SPOKANE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROJECT 619, founded in 2010, is a small nonprofit that reported $108K in total revenue in fiscal year 2021. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 117% operating deficit.
PROJECT SIX19 IS NOT A PUTRITY MOVEMENT. RATHER, WE ARE A MOVEMENT DESIGNED TO EMPOWER PEOPLE TO LIVE OUT RELATIONSHIPS IN A WAY WHICH BRINGS TRUE LIFE, CENTERED ON CHRIST.
PROJECT SIX19 EXISTS TO PROMOTE BIBLICAL SEXUALITY THROUGH CULTURALLY RELEVANT EDUCATION AND INITIATIVES. A HOLISTIC APPROACH IS USED WHILE RECOGNIZING THAT A GROWING RELATIONSHIP WITH JESUS CHRIST...
PROJECT SIX19 EXISTS TO PROMOTE BIBLICAL SEXUALITY THROUGH CULTURALLY RELEVANT EDUCATION AND INITIATIVES. A HOLISTIC APPROACH IS USED WHILE RECOGNIZING THAT A GROWING RELATIONSHIP WITH JESUS CHRIST INVOLVES THE RENEWAL OF THE WHOLE PERSON. A GROWING LOVE RELATIONSHIP WITH JESUS CHRIST IS CRITICAL FOR SPIRITUAL, PHYSICAL, MENTAL AND SOCIAL HEALTH. THUS, WE ENGAGE CULTURE TO UNDERSTAND IT AND EQUIP OURSELVES WITH THE KNOWLEDGE TO SPEAK TRUTH INTO THE CURRENT CULTURE BY INTENTIONALLY CREATING ENVIRONMENTS THAT UTILIZE SPACE, TIME, COMMUNITY AND TECHNOLOGY. IT IS IMPORTANT THAT WE ENTER INTO COMMUNITY AND WORK WITH OTHER ORGANIZATIONS WHOSE VISION AND VALUES ALIGN WITH THOSE OF PROJECT SIX19. WE BELIEVE IN FINDING INNOVATIVE WAYS TO COMMUNICATE OUR MESSAGE BY ALLOWING FOR OPPORTUNITIES TO MANIFEST THEMSELVES THROUGH AN ORGANIC APPROACH. WE WILL EARN THE RIGHT TO BE HEARD BY BEING SENSITIVE TO THE ETHNIC, RACIAL, SOCIOECONOMIC AND RELIGIOUS BACKGROUNDS OF OUR AUDIENCES.On January 25, 2022, the Board of Directors voted to cease ministry operations effective February 1, 2022.On January 27, 2022, the Chairman of the Board notified the two final employees that the ministry was closing and they would be paid for their services through February 28, 2022.From February 1, 2022 to the end of the year, the Board of Directors has worked to finalize all actions in order to file dissolution with the State of Washington.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $107,582 | $418,894 | -0.7% |
| Expenses | $232,961 | $331,297 | -0.3% |
| Net Income | $-125,379 | $87,597 | -2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JASON SOUCINEK | EXECUTIVE DIRECTOR | 40.00 |
|
$69,600 | $0 | $69,600 |
| DAVID KIMMETT | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN STEVENS | Chairman | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MITCH WILLIAMS | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SEAN TOBIN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BECKY KOPPLIN | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSH STELLY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $107,582 | $232,961 | No data | $-125,379 |
| 2021 | $418,894 | $331,297 | $166,307 | $87,597 |
| 2020 | $218,976 | $213,174 | $78,944 | $5,802 |
| 2019 | $218,498 | $203,961 | $42,981 | $14,537 |
| 2018 | $195,133 | $198,299 | $25,592 | $-3,166 |
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