International Association Of Lions Clubs
- Assets
- $68.3k
- Revenue
- $66.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Hinckley, MN
- Founding
- 12/1940
- Data as of
- 12/2023
- EIN
- 23-7190531
Organization Overview
International Association Of Lions Clubs is located in Hinckley, MN. 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. As of 12/2023, International Association Of Lions Clubs employed 9 individuals. 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 12/2023, International Association Of Lions Clubs generated $66.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $50.9k during the year ending 12/2023. While expenses have increased by 20.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER VOLUNTEERS TO SERVE THEIR COMMUNITIES, MEET HUMANITARIAN NEEDS, ENCOURAGE PEACE, AND PROMOTE INTERNATIONAL UNDERSTANDING THROUGH LIONS CLUBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL LIONS CLUB SUPPORTS AND SERVES THE LOCAL COMMUNITY BY PROMOTING EVENTS FOR THE YOUTH AND ELDERLY. THE LIONS ALSO SUPPORT AND SERVE DISABLED CITIZENS IMPROVING QUALITY OF LIFE.
GAMBLING: THE FORMS OF GAMBLING CONDUCTED BY THE ORGANIZATION DURING THE YEAR ENDED 12/31/2023, INCLUDED PAPER PULL-TABS, PADDLETICKETS, NON-LINKED BINGO, TIPBOARDS, AND SPORTS-THEMED TIPBOARDS. REVENUE IN EXCESS OF ALLOWABLE EXPENSES GENERATED BY THE LAWFUL GAMBLING FUND WERE USED FOR LAWFUL PURPOSES AND BOARD APPROVED EXPENDITURES AS DEFINED BY MINNESOTA STATUTE. GROSS RECEIPTS FOR THE YEAR ENEDED 12/31/2023, WERE 2,274,096. TOTAL GAMING EXPENSES FOR THE YEAR ENDED 12/31/2023 WERE 2,259,144.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Thomas Gambling Man | Trustee | 40 | $37,401 |
John Frank Secretary | OfficerTrustee | 15 | $5,615 |
Stacey Horton President | OfficerTrustee | 5 | $4,810 |
David Berquist Director | Trustee | 2 | $0 |
Rich Bruns Treasurer | OfficerTrustee | 5 | $0 |
Peggy Cessna Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,486 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,905 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,987 |
| Net Income from Gaming Activities | $58,693 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,944 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $75 |
| 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 | $55 |
| 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 | $305 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $37 |
| Total functional expenses | $50,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,976 |
| 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 | $1,282 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $68,258 |
| Accounts payable and accrued expenses | $30 |
| 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 | $30 |
| Net assets without donor restrictions | $68,228 |
| 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 | $68,258 |
Grants Awarded
Over the last fiscal year, International Association Of Lions Clubs has awarded $23,271 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HINCKLEY-FINLAYSON HIGH SCHOOL | | | $11,050 |
CITY OF HINCKLEY | | | $12,221 |