International Association Of Lions Clubs
- Assets
- $140.1k
- Revenue
- $145.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NH
- Founding
- 12/1940
- Data as of
- 06/2024
- EIN
- 02-6012353
Organization Overview
International Association Of Lions Clubs is located in Concord, NH. The organization was established in 1940. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Lions Clubs is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2024, International Association Of Lions Clubs generated $145.6k in total revenue. All expenses for the organization totaled $55.7k during the year ending 06/2024. While expenses have increased by 59.2% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO AID THE GREATER CONCORD NH RESIDENTS WITH SIGHT & HEARING AND OTHER CHARITABLE ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
4 SCHOLARSHIPS OF $3,000 EACH BELOW NAMED STUDENT WHO ARE PURSUING EDUCATION IN MEDICAL RELATED FIELDS. 1 HANNAH VERVILLE 338 CLOUGH HILL RD. LOUDON NH 03307 GRADUATE OF MERRIMACK VALLEY HIGH MVHS ATTENDING KEENE STATE 2 MYKALA MCCONAGHY 10 PLATEAU RIDGE RD. LOUDON NH 03307 GRADUATE MVHS ATTENDING UNH 3 JULIA HERRMANN 200 OLD SHAKER RD. LOUDON NH 03307 GRADUATE MVHS ATTENDING HOLY CROSS 4 RAEANNA DEVONE 40 MILLENIUM WAY CONCORD NH 03303 GRADUATE CURRENTLY ATTENDING SNHU AND WILL CONTINUE AT SNHU 5 $ 556 IN MISC EXP.
GRANT TO GRANITE STATE VIRTUAL LIONS CLUB IN AMOUNT OF $10,000 TO FUND THEIR CHARITABLE PROJECT FUND
GRANT TO FUTURE IN SIGHT OF $5,000 TO BE ONE OF THE MAJOR SPONSORS OF "WALK IN SIGHT" THAT IS THE ORGANIZATION'S LARGEST FUND RAISER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dikran Dagavarian President | Officer | 3 | $0 |
Cynthia Magner Secretary | Officer | 3 | $0 |
Norman Roberge Treasurer | Officer | 3 | $0 |
Susan Giroux Vice President | Trustee | 1 | $0 |
Dennis Zatecka Director | Trustee | 1 | $0 |
Carl Nolin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,120 |
| Fundraising events | $1,950 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,195 |
| Total Program Service Revenue | $0 |
| Investment income | $8,818 |
| 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 | $125,563 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,539 |
| Grants and other assistance to domestic individuals. | $12,000 |
| 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 | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $55,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,791 |
| 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 | $0 |
| Investments—publicly traded securities | $113,304 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,095 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $140,095 |
| Net assets with donor restrictions | $0 |
| 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 | $140,095 |