Lexington Foundation Inc
- Assets
- $17.1m
- Revenue
- $2.0m
- Investments
- $323.9k
- Employees
- 0
- Location
- Johnstown, NY
- Founding
- 02/1995
- Data as of
- 12/2023
- EIN
- 14-1689110
Organization Overview
Lexington Foundation Inc is located in Johnstown, NY. The organization was established in 1995. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lexington Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Lexington Foundation Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT LEXINGTON IN ITS MISSION TO EMPOWER PEOPLE WITH AUTISM AND DEVELOPMENTAL DISABILITIES TO LIVE THEIR BEST LIVES, EVERY DAY, BY PARTNERING WITH THEIR FAMILIES, OUR EMPLOYEES AND OUR COMMUNITY. THE LEXINGTON FOUNDATION WAS CREATED FOR THE PURPOSE OF ENSURING THAT THE COMMITMENT TO PEOPLE WITH AUTISM AND DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES IS SUSTAINED THROUGH LONG-TERM FINANCIAL SUPPORT. FUNDS RAISED BY THE FOUNDATION ARE USED TO SUPPORT PROGRAMS AND SERVICES, PURCHASE SPECIALIZED EQUIPMENT, AND SPONSER EDUCATIONAL AND RECREATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION PROPERTY HOLDER - THE LEXINGTON FOUNDATION, INC. (THROUGH FULTON COUNTY) APPLIED FOR AND WAS AWARDED A COMMUNITY DEVELOPMENT BLOCK GRANT TO PURCHASE AND RENOVATE A BUILDING IN MAYFIELD, NEW YORK TO BE USED AS AN ARTS FACILITY KNOWN AS THE NIGRA ARTS CENTER. THE BUILDING HOUSES THE PAUL NIGRA CENTER FOR CREATIVE ARTS AND TRANSITIONS PROGRAMS.
TRANSITIONS - TRANSITIONS, LAUNCHED IN 2015, IS A PROJECT OF THE LEXINGTON FOUNDATION, INC. IT IS A SUPPORTIVE APPRENTICESHIP PROGRAM FOR YOUNG MEN AND WOMEN WITH AUTISM SPECTRUM DISORDERS AND OTHER LEARNING DIFFERENCES. TRANSITIONS HELPS THOSE WHO WANT TO ATTEND COLLEGE AND/OR PREPARE FOR A CAREER, BUT MAY REQUIRE ACADEMIC, SOCIAL, MEDICAL AND/OR EMOTIONAL SUPPORT TO BE SUCCESSFUL. TRANSITIONS FOCUSES ON BUILDING ACADEMIC SKILLS, LIFE SKILLS AND GENERAL INDEPENDENCE FOR HIGH SCHOOL GRADUATES AND YOUNG ADULTS WITH LEARNING DIFFERENCES. ITS EVIDENCE-BASED CURRICULUM COVERS SOCIAL SKILLS, HEALTH AND WELLNESS, INDEPENDENT LIFE, SELF-MANAGEMENT, AND SELF-ADVOCACY AND LEADERSHIP ALL ESSENTIAL SKILLS THAT, ONCE MASTERED, WILL STEER THE APPRENTICES TOWARD SUCCESS IN COLLEGE, THE WORKPLACE AND LIVING ON THEIR OWN. THE PROGRAM ALSO OFFERS DIRECT SUPPORT TO APPRENTICES WHO ARE ENROLLED IN COLLEGE AND TO THOSE WHO ARE EMPLOYED.
PAUL NIGRA CENTER FOR CREATIVE ARTS - THE MISSION OF THE PAUL NIGRA CENTER FOR CREATIVE ARTS IS TO PROVIDE A CREATIVE EDUCATION RESOURCE FOR PEOPLE OF ALL AGES AND ABILITIES WHILE CELEBRATING THE ARTS THROUGH CLASSES, ENTERTAINMENT, EXHIBITIONS AND SPECIAL EVENTS. ADDITIONALLY, THE CENTER IS COMMITTED TO OFFERING ACCESSIBLE ART PROGRAMS FOR ADULTS AND CHILDREN WITH DEVELOPMENTAL AND PHYSICAL DIFFERENCES. THE CENTER IS OPEN YEAR-ROUND TO ALL MEMBERS OF THE COMMUNITY. OFFERINGS INCLUDE FUN FAMILY EVENTS, EDUCATIONAL OPPORTUNITIES, ARTS PROGRAMMING. THE VERY BEST OF LOCAL TALENT IS DEDICATED TO MAKING THIS CENTER A DYNAMIC PLACE TO LEARN ABOUT THE ARTS AND CONTRIBUTUE TO THE CREATIVE COMMUNITY OF THE ADIRONDACK MOUNTAINS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Schelle Chairperson | OfficerTrustee | 1 | $0 |
Lisa Mccoy Board Member | Trustee | 1 | $0 |
Joe Magliocca Board Member | Trustee | 1 | $0 |
Cathy Baxter Secretary | Officer | 1 | $0 |
George Wallace Hart Executive Director | Officer | 2 | $0 |
Jamie Petrin Treasurer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stuyvesant Plaza Inc Lease | 12/30/23 | $131,439 |
Ct Male Associates Engineering/surveying | 12/30/23 | $126,548 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,416 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $571,706 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $585,122 |
| Total Program Service Revenue | $630,464 |
| Investment income | $321,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $401,638 |
| Net Gain/Loss on Asset Sales | $40,196 |
| Net Income from Fundraising Events | $61,278 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,040,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $282,278 |
| Pension plan accruals and contributions | $14,948 |
| Other employee benefits | $65,455 |
| Payroll taxes | $24,405 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $286,833 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,560 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $250,718 |
| Insurance | $0 |
| All other expenses | $185,323 |
| Total functional expenses | $1,965,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,190,706 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,257 |
| Accounts receivable, net | $165,249 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,953,283 |
| Investments—publicly traded securities | $11,990,632 |
| Investments—other securities | $323,857 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $476,571 |
| Total assets | $17,112,555 |
| Accounts payable and accrued expenses | $106,126 |
| Grants payable | $0 |
| Deferred revenue | $13,585 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,444,013 |
| Total liabilities | $2,563,724 |
| Net assets without donor restrictions | $14,399,815 |
| Net assets with donor restrictions | $149,016 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,112,555 |