International Association Of Lions Clubs
- Assets
- $314.9k
- Revenue
- $118.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Homosassa, FL
- Founding
- 04/1971
- Data as of
- 06/2022
- EIN
- 23-7113138
Organization Overview
International Association Of Lions Clubs is located in Homosassa, FL. 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 06/2022, International Association Of Lions Clubs generated $118.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $87.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOMOSASSA LIONS CLUB WAS CHARTERED BY LIONS CLUBS INTERNATIONAL TO ADDRESS THE NEEDS OF THE LOCAL COMMUNITY IN AND AROUND HOMOSASSA, FLORIDA. THE CLUB HAS SERVED THE NEEDY OF THE LOCAL COMMUNITY FOR OVER 50 YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LIONS CLUB ADOPTED EYESIGHT PRESERVATION AS THE PRIMARY FOCUS OF OUR CHARITABLE GIVING. ALTHOUGH THE CLUB SUPPORTS MANY CHARITIES AND ASSISTS COMMUNITY ORGANIZATIONS IN MANY WAYS, EYESIGHT RECEIVES MOST OF THE CLUB'S EFFORT AND RESOURCES. EYESIGHT ASSISTANCE TAKES MANY FORMS FROM CATARACT SURGERY FOR THE ELDERLY TO EYEGLASSES FOR YOUNGSTERS WHOSE FAMILIES CANNOT AFFORD THE PRESCRIPTION GLASSES THEMSELVES. THE CLUB PROVIDES FREE VISION SCREENING TO THE CITRUS COUNTY SCHOOL SYSTEM EACH FALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Gann Secretary | OfficerTrustee | 4 | $0 |
Dana Comeau Treasurer | OfficerTrustee | 4 | $0 |
Paul Gadke President | OfficerTrustee | 4 | $0 |
Barbara Comeau Lion Tamer | Trustee | 4 | $0 |
Cheryl Fox 1st Vice President | Trustee | 4 | $0 |
Carol Phillips Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,128 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,912 |
| Total Program Service Revenue | $0 |
| Investment income | $251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,040 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $105,539 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $118,742 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,000 |
| 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. | $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 | $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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,660 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,772 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $5,565 |
| Depreciation, depletion, and amortization | $5,373 |
| Insurance | $0 |
| All other expenses | $588 |
| Total functional expenses | $87,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,995 |
| Savings and temporary cash investments | $58,312 |
| 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 | $113,618 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $314,925 |
| 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 | $314,925 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $314,925 |
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