Civic Intelligence

Lets Start Inc

EIN 43-1601320 • 501(c)3 • Saint Louis, MO

Profile

Lets start aims to break the cycle of incarceration in families by working with formerly incarcerated women and their children to support re-entry and recovery, mitigate the impact of parental imprisonment, educate the public and inform policy

1408 S 10th StSaint Louis, MO 63104-3725

letsstart.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

14th percentile

-49%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$55,798

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

19th percentile

-44%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

8.7%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$157,906

Down $123,747 (-44%) from 2017

Liabilities

Down

$5,734

Down $29,788 (-84%) from 2017

Net Assets

Down

$152,172

Down $93,959 (-38%) from 2017

Revenue

Up

$191,032

Up $15,221 (+8.7%) from 2017

Expenses

Up

$284,992

Up $17,543 (+6.6%) from 2017

Net Income

Down

-$93,960

Down $2,322 (-2.5%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $305,133Liabilities 2011: $19,328Net Assets 2011: $285,8052011Assets 2012: $319,696Liabilities 2012: $48,677Net Assets 2012: $271,0192012Assets 2013: $288,941Liabilities 2013: $32,377Net Assets 2013: $256,5642013Assets 2014: $358,770Liabilities 2014: $4,236Net Assets 2014: $354,5342014Assets 2015: $428,262Liabilities 2015: $42,763Net Assets 2015: $385,4992015Assets 2016: $368,450Liabilities 2016: $30,681Net Assets 2016: $337,7692016Assets 2017: $281,653Liabilities 2017: $35,522Net Assets 2017: $246,1312017Assets 2018: $157,906Liabilities 2018: $5,734Net Assets 2018: $152,1722018

Highlighted filing

2018

Assets$157,906
Liabilities$5,734
Net Assets$152,172

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $294,8882011Expenses 2012: $301,7862012Revenue 2013: $235,555Expenses 2013: $155,793Net Income 2013: $79,7622013Revenue 2014: $294,112Expenses 2014: $196,142Net Income 2014: $97,9702014Revenue 2015: $264,543Expenses 2015: $233,578Net Income 2015: $30,9652015Revenue 2016: $234,447Expenses 2016: $282,177Net Income 2016: -$47,7302016Revenue 2017: $175,811Expenses 2017: $267,449Net Income 2017: -$91,6382017Revenue 2018: $191,032Expenses 2018: $284,992Net Income 2018: -$93,9602018

Highlighted filing

2018

Revenue$191,032
Expenses$284,992
Net Income-$93,960

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Feb 4, 2019
Return Version
2017v2.2
Gross Receipts
$191,032
Mission and Program Overview

Mission

Lets start aims to break the cycle of incarceration in families by working with formerly incarcerated women and their children to support re-entry and recovery, mitigate the impact of parental imprisonment, educate the public and inform policy

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$272,249$151,147▼ $121,102
Prepaid Expenses and Deferred Charges$7,993$6,464▼ $1,529
Accounts Receivable$938--
Land, Buildings, and Equipment, Net$473$295▼ $178
Total Assets$281,653$157,906▼ $123,747
Liabilities
Deferred Revenue$33,440--
Accounts Payable and Accrued Expenses$2,082$5,734▲ $3,652
Total Liabilities$35,522$5,734▼ $29,788
Net Assets / Fund Balance
Unrestricted Net Assets$231,978$152,172▼ $79,806
Temporarily Rstr Net Assets$14,153--
Total Net Assets Fund Balance$246,131$152,172▼ $93,959
Total Liabilities and Net Assets / Fund Balance$281,653$157,906▼ $123,747

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$295$4,241$4,536
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel S CramseyExecutive DirectorFT$60,923$2,538$63,461

