Lions Club of Lago Vista Charitable Fund Inc

Nonprofit profile at a glance

EIN
202225856
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Lago Vista, TX, USA
Phone
5125608814
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$59,196
Expenses
$60,122
Assets
$118,158
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Norma Owen (President)
  • Adam Benefield (1st vice president)
  • Anna Johndrow (2nd vice president)
  • Bill Bush (Past President)

People named in this filing

  • Norma Owen (President)
  • Adam Benefield (1st vice president)
  • Anna Johndrow (2nd 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable and community support

What it reported doing in 2024

Lions District 2-S3 charities to support multi faceted Texas charities; Lago Vista Blue Santa to provide food, clothing, toys to needy families;, Lago Vista Library Children's Reading Program to augment municipal library childrens reading initiative;, LVISD essay awards to local school for development of children's writing skills; , Eyeglasses & Exams to provide vision correction to underprivileged school children; travis county health & human services to augment social services; Lifelong friends pet adoptions to augment local animal shelter services; , LVISD peace poster awards for development of local school children art skills; Lago Vista High School scholarships boy scouts of America to support local scouting activities; ; hill country ministries for support of multidenominational charitable outreach programs, guide dogs for the blind to support training of dogs for use by blind people, LVISD foundation to support local teachers needs for classroom supplies and support, texas Lions Camp for special needs children

Operating model

Revenue model
Other-operating. 70% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 82
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.9%; rating input score 41
  • Program expense ratio: 40.3%; rating input score 40

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1.6%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 1.97; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 65.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 8.7% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 40.9% of revenue deployed · 40.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $24K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 40/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.