Nonprofit · EIN 61-1322448
LEXINGTON STRIDES AHEAD FOUNDATION
Tax-exempt · LEXINGTON, KY 40507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,174,520 | $1,014,761 | $159,759 | $191,131 | $0 | $191,131 |
| December 31, 2023 | 990 | $755,480 | $736,543 | $18,937 | $31,370 | $0 | $31,370 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,174,520
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $967,235
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $31,370
- Total assets, end of year
- $191,131
- Total liabilities, end of year
- $0
- Net assets, end of year
- $191,131
- Net assets without donor restrictions
- $191,131
- Gross receipts
- $1,174,520
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1998
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT QUICK | DIRECTOR Trustee or director | 0.5 | $0 | $252,769 | $31,613 |
| BOB HEWETT | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARTHA JONES | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| KIM OGLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TOM HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TUCKER BALLINGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RAY DANIELS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA BLANTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ED HOLMES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTY SPITSER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT QUICK | DIRECTOR Trustee or director | 0.5 | $0 | $242,208 | $27,819 |
| BOB HEWETT | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARTHA JONES | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DAVID FREIBERT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KIM MENKE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KEN SAGAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TOM HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TUCKER BALLINGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RAY DANIELS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 330 E MAIN ST STE 205, LEXINGTON, KY 40507-1525
- In care of
- % WILLIAM M LEAR
- Principal officer (990 for 2024)
- BOB HEWETT, 250 WEST MAIN STREET, LEXINGTON, KY 40507
- Signed the 990
- BOB HEWETT, CHAIRMAN
- Phone
- (859) 225-5005
- Return prepared by
- RFH PLLC
Mission
TO PROMOTE ECONOMIC DEVELOPMENT THROUGH BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.
Program accomplishments
- LEXINGTON STRIDES AHEAD CONTINUES TO IMPLEMENT PART TWO OF THE ONE TEAM ONE VISION CAMPAIGN WHICH PROMOTES LONG TERM PLANS FOR LEXINGTON'S ECONOMY THROUGH RESPONSIBLE EXPANSION.Expenses $1,014,761 · grants $967,235 · revenue $1,174,520
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1322448
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $191,131
- Income (IRS master file)
- $1,174,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,174,520 | $1,014,761 | $191,131 | XML |
| 990 | December 2023 | $755,480 | $736,543 | $31,370 | XML |
| 990 | December 2022 | $629,220 | $637,579 | $12,433 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 61-1322448).
Questions about LEXINGTON STRIDES AHEAD FOUNDATION
- What is the EIN of LEXINGTON STRIDES AHEAD FOUNDATION?
- The employer identification number (EIN) of LEXINGTON STRIDES AHEAD FOUNDATION is 61-1322448.
- Is LEXINGTON STRIDES AHEAD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1999.
- Are donations to LEXINGTON STRIDES AHEAD FOUNDATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LEXINGTON STRIDES AHEAD FOUNDATION 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 STRIDES AHEAD FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEXINGTON STRIDES AHEAD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LEXINGTON STRIDES AHEAD FOUNDATION?
- The 990 for the year ended December 31, 2024 names BOB HEWETT.
- Who are the officers and directors of LEXINGTON STRIDES AHEAD FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does LEXINGTON STRIDES AHEAD FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,174,520, expenses of $1,014,761 and total assets of $191,131 at year end.
Other nonprofits in LEXINGTON
- LEXINGTON CENTER CORPORATION EIN 61-0734772 · last filed 990 for 2025
- HORSERACING INTEGRITY AND SAFETY AUTHORITY INC EIN 86-1940818 · last filed 990 for 2024
- INTERNATIONAL COACHING FEDERATION GLOBAL ENTERPRISE EIN 83-3632519 · last filed 990 for 2025
- COMMUNITY VENTURES CORPORATION INC EIN 31-1064807 · last filed 990 for 2024
- ICF CREDENTIALING AND STANDARDS EIN 85-0997468 · last filed 990 for 2025
- ICF COACH TRAINING EIN 85-1008710 · last filed 990 for 2025
- AMERICAN BOARD OF OPTICIANRY EIN 52-1147697 · last filed 990 for 2025
- LEXINGTON BLUEGRASS ASSN OF REALTORS INC EIN 61-0464019 · last filed 990 for 2025
All nonprofits in LEXINGTON · Kentucky · Community improvement and capacity building