Civic Intelligence

Lets Be Smart Inc

990EZ • Fiscal year 2020 • EIN 20-4051556

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 29, 2022

122 E 57th Street Suite 4RNew York, NY 10022

(646) 217-4714

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

10.48x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

0.7%

Higher net margin than 42% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$1,140

No earlier filing loaded for comparison.

Net Assets

-$10,808

No earlier filing loaded for comparison.

Liabilities

$11,948

No earlier filing loaded for comparison.

Revenue

$111,650

No earlier filing loaded for comparison.

Expenses

$110,823

No earlier filing loaded for comparison.

Net Income

$827

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$10K$0-$10K-$20KAssets 2020: $1,140Liabilities 2020: $11,948Net Assets 2020: -$10,8082020Assets 2021: $2,503Liabilities 2021: $11,947Net Assets 2021: -$9,4442021Assets 2022: $5,527Liabilities 2022: $1,768Net Assets 2022: $3,7592022Assets 2023: $7,214Liabilities 2023: $1,769Net Assets 2023: $5,4452023Assets 2024: $5,706Liabilities 2024: $1,769Net Assets 2024: $3,9372024

Highlighted filing

2020

Assets$1,140
Liabilities$11,948
Net Assets-$10,808

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $111,650Expenses 2020: $110,823Net Income 2020: $8272020Revenue 2021: $232,462Expenses 2021: $231,098Net Income 2021: $1,3642021Revenue 2022: $219,350Expenses 2022: $206,147Net Income 2022: $13,2032022Revenue 2023: $126,617Expenses 2023: $124,931Net Income 2023: $1,6862023Revenue 2024: $153,031Expenses 2024: $154,539Net Income 2024: -$1,5082024

Highlighted filing

2020

Revenue$111,650
Expenses$110,823
Net Income$827
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 29, 2022
Return Version
2020v4.0
Gross Receipts
$111,650
Mission and Program Overview

Mission

Aims to educate about the importance of animals by raising the awareness level for their rights, well-being, and care. The organization focuses on bringing communities together to promote responsible care of animals through events and hopes to foster the practice of understanding and compassion with animals. Promoting adoption/fostering programs and activities that aim to improve the livelihood of animals and support sanctuaries and other projects, are integral part of our mission.

Program Services

DescriptionGrantsExpenses
LET'S BE S.M.A.R.T. STEPS IN TO PROVIDE ACCESSIBLE EDUCATION, PRACTICAL FOR BOTH CHILDREN AND ADULTS, ABOUT THE IMPORTANCE OF ANIMALS, HOW TO CARE FOR THEM, AND THE BENEFITS HUMANS REAP FROM ENGAGING WITH THEM. OUR PAWZITIVE PROGRAM AND PUBLISHING VARIOUS EDUCATION MATERIAL PROMOTE THE HEALTH AND WELL-BEING OF ANIMALS AND THEIR RELATION TO HUMAN BEINGS FOR SOCIAL AND HEALTH BENEFITS. LET'S BE S.M.A.R.T. ALSO RUNS A SHELTER IN GREECE WHICH WORKS TO RESCUE CATS IN NEED AND FIND ADOPTIVE, LOVING FOREVER HOMES. LET'S BE S.M.A.R.T. ORGANIZES A VARIETY OF EVENTS DESIGNED TO BRING COMMUNITIES TOGETHER WITH THE COMMON GOAL OF FACILITATING AND ENCOURAGING THE RESPONSIBLE CARE OF ANIMALS. ALL OF OUR EVENTS PAIR HANDS-ON ACTIVITIES FOR ALL AGES WITH EDUCATION ABOUT ANIMAL BENEFITS. LET'S BE S.M.A.R.T. FOCUSES ON THE IMPLEMENTATION OF SOLUTION-MINDED PROGRAMS. PROGRAMS MAY INCLUDE EDUCATION ABOUT HOW TO CARE FOR ANIMALS ON A LIMITED BUDGET OR SMALL LIVING QUARTERS, AND PROPER STRAY CARE AND PET CARE.-$91,048
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLENE CAPRIOPresidentPT$0--
MARY JO KEEBLEDirectorPT$0--
JULIE KELLEYTreasurerPT$0--
SHAYENNA TELLESSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
LET'S BE SMART INC
EIN
20-4051556
Phone
6462174714
Address
122 E 57TH STREET SUITE 4R, NEW YORK, NY 10022

Signing Officer

Name
Julie Kelley
Title
Treasurer
Phone
6462174714
Signed
2022-04-29
Discuss with paid preparer
Yes

Preparer

Firm
Jonathan D Leone Ea CPA Mst
Address
63 WEPAWAUG RD, WOODBRIDGE, CT 06525-2424
Preparer
Jonathan D Leone
Phone
2032145073
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Masks sales 1,092 total 1,092

Form 990-ez, Part I, Line 16

Expenses advertising, marketing & web 1,387 marketing/social media svcs 13,488 smart hero videos 2,762 meetings 12 commissions 3 pet adoption expenses 13,364 pet food and supplies 17,641 veterinary expenses 32,920 dues and subscriptions 183 materials and supplies 1,852 bank & service charges 1,353 total 84,965

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 182 181 loans from officers 11,982 11,767

Form 990-ez, Part III

Aims to educate about the importance of animals by raising the awareness level for their rights, well-being, and care. The organization focuses on bringing communities together to promote responsible care of animals through events and hopes to foster the practice of understanding and compassion with animals. Promoting adoption/fostering programs and activities that aim to improve the livelihood of animals and support sanctuaries and other projects, are integral part of our mission.

