2024-08-12T01:01:09-05:00 2023-12-31 470677245 HBE LLP 7140 STEPHANIE LANE PO BOX 23110 LINCOLN NE 685423110 990 2023-01-01 470794760 LEXINGTON COMMUNITY FOUNDATION LEXI 3083246704 PO BOX 422 LEXINGTON NE 688500422 MIKE MALOLEY PRESIDENT 3083246704 2024-07-23 1 1 KILEY A WIECHMAN CPA P00661523 4024234343 2024-07-23 2023 2024-08-08 14:25:15Z MIKE MALOLEY PO BOX 854 LEXINGTON NE 688500854 578567 0 X WWW.LEXFOUNDATION.ORG X 1982 NE VOLUNTEERS PROVIDE SUPPORT AT FUND RAISING ACTIVITIES. 25 25 3 79 0 0 103245 132116 56826 58727 77759 34172 65325 138406 303155 363421 147780 133681 0 0 152335 170563 0 0 84546 88904 62861 389019 367105 -85864 -3684 7718782 7490086 4126609 2960938 3592173 4529148 X LEXINGTON COMMUNITY FOUNDATION WAS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND SUCH OTHER PURPOSES THAT WILL CONTRIBUTE TO THE MENTAL, MORAL, INTELLECTUAL, AND PHYSICAL IMPROVEMENT, ASSISTANCE AND RELIEF, PRIMARILY OF THE INHABITANTS OF DAWSON COUNTY, NE AND ITS SURROUNDING COUNTIES, REGARDLESS OF RACE, COLOR OR CREED. 0 0 51037 31724 63743 GRANTS TO LOCAL COMMUNITY AND CHARITABLE ORGANIZATIONS TO IMPROVE LIVING, WORKING, EDUCATION AND ECONOMIC CONDITIONS. 85048 52866 GRANTS FOR FACILITY IMPROVEMENTS TO ENHANCE COMMUNITY EDUCATIONAL AND RECREATIONAL OPPORTUNITIES. 75725 49091 SCHOLARSHIPS AWARDED TO LOCAL STUDENTS. THE TUITION PAYMENTS WERE MADE DIRECTLY TO NEBRASKA AND OUT-OF-STATE SCHOOLS. 211810 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X X THE ORGANIZATION 3083246704 PO BOX 422 LEXINGTON NE 68850 TOM ALEXANDER BOARD MEMBER 1.00 X 0 0 0 ROB ANDERSON BOARD MEMBER 1.00 X 0 0 0 AUDREY BECK-DOWNEY VICE PRESIDENT 1.00 X X 0 0 0 AMY BIEHL-OWENS BOARD MEMBER 1.00 X 0 0 0 JAKE SAULSBURY BOARD MEMBER 1.00 X 0 0 0 ABBY BRECKS BOARD MEMBER 1.00 X 0 0 0 RANDY CARPENTER BOARD MEMBER 1.00 X 0 0 0 DAN CLARK BOARD MEMBER 1.00 X 0 0 0 JILL DENKER BOARD MEMBER 1.00 X 0 0 0 MAG FAGOT BOARD MEMBER 1.00 X 0 0 0 BIRGITTE HAYS BOARD MEMBER 1.00 X 0 0 0 MANUEL ANDAZOLA BOARD MEMBER 1.00 X 0 0 0 MIKE MALOLEY PRESIDENT 1.00 X X 0 0 0 PATTY MANDELKO BOARD MEMBER 1.00 X 0 0 0 BARRY MCFARLAND PAST PRESIDENT 1.00 X X 0 0 0 TOD A MCKEONE BOARD MEMBER 1.00 X 0 0 0 TARA NAPRSTEK BOARD MEMBER 1.00 X 0 0 0 LARRY REYNOLDS SECRETARY/TREASURER 1.00 X X 0 0 0 CURT RICKERTSEN BOARD MEMBER 1.00 X 0 0 0 DAVE ROEMMICH BOARD MEMBER 1.00 X 0 0 0 DAVE STENBERG BOARD MEMBER 1.00 X 0 0 0 SARAH DE LA TORRE BOARD MEMBER 1.00 X 0 0 0 GAIL WIGHTMAN BOARD MEMBER 1.00 X 0 0 0 TRAVIS WRIGHT BOARD MEMBER 1.00 X 0 0 0 JIM HAIN BOARD MEMBER 1.00 X 0 0 0 BETH ROBERTS EXECUTIVE DIRECTOR 45.00 X 44574 0 1175 44574 0 1175 0 0 0 0 0 77222 2000 52894 132116 ADMINISTRATIVE FEES 561000 58727 58727 58727 34172 3058 31114 347594 77222 215146 132448 132448 OTHER FEE INCOME 900099 4000 4000 MISCELLANEOUS REVENUE 900099 1958 1958 5958 363421 63743 0 167562 84590 84590 49091 49091 45749 18300 9150 18299 109519 43808 21904 43807 3001 1200 601 1200 12294 4917 2459 4918 4100 4100 9550 1635 816 7099 60 60 17006 9672 7334 4356 2174 728 1454 10891 10891 4899 4899 MATCHING FUNDS 5600 5600 EDUCATION EXPENSE 2859 2859 BAD DEBT EXPENSE 1805 1805 TELEPHONE 1087 435 217 435 648 648 367105 211810 70749 84546 1012078 226565 760297 214650 192464 52421 150934 140043 5465680 6566744 329793 342084 7718782 7490086 2680 28500 8500 4098109 2949758 4126609 2960938 X 2570532 3470760 1021641 1058388 3592173 4529148 7718782 7490086 -3684 940659 0 X 1 X 0 0 0 X 1169254 794577 254360 103245 132116 2453552 1169254 794577 254360 103245 132116 2453552 2453552 112548 65332 82175 77759 34173 371987 217923 108804 143585 6029 5958 482299 3307838 0.74170 0.74750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 50 26069 706002 20315 1997313 28996 2919434 1 1 36850 600 37450 36300 550 36850 15700 20600 4738 1506 3232 36300 15250 450 15700 14600 650 15250 1.00000 0 0 3500 3500 188964 52421 136543 140043 ASSETS HELD FOR THE BENEFIT OF OTHERS 2948430 PASS THROUGH FUNDS 1328 2949758 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, INCOME EARNED IN THE PERFORMANCE OF THE FOUNDATION'S EXEMPT PURPOSE IS NOT SUBJECT TO INCOME TAX. ANY INCOME EARNED THROUGH UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO INCOME TAX AT NORMAL CORPORATE RATES. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE FOUNDATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. ANNUAL BANQUET 424816 77222 347594 76623 5077 32108 7433 93905 424816 77222 347594 76623 5077 32108 7433 93905 215146 132448 1 LEXINGTON PUBLIC SCHOOLS PO BOX 890 LEXINGTON NE 68850 GOV 17081 0 DESTINATION GRADUATION LAPTOPS CITY OF LEXINGTON PO BOX 70 LEXINGTON NE 68850 GOV 50000 0 GRANT 1 2 SCHOLARSHIPS 21 49091 FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY BOARD OF DIRECTORS WITH ACCOUNTANT FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AT OFFICE OR ON WEBSITE FORM 990, PART I, LINE 6 VOLUNTEERS PROVIDE SUPPORT AT FUNDRAISING ACTIVITIES