Lakeshore National Adapted Sports Organization
- Assets
- $79.5k
- Revenue
- $496.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- Data as of
- 09/2023
- EIN
- 88-4336392
Organization Overview
Lakeshore National Adapted Sports Organization is located in Birmingham, AL. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeshore National Adapted Sports Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION SHALL BE TO ENABLE UNITED STATES ATHLETES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE IN OLYMPIC, PARALYMPIC, PAN AMERICAN, AND PARAPAN AMERICAN COMPETITION AND TO PROMOTE AND GROW THE SPORTS OF WHEELCHAIR RUGBY, BOCCIA AND OTHER SPORTS AS CERTIFIED BY THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION (LNASO) WAS CREATED AS A SUBSIDIARY OF LAKESHORE FOUNDATION TO SERVE AS THE NATIONAL GOVERNING BODY (NGB) FOR THE SPORTS OF WHEELCHAIR RUGBY, BOCCIA AND POTENTIAL OTHER SPORTS IN THE FUTURE UNDER AGREEMENT WITH THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC ). FOR BOTH SPORTS, LNASO MANAGES THE NATIONAL AND DEVELOPMENT TEAMS, NOT THE DOMESTIC LEAGUE SYSTEM.THE UNITED STATES HAS FIELDED THE MOST SUCCESSFUL NATIONAL TEAM IN WHEELCHAIR RUGBY SINCE ITS OFFICIAL INCLUSION IN THE PARALYMPIC GAMES. IN 2023, USA WHEELCHAIR RUGBY CAPTURED THE GOLD MEDAL AT THE 2023 PARAPAN AMERICAN GAMES QUALIFYING THE TEAM FOR THE 2024 PARIS PARALYMPIC GAMES. 16 ATHLETES WERE SELECTED IN DECEMBER 2023 THAT CONSTITUTE THE 2024 NATIONAL TEAM. AMONGST THOSE 16, 12 ATHLETES WILL BE SELECTED FOR FOUR INTERNATIONAL COMPETITIONS THIS YEAR INCLUDING THE PARALYMPIC GAMES. THE TEAM MEMBERS LIVE ACROSS THE COUNTRY AND COME TOGETHER MONTHLY FOR CAMPS OR COMPETITIONS. AS THE NGB, LNASO IS RESPONSIBLE FOR THE ADMINISTRATION, COMPLIANCE, SUPPORT FOR HIGH PERFORMANCE AND LONG-RANGE PLANNING. THE MAJORITY OF CAMPS ARE HOSTED AT THE LAKESHORE US OLYMPIC AND PARALYMPIC TRAINING SITE IN BIRMINGHAM, ALABAMA. BOCCIA UNITED STATES (BUS) HAS BEEN FORMED TO FOCUS ON PUTTING TOGETHER A PODIUM POTENTIAL PROGRAM FOR THE LA2028 GAMES. BUS NOW HAS BOTH A NATIONAL AND DEVELOPMENT TEAM AND HOSTS A VARIETY OF EDUCATION AND DEVELOPMENT CLINICS NATIONWIDE TO INVOLVE MORE ATHLETES IN THE SPORT OF BOCCIA. BUS ATHLETES COMPETE ON BEHALF OF THE UNITED STATES IN COMPETITIONS ACROSS THE GLOBE. AS IS THE CASE WITH WHEELCHAIR RUGBY, AS THE NGB, LNASO IS RESPONSIBLE FOR THE ADMINISTRATION, COMPLIANCE, SUPPORT FOR HIGH PERFORMANCE AND LONG-RANGE PLANNING. THE MAJORITY OF CAMPS ARE HOSTED AT THE LAKESHORE US OLYMPIC AND PARALYMPIC TRAINING SITE IN BIRMINGHAM, ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Graham Sisson Jr Director And Chairman | OfficerTrustee | 0.1 | $0 |
William E Horton Director And Treasurer | OfficerTrustee | 0.1 | $0 |
Walter M Beale Jr Director | Trustee | 0.1 | $0 |
Lee Fredette Director | Trustee | 0.1 | $0 |
Noah Galloway Director | Trustee | 0.1 | $0 |
Patrick Parkes Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $496,846 |
| Noncash contributions included in lines 1a–1f | $3,009 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,846 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $496,846 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $950 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $155,891 |
| Advertising and promotion | $1,318 |
| Office expenses | $18,217 |
| Information technology | $3,790 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $147,869 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,230 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $440,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,616 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $79,523 |
| Accounts payable and accrued expenses | $22,796 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,796 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $56,727 |
| 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 | $79,523 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Sports Inc Bonita Springs, FL | $3,926,102 | $2,351,264 |
Lakeshore National Adapted Sports Organization Birmingham, AL | $79,523 | $496,846 |
Pan American Hockey Federation Inc Coral Gables, FL | $523,317 | $249,613 |
Lanier Canoe & Kayak Club Gainesville, GA | $209,361 | $274,999 |
South Florida Water Polo Foundation Inc Fort Lauderdale, FL | $0 | $137,058 |
Lake Lanier Rowing Club Inc Gainesville, GA | $302,825 | $117,565 |
Chattanooga Takedown Club Chattanooga, TN | $968 | $96,265 |
Usa Rugby South Inc Columbus, GA | $59,665 | $0 |
Parent Booster Usa Inc Alpharetta, GA | $79,024 | $0 |
Savannah Sailing Center Inc Richmond Hill, GA | $0 | $0 |
Zephyr Racing Foundation Inc Fort Lauderdale, FL | $0 | $1,000 |