Southport Lions Foundation is located in Southport, NC. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southport Lions Foundation 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 06/2022, Southport Lions Foundation generated $118.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $60.7k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Albizu Past Preside | 0 | $0 | |
Mike Blau First Vice P | 0 | $0 | |
Ken Updike President | 0 | $0 | |
Al Posey 1-Year Direc | 0 | $0 | |
Terry Pope Secretary | 0 | $0 | |
Woody Wilson 2- Year Dire | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,241 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $20 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $115,785 |
Other Revenue | $0 |
Total Revenue | $118,046 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,630 |
Occupancy, rent, utilities, and maintenance | $600 |
Printing, publications, postage, and shipping | $329 |
Other expenses | $33,188 |
Total expenses | $60,747 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $118,082 |
Other assets | $0 |
Total assets | $148,530 |
Total liabilities | $0 |
Net assets or fund balances | $148,530 |
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