Let's Get Ready provides high school students from underrepresented communities with free sat preparation, admissions counseling and other support services needed to gain admission to college. Once they are in college, services are provided to support their college journey and graduate. Services are provided by college students who also serve as role models and mentors.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$905K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $157K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$905K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $1.4M in investments, Pt X · Ln 11–13
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$75K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.5M
-18% vs prior year
Spent
$4.2M
To programs
71%
Net assets
$3.1M
By yearFY2020–FY2025
Revenue
$3.5M
FY2024▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$3.9M
FY2022$3.7M
FY2023$4.3M
FY2024$3.5M
FY2025$3.5M
Expenses
$4.2M
FY2024▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$2.7M
FY2022$3.0M
FY2023$3.5M
FY2024$4.2M
FY2025$4.7M
Net assets
$3.1M
FY2024▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$2.5M
FY2022$2.9M
FY2023$3.7M
FY2024$3.1M
FY2025$1.9M

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $3.0M Management & general 15% · $617K Fundraising 14% · $596K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990; $905K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Executive Officer
$204,376Pt VII · Sec A
Chief External Affairs Officer
$177,828Pt VII · Sec A
Chief Programs Officer
$156,418Pt VII · Sec A
Managing Director, People &operation
$134,896Pt VII · Sec A
Managing Director of Development
$123,969Pt VII · Sec A
Senior Director of Data & Evaluation
$107,494Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lena Eberhart’s $199K as Chief Executive Officer is at the 82nd percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lena Eberhart$199,067$204,376$189,308$172,352$171,765$154,241
Dennis Dumpson$179,309—————
Dennis Maurice Dumpson—$177,828————
Grace Bianciardi$162,990$156,418$133,050$105,065——
Allison Caffrey———$151,381$137,864$118,319
Julian Thompson$148,490$134,896$113,875———
Jordan Wesley$131,029—————
Marvin Vilma$126,312—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Let's Get Ready INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps low-income high school students achieve college degrees.

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1 program · $3.0M · in their own filed words · FY2023
01

21,217 students were enrolled in let's get ready this year through the access, transition, and success programs which all employ a virtual near-peer coaching model. In our access program we provide intensive sat preparation and an introduction to all aspects of the college admissions process.

