Project Sweet Peas

EIN: 273679594 501(c)(3) Human Services

Warwick, RI

Total Revenue
$443,740
Total Expenses
$375,790
Total Assets
$485,335
Net Assets
$482,896
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
PA
Principal Officer
Corin E Nava
Phone
4012120210
Tax Period
2023-01-01 to 2023-12-31

Project Sweet Peas, founded in 2010, is a small nonprofit in the Human Services sector that reported $444K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 15% operating margin.

Mission

Project Sweet Peas' mission is to empower and support families of fragile infants, and to inspire hope through remembrance for those affected by pregnancy and infant loss.Project Sweet Peas is a national non-profit organization providing support to families and caregivers of premature or sick infants and families impacted by pregnancy and infant loss. Our programs support families through NICU care packages, remembrance memory boxes, hospital events, peer-to-peer support groups, NICU family financial aid, remembrance vigils, and educational materials.

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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 (2023)

Revenue Breakdown

Contributions & Grants $362,753
Program Service Revenue $0
Investment Income $2,317
Other Revenue $78,670
TOTAL REVENUE $443,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $62,510
Fundraising Expenses $7,484
Program Expenses $303,258
Other Expenses $313,280
TOTAL EXPENSES $375,790

Year-over-Year Comparison

2023 2022 Change
Revenue $443,740 $332,147 +0.3%
Expenses $375,790 $363,906 +0.0%
Net Income $67,950 $-31,759 -3.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
100

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
5
$33,750
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Corin Nava Executive Dir. 40.00
Officer
$33,750 $0 $33,750
Kelcey Farr Director 5.00
Director
$0 $0 $0
Sarah King Bhetaria President 20.00
Officer
$0 $0 $0
Gina Anetakis Vice President 5.00
Officer
$0 $0 $0
Diane Hrenko Secretary 5.00
Officer
$0 $0 $0
Al Hannon Treasurer 5.00
Officer
$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 $443,740 $375,790 $485,335 $67,950
2022 $332,147 $363,906 $419,320 $-31,759
2021 $416,363 $342,915 $457,831 $73,448
2020 $286,980 $183,004 $373,257 $103,976
2019 $285,128 $223,163 $274,131 $61,965
2018 $198,530 $142,668 $207,316 $55,862
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