Form 990 for tax year 2024
Filed by PASADENA LIONS CLUB MEMORIAL TR.
Totals
- Total revenue
- $195,450
- Total expenses
- $118,972
- Contributions and grants received
- $71,315
- Grants paid
- $76,734
- Program service revenue
- $0
- Investment income
- $124,135
- Other revenue
- $0
- Total assets, end of year
- $2,535,992
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,535,992
- Program services expenses (Part IX)
- $76,734
- Management and general expenses
- $42,238
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $76,734
Program services were 64.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$71,315
-
3 · Investment income
total $142,830 · excluded $142,830
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $141,997
-
7b · Less cost or other basis and sales expenses
securities $160,692
-
7c · Gain or loss
securities -$18,695
-
7d · Net gain or loss
total -$18,695 · related or exempt -$18,695
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $74,234 · program services $74,234
-
2 · Grants to domestic individuals
total $2,500 · program services $2,500
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $19,211 · management and general $19,211
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $18,458 · management and general $18,458
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $246 · management and general $246
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,414 · management and general $1,414
-
24a · Other expenses: Charters
total $2,839 · management and general $2,839
-
24b · Other expenses: Postage and Shipping
total $45 · management and general $45
-
24c · Other expenses: Fees
total $25 · management and general $25
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,596 · end of year $30,724
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,140,496 · end of year $2,505,268
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
28 · Net assets with donor restrictions
beginning of year $2,152,092 · end of year $2,535,992
Mission and programs · 2024
Mission
The purpose of the charitable trust is to devote and supply the income from the trust fund and principal exclusively for charitable purposes or for the betterment and welfare of children or of handicapped persons, particularly persons handicapped in sight or hearing, either directly or by contributions to organizations duly authorized to carry on such activities and which have established their tax-exempt status under the provisions of 501(c)(3) and 501(c)(4) of the Internal Revenue Code and its regulations.
-
Distributions made to various organizations or individuals for health, education, and other assistance of children and handicapped persons. See statement of qualifications for recipients.
Expenses $76,734 · Grants $76,734
As filed on the 2024 return.
Listed in Part VII
-
Donna Pomerantz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kirit M Dav
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Mitchell Pomerantz
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Patrick Riley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ron Bailey
Treasurer
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$10,000
School supplies for underprivileged
-
School supplies for underprivileged
-
$7,688
Pursue golf/explore competitive pay
-
$5,046
Homeless Shelter Provider
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(4) · Civic League · CA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513169349308796
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