GERMINATION PROJECT (EIN 473019771) - 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

2015

Legal Domicile

Principal Officer

AJAY RAJU

Phone

2679250452

Tax Period

2023-01-01 to 2023-12-31

GERMINATION PROJECT, founded in 2015, is a small nonprofit in the Education sector that reported $135K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $346K exceeded revenue, resulting in a 156% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO FACILITATE LEADERSHIP AMONG STUDENTS IN THE PHILADELPHIA AREA BY DEVELOPING MENTORING PROGRAMS WITH PROMINENT PHILADELPHIA LEADERS TO PROVIDE THEM OPPORTUNITIES TO FOSTER PROFESSIONAL GROWTH AND CIVIC CITIZENSHIP.

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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 $135,000

Program Service Revenue $0

Investment Income $253

Other Revenue $0

TOTAL REVENUE $135,253

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $313,889

Fundraising Expenses $0

Program Expenses $267,621

Other Expenses $7,579

TOTAL EXPENSES $346,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$135,253	$156,379	-0.1%
Expenses	$346,468	$227,434	+0.5%
Net Income	$-211,215	$-71,055	+2.0%

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

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

$290,400

Total Directors

$96,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIU CORNIELLE	LEAD BRANDIN	40.00	Officer	$102,400	$0	$102,400
ROBERT DAVIS	EXECUTIVE DI	40.00	Officer Director	$96,000	$0	$96,000
RYAN WEISZ	LEAD PROJECT	40.00	Officer	$92,000	$0	$92,000
TED HAILU	DIRECTOR	4.00	Director	$0	$0	$0
DR RAVI RAJAN	DIRECTOR	4.00	Director	$0	$0	$0
AJAY RAJU	PRESIDENT	8.00	Officer 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
2023	$135,253	$346,468	$201,951	$-211,215
2022	$156,379	$227,434	$413,166	$-71,055
2021	$61,547	$76,849	$484,221	$-15,302
2020	$108,046	$6,463	$499,523	$101,583
2019	$93,485	$23,131	$397,940	$70,354
2018	$98,410	$31,335	$327,586	$67,075
2017	$97,934	$19,303	$260,511	$78,631

GERMINATION PROJECT