Millington Lions Club Foundation

Nonprofit profile at a glance

EIN
821868399
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Millington, TN, USA
Phone
9014893208
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$31,753
Expenses
$7,161
Assets
$69,588

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Linda J Overstreet (President/Treasurer)
  • Vicki L Green (1st Vice President)
  • Sue Anne Cobb (2nd Vice President)

People named in this filing

  • Linda J Overstreet (President/Treasurer)
  • Dessie Reed (Secretary)
  • Vicki L Green (1st 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

Raise Money to aid those in need in Millington, Munford, Atoka, Brighton, Burlison, Drummonds, and Rosemark as well as Frayser in Memphis.

What it reported doing in 2024

Provide the gift of sight and hearing through eye exams and eyeglasses, auditory exams, and hearing aids, and for all eye care, including cataract & prosthetic surgieries to over 30 individuals of Millington, Munford, Atoka, Brighton, Burlison, Drummonds, and Rosemark as well as Frayser in Memphis.

Operating model

Revenue model
Other-operating. 62% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.7%; rating input score 15
  • Program expense ratio: 65.3%; rating input score 65

Transparency & Controls

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

Sustainability

  • Operating margin: 77.4%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 9.72; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.9% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: -12.9% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -18.5% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 14.7% of revenue deployed · 65.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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.

  • High — Financial Efficiency: Mission deployment rate scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.