Let's Get Ready, Inc.

Students Helping Students To and Through College

New York, NY   |

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Let's Get Ready, Inc.

EIN: 31-1698832


Let's Get Ready provides high school students from historically under-served communities and first-generation-to-college students with free SAT preparation, admission counseling and other support services needed to gain admission to and graduate from college. Services are provided by volunteer college students who also serve as role models and mentors.

Let's Get Ready envisions a future in which students from all socioeconomic backgrounds have the support they need to attain a college education.

Ruling year info


Chief Executive Officer

Lena Eberhart

Main address

82 Nassau Street #61819

New York, NY 10038 USA

Show more contact info



Subject area info

Secondary education

Education services

Youth organizing

Population served info

Children and youth

Ethnic and racial groups

Economically disadvantaged people



NTEE code info

Secondary/High School (B25)

Youth Development Programs (O50)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Students from low-income backgrounds face lifelong disadvantages due to disparities in college enrollment and graduation rates. Only 47% of low-income high school students will enroll in college, compared to 82% of their higher-income peers, and 11% of students in the bottom income quartile will complete a four-year college degree within six years, compared to 79% of wealthier students. In communities served by Let’s Get Ready, schools often lack the necessary resources to support students who need extra assistance. Students’ families find it difficult to fill in the gap, as most lack knowledge of the complicated college application process. Given their families’ limited financial means, many of our students believe they can’t afford to go to college. Let’s Get Ready seeks to remedy these inequalities in college advising and test prep, helping students improve scores, secure admission to well-matched schools, and persist to graduation.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

College Access, Transition, and Success Programs

Let’s Get Ready’s three-part model (Access, Transition, and Success) represents a six-year continuum of support from the junior year of high school through college graduation. Services are delivered by volunteer college student Coaches — many of them former participants or from similar backgrounds— who serve as SAT tutors, college advisers, and near-peer mentors. Because of the reliance on carefully trained Coaches, Let's Get Ready's programs are highly flexible, cost-efficient, and scalable. Access participants improve their SAT scores, learn about colleges that are a good fit for them, and complete their admissions and financial aid applications. They acquire skills, knowledge, and confidence that will help them transition to college and earn a degree. Overall, 91% of Let's Get Ready Access alumni enroll in college. Meanwhile, the Transition and Success programs, established in 2014, offer students continued mentorship, resources, and interventions to help students make a successful transition to a college well-matched to their aspirations and level of achievement — and to stay on track through graduation.

College Access: Built on strategic collaborations between colleges, high schools, and community organizations, each Let’s Get Ready high school program brings together 30-50 students and 10-15 trained volunteer Coaches. Each is managed by two college student Site Directors who receive a small stipend. Organizational partners provide space and volunteer time, and many cover part of the program cost. Programs meet twice a week for 3 hours (and some Saturdays), running for 9 weeks in the fall, spring or summer.

Classes are kept small and grouped according to ability. Let's Get Ready has proprietary curriculum and a rigorous training and supervisory structure. Connecting with each young person to encourage, inspire, and build self-confidence is a high priority. The College Access program includes: 30 hours of rigorous SAT prep and 2 practice SAT exams; 15+ hours of assistance with college selection, applications, essays, and financial aid/scholarships; intensive mentoring; college trips and special information sessions with college admissions officers; financial aid workshops with trained professionals for students and families; and family orientation sessions and workshops throughout the year.

Transition: Upon completion of the Access Program, students are automatically enrolled in Transition for support throughout senior year and during the vulnerable period between college acceptance and attendance, when students with fewer resources and less knowledge about college life may fail to matriculate. To facilitate a successful transition, Let’s Get Ready focuses on finding the right college match for each student and staying in contact with students through the summer. Transition Coaches — current college undergraduates, often Let’s Get Ready alumni, with backgrounds similar to that of our students — guide them through the steps of preparing for their fall freshman semester including meeting important deadlines, finalizing financial aid and understanding course requirements and registration. They address individual concerns and help students manage the social and emotional issues that arise during this period through the Signal Vine text-messaging platform. Additionally, we provide Summer Transition Workshops emphasizing skills and activities such as accessing resources on campus, time management and money management

Recently launched in spring 2018, students now have the opportunity to opt-in to our Transition ‘Core Plus’ Program which allows for an increased level of individualized mentoring. The existing Transition Programs’ services offer high-quality and timely information for all students, but we found an urgent need existed for more in-depth and diversified services. Each student in the Transition Core Plus Program is assigned a dedicated near-peer coach to provide regular check-ins to assess progress toward senior year milestones. Let’s Get Ready’s program is based on a commitment to empowering students and building their confidence in their knowledge of their own needs and in their own decisions. Adding this Core Plus option ensures that students use these skills and have a strong choice and voice in the services that will most benefit them.

