Lions Roar Foundation
- Assets
- $1.1m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 98-0549367
Organization Overview
Lions Roar Foundation is located in null. The organization was established in 2007. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Roar 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, Lions Roar Foundation generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIONS ROAR IS AN INDEPENDENT NON-PROFIT FOUNDATION WHOSE MISSION IS TO COMMUNICATE BUDDHIST WISDOM AND PRACTICES IN ORDER TO BENEFIT PEOPLES LIVES AND OUR SOCIETY, AND TO SUPPORT THE DEVELOPMENT OF BUDDHISM IN THE MODERN WORLD.
Describe the Organization's Program Activity:
PUBLISHED SIX ISSUES OF LION'S ROAR, THE BEST-SELLING AND MOST WIDELY-READENGLISH-LANGUAGE BUDDHIST MAGAZINE, AN AWARD-WINNING BIMONTHLY.PUBLISHED FOUR ISSUES OF BUDDHADHARMA: THE PRACTITIONERS QUARTERLY, AN IN-DEPTH,PRACTICE-ORIENTED JOURNAL FOR SERIOUS STUDENTS OF BUDDHISM.PUBLISHED FOUR SPECIAL INTEREST PUBLICATIONS; WISDOM OF PEMA CHODRON, THE MINDFULNESS TOOLKIT, MEDITATIONS FOR TOUGH TIMES, AND WISDOM FOR WELL-BEING. SUCCESSFUL CREATION AND DELIVERY OF COURSES AND OTHER ONLINE EVENTS FROM A VARIETY OF WELL KNOWN AND RESPECTED TEACHERS, INCLUDING AN IMPORTANT PEMA CHODRON MAJOR SUMMIT. ADDITIONAL ONLINE EXPANSION INCLUDED THE CREATION OF 20 PODCASTS. CONTINUED TO EXPAND THE CONTENT AND AUDIENCE OF ITS WEBSITE, LIONSROAR.COM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Mcleod President | OfficerTrustee | 40 | $78,545 |
Ben Moore Secty/treasurer | OfficerTrustee | 40 | $78,188 |
Charles G Lief Board Chair | OfficerTrustee | 1 | $0 |
Larry Yang Member | Trustee | 1 | $0 |
Pat Enkyo O'hara Member | Trustee | 1 | $0 |
Eric Colombel Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dollco Print Solutions Group Printing Services | 12/30/19 | $327,512 |
Publishers Creative Systems Mailhouse | 12/30/19 | $127,692 |
Lowe-martin Company Inc Printing & Shipping | 12/30/19 | $109,015 |
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 | $354,994 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $354,994 |
| Total Program Service Revenue | $2,193,517 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $109,163 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,762,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,624 |
| Compensation of current officers, directors, key employees. | $24,497 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $821,175 |
| Pension plan accruals and contributions | $7,454 |
| Other employee benefits | $30,487 |
| Payroll taxes | $75,552 |
| 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 | $18,593 |
| Advertising and promotion | $25,990 |
| Office expenses | $29,100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,622 |
| Travel | $5,699 |
| 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 | $8,989 |
| Insurance | $13,296 |
| All other expenses | $224,820 |
| Total functional expenses | $2,718,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $740,999 |
| Savings and temporary cash investments | $31,757 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $131,135 |
| 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 | $94,460 |
| Net Land, buildings, and equipment | $28,862 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,905 |
| Total assets | $1,120,118 |
| Accounts payable and accrued expenses | $185,187 |
| Grants payable | $0 |
| Deferred revenue | $1,126,301 |
| 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 | $47,328 |
| Other liabilities | $0 |
| Total liabilities | $1,358,816 |
| Net assets without donor restrictions | $0 |
| 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 | -$238,698 |
| Total liabilities and net assets/fund balances | $1,120,118 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lions Roar Foundation has recieved totaling $230,000.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $230,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joseph Rowntree Foundation | $422,657,604 | $8,163,690 |
American School Of Milan | $34,975,339 | $18,900,429 |
Shalva Israel Assoc To Relieve The Handicapped Child And Family | $89,694,654 | $19,416,096 |
Cuso International | $17,986,190 | $25,338,532 |
West Africa Rice Development Association | $23,999,248 | $19,439,683 |
Merton College | $449,219,486 | $18,363,821 |
Cooperativa De Ahorro Y Credito De Vega Alta | $355,977,126 | $21,743,565 |
Ivey Business School Foundation | $20,172,840 | $19,210,645 |
Tula Foundation | $43,438,708 | $5,288,962 |
Allgemeine Anthroposophische | $21,895,649 | $16,689,603 |
Master & Fellows Of Peterhouse | $470,069,266 | $14,639,374 |
Bermuda Institute Of Ocean Sciences Bios Inc | $48,144,596 | $11,893,948 |