Lexington Fairness Inc

Nonprofit profile at a glance

EIN
262147307
IRS 990-EZ coverage
2014–2020
Forms available
Form 990-EZ 2020
Location
Lexington, KY, USA
Phone
8599518565
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Fairs

Official website

Reported finances

Revenue
$12,821
Expenses
$15,429
Assets
$78,436
Liabilities
$330

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • JOSEPH MINIARD (CHAIRPERSON)
  • STEPHANIE OGHIA (TREAURER)
  • MEGAN MARTIN (VICE CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lexington fairness is committed to achieve equal rights under the law, acceptance, and fairness for lesbian, gay, bisexual, and transgender people in central Kentucky through local community action, grassroots advocacy, network-building, and educational outreach.

What it reported doing in 2020

Lexington fairness is committed to achieving equal rights under the law, acceptance, and fairness for lesbian, gay, bisexual and transgendered (lgbt) people in central Kentucky through local community action, grassroots advocacy, network-building and educational outreach. For nearly 20 years, the volunteer leaders of lexington fairness have worked tirelessly to obtain and spread fairness for the lgbt community in central Kentucky.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 67.1%; rating input score 67

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -20.3%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 5.08; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -8% per year; rating input score 0; 41st percentile among comparable filings
  • Revenue growth: -9.3% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 67.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2014 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.