Richmond West Breakfast Lions Club Inc

EIN: 237257535

Henrico, VA

Total Revenue
$10,057
Total Expenses
$21,837
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VA
Principal Officer
Robert A Griffey
Phone
8168106794
Tax Period
2023-07-01 to 2024-06-30

Richmond West Breakfast Lions Club Inc, founded in 1972, is a micro nonprofit that reported $10K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $22K exceeded revenue, resulting in a 117% operating deficit.

Mission

Organized and performed eyesight testing for public schools. Collection drives for essential items including hearing aids and eyeglasses. Holding holiday events for the blind and deaf communities. Donated tens of thousands of pairs f eyeglasses.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,711
Program Service Revenue $0
Investment Income $0
Other Revenue $346
TOTAL REVENUE $10,057

Expense Breakdown

Grants Paid $19,676
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,699
Other Expenses $370
TOTAL EXPENSES $21,837

Year-over-Year Comparison

2023 2022 Change
Revenue $10,057 $10,964 -0.1%
Expenses $21,837 $21,630 +0.0%
Net Income $-11,780 $-10,666 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
12

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✓ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Sharp President 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $10,057 $21,837 No data $-11,780
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