PROJECTIGIVE 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

2015

Legal Domicile

Principal Officer

RONNELL L INGRAM

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

PROJECTIGIVE INC, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $232K in total revenue in fiscal year 2024. Revenue surged 311% from the prior year, signaling strong growth momentum. Expenses of $269K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROJECTIGIVE NBSP;SUPPORTS NBSP;AND NBSP;ENGAGES NBSP;IN NBSP;SOCIAL NBSP;VENTURE NBSP;PROJECTS NBSP;THAT NBSP;SEEK NBSP;TO NBSP;IMPROVE NBSP;THE NBSP;SOCIAL NBSP;WELL-BEING NBSP;OF NBSP;LOCAL NBSP;COMMUNITIES NBSP;OUR NBSP;MAIN NBSP;TARGET NBSP;AREAS NBSP;INCLUDE NBSP;EDUCATION NBSP;HEALTH NBSP; AMP; NBSP;WELLNESS NBSP;SOCIAL NBSP;JUSTICE NBSP;AND NBSP;STRENGTHENING NBSP;FAMILIES NBSP;WE NBSP;SEEK NBSP;TO NBSP;EXPLORE NBSP;OPPORTUNITIES NBSP;TO NBSP;ENGAGE NBSP;IN NBSP;MEANINGFUL NBSP;ACTION NBSP;TOWARDS NBSP;BRINGING NBSP;ECONOMIC NBSP;SOCIAL NBSP;JUSTICE NBSP;HEALTH NBSP;AND NBSP;EDUCATION NBSP;CHANGE NBSP;TO NBSP;ALL

Program Service Accomplishments

Program 1

Expenses: $130,000

YOUTH DEVELOPMENT COACHING AND MENTORING PROGRAMS REACHING OVER 1500 YOUTH

Program 2

Expenses: $30,000

THE GATHERINGS NETWORK SUPPORTING SIX LOCAL CHURCHES WITH CAPACITY BUILDING GRANTS TECHNICAL ASSISTANCE AND PROVIDING DIGITAL AND DATA SUPPORT. SUPPORTING CLOSE TO 1000 CHARLOTTE NC COMMUNITIES AND...

Program 3

Expenses: $25,000

CURRICULUM DEVELOPMENT FOR THE TRAINING4LIFE IN-SCHOOL PROGRAM

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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 $231,889

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $231,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,000

Other Expenses $268,578

TOTAL EXPENSES $268,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,889	$56,353	+3.1%
Expenses	$268,578	$56,264	+3.8%
Net Income	$-36,689	$89	-413.2%

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
RONNELL INGRAM	CEO OFFICER	030.00	Officer Director	$0	$0	$0
LADREA INGRAM	EXECUTIVE DIRECTOR ACADEMIC BOARD M	030.00	Officer Director	$0	$0	$0
OBRA HOGANS	BOARD MEMBER	005.00	Director	$0	$0	$0
DANIELLE HOGANS	BOARD MEMBER	005.00	Director	$0	$0	$0
ALEXIS CHEATHAM	BOARD MEMBE	005.00	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	$231,889	$268,578	$6,385	$-36,689