The Lexington Educational Association

Project Potential

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

EIN: 561532574 ✦ Lexington, NC ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Lexington Educational Association?

The Lexington Educational Association, operating under the name Project Potential, is a nonprofit organization situated in Lexington, North Carolina. Their primary mission is to support students who have completed their education at Lexington City Schools by providing them with scholarships. Additionally, they offer guidance and mentoring in the college admissions process to ensure these students have the best possible start in their higher education journey. The Association operates with a commitment to empowering local students, fostering their academic growth and future success.


Official website here: www.projectpotential.net

Is The Lexington Educational Association legitimate?

The Lexington Educational Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lexington Educational Association 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,772

For more financial information, click here


Official website here: www.projectpotential.net

What is the mission statement of The Lexington Educational Association?

The Lexington Educational Association's mission is centered around providing assistance to students from Lexington City Schools. Specifically, the organization offers scholarships and guidance in the college admission process, as well as mentoring services. By doing so, it aims to support these students in their educational journeys and help them navigate the complexities of college applications. The association's activities primarily focus on financially aiding students who have completed their education within the Lexington City Schools.


Official website here: www.projectpotential.net

What is the revenue of The Lexington Educational Association?

The Lexington Educational Association's revenue in 2023 was $73,581.


Official website here: www.projectpotential.net

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

There 12 volunteers at The Lexington Educational Association.

Here are 17 key members and their salaries:


Corey Buggs (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Dodd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Terry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tina Alexander (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Bunce (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minnie Dukes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Ferguson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Josephine Jones (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Kepley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Parrott (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beryl Phillips (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Simeon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Team (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Anitra Wells (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Timberlake (Emeritus Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Reynolds (Emeritus Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Hayes (Executive Director)
  • Compensation: $45,000
  • Related: $0
  • Other: $0


Official website here: www.projectpotential.net

Where can I find the form 990 for The Lexington Educational Association?

The Lexington Educational Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.projectpotential.net

Learn more at the official website: www.projectpotential.net

Mission Statement of The Lexington Educational Association

The Lexington Educational Association, as a non-profit organization, is dedicated to aiding students within the Lexington City Schools. Its primary mission is to provide scholastic assistance and guidance in the realm of college admissions, as well as offering mentoring opportunities. Through this mission, the association offers scholarships to deserving students who have completed their education within the Lexington City Schools. By doing so, it aims to support the academic pursuits of these students, helping them navigate the complex process of applying to colleges and universities. The Lexington Educational Association's mission is thus geared towards empowering young individuals, enabling them to embark on their higher education journeys with confidence and the necessary resources.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Lexington Educational Association significantly impacts the community by providing essential scholarships and college admissions guidance to students in Lexington City Schools. By enabling students to pursue higher education, the organization helps to alleviate financial burdens and increase access to opportunities that might otherwise be out of reach.

Through its mentoring programs, the association offers personalized support, equipping students with the knowledge and skills necessary to navigate the college application process successfully. This guidance not only enhances students' prospects for admission but also empowers them to envision and work toward their educational and career goals. Overall, the Lexington Educational Association plays a pivotal role in fostering academic success and encouraging higher education aspirations among local students.




This information is meant to be a general summary of The Lexington Educational Association. 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
$73,581 (2023)
Expenses
$145,228 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $74,634

Assets and Liabilities:

  • Total Assets: $493,959
  • Total Liabilities: $0
  • Net Assets: $493,959

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1994

Principal Officer

Corey Buggs

NTEE Category

Code: B90 - Education

If you are a representative of The Lexington Educational Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.