Lions Roar Foundation FY2020 filing

Tax-deductible

Canada501(c)(3)ReligionEIN 98-0549367Revenue $2.7M in FY2020

On file with the IRSlionsroar.comHalifax North America B3k 4t9, 00000-0000 · CanadaTax-exempt since Dec 2007Publicly supported — 509(a)(2)

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Lions Roar is an independent non-profit foundation whose mission is to communicate Buddhist wisdom and practices in order to benefit peoples lives and our society, and to support the development of Buddhism in the modern world.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$141K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible by treaty
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $109K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$141K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
134% of total assets
Concern: liabilities are 134% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 10 voting members
Looks good: 8 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
Spent
$2.3M
To programs
90%
Net assets
−$329K
By yearFY2020–FY2024
Revenue
$2.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$2.8M
FY2022$2.7M
FY2023$2.9M
FY2024$1.5M
Expenses
$2.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$2.7M
FY2022$2.8M
FY2023$2.9M
FY2024$1.4M
Net assets
−$329K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$329K
FY2021−$239K
FY2022−$287K
FY2023−$285K
FY2024−$199K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $2.1M Management & general 9% · $201K Fundraising 2% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $141K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary/Treas
$74,065Pt VII · Sec A
President
$66,576Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Melvin McLeod’s $79K as President is at the 34th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Melvin McLeod$78,820$77,414$77,506$78,545$66,576
Ben Moore$78,790$77,476$77,587$78,188$74,065

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lions Roar Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Shares Buddhist wisdom and practices to improve lives and support modern Buddhism.

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Provided by the organization

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1 program · $2.1M · in their own filed words · FY2020
01

Published six issues of Lion's Roar, the best-selling and most widely-read English-language Buddhist magazine, an award-winning bimonthly.Published four issues of Buddhadharma: The Practitioners Quarterly, an in-depth, practice-oriented journal for serious students of Buddhism.Published four special interest publications; Thich Nhat Hanh…

$2.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$2.2M
Gifts and grantsLn 1h$344K
Other incomeLn 4–11$235K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.1M
Managementcol C$201K
Fundraisingcol D$41K
Owns and owesPt X
−$329K
net assets · Ln 32
Cash and savingsLn 1–2$672K
Total assetsLn 16$980K
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$344K
Fees for servicesLn 2g$2.2M
Other incomeLn 4–11$235K
Gains on assetsLn 7$0
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$640K
SavingsLn 2$31K
Cash and savings togetherLn 1–2$672K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$31K
Other assetsLn 15$37K
Total assetsLn 16$980K
LiabilitiesLn 26$1.3M
Net assetsLn 32−$329K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$150K$672K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$31K$31K
Total assetsLn 16$345K$980K
LiabilitiesLn 26$1.1M$1.3M
Net assetsLn 32−$754K−$329K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$147K$124K$23K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$599K$522K$60K$17K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$50K$43K$5K$1K
Payroll taxesLn 10$195K$169K$22K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$78K$68K$9K$2K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$6K$6K$704$144
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$9K$7K$947$194
InsuranceLn 23$11K$9K$1K$245
Other expenses (24a–d)Ln 24$1.1M$1.1M$72K$15K
All other expensesLn 24e$72K$63K$8K$2K
Total functional expensesLn 25$2.3M$2.1M$201K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.4M$111K−$199K 990 PDF
FY2023 $2.9M$2.9M$22K−$285K 990 PDF
FY2022 $2.7M$2.8M−$47K−$287K 990 PDF
FY2021 $2.8M$2.7M$44K−$239K 990 PDF
FY2020 Viewing $2.7M$2.3M$416K−$329K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $2,730,164 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $165,524$344,271
I-9 Program service revenuePrior year $2,050,996$2,150,445
I-10 Investment incomePrior year $101$0
I-11 Other revenuePrior year $131,352$235,448
I-12 Total revenuePrior year $2,347,973$2,730,164
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,055,071$990,250
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,401,000$1,324,110
I-18 Total expensesPrior year $2,456,071$2,314,360
I-19 Revenue less expensesPrior year −$108,098$415,804
Part VI · Governance 8 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,730,164 across 10 lines filed
Lines not itemized here account for $190,255 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$344,271
VIII-1h Total contributions, gifts and grants$344,271
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,843,774 · Unrelated business $306,671$2,150,445
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $45,193$45,193
VIII-12 Total revenueRelated to mission $2,079,222 · Unrelated business $306,671$2,730,164
Part IX · Statement of functional expenses $2,314,360 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $123,784 · Management $23,183$146,967
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $522,163 · Management $59,582 · Fundraising $16,792$598,537
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $43,317 · Management $5,252 · Fundraising $1,276$49,845
IX-10 Payroll taxesPrograms $168,905 · Management $21,569 · Fundraising $4,427$194,901
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $67,687 · Management $8,643 · Fundraising $1,774$78,104
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $5,506 · Management $704 · Fundraising $144$6,354
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $7,418 · Management $947 · Fundraising $194$8,559
IX-23 InsurancePrograms $9,347 · Management $1,194 · Fundraising $245$10,786
IX-24 Other expenses (24a–d)Programs $1,060,808 · Management $72,370 · Fundraising $14,856$1,148,034
IX-24e All other expensesPrograms $62,634 · Management $7,998 · Fundraising $1,641$72,273
IX-25 Total functional expensesPrograms $2,071,569 · Management $201,442 · Fundraising $41,349$2,314,360
Part X · Balance sheet $979,804 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $150,352$640,330
X-2 Savings and temporary cash investments$31,416
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $92,963$144,363
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $61,265$95,499
X-10c Land, buildings and equipment, netStart of year $30,800$31,372
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $9,508$36,824
X-16 Total assetsStart of year $344,888$979,804
X-17 Accounts payable and accrued expensesStart of year $54,202$231,555
X-19 Deferred revenueStart of year $1,025,904$1,045,858
X-24 Unsecured notes and loans payable$31,416
X-25 Other liabilitiesStart of year $19,106$1
X-26 Total liabilitiesStart of year $1,099,212$1,308,830
X-32 Total net assets or fund balancesStart of year −$754,324−$329,026
X-33 Total liabilities and net assetsStart of year $344,888$979,804
Part XI · Reconciliation of net assets −$329,026 net assets at year end
XI-1 Total revenue$2,730,164
XI-2 Total expenses$2,314,360
XI-3 Revenue less expenses$415,804
XI-4 Net assets at start of year−$754,324
XI-9 Other changes in net assets$9,494
XI-10 Net assets at end of year−$329,026

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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