THE OBED PROJECT

EIN: 562199473 501(c)(3) Religion

CHARLOTTE, NC

Total Revenue
$1,043,868
Total Expenses
$1,011,612
Total Assets
$61,123
Net Assets
$55,590
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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
2000
Legal Domicile
NC
Principal Officer
JOHN BROWN
Phone
7046810363
Tax Period
2023-01-01 to 2023-12-31

THE OBED PROJECT, founded in 2000, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 326% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 3% surplus.

Mission

ASSISTANCE TO ISRAEL

Program Service Accomplishments

Program 1
Expenses: $992,114 Revenue: $1,007,553

THE OBED PROJECT TAKES GROUPS TO ISRAEL FOR THE PRIMARY PURPOSE OF PROVIDING SERVICE PROJECTS TO ISRAELI IMMIGRANTS AND TO SPREAD THE GOSPEL OF JESUS CHRIST.

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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 $36,315
Program Service Revenue $1,007,553
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,043,868

Expense Breakdown

Grants Paid $1,200
Salaries & Benefits $25,836
Fundraising Expenses $0
Program Expenses $992,114
Other Expenses $984,576
TOTAL EXPENSES $1,011,612

Year-over-Year Comparison

2023 2022 Change
Revenue $1,043,868 $244,826 +3.3%
Expenses $1,011,612 $235,298 +3.3%
Net Income $32,256 $9,528 +2.4%
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
4
Employees
1
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
5
$24,000
Total Directors
5
$24,000
Key Employees
1
$24,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEANNE CORWIN EXECUTIVE DIRECTOR 10.00
Officer Director
$0 $0 $0
JOHN BROWN TREASURER/U.S. DIRECTOR 40.00
Officer Director Key Emp
$24,000 $0 $24,000
TOM CORWIN PRESIDENT/CHAIR 1.00
Officer Director
$0 $0 $0
JEANNE MARIE LINKER SECRETARY 0.00
Officer Director
$0 $0 $0
FRANKLIN LINKER VICE PRESIDENT 0.00
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 $1,043,868 $1,011,612 $61,123 $32,256
2022 $244,826 $235,298 $290,637 $9,528
2019 $208,040 $366,401 $314,383 $-158,361
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