Texas Lions Eyeglass Recycling Center Foundation
- Assets
- $241.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 61-1559641
Organization Overview
Texas Lions Eyeglass Recycling Center Foundation is located in Midland, TX. The organization was established in 2010. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Lions Eyeglass Recycling Center 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 06/2022, Texas Lions Eyeglass Recycling Center Foundation generated $137.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $121.8k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
DISPENSED OVER 1,000,000 USED EYEGLASSES FOR MISSION PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn L Keskitalo Executive Director | 30 | $23,610 | |
Zoie White Director | 1 | $0 | |
Mike Melcher Director | 1 | $0 | |
Susan Driscoll Director | 1 | $0 | |
Jerry Bentley Pdg Director | 1 | $0 | |
John Paul Burnett Pdg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,928 |
| Total Program Service Revenue | $1,131 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,100 |
| Other Revenue | $0 |
| Total Revenue | $137,159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $423 |
| Salaries, other compensation, and employee benefits | $45,644 |
| Professional fees and other payments to independent contractors | $8,051 |
| Occupancy, rent, utilities, and maintenance | $32,923 |
| Printing, publications, postage, and shipping | $1,523 |
| Other expenses | $33,236 |
| Total expenses | $121,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,419 |
| Other assets | $0 |
| Total assets | $241,535 |
| Total liabilities | $5,918 |
| Net assets or fund balances | $235,617 |