Lions Clubs International Ftdn, Brentwood Ny Islander's Lions Club Ltd in Brentwood, New York (NY)

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Lions Clubs International Ftdn, Brentwood Ny Islander's Lions Club Ltd
Employer Identification Number (EIN)237030455
Name of OrganizationLions Clubs International Ftdn
Secondary NameBrentwood Ny Islander's Lions Club Ltd
In Care of NameManuel A Vidal
AddressPo Box 577, Brentwood, NY 11717
ActivitiesScholarships (other), Aid to the handicapped (see also 031)
SubsectionCharitable Organization
Ruling Date06/1969
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2010
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$3,149,372
Amount of Income$1,084,324
Form 990 Revenue Amount$133,048,169
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Charity, Voluntarism Promotion, General


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Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2001200220032004200520062007
Total revenue$26,731,859$25,560,484$31,508,975$45,701,790$56,360,817$77,590,052$133,048,169
Contributions, gifts, grants, and similar amounts received$21,484,943$18,016,930$19,579,489$36,074,816$40,992,260$54,470,076$78,462,554
Contributions to donor advised funds$0$0
Direct public support$21,484,943$18,016,930$19,579,489$36,074,816$40,992,260$54,470,076$78,462,554
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$364,860$464,041
Dividends and interest from securities$9,401,640$8,115,211$7,356,077$5,293,375$7,058,398$7,772,039$16,090,701
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$-27,777$-10,819$-192,914
Gain or (loss) from sales of assets other than inventory$-4,154,724$-1,023,754$3,556,346$3,615,495$8,075,297$14,102,570$37,183,678
Gross amount from sales of assets other than inventory$0$0$3,556,346$3,615,495$125,213,207$187,894,836$290,804,947
Less: cost or other basis and sales expenses$4,154,724$1,023,754$0$0$117,137,910$173,792,266$253,621,269
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$452,097$1,017,063$718,104$262,639$863,559$789,371
Gross sales of inventory, less returns and allowances$0$889,294$1,728,995$1,665,076$1,577,282$1,467,273$1,365,074
Less: cost of goods sold$0$437,197$711,932$946,972$1,314,643$603,714$575,703
Other revenue$0$0$0$0$0$27,767$250,738
Total expenses$41,385,223$38,615,476$29,015,122$44,047,509$53,564,840$50,228,931$59,789,836
Program services$36,367,923$33,566,720$23,568,099$37,219,889$40,954,122$36,576,130$46,913,442
Management and general$2,920,273$3,129,673$3,259,787$3,341,504$4,546,011$4,681,729$4,472,462
Fundraising$2,097,027$1,919,083$2,187,236$3,486,116$8,064,707$8,971,072$8,403,932
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$200,372,662$192,351,722$213,627,001$224,948,603$237,827,599$287,567,892$288,288,233
Excess or (deficit) for the year$-14,653,364$-13,054,992$2,493,853$1,654,281$2,795,977$27,361,121$73,258,333
Net assets or fund balances at beginning of year$225,847,588$200,372,662$192,351,722$213,627,001$224,948,603$237,827,599$287,567,892
Other changes in net assets or fund balances$-10,821,562$5,034,052$18,781,426$9,667,321$10,083,019$22,379,172$-72,537,992
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$59,789,836$46,913,442$4,472,462$8,403,932
Grants paid from donor advised funds$0
Other grants and allocations$42,568,149
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$2,237,099$477,145$971,896$788,058
Pension plan contributions not included above$95,111$37,093$41,849$16,169
Employee benefits not included above$382,725$73,234$240,185$69,306
Payroll taxes$138,965$54,196$61,145$23,624
Professional fundraising fees$2,040,000$0$0$2,040,000
Accounting fees$73,500$0$73,500$0
Legal fees$67,997$13,931$53,787$279
Supplies$44,397$11,192$19,581$13,624
Telephone$29,346$3,495$2,044$23,807
Postage and shipping$750,513$138,155$12,170$600,188
Occupancy$0$0$0$0
Equipment rental and maintenance$31,992$11,304$16,346$4,342
Printing and publications$160,479$30,705$12,615$117,159
Travel$1,087,059$235,815$136,453$714,791
Conferences, conventions, and meetings$77,969$24,706$24,706$28,557
Interest$0$0$0$0
Depreciation, depletion, etc.$951,342$70,006$721,030$160,306
Other expenses not covered above$9,053,193$3,164,316$2,085,155$3,803,722
Balance Sheets
2001200220032004200520062007
Total assets$260,141,136$252,206,678$262,545,495$272,706,552$286,552,553$337,564,114$344,435,048
Cash - non-interest-bearing$0$0$0$0$0$0$0
Savings and temporary cash investments$21,109,058$11,546,992$9,696,561$16,431,094$19,541,848$23,036,828$28,324,638
Accounts receivable less allowance for doubtful accounts$993,897$1,477,796$1,469,666$1,657,039$269,018$263,937$154,075
Pledges receivable less allowance for doubtful accounts$0$0$0$1,250,307$2,576,906$5,027,711$16,807,697
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$112,976$637,438$895,135$1,086,710$596,780$922,477$992,533
Prepaid expenses and deferred charges$0$0$0$0$0$0$0
