Oyster Bay Lions Club Foundation Inc is located in Oyster Bay, NY. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Oyster Bay Lions Club 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 06/2024, Oyster Bay Lions Club Foundation Inc generated $58.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $42.7k during the year ending 06/2024. While expenses have increased by 3.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDS FOR THE BENEFIT OF QUALIFIED LOCAL CHARITABLE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Garrison President | 2 | $0 | |
Pere Torres Secretary | 2 | $0 | |
Michael Corssen Treasurer | 2 | $0 | |
Kayel Deangelis 1st Vice President | 2 | $0 | |
Bruce Schadler Jr 2nd Vice President | 2 | $0 | |
Doug Dirossi 3rd Vice President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,416 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,403 |
| Other Revenue | $0 |
| Total Revenue | $58,013 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $378 |
| Total expenses | $42,669 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,221 |
| Other assets | $0 |
| Total assets | $58,221 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,221 |