Powhatan Lions Club Foundation
- Assets
- $38.3k
- Revenue
- $47.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Powhatan, VA
- Founding
- 03/2016
- Data as of
- 12/2021
- 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 12/2021, Powhatan Lions Club Foundation generated $47.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $33.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
19 LOCAL CHARITIES SEE DETAILS IN PART XV, LINE 3
4 STATE CHARITABLE ORGANIZATIONS SEE DETAILS IN PART XV, LINE 3
4 NATIONAL CHARITABLE ORGANIZATIONS SEE DETAILS IN PART XV, LINE 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Tackett President | 2 | $0 | |
Kathy Ware Treasurer | 2 | $0 | |
Billy Melton Vice President | 2 | $0 | |
Allen Minter Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $47,294 |
| 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 | $47,294 |
| 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 | $17,731 |
| Total operating and administrative expenses | $17,731 |
| Contributions, gifts, grants paid | $15,619 |
| Total expenses and disbursements | $33,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,263 |
| 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 | $38,263 |
| 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 $15,619 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
POWHATAN HIGH SCHOOL PURPOSE: COLLEGE SCHOLARSHIPSFOR GRADUATES | $2,000 |
Powhatan, VA PURPOSE: PROVIDES CHRISTMAS GIFTS FOR LOW INCOMEFAMILIES | $1,525 |
Powhatan, VA PURPOSE: PROVIDE COLLEGESCHOLARSHIP | $1,000 |
LIONS INTL FOUNDATION PURPOSE: DONATION TO THEIRGRANT FUNDS | $1,000 |
BURKEVILLE LODGE FOR THE BLIND PURPOSE: PROVIDES HOUSING ANDEDUCATION FOR THE BLIND | $1,000 |
Powhatan, VA PURPOSE: PROVIDES EMERGENCYSERVICES TO OURCOMMUNITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland Eye Association Pa Baltimore, MD | $2,137,638 | $8,234,651 |
Metrolina Association For The Blind Inc Charlotte, NC | $1,978,768 | $3,646,463 |
Kleb Inc Louisville, KY | $1,708,878 | $3,338,144 |
Conexus Richmond, VA | $2,113,559 | $3,416,760 |
Lions Volunteer Blind Industries Inc Morristown, TN | $6,170,102 | $1,326,528 |
Lions Medical Eye Bank And Research Center Of Eastern Virginia Inc Norfolk, VA | $3,467,664 | $2,434,440 |
American Council Of The Blind Inc Alexandria, VA | $5,964,246 | $2,166,772 |
Prevention Of Blindness Society Of Metropolitan Washington Inc Washington, DC | $29,901,307 | $2,060,250 |
Kentucky Optometric Association Frankfort, KY | $1,137,225 | $1,149,939 |
Cabell Wayne Association Of The Blind Inc Huntington, WV | $1,907,157 | $860,137 |
Mid-South Lions Sight And Hearing Service Memphis, TN | $169,992 | $860,951 |
Contact Lens Institute Washington, DC | $782,895 | $921,247 |