Lincolnland Exchange Clubs Foundation For Youth
- Assets
- $131.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, IL
- Founding
- 12/2005
- Data as of
- 06/2023
- EIN
- 20-3541054
Organization Overview
Lincolnland Exchange Clubs Foundation For Youth is located in Quincy, IL. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincolnland Exchange Clubs Foundation For Youth 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, Lincolnland Exchange Clubs Foundation For Youth generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $5.0k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWO COLLEGE SCHOLARSHIPS TO INDIVIDUALS NOMINATED BY LOCAL EXCHANGE CLUBS TO THE LINCOLNLAND DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Ruzon President | 2 | $0 | |
Jerry Kochkurka District President | 1 | $0 | |
Patti Molitor Treasurer | 1 | $0 | |
Janet Jacobs Secretary | 1 | $0 | |
Bill Froese Trustee | 1 | $0 | |
Lou Molitor Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,002 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,352 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15 |
| Total expenses | $5,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,492 |
| Other assets | $0 |
| Total assets | $131,777 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,777 |
Grants Awarded
Over the last fiscal year, Lincolnland Exchange Clubs Foundation For Youth has awarded $5,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ILLINOIS PURPOSE: SCHOLARSHIP | $2,500 |
UNIVERSITY OF CENTRAL FLORIDA PURPOSE: SCHAOLARSHIP | $2,500 |