PROJECT EXPLORATION (EIN 364305660) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

NATASHA SMITH-WALKER

Phone

3122734026

Tax Period

2023-09-01 to 2024-08-31

PROJECT EXPLORATION, founded in 1999, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 8% surplus.

Mission

PROJECT EXPLORATION CREATES TRANSFORMATIVE LEARNING OPPORTUNITIES FOR YOUTH UNDERREPRESENTED IN THE SCIENCES -- PARTICULARLY STUDENTS OF COLOR AND GIRLS -- BY EQUIPPING THEM WITH THE SKILLS, PRACTICES, AND MINDSET NEEDED FOR A LIFELONG PURSUIT OF LEARNING.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,981,805

Program Service Revenue $87,419

Investment Income $42

Other Revenue $0

TOTAL REVENUE $2,069,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $908,747

Fundraising Expenses $185,392

Program Expenses $1,410,130

Other Expenses $985,576

TOTAL EXPENSES $1,894,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,069,266	$1,273,272	+0.6%
Expenses	$1,894,323	$1,475,055	+0.3%
Net Income	$174,943	$-201,783	-1.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$119,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDY LUBIN	CHAIR	1.00	Officer Director	$0	$0	$0
BRYAN HUNT	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
RENEE SCHOENBERG	SECRETARY	1.00	Officer	$0	$0	$0
NICOLE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH HOUBERG	DIRECTOR	1.00	Director	$0	$0	$0
NARASIMHA RAJU NAGUBHAI	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
HENRY CRAAN	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE ACLES	DIRECTOR	1.00	Director	$0	$0	$0
BRIGITTE BOKEMEIER	DIRECTOR	1.00	Director	$0	$0	$0
NATASHA SMITH-WALKER	EXECUTIVE DI	40.00	Director	$119,100	$0	$119,100

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	$2,069,266	$1,894,323	$523,374	$174,943
2023	$1,273,272	$1,475,055	$396,681	$-201,783
2023	$1,273,272	$1,475,055	$396,681	$-201,783
2022	$1,420,429	$1,284,249	$396,534	$136,180
2021	$1,457,126	$1,512,974	$496,596	$-55,848
2020	$969,150	$823,365	$402,219	$145,785
2019	$743,524	$734,874	$245,528	$8,650
2018	$706,746	$670,290	$269,712	$36,456

PROJECT EXPLORATION