LEXINGTON STRIDES AHEAD FOUNDATION INC

EIN: 611322448 Community Improvement

LEXINGTON, KY

Total Revenue
$1,174,520
Total Expenses
$1,014,761
Total Assets
$191,131
Net Assets
$191,131
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
KY
Principal Officer
BOB HEWETT
Phone
8592255005
Tax Period
2024-01-01 to 2024-12-31

LEXINGTON STRIDES AHEAD FOUNDATION INC, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 14% surplus.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT THROUGH BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.

Program Service Accomplishments

Program 1
Expenses: $1,014,761 Revenue: $1,174,520

LEXINGTON STRIDES AHEAD CONTINUES TO IMPLEMENT PART TWO OF THE ONE TEAM ONE VISION CAMPAIGN WHICH PROMOTES LONG TERM PLANS FOR LEXINGTON'S ECONOMY THROUGH RESPONSIBLE EXPANSION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,174,520
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,174,520

Expense Breakdown

Grants Paid $967,235
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,014,761
Other Expenses $47,526
TOTAL EXPENSES $1,014,761

Year-over-Year Comparison

2024 2023 Change
Revenue $1,174,520 $755,480 +0.6%
Expenses $1,014,761 $736,543 +0.4%
Net Income $159,759 $18,937 +7.4%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
2
$0
Total Directors
10
$284,382
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB HEWETT CHAIRMAN 0.50
Officer Director
$0 $0 $0
MARTHA JONES SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
KIM OGLE DIRECTOR 0.50
Director
$0 $0 $0
TOM HARRIS DIRECTOR 0.50
Director
$0 $0 $0
ROBERT QUICK DIRECTOR 0.50
Director
$0 $31,613 $284,382
TUCKER BALLINGER DIRECTOR 0.50
Director
$0 $0 $0
RAY DANIELS DIRECTOR 0.50
Director
$0 $0 $0
CARLA BLANTON DIRECTOR 0.50
Director
$0 $0 $0
ED HOLMES DIRECTOR 0.50
Director
$0 $0 $0
CHRISTY SPITSER DIRECTOR 0.50
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
2024 $1,174,520 $1,014,761 $191,131 $159,759
2023 $755,480 $736,543 $31,370 $18,937
2022 $629,220 $637,579 $12,433 $-8,359
2021 $670,362 $659,275 $20,792 $11,087
2020 $693,875 $770,825 $9,705 $-76,950
2019 $747,600 $706,155 $86,655 $41,445
2018 $738,076 $814,891 $45,210 $-76,815
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LEXINGTON STRIDES AHEAD FOUNDATION INC with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.