Lions Of Illinois Foundation
- Assets
- $1.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 26
- Location
- DeKalb, IL
- Founding
- 06/1974
- Data as of
- 06/2024
- EIN
- 23-7379629
Organization Overview
Lions Of Illinois Foundation is located in DeKalb, IL. The organization was established in 1974. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2024, Lions Of Illinois Foundation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Of Illinois 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 06/2024, Lions Of Illinois Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.7m during the year ending 06/2024. While expenses have increased by 4.6% per year over the past 6 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE VISION OF THE LIONS OF ILLINOIS FOUNDATION IS TO CREATE A PERMANENT VEHICLE FOR THE DELIVERY OF PROGRAMS AND SERVICES TO THE VISUALLY AND HEARING IMPAIRED
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO HEARING AND VISUALLY IMPAIRED THROUGHOUT THE STATE OF ILLINOIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Fruit Executive Dir. | OfficerTrustee | 40 | $88,542 |
Shelia Perkins Trustee | Trustee | 1 | $0 |
Mark Williams Trustee | Trustee | 1 | $0 |
Ralph Zarada Trustee | Trustee | 1 | $0 |
Guideon Richeson Trustee | Trustee | 1 | $0 |
Gary Kreutzberg Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,247,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,247,039 |
| Total Program Service Revenue | $0 |
| Investment income | $39,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$390 |
| Net Income from Fundraising Events | $330,566 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $49,544 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,665,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $715,794 |
| 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. | $88,542 |
| Compensation of current officers, directors, key employees. | $8,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,692 |
| 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 | $19,748 |
| Advertising and promotion | $18,273 |
| Office expenses | $9,968 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,025 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $23,190 |
| Insurance | $18,883 |
| All other expenses | $151,456 |
| Total functional expenses | $1,741,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $941,866 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $438,134 |
| Accounts receivable, net | $4,589 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,583 |
| Prepaid expenses and deferred charges | $39,009 |
| Net Land, buildings, and equipment | $116,424 |
| Investments—publicly traded securities | $34,960 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,367 |
| Total assets | $1,670,932 |
| Accounts payable and accrued expenses | $34,030 |
| 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 | $58,367 |
| Total liabilities | $92,397 |
| Net assets without donor restrictions | $1,394,064 |
| Net assets with donor restrictions | $184,471 |
| 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 | $1,670,932 |
Grants Awarded
Over the last fiscal year, Lions Of Illinois Foundation has awarded $97,813 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ILLINOIS COLLEGE OF OPTOMETRY PURPOSE: EDUCATIONAL PROGRAMS | $20,153 |
SPECTRIOS INSTITUTE PURPOSE: VISUAL REHABILITATION PROGRAMS | $54,000 |
THE CHICAGO LIGHTHOUSE PURPOSE: EDUCATIONAL, CLINICAL, VOCATIONAL, AND REHABILITATION PROGRAMS | $23,660 |