Lexington Center For Recovery Inc

Lexington Center For Recovery Inc shows strong revenue and asset growth, with no reported officer compensation.

EIN: 133131438 · Katonah, NY · Updated: 2026-03-28

$35.9MRevenue

$28.6MAssets

75/100Mission Score (Good)

About Lexington Center For Recovery Inc

Lexington Center For Recovery Inc (EIN: 133131438) is a nonprofit organization based in Katonah, NY. The organization reported total revenue of $35.9M and total assets of $28.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lexington Center For Recovery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lexington Center For Recovery Inc demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating a stable and expanding organization. In the latest filing (202312), the organization reported revenues of $33,072,681 against expenses of $29,457,456, resulting in a surplus. This surplus contributes to the growth in assets, which reached $26,203,419 in 2023, a significant increase from $2,749,200 in 2014. The organization's liabilities have also increased, reaching $14,741,544 in 2023, which is a notable portion of its assets, suggesting potential debt or operational obligations.

The financial health appears robust with consistent revenue growth and asset accumulation. However, the absence of reported officer compensation across all filings is unusual for an organization of this size and could raise questions regarding transparency in executive remuneration, or it might indicate that officers are compensated through other means not captured in this specific field, or that the organization's structure does not involve compensated officers in the traditional sense. Further investigation into the detailed compensation schedules would be necessary to fully assess this aspect.

Spending efficiency, based on the provided data, shows that expenses generally track closely with revenue, indicating that most of the income is being utilized for operations and programs. The consistent surpluses suggest effective financial management, allowing for reinvestment and growth. The significant increase in assets, particularly between 2021 and 2022 (from $8,993,538 to $25,263,524), warrants closer examination to understand the nature of these asset acquisitions and their impact on the organization's mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lexington Center For Recovery Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Lexington Center For Recovery Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% for Officer Comp across all periods, which is highly unusual for an organization with revenues exceeding $30 million. This either indicates that executive compensation is not reported in this specific field, or that the organization's leadership is entirely volunteer-based, or compensated through a related entity, which would require further scrutiny for full transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Lexington Center For Recovery Inc's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in executive pay.
Significant increase in liabilities alongside asset growth, warranting closer examination of debt management.

Strengths

The following positive indicators were identified for Lexington Center For Recovery Inc:

Consistent and strong revenue growth over the past decade, indicating increasing support and demand for services.
Substantial asset growth, suggesting successful reinvestment and expansion of organizational capacity.
Positive net income (revenue exceeding expenses) in most recent filings, contributing to financial stability and reserves.

Frequently Asked Questions about Lexington Center For Recovery Inc

Why is officer compensation consistently reported as 0% across all filings, despite the organization's significant size and revenue?

The consistent reporting of 0% for officer compensation is atypical for an organization of this scale. It could mean that compensation is structured differently (e.g., through a management company, or officers are uncompensated volunteers), or it's not being fully disclosed in the 'Officer Comp' field of the provided summary data. A deeper dive into the full 990 forms, specifically Schedule J, would be needed to understand executive remuneration practices.

What accounts for the substantial increase in assets from $8,993,538 in 2021 to $25,263,524 in 2022?

The significant jump in assets between 2021 and 2022 suggests a major acquisition of property, plant, and equipment, or a substantial increase in investments. This could be due to expansion of facilities, purchase of new program-related assets, or a large endowment contribution. The specific nature of these assets would be detailed in the organization's balance sheet within the full IRS 990.

How does the organization manage its increasing liabilities, which reached $14,741,544 in 2023?

The growth in liabilities, particularly in recent years, could be associated with financing the asset growth (e.g., mortgages, loans for new facilities) or increased operational payables. While assets have grown faster than liabilities, the proportion of liabilities to assets (e.g., 2023: $14.7M liabilities vs. $26.2M assets) indicates a significant level of debt or obligations that need to be managed effectively to maintain financial stability.

Filing History

IRS 990 filing history for Lexington Center For Recovery Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Lexington Center For Recovery Inc's revenue has grown by 165%, moving from $12.5M to $33.1M. Total assets increased by 1129.7% over the same period, from $2.1M to $26.2M. Total functional expenses rose by 136.1%, from $12.5M to $29.5M. In its most recent filing year (2023), Lexington Center For Recovery Inc reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $14.7M in liabilities against $26.2M in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $11.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$33.1M	$29.5M	$26.2M	$14.7M	—	—
2022	$26.6M	$26.1M	$25.3M	$17.4M	—	View 990
2021	$26.0M	$22.0M	$9.0M	$1.6M	—	View 990
2020	$21.4M	$20.4M	$8.2M	$5.2M	—	—
2019	$19.8M	$19.6M	$6.2M	$4.2M	—	View 990
2018	$18.6M	$18.1M	$6.6M	$3.5M	—	View 990
2017	$17.1M	$16.6M	$4.1M	$1.5M	—	View 990
2016	$15.8M	$15.4M	$3.5M	$1.4M	—	View 990
2015	$14.9M	$14.4M	$3.5M	$1.8M	—	View 990
2014	$12.9M	$12.7M	$2.7M	$1.5M	—	View 990
2013	$13.6M	$13.1M	$2.5M	$1.6M	—	View 990
2012	$13.2M	$13.4M	$2.3M	$1.9M	—	View 990
2011	$12.7M	$12.6M	$2.5M	$1.6M	—	View 990
2010	$12.5M	$12.5M	$2.1M	$1.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $33.1M, expenses of $29.5M, and assets of $26.2M (revenue +24.5% year-over-year).
2022: Revenue of $26.6M, expenses of $26.1M, and assets of $25.3M (revenue +2.1% year-over-year).
2021: Revenue of $26.0M, expenses of $22.0M, and assets of $9.0M (revenue +21.7% year-over-year).
2020: Revenue of $21.4M, expenses of $20.4M, and assets of $8.2M (revenue +8.0% year-over-year).
2019: Revenue of $19.8M, expenses of $19.6M, and assets of $6.2M (revenue +6.3% year-over-year).
2018: Revenue of $18.6M, expenses of $18.1M, and assets of $6.6M (revenue +9.2% year-over-year).
2017: Revenue of $17.1M, expenses of $16.6M, and assets of $4.1M (revenue +8.1% year-over-year).
2016: Revenue of $15.8M, expenses of $15.4M, and assets of $3.5M (revenue +5.5% year-over-year).
2015: Revenue of $14.9M, expenses of $14.4M, and assets of $3.5M (revenue +15.7% year-over-year).
2014: Revenue of $12.9M, expenses of $12.7M, and assets of $2.7M (revenue -5.1% year-over-year).
2013: Revenue of $13.6M, expenses of $13.1M, and assets of $2.5M (revenue +3.0% year-over-year).
2012: Revenue of $13.2M, expenses of $13.4M, and assets of $2.3M (revenue +4.0% year-over-year).
2011: Revenue of $12.7M, expenses of $12.6M, and assets of $2.5M (revenue +1.9% year-over-year).
2010: Revenue of $12.5M, expenses of $12.5M, and assets of $2.1M.

Data Sources and Methodology

This transparency report for Lexington Center For Recovery Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.