Lakewoodalive in Lakewood, Ohio (OH)

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Lakewoodalive
Employer Identification Number (EIN)550793987
Name of OrganizationLakewoodalive
Address14701 Detroit Avenue, Lakewood, OH 44107-4115
SubsectionCharitable Organization
Ruling Date03/2004
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$143,624
Amount of Income$119,449
Form 990 Revenue Amount$117,937
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2013: $119,449 (it was $278,451 in 2012)
This organization: 

 $119,449
Other organizations performing similar types of work: 

 $135,279

Assets in 2013: $143,624 (it was $126,012 in 2012)
Lakewoodalive: 

 $143,624
Other organizations performing similar types of work: 

 $114,906

Expenses in 2013: $104,426
Lakewoodalive: 

 $104,426
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$117,937
Contributions, gifts, grants, and similar amounts received$117,937
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0
Gross income from gaming$0$0$0
Gross income from fundraising events$1,512
Less: direct expenses from gaming and fundraising events$1,512
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$104,426
Total net assets$135,803
Excess/Deficit for the year$13,511
Net assets or fund balances at beginning of year$122,292
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$135,803
Balance Sheets
201120122013
Total assets$75,625$126,012$143,624
Total liabilities$0$3,720$7,821
Net assets or fund balances$135,803
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$1,012,320
Subtotal Support$1,012,320
Gifts, grants, contributions, and membership fees received$1,012,320
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$1,012,320
Public Support$1,012,320
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$1,512
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Metropolitan Entertainment & Convention Authority455 N 10th St, Omaha, NE 68102-1151NE1997-12$42,926,249
2Columbus Downtown Development Corporation150 S Front St Ste 210, Columbus, OH 43215-7105OH2002-10$37,620,584
3Structured Employment Economic Development Corporation22 Cortlandt Street 33rd Floor, New York, NY 10007-3107NY1977-01$21,151,237
4Delaware River Waterfront Corporation121 N Columbus Blvd, Philadelphia, PA 19106-1403PA2009-10$11,762,015
5Lubbock Economic Development Alliance Inc1500 Broadway 6th Floor, Lubbock, TX 79401-3117TX2005-01$8,625,518
6Market Lubbock Economic Development Corporation1500 Broadway Ste 600, Lubbock, TX 79401-3100TX1999-04$6,821,251
7Trufund Financial Services Inc1440 Broadway Rm 23, New York, NY 10018-2326NY2005-12$6,686,524
8Wake Forest Innovation Quarter CdcMedical Center Blvd, Winston Salem, NC 27157-0001NC2005-02$5,772,439
9Community Improvement Corporation Of Springfield & Clark County Ohio20 S Limestone St Ste 100, Springfield, OH 45502-2221OH2010-02$1,004,956
10Nuzone Community Improvement Corporation, Edward Jackson1550 Magnolia Dr, Cincinnati, OH 45215-1914OH2002-07$120,569
11Corporation For Findlay Market Of CincinnatiPO BOX 14727, Cincinnati, OH 45250-0727OH2001-08$2,684,323
12Columbus Urban Growth CorporationPO BOX 6229, Columbus, OH 43206-0229OH1996-08$1,657,066
13Downtown Canton Land Foundation222 Market Ave N, Canton, OH 44702-1418OH1998-12$909,863
14North Central Campus For Emerging Technologies, Ncc-Et123 East Main Cross St, Findlay, OH 45840-4884OH2006-09$759,491
15Northeast Ohio Trade & Economic Consortium, Neotec222 S Main St, Akron, OH 44308-1533OH2001-02$500,853
16Avondale Coalition Of Churches11500 Northlake Drive, Cincinnati, OH 45249-1650OH1997-07$479,406
17Clifton Heights Community Urban Redevelopment Corporation2510 Ohio Ave, Cincinnati, OH 45219-1552OH2000-04$467,977
18Northern Ohio Minority Supplier Development Council100 East Broad St, Columbus, OH 43215-3607OH1999-03$414,229
19Ohio Economic Development Association Inc17 S High St Ste 200, Columbus, OH 43215-3464OH2006-02$295,924
20Greater Hamilton Center For Business & Technology Inc20 High St, Hamilton, OH 45011-2709OH2002-08$262,926
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

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