Lex Memorial Scholarship Fund

  • Floyd, VA
  • Tax exemption issued: June 1991
  • EIN: 54-1586038

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,340
Expenses
$31,695
Net Income
$34,645
Net Assets
$543,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,002
66.3%
Program Services $0
Investment Income $22,338
33.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $543,733
Total Liabilities $0
Net Assets $543,733
Compensation
Key Employees and Officers Compensation Related Other
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Judy Britt (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
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Document Links

990
Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,300
Expenses
$31,553
Net Income
$12,747
Net Assets
$527,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,577
53.2%
Program Services $0
Investment Income $20,724
46.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $527,352
Total Liabilities $0
Net Assets $527,352
Compensation
Key Employees and Officers Compensation Related Other
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Judy Britt (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
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Document Links

990
Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,897
Expenses
$22,285
Net Income
$5,612
Net Assets
$585,738
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,972
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2
0.0%
Net Inventory Sales $0
Other Revenue -$77
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $585,738
Total Liabilities $0
Net Assets $585,738
Compensation
Key Employees and Officers Compensation Related Other
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Judy Britt (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
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Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,109
Expenses
$27,148
Net Income
-$22,039
Net Assets
$504,174
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,337
> 100%
Program Services $0
Investment Income $16,549
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$16,777
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $504,174
Total Liabilities $0
Net Assets $504,174
Compensation
Key Employees and Officers Compensation Related Other
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Judy Britt (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 8, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,556
Expenses
$33,356
Net Income
$7,200
Net Assets
$518,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,943
49.2%
Program Services $0
Investment Income $20,614
50.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $518,578
Total Liabilities $0
Net Assets $518,578
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 5, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,698
Expenses
$49,412
Net Income
-$4,714
Net Assets
$454,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,018
40.3%
Program Services $0
Investment Income $22,412
50.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,268
9.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $454,303
Total Liabilities $0
Net Assets $454,303
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,190
Expenses
$36,893
Net Income
$5,297
Net Assets
$525,455
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,371
43.5%
Program Services $0
Investment Income $20,543
48.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,276
7.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $525,455
Total Liabilities $0
Net Assets $525,455
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,526
Expenses
$23,887
Net Income
$1,639
Net Assets
$463,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,501
33.3%
Program Services $0
Investment Income $17,023
66.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $2
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $463,215
Total Liabilities $0
Net Assets $463,215
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 1, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,504
Expenses
$33,589
Net Income
$13,915
Net Assets
$439,127
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,146
52.9%
Program Services $0
Investment Income $17,181
36.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,177
10.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $439,127
Total Liabilities $0
Net Assets $439,127
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,117
Expenses
$30,825
Net Income
$16,292
Net Assets
$395,695
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,801
46.3%
Program Services $0
Investment Income $12,576
26.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,740
27.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $395,695
Total Liabilities $0
Net Assets $395,695
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,476
Expenses
$22,027
Net Income
-$4,551
Net Assets
$361,480
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,444
65.5%
Program Services $0
Investment Income $6,014
34.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $361,480
Total Liabilities $0
Net Assets $361,480
Compensation
Key Employees and Officers Compensation Related Other
Judy Britt (Director) $0 $0 $0
Margaret Hubbard (Director) $0 $0 $0
Christopher Nolen (Director) $0 $0 $0
Dale Profitt (President) $0 $0 $0
Gino Williams (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,835
Expenses
$22,250
Net Income
-$10,415
Net Assets
$344,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,638
98.3%
Program Services $0
Investment Income $9,612
81.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,506
Net Inventory Sales $0
Other Revenue $91
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $344,439
Total Liabilities $0
Net Assets $344,439

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,315
Expenses
$28,545
Net Income
-$5,230
Net Assets
$330,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,514
45.1%
Program Services $0
Investment Income $12,801
54.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $330,901
Total Liabilities $0
Net Assets $330,901

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

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