PROJECT ADVENTURE INC (EIN 042749823) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

ELIZABETH NEU

Phone

9785244500

Tax Period

2023-01-01 to 2023-12-31

PROJECT ADVENTURE INC, founded in 1981, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

DEVELOP AND DISSEMINATE MODEL ADVENTURE BASED PROGRAMS FOR BOTH THERAPEUTIC ORGANIZATIONS AND CORPORATE TRAINING PROGRAMS THROUGHOUT THE WORLD.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $272,679

Program Service Revenue $3,232,483

Investment Income $45,501

Other Revenue $136,397

TOTAL REVENUE $3,687,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,337,995

Fundraising Expenses $98,826

Program Expenses $2,695,599

Other Expenses $1,320,344

TOTAL EXPENSES $3,658,339

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,687,060	$3,884,977	-0.1%
Expenses	$3,658,339	$3,446,951	+0.1%
Net Income	$28,721	$438,026	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$272,792

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA MATHEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN GOEBEN	TREASURER	1.00	Officer Director	$0	$0	$0
DICK MORGAN	VICE CHAIRMAN	1.00	Director	$0	$0	$0
SCOTT BEYER	CLERK	1.00	Director	$0	$0	$0
JIM OKER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEROME PIEH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER WELD JR	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DORMAN	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY SCHOON	DIRECTOR	1.00	Director	$0	$0	$0
GERMAN DISLA	DIRECTOR	1.00	Director	$0	$0	$0
JAMES JANDL	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA FERRANTE	DIRECTOR	1.00	Director	$0	$0	$0
CAITLIN MCCORMICK SMALL	PRESIDENT	40.00	Officer	$140,000	$10,176	$150,176
ELIZABETH NEU	CFO	40.00	Officer	$108,973	$13,643	$122,616

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	No data	No data	No data	No data
2023	$3,687,060	$3,658,339	$2,304,231	$28,721
2022	$3,884,977	$3,446,951	$2,097,644	$438,026
2021	$4,703,745	$2,548,570	$1,895,624	$2,155,175
2020	$1,916,399	$2,134,027	$2,418,209	$-217,628

PROJECT ADVENTURE INC