Form 990 for tax year 2022
Filed by LEXINGTON STRIDES AHEAD FOUNDATION.
Totals
- Total revenue
- $629,220
- Total expenses
- $637,579
- Contributions and grants received
- $629,220
- Grants paid
- $607,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $12,433
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $12,433
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $637,579
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$629,220
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $607,500
-
24a · Other expenses: CAMPAIGN EXPENSES
total $18,804
-
24b · Other expenses: OTHER
total $11,275
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $20,792 · end of year $12,433
-
27 · Net assets without donor restrictions
beginning of year $20,792 · end of year $12,433
Mission and programs · 2022
Mission
TO PROMOTE ECONOMIC DEVELOPMENT THROUGH BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.
Activities or mission (Part I)
FUNDING OF ECONOMIC DEVELOPMENT INITIATIVE DESIGNED TO PROMOTE BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.
-
LEXINGTON STRIDES AHEAD CONTINUES TO IMPLEMENT PART TWO OF THE ONE TEAM ONE VISION CAMPAIGN WHICH PROMOTES LONG TERM PLANS FOR LEXINGTON'S ECONOMY THROUGH RESPONSIBLE EXPANSION.
Expenses $637,579 · Grants $607,500 · Revenue $629,220
As filed on the 2022 return.
Listed in Part VII
-
Bob HewettBOB HEWETT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Martha JonesMARTHA JONES
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
David FreibertDAVID FREIBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kim MenkeKIM MENKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ken SaganKEN SAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom HarrisTOM HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert QuickROBERT QUICK
DIRECTOR
- Total calculated
- $215,307
- From this org
- $0
- From related orgs
- $204,499
- Other
- $10,808
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $204,499 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $204,499 related
-
Tucker BallingerTUCKER BALLINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ray DanielsRAY DANIELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$513,450
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
-
BUSINESS & EDUCATION NETWORK INC
$94,050
PROMOTE AND FUND WORKFORCE DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · CREATING THE ENVIRONMENT AND OPPORTUNITY FOR ECONOMIC PROSPERITY AND QUALITY · KY
-
501(C)(3) · TO IMPROVE THE WORKFORCE OF THE GREATER LEXINGTON AREA · KY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302309349300515
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