Summit Lions Foundation
- Assets
- $124.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 06/1981
- Data as of
- 06/2019
- EIN
- 22-2343623
Organization Overview
Summit Lions Foundation is located in Summit, NJ. The organization was established in 1981. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Summit 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 06/2019, Summit Lions Foundation generated $12.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $9.3k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 years. 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
2019
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS, GIFTS, GRANTS, ETC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Loeser President | 2 | $0 | |
John JD Schweska 1st Vice President | 2 | $0 | |
Peter Twill Secretary | 2 | $0 | |
Walter Wojcik Treasurer | 2 | $0 | |
Fred Cuozzo Financial Secretary | 2 | $0 | |
Roger Knox Tailwister | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,670 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,553 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,223 |
| 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 | $0 |
| Other expenses | $9,326 |
| Total expenses | $9,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,903 |
| Other assets | $0 |
| Total assets | $124,903 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,903 |