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Saratoga Springs Lions Club Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431998980 ✦ Saratoga springs, NY ✦ Designated as a 501(c)(3)

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Overview

What is Saratoga Springs Lions Club Foundation Inc?

Saratoga Springs Lions Club Foundation Inc is a nonprofit organization situated in Saratoga Springs, New York. Their primary mission is to collect and raise funds to combat blindness, hearing impairments, and diabetes. One of their notable initiatives is an ongoing ice skating program specifically designed for handicapped and visually impaired children. By providing this program, the foundation aims to contribute positively to the lives of these children, promoting inclusivity and accessibility in recreational activities. The foundation's work extends beyond fundraising, with a commitment to making a meaningful impact in these critical areas.


Official website here: www.saratogaspringslions.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Saratoga Springs Lions Club Foundation Inc has received a solid rating of 83%, reflecting strong performance in accountability and finance. The charity scores particularly well for having a fully independent board and no material diversion of assets, ensuring that the organization operates transparently and with integrity. Its program expense ratio of 86.85% indicates that a significant majority of its resources are directed towards its charitable programs.

However, despite these strengths, there are some noted limitations in the organization’s governance practices. The absence of a whistleblower policy and a document retention and destruction policy indicates a need for improvement in certain areas of accountability. Addressing these gaps could enhance the organization's overall governance framework and further bolster its credibility.


This AI summary has been generated from information found on Charity Navigator.

Is Saratoga Springs Lions Club Foundation Inc legitimate?

Saratoga Springs Lions Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saratoga Springs Lions Club Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.saratogaspringslions.com

What is the mission statement of Saratoga Springs Lions Club Foundation Inc?

The Saratoga Springs Lions Club Foundation Inc. is committed to raising funds to support various causes. Their primary focus is on combating blindness, hearing impairments, and diabetes. Through their fundraising efforts, they aim to make a significant impact in these areas. Beyond financial assistance, the foundation also offers an ongoing ice skating program specifically designed for handicapped and visually impaired children, demonstrating their dedication to enhancing the lives of vulnerable individuals.


Official website here: www.saratogaspringslions.com

Who is the CEO of Saratoga Springs Lions Club Foundation Inc?

Karen Foster is the President of Saratoga Springs Lions Club Foundation Inc.


Official website here: www.saratogaspringslions.com

What is the revenue of Saratoga Springs Lions Club Foundation Inc?

Saratoga Springs Lions Club Foundation Inc's revenue in 2022 was $39,760.


Official website here: www.saratogaspringslions.com

Who are the executives of Saratoga Springs Lions Club Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Karen Foster (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sporko (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Baxter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Brady (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dione Ramsdill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Vanwagner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Diggin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saratogaspringslions.com

Where can I find the form 990 for Saratoga Springs Lions Club Foundation Inc?

Saratoga Springs Lions Club Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.saratogaspringslions.com

Learn more at the official website: www.saratogaspringslions.com

Mission Statement of Saratoga Springs Lions Club Foundation Inc

The Saratoga Springs Lions Club Foundation Inc is dedicated to raising funds with the intention of aiding various causes. Particularly, this nonprofit organization focuses on three main areas: combating blindness, addressing hearing impairments, and managing diabetes. By soliciting, collecting, or otherwise procuring funds, the Saratoga Springs Lions Club Foundation Inc aims to contribute to the advancements and treatments in these areas, ultimately improving the lives of those affected.

In addition to its financial contributions, the Saratoga Springs Lions Club Foundation Inc also offers an ice skating program tailored for handicapped and visually impaired children. This ongoing initiative serves as a unique opportunity for these children to participate in a fun and engaging activity, fostering their physical and social development. Through its various efforts, the Saratoga Springs Lions Club Foundation Inc demonstrates its commitment to making a positive impact in the lives of individuals dealing with these medical conditions.

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Impact




August, 2024

The impact of Saratoga Springs Lions Club Foundation Inc is focused on aiding the fight against blindness, hearing impairments, and diabetes. One significant initiative undertaken by the foundation is providing an ice skating program for handicapped and visually impaired children in Saratoga Springs, NY. This ongoing program aims to offer recreational and therapeutic benefits to these children while promoting inclusivity and physical activity. Through their philanthropic efforts, the foundation is making a meaningful difference in the lives of those affected by these conditions.




This information is meant to be a general summary of Saratoga Springs Lions Club Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$39,760 (2022)
Expenses
$53,496 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,608
  • Gross Receipts: $250,666

Assets and Liabilities:

  • Total Assets: $682,176
  • Total Liabilities: $0
  • Net Assets: $682,176

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Organization Details

Founding Year

2003

Principal Officer

Karen Foster

Main Address

PO BOX 759, SARATOGA SPRINGS, NY, 12866

NTEE Category

Code: T30 - Philanthropy

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