Board Members and Trustees

NameTitle
Catherine KeefePresident
Lucy LiggettVice President
Debra DixonBoard Member
Faye AbramBoard Member
Jill Evans PetzallBoard Member
Lakesha RobinsonBoard Member
Martha WhittedBoard Member
Regina HeardBoard Member
Stephanie KutBoard Member
Susan WalkerBoard Member
Yolanda BakerBoard Member
Jackie TobenBOARD MEMBER and FOUNDER
Aisha WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$189,383
Program Service Revenue
$0
Investment Income
$1,437
Other Revenue
$212
All Other Contributions
$100,590
Change in Net Assets
$-93,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$178,235
Other Expenses$106,757
Total Fundraising Expense$32,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,943$8,667$9,750$140,360
Other Employee Benefits$22,371$1,316$2,632$26,319
Conferences and Meetings$807$163$18,349$19,319
Payroll Taxes$8,735$621$698$10,054
Fees for Services Accounting-$8,550-$8,550
Travel$8,398$94-$8,492
Fees for Services Other$2,826$2,822$507$6,155
Insurance$100$5,598-$5,698
Information Technology-$3,023-$3,023
Occupancy$1,625$400$375$2,400
Other Expenses$1,656--$1,656
Pension Plan Contributions-$1,502-$1,502
Office Expenses$1,079$193-$1,272
Advertising$1,036--$1,036
Depreciation Depletion-$178-$178
Total Functional Expenses$219,554$33,127$32,311$284,992
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
Main$88,793$88,793$32,311$56,482
Total Events$88,793$88,793$32,311$56,482
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The 990 is reviewed by the executive director and the finance committee before filing and also available at the next board meeting for review.

Conflict of interest policy compliance Part VI line 12C

At the annual meeting, every board member is required to read and review the confict of interest policy. They will fill out the questionnaire designed to bring any possible conflicts to the attention of the director who will then bring the matter to the board. The board will determine whether a conflict truly exists, and if it does, whether the contemplated action or relationship may be authorized as just, fair and reasonable. The decision of the board in these matters will rest in their sole discretion and their concern must be the welfare of lets start inc and the advancement of its purpose. All board members are required to sign a statement that they have read the policy and have answered the questionnaire to the best of their knowledge and belief.

CEO executive director top management comp Part VI line 15A

The finance committee determines the compensation of the executive director. Their decision is based on education, experience, comparable positions, and economic strength of the organization. This is done in august of each year to take effect at the beginning of the fiscal year which starts in september. Any raises are based on the directors performance and current cost of living. The finance committee will bring their determination to the board for approval.

Other officer or key employee compensation Part VI line 15B

The finance committee determines the compensation of other employees. Their decision is based on education, experience, comparable positions, and economic strength of the organization. This is done in august of each year to take effect at the beginning of the fiscal year which starts in september. Any raises are based on the employees performance and current cost of living. The finance committee will bring their determination to the board for approval.

Governing documents etc available to public Part VI line 19

The governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lets Start Inc
EIN
43-1601320
Address
1408 S 10TH ST, Saint Louis, MO 63104-3725

Signing Officer

Name
Rachel S Cramsey Lcsw
Title
Executive Direc
Phone
3142412324
Signed
2019-02-04
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Mo
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
142

