Civic Intelligence

Lexington One School Facilities Corporation

990 • Fiscal year 2015 • EIN 20-3682952

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 11, 2016

Organization ProfileWWW.LEXINGTON1.NET
100 Tarrar Springs RoadLexington, SC 29072

(803) 821-1000

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

1.47x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

14th percentile

-7.9%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

24%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$73,036,272

Down $11,532,728 (-14%) from 2014

Net Assets

Down

$5,521

Down $3,933,479 (-100%) from 2014

Liabilities

Down

$73,030,751

Down $7,599,249 (-9.4%) from 2014

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin14th percentile

Revenue

Up

$49,704,420

Up $9,477,638 (+24%) from 2014

Expenses

Up

$53,637,899

Up $10,059,304 (+23%) from 2014

Net Income

Down

-$3,933,479

Down $581,666 (-17%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$100M$50M$0Assets 2011: $6,895,846Liabilities 2011: $0Net Assets 2011: $6,895,8462011Assets 2012: $91,090,847Liabilities 2012: $84,195,000Net Assets 2012: $6,895,8472012Assets 2013: $88,780,813Liabilities 2013: $81,490,000Net Assets 2013: $7,290,8132013Assets 2014: $84,569,000Liabilities 2014: $80,630,000Net Assets 2014: $3,939,0002014Assets 2015: $73,036,272Liabilities 2015: $73,030,751Net Assets 2015: $5,5212015Assets 2016: $73,035,485Liabilities 2016: $69,970,000Net Assets 2016: $3,065,4852016Assets 2017: $73,030,000Liabilities 2017: $66,440,000Net Assets 2017: $6,590,0002017Assets 2018: $73,030,000Liabilities 2018: $62,785,000Net Assets 2018: $10,245,0002018Assets 2019: $73,030,000Liabilities 2019: $58,985,000Net Assets 2019: $14,045,0002019Assets 2020: $73,030,000Liabilities 2020: $55,035,000Net Assets 2020: $17,995,0002020Assets 2021: $73,030,000Liabilities 2021: $50,930,000Net Assets 2021: $22,100,0002021Assets 2022: $73,030,000Liabilities 2022: $46,660,000Net Assets 2022: $26,370,0002022Assets 2023: $73,030,000Liabilities 2023: $42,220,000Net Assets 2023: $30,810,0002023Assets 2024: $73,030,000Liabilities 2024: $37,605,000Net Assets 2024: $35,425,0002024

Highlighted filing

2015

Assets$73,036,272
Liabilities$73,030,751
Net Assets$5,521
Open 2015 Filing

Operations Trend

Revenue Growth84th percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $11,214,4192011Expenses 2012: $6,923,6082012Expenses 2013: $6,924,6372013Revenue 2014: $40,226,782Expenses 2014: $43,578,595Net Income 2014: -$3,351,8132014Revenue 2015: $49,704,420Expenses 2015: $53,637,899Net Income 2015: -$3,933,4792015Revenue 2016: $5,720,154Expenses 2016: $2,660,190Net Income 2016: $3,059,9642016Revenue 2017: $6,084,766Expenses 2017: $2,560,252Net Income 2017: $3,524,5142017Revenue 2018: $6,082,353Expenses 2018: $2,427,353Net Income 2018: $3,655,0002018Revenue 2019: $6,082,971Expenses 2019: $2,282,971Net Income 2019: $3,800,0002019Revenue 2020: $6,076,319Expenses 2020: $2,126,319Net Income 2020: $3,950,0002020Revenue 2021: $6,071,147Expenses 2021: $1,966,147Net Income 2021: $4,105,0002021Revenue 2022: $6,069,169Expenses 2022: $1,799,169Net Income 2022: $4,270,0002022Revenue 2023: $6,065,078Expenses 2023: $1,625,078Net Income 2023: $4,440,0002023Revenue 2024: $6,059,624Expenses 2024: $1,444,624Net Income 2024: $4,615,0002024

Highlighted filing

2015

Revenue$49,704,420
Expenses$53,637,899
Net Income-$3,933,479
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 11, 2016
Return Version
2014v6.0
Gross Receipts
$49,704,420
Mission and Program Overview

Mission

To acquire, construct, finance, pledge, improve, maintain, operate, manage, lease, and dispose of school buildings and other public education facilities for the use and benefit of lexington county school district one.