College Success: Let’s Get Ready’s program model doesn’t end at college enrollment. Over 11,000 Let’s Get Ready alumni now attend a wide range of colleges of varying competitiveness. To increase college persistence and graduation rates for these students, Let’s Get Ready’s College Success Program provides links to critical resources, tools and supports on- and off-campus.

The centerpieces of the Success Program are campus-based Peer Success Sites at colleges with a critical mass of Let’s Get Ready alumni, providing continued near-peer mentorship. Sites are located at 30 colleges and universities throughout Connecticut, Maine, Massachusetts, New York and Pennsylvania and a Virtual Success Site launching in the fall, serving Let’s Get Ready undergraduates at all other colleges. Replicating our near-peer "students helping students” model, Let’s Get Ready trains college upperclassmen, many themselves Let’s Get Ready alumni, to mentor new students through the challenges of college life, help them leverage resources and foster peer mentoring support groups.

Population(s) Served
Economically disadvantaged people

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

LGR's goal is to increase the accessibility of a college education for students from historically underrepresented backgrounds by:

Providing students from low-income and/or first-generation-to-college backgrounds with the academic skills and SAT preparation needed to gain acceptance and make a successful transition to colleges that best match their achievements and aspirations.

Guiding students transitioning between high school graduation and the start of their freshman year as they navigate college essays, financial aid forms, and the college application process, ensuring that they reach matriculation.

Supporting students while in college through near-peer mentorship, workshops, and connections to resources and critical information on an ongoing basis, easing the adjustment to college and providing social support.

Engaging college students in volunteer service that builds their interest and involvement in their local community, in public service, and in the field of education.

LGR addresses disparities in college admissions guidance and test prep through our Access Programs, which leverage partnerships between community-based organizations, local high schools, and neighboring colleges. LGR utilizes a unique model that pairs our high school students with trained near-peer mentors and tutors, who are current college students that deliver our refined curriculum. LGR continues to utilize its near-peer model in the Transition and Success Programs. Students are partnered with a Transition Coach, who acts as a remote guide through the college application and admissions process via a digital texting platform. Once admitted to a college, students continue to be supported virtually or at one of the organization’s Peer Success sites, becoming part of an on-campus cohort led by a Success Coach. After completing the three-tier model, LGR alumni graduate from college at a rate five times the national average for students from similar demographic backgrounds.

LGR’s near-peer model harnesses the motivation and talents of college students trained to administer our curriculum. Near-peer mentors are approachable and accessible to students in ways that traditional adult mentors are not. They foster students’ connection to a college-going community and provide a supportive framework for the social and emotional development necessary for college success, including confidence, decision-making, and belonging. By utilizing neer-peer mentors, LGR is extremely cost-effective and can be offered free of charge to participating students.

LGR has formalized organizational goals and outcomes with a recently completed a strategic plan which outlines our path to scale and increase impact. Additionally, we developed a Theory of Change which focuses on representing the true continuum of services we offer throughout a student's experience, the centrality of the near-peer mechanism, and our commitment to this work in a wider social justice-related context.

LGR has a proven track record of supporting students when they begin to navigate the college admissions process. On average, 91% of our Access Program participants enroll in college versus 47% of students from comparable backgrounds.

In 2014, recognizing that college graduation, not admission, is the final measure of success, LGR piloted its Transition and Success programs, providing a seamless continuum of support for students to and through college that now reaches over 14,000 students each year. Initial results are extremely promising with 94% of students in the first cohort and 91% in the second persisting from Year 1 to 2 and 88% persisting from Year 2 to 3. Students in two-year colleges persisted at rates 26% higher than those for the overall population of their schools. We are currently implementing success program expansion and enhancements, including creating a college entry point for non-LGR alumni, virtual mentoring strategies, and differentiated tiers of service.


Let's Get Ready, Inc.
Fiscal year: Sep 01 - Aug 31
Financial documents
2021 2020 2019 2015 2014 2013 2012 2011 2010 2009 2008
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of 9.87 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 6.1 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 16% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Let's Get Ready, Inc.

Revenue & expenses

Fiscal Year: Sep 01 - Aug 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Let's Get Ready, Inc.

