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The Lexington Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541880642 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Lexington Institute?

The Lexington Institute is a nonprofit organization situated in Arlington, Virginia. With a team of five dedicated individuals, they are committed to conducting research on various public policy issues that significantly impact the rights, freedom, security, and overall quality of life for American citizens. Their mission is to contribute valuable insights and knowledge to these topics, aiming to foster informed decision-making and positive change in society.


Official website here: www.lexingtoninstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

The Lexington Institute has received a Three-Star rating from Charity Navigator, reflecting a solid Accountability & Finance score of 77%. This rating suggests a relatively high level of transparency and financial health, demonstrating effective management of resources and a strong focus on program expenses, which account for over 75% of their total expenditures.

Strengths of the organization include a well-structured board with a majority of independent members and a commendable liabilities to assets ratio of just 1.13%. Additionally, the Institute has effective fundraising efficiency, maintaining a cost of only $0.10 to raise a dollar. However, there are notable weaknesses, including missing financial statements and several key policies such as a conflict of interest policy and document retention strategy, which could raise concerns about governance practices.

Overall, while The Lexington Institute shows robust programmatic focus and financial metrics, improvement in governance policies and documentation practices could enhance their accountability and trustworthiness further. The organization appears to be on a stable path, but addressing these gaps would benefit its operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is The Lexington Institute legitimate?

The Lexington Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lexington Institute 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: $1,077,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,000

For more financial information, click here


Official website here: www.lexingtoninstitute.org

What is the mission statement of The Lexington Institute?

The Lexington Institute is an organization that focuses on conducting research related to public policy issues. Their mission is to safeguard the rights, freedom, security, and overall quality of life for American citizens. By providing comprehensive research, they aim to inform and influence policy decisions that positively impact the lives of people in the United States. The institute's work encompasses various aspects of public policy, ensuring that American citizens continue to enjoy their fundamental freedoms and live in a secure environment.


Official website here: www.lexingtoninstitute.org

Who is the CEO of The Lexington Institute?

Merrick Carey is the Ceo of The Lexington Institute. The CEO's salary of The Lexington Institute is $396,942 and their total compensation is $439,817.


Official website here: www.lexingtoninstitute.org

What is the revenue of The Lexington Institute?

The Lexington Institute's revenue in 2022 was $2,006,919.


Official website here: www.lexingtoninstitute.org

Who are the executives of The Lexington Institute and what are their salaries?

The average compensation at The Lexington Institute during 2022 was $248,077. There are 5 employees at The Lexington Institute.


Here are 6 key members and their salaries (The Lexington Institute's CEO's salary is $396,942 and their total compensation is $439,817):


Merrick Carey (Ceo)
  • Compensation: $396,942
  • Related: $0
  • Other: $42,875
Loren Thompson (Coo)
  • Compensation: $396,942
  • Related: $0
  • Other: $9,057
James Courter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Strickberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Redenbaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Goure (Vice President)
  • Compensation: $283,500
  • Related: $0
  • Other: $20,398


Official website here: www.lexingtoninstitute.org

Where can I find the form 990 for The Lexington Institute?

The Lexington Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lexingtoninstitute.org

Learn more at the official website: www.lexingtoninstitute.org

Mission Statement of The Lexington Institute

The Lexington Institute is an organization that dedicates its resources to conducting research on matters of public policy. This research aims to protect and uphold the rights, freedom, security, and quality of life of American citizens. By delving into various policy issues, The Lexington Institute seeks to contribute to the well-being and liberties of the nation's people.

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Impact




July, 2024

The Lexington Institute is a research organization that plays a significant role in shaping public policy affecting the rights, freedom, security, and quality of life of American citizens. Through its research and advocacy efforts, The Lexington Institute aims to influence decision-makers and educate the public on important issues. Its impact can be seen in the way policies are developed and implemented at various levels of government, impacting the lives of American citizens.




This information is meant to be a general summary of The Lexington Institute. 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.

Revenue
$2,006,919 (2022)
Expenses
$1,672,384 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $32,609
  • Gross Receipts: $2,006,919

Assets and Liabilities:

  • Total Assets: $3,545,280
  • Total Liabilities: $40,682
  • Net Assets: $3,504,598

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Organization Details

Founding Year

1998

Principal Officer

Merrick Carey

Main Address

1600 WILSON BLVD 203, ARLINGTON, VA, 22209

NTEE Category

Code: B99 - Education

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