Form 990 for tax year 2023
Filed by LEXINGTON LEADERSHIP FOUNDATION INC.
Totals
- Total revenue
- $1,676,041
- Total expenses
- $1,453,407
- Contributions and grants received
- $1,691,269
- Grants paid
- $0
- Program service revenue
- $7,500
- Investment income
- $17,733
- Other revenue
- -$40,461
- Total assets, end of year
- $1,028,612
- Total liabilities, end of year
- $31,780
- Net assets or fund balances, end of year
- $996,832
- Program services expenses (Part IX)
- $1,140,443
- Management and general expenses
- $203,313
- Fundraising expenses
- $109,651
- Program service expenses (Part III)
- $1,140,443
Program services were 78.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$159,528
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$539,645
-
1f · All other contributions, gifts and grants
$992,096
-
1g · Noncash contributions included above
$23,448
-
2a · Program service revenue: Fiscal and accounting service
total $7,500 · related or exempt $7,500 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $7,733 · related or exempt $7,733 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $10,000
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $10,000
-
7d · Net gain or loss
total $10,000 · related or exempt $10,000 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$159,528
-
8b · Fundraising events: direct expenses
$53,180
-
8c · Net income from fundraising events
total -$53,180 · unrelated business $0 · excluded -$53,180
-
11a · Other revenue: Woodhill Int'l Market share purchases
total $11,855 · related or exempt $11,855 · unrelated business $0 · excluded $0
-
11b · Other revenue: Parking lot space rental
total $864 · related or exempt $864 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$12,719
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $93,179 · program services $0 · management and general $79,202 · fundraising $13,977
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $781,869 · program services $632,605 · management and general $76,880 · fundraising $72,384
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $61,094 · program services $44,397 · management and general $13,266 · fundraising $3,431
-
10 · Payroll taxes
total $55,098 · program services $36,637 · management and general $11,854 · fundraising $6,607
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $1,500 · program services $0 · management and general $1,500 · fundraising $0
-
11c · Fees: accounting
total $7,000 · program services $0 · management and general $7,000 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $23,077 · program services $2,000 · management and general $13,577 · fundraising $7,500
-
12 · Advertising and promotion
total $141 · program services $141 · management and general $0 · fundraising $0
-
13 · Office expenses
total $38,595 · program services $20,063 · management and general $17,231 · fundraising $1,301
-
14 · Information technology
total $12,914 · program services $6,007 · management and general $3,556 · fundraising $3,351
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $131,589 · program services $131,589 · management and general $0 · fundraising $0
-
17 · Travel
total $34,732 · program services $31,983 · management and general $2,749 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $550 · program services $0 · management and general $550 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $19,190 · program services $0 · management and general $19,190 · fundraising $0
-
23 · Insurance
total $21,418 · program services $1,986 · management and general $19,432 · fundraising $0
-
24a · Other expenses: Materials and supplies
total $62,518 · program services $62,518 · management and general $0 · fundraising $0
-
24b · Other expenses: Indirect cost reimbursement
total $0 · program services $81,200 · management and general -$81,200 · fundraising $0
-
24c · Other expenses: Projects and Initiatives
total $81,279 · program services $80,179 · management and general $0 · fundraising $1,100
-
24d · Other expenses: All other expenses
total $27,664 · program services $9,138 · management and general $18,526 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $284,891 · end of year $209,126
-
2 · Savings and temporary cash investments
beginning of year $384,708 · end of year $361,336
-
3 · Pledges and grants receivable
beginning of year $88,719 · end of year $158,367
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $17,512 · end of year $17,699
-
10a · Land, buildings and equipment: cost or other basis
$354,045
-
10b · Land, buildings and equipment: accumulated depreciation
$71,961
-
10c · Land, buildings and equipment, net
beginning of year $26,329 · end of year $282,084
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $27,961 · end of year $31,780
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $389,490 · end of year $635,496
-
28 · Net assets with donor restrictions
beginning of year $384,708 · end of year $361,336
Mission and programs · 2023
Mission
The Foundation is dedicated to seek the total well being of the city of Lexington, including the personal redemption of individuals through a personal relationship with Jesus Christ and the continual improvement of the community in all aspects. It is committed to the following mission - Through Christ and the power of the Holy Spirit we connect leaders, unify the body and mobilize people to transform Lexington into a city for God.
Activities or mission (Part I)
The Foundation is dedicated to this mission: "Through Christ and the power of the Holy Spirit we connect leaders, unify the body and mobilize people to transform Lexington into a city for God."
