Lxi
- Assets
- $297.8k
- Revenue
- $166.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Johnson City, TN
- Founding
- 09/2015
- Data as of
- 05/2024
- EIN
- 47-3719963
Organization Overview
Lxi is located in Johnson City, TN. The organization was established in 2015. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 05/2024, Lxi employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lxi 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 05/2024, Lxi generated $166.9k 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 (11.6%) each year. All expenses for the organization totaled $229.7k during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
LXI EXISTS TO DISPLAY THE POWER OF CHRIST'S LOVE AND INVITE THE JOHNSON CITY YOUTH INTO HOLISTIC CHANGE AND HEALING IN THEIR RELATIONSHIP WITH GOD, THEMSELVES, OTHERS, AND ALL OF CREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HOST A WEEKLY OUTREACH EVENT FOR AT-RISK YOUTH CALLED AMPLIFY. THIS PROGRAM INVITES THE YOUTH TO EXPLORE THEIR PASSIONS, CONNECT WITH CHRIST, AND EXPERIENCE GOD CENTERED COMMUNITY. AMPLIFY CURRENTLY SERVES 25-50 YOUTH EVERY TUESDAY NIGHT.
INTERYEAR FELLOWSHIP IS A YEAR-LONG OPPORTUNITY FOR YOUNG ADULTS WHO ARE COMMITTED TO LIVING IN AN INTENTIONAL CHRISTIAN COMMUNITY WITH LIKE-MINDED INDIVIDUALS FOCUSED ON DISCERNING THEIR VOCATION. EACH FELLOW SERVES IN A NONPROFIT OR MINISTRY THAT IS COMMITTED TO SOCIAL CHANGE, GAINING VALUABLE, HANDS-ON EXPERIENCE.
WE HOST AN AFTER SCHOOL PROGRAM CALLED LAUNCH/LAUNCHING INTO LIFE FOR BOTH MIDDLE AND HIGH SCHOOL AT-RISK YOUTH. THIS PROGRAM FOCUSES ON HEALING THROUGH CHRIST, ALL THE WHILE LEARNING PRACTICAL LIFE SKILLS. WE CURRENTLY HAVE 15 YOUTH PARTICIPATING BETWEEN MONDAY-THURSDAY IN THIS PROGRAM.
WE HOST SUMMER PROGRAMMING THAT FOCUSES ON HEALING THROUGH CHRIST. PART OF THIS PROGRAMMING IS FOCUSING ON CREATING SHARED EXPERIENCES. THESE SHARED EXPERIENCES TYPICALLY INCLUDE 3-5 DAY TRIPS TO PLACES THESE KIDS WOULD NOT HAVE OTHERWISE GOTTEN TO GO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damon S Johnson Executive Di | OfficerTrustee | 40 | $43,500 |
Drew Bedard Board Member | Officer | 2 | $0 |
Vinita Chen Board Member | Officer | 2 | $0 |
Chad Covert Board Direct | Officer | 2 | $0 |
Rebecca Davis Board Member | Officer | 2 | $0 |
Aaron Hoffman Treasurer | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,529 |
| Related organizations | $33,837 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,665 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,031 |
| Total Program Service Revenue | $0 |
| Investment income | $264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,895 |
| 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. | $43,500 |
| Compensation of current officers, directors, key employees. | $43,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,022 |
| Fees for services: Management | $2,991 |
| Fees for services: Legal | $545 |
| Fees for services: Accounting | $1,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,644 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,207 |
| Travel | $3,795 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,470 |
| Insurance | $8,566 |
| All other expenses | $21,584 |
| Total functional expenses | $229,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,517 |
| Savings and temporary cash investments | $18,357 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $263,831 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,072 |
| Total assets | $297,777 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $82,028 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $696 |
| Total liabilities | $82,724 |
| Net assets without donor restrictions | $215,053 |
| Net assets with donor restrictions | $0 |
| 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 | $297,777 |