Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.98x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
13th percentile
Higher top officer pay than 13% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
Assets
Down$12,884,509
Down $56,623 (-0.4%) from 2018
Net Assets
Down$211,109
Down $56,623 (-21%) from 2018
Liabilities
Flat$12,673,400
Flat from 2018
Revenue And Expenses
Revenue
Up$799,824
Up $12,738 (+1.6%) from 2018
Expenses
Up$856,447
Up $104,923 (+14%) from 2018
Net Income
Down-$56,623
Down $92,185 (-259%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2018 to Jun 30, 2019
- Signed
- Nov 15, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $799,824
Mission and Program Overview
Mission
Lextran Real Properties, Inc. serves as the qualified active low income community business (QALICB) and owner of the Lextran Headquarters New Markets Tax Credit Project.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $12,875,394 | $12,875,393 | ▼ $1 |
| Rtn Earn Endowment Incm Other Fnds | $267,732 | $211,109 | ▼ $56,623 |
| Cash and Non-Interest-Bearing Accounts | $65,738 | $9,116 | ▼ $56,622 |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Investments Program Related | $0 | - | - |
| Loans From Officers Directors | - | $0 | - |
| Total Assets | $12,941,132 | $12,884,509 | ▼ $56,623 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $12,673,400 | $12,673,400 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $12,673,400 | $12,673,400 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $267,732 | $211,109 | ▼ $56,623 |
| Total Liabilities and Net Assets / Fund Balance | $12,941,132 | $12,884,509 | ▼ $56,623 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $10,776,610 | - | $10,776,610 |
| Land | $1,705,700 | - | $1,705,700 |
| Equipment | $393,083 | - | $393,083 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| - | President |
| - | Board of Directors |
| - | Secretary |
| - | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $799,824
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $-56,623
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $856,447 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $633,585 | $0 | $0 | $633,585 |
| Fees for Services Other | $0 | $222,862 | $0 | $222,862 |
| Total Functional Expenses | $633,585 | $222,862 | $0 | $856,447 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- 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
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Line 15A Process to Establish Compensation
“None of the directors or officers are compensated, therefore the Form 990 instructions require this to be answered "no."”
Form 990, Part VI, Line 15B Process to Establish Compensation
“None of the directors or officers are compensated, therefore the Form 990 instructions require this to be answered "no."”
Form 990, Part VI, Line 7A Members or stockholders electing members of governing body
“The boards of directors of the Foundation and Lextran Real Properties are appointed by the Lextran board of directors and the organizations are set up for exclusive benefit of the Authority.”
Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body
“The organization had no committees with the authority to act on behalf of the governing body.”
Form 990, Part VI, Line 11B Review of form 990 by governing body
“A complete copy of the 990 is provided to every member of the board of the governing body prior to filing.”
Form 990, Part VI, Line 12C Conflict of interest policy
“All board members must annually, or at time of change in relationship, fill out a conflict of interest policy. All statements are reviewed by management. If a conflict of interest exists, the member involved in the conflict shall abstain from voting on issues related to that conflict.”
Form 990, Part VI, Line 19 Required documents available to the public
“An organizations financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.”
Filing and Contact Details
Filer
- Filer Name
- Lextran Real Properties Inc
- EIN
- 47-3008706
- Phone
- 8592557756
- Address
- 200 W Loudon Ave, Lexington, KY 40508
Signing Officer
- Name
- Jeff Fugate
- Title
- President
- Signed
- 2019-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Formed
- 2015
- Legal Domicile
- Ky
- Voting Board Members
- 4
- Independent Board Members
- 4
- Employees
- 0
- Volunteers
- 5
Preparer
- Firm
- Crowe Llp
- Address
- 9600 Brownsboro Road Suite 400, Louisville, KY 40241-1122
- Preparer
- Kim Scifres
- Phone
- 5023263996
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G Other Fees
“Fees - AMCREF - Total Expense: 38801, Program Service Expense: , Management and General Expenses: 38801, Fundraising Expenses: ; Fees - CHHS - Total Expense: 40056, Program Service Expense: , Management and General Expenses: 40056, Fundraising Expenses: ; Fees - Community Ventures Corp - Total Expense: 144005, Program Service Expense: , Management and General Expenses: 144005, Fundraising Expenses: ;”
Form 990, Part IX, Line 11G Other Expenses
“Miscellaneous Expenses - Total Expense: 633585, Program Service Expense: 633585, Management and General Expenses: , Fundraising Expenses: ;”
Financial Statement Notes
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
“As of june 30, 2019, the authority had not received the final project closeout for all grants for the years ended june 30, 2019. A final project closeout represents that the project has been completed and totally funded with final approval by the inspector general. Management does not believe that there will be any material audit adjustments to the grants by the inspector general; therefore, no provision for such has been reflected in the financial statements. The authority is involved in various claims and arbitration involving former employees and certain other matters. Since the possibility of loss is not probable or measurable in management's current estimation, no loss has been recorded in the authority's financial statements.”
