LEXINGTON INDUSTRIAL FOUNDATION INC (EIN 616032773) - 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

1955

Legal Domicile

Principal Officer

HARRY RICHART III

Phone

8592244218

Tax Period

2025-01-01 to 2025-12-31

LEXINGTON INDUSTRIAL FOUNDATION INC, founded in 1955, is a micro nonprofit that reported $38K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $58K exceeded revenue, resulting in a 53% operating deficit.

Mission

PROMOTE AND ENCOURAGE THE CREATION OF JOBS IN THE CENTRAL KENTUCKY AREA

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $37,684

Other Revenue $0

TOTAL REVENUE $37,684

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $7,591

TOTAL EXPENSES $57,591

Year-over-Year Comparison

	2025	2024	Change
Revenue	$37,684	$34,311	+0.1%
Expenses	$57,591	$56,290	+0.0%
Net Income	$-19,907	$-21,979	-0.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOB D DARBY TURNER	PRESIDENT	0.20	Director	$0	$0	$0
ROBERT M HEWETT	VICE PRESIDENT	0.20	Director	$0	$0	$0
HARRY RICHART III	TREASURER	0.50	Director	$0	$0	$0
ROBERT L QUICK	SECRETARY	0.20	Director	$0	$0	$0
LUTHER DEATON	DIRECTOR	0.20	Director	$0	$0	$0
ED HOLMES	DIRECTOR	0.20	Director	$0	$0	$0
TIM HAYMAKER	DIRECTOR	0.20	Director	$0	$0	$0
WAYNE MARTIN	DIRECTOR	0.20	Director	$0	$0	$0
MIRA BALL	DIRECTOR	0.20	Director	$0	$0	$0
ELIZABETH WOODWARD	DIRECTOR	0.20	Director	$0	$0	$0
ADAM SMITH	DIRECTOR	0.20	Director	$0	$0	$0
NICK ROWE	DIRECTOR	0.20	Director	$0	$0	$0
ANN B BAKHAUS	DIRECTOR	0.20	Director	$0	$0	$0
HERB MILLER	DIRECTOR	0.20	Director	$0	$0	$0
KIMRA COLE	DIRECTOR	0.20	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	$37,684	$57,591	$532,970	$-19,907
2024	$34,311	$56,290	$515,979	$-21,979
2022	$32,286	$95,777	$460,524	$-63,491
2021	$64,175	$67,348	$648,206	$-3,173
2020	$21,941	$67,774	$616,060	$-45,833
2019	$18,118	$68,246	$611,304	$-50,128
2018	$2,504	$58,710	$550,344	$-56,206

LEXINGTON INDUSTRIAL FOUNDATION INC