Madison Lions Foundation Inc is located in Madison, CT. The organization was established in 1994. 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. Madison 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 06/2020, Madison Lions Foundation Inc generated $10.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $29.1k during the year ending 06/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
FINANCIAL & OTHER ASSISTANCE WAS PROVIDED TO INDIVIDUALS AND OTHER CHARITABLE ORGANIZATIONS IN THE STATE OF CONNECTICUT & AROUND THEWORLD DURING YEAR. NUMEROUS PEOPLE AND ORGANIZATIONS BENEFITED FROM THIS ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Borner Treasurer Of Operations | 5 | $0 | |
George Basler Treasurer Of Investments | 5 | $0 | |
David Longobucco Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,011 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,980 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,902 |
Other Revenue | $0 |
Total Revenue | $10,893 |
Statement of Expenses | |
---|---|
Total expenses | $29,055 |
Balance Sheet | |
---|---|
Total assets | $87,210 |
Total liabilities | $0 |
Net assets or fund balances | $87,210 |
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