BOSTON PROJECT MINISTRIES INC (EIN 043395307) - 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

1995

Legal Domicile

Principal Officer

PAUL MALKEMES

Phone

6177979529

Tax Period

2023-01-01 to 2023-12-31

BOSTON PROJECT MINISTRIES INC, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $815K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

IS TO ENGAGE NEIGHBORS AND VOLUNTEERS TO BUILD AND NURTURE STRONG COMMUNITIES CHARACTERIZED BY GOD' SHALOM

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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 (2023)

Revenue Breakdown

Contributions & Grants $795,569

Program Service Revenue $19,550

Investment Income $42

Other Revenue $0

TOTAL REVENUE $815,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $597,300

Fundraising Expenses $39,406

Program Expenses $758,846

Other Expenses $263,888

TOTAL EXPENSES $861,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$815,161	$863,752	-0.1%
Expenses	$861,188	$724,003	+0.2%
Net Income	$-46,027	$139,749	-1.3%

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

Employees

Volunteers

250

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

$55,989

Total Directors

$55,989

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL MALKEMES	EXECUTIVE DI	40.00	Officer Director	$55,989	$0	$55,989
LATONYA BROWN	DIRECTOR	2.00	Director	$0	$0	$0
MAKO NAGASAWA	TREASURER	5.00	Officer Director	$0	$0	$0
DAMARIS TAYLOR	SECRETARY	5.00	Officer 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	No data	No data	No data	No data
2023	$815,161	$861,188	$627,135	$-46,027
2022	$863,752	$724,003	$666,289	$139,749
2021	$731,169	$474,194	$499,609	$256,975
2020	$472,541	$369,487	$234,400	$103,054
2019	$442,627	$394,475	$86,103	$48,152
2018	$419,760	$438,811	$68,731	$-19,051

BOSTON PROJECT MINISTRIES INC