School Of Lexia is located in Mansfield, TX. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 08/2023, School Of Lexia employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School Of Lexia 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, School Of Lexia generated $395.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $353.7k during the year ending 08/2023. 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
SCHOOL OF LEXIA EDUCATES TWICE-EXCEPTIONAL STUDENTS WITH DYSLEXIA AND RELATED LEARNING DIFFERENCES BY PROVIDING THEM WITH EDUCATIONAL OPPORTUNITIES THROUGH A MULTI-SENSORY APPROACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL OF LEXIA PROVIDED FULL TIME SCHOOL FOR GRADES 1-6 DURING THE SEPTEMBER 2022 TO AUGUST 2023 FISCAL YEAR. AFTER SCHOOL CLASSES AND SUMMER CLASSES WERE ALSO CONDUCTED DURING THE FISCAL YEAR. FOR THE 2022-2023 SCHOOL YEAR THE SCHOOL SERVED 20 FULL TIME STUDENTS, 16 AFTER SCHOOL STUDENTS, AND 80 SUMMER SCHOOL STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linnea Oxley President | OfficerTrustee | 40 | $81,871 |
Michele Mccaslin Vice President | OfficerTrustee | 1 | $0 |
Jason Oxley Treasurer/cfo | OfficerTrustee | 35 | $40,962 |
Tiffany Holley Secretary | OfficerTrustee | 1 | $0 |
John Geyerman Board Member | Trustee | 1 | $0 |
Elizabeth Hostin Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $53,578 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $53,578 |
Total Program Service Revenue | $341,808 |
Investment income | $0 |
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 | $395,386 |
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. | $122,834 |
Compensation of current officers, directors, key employees. | $81,898 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $112,755 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,868 |
Payroll taxes | $45,126 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,505 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,422 |
Advertising and promotion | $1,180 |
Office expenses | $6,276 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,032 |
Travel | $393 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,331 |
Insurance | $2,504 |
All other expenses | $2,008 |
Total functional expenses | $353,742 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $215,196 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $215,196 |
Accounts payable and accrued expenses | $5,143 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,143 |
Net assets without donor restrictions | $0 |
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 | $210,053 |
Total liabilities and net assets/fund balances | $215,196 |