THE LELT FOUNDATION INC

EIN: 453179626 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$215,691
Total Expenses
$306,982
Total Assets
$608,354
Net Assets
$607,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
Anja Wood
Phone
2125576800
Tax Period
2024-01-01 to 2024-12-31

THE LELT FOUNDATION INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $216K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $307K exceeded revenue, resulting in a 42% operating deficit.

Mission

Lelt Foundation Inc. is dedicated to breaking the cycle of poverty through education, quality nutrition and job creation resulting in more sustainable communities in Kara Kore and Hosanna, Ethiopia. All activities are performed with complete financial transparency.

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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 (2024)

Revenue Breakdown

Contributions & Grants $214,452
Program Service Revenue $0
Investment Income $1,239
Other Revenue $0
TOTAL REVENUE $215,691

Expense Breakdown

Grants Paid $285,796
Salaries & Benefits $0
Fundraising Expenses $2,793
Program Expenses $287,945
Other Expenses $21,186
TOTAL EXPENSES $306,982

Year-over-Year Comparison

2024 2023 Change
Revenue $215,691 $390,782 -0.4%
Expenses $306,982 $288,553 +0.1%
Net Income $-91,291 $102,229 -1.9%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anja Wood President 40.00
Officer Director
$0 $0 $0
Carlos Cabrera Director 5.00
Director
$0 $0 $0
Jay Sternstein Treasurer 12.00
Officer Director
$0 $0 $0
Jeffrey Weiser Director 2.00
Director
$0 $0 $0
Candace Prezens Director 1.00
Director
$0 $0 $0
Diane Curley Director 1.00
Director
$0 $0 $0
Danielle Schmidt Director 1.00
Director
$0 $0 $0
Wonde Pawlose Director 1.00
Director
$0 $0 $0
Suzzy McLean Secretary 1.00
Officer 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 $215,691 $306,982 $608,354 $-91,291
2023 $390,782 $288,553 $699,400 $102,229
2022 $311,146 $204,791 $597,199 $106,355
2021 $289,715 $364,302 $493,561 $-74,587
2020 $323,328 $285,419 $568,570 $37,909
2019 $405,733 $287,657 $528,869 $118,076
2018 $303,745 $246,110 $409,403 $57,635
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