LET THEM LOL INC

EIN: 274826987 501(c)(3) International Affairs

BUFFALO, NY

Total Revenue
$1,056,718
Total Expenses
$1,037,026
Total Assets
$3,151,147
Net Assets
$1,204,235
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
KATHLEEN VACANTI
Phone
7165363004
Tax Period
2023-01-01 to 2023-12-31

LET THEM LOL INC, founded in 2011, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

MANY PEOPLE IN THE WORLD TODAY EXPERIENCE UNJUST SUFFERING ONLY BECAUSE THEY LACK THE BASIC RESOURCES TO EMBRACE A BETTER FUTURE. WE EXIST TO EMPOWER COMMUNITIES THROUGH SUSTAINABLE DEVELOPMENT. WE ARE A GRASSROOTS ORGANIZATION; SCHOOLS, FAMILIES, CHURCHES, AND INDIVIDUALS UNITED TOGETHER TO BRING HOPE THROUGH CLEAN WATER. WE LOOK FORWARD TO BRINGING HOPE TO THE PEOPLE OF SIERRA LEONE.

Program Service Accomplishments

Program 1
Expenses: $140,254 Revenue: $56,560

PROVIDE CLEAN WATER TO THE PEOPLE OF SIERRA LEONE BY DRILLING FRESH WATER WELLS FOR THE PEOPLE TO HAVE ACCESS TOO.

Program 2
Expenses: $625,431 Revenue: $194,794

PROVIDE CARE TO 40+ CHILDREN INCLUDING A DORMITORY FOR VULNERABLE GIRLS AS WELL AS EDUCATION TO 609 IMPOVERISHED CHILDREN AT OUR SCHOOL, HOPE RISING ACADEMY. WE HAVE A WELL-MAINTENANCE TEAM PROVIDING...

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PROVIDE CARE TO 40+ CHILDREN INCLUDING A DORMITORY FOR VULNERABLE GIRLS AS WELL AS EDUCATION TO 609 IMPOVERISHED CHILDREN AT OUR SCHOOL, HOPE RISING ACADEMY. WE HAVE A WELL-MAINTENANCE TEAM PROVIDING JOB TRAINING AND EMPOWERMENT AS WELL AS NUTRITIOUS FOOD FOR THE CHILDREN WE CARE FOR. WE HAVE A MEDICAL FACILITY, BAKERY, COMMUNITY CENTER/INTERNET CAFE, AND OFFICES.

Program 3
Expenses: $2,486

FUND BUILDING PROJECTS FOR CHILDREN'S HOMES AND SCHOOLS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $897,123
Program Service Revenue $8,861
Investment Income $0
Other Revenue $150,734
TOTAL REVENUE $1,056,718

Expense Breakdown

Grants Paid $158,160
Salaries & Benefits $247,247
Fundraising Expenses $0
Program Expenses $1,001,226
Other Expenses $631,619
TOTAL EXPENSES $1,037,026

Year-over-Year Comparison

2023 2022 Change
Revenue $1,056,718 $1,283,460 -0.2%
Expenses $1,037,026 $934,012 +0.1%
Net Income $19,692 $349,448 -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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
1000

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
3
$65,000
Total Directors
5
$65,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN VACANTI PRESIDENT 32.00
Officer Director
$65,000 $0 $65,000
JOSEPH VACANTI TREASURER/SE 2.00
Officer Director
$0 $0 $0
JENNA GOLDSMITH DIRECTOR 2.00
Officer Director
$0 $0 $0
DONALD ARNTS DIRECTOR 2.00
Director
$0 $0 $0
ROBERT ANSTEY DIRECTOR 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 $1,056,718 $1,037,026 $3,151,147 $19,692
2022 $1,283,460 $934,012 $3,191,220 $349,448
2021 $1,192,470 $873,321 $2,426,136 $319,149
2020 $1,034,652 $604,126 $1,517,782 $430,526
2019 $766,375 $782,159 $882,559 $-15,784
2018 $849,693 $819,498 $905,510 $30,195
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