Tennessee Lions Charities Inc
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$245,965.00
Projected Expenses
$245,965.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| tennessee lions charities, inc. irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $362,561.00 | $66,443.00 | $417,836.00 |
| Total Expenses | $238,499.00 | $189,100.00 | $171,820.00 |
| Revenue Less Expenses | $124,062.00 | ($122,657.00) | $246,016.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $20,000.00 | $44,205.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $19,308.00 |
| Contributions, Gifts, and Grants | $222,625.00 | $67,157.00 | $26,319.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $91,250.00 | $66,443.00 | $28,145.00 |
| Investment Income, Net of Losses | $46,873.00 | $-137,899.00 | $274,799.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $1,813.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $25,000.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $183,997.00 | $152,687.00 | $138,805.00 |
| Administration Expense | $37,368.00 | $33,952.00 | $30,770.00 |
| Fundraising Expense | $17,134.00 | $2,461.00 | $2,245.00 |
| Total Revenue/Total Expenses | 152% | 35% | 243% |
| Program Expense/Total Expenses | 77% | 81% | 81% |
| Fundraising Expense/Contributed Revenue | 7% | 1% | 1% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $222,625.00 | Contributions, Gifts, and Grants $67,157.00 | Investment Income $274,799.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $91,250.00 | Program Revenue $66,443.00 | Foundations and Corporations $44,205.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $46,873.00 | Foundation and Corporations $20,000.00 | Contributions, Gifts, and Grant $26,319.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,064,540.00 | $1,794,179.00 | $1,966,661.00 |
| Current Assets | $289,860.00 | $82,934.00 | $73,499.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $10,132.00 | $9,643.00 | $7,726.00 |
| Total Net Assets | $2,054,408.00 | $1,784,536.00 | $1,958,935.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$507,835.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from 990 and audit. Financial documents completed by Tax and Accounting Services of Nashville. Comments provided by Hayley Sulfridge 2/8/24. |
