PROJECT WRITE NOW INC (EIN 463534268) - 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

2013

Legal Domicile

Principal Officer

GREG PHELAN

Phone

9086750467

Tax Period

2024-01-01 to 2024-12-31

PROJECT WRITE NOW INC, founded in 2013, is a small nonprofit in the Education sector that reported $323K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO HELP PEOPLE OF ALL AGES BECOME WRITERS AS THEY GAIN CONFIDENCE, SKILLS AND INSIGHT NEEDED TO REACH PERSONAL, ACADEMIC AND PROFESSIONAL GOALS BUILD A WRITING COMMUNITY THAT SUPPORTS, INSPIRES AND MOTIVATES.

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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 $140,910

Program Service Revenue $186,421

Investment Income $8

Other Revenue $-4,112

TOTAL REVENUE $323,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,361

Fundraising Expenses $19,938

Program Expenses $248,571

Other Expenses $78,433

TOTAL EXPENSES $318,978

Year-over-Year Comparison

	2024	2023	Change
Revenue	$323,227	$290,903	+0.1%
Expenses	$318,978	$286,330	+0.1%
Net Income	$4,249	$4,573	-0.1%

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

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

$46,490

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG PHELAN	PRESIDENT	2.00	Officer	$0	$0	$0
RAY BRUNT	VICE PRESIDE	2.00	Officer	$0	$0	$0
PAMELA PERSKIE	TREASURER	2.00	Officer	$0	$0	$0
BETSY NEWMAN	SECRETARY	2.00	Officer	$0	$0	$0
JENNIFER CHAUHAN	EXECUTIVE DI	40.00	Officer	$46,490	$0	$46,490
SHANDA MCMANUS	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA GOODYEAR	BOARD MEMBER	1.00	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
2024	$323,227	$318,978	$82,287	$4,249
2023	$290,903	$286,330	$78,717	$4,573
2022	$273,789	$258,415	$74,958	$15,374
2021	$251,128	$225,973	$56,514	$25,155
2020	$232,566	$214,238	$59,074	$18,328
2019	$188,945	$196,349	$16,288	$-7,404
2018	$187,441	$175,912	$21,371	$11,529

PROJECT WRITE NOW INC