Lions Club of Lexington Inc
Nonprofit profile at a glance
- EIN
- 042371592
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Lexington, MA, USA
- Phone
- 7818624710
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $125,075
- Expenses
- $93,541
- Assets
- $372,107
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JACK IRWIN (PRESIDENT)
People named in this filing
- JACK IRWIN (PRESIDENT)
- WILLIAM CARLSON (CLERK)
- DOUGLAS LUCENTE (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create and foster a spirit of understanding among the people of the world. To promote the principles of good government and good citizenship. To take an active interest in the civic, cultural, social and moral welfare of the community. To unite the members in the bonds of friendship, good fellowship and mutual understanding. To encourage service-minded persons to serve their community without personal financial reward. To aid the blind, the sight handicapped, those needing eye care and eye research.
What it reported doing in 2024
The lions are recognized worldwide for their service to the blind and visually impaired. Today, in addition to their international sightfirst program, lions extend their commitment to sight conservation through countless local efforts. To provide the young people of the world with opportunities for achievement, learning, contribution and service, individually and collectively, through sponsorship of activities identified as best practices in the field of youth development.
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 42% for direct work, and 58% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 93
- Accountability: 70
- Sustainability: 77
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.8%; rating input score 71
- Program expense ratio: 90.4%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 25.2%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 3.98; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.5% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 70.8% of revenue deployed · 90.4% of spending went to programs
- Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $85K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 5 filed schedules · includes grants
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.