DANNON PROJECT

EIN: 141891112 501(c)(3) Community Improvement

Birmingham, AL

Total Revenue
$5,962,906
Total Expenses
$4,139,287
Total Assets
$2,289,634
Net Assets
$2,148,634
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
AL
Principal Officer
Kerri Pruitt
Phone
2052024072
Tax Period
2023-01-01 to 2023-12-31

DANNON PROJECT, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $6.0M in total revenue in fiscal year 2023. The organization ran a surplus of $1.8M, a strong 31% operating margin.

Mission

To provide reentry and other transitional and workforce training services to WIOA and several vulnerable populations, including unemployed, underemployed, uneducated and undereducated, adult and young adults who have been in conflict with the law, pregnant and parenting teens, uninsured and underinsured, and their families by reducing barriers such as homelessness or risk of becoming homeless, employment, discrimination, job training, education, behavioral health treatment, and several emergency support services. During the FY, the agency expanded its ACER Reentry model to nine West Alabama Counties and to the Chattahoochee River Valley Region encompassing contiguous Russell and Lee Counties (Eastern) Alabama. We also provide workforce development/readiness services across 16 Alabama counties.

Program Service Accomplishments

Program 1
Expenses: $2,490,000 Revenue: $2,490,000

Young Adult Reentry Programs (serving as an RP Intermediary) and Reentry Program (Adult Reentry Program) were funded by the Department of Labor ETA. The Young Adults and Adult programs provide...

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Young Adult Reentry Programs (serving as an RP Intermediary) and Reentry Program (Adult Reentry Program) were funded by the Department of Labor ETA. The Young Adults and Adult programs provide reentry services to persons in conflict with the law or served in prison or jail. The Young Adult Intermediary Reentry Program (Growth Opportunities) serves as both a diversion and reentry program for young adults, male and female, between the ages of 18-24. Outcomes included a 3% recidivism rate overall, a 90% mentoring rate, a $14.89 average hourly earnings, an 84% Employment 2nd Quarter After Exit, an Employment Rate of 91% 4th Quarter After Exit, and an 82% Credential Attainment Rate. This program serves Site 01 (Jefferson County's WIOA North Central Alabama Region); Site 07 (West Alabama nine WIOA Region 3 counties); and the Chattahoochee River Valley Region of Columbus, GA en, compassing Russell and Lee Counties of AL (Eastern AL). The DOL RP (Pathways) served 419 male and female persons previously incarcerated between 18 and 60. All participants may not have ever had a sex crime other than prostitution. This program provides reentry services funded under the Pathways Home, a pre-release and post-release reentry program, and GO (Intermediary federally funded grants. Services provided include case management, education, housing assistance, job placement, job readiness, financial literacy, life skills, career counseling, career pathways establishment, violence prevention and intervention, mentoring, career training, certifications, and wraparound supportive services. All eligible participants are referred for medical healthcare and behavioral health services. Outcomes include a 100% enrollment rate, 96% participation rate, $15.04 average hourly earnings, 94% Entered Employment Rate, 92% Employment Retention Rate, and 3% Recidivism Rate. The Pathway Homes Initiative ended on 12/31/2023, which allowed us to extend pre-release programming in Jefferson County Jails and several Alabama Department of Corrections Prison facilities.

Program 2
Expenses: $542,500 Revenue: $542,500

MBDA (FLEE Program) is an entrepreneurial training program for previously incarcerated persons. We served 50/50. 21 participants started micro-businesses during the fiscal year. The remaining...

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MBDA (FLEE Program) is an entrepreneurial training program for previously incarcerated persons. We served 50/50. 21 participants started micro-businesses during the fiscal year. The remaining participants will graduate in 2024. Funds received = $300,000. Funds Spent $300,000 ADMH is a contract to provide training and technical assistance across the State of Alabama for the National Stepping Up Initiative. We served 70% of all of Alabama's 66 Counties. Recognized nationally for stellar performance. Funds received $242,499.96. Funds Spent $242,499.96

Program 3
Expenses: $574,406 Revenue: $574,406

WIOA FUNDED PROGRAMS: 1) The Youth Opportunity Careers (OSY) program includes funding and program services for participants who may or may not have been involved with the criminal justice system but...

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WIOA FUNDED PROGRAMS: 1) The Youth Opportunity Careers (OSY) program includes funding and program services for participants who may or may not have been involved with the criminal justice system but are WIOA eligible. The Out of School Youth (OSY) Program funds 65 Out of School WIOA eligible students to receive occupational training and certifications leading to careers in high-demand and in-demand careers. The project succeeded with a 90% job placement rate, 97% Program Completion Rate, and 92% Certification Attainment. Services provided were recruitment, outreach, case management, job training, job readiness, occupational training, occupational certifications, coordination of behavioral health services and medical health services, mentoring, leadership, and job placement. Funds Received $449,405.53. Funds Spent $449,405.53 We were also granted the Work-Based Learning Program funding to provide work-based learning opportunities to 50 young adults aged 18-24. 88% of the participants enrolled were placed successfully on a work-based learning assignment and were offered F/T unsubsidized employment. Funds Received = $125,000.00; and funds spent = $125,000.00

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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 $5,962,906
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,962,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,644,310
Fundraising Expenses $0
Program Expenses $3,707,029
Other Expenses $2,494,977
TOTAL EXPENSES $4,139,287

Year-over-Year Comparison

2023 2022 Change
Revenue $5,962,906 $6,147,226 0.0%
Expenses $4,139,287 $5,916,767 -0.3%
Net Income $1,823,619 $230,459 +6.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
108
Volunteers
5

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
0
$0
Total Directors
3
$0
Key Employees
3
$153,832
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kerri Pruitt Executive Director 60
Key Emp
$137,351 $0 $137,351
Takisha Alvis Youth Operations Manager 50
Key Emp
$16,481 $0 $16,481
Benjamin Lankford Board President 3
Director
$0 $0 $0
John Downing Vice President 2
Director
$0 $0 $0
Lindsey Lasseter Treasurer 2
Director
$0 $0 $0
Miranda Coifed Secretary 3
Key Emp
$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 $4,351,906 $4,428,287 $889,634 $-76,381
2023 $5,962,906 $4,139,287 $2,289,634 $1,823,619
2022 $6,147,226 $5,916,767 $1,868,015 $230,459
2021 $4,767,330 $4,848,950 $1,172,697 $-81,620
2020 $5,792,591 $6,008,079 $2,922,674 $-215,488
2019 $6,027,646 $6,406,887 $4,012,046 $-379,241
2018 $4,096,091 $4,096,091 $3,912,911 No data
2017 $3,759,963 $3,759,963 $3,216,413 No data
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