The Ladybug Project
Nonprofit profile at a glance
- EIN
- 992492101
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Concord, NH, USA
- Phone
- 6033037046
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $69,621
- Expenses
- $61,021
- Assets
- $9,427
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Susan Bradley (President, Director)
People named in this filing
- Susan Bradley (President, Director)
- Jo-An Concannon (Director)
- Vasilios Gegas (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Improve children's access to food, water and education
What it reported doing in 2025
Other Program Services: 1. $3,900 to Faraja Young Women's Development Center, a Tanzanian nonprofit in Arusha, Tanzania, that trains Montessori preschool and kindergarten teachers, operates a Montessori preschool, and provides services to the Montessori Pilot Program at the Arkatani Primary School. 2. $950 in tuition to nonprofit Catholic boarding school for an Arkatani Primary School graduate. 3. $2,900 to help train women at Mother's in Motion in Bwindi, Uganda, to make tribal baskets to sell to tourists to earn money to pay school fees for their children to attend public school. https://sahaya-uganda.org/mothers-in-motion/ 4. $2435 for improvements and repairs to the water well at the public Emiraete Primary School in Arusha, Tanzania, that The Ladybug Project drilled in 2024.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 49
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.3%; rating input score 83
- Program expense ratio: 95%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 12.4%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 83.3% of revenue deployed · 95% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.