THE PUBLIC GOOD PROJECTS INC

EIN: 462717584 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$9,645,286
Total Expenses
$8,927,934
Total Assets
$4,048,453
Net Assets
$1,699,700
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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
2013
Legal Domicile
DE
Principal Officer
PHIL MARINEAU
Phone
2125128502
Tax Period
2024-07-01 to 2025-06-30

THE PUBLIC GOOD PROJECTS INC, founded in 2013, is a community nonprofit in the Health Care sector that reported $9.6M in total revenue in fiscal year 2024. Expenses of $8.9M left a modest 7% surplus.

Mission

TO SOLVE THE BIGGEST HEALTH CHALLENGES BY MAKING THEM LOCAL, PERSONAL, SIMPLE TO UNDERSTAND, AND EVERYONES RESPONSIBILITY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,202,626
Program Service Revenue $8,306,434
Investment Income $100,672
Other Revenue $35,554
TOTAL REVENUE $9,645,286

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,402,332
Fundraising Expenses $484,814
Program Expenses $5,220,321
Other Expenses $3,525,602
TOTAL EXPENSES $8,927,934

Year-over-Year Comparison

2024 2023 Change
Revenue $9,645,286 $9,352,507 +0.0%
Expenses $8,927,934 $8,995,421 0.0%
Net Income $717,352 $357,086 +1.0%
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

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Governance

Voting Members
12
Independent Members
11
Employees
48
Volunteers
11

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
3
$712,776
Total Directors
12
$280,478
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH SMYSER CEO 040.00
Officer Director
$267,395 $13,083 $280,478
JACLYN GOLDBARG CHIEF PROGRAM OFFICER 040.00
Officer
$197,402 $27,761 $225,163
POLLY DONG COO/CFO 040.00
Officer
$200,742 $6,393 $207,135
PHIL MARINEAU CHAIR 001.00
Director
$0 $0 $0
RUTH WOODEN VICE CHAIR 001.00
Director
$0 $0 $0
JOHN HOFFMAN FOUNDER 001.00
Director
$0 $0 $0
ERNESTO RAMIREZ FINANCE CHAIR 001.00
Director
$0 $0 $0
DIANA ACOSTA SECRETARY 001.00
Director
$0 $0 $0
ANGELA BAZZI DIRECTOR 001.00
Director
$0 $0 $0
KAYVAN HERAVI DIRECTOR 001.00
Director
$0 $0 $0
DAVID ERTEL DIRECTOR 001.00
Director
$0 $0 $0
JESSICA BROY HUTTON DIRECTOR 001.00
Director
$0 $0 $0
DR ELLEN WARTELLA DIRECTOR 001.00
Director
$0 $0 $0
GEOFF BOEING DIRECTOR 001.00
Director
$0 $0 $0
MEGAN BARBER EDITOR IN CHIEF 040.00
Key Emp
$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 $9,645,286 $8,927,934 $4,048,453 $717,352
2024 $9,352,507 $8,995,421 $3,854,836 $357,086
2023 $7,839,348 $9,041,951 $2,315,068 $-1,202,603
2022 $8,988,626 $8,798,626 $3,040,032 $190,000
2021 $5,190,441 $5,630,321 $4,973,298 $-439,880
2021 $5,190,441 $5,630,321 $4,973,298 $-439,880
2020 $3,860,771 $3,540,185 $2,972,997 $320,586
2019 $3,194,857 $2,670,544 $1,907,440 $524,313
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