PROJECT MANAGEMENT INSTITUTE EDUCA… - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

OLIVIER LAZAR

Phone

6103564600

Tax Period

2023-01-01 to 2023-12-31

PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION, founded in 1990, is a community nonprofit in the Community Improvement sector that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $6.3M left a modest 10% surplus.

Mission

ENABLE YOUTH TO REALIZE THEIR POTENTIAL AND TRANSFORM LIVES THROUGH PROJECT MANAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $975,166

PM READY WORKFORCE AND GENERAL PROGRAMMING: THE FOUNDATION DELIVERS GENERAL PROGRAMMING TO INCLUDE DOZENS OF SCHOLARSHIPS, PROFESSIONAL AND STUDENT AWARDS, NETWORKING GROUPS, ENGAGEMENT OF LOCAL...

PM READY WORKFORCE AND GENERAL PROGRAMMING: THE FOUNDATION DELIVERS GENERAL PROGRAMMING TO INCLUDE DOZENS OF SCHOLARSHIPS, PROFESSIONAL AND STUDENT AWARDS, NETWORKING GROUPS, ENGAGEMENT OF LOCAL COMMUNITIES THROUGH PMI CHAPTERS, VOLUNTEER OPPORTUNITIES AND NEW EDUCATIONAL RESOURCES. THESE PROGRAMMING ACTIVITIES EXPAND EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS THROUGH ACADEMIC AND WORK-BASED LEADERSHIP OPPORTUNITIES.

Program 2

Expenses: $4,507,043

PM KNOWLEDGEABLE YOUTH AND YOUTH-SERVING NONPROFITS: THE FOUNDATION CULTIVATES LONG-TERM RELATIONSHIPS WITH NONPROFITS ACROSS THE GLOBE TO HELP THEM INTEGRATE PROJECT MANAGEMENT INTO THEIR YOUTH...

PM KNOWLEDGEABLE YOUTH AND YOUTH-SERVING NONPROFITS: THE FOUNDATION CULTIVATES LONG-TERM RELATIONSHIPS WITH NONPROFITS ACROSS THE GLOBE TO HELP THEM INTEGRATE PROJECT MANAGEMENT INTO THEIR YOUTH PROGRAMS AND TO BUILD THEIR OWN PROJECT MANAGEMENT CAPABILITY. THIS FOCUS ON YOUTH SERVING NON-PROFITS PROVIDES GREATER VALUE AND IMPACT TO YOUTH, AGED 5-19, AND THE NONPROFIT ORGANIZATIONS THAT SERVE THEM, WHILE ALSO LEVERAGING THE YOUTH-FOCUSED WORK THE FOUNDATION HAS ACCOMPLISHED OVER THE PAST SEVEN YEARS.

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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 $6,883,097

Program Service Revenue $0

Investment Income $93,464

Other Revenue $0

TOTAL REVENUE $6,976,561

Expense Breakdown

Grants Paid $4,674,975

Salaries & Benefits $0

Fundraising Expenses $216,880

Program Expenses $5,482,209

Other Expenses $1,603,935

TOTAL EXPENSES $6,278,910

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,976,561	$6,205,512	+0.1%
Expenses	$6,278,910	$5,576,813	+0.1%
Net Income	$697,651	$628,699	+0.1%

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

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

$1,344,781

Total Directors

Key Employees

$202,100

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PIERRE LE MANH	CEO OF PMI	5.0	Officer	$0	$38,979	$1,040,635
MICHAEL DEPRISCO	FORMER OFFICER	0.0		$0	$16,716	$304,725
OLIVIER LAZAR	COO	10.0	Officer	$0	$13,940	$304,146
ASHLEY FORSYTH	PMIEF EXECUTIVE MANAGER	0.0	Key Emp	$0	$37,017	$202,100
RAMAM ATMAKURI	CHAIR	5.0	Officer Director	$0	$0	$0
ANCA SLUSANSCHI	DIRECTOR	5.0	Director	$0	$0	$0
MITCHELL FONG	SECRETARY	5.0	Officer Director	$0	$0	$0
AYODEJI ISHMAEL	DIRECTOR	5.0	Director	$0	$0	$0
KAREN DOVE	DIRECTOR	5.0	Director	$0	$0	$0
KARA NEIL	DIRECTOR	5.0	Director	$0	$0	$0
CHRISTIAAN KINDERMANS	DIRECTOR	5.0	Director	$0	$0	$0
ANAEL NDOSA	DIRECTOR	5.0	Director	$0	$0	$0
CONNIE FIGLEY	TREASURER	5.0	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	$6,976,561	$6,278,910	$4,197,264	$697,651
2022	$6,205,512	$5,576,813	$6,395,855	$628,699
2021	$4,802,761	$3,481,544	$4,756,055	$1,321,217
2020	$4,084,809	$4,111,690	$5,108,911	$-26,881
2019	$6,483,051	$7,154,487	$5,594,614	$-671,436
2018	$5,972,808	$5,734,649	$3,810,632	$238,159

PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION