Civic Intelligence

Lexington Prep School Inc

EIN 26-0504362 • 501(c)3 • Lexington, MA

Profile

The schools mission is to provide students with academic english languauge skills, studying, research and testing strategies and background knowledge of american culture that will help them suceed in eltie us schools and colleges.

C/O Son Hui Kim 259 Lowell StreetLexington, MA 02420-2701

www.lexingtonprep.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

33.20x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

1.24x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

61st percentile

$29,801

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

3rd percentile

-97%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-68%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$20,950

Down $691,661 (-97%) from 2016

Liabilities

Down

$695,487

Down $891,586 (-56%) from 2016

Net Assets

Up

-$674,537

Up $199,925 (+23%) from 2016

Operations
Liabilities / Revenue93rd percentileNet Margin84th percentile

Revenue

Down

$562,318

Down $1,187,600 (-68%) from 2016

Expenses

Down

$363,163

Down $920,272 (-72%) from 2016

Net Income

Down

$199,155

Down $267,328 (-57%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $291,005Liabilities 2011: $1,770,620Net Assets 2011: -$1,479,6152011Assets 2012: $339,032Liabilities 2012: $1,981,357Net Assets 2012: -$1,642,3252012Assets 2013: $406,790Liabilities 2013: $2,080,311Net Assets 2013: -$1,673,5212013Assets 2015: $471,209Liabilities 2015: $1,812,154Net Assets 2015: -$1,340,9452015Assets 2016: $712,611Liabilities 2016: $1,587,073Net Assets 2016: -$874,4622016Assets 2017: $20,950Liabilities 2017: $695,487Net Assets 2017: -$674,5372017

Highlighted filing

2017

Assets$20,950
Liabilities$695,487
Net Assets-$674,537
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,096,3492011Expenses 2012: $1,504,4102012Revenue 2013: $1,167,180Expenses 2013: $1,198,376Net Income 2013: -$31,1962013Revenue 2015: $1,445,690Expenses 2015: $1,295,711Net Income 2015: $149,9792015Revenue 2016: $1,749,918Expenses 2016: $1,283,435Net Income 2016: $466,4832016Revenue 2017: $562,318Expenses 2017: $363,163Net Income 2017: $199,1552017

Highlighted filing

2017

Revenue$562,318
Expenses$363,163
Net Income$199,155
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,950
Liabilities
$695,487
Net assets
-$674,537
Revenue
$562,318
Expenses
$363,163
Net income
$199,155
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.70$0.67$0.56$0.36$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.71$1.59$0.87$1.75$1.28$0.47
2015Detailed filing. Detailed filing data is available for this year.$0.47$1.81$1.34$1.45$1.30$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.41$2.08$1.67$1.17$1.20$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$1.98$1.64$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$1.77$1.48$1.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$620,356
Mission and Program Overview

Mission

The schools mission is to provide students with academic english languauge skills, studying, research and testing strategies and background knowledge of american culture that will help them suceed in eltie us schools and colleges.

The oranization operates a private secondary boarding school. The goal is to help the students to cooperate and work with citizens of many cultures and to make this a better world for tomorrow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,514--
Intangible Assets$34,259$14,323▼ $19,936
Cash and Non-Interest-Bearing Accounts$565,838$6,627▼ $559,211
Rtn Earn Endowment Incm Other Fnds$-874,462$-674,537▲ $199,925
Other Assets Total$50,000--
Total Assets$712,611$20,950▼ $691,661
Liabilities
Other Liabilities$1,587,073$695,487▼ $891,586
Total Liabilities$1,587,073$695,487▼ $891,586
Net Assets / Fund Balance
Total Net Assets Fund Balance$-874,462$-674,537▲ $199,925
Total Liabilities and Net Assets / Fund Balance$712,611$20,950▼ $691,661
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Son Hui KimPresidentFT$29,801$29,801
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$20,356
Investment Income
$541,962
Other Revenue
$0
Change in Net Assets
$199,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,355
Salaries, Compensation, and Employee Benefits$140,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$157,348$17,483-$174,831
Other Salaries and Wages$88,895$12,000-$100,895
Current Officers, Directors, Trustees, and Key Employees$14,000$15,801-$29,801
Depreciation Depletion$7,913$2,605-$10,518
Payroll Taxes$8,750$1,362-$10,112
Other Expenses$7,655$8,515-$8,515
Fees for Services Accounting-$1,400-$1,400
Insurance$1,006$111-$1,117
Advertising$1,000--$1,000
Office Expenses$285--$285
Total Functional Expenses$303,886$59,277$0$363,163
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

