Project Prosper Inc (EIN 208936475) - 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

2007

Legal Domicile

Principal Officer

David Gonzalez

Phone

7272660816

Tax Period

2024-01-01 to 2024-12-31

Project Prosper Inc, founded in 2007, is a small nonprofit in the Human Services sector that reported $214K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $306K exceeded revenue, resulting in a 43% operating deficit.

Mission

To provide financial integration services and resources that empower recent immigrants and in the Tampa Bay community to achieve financial stability and inclusion.

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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 (2024)

Revenue Breakdown

Contributions & Grants $193,239

Program Service Revenue $8,950

Investment Income $12,771

Other Revenue $-1,138

TOTAL REVENUE $213,822

Expense Breakdown

Grants Paid $150

Salaries & Benefits $258,217

Fundraising Expenses $46,474

Program Expenses $249,438

Other Expenses $47,238

TOTAL EXPENSES $305,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,822	$312,313	-0.3%
Expenses	$305,605	$249,924	+0.2%
Net Income	$-91,783	$62,389	-2.5%

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

Volunteers

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

$103,726

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Gonzalez	President/Treasurer	12.50	Officer Director	$0	$0	$0
Sandy Knight	Secretary	2.00	Officer Director	$0	$0	$0
Molly Auld	Trustee	1.00	Director	$0	$0	$0
Robin Warren	Governance Cmte Chair	1.00	Director	$0	$0	$0
Ron Knight	Trustee	1.00	Director	$0	$0	$0
Michelle Waite	Trustee	1.00	Director	$0	$0	$0
Sean Dougherty	Trustee	1.00	Director	$0	$0	$0
Caitlin Rusczyk	Trustee	1.00	Director	$0	$0	$0
Aida Sanchez	Trustee	1.00	Director	$0	$0	$0
Faye Steinhauser	Executive Director	40.00	Officer	$103,726	$0	$103,726

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	$213,822	$305,605	$652,264	$-91,783
2023	$312,313	$249,924	$544,568	$62,389
2022	$252,306	$210,736	$453,917	$41,570
2021	$254,547	$187,364	$430,173	$67,183
2020	$223,944	$169,257	$379,484	$54,687
2019	$198,924	$139,384	$284,023	$59,540

Project Prosper Inc