Ellis County Lyn EIN 87-0972465 Form 990 (PDF) Claim this org

Ellis County Lyn

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Ellis County Lyn is a nonprofit based in Waxahachie, TX, formed in 2021. For fiscal year 2025 it reported $263K in revenue, $184K in expenses, and $141K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Nonprofit
Location
Waxahachie, TX
Website
loveyourneighbor-elliscounty.org
Filings
4 on file (2022–2025)
Revenue
$263KFY2025
Expenses
$184K
Net assets
$141K
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-0972465 Public charity (501(c)(3)) Waxahachie, TX Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
a nonprofit
Leadership
Richard Cody · Director
Money in and out
$263K revenue, $184K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$263K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $79K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
7.1mo
months of highly liquid reserves at operating expense rate▲ +129% vs prior filing year
Surplus margin
+30%
revenue over expenses, this year▲ ×12 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$263K
FY2025▲ +63%
Total revenue
$263K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$79K
Total assetsPt X · Ln 16$142K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $183K of program spending, described in the organization's own filed words · FY2025.
01

Ellis county lyn operates a community thrift store to serve the needy of ellis county.

$137Kprogram expense
02

Ellis county lyn seeks to identify under-appreciated members of the community and recognize their contributions to the community by providing meals, awards and other public recognition. Persons (occupations) recognized include bus drivers, teachers, veterans, first responders and supporters of the under-priveleged.

$31Kprogram expense
03

Lyn operates a food truck that provides free meals to the public and needy individuals.

$15Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEllis County Lyn
EINHdr · item D87-0972465
Principal addressHdr · item CWaxahachie, TX
Year of formationHdr · item L2021
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
Cheryl Hatheway$27,500$24,600

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
Other revenue$192K · 73%
Contributions & grants$71K · 27%
Other revenue73%$192K
Contributions & grants27%$71K
— government grantsLn 1e$39K
Total revenueLn 12$263K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$183K
Management & general$150
Total functional expensesLn 25$184K

Balance Sheet

Part X · end of year
CashLn 1$109K
Total assetsLn 16$142K
Total liabilitiesLn 26$2K
Total net assetsLn 32$141K
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $109K · Operating expenses/yr $184K
7.1 months
Where the money goes
Program services
Program services $183K · Total expenses $184K
100%
Management & General
Management & general $150 · Total expenses $184K
0.08%
Fundraising
Fundraising $0 · Total expenses $184K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $32K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $71K · Total revenue $263K
27%
Government reliance
Government grants $39K · Total revenue $263K
15%
Earned-income share
Program service revenue $0 · Total revenue $263K
0%
Investment reliance
Investment income $0 · Total revenue $263K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $184K
0%
Growth & trend
Revenue growth (YoY)
This year $263K · Prior year $161K
+63%
Net-asset trend (YoY)
End of year $141K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $263K · Expenses $184K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $142K
Net-asset ratio
Net assets $141K · Total assets $142K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $142K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Richard Cody · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $184K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $65K · Total expenses $184K
35%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.08%
Revenue growth 63%

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.

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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)$263K revenue · viewing · ⤓ 990 PDF
FY2024$161K revenue · ⤓ 990 PDF
FY2023$163K revenue · ⤓ 990 PDF
FY2022$101K 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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