Lexrap Corp
Nonprofit profile at a glance
- EIN
- 813828892
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Lexington, MA, USA
- Phone
- 7819744225
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $113,528
- Expenses
- $106,385
- Assets
- $243,096
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BRUCE NEUMANN (PRESIDENT)
- STEVE STULCK (VICE PRESIDENT)
People named in this filing
- BRUCE NEUMANN (PRESIDENT)
- LAURA TANDARA-KUHNS (DIRECTOR)
- INGRID KLIMOFF (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Financial assistance and social services provided to refugees and asylum seekers, either directly or passed through other organizations.
What it reported doing in 2024
The mission of lexrap is to support and assist refugees and asylum seekers to integrate into american society. This assistance includes a support network for housing, food, clothing transportation, health care, education, employment, legal, and socialization. Beneficiaries of this assistance must have received or be legally seeking permission to live in the u.s., either temporarily or permently.
Operating model
- Revenue model
- Donor-supported. 100% 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 7
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.6%; rating input score 7
- Program expense ratio: 7%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.3%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 2.29; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -19.1% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 25.2% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 6.6% of revenue deployed · 7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.