Overview
What is Lexington Foundation Inc?
Lexington Foundation Inc, based in Johnstown, New York, is a nonprofit organization with a mission to empower individuals with autism and developmental disabilities. Established to ensure the long-term financial support for this cause, the foundation raises funds to sustain the commitment to these individuals and their families. The funds are utilized to support programs and services, purchase specialized equipment, and sponsor educational and recreational programs. Notably, the foundation played a role in renovating a building in Mayfield, New York, transforming it into an arts facility known as the Nigra Arts Center. This center houses the Paul Nigra Center for Creative Arts and Transitions programs, contributing to the overall well-being of individuals with disabilities in the community.
Official website here: www.thearclexingtonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Lexington Foundation Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. This score is primarily based on their high rating in Accountability & Finance, indicating that the organization operates with a high level of transparency and responsibility in managing its resources.
Key strengths of the Lexington Foundation include a fully independent board and comprehensive financial oversight, with no material diversions of assets reported. They maintain excellent financial ratios, with a program expense ratio of 93.39%, demonstrating a strong focus on their charitable mission, while also achieving remarkable fundraising efficiency.
While the overall data is very positive, potential donors may still want to consider additional factors beyond the financial metrics. However, the organization’s policies on conflicts of interest, whistleblower protections, and meticulous documentation practices further enhance their credibility and reassure stakeholders of their integrity and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lexington Foundation Inc legitimate?
Lexington Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,504
For more financial information, click here
Official website here: www.thearclexingtonfoundation.org
What is the mission statement of Lexington Foundation Inc?
The Lexington Foundation's mission is centered around supporting Lexington in its objective of empowering individuals with autism and developmental disabilities to lead fulfilling lives. This is achieved by collaborating with their families, employees, and the community. The foundation was established to ensure the long-term financial support for these individuals and their families, utilizing funds raised for supporting programs and services, purchasing specialized equipment, and sponsoring educational and recreational programs.
Official website here: www.thearclexingtonfoundation.org
Who is the CEO of Lexington Foundation Inc?
Jamie Petrin is the Chairperson of Lexington Foundation Inc.
Official website here: www.thearclexingtonfoundation.org
What is the revenue of Lexington Foundation Inc?
Lexington Foundation Inc's revenue in 2022 was $2,904,446.
Official website here: www.thearclexingtonfoundation.org
Who are the executives of Lexington Foundation Inc and what are their salaries?
There 100 volunteers at Lexington Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $37,772
- Other: $6,799
- Compensation: $0
- Related: $73,972
- Other: $10,911
- Compensation: $0
- Related: $151,511
- Other: $25,704
Official website here: www.thearclexingtonfoundation.org
Where can I find the form 990 for Lexington Foundation Inc?
Lexington Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thearclexingtonfoundation.org
Learn more at the official website: www.thearclexingtonfoundation.org
Mission Statement of Lexington Foundation Inc
The Lexington Foundation Inc is committed to supporting Lexington in its mission to empower individuals with autism and developmental disabilities to live fulfilling lives. Established with the purpose of ensuring the long-term financial sustainability of this commitment, the foundation raises funds to support programs and services, purchase specialized equipment, and sponsor educational and recreational programs. By partnering with families, employees, and the community, the Lexington Foundation Inc aims to enhance the quality of life for individuals with autism and developmental disabilities, enabling them to live their best lives every day.
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Impact
October, 2024
Lexington Foundation Inc significantly impacts the lives of individuals with autism and developmental disabilities by facilitating their empowerment and enhancing their quality of life. By partnering with families, employees, and the broader community, the organization provides essential support systems that enrich the daily experiences of these individuals.
A key initiative is the establishment of the Nigra Arts Center, which serves as a dedicated facility for creative arts and transitions programs. This center not only offers therapeutic and educational opportunities but also fosters a sense of community and belonging. Through various programs, individuals are encouraged to explore their talents, engage in meaningful activities, and develop social skills, which are vital for personal growth and independence.
Financially, the foundation plays a crucial role by ensuring sustainable long-term support for these initiatives. Funds raised are actively directed toward vital programs, specialized equipment, and both educational and recreational activities that directly benefit individuals and their families. This commitment helps create an inclusive environment where everyone can thrive and live their best lives every day. Overall, Lexington Foundation Inc serves as a cornerstone for advocacy, support, and enrichment for the autism and developmental disabilities community.
This information is meant to be a general summary of Lexington Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $463,598
- Program Service Revenue: $655,292
- Gross Receipts: $8,886,708
Assets and Liabilities:
- Total Assets: $15,043,379
- Total Liabilities: $2,002,446
- Net Assets: $13,040,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSITIONS
Revenue
$425,169
PAUL NIGRA CENTER FOR CREATIVE AR
Revenue
$230,123
Organization Details
Founding Year
1984
Phone
(518) 773-7931Principal Officer
Jamie Petrin
Main Address
465 N PERRY ST, JOHNSTOWN, NY, 12095
NTEE Category
Code: P82Z - Human services
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