LEXINGTON OBSERVER INC (EIN 874640985) - 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

2022

Legal Domicile

Principal Officer

NICHOLAS MELE

Phone

7812050695

Tax Period

2023-01-01 to 2023-12-31

LEXINGTON OBSERVER INC, founded in 2022, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 2820% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 63% operating margin.

Mission

THE LEXINGTON OBSERVER IS A HYPERLOCAL, DIGITAL-FIRST, NONPROFIT NEWS SITE COVERING ISSUES THAT MATTER MOST TO PEOPLE IN LEXINGTON, INCLUDING LOCAL GOVERNMENT, EDUCATION, ECONOMY, ENVIRONMENT AND CULTURE. THE MISSION OF THE ORGANIZATION IS TO INCREASE UNDERSTANDING AND PARTICIPATION IN LEXINGTON MASSACHUSETTS THROUGH LOCAL, COMMUNITY JOURNALISM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,737,013

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $1,737,014

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $56,443

Fundraising Expenses $25,000

Program Expenses $595,285

Other Expenses $433,951

TOTAL EXPENSES $640,394

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,737,014	$59,494	+28.2%
Expenses	$640,394	$47,091	+12.6%
Net Income	$1,096,620	$12,403	+87.4%

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

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
NICHOLAS MELE	CHAIR	10.00	Officer Director	$0	$0	$0
CAMERON HICKEY	SECRETARY	2.50	Officer Director	$0	$0	$0
NAGARJUNA VENNA	TREASURER	0.50	Officer Director	$0	$0	$0
CRAIG SANDLER	DIRECTOR	0.50	Director	$0	$0	$0
ELIZABETH HANSEN	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	No data	No data	No data	No data
2023	$1,737,014	$640,394	$1,142,953	$1,096,620

LEXINGTON OBSERVER INC