LYNC 8 PROJECT CORP (EIN 472570769) - 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

2014

Legal Domicile

Phone

8592357726

Tax Period

2023-01-01 to 2023-12-31

LYNC 8 PROJECT CORP, founded in 2014, is a small nonprofit in the Human Services sector that reported $220K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $192K left a modest 13% surplus.

Mission

MISSION WORK INCLUDING CONSTRUCTION WORK, SHARING THE GOSPEL AND OTHER MISSION SERVICES TO THE PEOPLE OF PUERTO RICO AND THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $58,876

Program Service Revenue $161,525

Investment Income $0

Other Revenue $0

TOTAL REVENUE $220,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,500

Fundraising Expenses $0

Program Expenses $191,973

Other Expenses $161,473

TOTAL EXPENSES $191,973

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,401	$241,849	-0.1%
Expenses	$191,973	$222,773	-0.1%
Net Income	$28,428	$19,076	+0.5%

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

N/A

Employees

N/A

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

$30,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHANDI MAYES	Treasurer	40.00	Officer	$30,500	$0	$30,500
SEASON PREWITT	Director	1.00	Director	$0	$0	$0
LEANNA BARNETT	Director	1.00	Director	$0	$0	$0
CHELSEA BURNS	Director	1.00	Director	$0	$0	$0
CHAD BARNETT	Director	1.00	Director	$0	$0	$0
MICHAEL CHAD MAYES	President	20.00	Officer	$0	$0	$0
ERIN MEYER	Secretary	1.00	Officer	$0	$0	$0
STACY OSBOURN	Vice President	1.00	Officer	$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	No data	No data	No data	No data
2023	$220,401	$191,973	$67,183	$28,428
2022	$241,849	$222,773	$38,755	$19,076

LYNC 8 PROJECT CORP