directors, key employees. | $14,247 |
| Compensation to disqualified persons | $108,857 |
| Other salaries and wages | $2,251,344 |
| Pension plan accruals and contributions | $40,322 |
| Other employee benefits | $96,132 |
| Payroll taxes | $128,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,161 |
| Fees for services: Accounting | $14,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122,103 |
| Advertising and promotion | $54,343 |
| Office expenses | $129,870 |
| Information technology | $100,987 |
| Royalties | $0 |
| Occupancy | $570,725 |
| Travel | $29,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $372,654 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $592,630 |
| Insurance | $36,428 |
| All other expenses | $0 |
| Total functional expenses | $5,433,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $468,105 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,500,231 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,968,336 |
| Accounts payable and accrued expenses | $95,035 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,375,543 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,470,578 |
| Net assets without donor restrictions | $2,106,870 |
| Net assets with donor restrictions | $390,888 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,968,336 |