Is Lexington One School Facilities Corporation Legit?
Quick charity verification for Lexington One School Facilities Corporation (EIN: 203682952)
Verdict: Lexington One School Facilities Corporation appears trustworthy
92/100Mission Score
$6.1MRevenue
$73.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent reduction in liabilities, from $80,630,000 in 2014 to $42,220,000 in 2023, demonstrating strong financial management.
Stable and significant asset base of approximately $73,030,000, providing long-term financial security.
0% reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
Consistent revenue generation around $6 million annually in recent years, ensuring operational stability.
High program spending efficiency, with expenses consistently well below revenue in recent years (e.g., $1.6M expenses on $6.0M revenue in 2023), suggesting effective resource allocation towards its mission.
Spending Breakdown
How Lexington One School Facilities Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lexington One School Facilities Corporation
Is Lexington One School Facilities Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lexington One School Facilities Corporation (EIN: 203682952) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lexington One School Facilities Corporation a good charity to donate to?
Lexington One School Facilities Corporation has a Mission Score of 92/100. Revenue: $6.1M. Assets: $73.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lexington One School Facilities Corporation?
The Employer Identification Number (EIN) for Lexington One School Facilities Corporation is 203682952. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lexington One School Facilities Corporation spend its money?
Lexington One School Facilities Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lexington One School Facilities Corporation's tax-exempt status?
You can verify Lexington One School Facilities Corporation's tax-exempt status using EIN 203682952 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Lexington One School Facilities Corporation consistently demonstrates strong financial health, primarily due to its stable revenue streams and significant asset base. With $73,030,000 in assets and annual revenues consistently around $6 million in recent years, the organization appears well-capitalized. Its primary function, as indicated by the NTEE code B11 (Elementary & Secondary Education Facilities), likely involves managing and financing school facilities, which aligns with its consistent expense levels relative to revenue. The organization's transparency is excellent, as evidenced by its consistent filing of IRS Form 990s with no reported officer compensation, suggesting a volunteer or externally managed board structure. The consistent reduction in liabilities over the past several years, from $80,630,000 in 2014 to $42,220,000 in 2023, indicates effective debt management and a strengthening financial position.