Penn Yan Lions Foundation Inc
- Assets
- $58.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Penn Yan, NY
- Founding
- 01/2018
- Data as of
- 06/2023
- EIN
- 82-0684760
Organization Overview
Penn Yan Lions Foundation Inc is located in Penn Yan, NY. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penn Yan Lions 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 06/2023, Penn Yan Lions Foundation Inc generated $56.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $69.2k during the year ending 06/2023. While expenses have increased by 9.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO INDIVIDUALS, YOUTH ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS IN THE AREAS OF EDUCATION, HEALTH AND RECREATION.
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL ASSISTANCE TO INDIVIDALS, YOUTH ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONSIN OUR LOCAL COMMUNITY
PLAN AND BUILD HANDICAP ENTRANCE RAMPS
SPONSOR A YOUTH WRESTLING TOURNAMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norm Koek President | 1 | $0 | |
Richard Harper Vice President | 1 | $0 | |
Leigh Mackerchar Vice President | 1 | $0 | |
Doug Paddock Vice President | 1 | $0 | |
Ron Spike Secretary | 1 | $0 | |
Sarah Purdy Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,564 |
| Total Program Service Revenue | $38,497 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,457 |
| Other Revenue | $0 |
| Total Revenue | $56,518 |
| 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 | $1,177 |
| Other expenses | $68,036 |
| Total expenses | $69,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,528 |
| Other assets | $0 |
| Total assets | $58,828 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,828 |