LET'S GROW KIDS INC (EIN 311802348) - 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

2000

Legal Domicile

Principal Officer

DERRICK DAVIS

Phone

8023883355

Tax Period

2023-01-01 to 2023-12-31

LET'S GROW KIDS INC, founded in 2000, is a community nonprofit in the Youth Development sector that reported $3.1M in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $6.3M exceeded revenue, resulting in a 104% operating deficit.

Mission

ENSURE EVERY VERMONT FAMILY HAS AFFORDABLE ACCESS TO HIGH-QUALITY CHILD CARE BY 2025.

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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 $2,891,948

Program Service Revenue $78,959

Investment Income $118,566

Other Revenue $0

TOTAL REVENUE $3,089,473

Expense Breakdown

Grants Paid $1,412,091

Salaries & Benefits $3,160,519

Fundraising Expenses $425,532

Program Expenses $4,616,753

Other Expenses $1,716,535

TOTAL EXPENSES $6,299,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,089,473	$7,279,233	-0.6%
Expenses	$6,299,575	$7,587,810	-0.2%
Net Income	$-3,210,102	$-308,577	+9.4%

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

899

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

$1,091,101

Total Directors

$290,462

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL SMITH	SECRETARY	4.00	Officer Director	$0	$60,936	$290,462
RICK DAVIS	PRESIDENT	4.00	Officer Director	$0	$0	$0
JENNIFER WILLIAMS	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
TOM MACLEAY	TREASURER	4.00	Officer Director	$0	$0	$0
ALAN GUTTMACHER	DIRECTOR	2.00	Director	$0	$0	$0
LYNETTE FRAGA PHD	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE ASCH	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINE DODSON	DIRECTOR	2.00	Director	$0	$0	$0
MEG SEELY	DIRECTOR	2.00	Director	$0	$0	$0
ALYSON RICHARDS	CHIEF EXECUTIVE OFFICER	40.00	Officer	$218,243	$17,472	$235,715
EMILIE TENENBAUM	CHIEF OF EXTERNAL AFFAIRS AND STRATEGY	40.00	Officer	$123,500	$11,978	$135,478
LUCIA CAMPRIELLO	CHIEF DEVELOPMENT OFFICER	40.00	Officer	$85,732	$29,363	$115,095
SARAH KENNEY	SR DIRECTOR OF POLICY AND FIELD	40.00	Officer	$122,982	$40,486	$163,468
CHERYL CARLSON	CHIEF PROGRAM OFFICER	40.00	Officer	$111,921	$38,962	$150,883

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	$3,089,473	$6,299,575	$9,924,221	$-3,210,102
2022	$7,279,233	$7,587,810	$13,181,308	$-308,577
2021	$6,662,036	$7,689,851	$13,471,171	$-1,027,815
2020	$4,960,615	$7,734,545	$14,258,724	$-2,773,930
2019	$9,425,200	$5,646,669	$17,464,153	$3,778,531
2018	$3,084,254	$5,674,022	$13,147,955	$-2,589,768

LET'S GROW KIDS INC