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Nonprofit · EIN 61-1270618

LEXINGTON DOLPHINS INC

Tax-exempt · LEXINGTON, KY 40523

Financials

$462K$443K2022$415K$399K2023$449K$431K2024
Revenue Expenses · by fiscal year end
Financials of LEXINGTON DOLPHINS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$448,626$431,276$17,350$126,738$4,470$122,268
August 31, 2024990$415,197$398,924$16,273$117,259$12,341$104,918
August 31, 2023990$462,338$442,845$19,493$106,588$17,943$88,645
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$56,861
Program service revenue
$390,449
Investment income
$857
Other revenue
$459

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$54,000
Other salaries and wages
$124,545
Salaries, compensation and benefits (total)
$194,069
Professional fundraising fees
$0
Occupancy
$121,399
Travel
$6,419
Program services (functional)
$421,336
Management and general (functional)
$9,940

Balance sheet and other

Total assets, start of year
$117,259
Total assets, end of year
$126,738
Total liabilities, end of year
$4,470
Net assets, end of year
$122,268
Land, buildings and equipment
$75,305
Gross receipts
$448,626
Employees
12
Volunteers
100
Year formed
1994
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVID DOOLINCEO
Trustee or director, Officer
30$54,000$1,620
MICHELLE DOOLINOFFICER
Trustee or director
5$0$0
BECKY BROOKSOFFICER
Trustee or director
5$0$0
KRISTIN DUNCANSECRETARY
Trustee or director, Officer
5$0$0
WILL MESSERVICE PRESIDENT
Trustee or director, Officer
5$0$0
JULIE HARRISTREASURER
Trustee or director, Officer
5$0$0
990 for the year ended August 31, 2024: 5 people
NameTitleHours / weekCompensationOther / benefits
DAVID A DOOLINCEO
Trustee or director, Officer
30$58,500$1,620
SHANE BURDENVICE PRESIDENT
Trustee or director, Officer
5$0$0
SHANE BUSSONDIRECTOR
Trustee or director
5$0$0
MELANIE GABBARDSECRETARY
Trustee or director, Officer
10$0$0
SHELLY FILERDIRECTOR
Trustee or director
5$0$0
990 for the year ended August 31, 2023: 4 people
NameTitleHours / weekCompensation
DAVID A DOOLINCEO
Trustee or director, Officer
30$58,500
SHANE BURDENPRESIDENT
Trustee or director, Officer
5$0
MARY DOOLINVICE PRESIDENT
Trustee or director, Officer
5$0
KRISTEN HORNBACKSECRETARY
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 23231, LEXINGTON, KY 40523-3231
In care of
% DAVID DOOLIN
Signed the 990
DAVID DOOLIN, CEO
Phone
(859) 621-8967
Return prepared by
IRELAND ACCOUNTING AGENCY INC

Mission

THE PURPOSE OF THE ORGANIZATION IS TO FOSTER AND ENCOURAGE YOUTH SWIMMING IN CENTRAL KENTUCKY

990 for the year ended August 31, 2025

Program accomplishments

  • THE ORGANIZATION SUPPORTS THE DEVELOPMENT OF YOUTH SWIMMING, CONDUCTS SWIMMING COMPETITIONS AND PROMOTES THE SPORT IN CENTRAL KENTUCKY. THE PROGRAM CHALLENGES, ENCOURAGES AND EQUIPS TEAM MEMBERS FOR CONTINUAL IMPROVEMENT IN SKILLS, CHARACTER, AND COMPETITION. EMPHASIS IS PLACED ON TEAM BUILDING AMONG SWIMMERS, COACHES AND PARENTS IN A SUPPORTIVE ENTHUSIASTIC ATMOSPHERE. SWIMMERS IMPROVE THEIR SKILLS, TEAMWORK, ABILITY, SPORTSMANSHIP AND RESPECT FOR OTHERS WIHTIN A COMPETITIVE ATMOSPHERE LED BY A DEDICATED, HIGHLY COMPETENT STAFF. THE TEAM HAS MADE A SIGNIFICANT IMPACT AT LOCAL, STATE, REGIONAL AND NATIONAL LEVELS. THE ORGANIZATION SERVES APPROXIMATELY 200 ATHLETES ANNUALLY.
    Expenses $421,336 · revenue $390,449

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
61-1270618
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$126,738
Income (IRS master file)
$448,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$448,626$431,276$126,738XML
990August 2024$415,197$398,924$117,259XML
990August 2023$462,338$442,845$106,588XML
990August 2022$498,723$526,188$112,469IRS
990August 2021–––IRS
990August 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1270618).

Questions about LEXINGTON DOLPHINS INC

What is the EIN of LEXINGTON DOLPHINS INC?
The employer identification number (EIN) of LEXINGTON DOLPHINS INC is 61-1270618.
Is LEXINGTON DOLPHINS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to LEXINGTON DOLPHINS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEXINGTON DOLPHINS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEXINGTON DOLPHINS INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEXINGTON DOLPHINS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who are the officers and directors of LEXINGTON DOLPHINS INC?
The 990 for the year ended August 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $54,000 (DAVID DOOLIN, CEO).
How much revenue does LEXINGTON DOLPHINS INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $448,626, expenses of $431,276 and total assets of $126,738 at year end.

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