LEXINGTON FRIENDS PRESCHOOL

EIN: 473309520 501(c)(3) Education

LEXINGTON, KY

Total Revenue
$347,758
Total Expenses
$399,792
Total Assets
$176,144
Net Assets
$176,144
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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
2015
Legal Domicile
KY
Principal Officer
PETER HARDY
Phone
8595233656
Tax Period
2024-07-01 to 2025-06-30

LEXINGTON FRIENDS PRESCHOOL, founded in 2015, is a small nonprofit in the Education sector that reported $348K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $400K exceeded revenue, resulting in a 15% operating deficit.

Mission

LEXINGTON FRIENDS PRESCHOOL GUIDES CHILDREN TO DEVELOP ACTIVE AND CREATIVE MINDS, TO BE COMPASSIONATE TOWARD OTHERS, TO BE RESPECTFUL OF THE ENVIRONMENT, AND TO APPRECIATE THE DIVERSITY OF THE WORLD AROUND THEM. MEMBERSHIP IN THE LEXINGTON FRIENDS PRESCHOOL COMMUNITY IS AVAILABLE WITHOUT REGARD TO RACE, COLOR, CREED, GENDER, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, OR DISABLING CONDITION. LEXINGTON FRIENDS PRESCHOOL IS DEDICATED TO PROMOTING EQUALITY AND JUSTICE FOR ALL AND DOES NOT DISCRIMINATE AGAINST ANYONE IN ITS STUDENT ADMISSIONS, PROGRAMS, OR SCHOLARSHIPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,542
Program Service Revenue $330,670
Investment Income $2
Other Revenue $544
TOTAL REVENUE $347,758

Expense Breakdown

Grants Paid $0
Salaries & Benefits $329,620
Fundraising Expenses $709
Program Expenses $305,341
Other Expenses $70,172
TOTAL EXPENSES $399,792

Year-over-Year Comparison

2024 2023 Change
Revenue $347,758 $443,458 -0.2%
Expenses $399,792 $427,782 -0.1%
Net Income $-52,034 $15,676 -4.3%
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
11
Independent Members
11
Employees
23
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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDERS ANDERSON MEMBER 2.00
Director
$0 $0 $0
CHARLOTTE BIR-SANDIFER MEMBER 2.00
Director
$0 $0 $0
CARA BLUE MEMBER 2.00
Director
$0 $0 $0
PETER HARDY TREASURER 2.00
Officer Director
$0 $0 $0
GAIL KOEHLER BOARD CLERK 2.00
Officer Director
$0 $0 $0
TOM MARCO MEMBER 2.00
Director
$0 $0 $0
JENNIFER ROBINSON MEMBER 2.00
Director
$0 $0 $0
DAVONNA SAIER MEMBER 2.00
Director
$0 $0 $0
KATIE SALMERON RECORDING CL 2.00
Officer Director
$0 $0 $0
JULIET SOUNDERS MEMBER 2.00
Director
$0 $0 $0
JULIETTE SYMONS MEMBER 2.00
Director
$0 $0 $0
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
2025 $347,758 $399,792 $176,144 $-52,034
2024 $443,458 $427,782 $228,178 $15,676
2023 $464,437 $362,455 $212,502 $101,982
2022 $348,725 $255,993 $110,520 $92,732
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