Project Beginnings I Inc (EIN 204580301) - 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

2006

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Project Beginnings I Inc, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $107K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $142K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR ELDERLY, DISABLED, HANDICAPPED AND MENTALLY ILL PERSONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $71,227

Program Service Revenue $36,028

Investment Income $19

Other Revenue $0

TOTAL REVENUE $107,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,533

Other Expenses $141,962

TOTAL EXPENSES $141,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,274	$129,464	-0.2%
Expenses	$141,962	$130,694	+0.1%
Net Income	$-34,688	$-1,230	+27.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Edger	Trustee	0.50	Director	$0	$0	$0
Jerry Craig	Trustee	0.50	Director	$0	$0	$0
BreAnna Pantzer	Trustee	0.50	Director	$0	$0	$0
Mary Jones	President	1.00	Officer Director	$0	$0	$0
Natalie Grier	Vice President	0.00	Officer Director	$0	$0	$0
Mike Bullock	Secretary	0.00	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	No data	No data	No data	No data
2023	$107,274	$141,962	$692,068	$-34,688
2022	$129,464	$130,694	$717,356	$-1,230
2021	$138,272	$124,288	$729,250	$13,984
2020	$213,098	$142,005	$705,758	$71,093
2019	$120,143	$150,927	$728,714	$-30,784
2018	$113,979	$145,199	$743,471	$-31,220

Project Beginnings I Inc