Lions Memorial Scholarship Fund Inc
- Assets
- $179.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fredericksbrg, VA
- Founding
- 04/1992
- Data as of
- 06/2023
- EIN
- 54-1420410
Organization Overview
Lions Memorial Scholarship Fund Inc is located in Fredericksbrg, VA. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Memorial Scholarship Fund 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 06/2023, Lions Memorial Scholarship Fund Inc generated $54.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $42.9k during the year ending 06/2023. While expenses have increased by 0.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP FUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Eye President | 3 | $0 | |
Dan Sadtler 1st Vice President | 3 | $0 | |
Stephanie Terrell 2nd Vice President | 3 | $0 | |
Wendell Anderson 3rd Vice President | 3 | $0 | |
Elizabeth Knoxville Secretary | 10 | $0 | |
Sally Cooney Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,807 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,070 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $40,694 |
| Other Revenue | $0 |
| Total Revenue | $54,571 |
| 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 | $0 |
| Other expenses | $0 |
| Total expenses | $42,936 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $179,481 |
| Other assets | $0 |
| Total assets | $179,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $179,481 |