The Lelt Foundation Inc
Nonprofit profile at a glance
- EIN
- 453179626
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- New York, NY, USA
- Phone
- 2125576800
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $168,809
- Expenses
- $373,414
- Assets
- $403,706
- Liabilities
- $665
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Anja Wood (President)
People named in this filing
- Anja Wood (President)
- Carlos Cabrera (Director)
- Jay Sternstein (Treasurer)
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
Lelt Foundation Inc. is dedicated to breaking the cycle of poverty through education, quality nutrition and job creation resulting in more sustainable communities in Kara Kore and Hosanna, Ethiopia. All activities are performed with complete financial transparency.
What it reported doing in 2025
The Organization provides assistance to Trees of Glory, a qualified non-governmental organization within Ethiopia. All aid is for the communities of Kara Kore and Hosanna, Ethiopia where all programming takes place. This includes feeding, disease prevention, assistance with infrastructure and communal education.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 85
- Sustainability: 31
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.4%; rating input score 95
Transparency & Controls
- Consistency checks: 81.8%; rating input score 82; 0th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -121.2%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -2.2% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 9.1% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $356K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.