PROJECT VETERANS PRIDE (EIN 364706077) - 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

2011

Legal Domicile

Principal Officer

CHRISTEEN VERCHOT

Phone

6026947598

Tax Period

2022-01-01 to 2022-04-30

PROJECT VETERANS PRIDE, founded in 2011, is a micro nonprofit that reported $154K in total revenue in fiscal year 2021. Revenue fell 143% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO HAVE EVERY HOMELESS VETERAN GAIN BACK THEIR PRIDE AND DIGNITY SO THAT THEY CAN RETURN TO SOCIETY AS A SELF-SUFFICIENT AND PRODUCTIVE MEMBER ONCE AGAIN.

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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 (2021)

Revenue Breakdown

Contributions & Grants $16,197

Program Service Revenue $0

Investment Income $-170,379

Other Revenue $621

TOTAL REVENUE $-153,561

Expense Breakdown

Grants Paid $60,471

Salaries & Benefits $0

Fundraising Expenses $993

Program Expenses $145,530

Other Expenses $96,791

TOTAL EXPENSES $157,262

Year-over-Year Comparison

	2021	2020	Change
Revenue	$-153,561	$353,044	-1.4%
Expenses	$157,262	$421,216	-0.6%
Net Income	$-310,823	$-68,172	+3.6%

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

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
CHRISTEEN VERCHOT	PRESIDENT	020.00	Officer Director	$0	$0	$0
SHIRLEY COOMER	VICE-PRESIDENT	005.00	Officer Director	$0	$0	$0
NANCY LEE KUCHARSKI	TREASURER	005.00	Officer Director	$0	$0	$0
WILLIAM HOWARTH	SECRETARY	005.00	Officer Director	$0	$0	$0
JOHNNY WALKER	DIRECTOR	002.00	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
2022	$-153,561	$157,262	No data	$-310,823
2021	$353,042	$421,216	$814,867	$-68,174
2020	$559,215	$580,356	$886,183	$-21,141
2019	$459,558	$427,218	$914,570	$32,340
2018	$652,260	$411,553	$905,087	$240,707
2017	$376,604	$362,901	$127,692	$13,703

PROJECT VETERANS PRIDE