LET'S CELEBRATE INC (EIN 222400132) - 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

1982

Legal Domicile

Principal Officer

Lester Lewis-Powder

Phone

2014335438

Tax Period

2023-01-01 to 2023-12-31

LET'S CELEBRATE INC, founded in 1982, is a small nonprofit in the Human Services sector that reported $940K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.

Mission

MOVE PEOPLE FROM HUNGER TO WHOLENESS Founded as an agency in 1982, a coalition of concerned ecumenical congregations designed Lets Celebrate to help satisfy the over-

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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 $884,664

Program Service Revenue $0

Investment Income $0

Other Revenue $55,000

TOTAL REVENUE $939,664

Expense Breakdown

Grants Paid $570,988

Salaries & Benefits $296,196

Fundraising Expenses $0

Program Expenses $1,038,741

Other Expenses $214,052

TOTAL EXPENSES $1,081,236

Year-over-Year Comparison

	2023	2022	Change
Revenue	$939,664	$1,236,733	-0.2%
Expenses	$1,081,236	$1,181,716	-0.1%
Net Income	$-141,572	$55,017	-3.6%

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

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lester Lewis-Powder	Executive Director	40.00	Officer	$100,000	$0	$100,000
Cheree Ogden	Member	2.00	Director	$0	$0	$0
Sandra Williams-Hagins	President	2.00	Officer	$0	$0	$0
Aaron Aska CPA	Treasurer	2.00	Officer	$0	$0	$0
William Mckenna	Chairperson Facility Committee	2.00	Director	$0	$0	$0
Alfredia Grant	Secretary	2.00	Officer	$0	$0	$0
Alberta Stewart	Member	2.00	Director	$0	$0	$0
Wilton Thomas-Hooke	Member	2.00	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	$939,664	$1,081,236	$338,306	$-141,572
2022	$1,236,733	$1,181,716	$498,549	$55,017
2021	$1,411,987	$1,224,842	$383,098	$187,145
2020	$1,254,388	$1,166,219	$213,084	$88,169
2019	$1,188,486	$1,195,192	$240,461	$-6,706
2018	$1,241,764	$1,193,903	$296,456	$47,861

LET'S CELEBRATE INC