Lets Make a Difference Inc

EIN: 473287474 501(c)(3) Community Improvement

NORFOLK, VA

Total Revenue
$16,709
Total Expenses
N/A
Total Assets
$2,280
Net Assets
$2,280
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Principal Officer
Veronica M Thomas
Phone
7576227412
Tax Period
2024-01-01 to 2024-12-31

Lets Make a Difference Inc is a micro nonprofit in the Community Improvement sector that reported $17K in total revenue in fiscal year 2024.

Mission

Lets make a difference is a coalition of faith-based and community organizations united to collaborate with local, state, and federal entities to enhance opportunities for the common good of people.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,709
Investment Income $0
Other Revenue $0
TOTAL REVENUE $16,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,429
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $16,709 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
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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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
5
Independent Members
N/A
Employees
5
Volunteers
N/A

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VeronicaThomas President 15
Officer
$0 $0 $0
Yvette Young Secretary 10
Officer
$0 $0 $0
Wayne Bell Jr Treasurer 5
Officer
$0 $0 $0
Sharon Riley FirstVice Pres 2
Officer
$0 $0 $0
Lana Pressley Parliamentaria 2
Officer
$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 $16,709 No data $2,280 No data
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