Magnolia Lions Club is located in Magnolia, TX. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Lions Club 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 06/2024, Magnolia Lions Club generated $32.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $19.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
NO COST EYE EXAMS AND GLASSES FOR STUDENTS NEEDING FINANCIAL ASSISTANCE IN MAGNOLIA, HOME RENOVATIONS FOR MAGNOLIA CITIZENS IN NEED, CHRISTMAS GIFTS FOR LOCAL FAMILIES IN NEED, SCHOLARSHIPS FOR STUDENTS FROM MAGNOLIA, FREE DICTIONARIES FOR EVERY THIRD-GRADE STUDENT IN MAGNOLIA ISD, FINANCIAL ASSISTANCE TO MAGNOLIA ADULT TEEN CHALLENGE, SOCIETY OF SAMARITANS , MAGNOLIA YMCA,, FINANCIAL ASSISTANCE TO THE LIGHTHOUSE FOR THE BLIND SUMMER CAMP, PROVIDED AT NO CHARGE, TO MAGNOLIA CHILDREN WITH PHYSICAL DISABILITIES, NEUROLOGICAL DISABILITIES AND DIABETES. HUMANITARIAN RELIEF AFTER THE FLOODS IN MAGNOLIA FINANCIAL SUPPORT OF FAMILIES WHO HAVE CHILDREN WITH PEDIATRIC CANCER, FOOD INSECURITY SUPPORT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mandy Hoffman President | 12 | $0 | |
Lisa Free-Martin Secretary Treasurer | 12 | $0 | |
Matthew Dantzer Vice President | 12 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,813 |
Total Program Service Revenue | $0 |
Membership dues | $1,343 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $32,156 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $221 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $290 |
Other expenses | $3,932 |
Total expenses | $19,721 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,492 |
Other assets | $0 |
Total assets | $31,492 |
Total liabilities | $0 |
Net assets or fund balances | $31,492 |