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Nonprofit · EIN 27-4826987

LET THEM LOL

Tax-exempt · BUFFALO, NY 14203

Financials

$1.1M$1M2023$924K$930K2024
Revenue Expenses · by fiscal year end
Financials of LET THEM LOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$924,483$930,197-$5,714$2,950,088$1,752,080$1,198,008
December 31, 2023990$1,056,718$1,037,026$19,692$3,151,147$1,946,912$1,204,235
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$826,367
Program service revenue
$39,139
Investment income
$238
Net income from fundraising events
$56,116
Net income from sales of inventory
$258
Other revenue
$58,739

Expenses

Grants and similar amounts paid
$163,746
Compensation of officers, directors and key employees
$69,740
Other salaries and wages
$90,141
Salaries, compensation and benefits (total)
$185,259
Professional fundraising fees
$0
Legal fees
$351
Accounting fees
$5,065
Occupancy
$21,987
Travel
$7,703
Depreciation
$365,284
Program services (functional)
$892,723
Management and general (functional)
$37,474

Balance sheet and other

Total assets, start of year
$3,151,147
Total assets, end of year
$2,950,088
Total liabilities, end of year
$1,752,080
Net assets, end of year
$1,198,008
Land, buildings and equipment
$2,806,700
Net assets without donor restrictions
$1,198,008
Gross receipts
$945,559
Employees
7
Volunteers
1,000
Year formed
2011
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATHLEEN VACANTIPRESIDENT
Trustee or director, Officer
32$69,740
JOSEPH VACANTITREASURER/SE
Trustee or director, Officer
2$0
JENNA GOLDSMITHDIRECTOR
Trustee or director, Officer
2$0
DONALD ARNTSDIRECTOR
Trustee or director
2$0
ROBERT ANSTEYDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KATHLEEN VACANTIPRESIDENT
Trustee or director, Officer
32$65,000
JOSEPH VACANTITREASURER/SE
Trustee or director, Officer
2$0
JENNA GOLDSMITHDIRECTOR
Trustee or director, Officer
2$0
DONALD ARNTSDIRECTOR
Trustee or director
2$0
ROBERT ANSTEYDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
395 GANSON ST, BUFFALO, NY 14203-3061
Principal officer (990 for 2024)
KATHLEEN VACANTI, 5185 BROOKFIELD LANE, CLARENCE, NY 14031
Signed the 990
KATHLEEN VACANTI, PRESIDENT
Phone
(716) 536-3004
Website
LTLOL.COM
Return prepared by
SBFR PARTNERS CPAS LLP

Mission

MANY PEOPLE IN THE WORLD TODAY EXPERIENCE UNJUST SUFFERING ONLY BECAUSE THEY LACK THE BASIC RESOURCES TO EMBRACE A BETTER FUTURE. WE EXIST TO EMPOWER COMMUNITIES THROUGH SUSTAINABLE DEVELOPMENT. WE ARE A GRASSROOTS ORGANIZATION; SCHOOLS, FAMILIES, CHURCHES, AND INDIVIDUALS UNITED TOGETHER TO BRING HOPE THROUGH CLEAN WATER. WE LOOK FORWARD TO BRINGING HOPE TO THE PEOPLE OF SIERRA LEONE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE CLEAN WATER TO THE PEOPLE OF SIERRA LEONE BY DRILLING FRESH WATER WELLS FOR THE PEOPLE TO HAVE ACCESS TOO.
    Expenses $53,076 · revenue $84,142
  • PROVIDE CARE TO 40+ CHILDREN INCLUDING A DORMITORY FOR VULNERABLE GIRLS AS WELL AS EDUCATION TO 609 IMPOVERISHED CHILDREN AT OUR SCHOOL, HOPE RISING ACADEMY. WE HAVE A WELL-MAINTENANCE TEAM PROVIDING JOB TRAINING AND EMPOWERMENT AS WELL AS NUTRITIOUS FOOD FOR THE CHILDREN WE CARE FOR. WE HAVE A MEDICAL FACILITY, BAKERY, COMMUNITY CENTER/INTERNET CAFE, AND OFFICES.
    Expenses $692,775 · grants $163,746 · revenue $199,582
  • FUND BUILDING PROJECTS FOR CHILDREN'S HOMES AND SCHOOLS.
    Expenses $2,451
  • FUND MISSION TRIPS FOR VOLUNTEERS AND CONTRIBUTORS FOR DAILY OPERATIONS IN SIERRA LEONE. HOPE RISING BUFFALO IS A NEW ENDEAVOUR THE ORGANIZATION HAS STARTED TO RENOVATE THE KELLOGG SILOS INTO A COMMUNITY CENTER. IT WILL ALSO BE THE INTERNATIONAL HEADQUARTERS OF HOPE RISING TOGETHER WHICH SENDS MEALS TO SIERRA LEONE.
    Expenses $144,421 · revenue $459,626

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-4826987
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,950,088
Income (IRS master file)
$945,559

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$924,483$930,197$2,950,088XML
990December 2023$1,056,718$1,037,026$3,151,147XML
990December 2022$1,283,460$934,012$3,191,220IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4826987).

Questions about LET THEM LOL

What is the EIN of LET THEM LOL?
The employer identification number (EIN) of LET THEM LOL is 27-4826987.
Is LET THEM LOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to LET THEM LOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LET THEM LOL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LET THEM LOL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LET THEM LOL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LET THEM LOL?
The 990 for the year ended December 31, 2024 names KATHLEEN VACANTI.
Who are the officers and directors of LET THEM LOL?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $69,740 (KATHLEEN VACANTI, PRESIDENT).
How much revenue does LET THEM LOL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $924,483, expenses of $930,197 and total assets of $2,950,088 at year end.

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