Lions Club Of Norfolk Foundation
- Assets
- $630.0k
- Revenue
- $54.6k
- Investments
- $595.1k
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- Data as of
- 12/2023
- EIN
- 54-6051523
Organization Overview
Lions Club Of Norfolk Foundation is located in Norfolk, VA.
For the year ending 12/2023, Lions Club Of Norfolk Foundation generated $54.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $49.7k during the year ending 12/2023. While expenses have increased by 4.4% 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.
Since 2020, Lions Club Of Norfolk Foundation has awarded 110 individual grants totaling $177,025. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chip Dodson Trustee | 0 | $0 | |
Jonathan Clark Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,893 |
| Dividends & Interest | $12,931 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,797 |
| Capital Gain Net Income | $34,797 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,621 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $930 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,245 |
| Contributions, gifts, grants paid | $43,500 |
| Total expenses and disbursements | $49,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,807 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $629,993 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lions Club Of Norfolk Foundation has awarded $43,500 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
LIONS OF VIRGINIA HEARING PURPOSE: UNRESTRICTED | $375 |
LIONS MOBILE SIGHT & HEARING UNIT PURPOSE: UNRESTRICTED | $250 |
LEADER DOGS FOR THE BLIND PURPOSE: UNRESTRICTED | $500 |
FORKIDS INC PURPOSE: UNRESTRICTED | $10,000 |
LIONS MEDICAL EYE BANK OF PURPOSE: UNRESTRICTED | $1,000 |
EDMARC HOSPICE FOR CHILDREN PURPOSE: UNRESTRICTED | $1,500 |