Preparer

Firm
Cambridge Accounting & Tax LLC
Address
300 Chesterfield Ctr Ste125, Chesterfield, MO 63017
Preparer
Ann McNeil CPA
Phone
3144385576
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IRS990/ProgSrvcAccomActy2Grp/Desc03) THE WOMEN WHO PARTICIPATE IN THE LETS START PROGRAM PROVIDE NUMEROUS TALKS THROUGHOUT THE COMMUNITY TO ENGAGE IN DIALOGUE ABOUT ISSUES THAT LEAD TO INCARCERATION, AND THE IMPACT OF INCARCERATION ON FAMILIES. LETS START RECOGNIZES THAT THE INCARCERATION OF WOMEN AND ITS IMPACT ON THEIR CHILDREN IS NOT ONLY A FUNCTION OF PERSONAL CHOICES, BUT ALSO A DIRECT RESULT OF SOCIAL POLICIES. LAST YEAR, LETS START PARTICIPANTS SPOKE TO OVER 1000 MEMBERS OF THE COMMUNITY THROUGH STATE-WIDE CONFERENCES, CHURCHES, AND SCHOOLS. THE WOMEN SHARED THEIR PERSONAL STORIES ABOUT THE IMPACT OF INCARCERATION, ADDICTION, MENTAL HEALTH, RACISM, AND POVERTY.
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IRS990/ProgSrvcAccomActy3Grp/Desc01) DURING THE YEAR, OVER 600 UNDUPLICATED WOMEN PARTICIPATED IN THE WEEKLY GROUP MEETINGS AT ST. VINCENTS CHURCH, THE ST. LOUIS COUNTY JAIL, AND THE MEDIUM SECURITY INSTITUTE IN ST. LOUIS CITY. 100% OF WOMEN SURVEYED IN SUPPORT GROUPS REPORTED THAT THEIR PARTICIPATION IN THE LETS START PROGRAM HELPS THEM MAKE POSITIVE CHOICES ABOUT DRUGS AND/OR ALCOHOL USE. OF THE WOMEN SURVEYED, 97% SAID THEIR INVOLVEMENT WITH LETS START HAS HELPED THEM FEEL MORE CONFIDENT IN PROBLEM SOLVING, AND 94% REPORT HAVING A BETTER RELATIONSHIP WITH THEIR FAMILIES. LETS START CONTINUES TO PROVIDE FREE CLINICS INCLUDING LEGAL, COUNSELING, CHILD SUPPORT, AND A PARENTING CLINIC TO CONNECT WOMEN WITH PROFESSIONALS WHO CAN HELP THEM ATTAIN THEIR GOALS. FINALLY, 73% OF WOMEN SAY THAT SINCE ATTENDING LETS START THEY HAVE REACHED OUT FOR POSITIVE FINANCIAL, MORAL, SOCIAL, AND EMOTIONAL SUPPORT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE BEFORE FILING AND ALSO AVAILABLE AT THE NEXT BOARD MEETING FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEETING, EVERY BOARD MEMBER IS REQUIRED TO READ AND REVIEW THE CONFICT OF INTEREST POLICY. THEY WILL FILL OUT THE QUESTIONNAIRE DESIGNED TO BRING ANY POSSIBLE CONFLICTS TO THE ATTENTION OF THE DIRECTOR WHO WILL THEN BRING THE MATTER TO THE BOARD. THE BOARD WILL DETERMINE WHETHER A CONFLICT TRULY EXISTS, AND IF IT DOES, WHETHER THE CONTEMPLATED ACTION OR RELATIONSHIP MAY BE AUTHORIZED AS JUST, FAIR AND REASONABLE. THE DECISION OF THE BOARD IN THESE MATTERS WILL REST IN THEIR SOLE DISCRETION AND THEIR CONCERN MUST BE THE WELFARE OF LETS START INC AND THE ADVANCEMENT OF ITS PURPOSE. ALL BOARD MEMBERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY HAVE READ THE POLICY AND HAVE ANSWERED THE QUESTIONNAIRE TO THE BEST OF THEIR KNOWLEDGE AND BELIEF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THEIR DECISION IS BASED ON EDUCATION, EXPERIENCE, COMPARABLE POSITIONS, AND ECONOMIC STRENGTH OF THE ORGANIZATION. THIS IS DONE IN AUGUST OF EACH YEAR TO TAKE EFFECT AT THE BEGINNING OF THE FISCAL YEAR WHICH STARTS IN SEPTEMBER. ANY RAISES ARE BASED ON THE DIRECTORS PERFORMANCE AND CURRENT COST OF LIVING. THE FINANCE COMMITTEE WILL BRING THEIR DETERMINATION TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE DETERMINES THE COMPENSATION OF OTHER EMPLOYEES. THEIR DECISION IS BASED ON EDUCATION, EXPERIENCE, COMPARABLE POSITIONS, AND ECONOMIC STRENGTH OF THE ORGANIZATION. THIS IS DONE IN AUGUST OF EACH YEAR TO TAKE EFFECT AT THE BEGINNING OF THE FISCAL YEAR WHICH STARTS IN SEPTEMBER. ANY RAISES ARE BASED ON THE EMPLOYEES PERFORMANCE AND CURRENT COST OF LIVING. THE FINANCE COMMITTEE WILL BRING THEIR DETERMINATION TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt014153

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