LEXINGTON STRIDES AHEAD FOUNDATION INC (EIN 611322448) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

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

FUNDING OF ECONOMIC DEVELOPMENT INITIATIVE DESIGNED TO PROMOTE BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.

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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%)

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

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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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

$284,382

Key Employees

Highest Compensated

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

LEXINGTON STRIDES AHEAD FOUNDATION INC