LXI INC

EIN: 473719963 501(c)(3) Religion

JOHNSON CITY, TN

Total Revenue
$89,076
Total Expenses
$142,245
Total Assets
$279,591
Net Assets
$161,884
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TN
Principal Officer
SHERRY TRENT
Phone
4239463183
Tax Period
2024-06-01 to 2025-05-31

LXI INC, founded in 2015, is a micro nonprofit in the Religion sector that reported $89K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $142K exceeded revenue, resulting in a 60% operating deficit.

Mission

LXI EXISTS TO DISPLAY THE POWER OF CHRIST'S LOVE AND INVITE THE JOHNSON CITY YOUTH INTO HOLISTIC CHANGE AND HEALING IN THEIR RELATIONSHIP WITH GOD, THEMSELVES, OTHERS, AND ALL OF CREATION.

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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 $88,812
Program Service Revenue $0
Investment Income $164
Other Revenue $100
TOTAL REVENUE $89,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,765
Fundraising Expenses $0
Program Expenses $11,465
Other Expenses $117,480
TOTAL EXPENSES $142,245

Year-over-Year Comparison

2024 2023 Change
Revenue $89,076 $166,895 -0.5%
Expenses $142,245 $229,714 -0.4%
Net Income $-53,169 $-62,819 -0.2%
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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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
3
Volunteers
20

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
20
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY WINN BOARD CHAIR 2.00
Officer Director
$0 $0 $0
STEVE BALDWIN BOARD MEMBER 2.00
Officer
$0 $0 $0
LINDA BROYLES BOARD MEMBER 2.00
Officer
$0 $0 $0
PHIL CARRIGER TREASURER 2.00
Officer
$0 $0 $0
LEE CHASE BOARD VICE C 2.00
Officer
$0 $0 $0
BARRY DRUMMOND BOARD MEMBER 2.00
Officer
$0 $0 $0
ASHLEE EBBERTS BOARD MEMBER 2.00
Officer
$0 $0 $0
RON VON ESSEN BOARD MEMBER 2.00
Officer
$0 $0 $0
JEFF LINVILLE SECRETARY 2.00
Officer
$0 $0 $0
ROSE NEESE BOARD MEMBER 2.00
Officer
$0 $0 $0
BETHANY O'LEARY BOARD MEMBER 2.00
Officer
$0 $0 $0
SHAWN PORTER BOARD MEMBER 2.00
Officer
$0 $0 $0
KEN REA BOARD MEMBER 2.00
Officer
$0 $0 $0
VIRGINIA ROBINSON BOARD MEMBER 2.00
Officer
$0 $0 $0
TODD SMITH BOARD MEMBER 2.00
Officer
$0 $0 $0
BEVERLY STEVENS BOARD MEMBER 2.00
Officer
$0 $0 $0
ERNIE STOLTZFUS BOARD MEMBER 2.00
Officer
$0 $0 $0
SHERRY TRENT CEO 40.00
Officer
$0 $0 $0
PAUL WALTON BOARD MEMBER 2.00
Officer
$0 $0 $0
ROBERT WILLIAMS BOARD MEMBER 2.00
Officer
$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 $89,076 $142,245 $279,591 $-53,169
2024 $166,895 $229,714 $297,777 $-62,819
2023 $291,368 $232,565 $366,220 $58,803
2022 $252,703 $222,094 $312,425 $30,609
2021 $273,332 $163,500 $189,241 $109,832
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