Other Reported Liabilities

LiabilityAmount
Student Accounts$675,039
Federal income taxes$20,448
Credit Cards-
Payroll Withholding-
Bank Loan-
Due to Officer-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The president reviews the form 990”

Form 990, Part VI, Section C, Line 19

“The school does not make available the governming documents, conflict of interest nor financial statesment”

Form 990, Part VI, Section A, Line 6, 7A, 7B

“The school is organized as a corporation. It has officers and a board of directors”

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

“This is a small school.. The director knows the people involved with the school and any conflicts of interest would be indentiifed.”

Filing and Contact Details

Filer

Filer Name
Lexington Prep School Inc
EIN
26-0504362
Phone
7818607550
Address
C/O SON HUI KIM 259 LOWELL STREET, LEXINGTON, MA 02420-2701

Signing Officer

Name
Son Hui Kim
Title
Director
Phone
7819325361
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Son Hui Kim
Formed
2007
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
0
Employees
14

Preparer

Firm
David P Merkel CPA
Address
21 CUMMINGS PARK SUITE 240, WOBURN, MA 01801
Preparer
David P Merkel
Phone
7819325361
Supplemental Narrative

Additional Explanations

Form 990, Part II, Line 3

“The school programs were sold during 2017.”

Form 990, Part XI, Line 9

“The chool carried forward 770 in deprciatin from 2016.”

