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Education : Youth Education Programs and Services

Let's Get Ready

Students helping students to and through college

four stars

90.17

50 Broadway 25th Floor
New York, NY 10004
tel: (646) 808-2760   Web Site
EIN: 31-1698832

Board Leadership
Jeffrey Waters
Chair

CEO
Lena Eberhart
Interim Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 90.17 four stars
  Financial 86.10 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Let's Get Ready provides high school students from historically under-served communities and first-generation-to-college students with free SAT preparation, admission counseling and other support services needed to gain admission to and graduate from college. Services are provided by volunteer college students who also serve as role models and mentors.

Let's Get Ready envisions a future in which students from all socioeconomic backgrounds have the support they need to attain a college education.

Let's Get Ready provides high school students from historically under-served communities and first-generation-to-college students with free SAT preparation, admission counseling and other support services needed to gain admission to and graduate from college. Services are provided by volunteer college students who also serve as role models and mentors.

Let's Get Ready envisions a future in which students from all socioeconomic backgrounds have the support they need to attain a college education.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

86.10

Accountability & Transparency

four stars

100.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.1%
  Administrative Expenses 8.9%
  Fundraising Expenses 10.9%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 0.47
  Program Expenses Growth 10.5%
  Liabilities to Assets 8.2%
All data for Financial Performance Metrics calculations was provided by Let's Get Ready on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Let's Get Ready on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Let's Get Ready (NY) 90.17 four stars
Communities In Schools of Georgia (GA) 85.34 three stars
Youth On Their Own (AZ) 89.11 three stars
Umoja Student Development Corporation (IL) 92.25 four stars
New Jersey SEEDS (NJ) 90.41 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,445,479
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $777,930
   Related Organizations $0
   Government Grants $0
Total Contributions $3,223,409
   Program Service Revenue $298,282
Total Primary Revenue $3,521,691
   Other Revenue $19,933
TOTAL REVENUE $3,541,624
   
EXPENSES  
   Program Expenses $3,164,270
   Administrative Expenses $369,433
   Fundraising Expenses $436,194
TOTAL FUNCTIONAL EXPENSES $3,969,897
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-428,273
   
Net Assets $1,673,139

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-08 02/01/2020 90.17 four stars
2018-08 12/01/2019 82.90 three stars
2017-08 11/01/2018 92.03 four stars
2016-08 12/01/2017 91.62 four stars
2016-08 11/01/2017 86.78 three stars
2015-08 07/01/2016 91.51 four stars
2014-08 06/01/2016 88.44 three stars
 
CN 2.0
2014-08 02/01/2016 91.27 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1698832
Name in IRS Master File LETS GET READY INC
NTEE Code B90
NTEE Classification Educational Services and Schools - Other
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2018
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
Compensation % of Expenses Paid to Title
$185,400 4.67% Kathrine Mott Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Let's Get Ready (NY) 90.17 four stars
New Jersey SEEDS (NJ) 90.41 four stars
Living Classrooms Foundation (MD) 90.59 four stars
A Child's Place (NC) 85.40 three stars
AIM for Seva (PA) 90.28 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Let's Get Ready
50 Broadway
25th Floor
New York, NY 10004
tel: (646) 808-2760
fax: (646) 808-2770
EIN: 31-1698832

Visit Web Site

Board Leadership

Jeffrey Waters
Chair

CEO

Lena Eberhart
Interim Chief Executive Officer

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