Civic Intelligence

Historic Lexington Foundation

990 • Fiscal year 2019 • EIN 54-6069177

Jan 01, 2019 to Dec 31, 2019 • Filed on May 08, 2020

P O Box 901Lexington, VA 24450

(540) 463-6832

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

10th percentile

-27%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

57th percentile

$25,150

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 48.3% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

6.2%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$521,873

Up $78,436 (+18%) from 2018

Net Assets

Up

$521,873

Up $78,436 (+18%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$52,059

Up $3,048 (+6.2%) from 2018

Expenses

Up

$66,231

Up $18,042 (+37%) from 2018

Net Income

Down

-$14,172

Down $14,994 (-1824%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $264,176Liabilities 2011: $02011Assets 2012: $194,989Liabilities 2012: $02012Assets 2013: $331,379Liabilities 2013: $0Net Assets 2013: $331,3792013Assets 2014: $301,735Liabilities 2014: $0Net Assets 2014: $301,7352014Assets 2015: $289,242Liabilities 2015: $138Net Assets 2015: $289,1042015Assets 2016: $386,842Liabilities 2016: $1,280Net Assets 2016: $385,5622016Assets 2017: $456,875Liabilities 2017: $39Net Assets 2017: $456,8362017Assets 2018: $443,437Liabilities 2018: $0Net Assets 2018: $443,4372018Assets 2019: $521,873Liabilities 2019: $0Net Assets 2019: $521,8732019Assets 2020: $1,410,244Liabilities 2020: $0Net Assets 2020: $1,410,2442020Assets 2021: $1,455,188Liabilities 2021: $0Net Assets 2021: $1,455,1882021Assets 2022: $1,104,451Liabilities 2022: $0Net Assets 2022: $1,104,4512022Assets 2023: $1,213,828Liabilities 2023: $4,750Net Assets 2023: $1,209,0782023Assets 2024: $1,310,995Liabilities 2024: $19,429Net Assets 2024: $1,291,5662024

Highlighted filing

2019

Assets$521,873
Liabilities$0
Net Assets$521,873

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $59,287Expenses 2011: $37,044Net Income 2011: $22,2432011Revenue 2012: -$26,684Expenses 2012: $42,503Net Income 2012: -$69,1872012Revenue 2013: $176,628Expenses 2013: $48,136Net Income 2013: $128,4922013Revenue 2014: $35,789Expenses 2014: $88,489Net Income 2014: -$52,7002014Revenue 2015: $85,540Expenses 2015: $86,729Net Income 2015: -$1,1892015Revenue 2016: $112,329Expenses 2016: $54,934Net Income 2016: $57,3952016Revenue 2017: $95,345Expenses 2017: $49,070Net Income 2017: $46,2752017Revenue 2018: $49,011Expenses 2018: $48,189Net Income 2018: $8222018Revenue 2019: $52,059Expenses 2019: $66,231Net Income 2019: -$14,1722019Revenue 2020: $938,397Expenses 2020: $98,420Net Income 2020: $839,9772020Revenue 2021: $186,090Expenses 2021: $132,242Net Income 2021: $53,8482021Revenue 2022: -$98,267Expenses 2022: $106,161Net Income 2022: -$204,4282022Revenue 2023: $72,038Expenses 2023: $99,849Net Income 2023: -$27,8112023Revenue 2024: $119,424Expenses 2024: $124,107Net Income 2024: -$4,6832024

Highlighted filing

2019

Revenue$52,059
Expenses$66,231
Net Income-$14,172
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 8, 2020
Return Version
2019v5.1
Gross Receipts
$52,059
Mission and Program Overview

Mission

Historic property preservation

To promote the preservation of the architectural & historic resources of rockbridge county, va.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$417,522$511,450▲ $93,928
Cash and Non-Interest-Bearing Accounts$25,771$10,279▼ $15,492
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$443,437$521,873▲ $78,436
Other Assets Total$144$144→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$443,437$521,873▲ $78,436
Total Net Assets Fund Balance$443,437$521,873▲ $78,436
Total Liabilities and Net Assets / Fund Balance$443,437$521,873▲ $78,436

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$3,490$3,490
Other Securities$511,450--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Don HasfurtherExecutive DirectorPT$25,150$25,150

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$31,690
Program Service Revenue
$9,049
Investment Income
$11,320
Other Revenue
$0
All Other Contributions
$24,240
Change in Net Assets
$-14,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$27,074
Other Expenses$25,984
Total Fundraising Expense$14,690
Grants and Similar Amounts Paid$13,173
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$12,575$5,030$7,545$25,150
Grants to Domestic Individuals$13,173--$13,173
Occupancy$2,250$2,250-$4,500
Information Technology$1,506$603$904$3,013
Office Expenses$1,158$928$230$2,316
Payroll Taxes$962$385$577$1,924
All Other Expenses$1,622$195$60$1,877
Other Expenses$1,240$982$3,814$1,240
Fees for Services Other-$986-$986
Insurance$437$350$87$874
Fees for Services Accounting-$600-$600
Travel-$272-$272
Conferences and Meetings$59--$59
Total Functional Expenses$38,960$12,581$14,690$66,231
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
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
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 11B

Form 990 is reviewed by the president.

Form 990, Part VI, Section C, Line 18

Form 990 will be made available by the organization in hard copy on request.

Form 990, Part VI, Section C, Line 19

Historic lexington foundation will make its governing documents available to the public in hard copy when requests are made.