$3.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Gifts and grantsLn 1h$2.8M
Fees for servicesLn 2g$580K
Investment incomeLn 3$98K
Money outPt IX
$4.2M
Ln 25
Programscol B$3.0M
Managementcol C$617K
Fundraisingcol D$596K
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$633K
Total assetsLn 16$3.1M
LiabilitiesLn 26$75K
PeoplePt VI, VII
26
listed · VII A
PaidVII A6
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.8M
Government grantsLn 1e$120K
Noncash giftsLn 1g$194K
Fees for servicesLn 2g$580K
Investment incomeLn 3$98K
Gains on assetsLn 7$33K
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$437K
SavingsLn 2$196K
Cash and savings togetherLn 1–2$633K
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$59K
Other assetsLn 15$7K
Total assetsLn 16$3.1M
LiabilitiesLn 26$75K
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 5145
VolunteersI 621
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$930K$633K
InvestmentsLn 11–13$1.6M$1.4M
Land, buildings, equipmentLn 10c$27K$59K
Total assetsLn 16$3.8M$3.1M
LiabilitiesLn 26$89K$75K
Net assetsLn 32$3.7M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$230K$69K$81K$81K
Other salaries and wagesLn 7$2.6M$2.0M$285K$324K
Pension plan contributionsLn 8$49K$40K$5K$5K
Other employee benefitsLn 9$208K$169K$19K$19K
Payroll taxesLn 10$248K$194K$27K$27K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$69K$69K
Professional fundraising feesLn 11e$24K$24K
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$208K$187K$11K$9K
Advertising and promotionLn 12$26K$5K$21K
Office expensesLn 13$81K$36K$20K$26K
Information technologyLn 14$205K$135K$38K$33K
TravelLn 17$132K$92K$22K$17K
Conferences, conventions and meetingsLn 19$23K$9K$4K$10K
Depreciation, depletion and amortizationLn 22$13K$11K$1K$627
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$45K$40K$5K$540
Total functional expensesLn 25$4.2M$3.0M$617K$596K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.5M$4.7M−$1.2M$1.9M 990 PDF
FY2024 Viewing $3.5M$4.2M−$696K$3.1M 990 PDF
FY2023 $4.3M$3.5M$825K$3.7M 990 PDF
FY2022 $3.7M$3.0M$750K$2.9M 990 PDF
FY2021 $3.9M$2.7M$1.2M$2.5M 990 PDF
FY2020 $2.7M$2.7M$60K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,521,201 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,160,768$2,843,072
I-9 Program service revenuePrior year $242,367$580,332
I-10 Investment incomePrior year $37,177$97,797
I-11 Other revenuePrior year −$157,689$0
I-12 Total revenuePrior year $4,282,623$3,521,201
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,781,785$3,365,634
I-16a Professional fundraising feesPrior year $8,000$24,000
I-17 Other expensesPrior year $668,043$827,709
I-18 Total expensesPrior year $3,457,828$4,217,343
I-19 Revenue less expensesPrior year $824,795−$696,142
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,521,201 across 8 lines filed
VIII-1e Government grants$119,611
VIII-1f All other contributions, gifts and grants$2,723,461
VIII-1g Noncash contributions (included above)$194,051
VIII-1h Total contributions, gifts and grants$2,843,072
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $580,332$580,332
VIII-3 Investment incomeExcluded from tax $64,453$64,453
VIII-7 Net gain or loss on sales of assetsExcluded from tax $33,344$33,344
VIII-12 Total revenueRelated to mission $580,332 · Unrelated business $0 · Excluded from tax $97,797$3,521,201
Part IX · Statement of functional expenses $4,217,343 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $69,001 · Management $80,501 · Fundraising $80,501$230,003
IX-7 Other salaries and wagesPrograms $2,022,586 · Management $285,150 · Fundraising $323,956$2,631,692
IX-8 Pension plan contributionsPrograms $39,656 · Management $4,632 · Fundraising $4,544$48,832
IX-9 Other employee benefitsPrograms $169,078 · Management $19,408 · Fundraising $19,034$207,520
IX-10 Payroll taxesPrograms $193,783 · Management $27,111 · Fundraising $26,693$247,587
IX-11b Legal feesManagement $5,074$5,074
IX-11c Accounting feesManagement $69,463$69,463
IX-11e Professional fundraising feesFundraising $24,000$24,000
IX-11f Investment management feesManagement $7,263$7,263
IX-11g Other fees for servicesPrograms $187,353 · Management $11,388 · Fundraising $9,201$207,942
IX-12 Advertising and promotionManagement $4,790 · Fundraising $21,051$25,841
IX-13 Office expensesPrograms $35,749 · Management $19,774 · Fundraising $25,677$81,200
IX-14 Information technologyPrograms $134,892 · Management $37,735 · Fundraising $32,850$205,477
IX-17 TravelPrograms $92,295 · Management $22,413 · Fundraising $17,140$131,848
IX-19 Conferences, conventions and meetingsPrograms $8,871 · Management $4,136 · Fundraising $9,869$22,876
IX-22 Depreciation, depletion and amortizationPrograms $10,650 · Management $1,253 · Fundraising $627$12,530
IX-23 InsuranceManagement $12,712$12,712
IX-24 Other expenses (24a–d)Programs $40,391 · Management $4,552 · Fundraising $540$45,483
IX-25 Total functional expensesPrograms $3,004,305 · Management $617,355 · Fundraising $595,683$4,217,343
Part X · Balance sheet $3,138,215 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $373,124$436,693
X-2 Savings and temporary cash investmentsStart of year $557,368$195,984
X-3 Pledges and grants receivableStart of year $1,094,284$487,100
X-4 Accounts receivableStart of year $37,710$400,000
X-9 Prepaid expenses and deferred chargesStart of year $71,766$121,754
X-10c Land, buildings and equipment, netStart of year $26,909$58,883
X-11 Publicly traded securitiesStart of year $1,642,498$1,431,284
X-15 Other assetsStart of year $6,517$6,517
X-16 Total assetsStart of year $3,810,176$3,138,215
X-17 Accounts payable and accrued expensesStart of year $89,028$75,126
X-26 Total liabilitiesStart of year $89,028$75,126
X-27 Net assets without donor restrictionsStart of year $2,590,324$2,688,473
X-28 Net assets with donor restrictionsStart of year $1,130,824$374,616
X-32 Total net assets or fund balancesStart of year $3,721,148$3,063,089
X-33 Total liabilities and net assetsStart of year $3,810,176$3,138,215
Part XI · Reconciliation of net assets $3,063,089 net assets at year end
XI-1 Total revenue$3,521,201
XI-2 Total expenses$4,217,343
XI-3 Revenue less expenses−$696,142
XI-4 Net assets at start of year$3,721,148
XI-5 Net unrealized gains (losses) on investments$38,083
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,063,089

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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