LET GROW INC (EIN 822643800) - 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

2017

Legal Domicile

Principal Officer

ANDREA KEITH

Phone

8445924769

Tax Period

2024-01-01 to 2024-12-31

LET GROW INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 56% operating margin.

Mission

TO SUPPORT AND PROMOTE THE DEVELOPMENT OF HEALTHY, CONFIDENT AND INDEPENDENT CHILDREN AND PROVIDE SUPPORT FOR THEIR PARENTS THROUGH EDUCATION, RESEARCH AND OTHER ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,967,191

Program Service Revenue $42,421

Investment Income $47,389

Other Revenue $0

TOTAL REVENUE $2,057,001

Expense Breakdown

Grants Paid $9,000

Salaries & Benefits $569,805

Fundraising Expenses $138,101

Program Expenses $593,743

Other Expenses $321,176

TOTAL EXPENSES $899,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,057,001	$1,098,385	+0.9%
Expenses	$899,981	$762,539	+0.2%
Net Income	$1,157,020	$335,846	+2.4%

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

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

$382,649

Total Directors

$189,924

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LENORE SKENAZY	PRESIDENT/SECRETARY	40.00	Officer Director	$174,848	$15,076	$189,924
DANIEL SHUCHMAN	CHAIR/TREASURER	1.00	Officer Director	$0	$0	$0
JONATHAN HAIDT	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA BOARDMAN	DIRECTOR	1.00	Director	$0	$0	$0
PETER GRAY	DIRECTOR (THRU JULY)	1.00	Director	$0	$0	$0
ANDREA KEITH	EXECUTIVE DIRECTOR	40.00	Officer	$175,331	$17,394	$192,725

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	$2,057,001	$899,981	$2,226,256	$1,157,020
2023	$1,098,385	$762,539	$1,057,986	$335,846
2022	$918,935	$571,530	$723,040	$347,405
2021	$968,172	$877,403	$386,660	$90,769
2020	$1,494,716	$1,460,670	$349,002	$34,046
2019	$654,276	$734,460	$272,276	$-80,184
2018	$780,228	$471,068	$367,745	$309,160

LET GROW INC