LETS BUILD

EIN: 845123235 501(c)(3) Youth Development

WATERVILLE, OH

Total Revenue
$397,471
Total Expenses
$236,947
Total Assets
$200,188
Net Assets
$200,188
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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
2020
Legal Domicile
OH
Principal Officer
Michael Horvath
Phone
5672460616
Tax Period
2025-01-01 to 2025-12-31

LETS BUILD, founded in 2020, is a small nonprofit in the Youth Development sector that reported $397K in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $161K, a strong 40% operating margin.

Mission

Our organization builds beds for disadvantaged children with no beds to sleep in throughout the Toledo Northwest Ohio and Southeast Michigan areas serving hundreds of children each year. Lets Build is completely manned by volunteer labor and all the officers and directors are unpaid volunteers as well. Apart from minimal interest income donations are our sole source of support. In fulfillment of our mission we are helping families and children in disadvantaged communities that are vastly underserved.

Program Service Accomplishments

Program 1
Expenses: $214,866 Revenue: $0

BEDS TO CHILDREN WITHOUT BEDS-- In partnership with hosting businesses churches & other groups we conduct bed builds where volunteers build deliver & set up beds set up beds in homes of children who...

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BEDS TO CHILDREN WITHOUT BEDS-- In partnership with hosting businesses churches & other groups we conduct bed builds where volunteers build deliver & set up beds set up beds in homes of children who help in the set up of their own beds. This year we delivered approximately 1,897 beds with approximately 2,977 volunteers building and or delivering & setting up beds.2,977

Program 2
Expenses: $0 Revenue: $0

ENCOURAGING & EQUIPPING VOLUNTEERS FOR COMMUNITY SERVICE-- Volunteers participation in our bed builds & delivery of beds to children is a fun & engaging way volunteers learn they can make a...

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ENCOURAGING & EQUIPPING VOLUNTEERS FOR COMMUNITY SERVICE-- Volunteers participation in our bed builds & delivery of beds to children is a fun & engaging way volunteers learn they can make a difference in our communities for those for whom the bare necessities are lacking. Their participation not only gives them construction skills but also serves to boost their confidence & encourage them to overcome hesitation to participate in face to face community service & volunteer in other community service construction projects. Note: This program service is an integral part of the program service activity describe in Item 4a above. As such the expenses are not separately allocable & are all reported in Item 4a above.

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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 (2025)

Revenue Breakdown

Contributions & Grants $397,418
Program Service Revenue $0
Investment Income $1
Other Revenue $52
TOTAL REVENUE $397,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $214,866
Other Expenses $236,947
TOTAL EXPENSES $236,947

Year-over-Year Comparison

2025 2024 Change
Revenue $397,471 $301,330 +0.3%
Expenses $236,947 $231,888 +0.0%
Net Income $160,524 $69,442 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Horvath Director 20.00
Director
$0 $0 $0
Shawna Horvath President 4.00
Officer Director
$0 $0 $0
Daniel Pellizzari Director 8.00
Director
$0 $0 $0
David Kaiser Director 1.00
Director
$0 $0 $0
Charlene Schumaker Secretary 7.00
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
2025 $397,471 $236,947 $200,188 $160,524
2024 No data No data No data No data
2023 $226,783 $142,506 $176,183 $84,277
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