Raw XML Appendix384 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 |
|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Lextran Real Properties, Inc. serves as the qualified active low income community business (QALICB) and owner of the Lextran Headquarters New Markets Tax Credit Project. |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 633585 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 633585 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Nikki Falconbury |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8592557756 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 220 West Louden Avenue |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Lexington |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40508 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 65738 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 9116 |
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| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -56623 |
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| IRS990/CYTotalExpensesAmt | 0 | 856447 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 799824 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
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| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
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| IRS990/ExpenseAmt | 0 | 633585 |
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| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 222862 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 222862 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | true |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 0 | Jeff Fugate |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 1 | Edward Kasarskis |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 2 | George Miller |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 3 | Ann Render |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board of Directors |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 799824 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 12875394 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12875393 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12875393 |
| IRS990/LegalDomicileStateCd | 0 | KY |
| IRS990/LoanOutstandingInd | 0 | false |
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| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | Lextran Real Properties, Inc. serves as the qualified active low income community business (QALICB) and owner of the Lextran Headquarters New Markets Tax Credit Project. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 267732 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 211109 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
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| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | Jeff Fugate |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Lease Income |
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| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 610850923 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 6 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | Transit Authority of Lexington Fayette Urban County Government |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 10776610 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 10776610 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 393083 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 393083 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1705700 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1705700 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | AS OF JUNE 30, 2019, THE AUTHORITY HAD NOT RECEIVED THE FINAL PROJECT CLOSEOUT FOR ALL GRANTS FOR THE YEARS ENDED JUNE 30, 2019. A FINAL PROJECT CLOSEOUT REPRESENTS THAT THE PROJECT HAS BEEN COMPLETED AND TOTALLY FUNDED WITH FINAL APPROVAL BY THE INSPECTOR GENERAL. MANAGEMENT DOES NOT BELIEVE THAT THERE WILL BE ANY MATERIAL AUDIT ADJUSTMENTS TO THE GRANTS BY THE INSPECTOR GENERAL; THEREFORE, NO PROVISION FOR SUCH HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE AUTHORITY IS INVOLVED IN VARIOUS CLAIMS AND ARBITRATION INVOLVING FORMER EMPLOYEES AND CERTAIN OTHER MATTERS. SINCE THE POSSIBILITY OF LOSS IS NOT PROBABLE OR MEASURABLE IN MANAGEMENT'S CURRENT ESTIMATION, NO LOSS HAS BEEN RECORDED IN THE AUTHORITY'S FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 12875393 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | None of the directors or officers are compensated, therefore the Form 990 instructions require this to be answered "no." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | None of the directors or officers are compensated, therefore the Form 990 instructions require this to be answered "no." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The boards of directors of the Foundation and Lextran Real Properties are appointed by the Lextran board of directors and the organizations are set up for exclusive benefit of the Authority. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The organization had no committees with the authority to act on behalf of the governing body. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A complete copy of the 990 is provided to every member of the board of the governing body prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | All board members must annually, or at time of change in relationship, fill out a conflict of interest policy. All statements are reviewed by management. If a conflict of interest exists, the member involved in the conflict shall abstain from voting on issues related to that conflict. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | An organizations financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Fees - AMCREF - Total Expense: 38801, Program Service Expense: , Management and General Expenses: 38801, Fundraising Expenses: ; Fees - CHHS - Total Expense: 40056, Program Service Expense: , Management and General Expenses: 40056, Fundraising Expenses: ; Fees - Community Ventures Corp - Total Expense: 144005, Program Service Expense: , Management and General Expenses: 144005, Fundraising Expenses: ; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Miscellaneous Expenses - Total Expense: 633585, Program Service Expense: 633585, Management and General Expenses: , Fundraising Expenses: ; |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 15a Process to Establish Compensation |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 15b Process to Establish Compensation |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 7a Members or stockholders electing members of governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 11b Review of form 990 by governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 12c Conflict of interest policy |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 19 Required documents available to the public |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 11g Other Fees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 11g Other Expenses |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | Lexington Transit Authority of Lexington-Fayette |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | Lextran Foundation |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | Transit Authority of lexington-Fayette |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 473644429 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(c)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | KY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | KY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | Lender to Finance Lextran |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | Provides Public Transportation to Residents |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 200 W Loudon Ave |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | 200 W Loudon Ave |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Lexington |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | Lexington |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | KY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 40508 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 40508 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | true |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 12941132 |
| IRS990/TotalAssetsEOYAmt | 0 | 12884509 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 12941132 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 12884509 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 222862 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 633585 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 856447 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 12673400 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 12673400 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 12673400 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 12673400 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 267732 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 211109 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 633585 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 799824 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 799824 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 799824 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 12941132 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 12884509 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | true |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 200 W Loudon Ave |
| IRS990/USAddress/CityNm | 0 | Lexington |
| IRS990/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/USAddress/ZIPCd | 0 | 40508 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2020-03-31 21:24:44Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jeff Fugate |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Lextran Real Properties Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEXT |
| ReturnHeader/Filer/EIN | 0 | 473008706 |
| ReturnHeader/Filer/PhoneNum | 0 | 8592557756 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 W Loudon Ave |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Lexington |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40508 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 350921680 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CROWE LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9600 Brownsboro Road Suite 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Louisville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 402411122 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5023263996 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Kim Scifres |
| ReturnHeader/ReturnTs | 0 | 2019-11-15T18:11:15-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-06-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $12,884,509
- Liabilities
- $12,673,400
- Net assets
- $211,109
- Revenue
- $799,824
- Expenses
- $856,447
- Net income
- -$56,623