2024-05-01T07:43:15-05:00 2023-06-30 611038574 FAULKNER KING & WENZ PSC PO BOX 285 MT STERLING KY 40353 990 2022-07-01 610563291 LEXINGTON SCHOOL INC LEXI 8592780501 1050 LANE ALLEN ROAD LEXINGTON KY 40504 SUSAN O'BRIEN CFO 8592780501 2024-04-29 1 SUSAN OBRIEN 999009999 1 KEVIN ROMENESKO P00610862 8594981836 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUSAN O'BRIEN 1050 LANE ALLEN ROAD LEXINGTON KY 40504 37523146 0 X WWW.THELEXINGTONSCHOOL.ORG X 1959 KY EDUCATION 23 23 227 200 0 0 1105847 1957801 15172396 15921452 1816605 1493750 482713 525503 18577561 19898506 2655603 2838408 0 0 10716304 11300069 0 0 481130 5544137 5821045 18916044 19959522 -338483 -61016 73035300 78633064 13443481 12849804 59591819 65783260 THE LEXINGTON SCHOOL PROVIDES AN EDUCATION OF THE HIGHEST QUALITY TO STUDENTS IN PRESCHOOL THROUGH MIDDLE SCHOOL. IN A STRUCTURED, NURTURING ENVIRONMENT, THE LEXINGTON SCHOOL SEEKS TO INSTILL INTEGRITY, A JOYFUL PURSUIT OF LEARNING, AND A STRONG WORK ETHIC. 0 0 15425814 2838408 16945462 EDUCATIONAL ACTIVITIES - 614 STUDENTS ENROLLED 15425814 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 227 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X SUSAN O'BRIEN 8592780501 1050 LANE ALLEN ROAD LEXINGTON KY 40504 X KING OFFUTT PRESIDENT 5.00 X X 0 0 0 CASE CLAY VICE PRESIDENT 5.00 X 0 0 0 ALEX BOONE TREASURER 5.00 X X 0 0 0 SHANNON ARVIN SECRETARY 3.00 X X 0 0 0 EUNICE BEATTY BOARD MEMBER 0.50 X 0 0 0 JOHN BOARDMAN BOARD MEMBER 0.50 X 0 0 0 HEADLEY BUTLER BOARD MEMBER 0.50 X 0 0 0 DIONNE JENKINS BOARD MEMBER 0.50 X 0 0 0 DEIDRE LYONS BOARD MEMBER 0.50 X 0 0 0 BILL FARISH BOARD MEMBER 0.50 X 0 0 0 MARIJO FOSTER BOARD MEMBER 0.50 X 0 0 0 THOMAS GAINES BOARD MEMBER 0.50 X 0 0 0 FAHMIDA KAHLOON BOARD MEMBER 0.50 X 0 0 0 STEVE LAWSON BOARD MEMBER 0.50 X 0 0 0 CHASE MINNIFIELD BOARD MEMBER 0.50 X 0 0 0 MEHROOZ MARK MEHRIZI BOARD MEMBER 0.50 X 0 0 0 MATTHEW MITCHELL BOARD MEMBER 0.50 X 0 0 0 KAYLA MONOHAN BOARD MEMBER 0.50 X 0 0 0 SUSAN ROGERS BOARD MEMBER 0.50 X 0 0 0 DONNA SHIVELY BOARD MEMBER 0.50 X 0 0 0 QUISHA RAY BOARD MEMBER 0.50 X 0 0 0 CHRIS YOUNG BOARD MEMBER 0.50 X 0 0 0 KYLE ROSENSTEIN BOARD MEMBER 0.50 X 0 0 0 TIMOTHY ALFORD HEAD OF MIDDLE SCHOOL 40.00 X 214612 0 16820 GERIANN BLEVINS DIRECTOR OF ADMISSION 40.00 X 179496 0 25687 JENNIE ANDERSON HEAD OF PRESCHOOL 40.00 X 214988 0 19295 UNA MCCARTHY HEAD OF SCHOOL 40.00 X 315308 0 58386 SUSAN O'BRIEN CFO 40.00 X 204084 0 12335 1128488 0 132523 5 0 1 0 DAVIS & PLOMIN INC PO BOX 55350 LEXINGTON KY 40555 CONTRACT SERVICES 313160 FACILITIES MANAGEMENT SERVICES PO BOX 22115 LOUISVILLE KY 40252 FACILITIES SERVICE 299030 GORDON FOOD SERVICE INC PO BOX 88029 CHICAGO IL 60680 FOOD SUPPLIES 246322 HILLENMEYER LANDSCAPE SERVICES LLC 2337 SANDERSVILLE ROAD LEXINGTON KY 40511 LANDSCAPING & MAINTENANCE 125551 CECIL'S HEATING & AIR INC 815 CONTRACT STREET LEXINGTON KY 40505 HVAC INSTALLATION/REPAIR 110721 5 1957801 1957801 TUITION AND FEES 611600 15174641 15174641 STUDENT ACTIVITIES 611710 452478 452478 EDUCATIONAL PROGRAMS 611710 294333 294333 15921452 469740 469740 18466654 17442644 1024010 1024010 1024010 707499 181996 525503 525503 19898506 16945462 0 995243 2838408 2838408 8779625 6096199 2683426 618311 429355 188956 1184727 822599 362128 