THE NIGERIAN SCHOOL PROJECT

EIN: 203824347 501(c)(3) Education

Teaneck, NJ

Total Revenue
$12,723
Total Expenses
$185,715
Total Assets
$58,014
Net Assets
$58,014
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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
2005
Legal Domicile
NJ
Principal Officer
DENA GRUSHKIN
Tax Period
2021-01-01 to 2021-12-31

THE NIGERIAN SCHOOL PROJECT, founded in 2005, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2021. Expenses of $186K exceeded revenue, resulting in a 1360% operating deficit.

Mission

BUILDING SCHOOLS IN NIGERIA

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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 (2021)

Revenue Breakdown

Contributions & Grants $12,653
Program Service Revenue $0
Investment Income $70
Other Revenue $0
TOTAL REVENUE $12,723

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,715
Other Expenses $185,715
TOTAL EXPENSES $185,715

Year-over-Year Comparison

2021 2020 Change
Revenue $12,723 N/A N/A
Expenses $185,715 N/A N/A
Net Income $-172,992 N/A N/A
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
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IVORY MCGEE DIRECTOR 15.00
Officer Director
$0 $0 $0
ONA BRADSHAW DIRECTOR 15.00
Officer Director
$0 $0 $0
DENA GRUSHKIN CEO 30.00
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
2021 $12,723 $185,715 $58,014 $-172,992
2019 $334,580 $322,712 $64,052 $11,868
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