Civic Intelligence

Let Them Lol Inc

990 • Fiscal year 2015 • EIN 27-4826987

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 14, 2016

8672 Stahley RdEast Amherst, NY 14051

(716) 536-3004

Siviq Scores

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

Liabilities / Assets

71st percentile

0.08x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • NTEE Q • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.10x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • NTEE Q • $500k-$1M nonprofits • Source year 2015

Net Margin

21st percentile

-9.3%

Higher net margin than 21% of similar nonprofits.

2015 filings • NTEE Q • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

61st percentile

$36,350

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2015 filings • NTEE Q • $500k-$1M nonprofits • Source year 2015

Asset Growth

26th percentile

-5.7%

Faster asset growth than 26% of similar nonprofits.

2015 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-8.2%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$615,388

Down $37,453 (-5.7%) from 2014

Net Assets

Down

$564,901

Down $48,725 (-7.9%) from 2014

Liabilities

Up

$50,487

Up $11,272 (+29%) from 2014

Revenue

Down

$521,611

Down $46,781 (-8.2%) from 2014

Expenses

Up

$570,335

Up $32,676 (+6.1%) from 2014

Net Income

Down

-$48,724

Down $79,457 (-259%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $218,482Liabilities 2012: $6,387Net Assets 2012: $212,0952012Assets 2013: $613,885Liabilities 2013: $30,992Net Assets 2013: $582,8932013Assets 2014: $652,841Liabilities 2014: $39,215Net Assets 2014: $613,6262014Assets 2015: $615,388Liabilities 2015: $50,487Net Assets 2015: $564,9012015Assets 2016: $955,192Liabilities 2016: $319,774Net Assets 2016: $635,4182016Assets 2017: $967,742Liabilities 2017: $301,403Net Assets 2017: $666,3392017Assets 2018: $905,510Liabilities 2018: $286,162Net Assets 2018: $619,3482018Assets 2019: $882,559Liabilities 2019: $278,995Net Assets 2019: $603,5642019Assets 2020: $1,517,782Liabilities 2020: $483,692Net Assets 2020: $1,034,0902020Assets 2021: $2,426,136Liabilities 2021: $1,072,897Net Assets 2021: $1,353,2392021Assets 2022: $3,191,220Liabilities 2022: $1,488,498Net Assets 2022: $1,702,7222022Assets 2024: $2,950,088Liabilities 2024: $1,752,080Net Assets 2024: $1,198,0082024

Highlighted filing

2015

Assets$615,388
Liabilities$50,487
Net Assets$564,901

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $221,3362012Revenue 2013: $763,210Expenses 2013: $392,414Net Income 2013: $370,7962013Revenue 2014: $568,392Expenses 2014: $537,659Net Income 2014: $30,7332014Revenue 2015: $521,611Expenses 2015: $570,335Net Income 2015: -$48,7242015Revenue 2016: $736,646Expenses 2016: $666,130Net Income 2016: $70,5162016Revenue 2017: $743,519Expenses 2017: $712,598Net Income 2017: $30,9212017Revenue 2018: $849,693Expenses 2018: $819,498Net Income 2018: $30,1952018Revenue 2019: $766,375Expenses 2019: $782,159Net Income 2019: -$15,7842019Revenue 2020: $1,034,652Expenses 2020: $604,126Net Income 2020: $430,5262020Revenue 2021: $1,192,470Expenses 2021: $873,321Net Income 2021: $319,1492021Revenue 2022: $1,283,460Expenses 2022: $934,012Net Income 2022: $349,4482022Revenue 2024: $924,483Expenses 2024: $930,197Net Income 2024: -$5,7142024

Highlighted filing

2015

Revenue$521,611
Expenses$570,335
Net Income-$48,724
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 14, 2016
Return Version
2015v2.1
Gross Receipts
$521,611
Mission and Program Overview

Mission

Provide support for childrens orphanage in Sierra Leone, Africa for an area the size of approx 2 USA counties, create water projects including drilling of new wells in Sierra Leone, as well as maintain well filters in Sierra Leone

Provide support for childrens orphanage in Sierre Leone, Africa for an area the size of approx 2 USA counties, create water projects including drilling of new wells in Sierre Leone, as well as maintain well filters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$368,503$349,635▼ $18,868
Cash and Non-Interest-Bearing Accounts$218,645$203,608▼ $15,037
Inventories for Sale or Use$6,745$14,231▲ $7,486
Total Assets$652,841$615,388▼ $37,453
Other Assets Total$58,948$47,914▼ $11,034
Liabilities
Accounts Payable and Accrued Expenses$23,313$47,870▲ $24,557
Other Liabilities$15,902$2,617▼ $13,285
Total Liabilities$39,215$50,487▲ $11,272
Net Assets / Fund Balance
Permanently Rstr Net Assets$300,000$300,000→ $0
Temporarily Rstr Net Assets$224,936$207,762▼ $17,174
Unrestricted Net Assets$88,690$57,139▼ $31,551
Total Net Assets Fund Balance$613,626$564,901▼ $48,725
Total Liabilities and Net Assets / Fund Balance$652,841$615,388▼ $37,453

