PROJECT 52 INC

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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

2007

Legal Domicile

Principal Officer

WILLIAM CLARK

Phone

5154918543

Tax Period

2020-01-01 to 2020-12-31

PROJECT 52 INC, founded in 2007, is a small nonprofit in the Mental Health sector that reported $129K in total revenue in fiscal year 2020. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

STRENGTHENING LIVES BY SERVING OTHERS 52 WEEKS A YEAR.

Program Service Accomplishments

Program 1

Expenses: $56,625

DOMINICAN REPUBLIC MISSION - PROJECT 52 PARTNERS WITH COMPASS POINT SCHOOL AND LIGHTHOUSE SCHOOL IN LOS ALCARRIZOS, DOMINICAN REPUBLIC. PROJECT 52 ORGANIZES PROJECTS TO RAISE FUNDS FOR NUMEROUS...

DOMINICAN REPUBLIC MISSION - PROJECT 52 PARTNERS WITH COMPASS POINT SCHOOL AND LIGHTHOUSE SCHOOL IN LOS ALCARRIZOS, DOMINICAN REPUBLIC. PROJECT 52 ORGANIZES PROJECTS TO RAISE FUNDS FOR NUMEROUS BUILDING PROJECTS TO SUPPORT THE COMMUNITY AND YOUTH IN THE DOMINICAN REPUBLIC. IN ADDITION TO RAISING FUNDS, INDIVIDUALS GO ON MISSION TRIPS TO HELP WITH THE CONSTRUCTION OF THESE PROJECTS. PAST PROJECTS HAVE INCLUDED SINGLE FAMILY HOMES, DORMITORY ROOMS, KITCHEN EQUIPMENT, GYMNASIUM, POOL, RECREATION FACILITY, CHURCH CLASSROOM FLOOR AND BASEBALL FIELD. 2020 PROJECTS INCLUDED WORK ON NEW LIGHTHOUSE VILLA ALTAGRACIA.

Program 2

Expenses: $59,646

"THE BRANCH" IS AN OUTREACH CENTER IN SIOUX FALLS, SOUTH DAKOTA. THE BRANCH HELPS YOUNG MEN GROW IN FAITH, REALIZE THEIR PURPOSE, AND DISCOVER THE GIFTS THEY CAN SHARE WITH OTHERS. IT IS A SAFE PLACE THAT PROVIDES MENTORS AND RESOURCES AT NO COST. IN 2020 10-15 MEN WHO ARE STRUGGLING WITH ADDICTION WERE MENTORED TO EACH WEEK. THERE WERE 2 EVENTS IN 2020 TO CLEAN UP TRASH IN THE NEIGHBORHOODS. HYGIENE ITEMS, BIBLES AND DEVOTION BOOKS WERE DISTRIBUTED. MOST PROGRAMS WERE PAUSED IN 2020 DUE TO THE COVID-19 PANDEMIC. AT THE END OF THE YEAR THE BRANCH PROGRAM SPLIT OFF FROM PROJECT 52 TO IT'S OWN NON- PROFIT ORGANIZATION, FIFTEEN FIVE MINISTRIES.

Program 3

Expenses: $4,135

ADOPT A FAMILY - WE ADOPT 3-5 FAMILIES EACH YEAR FOR 52 WEEKS. MOST OF OUR FAMILIES ARE SINGLE PARENT FAMILIES OR FAMILIES WITH MAJOR MEDICAL CONDITIONS THAT REQUIRE ADDITIONAL RESOURCES. WE ASSIST FAMILIES WITH EXPENSES SUCH AS FOOD, GAS, HOUSEHOLD SUPPLIES, CAR REPAIR, TRANSPORTATION ASSISTANCE, HOME REPAIR, HOLIDAY GIFTS, RENT ASSISTANCE, DAYCARE OR MEDICAL EXPENSES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $65,756

Program Service Revenue $0

Investment Income $63,221

Other Revenue $0

TOTAL REVENUE $128,977

Expense Breakdown

Grants Paid $50,211

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,569

Other Expenses $84,052

TOTAL EXPENSES $134,263

Year-over-Year Comparison

	2020	2019	Change
Revenue	$128,977	$164,404	-0.2%
Expenses	$134,263	$113,064	+0.2%
Net Income	$-5,286	$51,340	-1.1%

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
LYNN ARENDS	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW BANZHAF	DIRECTOR	2.00	Director	$0	$0	$0
DUSTIN BLYTHE	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
WILLIAM CLARK	PRESIDENT	15.00	Officer Director	$0	$0	$0
LISA ENSIGN	SPECIAL ADVI	2.00	Director	$0	$0	$0
ZACH SMITH	SPECIAL ADVI	2.00	Director	$0	$0	$0
MATT ULRICH	TREASURER	2.00	Officer Director	$0	$0	$0
COREY VIET	SECRETARY	2.00	Officer Director	$0	$0	$0
JORDAN WILLEMS	DIRECTOR	2.00	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
2020	$128,977	$134,263	$104,381	$-5,286