VILLAGE INITIATIVE PROJECT INC (EIN 061624821) - 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

2001

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

VILLAGE INITIATIVE PROJECT INC, founded in 2001, is a small nonprofit in the Education sector that reported $573K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

COLLEGE PREP & TOURS

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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 $573,256

Program Service Revenue $0

Investment Income $22

Other Revenue $0

TOTAL REVENUE $573,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,536

Fundraising Expenses $0

Program Expenses $545,402

Other Expenses $412,075

TOTAL EXPENSES $578,611

Year-over-Year Comparison

	2024	2023	Change
Revenue	$573,278	$649,313	-0.1%
Expenses	$578,611	$735,626	-0.2%
Net Income	$-5,333	$-86,313	-0.9%

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

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

$30,759

Total Directors

$30,759

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERESA WILSON	EXECUTIVE DIR	40.00	Officer Director	$30,759	$0	$30,759
LORI GIBBS	MEMBER	1.00	Director	$0	$0	$0
JEMEL HART	MEMBER	2.00	Director	$0	$0	$0
TERRY WALDEN	MEMBER	1.00	Director	$0	$0	$0
DAVON THOMAS	MEMBER	2.00	Director	$0	$0	$0
SAMUEL N WILSON JR	CHAIRMAN	3.00	Officer Director	$0	$0	$0
CIARA WALKER	TREASURER	2.00	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	$573,278	$578,611	$27,331	$-5,333
2023	$649,313	$735,626	$38,571	$-86,313
2022	$780,422	$802,337	$118,523	$-21,915
2021	$526,135	$526,449	$144,725	$-314
2020	$305,858	$315,878	$181,914	$-10,020
2019	$571,685	$575,077	$4,517	$-3,392
2018	$540,424	$541,844	$8,051	$-1,420

VILLAGE INITIATIVE PROJECT INC