PROJECT ROCK SOUTH INC (EIN 203076543) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

LORNA FRECKLETON

Phone

7722375723

Tax Period

2024-10-01 to 2025-09-30

PROJECT ROCK SOUTH INC, founded in 2005, is a micro nonprofit in the Education sector that reported $81K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $77K left a modest 5% surplus.

Mission

TO TEACH PARTICIPANTS THE VALUE OF ACADEMIC LEARNING AND SCHOOL ATTENDANCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,006

Program Service Revenue $0

Investment Income $0

Other Revenue $2,931

TOTAL REVENUE $80,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,319

Fundraising Expenses $619

Program Expenses $67,042

Other Expenses $34,245

TOTAL EXPENSES $76,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,937	$214,815	-0.6%
Expenses	$76,564	$214,040	-0.6%
Net Income	$4,373	$775	+4.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$62,997

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLINE VINEYARD	DIRECTOR	1.00	Director	$0	$0	$0
RUFUS BYRD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHAUNCELOR HOWELL	DIRECTOR	1.00	Director	$0	$0	$0
MARIA BIANCI	TREASURER	1.00	Officer Director	$0	$0	$0
VIC MILLER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHAWN THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
SOLOMON FERNAND	ASST SECRETARY	1.00	Officer Director	$0	$0	$0
LORNA FRECKLETON	PROGRAM DIRECTOR	40.00	Officer	$62,997	$0	$62,997

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	$80,937	$76,564	$16,329	$4,373
2024	$214,815	$214,040	$39,273	$775
2023	$188,678	$202,271	$22,706	$-13,593
2022	$190,695	$196,398	$27,641	$-5,703
2021	$212,116	$172,413	$30,748	$39,703

PROJECT ROCK SOUTH INC