Filing and Contact Details

Filer

Filer Name
Historic Lexington Foundation
EIN
54-6069177
Phone
5404636832
Address
P O BOX 901, LEXINGTON, VA 24450

Signing Officer

Name
Beverly Tucker
Title
President
Phone
5404636832
Signed
2020-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beverly Tucker
Formed
1966
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
17
Employees
1
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
Lucas Penix
Phone
5404637121
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Bookkeeping: program service expenses 0. Management and general expenses 850. Fundraising expenses 0. Total expenses 850. Bank fees: program service expenses 0. Management and general expenses 95. Fundraising expenses 0. Total expenses 95. Administrative consultant: program service expenses 0. Management and general expenses 41. Fundraising expenses 0. Total expenses 41.

Form 990, Part IX, Line 24E

Book publishing: program service expenses 797. Management and general expenses 0. Fundraising expenses 0. Total expenses 797. Gifts & contributions: program service expenses 600. Management and general expenses 0. Fundraising expenses 0. Total expenses 600. Dues & subscriptions: program service expenses 125. Management and general expenses 125. Fundraising expenses 0. Total expenses 250. Workers comp insurance: program service expenses 100. Management and general expenses 40. Fundraising expenses 60. Total expenses 200. Business license: program service expenses 0. Management and general expenses 30. Fundraising expenses 0. Total expenses 30.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/MissionDesc0HISTORIC LEXINGTON FOUNDATION (HLF) IS A NON-PROFIT ORGANIZATION PROMOTING THE PRESERVATION OF THE RICH ARCHITECTURAL AND RELATED HISTORIC RESOURCES OF ROCKBRIDGE COUNTY, VIRGINIA. INCORPORATED IN 1966, AT A TIME WHEN MANY OF LEXINGTON'S BUILDINGS WERE THREATENED WITH DEMOLITION BY NEGLECT, HLF TODAY SUPPORTS AND INTERPRETS THE HERITAGE AND FABRIC OF LEXINGTON, BUENA VISTA, AND ROCKBRIDGE COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0443437
IRS990/NetAssetsOrFundBalancesEOYAmt0521873
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt092608
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0443437
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0521873
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02250
IRS990/OccupancyGrp/ProgramServicesAmt02250
IRS990/OccupancyGrp/TotalAmt04500
IRS990/OfficeExpensesGrp/FundraisingAmt0230
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0928
IRS990/OfficeExpensesGrp/ProgramServicesAmt01158
IRS990/OfficeExpensesGrp/TotalAmt02316
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0144
IRS990/OtherAssetsTotalGrp/EOYAmt0144
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PRINTING & REPRODUCTION
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/Desc2ANNUAL MEETING
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt01473
IRS990/OtherExpensesGrp/FundraisingAmt13814
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0982
IRS990/OtherExpensesGrp/ProgramServicesAmt02455
IRS990/OtherExpensesGrp/ProgramServicesAmt11523
IRS990/OtherExpensesGrp/ProgramServicesAmt21240
IRS990/OtherExpensesGrp/TotalAmt04910
IRS990/OtherExpensesGrp/TotalAmt13814
IRS990/OtherExpensesGrp/TotalAmt21523
IRS990/OtherExpensesGrp/TotalAmt31240
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0577
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0385
IRS990/PayrollTaxesGrp/ProgramServicesAmt0962
IRS990/PayrollTaxesGrp/TotalAmt01924
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BEVERLY TUCKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0PRESERVATION FUND
IRS990/ProgramServiceRevenueGrp/Desc1CEMETERY PRESERVATION
IRS990/ProgramServiceRevenueGrp/Desc2BOOK SALES
IRS990/ProgramServiceRevenueGrp/Desc3HISTORIC MARKER PROGRA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04825
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2849
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2849
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3400
IRS990/ProgSrvcAccomActy2Grp/Desc0PRESERVATION AND HISTORIC MARKER PROGRAM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt013174
IRS990/ProgSrvcAccomActy2Grp/GrantAmt05666
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt08200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025657
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04417
IRS990/PYInvestmentIncomeAmt09738
IRS990/PYOtherExpensesAmt017837
IRS990/PYOtherRevenueAmt01
IRS990/PYProgramServiceRevenueAmt013615
IRS990/PYRevenuesLessExpensesAmt0822
IRS990/PYSalariesCompEmpBnftPaidAmt024450
IRS990/PYTotalExpensesAmt048189
IRS990/PYTotalProfFndrsngExpnsAmt01485
IRS990/PYTotalRevenueAmt049011
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-14172
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0849
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031690
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt032708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt079635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt075816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0278004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09738
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09217
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt049513
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt027463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018168
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt066767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09738
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt049513
IRS990ScheduleA/InvestmentIncomeCYPct00.12560
IRS990ScheduleA/InvestmentIncomePYPct00.12420
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87440
IRS990ScheduleA/PublicSupportPY509Pct00.87580
IRS990ScheduleA/PublicSupportTotal509Amt0344771
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt040739
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt039273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt085157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0103279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt076323
IRS990ScheduleA/Total509Grp/TotalAmt0344771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt052059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt049011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt095345
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0112329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt085540
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0394284
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03490
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03490
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0511450
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EDWARD JONES PORTFOLIO
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.02$1.29$0.12$0.12$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.07$0.10$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.10$0.11$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.00$1.46$0.19$0.13$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.94$0.10$0.84
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.05$0.07$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$0.05$0.05$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$0.10$0.05$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.00$0.39$0.11$0.05$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.09$0.09$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.04$0.09$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.18$0.05$0.13
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.03$0.04$0.07
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.06$0.04$0.02