Raw XML Appendix350 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/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORANIZATION OPERATES A PRIVATE SECONDARY BOARDING SCHOOL. THE GOAL IS TO HELP THE STUDENTS TO COOPERATE AND WORK WITH CITIZENS OF MANY CULTURES AND TO MAKE THIS A BETTER WORLD FOR TOMORROW.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt01000
IRS990/AdvertisingGrp/TotalAmt01000
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SON HUI KIM
IRS990/BooksInCareOfDetail/PhoneNum06173506878
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0259 LOWELL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002420
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0565838
IRS990/CashNonInterestBearingGrp/EOYAmt06627
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015801
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt014000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt029801
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0541962
IRS990/CYOtherExpensesAmt0222355
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt020356
IRS990/CYRevenuesLessExpensesAmt0199155
IRS990/CYSalariesCompEmpBnftPaidAmt0140808
IRS990/CYTotalExpensesAmt0363163
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0562318
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02605
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07913
IRS990/DepreciationDepletionGrp/TotalAmt010518
IRS990/Desc0FOR STUDENTS IN GRADE SEVEN THORUGH TWELVE, THE SCHOOL TEACHS TRADITIONAL HIGH SCHOOL SUBJECTS WITH A SPECIAL EMPHASIS ON ENGLISH. THE SCHOOL ALSO PROVIDES A VARIEITY OF ACTIVITIES FOR THE STUDENTS. THE SCHOOL HAS EDUCATED 100s OF FOREIGN STUDENTS AND PREAPRED THEM FOR SUCCESS IN COLLEGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0303886
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01400
IRS990/FeesForServicesAccountingGrp/TotalAmt01400
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0045.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0SON HUI KIM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt029801
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0541962
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0600000
IRS990/GrossReceiptsAmt0620356
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0111
IRS990/InsuranceGrp/ProgramServicesAmt01006
IRS990/InsuranceGrp/TotalAmt01117
IRS990/IntangibleAssetsGrp/BOYAmt034259
IRS990/IntangibleAssetsGrp/EOYAmt014323
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt062514
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt058038
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE SCHOOLS MISSION IS TO PROVIDE STUDENTS WITH ACADEMIC ENGLISH LANGUAUGE SKILLS, STUDYING, RESEARCH AND TESTING STRATEGIES AND BACKGROUND KNOWLEDGE OF AMERICAN CULTURE THAT WILL HELP THEM SUCEED IN ELTIE US SCHOOLS AND COLLEGES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-874462
IRS990/NetAssetsOrFundBalancesEOYAmt0-674537
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0541962
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt017483
IRS990/OccupancyGrp/ProgramServicesAmt0157348
IRS990/OccupancyGrp/TotalAmt0174831
IRS990/OfficeExpensesGrp/ProgramServicesAmt0285
IRS990/OfficeExpensesGrp/TotalAmt0285
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050000
IRS990/OtherChangesInNetAssetsAmt0770
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2FOOD SUPPLIES
IRS990/OtherExpensesGrp/Desc3FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08515
IRS990/OtherExpensesGrp/ProgramServicesAmt0158
IRS990/OtherExpensesGrp/ProgramServicesAmt116876
IRS990/OtherExpensesGrp/ProgramServicesAmt27655
IRS990/OtherExpensesGrp/TotalAmt0158
IRS990/OtherExpensesGrp/TotalAmt116876
IRS990/OtherExpensesGrp/TotalAmt27655
IRS990/OtherExpensesGrp/TotalAmt38515
IRS990/OtherLiabilitiesGrp/BOYAmt01587073
IRS990/OtherLiabilitiesGrp/EOYAmt0695487
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088895
IRS990/OtherSalariesAndWagesGrp/TotalAmt0100895
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01362
IRS990/PayrollTaxesGrp/ProgramServicesAmt08750
IRS990/PayrollTaxesGrp/TotalAmt010112
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SON HUI KIM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020356
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020356
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0920007
IRS990/PYProgramServiceRevenueAmt01749918
IRS990/PYRevenuesLessExpensesAmt0466483
IRS990/PYSalariesCompEmpBnftPaidAmt0363428
IRS990/PYTotalExpensesAmt01283435
IRS990/PYTotalRevenueAmt01749918
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0199155
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt020356
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-874462
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-674537
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020448
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1675039
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STUDENT ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4BANK LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5DUE TO OFFICER
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalLiabilityAmt0695487
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0675039
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01473666
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SON HUI KIM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0675039
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PROGRAMS WERE SOLD DURING 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT REVIEWS THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL DOES NOT MAKE AVAILABLE THE GOVERNMING DOCUMENTS, CONFLICT OF INTEREST NOR FINANCIAL STATESMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL IS ORGANIZED AS A CORPORATION. IT HAS OFFICERS AND A BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS IS A SMALL SCHOOL.. THE DIRECTOR KNOWS THE PEOPLE INVOLVED WITH THE SCHOOL AND ANY CONFLICTS OF INTEREST WOULD BE INDENTIIFED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CHOOL CARRIED FORWARD 770 IN DEPRCIATIN FROM 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part II, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 6, 7a, 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0712611
IRS990/TotalAssetsEOYAmt020950
IRS990/TotalAssetsGrp/BOYAmt0712611
IRS990/TotalAssetsGrp/EOYAmt020950
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059277
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0303886
IRS990/TotalFunctionalExpensesGrp/TotalAmt0363163
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01587073
IRS990/TotalLiabilitiesEOYAmt0695487
IRS990/TotalLiabilitiesGrp/BOYAmt01587073
IRS990/TotalLiabilitiesGrp/EOYAmt0695487
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-874462
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-674537
IRS990/TotalProgramServiceExpensesAmt0303886
IRS990/TotalProgramServiceRevenueAmt020356
IRS990/TotalReportableCompFromOrgAmt029801
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020356
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0562318
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0712611
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020950
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0265 LOWELL ST
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002420
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.LEXINGTONPREP.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SON HUI KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07819325361
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEXINGTON PREP SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LEXI
ReturnHeader/Filer/EIN0260504362
ReturnHeader/Filer/PhoneNum07818607550
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O SON HUI KIM 259 LOWELL STREET
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0024202701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03AB4DAD170D07EC7462F80CC344F74BE25F496E1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09DCDD2A706BDE5235D80B6375C66FA41849911DC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.68.75.249
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm019:26:57
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID P MERKEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 CUMMINGS PARK SUITE 240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07819325361
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID P MERKEL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-13T02:36:44-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.