THE LEXINGTON EDUCATIONAL ASSOCIATION Charity Report

Public IRS 990 nonprofit record

THE LEXINGTON EDUCATIONAL ASSOCIATION

EIN 56-1532574 · Parent & Teacher Groups (B94)

What they do

PROVIDE SCHOLARSHIPS, COLLEGE ADMISSIONS GUIDANCE, and MENTORING to STUDENTS IN THE LEXINGTON CITY SCHOOLS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.0%of expenses went to mission work52.90% of revenue

9.5%of expenses went to fundraising6.70% of revenue

$70.54spent for every $100 of revenueRevenue covered expenses this year.

15.5%of expenses went to management and office costs10.90% of revenue

$5.33in assets for every $1 spent this yearSome assets cannot be spent right away.

67.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $27,500 for ANNA HAYES (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services75.0% of expenses52.90% of revenue

ManagementOffice and general costs15.5% of expenses10.90% of revenue

FundraisingAsking for donations9.5% of expenses6.70% of revenue

Total expenses70.50% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202475.0% mission

202372.5% mission

202275.4% mission

202191.2% mission

202075.1% mission

201982.6% mission

201883.5% mission

201782.4% mission

Money in and money out

Revenue$148,679

Expenses$104,882

Annual surplus $43,797 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$78,638 · 75.0% of expenses

Management and office costs$16,244 · 15.5% of expenses

Fundraising$10,000 · 9.5% of expenses

See all reported dollar amounts

Revenue$148,679

Expenses$104,882

Assets$559,522

Income$148,679

Contributions$100,319

Mission work (program services)$78,638

Fundraising$10,000

Management and general$16,244

Accounting fees$2,881

Investing fees$2,728

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANNA HAYESEXECUTIVE DIRECTOR · 20 hrs/week $27,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

ANNA HAYESEXECUTIVE DIRECTOR

BETH BUNCEMEMBER

BETSY KEPLEYMEMBER

COURTNEY WOODBERRYASSISTANT TREASURER

JERMAINE PORTERMEMBER

JIM SIMEONMEMBER

JOSEPHINE JONESMEMBER

MINNIE DUKESMEMBER

NAKIA HARDYMEMBER

SALLY DODDTREASURER

SANDY REYNOLDSEMERITUS MEMBER

STEPHANIE SANCHEZMEMBER

TIM TIMBERLAKEEMERITUS MEMBER

TINA ALEXANDERMEMBER

About this charity

Recognized since: January 1987
Location: PO BOX 1823, LEXINGTON, NC 272931823
County: Davidson
In care of: SALLY DODD
Primary officer: SALLY DODD, TREASURER

How to reach them

Emailprojectpotentiallex@gmail.com Phone(336) 249-6557

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GOINS CPA PLLC
NTEE classification: Parent & Teacher Groups (B94)
IRS tax category: Parent & Teacher Groups