Minnesota Lions Diabetes Foundation Inc
- Assets
- $356.0k
- Revenue
- $347.8k
- Investments
- $0.0
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- 02/2009
- Data as of
- 06/2022
- EIN
- 26-3238179
Organization Overview
Minnesota Lions Diabetes Foundation Inc is located in St Cloud, MN. The organization was established in 2009. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Lions Diabetes 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 06/2022, Minnesota Lions Diabetes Foundation Inc generated $347.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $294.5k during the year ending 06/2022. While expenses have increased by 7.2% per year over the past 7 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.
Since 2016, Minnesota Lions Diabetes Foundation Inc has awarded 30 individual grants totaling $1,235,000. 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
THE MINNESOTA LIONS DIABETES FOUNDATION WAS FOUNDED BY THE LIONS CLUBS OF MINNESOTA, AND THEIR DEDICATED VOLUNTEER MEMBERS, WHO ARE STRONGLY COMMITTED TO IMPROVING THE LIVES OF PEOPLE WITH DIABETES BY RAISING FUNDS AND COLLABORATING PARTNERS TO DO DIABETES RESEARCH, DIABETES EDUCATION, AND SPONSOR PREVENTIVE HEALTH ACTIVITIES THAT PROVIDE A CARING AND VALUED COMMUNITY SERVICE WHILE HELPING TO FIND A CURE FOR DIABETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MINNESOTA LIONS DIABETES FOUNDATION WAS FOUNDED BY THE LIONS CLUBS OF MINNESOTA, AND THEIR DEDICATED VOLUNTEER MEMBERS, WHO ARE STRONGLY COMMITTED TO IMPROVING THE LIVES OF PEOPLE WITH DIABETES BY RAISING FUNDS AND COLLABORATING PARTNERS TO DO DIABETES RESEARCH, DIABETES EDUCATION, AND SPONSOR PREVENTIVE HEALTH ACTIVITIES THAT PROVIDE A CARING AND VALUED COMMUNITY SERVICE WHILE HELPING TO FIND A CURE FOR DIABETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Rykhus Chairperson | OfficerTrustee | 5 | $0 |
Joel Anderson Co-Treasurer | OfficerTrustee | 5 | $0 |
Kimberly Stommes Vice Chair | OfficerTrustee | 2 | $0 |
William Mcnichols Co-Treasurer | OfficerTrustee | 5 | $0 |
Kim Peters Secretary | OfficerTrustee | 2 | $0 |
Larry Winner Executive Se | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $262,617 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,553 |
| Total Program Service Revenue | $0 |
| Investment income | $572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,695 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $347,820 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| 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 | $0 |
| 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 | $5,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,173 |
| Office expenses | $3,413 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $294,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,881 |
| Savings and temporary cash investments | $237,966 |
| 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 | $5,191 |
| 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 | $356,038 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $356,038 |
| 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 | $356,038 |
Grants Awarded
Over the last fiscal year, Minnesota Lions Diabetes Foundation Inc has awarded $250,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: DIABETES RESEARCH | $50,000 |
Minneapolis, MN PURPOSE: DIABETES RESEARCH | $50,000 |
Minneapolis, MN PURPOSE: DIABETES RESEARCH | $50,000 |
Minneapolis, MN PURPOSE: DIABETES RESEARCH | $50,000 |
Minneapolis, MN PURPOSE: DIABETES RESEARCH | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Lions Diabetes Foundation Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
International Association Of Lions Clubs Anoka, MN PURPOSE: DIABETES RESEARCH | $11,000 |
Endowment Analysis
| Beg. Balance | $11,000 |
| Ending Balance | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Contact Dermatitis Society Milwaukee, WI | $2,011,445 | $820,776 |
Ehe Foundation Hobart, WI | $1,985,458 | $1,636,401 |
Learning Disabilities Association Inc Golden Valley, MN | $1,604,456 | $590,047 |
International Hepato-Pancreato Biliary Association Inc Rochester, MN | $2,330,679 | $468,075 |
Minnesota Lions Diabetes Foundation Inc St Cloud, MN | $356,038 | $347,820 |
Lupus Foundation Of America Wisconsin Chapter Inc Milwaukee, WI | $626,782 | $213,293 |
Twin Cities Lyme Foundation Stillwater, MN | $101,721 | $0 |
Blue River Trauma Society Box Elder, SD | $13,991 | $0 |
Breathe Bravely Inc Sioux Falls, SD | $45,960 | $0 |
Iowa Chapter Of The Lupus Foundation Of America Inc Des Moines, IA | $1 | $0 |
Burnsville Swim Club Inc Burnsville, MN | $4,663 | $0 |
Brady East Std Clinic Milwaukee, WI | $696,919 | $47,770 |