Galena Lions Club

Nonprofit profile at a glance

EIN
366142250
IRS 990-EZ coverage
2018–2022
Forms available
Form 990-EZ 2022, Form 990-N 2014
Location
Galena, IL, USA
Phone
8157771880
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$54,049
Expenses
$40,343
Assets
$47,068
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LARRY CORDING (PRESIDENT)
  • CHET SCHULER (PAST PRESIDENT)
  • GLORIA JUNGE (FIRST VICE PRESIDENT)
  • KATHIE SCHULER (2ND VICE PRESIDENT)

People named in this filing

  • LARRY CORDING (PRESIDENT)
  • CHET SCHULER (PAST PRESIDENT)
  • GLORIA JUNGE (FIRST VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve the community by providing voluntary services and financial assistance. Specifically in the areas of sigh and hearing, within an atmosphere of fellowship and fun, and in keeping the lions' traditions of community involvement, international cooperation, and environmental protection.

What it reported doing in 2022

Sight & sound - provide assistance for low income persons to obtain hearing AIDS and eyeglasses

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.7%; rating input score 54
  • Program expense ratio: 71.9%; rating input score 72

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.4%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 25% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 53.7% of revenue deployed · 71.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $29K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2018 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.