Activity Fund Of The Lions Club Of Austin is located in Austin, TX. The organization was established in 1966. 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. Activity Fund Of The Lions Club Of Austin 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, Activity Fund Of The Lions Club Of Austin generated $34.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $37.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SIGHT CONSERVATION AND SERVICES TO VISUALLY IMPAIRED & LIONS INT'L CHARITABLE & EDUCATIONAL ORG
Describe the Organization's Program Activity:
DONATIONS TO JUVENILE DIABETES RESEARCH FOUNDATION - AUSTIN CHAPTER, DONATIONS FOR COLLEGE AND UNIVERSITY SCHOLARSHIPS AND DONATONS TO TEXAS LIONS CAMP FOR CHILDREN WITH PHYSICAL DISABILITIES AND MEDICAL CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Watson President | Officer | 2 | $0 |
Glenda Summers Immediate Past President | Officer | 5 | $0 |
Ann Ward Secretary | Officer | 2 | $0 |
James Roberson Treasurer | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,832 |
Investment income | $2,297 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $42,078 |
Net Income from Gaming Activities | -$20,676 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $34,531 |
Statement of Expenses | |
---|---|
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 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 | $0 |
Total functional expenses | $37,752 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,241 |
Savings and temporary cash investments | $45,729 |
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 | $920 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | -$11,083 |
Total assets | $91,256 |
Accounts payable and accrued expenses | $16,319 |
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 | $16,319 |
Net assets without donor restrictions | $34,937 |
Net assets with donor restrictions | $40,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $74,937 |
Over the last fiscal year, Activity Fund Of The Lions Club Of Austin has awarded $22,250 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
JUVENILE DIABETES RESEARCH FOUNDATION PURPOSE: DONATION FOR JUVENILE DIABETES RESEARCH EXPENSES | $10,900 |
TEXAS LIONS CAMP PURPOSE: DONATION FOR TEXAS LIONS CAMP EXPENSES | $11,350 |