Denver Lions Foundation
- Assets
- $3.2m
- Revenue
- $640.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 01/1954
- Data as of
- 06/2022
- EIN
- 84-6025314
Organization Overview
Denver Lions Foundation is located in Denver, CO. The organization was established in 1954. 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. Denver Lions Foundation 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, Denver Lions Foundation generated $640.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.1% each year . All expenses for the organization totaled $199.0k during the year ending 06/2022. While expenses have increased by 5.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE NEEDY WITH EYEGLASSES, PERSONAL ASSISTANCE,HEARING ASSISTANCE AND SIGHT SCREENING OF LOWER INCOME CHILDREN IN SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES EYEGLASSES EACH MONTH TO BETWEEN 15 AND 20 LOWER INCOME TO INDIGENT INDIVIDUALS. THE FOUNDATION ALSO PROVIDES EYE EXAMS TO NEEDY INDIVIDUALS THROUGH AN OPHTHAMOLOGIST AND THE DENVER RESCUE MISSION. THE FOUNDATION ALSO HELPS FUND EYE SIGHT EXAMS AT VARIOUS SCHOOLS ATTENDED BY CHILDREN FROM LOWER INCOME FAMILIES. OVER 2000 CHILDREN ARE TESTED IN THIS PROGRAM KNOWN AS KIDSIGHT.
THE FOUNDATION HELPS PERSONS IN NEED OF HEARING TESTING, AND HEARING AIDS. LOW INCOME TO INDIGENT INDIVIDUALS ARE REFERRED TO A FOUNDATION COMMITTEE TO DETERMINE THE NEED AND IF APPROVED PAYMENT TO ASSIST IN SECURING HEARING AIDS.
DIRECT ASSISTANCE TO LOWER INCOME TO INDIGENT INDIVIDUALS FOR PRESCRIPTION DRUGS, DOCTOR BILLS, HELP WITH RENT, SCHOOL CLOTHING FOR CHILDREN, HELP WITH BUYING GROCERIES. INDIVIDUALS ARE REFERRED TO THE FOUNDATION BY A COMMITTEE THAT SCREENS THE NEEDS TO ASSURE THAT THE PERSON TO RECEIVE HELP IS IN FACT NEEDY. THE FOUNDATION IS THE "COURT OF LAST RESORT" FOR MANY OF THESE INDIVIDUALS, WHERE THEY CAN GET DIRECT ASSISTANCE WITHOUT GOING THROUGH A LOT OF "BUREAUCRATIC RED TAPE". ALSO ASSISTANCE TO A CHILD CARE CENTER FOR LOW INCOME FAMILIES AND A RESIDENTIAL FACILITY FOR TROUBLED YOUTH THAT ARE IN NEED OF OUT OF HOME LIVING FACILTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Hooks Board Member | Trustee | 5 | $0 |
Mark Williamson Treasurer | Trustee | 5 | $0 |
Bo Pogue Secretary | Trustee | 5 | $0 |
Russ Lynn Board Member | Trustee | 5 | $0 |
Walter Fullerton Board Member | Trustee | 5 | $0 |
Tim O'brien President | Trustee | 5 | $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 | $435,057 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $435,057 |
| Total Program Service Revenue | $0 |
| Investment income | $46,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $159,364 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $640,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $426 |
| Insurance | $6,403 |
| All other expenses | $1,102 |
| Total functional expenses | $198,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,930 |
| 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 | $415,347 |
| Investments—publicly traded securities | $2,682,058 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,198,335 |
| 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 | $30,534 |
| Total liabilities | $30,534 |
| 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 | $3,167,801 |
| Total liabilities and net assets/fund balances | $3,198,335 |