PROJECT OUTREACH INCORPORATED

EIN: 562023383 501(c)(3) Human Services

TURKEY, NC

Total Revenue
$416,955
Total Expenses
$416,955
Total Assets
N/A
Net Assets
N/A
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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
1997
Legal Domicile
NC
Principal Officer
GLENN O FAISON
Phone
9105333081
Tax Period
2023-01-01 to 2023-12-31

PROJECT OUTREACH INCORPORATED, founded in 1997, is a small nonprofit in the Human Services sector that reported $417K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

to provide programs which will broaden educational growth, enhance social skills, life skills training and peaceful conflict resolutions for community and surrounding areas

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $416,955
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $416,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $178,362
Fundraising Expenses $0
Other Expenses $238,593
TOTAL EXPENSES $416,955

Year-over-Year Comparison

2023 2022 Change
Revenue $416,955 $457,813 -0.1%
Expenses $416,955 $457,813 -0.1%
Net Income $0 N/A N/A
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
2
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
0
$0
Total Directors
1
$104,556
Key Employees
1
$60,775
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN O FAISON EXECUTIVE DIRECTOR 40
Director
$104,556 $0 $104,556
WANDA FARRIOR OPERATIONS COORDINATOR 40
Key Emp
$60,775 $0 $60,775
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 $416,955 $416,955 No data No data
2022 $457,813 $457,813 $6,360 No data
2021 $249,254 $242,974 $6,360 $6,280
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