To acquire, construct, finance pledge, improve, maintain, operate, manage, lease and dispose of shool buildings and other public education facilities for the use and benefit of lexington county school district one.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$80,630,000$73,030,000▼ $7,600,000
Investments Other Securities$3,939,000--
Savings and Temporary Cash Investments-$5,522-
Total Assets$84,569,000$73,036,272▼ $11,532,728
Other Assets Total-$750-
Liabilities
Tax Exempt Bond Liabilities$80,630,000$73,030,000▼ $7,600,000
Accounts Payable and Accrued Expenses-$751-
Total Liabilities$80,630,000$73,030,751▼ $7,599,249
Net Assets / Fund Balance
Unrestricted Net Assets$3,939,000$5,521▼ $3,933,479
Total Net Assets Fund Balance$3,939,000$5,521▼ $3,933,479
Total Liabilities and Net Assets / Fund Balance$84,569,000$73,036,272▼ $11,532,728

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$73,030,000-$73,030,000
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Albert J Dooley JrDirector
Stephen HusmanDirector
Byron SistareTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$419,345
Other Revenue
$49,285,075
Change in Net Assets
$-3,933,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,637,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,332,531--$2,332,531
Other Expenses$153,796--$153,796
Total Functional Expenses$53,637,899$0$0$53,637,899
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASeries 2015 Refunding2015-04-16$39,320,000Installment purchase revenue refunding of installment purchase revenue
BSeries 20132013-07-02$35,350,000Installment purchase revenue bonds refunding

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$47,930,903--$460,360
B$35,350,000--$283,704

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“The election of board members is established by the board of trustees of the lexington county school district one.”

Form 990, Page 6, Part VI, Line 11B

“Copy of the form 990 will be reviewed by the board members and approved”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Lexington One School Facilities
EIN
20-3682952
Phone
8038211000
Address
100 TARRAR SPRINGS ROAD, LEXINGTON, SC 29072

