Lions Club Of Okc Downtown Foundation Inc
- Assets
- $0.0
- Revenue
- $6.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 07/1953
- Data as of
- 06/2020
- EIN
- 73-0598554
Organization Overview
Lions Club Of Okc Downtown Foundation Inc is located in Oklahoma City, OK. The organization was established in 1953. 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. Lions Club Of Okc Downtown 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 06/2020, Lions Club Of Okc Downtown Foundation Inc generated $6.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $85.0k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LIONS CLUB OF OKC DOWNTOWN FOUNDATION, INC. IS TO PROMOTE THE BETTERMENT OF THE OKLAHOMA CITY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HI-LIONS SCHOLARSHIP PROGRAM FOR OKLAHOMA CITY AREA HIGH SCHOOL SENIOR STUDENTS. SCHOLARSHIPS ARE PAID OUT OVER ONE TO FOUR YEARS UPON VERIFICATION EACH SEMESTER THAT THE STUDENT COMPLETED ACADEMIC WORK AND IS IN COMPLIANCE WITH THE HI-LIONS PROGRAM REQUIREMENTS. ALL UNPAID SCHOLARSHIP AMOUNTS FROM PRIOR YEAR AWARDS WERE PAID OUT TO UNIVERSITY OR COLLEGE BURSAR ACCOUNTS FOR STUDENTS BENEFIT BY JUNE 30, 2020.
DONATION TO MOORE HIGH SCHOOL FOUNDATION IN MOORE, OKLAHOMA IN MEMORY OF CROSS COUNTRY TEAM MEMBERS KILLED ON CAMPUS BY WRECKLESS DRIVER. DONATION IN LIEU OF INDIVIDUAL SCHOLARSHIPS TO MOORE HIGH SCHOOL STUDENTS WHO WERE UNABLE TO ATTEND LIONS CLUB MEETING IN MARCH 2020, THE MONTH CROSS COUNTRY ATHLETES WERE KILLED ON CAMPUS.
DONATION TO OKLAHOMA CITY COMMUNITY FOUNDATION TO ESTABLISH LIONS CLUB OF OKLAHOMA CITY DOWNTOWN GUS GUDMUNSON SCHOLARSHIP FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Swiggett President | OfficerTrustee | 0 | $0 |
Pamela Wright Past President | OfficerTrustee | 0 | $0 |
Gus Gudmunson Vice President | OfficerTrustee | 0 | $0 |
Rhonda Splitt Secretary | OfficerTrustee | 0 | $0 |
Mike Ammon Treasurer | OfficerTrustee | 0 | $0 |
Jim Schroeder Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,527 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,527 |
| Total Program Service Revenue | $0 |
| Investment income | $64 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,350 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,941 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,131 |
| Grants and other assistance to domestic individuals. | $70,875 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$1 |
| Total functional expenses | $85,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Lions Club Of Okc Downtown Foundation Inc has awarded $14,131 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MOORE PUBLIC SCHOOLS FOUNDATION PURPOSE: DONATION TO MOORE PUBLIC SCHOOLS FOUNDATION GENERAL FUND IN MEMORY OF HIGH SCHOOL CROSS COUNTRY ATHLETES KILLED ON CAMPUS IN MARCH OF 2020 BY DRUNK DRIVER. MOORE STUDENTS COULD NOT PARTICIPATE IN 2019/2020 HI-LIONS SCHOLARSHIP PROGRAM. | $5,000 |
OKLAHOMA CITY COMMUNITY FOUNDATION PURPOSE: DONATION TO OKLAHOMA CITY COMMUNITY FOUNDATION AS PART OF ESTABLISHMENT OF THE LIONS CLUB OF OKLAHOMA CITY GUS GUDMUNSON SCHOLARSHIP FUND WITH THE OKLAHOMA CITY COMMUNITY FOUNDATION AS TRUSTEE. | $9,131 |