Civic Intelligence

Lets Be Ready

990EZ • Fiscal year 2021 • EIN 47-2274700

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 18, 2022

2722 Geneva PlaceLongmont, CO 80503

(303) 834-5470

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

29th percentile

-4.4%

Higher net margin than 29% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

19th percentile

-18%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

16%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$26,956

Down $5,992 (-18%) from 2020

Net Assets

Down

$26,956

Down $2,569 (-8.7%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$135,540

Up $18,558 (+16%) from 2020

Expenses

Up

$141,532

Up $24,550 (+21%) from 2020

Net Income

Down

-$5,992

Down $5,992 from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2015: $802Liabilities 2015: $02015Assets 2020: $32,948Liabilities 2020: $0Net Assets 2020: $29,5252020Assets 2021: $26,956Liabilities 2021: $0Net Assets 2021: $26,9562021Assets 2022: $16,528Liabilities 2022: $0Net Assets 2022: $16,5282022Assets 2023: $58,761Liabilities 2023: $0Net Assets 2023: $58,7612023

Highlighted filing

2021

Assets$26,956
Liabilities$0
Net Assets$26,956

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $42,122Expenses 2015: $48,715Net Income 2015: -$6,5932015Revenue 2020: $116,982Expenses 2020: $116,982Net Income 2020: $02020Revenue 2021: $135,540Expenses 2021: $141,532Net Income 2021: -$5,9922021Revenue 2022: $146,431Expenses 2022: $156,859Net Income 2022: -$10,4282022Revenue 2023: $233,068Expenses 2023: $190,835Net Income 2023: $42,2332023

Highlighted filing

2021

Revenue$135,540
Expenses$141,532
Net Income-$5,992
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 18, 2022
Return Version
2021v4.2
Gross Receipts
$135,540
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
MAGICAL CLASSROOM PROVIDES AN INNOVATIVE CURRICULUM TO HELP RURAL GUATEMALAN CHILDREN PREPARE FOR FIRST GRADE-$81,800
LET S BE READY PROVIDES TRAINING, CLASSROOM MATERIALS, AND MONTHLY STIPENDS TO TEACHERS IN RURAL GUATEMALAN MAYAN COMMUNITIES TO IMPROVE STUDENT SUCCESS IN FIRST GRADE.-$59,495
A CHANCE FOR ALL ENABLES VOLUNTEERS TO TEACH FRENCH LANGUAGE AND MATH SKILLS TO SAN LUIS SENEGAL-$237
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN REEDMember-$0--
ANNE CURTIS CURFMANMember-$0--
NIKOLAY MALTSEVMember-$0--
MARIE MARSHON THORSENMember-$0--
NANCY CARPENTERCo-Founder-$0--
FRED ZAMBROSKICo-FounderPT$0--
Filing and Contact Details

Filer

Filer Name
Lets Be Ready
EIN
47-2274700
Phone
3038345470
Address
2722 GENEVA PLACE, LONGMONT, CO 80503

Signing Officer

Name
Fred Zambroski
Title
Co Founder
Phone
3038345470
Signed
2022-04-18
Discuss with paid preparer
No

Preparer

Firm
Forest Financial
Address
4550 SW BETTS AVE BOX 404, BEAVERTON, OR 97005-2869
Preparer
Serina Norris
Phone
2679737163
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

Let s be ready offers newly graduated teachers, aged 18-24 the opportunity to stay in their communities and become social entrepreneurs by starting classrooms in primarily rural guatemalan mayan communities. The program provides materials, a monthly stipend for each teacher and additional training to enhance effectiveness. The organization presents a solution to the challenge of there being too few classrooms for rural children in guatemala. Magical classrooms trains and equips young adults to teach children, ages 4-6 in remote areas currently unattended to by the guatemalan government. The project overcomes geographic isolation and lack of educational resources by delivering a culturally sensitive, innovative guided curriculum to help children become more successful in first grade. Classes are paired with a daily healthy snack that stands to drastically reduce the impact of chronic malnutrition. A chance for all is a grassroots project where volunteers teach french language and mathematical skills to children in san luis senegal. The program is intended to reach some of the 50,000 senegalese children who are not enrolled in schools.

Part I, line 10

Activity: Grantee Name: Grantee Address: Amount: 141532 Relationship:

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LET S BE READY OFFERS NEWLY GRADUATED TEACHERS, AGED 18-24 THE OPPORTUNITY TO STAY IN THEIR COMMUNITIES AND BECOME SOCIAL ENTREPRENEURS BY STARTING CLASSROOMS IN PRIMARILY RURAL GUATEMALAN MAYAN COMMUNITIES. THE PROGRAM PROVIDES MATERIALS, A MONTHLY STIPEND FOR EACH TEACHER AND ADDITIONAL TRAINING TO ENHANCE EFFECTIVENESS. THE ORGANIZATION PRESENTS A SOLUTION TO THE CHALLENGE OF THERE BEING TOO FEW CLASSROOMS FOR RURAL CHILDREN IN GUATEMALA. MAGICAL CLASSROOMS TRAINS AND EQUIPS YOUNG ADULTS TO TEACH CHILDREN, AGES 4-6 IN REMOTE AREAS CURRENTLY UNATTENDED TO BY THE GUATEMALAN GOVERNMENT. THE PROJECT OVERCOMES GEOGRAPHIC ISOLATION AND LACK OF EDUCATIONAL RESOURCES BY DELIVERING A CULTURALLY SENSITIVE, INNOVATIVE GUIDED CURRICULUM TO HELP CHILDREN BECOME MORE SUCCESSFUL IN FIRST GRADE. CLASSES ARE PAIRED WITH A DAILY HEALTHY SNACK THAT STANDS TO DRASTICALLY REDUCE THE IMPACT OF CHRONIC MALNUTRITION. A CHANCE FOR ALL IS A GRASSROOTS PROJECT WHERE VOLUNTEERS TEACH FRENCH LANGUAGE AND MATHEMATICAL SKILLS TO CHILDREN IN SAN LUIS SENEGAL. THE PROGRAM IS INTENDED TO REACH SOME OF THE 50,000 SENEGALESE CHILDREN WHO ARE NOT ENROLLED IN SCHOOLS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
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ReturnHeader/ReturnTs02022-04-20T10:33:33-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings