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.
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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:
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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.
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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.
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
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Organization Details
Founding Year
1994
Principal Officer
Corey Buggs
Website
www.projectpotential.netNTEE Category
Code: B90 - Education
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