Civic Intelligence

Lex America Inc.

990 • Fiscal year 2016 • EIN 04-2897887

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 17, 2017

90 Sherman StreetCambridge, MA 02140

(617) 354-1140

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$63,775

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 27.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

37th percentile

-4.1%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

6.9%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$61,253

Down $2,612 (-4.1%) from 2015

Net Assets

Down

$61,253

Down $2,612 (-4.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$236,394

Up $15,162 (+6.9%) from 2015

Expenses

Up

$239,006

Up $20,775 (+9.5%) from 2015

Net Income

Down

-$2,612

Down $5,613 (-187%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2010: $74,571Liabilities 2010: $0Net Assets 2010: $74,5712010Assets 2011: $57,988Liabilities 2011: $0Net Assets 2011: $57,9882011Assets 2012: $64,980Liabilities 2012: $0Net Assets 2012: $64,9802012Assets 2013: $66,069Liabilities 2013: $0Net Assets 2013: $66,0692013Assets 2014: $60,864Liabilities 2014: $0Net Assets 2014: $60,8642014Assets 2015: $63,865Liabilities 2015: $0Net Assets 2015: $63,8652015Assets 2016: $61,253Liabilities 2016: $0Net Assets 2016: $61,2532016Assets 2017: $53,006Liabilities 2017: $0Net Assets 2017: $53,0062017Assets 2018: $52,826Liabilities 2018: $0Net Assets 2018: $52,8262018Assets 2019: $48,922Liabilities 2019: $0Net Assets 2019: $48,9222019Assets 2020: $60,570Liabilities 2020: $0Net Assets 2020: $60,5702020Assets 2021: $93,596Liabilities 2021: $0Net Assets 2021: $93,5962021Assets 2022: $116,605Liabilities 2022: $0Net Assets 2022: $116,6052022Assets 2023: $152,200Liabilities 2023: $0Net Assets 2023: $152,2002023Assets 2024: $132,886Liabilities 2024: $0Net Assets 2024: $132,8862024

Highlighted filing

2016

Assets$61,253
Liabilities$0
Net Assets$61,253

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $195,7752010Expenses 2011: $194,2482011Expenses 2012: $172,1942012Revenue 2013: $192,513Expenses 2013: $191,424Net Income 2013: $1,0892013Revenue 2014: $185,316Expenses 2014: $190,521Net Income 2014: -$5,2052014Revenue 2015: $221,232Expenses 2015: $218,231Net Income 2015: $3,0012015Revenue 2016: $236,394Expenses 2016: $239,006Net Income 2016: -$2,6122016Revenue 2017: $196,025Expenses 2017: $204,272Net Income 2017: -$8,2472017Revenue 2018: $217,072Expenses 2018: $217,252Net Income 2018: -$1802018Revenue 2019: $204,203Expenses 2019: $208,107Net Income 2019: -$3,9042019Revenue 2020: $205,934Expenses 2020: $194,286Net Income 2020: $11,6482020Revenue 2021: $195,990Expenses 2021: $162,964Net Income 2021: $33,0262021Revenue 2022: $179,947Expenses 2022: $156,938Net Income 2022: $23,0092022Revenue 2023: $194,862Expenses 2023: $159,267Net Income 2023: $35,5952023Revenue 2024: $182,807Expenses 2024: $202,121Net Income 2024: -$19,3142024

Highlighted filing

2016

Revenue$236,394
Expenses$239,006
Net Income-$2,612
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 17, 2017
Return Version
2015v3.0
Gross Receipts
$236,394
Mission and Program Overview

Mission

To promote multilingualism, by operating lex language project, and a transnational exchange program.

The promotion of multiligualism, by operating lex language project, and a transnational exchange program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$39,755$40,234▲ $479
Inventories for Sale or Use$20,187$17,224▼ $2,963
Prepaid Expenses and Deferred Charges$3,604$3,604→ $0
Land, Buildings, and Equipment, Net$319$191▼ $128
Total Assets$63,865$61,253▼ $2,612
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$63,053$54,282▼ $8,771
Temporarily Rstr Net Assets$812$6,971▲ $6,159
Total Net Assets Fund Balance$63,865$61,253▼ $2,612
Total Liabilities and Net Assets / Fund Balance$63,865$61,253▼ $2,612

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$191$32,659$32,850
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth WhiteAssistant ClerkFT$63,775$63,775

