Lions Ink
- Assets
- $28.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 12/2018
- Data as of
- 12/2022
- EIN
- 83-2420419
Organization Overview
Lions Ink is located in Minneapolis, MN. The organization was established in 2018. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Ink 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 12/2022, Lions Ink generated $87.7k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $93.0k during the year ending 12/2022. 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
LIONS INK PROVIDED AFFORDABLE HOUSING IN 3 DIFFERENT LOCATIONS, SERVING 3 YOUNG MEN AND 2 YOUNG FAMILIES WITH A TOTAL OF 6 DEPENDENT CHILDREN. ALSO, PROVIDED MENTORING, MEALS AND A SAFE SPACE FOR OVER 30 HIGH SCHOOL STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Nielsen President | 40 | $0 | |
Robert Brebick Vice President | 1 | $0 | |
Adrienne Brebick Treasurer | 10 | $0 | |
Jennifer Karlan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,236 |
| Total Program Service Revenue | $32,334 |
| Membership dues | $0 |
| Investment income | $150 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,720 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,640 |
| Professional fees and other payments to independent contractors | $3,504 |
| Occupancy, rent, utilities, and maintenance | $60,472 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,608 |
| Total expenses | $93,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,872 |
| Other assets | $0 |
| Total assets | $28,872 |
| Total liabilities | $310 |
| Net assets or fund balances | $28,562 |