Quick charity verification for Lets Celebrate (EIN: 222400132)
Verdict: Lets Celebrate shows mixed signals
65/100Mission Score
$1.0MRevenue
$340KAssets
4Red Flags
2Strengths
Red Flags
Revenue has consistently declined from $1,411,987 in 2021 to $939,664 in 2023, indicating a significant downward trend.
Fundraising expenses are high, with $83,156 reported in 2023 on a revenue of $939,664, representing approximately 8.8% of revenue.
The organization reported a net loss in 2023 ($1,081,236 expenses vs. $939,664 revenue), continuing a trend of expenses exceeding revenue in multiple years.
The organization's assets have decreased from $498,549 in 2022 to $338,306 in 2023.
Strengths
Despite financial challenges, the organization has maintained operations for several years, demonstrating resilience.
The organization consistently reports 0% lobbying expenses, indicating a focus on direct mission activities.
Spending Breakdown
How Lets Celebrate allocates its funds across programs, administration, and fundraising.
65%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
20%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lets Celebrate
Is Lets Celebrate a legitimate charity?
Based on AI analysis of IRS 990 filings, Lets Celebrate (EIN: 222400132) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Lets Celebrate a good charity to donate to?
Lets Celebrate has a Mission Score of 65/100. Revenue: $1.0M. Assets: $340K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lets Celebrate?
The Employer Identification Number (EIN) for Lets Celebrate is 222400132. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lets Celebrate spend its money?
Lets Celebrate allocates 65% to programs, 15% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lets Celebrate's tax-exempt status?
You can verify Lets Celebrate's tax-exempt status using EIN 222400132 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Lets Celebrate is a human services nonprofit based in Jersey City, New Jersey, with reported revenue of $1.0M and assets of $340K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 65% of spending goes to programs, 15% to administration, and 20% to fundraising. Executive compensation is not explicitly detailed in the provided 990-EZ data, making a precise assessment difficult without further information on specific salaries. Revenue has declined -61% across 14 filing periods.