LEXINGTON LODGE NO 1 HOLDING COMPANY INC (EIN 825081007) - 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

2018

Legal Domicile

Principal Officer

MARK DERMIT

Phone

8593731221

Tax Period

2024-01-01 to 2024-12-31

LEXINGTON LODGE NO 1 HOLDING COMPANY INC, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $29K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $50K exceeded revenue, resulting in a 71% operating deficit.

Mission

HOLD TITLE TO PROPERTY, COLLECT THE INCOME THEREFROM, AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS, EXPENSES, TO THE FREE & ACCEPTED MASONS OF KENTUCKY NO. 1 LEXINGTON F&AM LTD., WHICH IS AN ORGANIZATION THAT IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(10) OF THE IRC.

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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 $0

Program Service Revenue $29,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $29,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $49,566

TOTAL EXPENSES $49,566

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,000	$96,000	-0.7%
Expenses	$49,566	$120,738	-0.6%
Net Income	$-20,566	$-24,738	-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

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

N/A

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
DONALD H COMBS III	PRESIDENT	15.00	Officer Director	$0	$0	$0
MARK K DERMIT	TREASURER	15.00	Officer Director	$0	$0	$0
GERALD K JOHNSTON	SECRETARY	15.00	Officer 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	$29,000	$49,566	$991,725	$-20,566
2023	$96,000	$120,738	$1,012,291	$-24,738
2022	$10,000	$52,179	$1,037,029	$-42,179
2021	$67,000	$46,899	$1,079,208	$20,101

LEXINGTON LODGE NO 1 HOLDING COMPANY INC