THE CARPENTER'S PROJECT INCORPORATED (EIN 300012954) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

JOHN T CONRAD

Phone

8122363011

Tax Period

2024-01-01 to 2024-12-31

THE CARPENTER'S PROJECT INCORPORATED, founded in 2001, is a small nonprofit in the Religion sector that reported $511K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

CHURCH PLANTING AND EVANGELISM IN FOREIGN COUNTRIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $511,051

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $511,051

Expense Breakdown

Grants Paid $509,737

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $509,737

Other Expenses $13,161

TOTAL EXPENSES $522,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$511,051	$464,698	+0.1%
Expenses	$522,898	$487,719	+0.1%
Net Income	$-11,847	$-23,021	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CONRAD	PRESIDENT	020.00	Officer Director	$0	$0	$0
RODNEY FITZSIMMONS	FIELD REPRESENTATIVE	040.00	Officer Director	$0	$0	$0
DAVID YOUNG	INDEPENDENT DIRECTOR	001.00	Director	$0	$0	$0
STEVE RICH	INDEPENDENT DIRECTOR	001.00	Director	$0	$0	$0
KEITH REEDY	INDEPENDENT DIRECTOR	001.00	Director	$0	$0	$0
THOMAS BURKETT	VP TECHNOLOGY	010.00	Officer Director	$0	$0	$0
ALVIN KNIPFER	VP FINANCE	005.00	Officer Director	$0	$0	$0
JEFF REDLIN	INDEPENDENT DIRECTOR	001.00	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
2025	No data	No data	No data	No data
2024	$511,051	$522,898	$63,626	$-11,847
2023	$464,698	$487,719	$75,473	$-23,021
2022	$459,634	$479,260	$98,494	$-19,626
2021	$464,186	$460,228	$118,120	$3,958
2020	$261,947	$183,809	$114,162	$78,138

THE CARPENTER'S PROJECT INCORPORATED