LEXINGTON FOUNDATION INC

EIN: 141689110 501(c)(3) Human Services

JOHNSTOWN, NY

Total Revenue
$2,040,373
Total Expenses
$1,965,559
Total Assets
$17,112,555
Net Assets
$14,548,831
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
JAMIE PETRIN
Phone
5187737931
Tax Period
2023-01-01 to 2023-12-31

LEXINGTON FOUNDATION INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.0M left a modest 4% surplus.

Mission

TO SUPPORT LEXINGTON IN ITS MISSION TO EMPOWER PEOPLE WITH AUTISM AND DEVELOPMENTAL DISABILITIES TO LIVE THEIR BEST LIVES, EVERY DAY, BY PARTNERING WITH THEIR FAMILIES, OUR EMPLOYEES AND OUR COMMUNITY. THE LEXINGTON FOUNDATION WAS CREATED FOR THE PURPOSE OF ENSURING THAT THE COMMITMENT TO PEOPLE WITH AUTISM AND DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES IS SUSTAINED THROUGH LONG-TERM FINANCIAL SUPPORT. FUNDS RAISED BY THE FOUNDATION ARE USED TO SUPPORT PROGRAMS AND SERVICES, PURCHASE SPECIALIZED EQUIPMENT, AND SPONSER EDUCATIONAL AND RECREATIONAL PROGRAMS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $585,122
Program Service Revenue $630,464
Investment Income $361,871
Other Revenue $462,916
TOTAL REVENUE $2,040,373

Expense Breakdown

Grants Paid $0
Salaries & Benefits $387,086
Fundraising Expenses $8,515
Program Expenses $1,853,848
Other Expenses $1,578,473
TOTAL EXPENSES $1,965,559

Year-over-Year Comparison

2023 2022 Change
Revenue $2,040,373 $2,904,446 -0.3%
Expenses $1,965,559 $1,078,971 +0.8%
Net Income $74,814 $1,825,475 -1.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
100

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
4
$282,430
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY SCHELLE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LISA MCCOY BOARD MEMBER 1.00
Director
$0 $0 $0
JOE MAGLIOCCA BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY BAXTER SECRETARY 1.00
Officer
$0 $59 $10,329
GEORGE WALLACE HART EXECUTIVE DIRECTOR 2.00
Officer
$0 $10,606 $81,548
JAMIE PETRIN TREASURER 1.00
Officer
$0 $32,098 $190,553
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 No data No data No data No data
2023 $2,040,373 $1,965,559 $17,112,555 $74,814
2022 $2,904,446 $1,078,971 $15,043,379 $1,825,475
2021 $2,075,306 $1,591,395 $15,298,752 $483,911
2020 $1,368,043 $1,236,322 $13,685,505 $131,721
2019 $1,389,856 $1,261,589 $12,826,119 $128,267
2018 $1,288,171 $1,182,580 $11,000,235 $105,591
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