LET'S BE SMART INC (EIN 204051556) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

JULIE KELLEY

Phone

6462174714

Tax Period

2023-01-01 to 2023-12-31

LET'S BE SMART INC, founded in 2017, is a small nonprofit in the Animal-Related sector that reported $127K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

AIMS TO EDUCATE ABOUT THE IMPORTANCE OF ANIMALS BY RAISING THE AWARENESS LEVEL FOR THEIR RIGHTS, WELL-BEING, AND CARE. THE ORGANIZATION FOCUSES ON BRINGING COMMUNITIES TOGETHER TO PROMOTE RESPONSIBLE CARE OF ANIMALS THROUGH EVENTS AND HOPES TO FOSTER THE PRACTICE OF UNDERSTANDING AND COMPASSION WITH ANIMALS. PROMOTING ADOPTION/FOSTERING PROGRAMS AND ACTIVITIES THAT AIM TO IMPROVE THE LIVELIHOOD OF ANIMALS AND SUPPORT SANCTUARIES AND OTHER PROJECTS, ARE INTEGRAL PART OF OUR MISSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,994

Program Service Revenue $0

Investment Income $0

Other Revenue $623

TOTAL REVENUE $126,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,034

Other Expenses $124,931

TOTAL EXPENSES $124,931

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,617	$219,350	-0.4%
Expenses	$124,931	$206,147	-0.4%
Net Income	$1,686	$13,203	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOMMY ARVANITIDIS	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARY JO KEEBLE	DIRECTOR	N/A	Director	$0	$0	$0
JULIE KELLEY	TREASURER	N/A	Officer Director	$0	$0	$0
SHAYENNA TELLES	SECRETARY	N/A	Officer Director	$0	$0	$0
MONICA TAYLOR	DIRECTOR	N/A	Director	$0	$0	$0
ERICA VAN REEL	DIRECTOR	N/A	Director	$0	$0	$0
MARLY CRUIKSHANK	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$126,617	$124,931	$7,214	$1,686
2022	$219,350	$206,147	$5,527	$13,203
2021	$232,462	$231,098	$2,503	$1,364

LET'S BE SMART INC