Project Ricochet Inc (EIN 010949080) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Abeni El-Amin

Phone

9198273118

Tax Period

2024-01-01 to 2024-12-31

Project Ricochet Inc, founded in 2010, is a small nonprofit in the Youth Development sector that reported $645K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $186K, a strong 29% operating margin.

Mission

Finding practical solutions that assist minority youth who are prone to anti-social behaviors while discovering positive and productive life-style alternatives

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $645,071

Program Service Revenue $0

Investment Income $23

Other Revenue $0

TOTAL REVENUE $645,094

Expense Breakdown

Grants Paid $29,573

Salaries & Benefits $319,757

Fundraising Expenses $0

Program Expenses $426,308

Other Expenses $109,757

TOTAL EXPENSES $459,087

Year-over-Year Comparison

	2024	2023	Change
Revenue	$645,094	$685,188	-0.1%
Expenses	$459,087	$571,313	-0.2%
Net Income	$186,007	$113,875	+0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$100,098

Total Directors

$55,670

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Abeni El-Amin	President	10.00	Officer	$100,098	$0	$100,098
Quinton Marks	Director	2.00	Director	$55,670	$0	$55,670
Lafe Taylor	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$645,094	$459,087	$394,920	$186,007
2023	$685,188	$571,313	$132,100	$113,875

Project Ricochet Inc