Terryville Lions Charities Inc
- Assets
- $1.7m
- Revenue
- $595.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Terryville, CT
- Founding
- 04/2016
- Data as of
- 06/2022
- EIN
- 81-1638937
Organization Overview
Terryville Lions Charities Inc is located in Terryville, CT. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Terryville Lions Charities 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 06/2022, Terryville Lions Charities Inc generated $595.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $420.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDS FOR SIGHT RELATED PROJECTS AND RESEARCH; DISTRIBUTE FUNDS TO COMMUNITY ORGANIZATIONS, PROJECTS, AND THE LESS FORTUNATE; DONATE FUNDS TO LOCAL YOUTH ORGANIZATIONS; AND SUPPORT LOCAL, REGIONAL, AND NATIONAL CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIGHT: THESE DONATIONS ARE FOR RESEARCH DESIGNED TO ERADICATE PREVENTABLE BLINDNESS, IMPROVE TREATMENT OF BLINDNESS PROCEDURES, AND PROVIDE DEVICES TO PERSONS OF LOW VISION. COMMUNITY: THESE DONATIONS ARE EXAMPLES OF THE TERRYVILLE LIONS CLUB'S COMMITMENT TO ITS COMMUNITY. THESE DONATIONS ARE FOR THE FUEL BANK, A CHILDREN'S HALLOWEEN PARTY, AND EGG HUNT, THE AFTER GRAD PARTY, EYE WORK FOR THE NEEDY, DONATIONS TO PUBLIC HEALTH, FIRE, LOCK MUSEUM, ET AL. THIS INCLUDES THE ORGANIZATIONS'S ANNUAL CHRISTMAS DISTRIBUTION TO NEEDY FAMILIES (APPROXIMATELY 45-55) WHO RECEIVE BASKETS OF FOOD, AS WELL AS WINTER CLOTHING AND TOYS FOR CHILDREN. YOUTH: THESE DONATIONS DISPLAY THE ORGANIZATION'S COMMITMENT TO THE YOUTH OF THE TOWN. SCHOLARSHIP AWARDS ARE DESIGNED TO HELP HIGH SCHOOL SENIORS FURTHER THEIR EDUCATION. THE ORGANIZATION SCREENS ALL APPLICANTS AND MAKES AWARDS BASED ON ACADEMICS, COMMUNITY SERVICE, AND FINANCIAL NEED. DONATIONS AND SPONSORING TEAMS IN YOUTH ATHLETIC LEAGUES PROVIDE AND EXTEND OPPORTUNITIES FOR MORE CHILDREN TO PARTICIPATE. DONATIONS: TO CHARITABLE ORGANIZATIONS SUCH AS RED CROSS, YMCA, JDRF, CT HOSPICE, SALVATION ARMY, ST. VINCENT DEPAUL, ET AL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Borda Director | Trustee | 0.5 | $0 |
Dave Boilard President | OfficerTrustee | 0.5 | $0 |
Sue Boilard Director | Trustee | 0.5 | $0 |
George Castle Director | Trustee | 0.5 | $0 |
Patricia Daigle Activities Treasurer | OfficerTrustee | 0.5 | $0 |
Steve Daigle Director | Trustee | 0.5 | $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 | $213,345 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,345 |
| Total Program Service Revenue | $232,612 |
| Investment income | $447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $149,012 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $595,416 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,000 |
| 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 | $0 |
| 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 | $6,670 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,505 |
| 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 | $39,599 |
| Insurance | $191 |
| All other expenses | $353,204 |
| Total functional expenses | $420,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $352,862 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,297,470 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,650,332 |
| 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 | $1,650,332 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,650,332 |