PROJECT BEST INC (EIN 550663383) - 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

1985

Legal Domicile

Principal Officer

NATHAN BUTTS

Phone

3042420520

Tax Period

2024-01-01 to 2024-12-31

PROJECT BEST INC, founded in 1985, is a small nonprofit that reported $336K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 19% operating margin.

Mission

OPERATION OF A LABOR MANAGEMENT COOPERATION COMMITTEE

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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 $150,696

Program Service Revenue $0

Investment Income $185,430

Other Revenue $0

TOTAL REVENUE $336,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,034

Fundraising Expenses $0

Other Expenses $156,848

TOTAL EXPENSES $273,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$336,126	$272,816	+0.2%
Expenses	$273,882	$187,443	+0.5%
Net Income	$62,244	$85,373	-0.3%

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

$105,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN KLEMPA	MANAGEMENT C	1.00	Officer	$0	$0	$0
SHAWN ZOLADZ	MGMT TRUSTEE	1.00	Director	$0	$0	$0
TODD DEI	MGMT TRUSTEE	1.00	Director	$0	$0	$0
BRIAN APPLEGARTH	MGMT TRUSTEE	1.00	Director	$0	$0	$0
DOUG GIFFIN	LABOR CO-CHA	1.00	Officer	$0	$0	$0
JODY BONFINI	LABOR TRUSTE	1.00	Director	$0	$0	$0
DJ EDDY	LABOR TRUSTE	1.00	Director	$0	$0	$0
CLINT POWELL	LABOR TRUSTE	1.00	Director	$0	$0	$0
NATHAN BUTTS	EXECUTIVE DI	50.00	Officer	$105,000	$0	$105,000

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	$336,126	$273,882	$3,143,808	$62,244
2023	$272,816	$187,443	$3,019,628	$85,373
2022	$33,148	$343,493	$2,726,569	$-310,345
2021	$224,381	$151,493	$3,264,096	$72,888
2020	$335,080	$128,771	$3,111,373	$206,309
2019	$467,472	$158,610	$2,907,158	$308,862
2018	$501,643	$315,652	$2,603,056	$185,991

PROJECT BEST INC