Balance sheet

Fiscal Year: Sep 01 - Aug 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Let's Get Ready, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Sep 01 - Aug 31

SOURCE: IRS Form 990 info

This snapshot of Let's Get Ready, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$1,092,686 -$191,619 $353,715 $595,707 $681,557
As % of expenses -27.5% -5.0% 13.3% 22.3% 23.0%
Unrestricted surplus (deficit) after depreciation -$1,092,686 -$220,516 $335,027 $583,138 $660,550
As % of expenses -27.5% -5.7% 12.6% 21.7% 22.1%
Revenue composition info
Total revenue (unrestricted & restricted) $3,541,624 $3,433,136 $2,728,106 $3,876,606 $3,738,443
Total revenue, % change over prior year 9.5% -3.1% -20.5% 42.1% -3.6%
Program services revenue 8.4% 8.3% 5.8% 2.2% 2.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.6% 0.5% 0.2% 0.1% 0.2%
Government grants 0.0% 0.0% 0.0% 13.5% 8.1%
All other grants and contributions 91.0% 89.6% 90.0% 84.2% 89.6%
Other revenue 0.0% 1.5% 4.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $3,974,906 $3,870,582 $2,649,617 $2,672,689 $2,967,455
Total expenses, % change over prior year 15.2% -2.6% -31.5% 0.9% 11.0%
Personnel 64.9% 75.2% 76.9% 74.7% 80.4%
Professional fees 6.9% 6.8% 3.5% 7.3% 6.2%
Occupancy 5.5% 4.8% 7.9% 8.4% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 22.7% 13.1% 11.7% 9.6% 13.3%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $3,974,906 $3,899,479 $2,668,305 $2,685,258 $2,988,462
One month of savings $331,242 $322,549 $220,801 $222,724 $247,288
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $34,370 $0 $0 $61,600 $0
Total full costs (estimated) $4,340,518 $4,222,028 $2,889,106 $2,969,582 $3,235,750

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.0 1.5 6.2 9.2 4.1
Months of cash and investments 3.0 2.0 7.0 10.3 8.7
Months of estimated liquid unrestricted net assets 2.4 1.8 4.2 6.6 8.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $1,005,294 $491,646 $1,362,014 $2,039,672 $1,024,573
Investments $0 $167,096 $187,091 $249,241 $1,118,876
Receivables $688,389 $620,409 $308,672 $629,014 $831,500
Gross land, buildings, equipment (LBE) $145,190 $245,502 $245,502 $307,102 $299,202
Accumulated depreciation (as a % of LBE) 61.1% 77.8% 85.4% 72.4% 81.3%
Liabilities (as a % of assets) 9.3% 6.4% 32.6% 17.3% 7.8%
Unrestricted net assets $854,197 $638,690 $973,717 $1,560,872 $2,221,422
Temporarily restricted net assets $813,933 $674,259 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $813,933 $674,259 $306,472 $947,664 $650,000
Total net assets $1,668,130 $1,312,949 $1,280,189 $2,508,536 $2,871,422

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization

Chief Executive Officer

Lena Eberhart

Lena joined Let’s Get Ready in June 2016 after fifteen years in the college access and success field, and with broad experience in program implementation and design, organizational growth, and partnership development. She began as a college counselor at the I Have a Dream Foundation, and transitioned to Comprehensive Development, Inc. (CDI) where she served as Director of College and Career Services at their founding high school, and then as Site Director overseeing CDI’s first expansion to multiple sites. Lena worked at iMentor as Managing Director for the NYC program, steering the site through a period of strategic growth. As a consultant for Phoenix House, Lena developed and facilitated student and parent curriculum focused on drug abuse prevention programs for adolescents. Lena received a BA in Religion from Reed College and a MS in Urban Studies from Hunter College.

Number of employees

Source: IRS Form 990

Let's Get Ready, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Let's Get Ready, Inc.

Highest paid employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Let's Get Ready, Inc.

Board of directors
as of 08/22/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Brook Payner

Partner, Pinehouse Capital LLC

Eugenie Lang Rosenthal

Founder, Let's Get Ready

Priscilla Natkins

Marketing Consultant

Jeffrey A. Jacobs

Merrill Lynch Private Banking & Investment Group

Grace Lamont


Gary Matthews

Morgan Stanley

Patricia McWade

Georgetown University

Laurent Desmangles

The Boston Consulting Group

Brook Payner

Pinehouse Capital LLC

Kate Levin

Macaulay Honors College, City College of New York

Kate Rubenstein

The Blackstone Group

Ben Tagoe

VantageScore Solutions, LLC

Ryan Blackwell


Jung Chai

Community Volunteer

Peter Cole


Portia Green

NBC Universal Comcast

Adrian Mebane

AmeriHealth Caritas

James Quinn


Alan Schoenfeld


Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 9/20/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data


No data

Sexual orientation

No data


No data


Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser