Watertown Lions Foundation Inc is located in Watertown, CT. The organization was established in 1996. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Watertown Lions Foundation Inc 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, Watertown Lions Foundation Inc generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $21.7k during the year ending 06/2022. While expenses have increased by 13.7% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT FOR LOCAL COMMUNITY GROUPS, EXEMPT ORGANIZATIONS, LOCAL GOVERNMENT ACTIVITIES AND AID FOR HANDICAPPED PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathleen Trowbridge President | 4 | $0 | |
Daniel Uitti 1st Vice President | 1 | $0 | |
Edwin Altamiranoi Finance Director | 1 | $0 | |
Roger Chace Secretary | 2 | $0 | |
Melita Harris Corresponding Secretary | 2 | $0 | |
Karen Obar Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,621 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $38,610 |
Other Revenue | $0 |
Total Revenue | $49,231 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,531 |
Other expenses | $0 |
Total expenses | $21,652 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $67,973 |
Other assets | $0 |
Total assets | $72,184 |
Total liabilities | $1,090 |
Net assets or fund balances | $71,094 |