Investments - publicly-traded securities$275,184,321$233,457,225
Investments - other securities$235,787,163$233,193,781$245,844,996$246,671,100$255,519,205$23,253,370$54,560,618
Investments - land, buildings, and equipment less accumulated depreciation$2,138,042$3,454,638$2,846,651$0$0$0$0
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$3,268,926$3,626,365$2,756,188$1,873,061
Other assets, including program-related investments$0$1,896,033$1,792,486$2,341,376$4,422,431$7,119,282$8,265,201
Total liabilities$59,768,474$59,854,956$48,918,494$47,757,949$48,724,954$49,996,222$56,146,815
Accounts payable and accrued expenses$0$0$0$0$27,797$14,972$629,052
Grants payable$58,700,655$59,854,956$48,918,494$47,757,949$48,697,157$49,981,250$55,517,763
Deferred revenue$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$1,067,819$0$0$0$0$0$0
Total liabilities and net assets/fund balances$260,141,136$252,206,678$262,545,495$272,706,552$286,552,553$337,564,114$344,435,048
Total net assets or fund balances$200,372,662$192,351,722$213,627,001$224,948,603$237,827,599$287,567,892$288,288,233
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2001200220032004200520062007
Total revenue$26,731,859$25,560,484$31,508,975$45,701,790$56,360,817$77,590,052$133,048,169
Total revenue, gains, and other support per audited financial statements$15,910,297$30,594,536$50,290,401$55,390,312$66,403,816$99,969,224$133,048,169
Other expenses$-10,821,562$5,034,052$18,781,426$9,688,522$10,042,999$22,379,172$0
Net unrealized gains on investments$-10,821,562$5,034,052$18,781,425$9,667,321$10,083,019$22,379,172$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$21,201$-40,020$0$0
Other revenue$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2001200220032004200520062007
Total expenses$41,385,223$38,615,476$29,015,122$44,047,509$53,564,840$50,228,931$59,789,836
Total expenses and losses per audited financial statements$41,385,223$38,615,476$29,015,122$44,068,710$53,524,820$50,228,931$132,327,828
Other revenue$0$0$0$21,201$-40,020$0$72,537,992
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$72,537,992
Other$0$0$0$21,201$-40,020$0$0
Other expenses$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings39
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$-94,901$53,891,145$789,371
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$464,041$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$16,090,701$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment incomeExploited exempt activities$-94,901Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$-98,013$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$37,183,678$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$789,371
Other revenue000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$250,738$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$94,136$26,215$0
$83,392$17,030$0
$80,920$28,219$0
$65,551$12,272$0
$58,103$17,401$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2000200120022003200420052006
Total$21,186,647$30,886,583$26,132,141$27,952,629$40,411,688$46,557,277$60,912,527
Gifts, grants, and contributions received$20,686,197$21,484,943$18,016,930$19,579,489$33,497,910$39,671,641$52,019,272
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$1,017,063$1,620,403$305,760$868,340
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$500,450$9,401,640$8,115,211$7,356,077$5,293,375$6,579,876$8,024,915
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$1,092,881$0$109,288
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$1,092,881$0$109,288
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$109,288
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$109,288
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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3Amit Children Inc817 Broadway, New York, NY 10003NY1946-11$9,069,986
4Hadassah Medical Relief Association, 12-169-000 90000111 Danbury50 W 58th St, New York, NY 10019-2505NY1941-12$129,217,782
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7Human Rights Watch Inc350 5th Ave Fl 34, New York, NY 10118-3499NY1976-11$141,685,351
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23Luesther T Mertz Charitable Tr, Oconnor W B Et Al Ttee101 Park Ave, New York, NY 10178-0002NY1995-01$45,058,245
24Lyford Cay Foundation Inc521 5th Ave Fl 10, New York, NY 10175-1099NY1969-07$6,604,468
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27Island Peer Review Organization Inc1979 Marcus Ave, Lake Success, NY 11042-1076NY1984-08$59,893,120
28Manhattan Institute For Policy Research Inc52 Vanderbilt Avenue, New York, NY 10017-3808NY1977-05$8,982,237
29Glynwood Center IncRte 301, Cold Spring, NY 10516NY1996-01$10,877,315
30Memorial Foundation For Jewish Culture Inc50 Broadway-34th Floor, New York, NY 10004-1607NY1967-04$2,197,847

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