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Nonprofiteer
← LETS THRIVE BALTIMORE INC

Form 990 for tax year 2022

Filed by LETS THRIVE BALTIMORE INC.

Totals

Total revenue
$399,803
Total expenses
$299,179
Contributions and grants received
$399,537
Grants paid
$0
Program service revenue
$0
Investment income
$8
Other revenue
$258
Total assets, end of year
$244,822
Total liabilities, end of year
$138,231
Net assets or fund balances, end of year
$106,591
Program services expenses (Part IX)
$221,801
Management and general expenses
$67,323
Fundraising expenses
$10,055
Program service expenses (Part III)
$221,801

Program services were 74.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $10,000

  • 1e · Government grants (contributions)

    $35,271

  • 1f · All other contributions, gifts and grants

    $354,266

  • 3 · Investment income

    total $8 · related or exempt $8

  • 11a · Other revenue: CASH BACK REWARDS

    total $258 · related or exempt $258

  • 11e · Other revenue, total

    $258

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $100,553 · program services $60,332 · management and general $30,166 · fundraising $10,055

  • 9 · Other employee benefits

    total $7,858 · management and general $7,858

  • 10 · Payroll taxes

    total $2,641 · program services $1,475 · management and general $1,166

  • 11c · Fees: accounting

    total $11,400 · management and general $11,400

  • 11g · Fees: other

    total $10,000 · program services $10,000

  • 12 · Advertising and promotion

    total $2,580 · management and general $2,580

  • 13 · Office expenses

    total $5,417 · program services $4,063 · management and general $1,354

  • 16 · Occupancy

    total $8,335 · program services $6,251 · management and general $2,084

  • 17 · Travel

    total $687 · program services $687

  • 20 · Interest

    total $2,313 · management and general $2,313

  • 22 · Depreciation, depletion and amortization

    total $13,391 · program services $10,043 · management and general $3,348

  • 23 · Insurance

    total $2,216 · management and general $2,216

  • 24a · Other expenses: AUTO

    total $11,353 · program services $8,515 · management and general $2,838

  • 24b · Other expenses: CHARITABLE CONTRIBUTIONS

    total $376 · program services $376

  • 24c · Other expenses: YOUTH PROGRAM SUPPLIES AND EVENTS

    total $21,889 · program services $21,889

  • 24d · Other expenses: YOUTH STIPENDS

    total $98,170 · program services $98,170

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $82,494 · end of year $152,460

  • 10a · Land, buildings and equipment: cost or other basis

    $124,146

  • 10b · Land, buildings and equipment: accumulated depreciation

    $31,784

  • 10c · Land, buildings and equipment, net

    beginning of year $69,252 · end of year $92,362

  • 17 · Accounts payable and accrued expenses

    end of year $1,072

  • 23 · Secured mortgages and notes payable

    beginning of year $42,578 · end of year $35,309

  • 25 · Other liabilities

    beginning of year $100,900 · end of year $101,850

  • 27 · Net assets without donor restrictions

    beginning of year $8,268 · end of year $106,591

Mission and programs · 2022

Mission

Let s Thrive Baltimore s mission is to provide overall community support, strategies, and awareness for families impacted by trauma in Baltimore.

Activities or mission (Part I)

TO PROVIDE OVERALL COMMUNITY SUPPORT STRATEGIES FOR IMPROVEMENT OF FAMILY UNITS AND AWARENESS OF LOW INCOME FAMILIES IMPACTED BY VIOLENCE

  • Let s Thrive Baltimore runs projects including mentoring, job programs, and support groups for our youth; financial literacy, career consulting, and therapeutic programs for families; housing, rental, and cash assistance for survivors of violence; and cleaning and greening projects in the city. We provided 1,000 meals to families and individuals and help families sign up for federal nutritional programs and prevent food waste by gathering food from partners who give out free food and deliver it to families in need. We also run programs focusing on police reform and stopping human trafficking as well as taking youth on hiking trips, provide free transportation to mental health services and host free grief support groups. We partner with 25 other groups to provide wraparound services for survivors of violent crimes. And we partner as crime victim interrupters with Baltimore City s CVI program.

    Expenses $221,801 · Revenue $399,537

As filed on the 2022 return.

Listed in Part VII

  • LISA MOLOCK

    EXECUTIVE DIRECTOR

    Total calculated
    $108,412
    From this org
    $100,554
    From related orgs
    $0
    Other
    $7,858
    Hours/week
    60

  • JAQUAN DOUGLAS

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5

  • QUINTRELL REESE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • DEVIN JONES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • TYRIC BRYER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • SANAAI BRIDGEFORD

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • ZJON SAMUEL

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • GERARD PETTIFORD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JAYLEN RIGLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JAMES PEARSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KATHERINE TRUEHEART

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2023
IRS schema version
2022v5.0
Source object
202321539349300402

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