Signing Officer

Name
John Butler CPA
Title
CFO
Phone
8038211000
Signed
2016-02-11

Organization Details

Principal Officer
John Butler CPA
Formed
2005
Legal Domicile
Sc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Greene Finney & Horton Llp
Address
800 E WASHINGTON ST STE D, GREENVILLE, SC 29601-3054
Preparer
Francis H Horton Iii CPA
Phone
8642325204
Raw XML Appendix393 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0751
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ACQUIRE, CONSTRUCT, FINANCE PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE AND DISPOSE OF SHOOL BUILDINGS AND OTHER PUBLIC EDUCATION FACILITIES FOR THE USE AND BENEFIT OF LEXINGTON COUNTY SCHOOL DISTRICT ONE.
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0LEXINGTON SCHOOL DISTRICT ONE
IRS990/BooksInCareOfDetail/PhoneNum08038211100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 TARRAR SPRINGS
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029072
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0419345
IRS990/CYOtherExpensesAmt053637899
IRS990/CYOtherRevenueAmt049285075
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3933479
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt053637899
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt049704420
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO ENCOURAGE AND PROMOTE PUBLIC EDUCATION THROUGH COOPERATIVE ARRANGEMENTS WITH GOVERNMENTAL ENTITIES AND EXEMPT ORGANIZATIONS THAT PROVIDE EDUCATION IN LEXINGTON COUNTY, SOUTH CAROLINA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0true
IRS990/ExpenseAmt053637899
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHEN HUSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ALBERT J DOOLEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm2BYRON SISTARE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt049704420
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt02332531
IRS990/InterestGrp/TotalAmt02332531
IRS990/InvestmentIncomeGrp/ExclusionAmt0419345
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0419345
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03939000
IRS990/InvestTaxExemptBondsInd0true
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt080630000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073030000
IRS990/LandBldgEquipCostOrOtherBssAmt073030000
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ACQUIRE, CONSTRUCT, FINANCE PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE AND DISPOSE OF SHOOL BUILDINGS AND OTHER PUBLIC EDUCATION FACILITIES FOR THE USE AND BENEFIT OF LEXINGTON COUNTY SCHOOL DISTRICT ONE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03939000
IRS990/NetAssetsOrFundBalancesEOYAmt05521
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0750
IRS990/OtherExpensesGrp/Desc0REFUNDING ESCROW DEPOSIT
IRS990/OtherExpensesGrp/Desc1ASSET CONTRIBUTION
IRS990/OtherExpensesGrp/Desc2BOND ISSUANCE SOST
IRS990/OtherExpensesGrp/Desc3OTHER FISCAL CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt047470544
IRS990/OtherExpensesGrp/ProgramServicesAmt13375000
IRS990/OtherExpensesGrp/ProgramServicesAmt2306028
IRS990/OtherExpensesGrp/ProgramServicesAmt3153796
IRS990/OtherExpensesGrp/TotalAmt047470544
IRS990/OtherExpensesGrp/TotalAmt13375000
IRS990/OtherExpensesGrp/TotalAmt2306028
IRS990/OtherExpensesGrp/TotalAmt3153796
IRS990/OtherRevenueMiscGrp/Desc0ISSUANCE OF REFUNDING BONDS
IRS990/OtherRevenueMiscGrp/Desc1NET TRANSFER FROM DISTRICT
IRS990/OtherRevenueMiscGrp/Desc2PREMIUM ON BOND ISSUANCE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt039320000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt15620478
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24344597
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt039320000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15620478
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24344597
IRS990/OtherRevenueTotalAmt049285075
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN BUTLER CPA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0184007
IRS990/PYOtherExpensesAmt043578595
IRS990/PYOtherRevenueAmt040042775
IRS990/PYRevenuesLessExpensesAmt0-3351813
IRS990/PYTotalExpensesAmt043578595
IRS990/PYTotalRevenueAmt040226782
IRS990/ReconcilationRevenueExpnssAmt0-3933479
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05522
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0570670770
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt06167355
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LEXINGTON COUNTY SCHOOL DISTRICT ONE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt06167355
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt073030000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt073030000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt073030000
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-04-16
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12013-07-02
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0203682952
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1203682952
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0529526AF2
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt039320000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt135350000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SERIES 2015 REFUNDING
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1SERIES 2013
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0INSTALLMENT PURCHASE REVENUE REFUNDING OF INSTALLMENT PURCHASE REVENUE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1INSTALLMENT PURCHASE REVENUE BONDS REFUNDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0460360
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1283704
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt047470543
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt135066296
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt047930903
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt135350000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ELECTION OF BOARD MEMBERS IS ESTABLISHED BY THE BOARD OF TRUSTEES OF THE LEXINGTON COUNTY SCHOOL DISTRICT ONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF THE FORM 990 WILL BE REVIEWED BY THE BOARD MEMBERS AND APPROVED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LCSD 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LEXINGTON COUNTY SCHOOL DISTRICT 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570670770
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0100 TARRAR SPRINGS RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LEXINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029072
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt080630000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt073030000
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt084569000
IRS990/TotalAssetsEOYAmt073036272
IRS990/TotalAssetsGrp/BOYAmt084569000
IRS990/TotalAssetsGrp/EOYAmt073036272
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt053637899
IRS990/TotalFunctionalExpensesGrp/TotalAmt053637899
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt080630000
IRS990/TotalLiabilitiesEOYAmt073030751
IRS990/TotalLiabilitiesGrp/BOYAmt080630000
IRS990/TotalLiabilitiesGrp/EOYAmt073030751
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03939000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05521
IRS990/TotalProgramServiceExpensesAmt053637899
IRS990/TotalRevenueGrp/ExclusionAmt0419345
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049285075
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt049704420
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt084569000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt073036272
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03939000
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05521
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 TARRAR SPRINGS RD
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029072
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.LEXINGTON1.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN BUTLER CPA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08038211000
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEXINGTON ONE SCHOOL FACILITIES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LEXI
ReturnHeader/Filer/EIN0203682952
ReturnHeader/Filer/PhoneNum08038211000
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 TARRAR SPRINGS ROAD
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029072
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522212837
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREENE FINNEY & HORTON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 E WASHINGTON ST STE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0296013054
ReturnHeader/PreparerPersonGrp/PhoneNum08642325204
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCIS H HORTON III CPA
ReturnHeader/ReturnTs02016-02-15T19:17:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,036,272
Liabilities
$73,030,751
Net assets
$5,521
Revenue
$49,704,420
Expenses
$53,637,899
Net income
-$3,933,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.0$37.6$35.4$6.06$1.44$4.62
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.0$42.2$30.8$6.07$1.63$4.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$46.7$26.4$6.07$1.80$4.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$50.9$22.1$6.07$1.97$4.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$55.0$18.0$6.08$2.13$3.95
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$59.0$14.0$6.08$2.28$3.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$62.8$10.2$6.08$2.43$3.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$66.4$6.59$6.08$2.56$3.52
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.0$70.0$3.07$5.72$2.66$3.06
2015Detailed filing. Detailed filing data is available for this year.$73.0$73.0$0.01$49.7$53.6$3.93
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.6$80.6$3.94$40.2$43.6$3.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.8$81.5$7.29$6.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.1$84.2$6.90$6.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$0.00$6.90$11.2