DOWNTOWN LEXINGTON CORPORATION FOUNDATION (EIN 203026004) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

TERRY SWEENEY

Phone

8592317333

Tax Period

2019-01-01 to 2019-12-31

DOWNTOWN LEXINGTON CORPORATION FOUNDATION, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $205K in total revenue in fiscal year 2019. The organization ran a surplus of $31K, a strong 15% operating margin.

Mission

TO PROVIDE A WAY FOR BUSINESS AND INDIVIDUALS TO INVEST IN DOWTOWN LEXINGTON THROUGH MULTICULTURAL EVENTS, EDUCATION, HOMELESS ISSUES & BEAUTIFICATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $205,285

Investment Income $0

Other Revenue $0

TOTAL REVENUE $205,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $174,171

Other Expenses $174,171

TOTAL EXPENSES $174,171

Year-over-Year Comparison

	2019	2018	Change
Revenue	$205,285	N/A	N/A
Expenses	$174,171	N/A	N/A
Net Income	$31,114	$0	N/A

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$138,894

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL JOHNSTON	TREASURER & BOARD MEMBER	1.00	Officer Director	$0	$0	$0
STEVE KELLY	AT-LARGE & BOARD MEMBER	1.00	Director	$0	$0	$0
WOODFORD WEBB	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN ATKINS	EX-OFFICIO & BOARD MEMBER	1.00	Director	$0	$0	$0
LAWRENCE WETHERBY	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE GROSSMAN	CHAIR & BOARD MEMBER	1.00	Officer Director	$0	$0	$0
PAULA HANSON	VICE CHAIR & BOARD MEMBER	1.00	Officer Director	$0	$0	$0
ANN BAKHAUS	BOARD MEMBER	1.00	Director	$0	$0	$0
MELODY FLOWERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM FRAZIER	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA MURPHY	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY SWEENEY	PRESIDENT/CEO	1.00	Officer	$0	$0	$138,894

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
2019	$205,285	$174,171	$49,254	$31,114

DOWNTOWN LEXINGTON CORPORATION FOUNDATION