LETS START INC (EIN 431601320) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Tax Period

2017-09-01 to 2018-08-31

LETS START INC, founded in 1989, is a small nonprofit that reported $191K in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $285K exceeded revenue, resulting in a 49% operating deficit.

Mission

LETS START AIMS TO BREAK THE CYCLE OF INCARCERATION IN FAMILIES BY WORKING WITH FORMERLY INCARCERATED WOMEN AND THEIR CHILDREN TO SUPPORT RE-ENTRY AND RECOVERY, MITIGATE THE IMPACT OF PARENTAL IMPRISONMENT, EDUCATE THE PUBLIC AND INFORM POLICY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $189,383

Program Service Revenue $0

Investment Income $1,437

Other Revenue $212

TOTAL REVENUE $191,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,235

Fundraising Expenses $32,311

Program Expenses $219,554

Other Expenses $106,757

TOTAL EXPENSES $284,992

Year-over-Year Comparison

	2017	2016	Change
Revenue	$191,032	$175,811	+0.1%
Expenses	$284,992	$267,449	+0.1%
Net Income	$-93,960	$-91,638	+0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

142

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
FAYE ABRAM	BOARD MEMBER	0.50	Director	$0	$0	$0
LAKESHA ROBINSON	BOARD MEMBER	0.50	Director	$0	$0	$0
STEPHANIE KUT	BOARD MEMBER	0.50	Director	$0	$0	$0
JACKIE TOBEN	BOARD MEMBER and FOUNDER	0.50	Director	$0	$0	$0
YOLANDA BAKER	BOARD MEMBER	0.50	Director	$0	$0	$0
REGINA HEARD	BOARD MEMBER	0.50	Director	$0	$0	$0
JILL EVANS PETZALL	BOARD MEMBER	0.50	Director	$0	$0	$0
DEBRA DIXON	BOARD MEMBER	0.50	Director	$0	$0	$0
SUSAN WALKER	BOARD MEMBER	0.50	Director	$0	$0	$0
MARTHA WHITTED	BOARD MEMBER	0.50	Director	$0	$0	$0
AISHA WHITE	TREASURER	2.00	Officer	$0	$0	$0
CATHERINE KEEFE	PRESIDENT	2.00	Officer	$0	$0	$0
LUCY LIGGETT	VICE PRESIDENT	2.00	Officer	$0	$0	$0
RACHEL S CRAMSEY	EXECUTIVE DIRECTOR	40.00	Highest	$60,923	$2,538	$63,461

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
2018	$191,032	$284,992	$157,906	$-93,960

LETS START INC