PROJECT CONNECT INC

EIN: 274003340 501(c)(3) International Affairs

MADISON, TN

Total Revenue
$491,983
Total Expenses
$645,337
Total Assets
$757,687
Net Assets
$234,279
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TN
Principal Officer
LEILANI BOULWARE
Phone
6157502802
Tax Period
2024-01-01 to 2024-12-31

PROJECT CONNECT INC, founded in 2010, is a small nonprofit in the International Affairs sector that reported $492K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $645K exceeded revenue, resulting in a 31% operating deficit.

Mission

PROJECT CONNECT, INC. EXISTS TO HELP THE WHOLE PERSON ESCAPE THE HOPELESSNESS OF POVERTY THROUGH THE TRANSFORMATIVE LOVE OF JESUS CHRIST. WE BELIEVE OUR RELATIONSHIP WITH GOD IS OUR PRIMARY RELATIONSHIP IN LIFE THROUGH THE WORK OF JESUS CHRIST IN US. WE ENCOURAGE THE ALLEVIATION OF POVERTY, WHETHER SPIRITUAL, RELATIONAL, OR FINANCIAL, BY EMPOWERING AND HELPING PEOPLE RECOGNIZE, DEVELOP, AND USE THE GIFTS GOD GIVES THEM. WE CULTIVATE A NURTURING ENVIRONMENT WHERE THOSE WHO GATHER WILL EXPERIENCE CONNECTION, LOVE, ENCOURAGEMENT, AND ACCOUNTABILITY. WE HELP TO RESTORE BROKEN RELATIONSHIPS BY POINTING PEOPLE TOWARD JESUS CHRIST WHO HEALS AND MAKES ALL THINGS NEW, INCLUDING RELATIONSHIPS. WE PROVIDE OPPORTUNITIES FOR THE LOCAL CHURCH TO FULFILL ITS CALL TO EQUIP AND EMPOWER THE CONGREGATION BY OFFERING SPACES TO FORM RELATIONSHIPS WITH THOSE LIVING IN POVERTY. WE PROVIDE BIBLICALLY SUPPORTED CURRICULUM, COACHING, AND OTHER RESOURCES LEADING TO ONGOING LIFE CHANGE FOR ALL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $464,715
Program Service Revenue $0
Investment Income $0
Other Revenue $27,268
TOTAL REVENUE $491,983

Expense Breakdown

Grants Paid $24,168
Salaries & Benefits $318,970
Fundraising Expenses $118,603
Program Expenses $281,167
Other Expenses $302,199
TOTAL EXPENSES $645,337

Year-over-Year Comparison

2024 2023 Change
Revenue $491,983 $699,540 -0.3%
Expenses $645,337 $790,117 -0.2%
Net Income $-153,354 $-90,577 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
8
Volunteers
27

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
4
$77,366
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEILANI BOULWARE CHAIR/PRESIDENT (EFF 11/2024) 2.00
Officer Director
$0 $0 $0
APRIL BLALOCK TREASURER 1.00
Officer Director
$0 $0 $0
KIMBERLY YOUNG AVON SECRETARY 1.00
Officer Director
$0 $0 $0
SID STANLEY DIRECTOR 1.00
Director
$0 $0 $0
LETOIA CROZIER DIRECTOR 1.00
Director
$0 $0 $0
FERNANDO MUNOZ DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY SAIN DIRECTOR 1.00
Director
$0 $0 $0
JEFF DARNELL PRESIDENT (THRU 10/2024) 40.00
Officer
$77,366 $0 $77,366
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 $491,983 $645,337 $757,687 $-153,354
2023 $699,540 $790,117 $922,828 $-90,577
2022 $971,899 $855,819 $1,040,140 $116,080
2021 $1,552,607 $1,485,631 $935,489 $66,976
2020 $1,374,079 $1,160,869 $371,771 $213,210
2019 $440,570 $421,720 $78,533 $18,850
2018 $335,753 $359,326 $59,984 $-23,573
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROJECT CONNECT INC with other nonprofits in Tennessee and across the country.