Lions Club Of Lexington Inc, 12039 Lexington in Lexington, Massachusetts (MA)
Table of contents:
| Lions Club Of Lexington Inc, 12039 Lexington | |
| Employer Identification Number (EIN) | 042371592 |
| Name of Organization | Lions Club Of Lexington Inc |
| Secondary Name | 12039 Lexington |
| In Care of Name | William Carlson |
| Address | PO BOX 71, Lexington, MA 02420-0001 |
| Activities | Fundraising, Aid to the handicapped (see also 031) |
| Subsection | Social Welfare Organization |
| Ruling Date | 03/2014 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $238,561 |
| Amount of Income | $177,763 |
| Form 990 Revenue Amount | $45,592 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community Service Clubs |
Non-representatives - add comments:
Amount of income in 2014: $177,763 (it was $87,246 in 2013)
| This organization: | $177,763 |
| Other organizations performing similar types of work: | $52,795 |
Assets in 2014: $238,561 (it was $265,710 in 2013)
| This organization: | $238,561 |
| Other organizations performing similar types of work: | $39,024 |
Expenses in 2014: $72,741
| This organization: | $72,741 |
| Other organizations performing similar types of work: | $38,239 |
Income to expenses ratio in 2014: 2.4
| This organization: | 2.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2014: 49.7%
| Lions Club Of Lexington Inc, 12039 Lexington: | 49.7% |
| Other organizations performing similar types of work: | 6.0% |
Revenue for 2014
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||||
| 2009 | 2010 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|
| Total revenue | $71,680 | $63,446 | $100,039 | $87,246 | $45,592 |
| Contributions, gifts, grants, and similar amounts received | $19,510 | $18,590 | $44,762 | $18,536 | $22,651 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $16,631 | $14,887 | $15,050 | $15,170 | $15,875 |
| Investment income | $282 | $128 | $2,165 | $2,007 | $2,247 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $29,430 | $24,696 | $34,726 | $46,335 | $1,708 |
| Gross income from gaming | $0 | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $88,440 | $69,774 | $84,672 | $98,652 | $128,829 |
| Less: direct expenses from gaming and fundraising events | $59,010 | $45,078 | $49,946 | $52,317 | $127,121 |
| Gross profit/loss from sales of inventory | $5,827 | $5,145 | $3,336 | $5,198 | $3,111 |
| Gross sales of inventory, less returns and allowances | $11,403 | $8,617 | $8,956 | $11,816 | $8,161 |
| Less: cost of goods sold | $5,576 | $3,472 | $5,620 | $6,618 | $5,050 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $74,063 | $60,110 | $59,521 | $92,181 | $72,741 |
| Total net assets | $112,290 | $115,625 | $270,645 | $265,710 | $238,561 |
| Excess/Deficit for the year | $-2,383 | $3,336 | $40,518 | $-4,935 | $-27,149 |
| Net assets or fund balances at beginning of year | $114,673 | $112,289 | $230,127 | $270,645 | $265,710 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $112,290 | $115,625 | $270,645 | $265,710 | $238,561 |
| Balance Sheets | |||||
| 2009 | 2010 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|
| Total assets | $112,540 | $116,175 | $272,513 | $265,710 | $238,561 |
| Total liabilities | $250 | $550 | $1,868 | $0 | $0 |
| Net assets or fund balances | $112,290 | $115,625 | $270,645 | $265,710 | $238,561 |
| Other Information | |||||
| 2009 | 2010 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No | No | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No | No | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No | No | No |
| Total amount involved | $0 | $0 | $0 | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | No | No |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Technology Access Foundation | 605 Sw 108th St, Seattle, WA 98146-2229 | WA | 1997-01 | $2,658,381 |
| 2 | Coastal Connections Inc | 35 Water St, Amesbury, MA 01913-2914 | MA | 2009-01 | $1,714,754 |
| 3 | Somali Development Center Inc | 205203 Green St, Jamaica Plain, MA 02130 | MA | 1996-11 | $394,006 |
| 4 | Vine Street Community Center Council Inc | 339 Dudley St, Roxbury, MA 02119-3366 | MA | 2001-12 | $300,871 |
| 5 | Lions Club Of Lexington Inc, 12039 Lexington | PO BOX 71, Lexington, MA 02420-0001 | MA | 2014-03 | $177,763 |
| 6 | Exchange Club Of Lawrence Inc | PO BOX 552, Lawrence, MA 01842-1152 | MA | 2014-02 | $147,932 |
| 7 | The Rotary Club Of Hingham And Hull Inc Foundation | PO BOX 39, Hingham, MA 02043-0039 | MA | 1998-02 | $126,739 |
| 8 | Falmouth Together We Can Inc | 87 Lucerne Avenue, Falmouth, MA 02540 | MA | 1996-08 | $123,892 |
| 9 | Rotary Club Of Marblehead Harbor Massachusetts Usa Incorporated | PO BOX 941, Marblehead, MA 01945-0941 | MA | 1997-04 | $102,130 |
| 10 | Quaboag Riders Inc | PO BOX 251, Monson, MA 01057-0251 | MA | 2011-03 | $101,615 |
| 11 | Rotary Club Of Concord Massachusetts Inc | PO BOX 455, Concord, MA 01742-0455 | MA | 2011-06 | $88,711 |
| 12 | George R Martin School Pto | 445 Cole St, Seekonk, MA 02771-5811 | MA | 2014-07 | $78,690 |
| 13 | The Business Association Of East Cambridge | 622 Cambridge St, Cambridge, MA 02141 | MA | 2013-08 | $67,926 |
| 14 | Central Ma Public Safety Assn | PO BOX 637, Warren, MA 01083-0637 | MA | 1998-02 | $57,120 |
| 15 | The Westfield Kiwanis Foundation Inc | Po Box 858, Westfield, MA 01086-0858 | MA | 2009-03 | $56,715 |
| 16 | Rotary Club Of Ludlow Charitablle Foundation Inc | PO BOX 155, Ludlow, MA 01056-0155 | MA | 2014-07 | $54,334 |
| 17 | Kiwanis Club Of Chelsea Inc, Chelsea Kiwanis Club | Po Box 6126, Chelsea, MA 02150 | MA | 2012-04 | $23,372 |
| 18 | Tewksbury Lions Club Inc, 12064 Tewksbury | PO BOX 314, Tewksbury, MA 01876-0314 | MA | 2014-01 | $23,345 |
| 19 | International Association Of Lions Clubs | Po Box 441744, Somerville, MA 02144 | MA | 2014-07 | $20,228 |
| 20 | Marblehead Farmers Market Inc | 19 Wyman Rd, Marblehead, MA 01945-3621 | MA | 2013-12 | $18,977 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,255 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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