Southport Lions Foundation
- Assets
- $126.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southport, NC
- Founding
- 12/2003
- Data as of
- 06/2023
- EIN
- 01-0790839
Organization Overview
Southport Lions Foundation is located in Southport, NC. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Southport Lions 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 06/2023, Southport Lions Foundation generated $67.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $89.4k during the year ending 06/2023. While expenses have increased by 11.0% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Albizu Tail Twister | 0 | $0 | |
Al Posey Club Treasur | 0 | $0 | |
Mike Blau President | 0 | $0 | |
Ken Updike Past Preside | 0 | $0 | |
Louis Dabramo 2nd Vice Pre | 0 | $0 | |
Barbara Lemos Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $511 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $63,716 |
| Other Revenue | $0 |
| Total Revenue | $67,277 |
| 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 | $821 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,225 |
| Total expenses | $89,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,007 |
| Other assets | $0 |
| Total assets | $126,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $126,402 |