Lancaster County Lions Foundation Inc
- Assets
- $16.6k
- Revenue
- $21.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Kilmarnock, VA
- Founding
- 11/2018
- Data as of
- 06/2022
- EIN
- 83-2259081
Organization Overview
Lancaster County Lions Foundation Inc is located in Kilmarnock, VA. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Lancaster County Lions 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 06/2022, Lancaster County Lions Foundation Inc generated $21.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $16.1k during the year ending 06/2022. While expenses have increased by 11.3% per year over the past 3 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
SCHOLARSHIPS GIVEN TO LANCASTER COUNTY VIRGINIA HIGH SCHOOL STUDENTS ENTERING THE FRESHMAN YEAR AT A COLLEGE OR UNIVERSITY OF THEIR CHOOSING.
FOOD BANKS OPERATING WITHIN LANCASTER COUNTY VIRGINIA
CHILDRENS SPORTS ACTIVITIES IN LANCASTER COUNTY VIRGINIA.
COVERS THE COST OF EYE EXAMS EYEGLASSES AND HEARING AIDS FOR INDIVIDUALS IN NEED OF ASSISTANCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Pevahouse Treasurer | 8 | $0 | |
Michael Petty Secretary | 8 | $0 | |
Frank Congel President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,500 |
| 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 | $712 |
| Other Income | $16,196 |
| Total Revenue | $21,408 |
| 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 | $14,579 |
| Total operating and administrative expenses | $14,579 |
| Contributions, gifts, grants paid | $1,500 |
| Total expenses and disbursements | $16,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,222 |
| 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 | $379 |
| 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 | $16,601 |
| 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, Lancaster County Lions Foundation Inc has awarded $9,112 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
OLD DOMINION EYE CARE PURPOSE: EYE EXAMINATION AND EYEGLASSES FOR THOSE OF NEED IN LANCASTER COUNTY. | $1,665 |
Kilmarnock, VA PURPOSE: DONATION TO LANCASTER COUNTY LITTLE LEAGUE BASEBALL. | $800 |
WILLIAM MCCARTHY PURPOSE: SCHOLARSHIP PAID TO UNIVERSITY OF VIRGINIA | $750 |
ROMAN CUTLER PURPOSE: SCHOLARSHIP PAID TO VIRGINIA COMMONWEALTH UNIVERSITY | $750 |
MARCUS KEEVE PURPOSE: SCHOLARSHIP PAID TO RAPPAHANNOCK COMMUNITY COLLEGE | $750 |
CARLYLE SMITH PURPOSE: SCHOLARSHIP PAID TO VIRGINIA TECH | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council On Foundations Inc Washington, DC | $28,475,981 | $12,025,472 |
Independent Sector Washington, DC | $46,005,638 | $15,271,435 |
Capital Research Center Washington, DC | $10,585,659 | $6,083,008 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
National Center For Family Philanthropy Inc Washington, DC | $7,834,627 | $8,108,744 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
National Council Of Nonprofits Washington, DC | $6,534,362 | $5,933,056 |
Friends Of Ufm Inc Mclean, VA | $131,424 | $1,208,671 |
Association Of State Service Commissions Washington, DC | $2,273,259 | $2,551,469 |
Meagel Charitable Tr Parkersburg, WV | $19,887,737 | $1,831,117 |