PROJECT DRAWDOWN (EIN 383705448) - 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

2005

Legal Domicile

Principal Officer

JONATHAN FOLEY

Phone

6512433116

Tax Period

2024-01-01 to 2024-12-31

PROJECT DRAWDOWN, founded in 2005, is a community nonprofit in the Education sector that reported $8.3M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 46% operating margin.

Mission

PROJECT DRAWDOWN'S MISSION IS TO DRIVE MEANINGFUL CLIMATE ACTION BY ADVANCING SCIENCE-BASED SOLUTIONS AND STRATEGIES. PROJECT DRAWDOWN'S WORK IS FOCUSED ON THREE PILLARS: SCIENCE - ADVANCING SCIENCE-BASED CLIMATE SOLUTIONS AND STRATEGIES; STAKEHOLDERS - ENGAGING KEY STAKEHOLDERS AND EMPOWERING BOLD CLIMATE LEADERSHIP; AND STORIES - TELLING HUMAN STORIES OF SOLUTIONS IN ACTION.

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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 $7,709,336

Program Service Revenue $332,467

Investment Income $210,709

Other Revenue $16,673

TOTAL REVENUE $8,269,185

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,520,206

Fundraising Expenses $374,913

Program Expenses $3,447,661

Other Expenses $959,116

TOTAL EXPENSES $4,479,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,269,185	$5,275,472	+0.6%
Expenses	$4,479,322	$5,081,083	-0.1%
Net Income	$3,789,863	$194,389	+18.5%

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

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

$941,237

Total Directors

Key Employees

$425,165

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN FOLEY	EXECUTIVE DI	40.00	Officer	$417,968	$60,392	$478,360
RESHMA PATTNI	FINANCE DIRE	40.00	Officer	$151,020	$42,016	$193,036
ELIZABETH BAGLEY	MANAGING DIR	40.00	Officer	$223,431	$46,410	$269,841
TOOD REUBOLD	MARKETING DI	40.00	Key Emp	$185,964	$56,064	$242,028
MATTHEW SCOTT	ENGAGEMENT D	40.00	Key Emp	$164,648	$18,489	$183,137
STEPHAN NICOLEAU	CHAIR	1.00	Officer Director	$0	$0	$0
JENNIFER CALDWELL	SECRETARY	1.00	Officer Director	$0	$0	$0
PEGGY LIU	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA MWANZA	DIRECTOR	0.50	Director	$0	$0	$0
BRADLEY PALMER	DIRECTOR	0.50	Director	$0	$0	$0
LAURA TURNER SEYDEL	DIRECTOR	0.50	Director	$0	$0	$0
LOLA WOETZEL	DIRECTOR	0.50	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
2024	$8,269,185	$4,479,322	$8,543,786	$3,789,863
2023	$5,275,472	$5,081,083	$4,623,077	$194,389
2022	$3,658,202	$4,771,219	$3,757,123	$-1,113,017
2021	$4,278,877	$3,910,473	$4,426,506	$368,404
2020	$5,648,661	$2,517,177	$4,001,897	$3,131,484
2019	$1,799,363	$1,856,499	$642,337	$-57,136
2018	$1,708,685	$1,356,700	$609,043	$351,985

PROJECT DRAWDOWN