Mission Lexington Inc
Mission Lexington Inc consistently operates with a surplus and zero officer compensation, demonstrating strong financial health.
EIN: 202824933 · Lexington, KY · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $642K |
| Total Expenses | $401K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $400,000, |
| Net Assets | $304K |
| Transparency Score | 92/100 |
Is Mission Lexington Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mission Lexington Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mission Lexington Inc
Mission Lexington Inc (EIN: 202824933) is a nonprofit organization based in Lexington, KY, classified under NTEE code E70. The organization reported total revenue of $642K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission Lexington Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission Lexington Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $401K |
| Surplus / Deficit | +$18K |
| Total Assets | $304K |
| Net Assets | $304K |
| Operating Margin | 4.3% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Mission Lexington Inc reported a surplus of $18K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Mission Lexington Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | -8.8% | +6.3% |
| 2022 | +19.7% | +20.1% | -3.4% |
| 2021 | -24.4% | -14.9% | -2.3% |
| 2020 | -8.1% | -6.7% | +17.3% |
| 2019 | -0.3% | -11.6% | +27.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mission Lexington Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mission Lexington Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $18K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size with revenues often exceeding $400,000, suggesting a volunteer-led executive team or that compensation is covered by another entity.
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 Mission Lexington Inc's IRS 990 filings:
- Unusually low administrative and fundraising expenses, potentially indicating underreporting or reliance on external support for these functions, or that these costs are embedded within program expenses.
- Consistent 0% officer compensation, while positive for program spending, could also indicate that key leadership roles are entirely volunteer, which might pose sustainability challenges for a growing organization, or that compensation is structured in a way not captured by this line item.
Strengths
The following positive indicators were identified for Mission Lexington Inc:
- Strong program spending efficiency due to 0% officer compensation.
- Consistent asset growth over the past decade, indicating financial stability and capacity building.
- Minimal to no reported liabilities in recent years, reflecting sound financial management.
- Long history of consistent IRS 990 filings, demonstrating transparency.
- Generally operates with a revenue surplus, allowing for reinvestment in mission.
Frequently Asked Questions about Mission Lexington Inc
Is Mission Lexington Inc a legitimate charity?
Mission Lexington Inc (EIN: 202824933) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $642K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Mission Lexington Inc spend its money?
Mission Lexington Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Mission Lexington Inc tax-deductible?
Mission Lexington Inc is registered as a tax-exempt nonprofit (EIN: 202824933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mission Lexington Inc CEO make?
Mission Lexington Inc's highest-compensated officer earns $400,000, annually. The organization reported $642K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mission Lexington Inc's spending goes to programs?
Mission Lexington Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mission Lexington Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mission Lexington Inc is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mission Lexington Inc located?
Mission Lexington Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 202824933. It is classified under NTEE code E70.
How many years of IRS 990 filings does Mission Lexington Inc have?
Mission Lexington Inc has 12 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 $642K in total revenue.
Is Mission Lexington Inc a good charity?
Based on the available IRS 990 data, Mission Lexington Inc appears to be a very good charity. It consistently operates with a healthy financial position, has shown asset growth, and most notably, reports 0% officer compensation, meaning funds are highly likely to be directed to programs and operations.
How has Mission Lexington Inc's financial health changed over time?
Mission Lexington Inc has shown consistent financial growth and stability. Assets have grown from $99,137 in 2014 to $303,586 in 2023. While there have been minor fluctuations where expenses briefly exceeded revenue (e.g., 2022), the overall trend indicates responsible management and a growing resource base.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership is either entirely volunteer-based or compensated through means not reported as officer compensation on the 990, which is a significant indicator of resource allocation towards the mission.
Filing History
IRS 990 filing history for Mission Lexington Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mission Lexington Inc's revenue has grown by 198.6%, moving from $140K to $419K. Total assets increased by 577.5% over the same period, from $45K to $304K. Total functional expenses rose by 158.4%, from $155K to $401K. In its most recent filing year (2023), Mission Lexington Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $401K | $304K | $0 | — | View 990 |
| 2022 | $430K | $440K | $286K | $0 | — | View 990 |
| 2021 | $359K | $366K | $296K | $0 | — | View 990 |
| 2020 | $475K | $430K | $303K | $0 | — | View 990 |
| 2019 | $517K | $461K | $258K | $0 | — | View 990 |
| 2018 | $519K | $522K | $203K | $0 | — | View 990 |
| 2017 | $503K | $450K | $206K | $0 | — | View 990 |
| 2016 | $387K | $338K | $153K | $0 | — | View 990 |
| 2015 | $353K | $326K | $121K | $0 | — | View 990 |
| 2014 | $311K | $279K | $99K | $6K | — | View 990 |
| 2013 | $265K | $244K | $65K | $3K | — | View 990 |
| 2012 | $140K | $155K | $45K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $401K, and assets of $304K (revenue -2.5% year-over-year).
- 2022: Revenue of $430K, expenses of $440K, and assets of $286K (revenue +19.7% year-over-year).
- 2021: Revenue of $359K, expenses of $366K, and assets of $296K (revenue -24.4% year-over-year).
- 2020: Revenue of $475K, expenses of $430K, and assets of $303K (revenue -8.1% year-over-year).
- 2019: Revenue of $517K, expenses of $461K, and assets of $258K (revenue -0.3% year-over-year).
- 2018: Revenue of $519K, expenses of $522K, and assets of $203K (revenue +3.1% year-over-year).
- 2017: Revenue of $503K, expenses of $450K, and assets of $206K (revenue +29.8% year-over-year).
- 2016: Revenue of $387K, expenses of $338K, and assets of $153K (revenue +9.6% year-over-year).
- 2015: Revenue of $353K, expenses of $326K, and assets of $121K (revenue +13.5% year-over-year).
- 2014: Revenue of $311K, expenses of $279K, and assets of $99K (revenue +17.5% year-over-year).
- 2013: Revenue of $265K, expenses of $244K, and assets of $65K (revenue +88.7% year-over-year).
- 2012: Revenue of $140K, expenses of $155K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mission Lexington Inc:
Data Sources and Methodology
This transparency report for Mission Lexington 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.