Board Members and Trustees

NameTitle
Yo Sakakibara Deceased May 2016President and Director
Dr Yasuyuki OwadaVice President, Clerk and
David P JanesDirector
Dr Ching-fen HsiaoDirector
Dr Elizabeth MccoyDirector
Dr Suzanne FlynnDirector
Kenshi SuzukiTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$11,314
Program Service Revenue
$186,925
Investment Income
$4
Other Revenue
$38,151
All Other Contributions
$11,314
Change in Net Assets
$-2,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$128,121
Salaries, Compensation, and Employee Benefits$105,261
Grants and Similar Amounts Paid$5,624
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,200$24,082-$96,282
Occupancy$22,516$7,505-$30,021
Travel$21,683$7,228-$28,911
All Other Expenses$12,792$1,738-$14,530
Payroll Taxes$5,842$1,947-$7,789
Grants to Domestic Individuals$5,624--$5,624
Insurance$1,400$4,199-$5,599
Other Expenses$5,087$1,647-$5,087
Fees for Services Accounting-$4,500-$4,500
Office Expenses-$1,774-$1,774
Other Employee Benefits$893$297-$1,190
Depreciation Depletion$128--$128
Total Functional Expenses$166,193$72,813$0$239,006
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Reviewed by audit and compensation committee

Form 990, Part VI, Line 11B

A draft of the reviewed financial statements is shown to the audit and compensation committee (a 3 member subset of the board) before finalized. All members of the board get a copy of the finalized financials in their board book which they receive before the annual meeting. The form 990 is not shown to anyone before filing but a copy is given to all members of the audit and compensation committee after its filing.

Form 990, Part VI, Section B, Line 12C

Every year at the board meeting, the directors are asked to review the conflict of interest policy and sign a document affirming they will comply with it.

Form 990, Part VI, Section C, Line 18

FURNISHED UPON REQUEST

Form 990, Part VI, Section C, Line 19

FURNISHED UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Lex America Inc
EIN
04-2897887
Phone
6173541140
Address
90 SHERMAN STREET, CAMBRIDGE, MA 02140
Doing Business As
Lex Language Proj and Lrf

Signing Officer

Name
Elizabeth White
Title
Asst Clerk
Phone
6173541140
Signed
2017-01-17

Organization Details

Principal Officer
Elizabeth White
Formed
1985
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
10

Preparer

Firm
Lmhs Pc
Address
80 WASHINGTON ST BUILDING S, NORWELL, MA 02061
Preparer
Bruce W Henriksen
Phone
7818789111
Raw XML AppendixShowing 400 of 450 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055472
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt042904
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt032704
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt032043
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0221817
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0177696
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0165756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0142409
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0159805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0147138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0792804
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01014621
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0236390
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0221228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0185313
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0192509
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0179181
IRS990ScheduleA/Total509Grp/TotalAmt01014621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0236394
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0221232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0185316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0192513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0179187
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01014642
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0191
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032659
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032850
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0191
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05624
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0PAROS SCHOLARSHIP FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY AUDIT AND COMPENSATION COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE REVIEWED FINANCIAL STATEMENTS IS SHOWN TO THE AUDIT AND COMPENSATION COMMITTEE (A 3 MEMBER SUBSET OF THE BOARD) BEFORE FINALIZED. ALL MEMBERS OF THE BOARD GET A COPY OF THE FINALIZED FINANCIALS IN THEIR BOARD BOOK WHICH THEY RECEIVE BEFORE THE ANNUAL MEETING. THE FORM 990 IS NOT SHOWN TO ANYONE BEFORE FILING BUT A COPY IS GIVEN TO ALL MEMBERS OF THE AUDIT AND COMPENSATION COMMITTEE AFTER ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EVERY YEAR AT THE BOARD MEETING, THE DIRECTORS ARE ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A DOCUMENT AFFIRMING THEY WILL COMPLY WITH IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FURNISHED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FURNISHED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd01
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LEX INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt0AOYAMA HA BUILDING 3F SHIBUYA 2-
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0SHIBUYA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0JA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0JA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EXCHANGE PROGRAM SERVICES
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0812
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt06971
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt063865
IRS990/TotalAssetsEOYAmt061253
IRS990/TotalAssetsGrp/BOYAmt063865
IRS990/TotalAssetsGrp/EOYAmt061253
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011314
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072813
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166193
IRS990/TotalFunctionalExpensesGrp/TotalAmt0239006
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt063865
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt061253
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0166193
IRS990/TotalProgramServiceRevenueAmt0186925
IRS990/TotalReportableCompFromOrgAmt063775
IRS990/TotalRevenueGrp/ExclusionAmt01204
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0223876

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$1.83$2.02$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$1.95$1.59$0.36
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$1.80$1.57$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.94$1.96$1.63$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$2.06$1.94$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$2.04$2.08$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$2.17$2.17$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$1.96$2.04$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$2.36$2.39$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$2.21$2.18$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$1.85$1.91$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$1.93$1.91$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$1.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$1.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.00$0.75$1.96