Form 990-ez, Part III, Line 28

Let's be s.m.a.r.t. Steps in to provide accessible education, practical for both children and adults, about the importance of animals, how to care for them, and the benefits humans reap from engaging with them. Our pawzitive program and publishing various education material promote the health and well-being of animals and their relation to human beings for social and health benefits. Let's be s.m.a.r.t. Also runs a shelter in greece which works to rescue cats in need and find adoptive, loving forever homes. Let's be s.m.a.r.t. Organizes a variety of events designed to bring communities together with the common goal of facilitating and encouraging the responsible care of animals. All of our events pair hands-on activities for all ages with education about animal benefits. Let's be s.m.a.r.t. Focuses on the implementation of solution-minded programs. Programs may include education about how to care for animals on a limited budget or small living quarters, and proper stray care and pet care.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MASKS SALES 1,092 TOTAL 1,092
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING, MARKETING & WEB 1,387 MARKETING/SOCIAL MEDIA SVCS 13,488 SMART HERO VIDEOS 2,762 MEETINGS 12 COMMISSIONS 3 PET ADOPTION EXPENSES 13,364 PET FOOD AND SUPPLIES 17,641 VETERINARY EXPENSES 32,920 DUES AND SUBSCRIPTIONS 183 MATERIALS AND SUPPLIES 1,852 BANK & SERVICE CHARGES 1,353 TOTAL 84,965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 182 181 LOANS FROM OFFICERS 11,982 11,767
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AIMS TO EDUCATE ABOUT THE IMPORTANCE OF ANIMALS BY RAISING THE AWARENESS LEVEL FOR THEIR RIGHTS, WELL-BEING, AND CARE. THE ORGANIZATION FOCUSES ON BRINGING COMMUNITIES TOGETHER TO PROMOTE RESPONSIBLE CARE OF ANIMALS THROUGH EVENTS AND HOPES TO FOSTER THE PRACTICE OF UNDERSTANDING AND COMPASSION WITH ANIMALS. PROMOTING ADOPTION/FOSTERING PROGRAMS AND ACTIVITIES THAT AIM TO IMPROVE THE LIVELIHOOD OF ANIMALS AND SUPPORT SANCTUARIES AND OTHER PROJECTS, ARE INTEGRAL PART OF OUR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LET'S BE S.M.A.R.T. STEPS IN TO PROVIDE ACCESSIBLE EDUCATION, PRACTICAL FOR BOTH CHILDREN AND ADULTS, ABOUT THE IMPORTANCE OF ANIMALS, HOW TO CARE FOR THEM, AND THE BENEFITS HUMANS REAP FROM ENGAGING WITH THEM. OUR PAWZITIVE PROGRAM AND PUBLISHING VARIOUS EDUCATION MATERIAL PROMOTE THE HEALTH AND WELL-BEING OF ANIMALS AND THEIR RELATION TO HUMAN BEINGS FOR SOCIAL AND HEALTH BENEFITS. LET'S BE S.M.A.R.T. ALSO RUNS A SHELTER IN GREECE WHICH WORKS TO RESCUE CATS IN NEED AND FIND ADOPTIVE, LOVING FOREVER HOMES. LET'S BE S.M.A.R.T. ORGANIZES A VARIETY OF EVENTS DESIGNED TO BRING COMMUNITIES TOGETHER WITH THE COMMON GOAL OF FACILITATING AND ENCOURAGING THE RESPONSIBLE CARE OF ANIMALS. ALL OF OUR EVENTS PAIR HANDS-ON ACTIVITIES FOR ALL AGES WITH EDUCATION ABOUT ANIMAL BENEFITS. LET'S BE S.M.A.R.T. FOCUSES ON THE IMPLEMENTATION OF SOLUTION-MINDED PROGRAMS. PROGRAMS MAY INCLUDE EDUCATION ABOUT HOW TO CARE FOR ANIMALS ON A LIMITED BUDGET OR SMALL LIVING QUARTERS, AND PROPER STRAY CARE AND PET CARE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
TransferPrsnlBnftContractsDecl/DeclarationDesc0(A) DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT?......... NO (B) DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT?......................... NO
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE KELLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06462174714
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LET'S BE SMART INC
ReturnHeader/Filer/BusinessNameControlTxt0LETS
ReturnHeader/Filer/EIN0204051556
ReturnHeader/Filer/PhoneNum06462174714
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0065252424
ReturnHeader/PreparerPersonGrp/PhoneNum02032145073
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN D LEONE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-11T16:22:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KELLEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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