PROJECT CHAZON INC

EIN: 133549001 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$257,197
Total Expenses
$270,183
Total Assets
$690,103
Net Assets
$626,372
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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
2002
Legal Domicile
NY
Principal Officer
D MECHANIC
Phone
7185545660
Tax Period
2023-07-01 to 2024-06-30

PROJECT CHAZON INC, founded in 2002, is a small nonprofit in the Education sector that reported $257K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Net assets of $626K represent 29 months of operating reserves.

Mission

PROVIDING INDIVIDUAL COUNSELORS AND MENTORS TO HUNDREDS OF TROUBLED YOUNG MEN AND WOMEN AT RISK

Program Service Accomplishments

Program 1
Expenses: $270,183 Revenue: $257,197

PROVIDED INDIVIDUAL COUNSELORS, MENTORS, AND EDUCATION TO HUNDREDS OF YOUNG MEN AND WOMEN AT RISK

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $257,197
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $257,197

Expense Breakdown

Grants Paid $31,198
Salaries & Benefits $115,351
Fundraising Expenses $0
Program Expenses $270,183
Other Expenses $123,634
TOTAL EXPENSES $270,183

Year-over-Year Comparison

2023 2022 Change
Revenue $257,197 $296,077 -0.1%
Expenses $270,183 $289,003 -0.1%
Net Income $-12,986 $7,074 -2.8%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
1
$129,649
Total Directors
3
$129,649
Key Employees
1
$129,649
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D MECHANIC DIRECTOR 35.00
Officer Director Key Emp Highest
$96,649 $33,000 $129,649
Y ZAND DIRECTOR 5.00
Director
$0 $0 $0
DEVORAH MECHANIC TREASURER 5.00
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
2025 No data No data No data No data
2024 $257,197 $270,183 $690,103 $-12,986
2023 $296,077 $289,003 $700,534 $7,074
2022 $274,042 $211,584 $632,385 $62,458
2021 $253,150 $187,441 $569,927 $65,709
2020 $266,522 $177,767 $504,218 $88,755
2019 $252,214 $163,798 $402,820 $88,416
2018 $265,671 $176,005 $314,404 $89,666
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