Scandia Marine Lions Foundation
- Assets
- $102.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Scandia, MN
- Founding
- 09/2014
- Data as of
- 12/2017
- EIN
- 46-4472239
Organization Overview
Scandia Marine Lions Foundation is located in Scandia, MN. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Scandia Marine Lions 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 12/2017, Scandia Marine Lions Foundation generated $36.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
THE SCANDIA-MARINE LIONS FOUNDATION SUPPORTS THIS MISSION BY FUNDRAISING THROUGH ACTIVITIES SUCH AS OUR FAT CAT TRIATHLON TO SUPPORT THE LOCAL COMMUNITY BY PROVIDING FUNDS FOR SCHOLARSHIPS AND INDIVIDUALS IN NEED AS WELL AS SUPPORT LOCAL ORGANIZATIONS PROMOTING THE WELFARE OF OTHERS. THE SCANDIA-MARINE LIONS FOUNDATION SUPPORTS PROGRAMS TO ELIMINATE ILLNESS AND DISEASE THROUGHOUT THE WORLD BY MAKING DONATIONS TO OTHER CHARITABLE ORGANIZATIONS TO SUPPORT THE FIGHT OF DISEASE AND HELP IMPROVE THE QUALITY OF LIFE FOR THOSE INDIVIDUALS AFFECTED, TO FIND A CURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doran O'brien Member | 1 | $0 | |
Marilyn Opp Member | 1 | $0 | |
Bob Daniels President | 2.5 | $0 | |
Janeen Berchem Secretary | 1.5 | $0 | |
Jim Opp Treasurer | 2 | $0 | |
George Galleberg Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,764 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,287 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$195 |
| Other Revenue | $0 |
| Total Revenue | $36,856 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $20,533 |
| Total expenses | $37,685 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,190 |
| Other assets | $0 |
| Total assets | $102,755 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,755 |
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