LEXINGTON ASSETS INC

EIN: 141714488

JOHNSTOWN, NY

Total Revenue
$-41,528
Total Expenses
$36,675
Total Assets
$1,096,103
Net Assets
$-39,943
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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
1986
Legal Domicile
NY
Principal Officer
JAMIE PETRIN
Phone
5187737931
Tax Period
2023-01-01 to 2023-12-31

LEXINGTON ASSETS INC, founded in 1986, is a micro nonprofit that reported $42K in total revenue in fiscal year 2023.

Mission

TITLE-HOLDING COMPANY

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-41,528
TOTAL REVENUE $-41,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $36,675
TOTAL EXPENSES $36,675

Year-over-Year Comparison

2023 2022 Change
Revenue $-41,528 $-45,955 -0.1%
Expenses $36,675 $26,137 +0.4%
Net Income $-78,203 $-72,092 +0.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
7
$782,389
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RINALDO ESPOSITO PRESIDENT 0.50
Officer Director
$0 $0 $0
JEAN SCHULTZ VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
TERRI EASTERLY SECRETARY 0.50
Officer Director
$0 $0 $0
MIKE OSTRANDER TREASURER 0.50
Officer Director
$0 $0 $0
LISA MCCOY BOARD MEMBER 0.50
Director
$0 $0 $0
JOE MAGLIOCCA BOARD MEMBER 0.50
Director
$0 $0 $0
JUDY SCHELLE BOARD MEMBER 0.50
Director
$0 $0 $0
SHALONI WINSTON EXECUTIVE DIRECTOR 0.50
Officer
$0 $59,718 $351,672
DANIEL RICHARDSON DEPUTY EXECUTIVE DIRECTOR 0.50
Officer
$0 $41,913 $240,164
JAMIE PETRIN CFO 0.50
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 $-41,528 $36,675 $1,096,103 $-78,203
2022 $-45,955 $26,137 $1,305,427 $-72,092
2021 $-40,951 $27,615 $1,437,504 $-68,566
2020 $-34,965 $27,435 $1,634,479 $-62,400
2019 $-41,320 $23,298 $1,824,719 $-64,618
2018 $1,296 $20,588 $1,905,090 $-19,292
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