717406 497984 219422 4790 4790 61522 61522 108540 108540 35061 150 34911 86512 62856 21218 2438 269984 269984 1118827 1118827 53525 53065 460 47652 26921 20731 375360 375360 1558323 1558323 230391 230391 CAFETERIA FOOD COSTS 502247 425434 76813 SCHOOL SUPPLIES 248222 248222 DONOR DEVELOPMENT 164679 164679 PROFESSIONAL DEVELOPMEN 77133 26019 51114 878277 576108 64969 237200 19959522 15425814 4052578 481130 3287216 2949312 3462189 2199479 1833462 238238 13535 12959 419930 438750 39749798 18942917 21682783 20806881 35384027 43184675 6952158 8802770 73035300 78633064 1207851 1052078 1493288 1249871 10490136 10191754 252206 356101 13443481 12849804 X 35696391 38903960 23895428 26879300 59591819 65783260 73035300 78633064 X -61016 6150408 102049 X X 1 X 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 39477795 4170647 7641506 4266741 47023207 48357679 2119935 -7460433 3539386 39477795 37387073 2516678 12660821 4206893 48357679 36865984 573458 2347751 2400120 37387073 32968587 462439 5296546 1861588 36865984 0.37720 0.34180 0.28100 1 0 1744639 1744639 32710038 14059463 18650575 5295121 4883454 411667 20806881 BERKSHIRE HATHAWAY 8802770 F 8802770 OBLIGATION UNDER CAPITAL LEASE 154989 DEFERRED COMPENSATION 201112 356101 26048914 6150408 6150408 19898506 0 19898506 19959522 0 19959522 0 19959522 PART V, LINE 4: PART V, LINE 4: EARNINGS FROM ENDOWMENT FUNDS ARE USED TO OFFSET COSTS OF EDUCATIONAL PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTEMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D PART XII, LINE 2D AND PART XIII, LINE 2D: GENERAL FUNDRAISING EXPENSES NOT APPLICABLE TO SPECIAL EVENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY INCLUDED AS INTEGRAL PART OF ALL PROMOTIONAL BROCHURES AND ADVERTISING RELATING TO ADMISSIONS IN LOCAL MEDIA. CELEBRATION 659726 659726 76813 63054 PARENTS COMMITTEE 47773 47773 42129 707499 707499 76813 105183 181996 525503 0 FINANCIAL AID FOR TUITION 177 2584958 0 FMV SCHOLARSHIPS 6 164561 0 FMV PART I, LINE 2: THE SCHOOL MAKES FUNDS AVAILABLE ON AN ANNUAL BASIS TO ASSIST PARENTS WHO DEMONSTRATE NEED IN MEETING THE COST OF AN INDEPENDENT SCHOOL EDUCATION. AFTER FILING AN ADMISSION APPLICATION WITH THE SCHOOL, FAMILIES MAY REQUEST A FINANCIAL AID APPLICATION WHICH REQUIRES THEM TO PROVIDE FINANCIAL INFORMATION TO BE CONSIDERED IN AWARDING AID. THE APPLICATION FOR FINANCIAL AID IS MAILED TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID FOR PROCESSING. THE SERVICE EVALUATES THE DATA PROVIDED AND FURNISHES THE SCHOOL WITH AN ESTIMATE OF ACTUAL NEED. THE SCHOOL USES THIS ESTIMATE IN DETERMINING THE AMOUNT OF AID TO BE PROVIDED. FINANCIAL AID IS AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, NATIONAL OR ETHNIC ORIGIN. SCHOLARSHIPS ARE AWARDED ANNUALLY TO STUDENTS WHO MEET SPECIFIC CRITERIA ESTABLISHED BY THE DONORS OF FUNDS TO BE AWARDED. SCHOOL HAS ADOPTED GIFITNG POLICY WHICH DESCRIBES THE PROCEDURES FOR ESTABLISHING SCHOLARSHIPS AND FUNDING REQUIREMENTS. NEW SCHOLARSHIP FUNDS MUST BE REVIEWED AND APPROVED BY THE SCHOOL'S BOARD OF DIRECTORS. X X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 TIMOTHY ALFORD HEAD OF MIDDLE SCHOOL 133862 0 9100 0 71650 0 0 0 16820 0 231432 0 0 0 GERIANN BLEVINS DIRECTOR OF ADMISSION 144689 0 0 0 34807 