Lexington Community Foundation EIN 47-0794760

Lexington Community Foundation

EIN  47-0794760 Public foundation / grantmaker Lexington, NE Founded 1982
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Improves lives and communities through charitable and educational support.
Leadership
Beth Roberts · Executive Director · $76K
Money in and out
$429K revenue, $290K expenses
Bottom line
61% program efficiency

Improves lives and communities through charitable and educational support. For fiscal year 2025 it reported $429K in revenue, $290K in expenses, and $6.0M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$429K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$6.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $140K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.17 Fundraising $0.22
Program efficiency
61%
of spending reaches programs▼ -33% vs prior filing year
Operating runway
503.6mo
months of highly liquid reserves at operating expense rate▲ +544% vs prior filing year
Surplus margin
+33%
revenue over expenses, this year▲ +111% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$429K
FY2025▲ +33%
Expenses
$290K
FY2025▼ -78%
Total assets
$14.6M
FY2025▲ +43%
Total liabilities
$8.6M
FY2025▲ +52%
Total revenue
$429K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$6.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$140K
Total assetsPt X · Ln 16$14.6M
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 325
Independent voting membersPt I · Ln 425
Mission & Programs · Part III

Where the work happens

3 program services account for $177K of program spending, described in the organization's own filed words · FY2025.
01

Scholarships awarded to local students. The tuition payments were made directly to nebraska and out-of-state schools.

$97Kprogram expense
02

Grants to local community and charitable organizations to improve living, working, education and economic conditions.

$56Kprogram expense
03

Grants for facility improvements to enhance community educational and recreational opportunities.

$24Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLexington Community Foundation
EINHdr · item D47-0794760
Principal addressHdr · item CLexington, NE
WebsiteHdr · item Jwww.lexfoundation.org
Year of formationHdr · item L1982
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFAug 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a25
Independent voting membersPt VI · Ln 1b25
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$76,354Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Beth Roberts’s $76K as Executive Director is at the 71st percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jacqueline Berke$99,624$97,083$101,414
Beth Roberts$76,354$72,850$44,574

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$311K · 72%
Program service revenue$59K · 14%
Other revenue$54K · 13%
Investment income$6K · 1%
Contributions & grants72%$311K
Program service revenue14%$59K
Other revenue13%$54K
Investment income1%$6K
Total revenueLn 12$429K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.17 Fundraising $0.22
Program services61%$177K
Management & general17%$50K
Fundraising22%$63K
Total functional expensesLn 25$290K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$14.6M
Total liabilitiesLn 26$8.6M
Total net assetsLn 32$6.0M
Months of cash on handcomputed54.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.2M · Operating expenses/yr $290K
503.6 months
Where the money goes
Program services
Program services $177K · Total expenses $290K
61%
Management & General
Management & general $50K · Total expenses $290K
17%
Fundraising
Fundraising $63K · Total expenses $290K
22%
Cost to raise $1
Fundraising expense (3-yr avg) $70K · Solicited contributions (3-yr avg) $210K
$0.33 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $311K · Total revenue $429K
72%
Government reliance
Government grants — · Total revenue $429K
Earned-income share
Program service revenue $59K · Total revenue $429K
14%
Investment reliance
Investment income $6K · Total revenue $429K
+1%
Program self-sufficiency
Program service revenue $59K · Total expenses $290K
20%
Growth & trend
Revenue growth (YoY)
This year $429K · Prior year $322K
+33%
Revenue CAGR
FY2020 $1.0M · FY2025 $429K
-16%
Net-asset trend (YoY)
End of year $6.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $429K · Expenses $290K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $14.6M
Net-asset ratio
Net assets $6.0M · Total assets $14.6M
41%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $10.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $14.6M
74%
People & payroll
Highest Reported Total Compensation
Individual Beth Roberts · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $76K · Total expenses $290K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $112K · Total expenses $290K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 17%
Fundraising cost ratio 20%
Revenue growth 33%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$116K
See all 3 funders →
Grants paid · 24 grants · $1.8M · 2020–2025
Unitemized GrantFY2025$68,750
Lexington Public SchoolsFY2025$20,314
Crossroads CenterNE · FY2025$10,000
Orthman Community YMCAFY2024$1,000,000
Unitemized GrantFY2024$70,300
Lexington Public SchoolsFY2024$11,883
Heartland Military MusemFY2024$7,927
City of LexingtonFY2023$50,000
Unitemized GrantFY2023$49,091
Lexington Public SchoolsFY2023$17,081
Unitemized GrantFY2022$72,756
City of LexingtonFY2022$25,000
Lexington Public SchoolsFY2022$17,776
Lexington Veteran PavilionFY2021$96,130
Unitemized GrantFY2021$62,600
Johnson Lake Playground FundFY2021$8,435
See all 24 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$429K revenue · viewing · ⤓ 990 PDF
FY2024$322K revenue · ⤓ 990 PDF
FY2023$363K revenue · ⤓ 990 PDF
FY2022$303K revenue · ⤓ 990 PDF
FY2021$940K revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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