Glasgow Lions Service Foundation Inc is located in Newark, DE. The organization was established in 1988. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Glasgow Lions Service 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 06/2022, Glasgow Lions Service Foundation Inc generated $6.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $1.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PURCHASE OF EYE GLASSES, EYE EXAMS, HOSPITAL EQUIPMENT, FOOD BASKETS, SPORTS PROGRAMS, AND OTHER PHILANTHROPIC MEASURES TO HELP THE NEEDY WITHIN THE COMMUNITIES OF BEAR, GLASGOW, AND NEWARK DELAWARE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Loretta Maclaren Secretary | 10 | $0 | |
Tommy Lu President | 5 | $0 | |
Keith Thompson Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $499 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,443 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,079 |
Other Revenue | $0 |
Total Revenue | $6,021 |
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 | $443 |
Total expenses | $1,916 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,330 |
Other assets | $0 |
Total assets | $41,548 |
Total liabilities | $0 |
Net assets or fund balances | $41,548 |
Over the last fiscal year, we have identified 1 grants that Glasgow Lions Service Foundation Inc has recieved totaling $77.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
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