LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION

EIN: 571025465 501(c)(3) Philanthropy & Grantmaking

LEXINGTON, SC

Total Revenue
$251,534
Total Expenses
$352,478
Total Assets
$1,967,264
Net Assets
$1,955,322
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
SC
Phone
8038211180
Tax Period
2024-07-01 to 2025-06-30

LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $252K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $352K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE MISSION OF THE LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION IS TO SUPPORT THE EDUCATIONAL PROCESS AND ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY RAISING AND MANAGING FUNDS.

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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 $249,743
Program Service Revenue $0
Investment Income $14,511
Other Revenue $-12,720
TOTAL REVENUE $251,534

Expense Breakdown

Grants Paid $210,755
Salaries & Benefits $104,343
Fundraising Expenses $0
Program Expenses $294,504
Other Expenses $37,380
TOTAL EXPENSES $352,478

Year-over-Year Comparison

2024 2023 Change
Revenue $251,534 $325,418 -0.2%
Expenses $352,478 $295,945 +0.2%
Net Income $-100,944 $29,473 -4.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
125

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
5
$84,813
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIDGET WINSTON CHAIR 1.5
Officer Director
$0 $0 $0
KATRINA BRYANT VICE-CHAIR 1.5
Officer Director
$0 $0 $0
LISA PHILLIPS IMMEDIATE PAST CHAIR 1.5
Officer Director
$0 $0 $0
RANDALL COOPER SECRETARY/TREASURER 1.5
Officer Director
$0 $0 $0
ANGELA DOUDA BOARD MEMBER 0.5
Director
$0 $0 $0
Brandi Keefer BOARD MEMBER 0.5
Director
$0 $0 $0
Cheryl Bartolotti BOARD MEMBER 0.5
Director
$0 $0 $0
DR Scarlet Taylor BOARD MEMBER 0.5
Director
$0 $0 $0
HARRIET COKER BOARD MEMBER 0.5
Director
$0 $0 $0
Jacqueline Kaminer BOARD MEMBER 0.5
Director
$0 $0 $0
JENNIFER WHITE BOARD MEMBER 0.5
Director
$0 $0 $0
Julie Bartels BOARD MEMBER 0.5
Director
$0 $0 $0
LAMYRON JENKINS BOARD MEMBER 0.5
Director
$0 $0 $0
MELISSA MOORE BOARD MEMBER 0.5
Director
$0 $0 $0
MICHAEL BOONE BOARD MEMBER 0.5
Director
$0 $0 $0
MICHELLE WHITE BOARD MEMBER 0.5
Director
$0 $0 $0
REBECCA WEST BOARD MEMBER 0.5
Director
$0 $0 $0
ROD DOOLEY JR BOARD MEMBER 0.5
Director
$0 $0 $0
T DAVID CHAO BOARD MEMBER 0.5
Director
$0 $0 $0
Willard Salley BOARD MEMBER 0.5
Director
$0 $0 $0
JULIE WASHBURN EXECUTIVE DIRECTOR 40.0
Officer
$0 $0 $84,813
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 $251,534 $352,478 $1,967,264 $-100,944
2024 No data No data No data No data
2023 $414,015 $334,595 $1,580,990 $79,420
2022 $450,087 $390,923 $1,380,606 $59,164
2021 $290,973 $304,557 $1,633,490 $-13,584
2020 $335,438 $408,025 $1,406,333 $-72,587
2019 $330,044 $303,372 $1,424,221 $26,672
2018 $338,479 $263,110 $1,412,012 $75,369
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