0 0 0 25687 0 205183 0 0 0 JENNIE ANDERSON HEAD OF PRESCHOOL 153863 0 5174 0 55951 0 0 0 19295 0 234283 0 0 0 UNA MCCARTHY HEAD OF SCHOOL 290308 0 25000 0 0 0 0 0 58386 0 373694 0 0 0 SUSAN O'BRIEN CFO 199084 0 5000 0 0 0 0 0 12335 0 216419 0 0 0 PART I, LINE 1A: SMALL DISCRETIONARY SPENDING ACCOUNT FOR HEAD OF SCHOOL IS INCLUDED AS PART OF ANNUAL BUDGET OF SCHOOL AND APPROVED BY THE BOARD OF TRUSTEES. ACCOUNT IS TO BE USED FOR EDUCATION RELATED EXPENSES. HEAD OF SCHOOL IS REQUIRED TO LIVE IN RESIDENCE ON SCHOOL GROUNDS TO PROVIDE 24/7 AVAILABILITY IN CASE OF EMERGENCY. A CITY OF CLARK KENTUCKY 616000993 2018-09-19 10000000 CONSTRUCTION AND EXPANSION OF EDUCATIONAL FACILITIES 0 0 0 B CITY OF MIDWAY KENTUCKY 616001871 2018-09-19 5000000 CONSTRUCTION AND EXPANSION OF EDUCATIONAL FACILITIES 0 0 0 A 10000000 57031 9942969 2020 0 0 1 1 B 5000000 1387483 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 A 0 B 0 OFFICERSKEY EMPLOYEES OFFICERS/EMPLOYEES 82537 FINANCIAL AID TUITION OFFICERSKEY EMPLOYEES OFFICERS/EMPLOYEES 163189 TUITION REMISSION TUITION FORM 990, PART VI, SECTION A, LINE 2 THERE ARE TWO SEPARATE COUPLES WHO ARE TRUSTEES AND CURRENT BOARD MEMBER IS THE SON OF ONE OF THESE COUPLES. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF TRUSTEES HAS A NOMINATING COMMITTEE WHICH INTERVIEWS THOSE INTERESTED IN JOINING THE BOARD. NOMINATING COMMITTEE RECOMMENDS NEW MEMBERS TO THE BOARD OF TRUSTEES FOR VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH REVIEWING THE FORM 990. ONCE APPROVED BY THE FINANCE COMMITTEE, FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO THE FILING. SHOULD THE FINANCE COMMITTEE AND/OR BOARD OF TRUSTEES NOT BE ABLE TO CONVENE A MEETING PRIOR TO THE FILING DEADLINE, THE EXECUTIVE COMMITTE IS AUTHORIZED TO REVIEW THE FORM 990 AND APPROVE FOR FILING. THE FINANCE COMMITTEE WILL PERFORM ITS REVIEW AT THEIR NEXT REGULARLY SCHEDULED MEETING AND THEN PRESENT THE FORM 990 TO THE BOARD OF TRUSTEES AT THEIR NEXT REGULARLY SCHEDULED MEETING. SCHEUDLE B, SCHEDULE OF CONTRIBUTORS, IS NOT AVAILABLE FOR REVIEW BEYOND THE EXECUTIVE COMMITTEE LEVEL. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN WRITTEN DISCLOSURE STATEMENT CONCERNING ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. DIRECTORS ARE REQUIRED TO NOTIFY TRUSTEES IF CIRCUMSTANCES CHANGE DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE REVIEWS PROPOSED CONTRACTS FOR HEAD OF SCHOOL INCLUDING COMPARING CONTRACT TERMS WITH OTHER COMPENSATION ARRANGEMENTS FOR SIMILAR POSITIONS IN OTHER INDEPEDENT SCHOOLS IN THE AREA. COMMITTEE PROPOSES CONTRACT TERMS TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY IS TO MAKE APPLICATION FOR TAX EXEMPTION AS WELL AS FORM 990 AVAILABLE FOR PUBLIC INSPECTION IN THE SCHOOL'S BUSINESS OFFICE DURING REGULAR HOURS OF OPERATION. DOCUMENTS ARE PROVIDED FOR REVIEW UPON WRITTEN REQUEST. FORM 990, SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS NOT AVAILABLE FOR REVIEW BEYOND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART XI, LINE 9: NON-OPERATING COVID-19 REVENUE 102,049. FORM 990, PART XI, LINE 2C: THE PROCESS OF REVEWING AND APPROVING AUDITED FINANCIAL STATEMENTS BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES HAS NOT CHANGED FROM PRIOR YEARS.