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Filing year 2023

THE LEXINGTON EDUCATIONAL ASSOCIATION

Lexington, North Carolina·EIN 56-1532574·3
Total revenue
$103k
Total assets
$509k
Total expenses
$104k
Reported officers
14
Mission

Provide scholarships college admissions guidance and mentoring to students in the Lexington City Schools.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
10th to 25th percentile
$30k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Down 33%
from 2022

From $45k in 2022 to $30k in 2023.

$45k
2022
$30k
2023
In today's dollarsEst.
Down 36% in real terms$51k to $33k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 33% from 2022 to 2023, while revenue rose 40%.

$45k in 2022 to $30k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE LEXINGTON EDUCATIONAL ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$74k
$145k
2022
$103k
$104k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE LEXINGTON EDUCATIONAL ASSOCIATION

What does the Chief Executive Officer of THE LEXINGTON EDUCATIONAL ASSOCIATION earn?

In 2023, the Chief Executive Officer of THE LEXINGTON EDUCATIONAL ASSOCIATION received $30,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE LEXINGTON EDUCATIONAL ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE LEXINGTON EDUCATIONAL ASSOCIATION falls between the 10th and 25th percentiles.

What are THE LEXINGTON EDUCATIONAL ASSOCIATION's revenue and expenses?

In 2023, THE LEXINGTON EDUCATIONAL ASSOCIATION reported $103k in total revenue and $104k in total expenses on its IRS Form 990.

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