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Nonprofiteer
← LEMMON FOUNDATION INC

Form 990 for tax year 2024

Filed by LEMMON FOUNDATION INC.

Totals

Total revenue
$258,377
Total expenses
$891,384
Contributions and grants received
$0
Grants paid
$815,500
Program service revenue
$0
Investment income
$258,377
Other revenue
$0
Total assets, end of year
$5,099,067
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$5,099,067
Program services expenses (Part IX)
$815,500
Management and general expenses
$75,884
Fundraising expenses
$0
Program service expenses (Part III)
$815,500

Program services were 91.5% 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.

  • 3 · Investment income

    total $90,328 · excluded $90,328

  • 7a · Gross sales of assets other than inventory

    securities $560,085

  • 7b · Less cost or other basis and sales expenses

    securities $392,036

  • 7c · Gain or loss

    securities $168,049

  • 7d · Net gain or loss

    total $168,049 · excluded $168,049

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $815,500 · program services $815,500

  • 11c · Fees: accounting

    total $2,200 · management and general $2,200

  • 11f · Fees: investment management

    total $73,486 · management and general $73,486

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $198 · management and general $198

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,515,510 · end of year $19,226

  • 12 · Investments: other securities

    beginning of year $3,923,923 · end of year $5,072,776

  • 15 · Other assets

    beginning of year $3,276 · end of year $7,065

  • 27 · Net assets without donor restrictions

    beginning of year $5,442,709 · end of year $5,099,067

Mission and programs · 2024

Mission

THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.

  • THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.

    Expenses $815,500 · Grants $815,500

As filed on the 2024 return.

Listed in Part VII

  • WILLIAM J LEMMON

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • LEO E DOYLE

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • THOMAS W WINKHART

    SECRETARY/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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202503149349301740

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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