PROJECT MORE INC (EIN 060957736) - 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

1976

Legal Domicile

Principal Officer

EDWARD MARTIN

Phone

2038483113

Tax Period

2022-07-01 to 2023-06-30

PROJECT MORE INC, founded in 1976, is a community nonprofit in the Crime & Legal sector that reported $8.2M in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year.

Mission

PROJECT MORE'S MISSION IS TO PROVIDE A STRUCTURED AND SYSTEMATIC PROCESS TO REINTEGRATE EX-OFFENDERS INTO THE COMMUNITY AND TO PROVIDE SERVICES TO THEIR FAMILIES. IN PROVIDING THIS SERVICE, PROJECT MORE WORKS WITH INDIVIDUALS ON PAROLE, PROBATION, BAIL AND THOSE RELEASED FROM CORRECTIONAL FACILITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $8,098,500

Program Service Revenue $118,264

Investment Income $2,101

Other Revenue $0

TOTAL REVENUE $8,218,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,736,484

Fundraising Expenses $0

Program Expenses $6,525,303

Other Expenses $2,256,028

TOTAL EXPENSES $7,992,512

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,218,865	$9,312,007	-0.1%
Expenses	$7,992,512	$8,182,815	0.0%
Net Income	$226,353	$1,129,192	-0.8%

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

180

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

$259,761

Total Directors

$123,671

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE WILLOUGHBY	BOARD MEMBER	40.00	Director	$84,936	$38,735	$123,671
GREGORY SIMPKINS	CHAIRMAN	0.20	Director	$0	$0	$0
SANDY NECLERIO	1ST CHAIR	0.20	Director	$0	$0	$0
ATTORNEY BEVIN SALMON	BOARD MEMBER	0.20	Director	$0	$0	$0
VAL CAPOBIANCO	BOARD MEMBER	0.20	Director	$0	$0	$0
JEFFREY DAWSON	SECRETARY	0.20	Director	$0	$0	$0
JAMES E OUTLAW	TREASURER	0.20	Director	$0	$0	$0
EDWARD A MARTIN	FINANCE DIR.	40.00	Officer	$106,383	$13,153	$119,536
DENNIS DANIELS	CEO/PRESIDENT	40.00	Officer	$137,044	$3,181	$140,225

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$8,218,865	$7,992,512	$8,636,249	$226,353
2022	$9,312,007	$8,182,815	$8,541,176	$1,129,192
2021	$7,741,974	$7,039,218	$8,367,819	$702,756
2020	$7,223,161	$7,137,849	$6,863,173	$85,312
2019	$7,517,291	$7,133,254	$7,374,878	$384,037
2018	$7,056,898	$7,067,995	$6,764,515	$-11,097

PROJECT MORE INC