Greater Killeen Lions Club Foundation Inc
- Assets
- $137.3k
- Revenue
- $21.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Killeen, TX
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 74-2239997
Organization Overview
Greater Killeen Lions Club Foundation Inc is located in Killeen, TX. The organization was established in 2001. 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. Greater Killeen Lions Club Foundation 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 12/2021, Greater Killeen Lions Club Foundation Inc generated $21.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $34.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Greater Killeen Lions Club Foundation Inc has awarded 39 individual grants totaling $451,157. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALL REVENUE IS USED FOR EXEMPT PURPOSES OF SUPPORTING 501C(3) ORGANIZATIONS AND GOVERNMENTAL UNITS
Describe the Organization's Program Activity:
PROVIDE FUNDS FOR COMMUNITY IMPROVEMENTS & SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Sanchez Secretary | OfficerTrustee | 5 | $0 |
Shane Isdale President | OfficerTrustee | 5 | $0 |
Joe Burnett Treasurer | OfficerTrustee | 5 | $0 |
Stewart Spencer Bingo Chairman | Trustee | 0 | $0 |
David J Woodberry Director | Trustee | 0 | $0 |
Angelica Acosta Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $21,449 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,464 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,825 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $134 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,408 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,895 |
| All other expenses | $0 |
| Total functional expenses | $34,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,051 |
| Savings and temporary cash investments | $103,206 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $137,257 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $137,257 |
| Total liabilities and net assets/fund balances | $137,257 |
Grants Awarded
Over the last fiscal year, Greater Killeen Lions Club Foundation Inc has awarded $120,307 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF KILLEEN PURPOSE: TO PROVIDE YOUTH EDUCATIONAL AND PHYSICAL TRAINING | $100,000 |
Killeen, TX PURPOSE: TO PROVIDE MEDICAL ASSISTANCE TO THOSE IN NEED.YOUTH EDUCATIONAL AND PHYSICAL TRAINING | $8,000 |
Killeen, TX PURPOSE: TO PROVIDE YOUTH EDUCATIONAL AND PHYSICAL TRAINING | $7,307 |
Bethesda, MD PURPOSE: TO SUPPORT THE CYSTIC FIBROSIS FOUNDATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |
Webber Family Foundation Austin, TX | $16,109,859 | $1,226,381 |
Bookworm Box Llc Sulphur Springs, TX | $458,059 | $1,085,184 |
George H Dunklin Jr Charitable Foundation Stuttgart, AR | $15,909,080 | $2,491,199 |