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Urban Impact & Woodhill Community Center (WCC) - This initiative includes several programs to empower youth to stay in school, develop confidence and self-respect, and become leaders. Collectively, these engage multiple partner agencies and volunteers impacting over 560 children and youth during 2023. Included are in-school group mentoring, as well as after-school programming at WCC. After-school sessions consist of reading, character development, life skills training, art, and gym time. A special emphasis was placed on youth ages 12 and up identified as being at greatest risk of being the victim of or perpetrating gun violence. These youth were enrolled in our Leadership Academy, which provides extensive youth development programming through five pillars: identity, education, discovery, service, and exposure. Volunteers and staff also met with middle and high school groups for cooking club, drama club, futsal, and open gym times. Celebrations for high school graduates and college prep coaching continued for high school students in our network. For the fourth consecutive year, volunteers hosted the Woodhill International Market from May-October, offering affordable fresh local produce to the neighborhood. Including families served through a variety of activities at Woodhill Community Center, over 2300 youth and families were served during the year. Funding comes from a variety of sources, including businesses, foundations, local government and individuals.
Expenses $553,346 · Revenue $12,709
-
Amachi Kentucky - Since 2004, the Amachi program has been providing one-to-one mentoring for children aged 6-16 affected by incarceration, poverty, and opioids. Children are matched with caring adult volunteers (mentors) who have committed to spend at least one hour per week with them. Mentors and mentees participate in a variety of positive, goal driven activities. Mentors are recruited from a broad spectrum across the community including faith groups, businesses, and the public at large. Volunteers undergo a thorough background check, including in-home visits and reference checks, and receive specialized training using Positive Youth Development methodology. Students are referred from local schools and social service agencies. During 2023, 161 matches were served and over 8,300 hours of mentoring was provided by 161 volunteers. Funding for Amachi comes from a variety of sources, including sub-awarded federal funds, private foundations, corporate and individual support. Included in 2023 revenue are three sub-awards to the Amachi program, each being projects of the Department of Justice, Office of Juvenile Justice and Delinquency Prevention. Those awards included Knoxville Leadership Foundation's Opioid Affected Youth Initiative ($29,101), Leadership Foundation's Mentoring Youth for Leadership ($44,856), and Youth Collaboratory's Mentoring Plus project ($55,717).
Expenses $258,101
-
Fatherhood Initiative (FI) - This initiative began in October, 2011 following award of a grant from the Department of Health and Human Services, Administration for Children and Families. Following conclusion of that grant in 2015, staff and board decided to continue the work, seeking funding from other sources. The goal of FI remains: to provide fathers with the tools they need to be restored and equipped to become an engaged, responsible dad. Small group curricula centered around these components is offered, as well as individual tracks for progress in recognition of each individual's circumstances being unique. FI partners with over 50 community and faith-based organizations to execute its partnership-driven model. During 2023, 333 fathers were served, (representing over 650 children). Fathers are referred from local judicial and social service agencies, grass roots service providers including addiction recovery centers, and the community-at-large. Funding comes from corporate and individual sources, foundations, and local government. The annual Father's Day community celebration was held, once again gathering hundreds to celebrate fathers and families, and present educational resources to the community. Beginning in 2021 and continuing through 2023, LLF helped launch Commonwealth Center for Fathers and Families (CCFF) as an independent non-profit organization to further the work of father centric programming across the Commonwealth of Kentucky.
Expenses $210,019
-
Prayer Initiative - Includes operation of the Prayer Room, designed to foster intimacy with Jesus and mobilize intercessory worship throughout the Body of Christ in Lexington. Over 500 individuals from congregations and prayer ministries across the city utilized the Prayer Room during 2023. Staff also extended pastoral care through mentoring, life coaching, and prayer counseling.
Expenses $118,977
As filed on the 2023 return.
Listed in Part VII
-
John C Postel
CEO
- Total calculated
- $90,000
- From this org
- $90,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Steve Allen
Secretary-Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Bart Borkosky
board member
- Total calculated
- $0
- Hours/week
- 2
-
Biff Buckley
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Jack Ditto
board member
- Total calculated
- $0
- Hours/week
- 2
-
Kevin Edmonds
board member
- Total calculated
- $0
- Hours/week
- 2
-
Eric Geary
board member
- Total calculated
- $0
- Hours/week
- 2
-
Anthony Humphress
board member
- Total calculated
- $0
- Hours/week
- 2
-
Trudi Matthews
board member
- Total calculated
- $0
- Hours/week
- 2
-
Dawn Runyon
board member
- Total calculated
- $0
- Hours/week
- 2
-
Rob Stravitz
board member
- Total calculated
- $0
- Hours/week
- 2
-
Breck Withers
board member
- Total calculated
- $0
- Hours/week
- 2
-
John Withers
President
- Total calculated
- $0
- Hours/week
- 5
-
Ashley Behnke
board member
- Total calculated
- $0
- Hours/week
- 2
-
Brystin Denguessi Kwin
board member
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202422919349300922
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