Lexington Assets Inc 465 N Perry St
501(c)(2)
Only null% goes to programs Thin reserves
Lexington Assets Inc 465 N Perry St is a 501(c)(2) organization based in Johnstown, New York, registered in 1989, with -$49,279 in FY2024 revenue. CharityIndex grades it F.
465 N Perry St, Johnstown, NY, 12095 EIN 14-1714488 Since 1989
Revenue (FY2024)
-$49K
▼ 18.7% vs prior year
Expenses (FY2024)
$37K
Net assets
-$126K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lexington Assets Inc 465 N Perry St— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -175% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lexington Assets Inc 465 N Perry St: 0 mo reserves · -175% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lexington Assets Inc 465 N Perry St— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lexington Assets Inc 465 N Perry St: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from -$59K (FY2013) to -$49K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.0MNet assets -$126K
Operating margin
-174.8%
Spent more than it raised in the latest fiscal year.
Total assets
$900K
Total liabilities
$1.0M
Net assets
-$126K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$49,279▼18.7% | $36,860▲0.5% | -$126,082▼216% | $900,308▼17.9% | 990 |
| 2023 | -$41,528▲9.6% | $36,675▲40.3% | -$39,943▼204% | $1,096,103▼16.0% | 990 |
| 2022 | -$45,955▼12.2% | $26,137▼5.4% | $38,260▼65.3% | $1,305,427▼9.2% | 990 |
| 2021 | -$40,951▼17.1% | $27,615▲0.7% | $110,352▼38.3% | $1,437,504▼12.1% | 990 |
| 2020 | -$34,965▲15.4% | $27,435▲17.8% | $178,918▼25.8% | $1,634,479▼10.4% | 990 |
| 2019 | -$41,320▼3288% | $23,298▲13.2% | $241,184▼21.3% | $1,824,719▼4.2% | 990 |
| 2018 | $1,296▼89.2% | $20,588▲16.0% | $306,652▼5.9% | $1,905,090▼9.5% | 990 |
| 2017 | $11,997▲408% | $17,751▼5.2% | $325,944▼1.7% | $2,105,407▼8.7% | 990 |
| 2016 | -$3,898▼259% | $18,721▲19.9% | $331,698▼6.4% | $2,306,412▼6.9% | 990 |
| 2015 | -$1,085▼110% | $15,619▲37.1% | $354,317▼4.5% | $2,477,794▼4.4% | 990 |
| 2014 | $11,166▲119% | $11,396▼5.6% | $371,021▼0.1% | $2,591,488▲5.5% | 990 |
| 2013 | -$58,839 | $12,066▲100% | $371,251▼16.0% | $2,456,044▲177% | 990 |
| 2012 | — | $6,031▲59.4% | $442,156▼5.2% | $886,113▼3.6% | 990 |
| 2011 | — | $3,783 | $466,171 | $918,905 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Lexington Assets Inc 465 N Perry St a legitimate nonprofit?
- Yes. Lexington Assets Inc 465 N Perry St is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 14-1714488, based in Johnstown, New York.
- What is Lexington Assets Inc 465 N Perry St's EIN?
- Lexington Assets Inc 465 N Perry St's Employer Identification Number (EIN) is 14-1714488.
- How much revenue does Lexington Assets Inc 465 N Perry St report?
- Lexington Assets Inc 465 N Perry St reported -$49,279 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lexington Assets Inc 465 N Perry St have?
- CharityIndex grades Lexington Assets Inc 465 N Perry St F, based on financial health (reserves and operating margin).
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Data for Lexington Assets Inc 465 N Perry St (EIN 14-1714488) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.