Lokey Charities
- Assets
- $103.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-1687370
Organization Overview
Lokey Charities is located in Clearwater, FL. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lokey Charities 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 12/2022, Lokey Charities generated $88.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $77.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lokey Charities has awarded 28 individual grants totaling $408,300. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LOKEY CHARITIES, INC. PROVIDES GRANTS TO COMMUNITY ORGANIZATIONS TO FURTHER ITS MISSION TO HELP CHILDREN AND YOUTH REACH THEIR FULL POTENTIAL BY PROVIDING FOR BASIC NEEDS SUCH AS FOOD, SHELTER, MEDICAL CARE AND POSITIVE MENTORING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul B Lokey President | 1 | $0 | |
Terri A Aaron Secretary / Tresasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,389 |
| Other Revenue | $0 |
| Total Revenue | $88,789 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,768 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $73 |
| Other expenses | $5,266 |
| Total expenses | $77,484 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,160 |
| Other assets | $0 |
| Total assets | $103,160 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,160 |
Grants Awarded
Over the last fiscal year, Lokey Charities has awarded $98,600 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SKYCREST COMMUNITY CHURCH PURPOSE: SUPPORT THEIR COMMUNITY PROGRAM | $27,500 |
FAMILY FIRST PURPOSE: SUPPORT THE ALL PRO DAD AND IMOM PROGRAMS | $25,000 |
HOMELESS EMERGENCY PROJECT PURPOSE: SUPPORT THE HOMELESS SHELTER PROGRAMS | $10,000 |
YMCA OF THE SUNCOAST PURPOSE: SUPPORT FOR THE AFTER SCHOOL CHILDREN PROGRAMS | $10,600 |
THE SALVATION ARMY PURPOSE: SUPPORT THE SALVATION ARMY PROGRAMS | $7,000 |
GOODWILL INDUSTRIES - SUNCOAST INC PURPOSE: SUPPORT OF GOODWILL PROGRAMS | $7,500 |