International Association Of Lions Clubs
- Assets
- $354.4k
- Revenue
- $92.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Narragansett, RI
- Founding
- 04/1971
- Data as of
- 06/2021
- EIN
- 23-7051131
Organization Overview
International Association Of Lions Clubs is located in Narragansett, RI. The organization was established in 1971. 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 a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Lions Clubs is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, International Association Of Lions Clubs generated $92.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $84.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, International Association Of Lions Clubs has awarded 11 individual grants totaling $243,259. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE IDEALS OF LIONISM IN SOUTHERN RHODE ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED AND RAN NUMEROUS FUNDRAISING EVENTS DURING THE YEAR TO ASSIST RESIDENTS AND CHARITABLE ORGANIZATIONS LOCATED PRIMARILY IN SOUTH COUNTY, RI.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Petit President | Officer | 15 | $0 |
Richard Sweetman Vice President | Officer | 5 | $0 |
John Vitale Secretary | Officer | 10 | $0 |
Don Mccarron Treasurer | Officer | 10 | $0 |
Erik Menke Vice President | Officer | 10 | $0 |
Sue Buonanno Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,454 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,566 |
| Total Program Service Revenue | $0 |
| Investment income | $1,507 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $62,266 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,445 |
| Grants and other assistance to domestic individuals. | $12,649 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,893 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,462 |
| Travel | $0 |
| 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 | $11,869 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,127 |
| All other expenses | $0 |
| Total functional expenses | $84,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,099 |
| Savings and temporary cash investments | $268,443 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $37,896 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $354,438 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $354,438 |
| Total liabilities and net assets/fund balances | $354,438 |
Grants Awarded
Over the last fiscal year, International Association Of Lions Clubs has awarded $22,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NARRAGANSETT SCHOOL SYSTEM PURPOSE: NEW SCOREBOARD & SUPPORT FOR PRGM | $12,000 |
RHODE ISLAND LIONS SIGHT PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Duet Inc Boston, MA | $6,806,173 | $2,616,940 |
Beverly Bootstraps Community Services Inc Beverly, MA | $4,894,230 | $3,812,674 |
Social Finance CT Family Stability 2016 Manager Inc Boston, MA | $0 | $11,166,196 |
Healing Abuse Working For Change Inc Salem, MA | $2,882,980 | $2,538,476 |
Hyde Square Task Force Inc Jamaica Plain, MA | $8,812,597 | $3,096,731 |
Willow Tree Fund Boston, MA | $12,605,168 | $497,869 |
Natick Service Council Inc Natick, MA | $3,603,173 | $2,091,683 |
International Association Of Lions Clubs Terryville, CT | $8,506 | $440,442 |
Coastal Connections Inc Amesbury, MA | $4,041,627 | $1,656,896 |
Coalition For A Prosperous Americainc Sheffield, MA | $785,707 | $1,562,784 |
New England Learning Center For Women In Transition Inc Greenfield, MA | $1,565,134 | $1,775,208 |