Lynn & Rovena Alexander Family Foundation
Lynn & Rovena Alexander Family Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 200500828 · Nicholasville, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $544K |
| Total Expenses | $152K |
| Program Spending | 90% |
| Net Assets | $506K |
| Transparency Score | 90/100 |
Is Lynn & Rovena Alexander Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lynn & Rovena Alexander Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lynn & Rovena Alexander Family Foundation
Lynn & Rovena Alexander Family Foundation (EIN: 200500828) is a nonprofit organization based in Nicholasville, KY, classified under NTEE code T22. The organization reported total revenue of $544K and total assets of $560K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lynn & Rovena Alexander Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lynn & Rovena Alexander Family Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $152K |
| Surplus / Deficit | +$12K |
| Total Assets | $506K |
| Total Liabilities | $1 |
| Net Assets | $506K |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 40.0 months |
Financial Health Grade: A
In 2023, Lynn & Rovena Alexander Family Foundation reported a surplus of $12K with revenue exceeding expenses, holds 40.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lynn & Rovena Alexander Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.0% | +7.9% | +2.5% |
| 2022 | +16.2% | +100.4% | +13.7% |
| 2021 | +189.0% | -11.8% | +30.7% |
| 2020 | -4.3% | +91.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lynn & Rovena Alexander Family Foundation with a Mission Score of 90 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lynn & Rovena Alexander Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for resource allocation to charitable purposes.
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 Lynn & Rovena Alexander Family Foundation's IRS 990 filings:
- No detailed breakdown of program vs. administrative expenses available in summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Lynn & Rovena Alexander Family Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency in resource allocation.
- Very low liabilities (typically $1) consistently reported, demonstrating strong financial management and minimal debt.
- Consistent asset growth over the past decade, from $316,793 in 2011 to $506,390 in 2023.
- Regular IRS 990 filings over a decade, indicating good transparency and compliance.
Frequently Asked Questions about Lynn & Rovena Alexander Family Foundation
Is Lynn & Rovena Alexander Family Foundation a legitimate charity?
Lynn & Rovena Alexander Family Foundation (EIN: 200500828) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $544K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Lynn & Rovena Alexander Family Foundation spend its money?
Lynn & Rovena Alexander Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lynn & Rovena Alexander Family Foundation tax-deductible?
Lynn & Rovena Alexander Family Foundation is registered as a tax-exempt nonprofit (EIN: 200500828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lynn & Rovena Alexander Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lynn & Rovena Alexander Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lynn & Rovena Alexander Family Foundation located?
Lynn & Rovena Alexander Family Foundation is headquartered in Nicholasville, Kentucky and files with the IRS under EIN 200500828. It is classified under NTEE code T22.
How many years of IRS 990 filings does Lynn & Rovena Alexander Family Foundation have?
Lynn & Rovena Alexander Family Foundation has 10 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 $544K in total revenue.
Is the Lynn & Rovena Alexander Family Foundation a good charity?
Based on the provided data, the foundation appears to be a financially sound and well-managed charity. It consistently reports 0% officer compensation, maintains low liabilities, and has shown asset growth over time, suggesting efficient use of funds.
How has the foundation's financial health changed over time?
The foundation's assets have grown from $316,793 in 2011 to $506,390 in 2023, indicating a positive trend in financial health. Revenue and expenses have fluctuated but generally show a stable operational pattern.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% officer compensation, meaning no salaries are paid to its executives, which is a strong indicator of a focus on program spending.
Filing History
IRS 990 filing history for Lynn & Rovena Alexander Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lynn & Rovena Alexander Family Foundation's revenue has declined by 4.4%, moving from $172K to $164K. Total assets increased by 59.8% over the same period, from $317K to $506K. Total functional expenses fell by 2.2%, from $155K to $152K. In its most recent filing year (2023), Lynn & Rovena Alexander Family Foundation reported a surplus of $12K, with revenue exceeding expenses. The organization holds $1 in liabilities against $506K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $506K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $152K | $506K | $1 | — | — |
| 2022 | $200K | $141K | $494K | $1 | — | View 990 |
| 2021 | $172K | $70K | $435K | $1 | — | View 990 |
| 2020 | $60K | $80K | $333K | $1 | — | — |
| 2019 | $62K | $42K | $353K | $1 | — | — |
| 2015 | $-21,400 | $33K | $446K | $1 | — | View 990 |
| 2014 | $112K | $14K | $502K | $1 | — | View 990 |
| 2013 | $203K | $136K | $405K | $1 | — | View 990 |
| 2012 | $163K | $141K | $338K | $1 | — | View 990 |
| 2011 | $172K | $155K | $317K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $152K, and assets of $506K (revenue -18.0% year-over-year).
- 2022: Revenue of $200K, expenses of $141K, and assets of $494K (revenue +16.2% year-over-year).
- 2021: Revenue of $172K, expenses of $70K, and assets of $435K (revenue +189.0% year-over-year).
- 2020: Revenue of $60K, expenses of $80K, and assets of $333K (revenue -4.3% year-over-year).
- 2019: Revenue of $62K, expenses of $42K, and assets of $353K.
- 2015: Revenue of $-21,400, expenses of $33K, and assets of $446K (revenue -119.1% year-over-year).
- 2014: Revenue of $112K, expenses of $14K, and assets of $502K (revenue -44.7% year-over-year).
- 2013: Revenue of $203K, expenses of $136K, and assets of $405K (revenue +24.8% year-over-year).
- 2012: Revenue of $163K, expenses of $141K, and assets of $338K (revenue -5.1% year-over-year).
- 2011: Revenue of $172K, expenses of $155K, and assets of $317K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lynn & Rovena Alexander Family Foundation:
Data Sources and Methodology
This transparency report for Lynn & Rovena Alexander Family 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.