Algonac Lions Charities Inc
- Assets
- $324.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algonac, MI
- Founding
- 05/2004
- Data as of
- 06/2022
- EIN
- 32-0104818
Organization Overview
Algonac Lions Charities Inc is located in Algonac, MI. The organization was established in 2004. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Algonac Lions Charities 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, Algonac Lions Charities Inc generated $57.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $60.5k during the year ending 06/2022. While expenses have increased by 6.9% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
DONATIONS TO OTHER LOCAL ORGANIZATIONS
DONATIONS TO OTHER LOCAL ORGANIZATIONS
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 |
|---|---|---|---|
Jerry Pawelski Treasurer | 2 | $0 | |
Don Matzka Director | 2 | $0 | |
Elie Nahed Secretary | 2 | $0 | |
Gary Miodawski President | 2 | $0 | |
William Brady Director | 2 | $0 | |
Rich Hick Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,831 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $39,629 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,460 |
| 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 | $895 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,830 |
| Total expenses | $60,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,344 |
| Other assets | $0 |
| Total assets | $324,778 |
| Total liabilities | $0 |
| Net assets or fund balances | $324,778 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Algonac Lions Charities Inc has recieved totaling $26,207.
| Awarding Organization | Amount |
|---|---|
International Association Of Lions Clubs Algonac, MI | | $17,250 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $8,912 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
College Properties Of Lorain County Inc Oberlin, OH | $42,105,647 | $1,116,823 |
Ethel And James Flinn Foundation Detroit, MI | $60,556,693 | $4,592,274 |
Andrew Squire Testamentary Tr Brooklyn, OH | $55,206,125 | $2,759,650 |
Elma M Lapp Foundation Cincinnati, OH | $48,551,204 | $2,777,654 |
James And Angela Hambrick Foundation Beachwood, OH | $47,675,714 | $9,104,486 |