PROJECT 58 INC

EIN: 562466465 501(c)(3) Religion

OKLAHOMA CITY, OK

Total Revenue
N/A
Total Expenses
$46,069
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
2004
Legal Domicile
OK
Principal Officer
Joe Quinlin
Phone
4058420628
Tax Period
2024-07-01 to 2025-06-30

Mission

The purpose of the ministry is to teach, train-up, and equip individuals to send out teams to the people of the world to plant churches that will in turn send others to plant churches.

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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 (2024)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $44,971
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,069
Other Expenses $1,098
TOTAL EXPENSES $46,069

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $46,069 $7,099 +5.5%
Net Income N/A $-7,099 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
2
Independent Members
2
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Ulrich Secretary 025.00
Officer
$0 $0 $0
Joe Quinlan President 015.00
Officer
$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
2025 No data $46,069 No data No data
2024 No data No data No data No data
2023 $68,458 $68,266 $54,448 $192
2022 $82,206 $83,836 $54,258 $-1,630
2021 $69,328 $76,151 $55,532 $-6,823
2020 $96,799 $99,700 $62,162 $-2,901
2019 $98,766 $101,211 $73,330 $-2,445
2018 $98,277 $110,317 $66,775 $-12,040
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