International Association Of Lions Clubs
- Assets
- $456.3k
- Revenue
- $206.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Narragansett, RI
- Founding
- 04/1971
- Data as of
- 06/2022
- EIN
- 23-7051131
Organization Overview
International Association Of Lions Clubs is located in Narragansett, RI. The organization was established in 1971. 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 06/2022, International Association Of Lions Clubs generated $206.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $105.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, International Association Of Lions Clubs has awarded 11 individual grants totaling $243,259. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE IDEALS OF LIONISM IN SOUTHERN RHODE ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED AND RAN NUMEROUS FUNDRAISING EVENTS DURING THE YEAR TO ASSIST RESIDENTS AND CHARITABLE ORGANIZATIONS LOCATED PRIMARILY IN SOUTH COUNTY, RI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Petit Director | Trustee | 5 | $0 |
Sue Buonanno Director | Trustee | 5 | $0 |
Dan Carter Director | Trustee | 5 | $0 |
Bob Donnelly Director | Trustee | 5 | $0 |
David Krugman Director | Trustee | 5 | $0 |
Wes Lessard Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,999 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,870 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,869 |
| Total Program Service Revenue | $0 |
| Investment income | $577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $181,777 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,796 |
| Grants and other assistance to domestic individuals. | $37,964 |
| 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 | $22 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,045 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,663 |
| 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 | $14,490 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,944 |
| Total functional expenses | $105,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,387 |
| Savings and temporary cash investments | $269,020 |
| 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 | $37,896 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $456,303 |
| Accounts payable and accrued expenses | $1,000 |
| 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 | $1,000 |
| Net assets without donor restrictions | $0 |
| 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 | $455,303 |
| Total liabilities and net assets/fund balances | $456,303 |
Grants Awarded
Over the last fiscal year, International Association Of Lions Clubs has awarded $22,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NARRAGANSETT SCHOOL SYSTEM PURPOSE: NEW SCOREBOARD & SUPPORT FOR PRGM | $12,000 |
RHODE ISLAND LIONS SIGHT PURPOSE: GENERAL SUPPORT | $10,000 |