Lexington Strides Ahead Foundation
EIN: 611322448 · Lexington, KY · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $737K |
| Net Assets | $31K |
Is Lexington Strides Ahead Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lexington Strides Ahead Foundation
Lexington Strides Ahead Foundation (EIN: 611322448) is a nonprofit organization based in Lexington, KY, classified under NTEE code S41. The organization reported total revenue of $1.2M and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lexington Strides Ahead Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lexington Strides Ahead Foundation is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $755K |
| Total Expenses | $737K |
| Surplus / Deficit | +$19K |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 2.5% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2023, Lexington Strides Ahead Foundation reported a surplus of $19K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Lexington Strides Ahead Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.1% | +15.5% | +152.3% |
| 2022 | -6.1% | -3.3% | -40.2% |
| 2021 | -3.4% | -14.5% | +114.2% |
| 2020 | -7.2% | +9.2% | -88.8% |
| 2019 | +1.3% | -13.3% | +91.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lexington Strides Ahead Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lexington Strides Ahead Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Frequently Asked Questions about Lexington Strides Ahead Foundation
Is Lexington Strides Ahead Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lexington Strides Ahead Foundation (EIN: 611322448) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lexington Strides Ahead Foundation spend its money?
Detailed spending breakdown data is not yet available for Lexington Strides Ahead Foundation. Check back for updated IRS 990 analysis.
Are donations to Lexington Strides Ahead Foundation tax-deductible?
Lexington Strides Ahead Foundation is registered as a tax-exempt nonprofit (EIN: 611322448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lexington Strides Ahead Foundation located?
Lexington Strides Ahead Foundation is headquartered in Lexington, Kentucky and files with the IRS under EIN 611322448. It is classified under NTEE code S41.
How many years of IRS 990 filings does Lexington Strides Ahead Foundation have?
Lexington Strides Ahead Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Lexington Strides Ahead Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lexington Strides Ahead Foundation's revenue has grown by 37.1%, moving from $551K to $755K. Total assets increased by 29.4% over the same period, from $24K to $31K. Total functional expenses rose by 32.5%, from $556K to $737K. In its most recent filing year (2023), Lexington Strides Ahead Foundation reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $755K | $737K | $31K | $0 | — | — |
| 2022 | $629K | $638K | $12K | $0 | — | View 990 |
| 2021 | $670K | $659K | $21K | $0 | — | View 990 |
| 2020 | $694K | $771K | $10K | $0 | — | View 990 |
| 2019 | $748K | $706K | $87K | $0 | — | — |
| 2018 | $738K | $815K | $45K | $0 | — | View 990 |
| 2017 | $698K | $675K | $122K | $0 | — | View 990 |
| 2016 | $776K | $731K | $99K | $0 | — | View 990 |
| 2015 | $746K | $705K | $54K | $0 | — | View 990 |
| 2014 | $731K | $827K | $13K | $0 | — | View 990 |
| 2013 | $672K | $656K | $109K | $0 | — | View 990 |
| 2012 | $621K | $553K | $93K | $0 | — | View 990 |
| 2011 | $551K | $556K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $755K, expenses of $737K, and assets of $31K (revenue +20.1% year-over-year).
- 2022: Revenue of $629K, expenses of $638K, and assets of $12K (revenue -6.1% year-over-year).
- 2021: Revenue of $670K, expenses of $659K, and assets of $21K (revenue -3.4% year-over-year).
- 2020: Revenue of $694K, expenses of $771K, and assets of $10K (revenue -7.2% year-over-year).
- 2019: Revenue of $748K, expenses of $706K, and assets of $87K (revenue +1.3% year-over-year).
- 2018: Revenue of $738K, expenses of $815K, and assets of $45K (revenue +5.7% year-over-year).
- 2017: Revenue of $698K, expenses of $675K, and assets of $122K (revenue -10.1% year-over-year).
- 2016: Revenue of $776K, expenses of $731K, and assets of $99K (revenue +4.1% year-over-year).
- 2015: Revenue of $746K, expenses of $705K, and assets of $54K (revenue +1.9% year-over-year).
- 2014: Revenue of $731K, expenses of $827K, and assets of $13K (revenue +8.9% year-over-year).
- 2013: Revenue of $672K, expenses of $656K, and assets of $109K (revenue +8.1% year-over-year).
- 2012: Revenue of $621K, expenses of $553K, and assets of $93K (revenue +12.7% year-over-year).
- 2011: Revenue of $551K, expenses of $556K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lexington Strides Ahead Foundation:
Data Sources and Methodology
This transparency report for Lexington Strides Ahead Foundation 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.