Is International Association Of Lions Clubs Legit?

The International Association Of Lions Clubs, based in Cumberland, ME, demonstrates a generally sound financial position for its size, with recent revenue of $103,934 and assets of $97,031. The latest available filing (202306) shows a healthy surplus, with revenues of $59,580 significantly exceeding expenses of $35,658. This indicates effective financial management and an ability to build reserves. The organization's liabilities are relatively low at $120, suggesting a stable financial footing. While specific program spending details are not fully disaggregated in the provided summary, the absence of officer compensation (0%) is a positive indicator of efficient use of funds, suggesting that resources are directed towards the organization's mission rather than executive salaries. The consistent growth in assets from $45,624 in 202306 to $97,031 currently further reinforces its financial stability. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The organization's transparency could be enhanced by providing more granular financial reporting.