PROJECT FIGHTING CHANCE

EIN: 274954748 501(c)(3) Youth Development

HIGHLAND, CA

Total Revenue
$596,651
Total Expenses
$666,752
Total Assets
$60,984
Net Assets
$-48,191
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
IAN FRANKLIN
Phone
9096368246
Tax Period
2024-01-01 to 2024-12-31

PROJECT FIGHTING CHANCE, founded in 2010, is a small nonprofit in the Youth Development sector that reported $597K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $667K exceeded revenue, resulting in a 12% operating deficit.

Mission

Project Fighting Chance is a youth mentoring life skills program that started in 1999 in the low-income community of San Bernardino. It uses vehicles to drive youth from anti-social behavior to the organized sport of amateur boxing. It has an integrated program model that provides athletics healthy eating vocational training education and counseling.

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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 (2024)

Revenue Breakdown

Contributions & Grants $596,651
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $596,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $599,634
Fundraising Expenses $0
Program Expenses $666,752
Other Expenses $67,118
TOTAL EXPENSES $666,752

Year-over-Year Comparison

2024 2023 Change
Revenue $596,651 $965,055 -0.4%
Expenses $666,752 $940,357 -0.3%
Net Income $-70,101 $24,698 -3.8%
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
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$60,276
Total Directors
2
$113,001
Key Employees
4
$230,277
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ian Franklin Director of After school program 40.00
Officer Key Emp
$60,276 $0 $60,276
Terry Boykins Director 40.00
Director Key Emp
$55,501 $0 $55,501
La Quetta Simmons Treasure-Board Director-Director 40.00
Director Key Emp
$57,500 $0 $57,500
Rory Gandy 2nd Vice Chair 1.00
Officer
$0 $0 $0
JaTori Harris Board Member 1.00
Officer
$0 $0 $0
Gary Holcome Jr Board Member 1.00
Officer
$0 $0 $0
Regina Dean Business Administrator 30.00
Key Emp
$57,000 $0 $57,000
Lateara Barnes Board Member 1.00
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 $596,651 $666,752 $60,984 $-70,101
2023 $965,055 $940,357 $81,497 $24,698
2022 $339,720 $421,908 $88,892 $-82,188
2018 $219,464 $151,010 $98,877 $68,454
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