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$304,909$10,330$315,239
Other Land Buildings$38,426$44,765$83,191
Land$6,300-$6,300
Other Assets Org$47,914--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathleen VacantiPresidentPT$36,350$36,350

Board Members and Trustees

NameTitle
David MalcolmOfficer
John CammaranoOfficer
T Scott GreeneOfficer
Joseph VacantiTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$506,662
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$14,949
All Other Contributions
$401,946
Change in Net Assets
$-48,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$418,018
Other Expenses$97,232
Salaries, Compensation, and Employee Benefits$55,085
Total Fundraising Expense$46,737
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$418,018--$418,018
Office Expenses-$6,595$38,303$44,898
Depreciation Depletion$30,453$6,095-$36,548
Current Officers, Directors, Trustees, and Key Employees-$35,350-$35,350
Payroll Taxes-$15,253-$15,253
Other Salaries and Wages$3,536$946-$4,482
Fees for Services Accounting-$2,475-$2,475
Travel-$1,112$97$1,209
Other Expenses-$1,587$427$427
Total Functional Expenses$452,007$71,591$46,737$570,335
International Activity

International Summary

Spending
$418,018

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaWell DrillingWater--$367,856
Sub-Saharan AfricaSupport Orphanage in Sierre LeoneOrphanage--$50,162
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$106,871$106,871-$106,871
Total Events$106,871$106,871-$106,871
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$1,680
Federal income taxes$487
2014 Gala Deposits$450
Sierre Leone Mission Travel Deposit-
Accrued Payroll Taxes-
Unearned or Deferred Revenue-
Accrued Well Mnt Sponsorship-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Let Them Lol Inc
EIN
27-4826987
Phone
7165363004
Address
8672 STAHLEY RD, EAST AMHERST, NY 14051

Signing Officer

Name
Kathleen Vacanti President
Title
President
Signed
2016-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Vacanti
Formed
2011
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
0
Employees
5

Preparer

Firm
Earl A Ketry Accountant
Address
278 Main St, West Seneca, NY 14224
Preparer
Earl A Ketry
Phone
7166758098
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 67,214, Grants and allocations 0, Revenue 60,020 Fund Mission trips to introduce volunteers and contributors to daily operations in Sierre Leone

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt016101
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt021298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04319
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02038
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt058705
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0300000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0300000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01908034
IRS990ScheduleA/PublicSupportTotal509Amt02196186
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0521612
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0568393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0763210
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0293928
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt049043
IRS990ScheduleA/Total509Grp/TotalAmt02196186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0521611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0568393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0463210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0293928
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt060892
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01908034
IRS990ScheduleA/TotalSupportAmt02208034
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0521612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0568393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0763210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0293928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049043
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02196186
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0304909
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010330
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0315239
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt06300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt047914
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Documentary Video Camera
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Prepaid Event Expense
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Prepaid Gala Expense
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Prepaid Sierre Leone Missionary Expenses
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Prepaid Travel Expense
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Undeposited Funds
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038426
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044765
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt083191
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0487
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc12014 Gala Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales Tax Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Sierre Leone Mission Travel Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Accrued Payroll Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Unearned or Deferred Revenue
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Accrued Well Mnt Sponsorship
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0349635
IRS990ScheduleD/TotalBookValueOtherAssetsAmt047914
IRS990ScheduleD/TotalLiabilityAmt02617
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0367856
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt150162
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0WATER
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1ORPHANAGE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0WELL DRILLING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1SUPPORT ORPHANAGE IN SIERRE LEONE
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0367856
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt150162
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0To Provide Clean water to Sierra Leone Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1Support orphanage in Sierra Leone Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0418018
IRS990ScheduleF/TotalOtherOrgCnt02
IRS990ScheduleF/TotalSpentAmt0418018
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Annual Fundraiser for clean water
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0true
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0106871
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Annual Gala
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0106871
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0153 Franklin St
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Buffalo
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd014202
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0106871
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0106871
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0106871
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0106871
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0106871
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0106871
IRS990ScheduleG/TotalRetainedByContractorsAmt0106871
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 67,214, Grants and allocations 0, Revenue 60,020 Fund Mission trips to introduce volunteers and contributors to daily operations in Sierre Leone
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0224936
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0207762
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0652841
IRS990/TotalAssetsEOYAmt0615388
IRS990/TotalAssetsGrp/BOYAmt0652841
IRS990/TotalAssetsGrp/EOYAmt0615388

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.95$1.75$1.20$0.92$0.93$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$1.49$1.70$1.28$0.93$0.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$1.07$1.35$1.19$0.87$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.48$1.03$1.03$0.60$0.43
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.28$0.60$0.77$0.78$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.29$0.62$0.85$0.82$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.30$0.67$0.74$0.71$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.32$0.64$0.74$0.67$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.05$0.56$0.52$0.57$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.65$0.04$0.61$0.57$0.54$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$0.76$0.39$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.01$0.21$0.22