LEX AMERICA INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

KENSHI SUZUKI

Phone

6173541140

Tax Period

2023-10-01 to 2024-09-30

LEX AMERICA INC, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $183K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $202K exceeded revenue, resulting in a 11% operating deficit.

Mission

SEE SCHEDULE 0TO EMPOWER INDIVIDUALS AND COMMUNITIES ACROSS GENERATIONS TO DEVELOP THEIR FULL POTENTIAL THROUGH MULTILINGUALISM AND MULTICULTURALISM. LEX OFFERS IMMERSION-STYLE MULTILINGUAL LANGUAGE LEARNING PROGRAMS FOR INDIVIDUALS AND FAMILIES, INTERNATIONAL EXCHANGE PROGRAMS, LECTURES ON LANGUAGE ACQUISITION, AND EDUCATIONAL PUBLISHING.

Program Service Accomplishments

Program 1

Expenses: $166,061 Revenue: $86,344

LEX LANGUAGE PROJECT PROVIDES AN OPPORTUNITY FOR MULTICULTURAL AND MULTILINGUAL EXPLORATION TO INDIVIDUALS OF ALL AGES, WITH THE OBJECTIVE OF FACILITATING LANGUAGE ACQUISITION IN A NATURAL...

LEX LANGUAGE PROJECT PROVIDES AN OPPORTUNITY FOR MULTICULTURAL AND MULTILINGUAL EXPLORATION TO INDIVIDUALS OF ALL AGES, WITH THE OBJECTIVE OF FACILITATING LANGUAGE ACQUISITION IN A NATURAL ENVIRONMENT AND BREAKING DOWN CULTURAL BARRIERS.

Program 2

Revenue: $84,000

TRANSNATIONAL EXCHANGE PROGRAM - PROVIDES LEX MEMBERS AND OTHERS WITH THE OPPORTUNITY TO TAKE PART IN INTERNATIONAL EXCHANGE PROGRAMS AND INTERNSHIPS.

Program 3

Expenses: $2,441 Revenue: $3,159

EDUCATIONAL PUBLISHING - LEX PUBLISHES BOOKS ON NATURAL SCIENCE TOPICS INCLUDING LANGUAGE ACQUISITION, MATH, AND QUANTUM MECHANICS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,292

Program Service Revenue $173,503

Investment Income $12

Other Revenue $0

TOTAL REVENUE $182,807

Expense Breakdown

Grants Paid $858

Salaries & Benefits $109,274

Fundraising Expenses $0

Program Expenses $168,502

Other Expenses $91,989

TOTAL EXPENSES $202,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,807	$194,862	-0.1%
Expenses	$202,121	$159,267	+0.3%
Net Income	$-19,314	$35,595	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$91,339

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SUZANNE FLYNN	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
DR YASUYUKI YASH OWADA	DIRECTOR	1.00	Director	$0	$0	$0
NATSUME STEADLY	DIRECTOR	1.00	Director	$0	$0	$0
KENSHI SUZUKI	PRESIDENT, TREASURER	1.00	Officer Director	$0	$0	$0
DR DAVID P JANES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR CHRISANN NEWRANSKY	CLERK	1.00	Officer Director	$0	$0	$0
ELIZABETH WHITE	EXECUTIVE DIRECTOR	40.00	Officer	$63,410	$27,929	$91,339

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$182,807	$202,121	$132,886	$-19,314
2023	$194,862	$159,267	$152,200	$35,595
2022	$179,947	$156,938	$116,605	$23,009
2021	$195,990	$162,964	$93,596	$33,026
2020	$205,934	$194,286	$60,570	$11,648
2019	$204,203	$208,107	$48,922	$-3,904
2018	$217,072	$217,252	$52,826	$-180