Lexington Athletic Booster Club is located in Lexington, OH. The organization was established in 1991. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lexington Athletic Booster Club 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 08/2023, Lexington Athletic Booster Club generated $110.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $44.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (29.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDS TO SUPPORT THE SPORTS ACTIVITIES OF THE LEXINGTON SCHOOL DISTRICT FOR THE BENEFIT OF ALL STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Sanders President | 1 | $0 | |
Jim Hardman Vice-President | 1 | $0 | |
Todd Richards Secretary | 1 | $0 | |
Lore' Whitney Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $78,710 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $307 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $110,277 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $8,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $78 |
Other expenses | $36,059 |
Total expenses | $44,137 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $142,098 |
Other assets | $0 |
Total assets | $142,098 |
Total liabilities | $0 |
Net assets or fund balances | $142,098 |