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← LIDS FOUNDATION

Form 990 for tax year 2024

Filed by LIDS FOUNDATION.

Totals

Total revenue
$1,222,541
Total expenses
$1,348,766
Contributions and grants received
$1,222,541
Grants paid
$1,095,048
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,655,911
Total liabilities, end of year
$83,193
Net assets or fund balances, end of year
$1,572,718
Program services expenses (Part IX)
$1,095,048
Management and general expenses
$253,718
Fundraising expenses
$0
Program service expenses (Part III)
$1,095,048

Program services were 81.2% 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.

  • 1c · Fundraising events

    $326,849

  • 1f · All other contributions, gifts and grants

    $895,692

  • 1g · Noncash contributions included above

    $18,150

  • 8a · Fundraising events: gross income

    $138,194

  • 8a · Fundraising events: contributions included on line 1c

    $326,849

  • 8b · Fundraising events: direct expenses

    $138,194

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,095,048 · program services $1,095,048

  • 11c · Fees: accounting

    total $17,000 · management and general $17,000

  • 11g · Fees: other

    total $14,486 · management and general $14,486

  • 13 · Office expenses

    total $494 · management and general $494

  • 14 · Information technology

    total $3,998 · management and general $3,998

  • 17 · Travel

    total $12,290 · management and general $12,290

  • 24a · Other expenses: REIMBURSEMENT FOR STAFF

    total $120,000 · management and general $120,000

  • 24b · Other expenses: GIVEAWAYS

    total $47,521 · management and general $47,521

  • 24c · Other expenses: STORE STAFF SUPPLIES

    total $37,929 · management and general $37,929

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,610,288 · end of year $1,449,585

  • 3 · Pledges and grants receivable

    beginning of year $154,529 · end of year $198,326

  • 4 · Accounts receivable

    beginning of year $35,000 · end of year $8,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $100,874 · end of year $83,193

  • 27 · Net assets without donor restrictions

    beginning of year $1,698,943 · end of year $1,572,718

Mission and programs · 2024

Mission

THE LIDS FOUNDATION PROVIDES SUPPORT DIRECTLY TO LOCAL COMMUNITIES AND TO THE CHARITABLE ORGANIZATIONS THAT SERVE THEM TO ENABLE COMMUNITY MEMBERS OF ALL AGES TO LIVE MORE ACTIVE, HEALTHY, AND PRODUCTIVE LIVES.

  • THE FOUNDATION AWARDED GRANTS TO 31 GRANTEES INCLUDING THE SIBLEY MEMORIAL HOSPITAL FOUNDATION, HOPE FOR HENRY FOUNDATION, AND KABOOM!.

    Expenses $1,095,048 · Grants $1,095,048

As filed on the 2024 return.

Listed in Part VII

  • Thomas Ripley

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Melissa Hahn

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Alan Noskow

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • William Carr

    CONTROLLER/FINANCE MANAGER (THRU 8/24)

    Total calculated
    $0
    Hours/week
    2

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • HAT WORLD INC

    C · RETAIL · MN

  • TOPLIDS CO INC & SUBSIDIARIES

    C · RETAIL · IN

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202513179349301031

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

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