Powhatan Lions Club Foundation
- Assets
- $38.4k
- Revenue
- $47.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Powhatan, VA
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 81-1627737
Organization Overview
Powhatan Lions Club Foundation is located in Powhatan, VA. The organization was established in 2016. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powhatan Lions Club 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 12/2022, Powhatan Lions Club Foundation generated $47.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $47.5k during the year ending 12/2022. While expenses have increased by 8.7% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
21 LOCAL CHARITIES SEE DETAILS IN PART XV, LINE 3
6 STATE CHARITABLE ORGANIZATIONS SEE DETAILS IN PART XV, LINE 3
3 NATIONAL CHARITABLE ORGANIZATIONS SEE DETAILS IN PART XV, LINE 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Melton President | 3 | $0 | |
Jean Gannon Vice President | 3 | $0 | |
Allen Minter Secretary | 4 | $0 | |
Kathy Ware Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $47,660 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,660 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,282 |
| Total operating and administrative expenses | $19,282 |
| Contributions, gifts, grants paid | $28,226 |
| Total expenses and disbursements | $47,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,415 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $38,415 |
| 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, Powhatan Lions Club Foundation has awarded $28,226 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BLESSED SACRAMENT HUGUENOT SCHOOL PURPOSE: PROVIDE COLLEGESCHOLARSHIP | $1,000 |
BACKPACKS OF LOVE PURPOSE: PROVIDE WEEKEND MEALSTO SCHOOLCHILDREN | $500 |
BOY SCOUT TROOP 1823 PURPOSE: YOUTH PROGRAM | $250 |
CENTRAL VA LIONS HEARING AID BANK PURPOSE: RECYCLE AND PROVIDE HEARINGSAIDS FOR THOSE WHO CANNOTAFFORD THEM. | $500 |
BURKEVILLE LODGE FOR THE BLIND PURPOSE: PROVIDES HOUSING ANDEDUCATION FOR THE BLIND | $1,500 |
CHESTERFIELD PREVENT BLINDNESS LIONS CLUB PURPOSE: SUPPORT OF THEIR PROGRAMS FOR THE VISION AND HEARINGIMPAIRED. | $70 |