LUKE PROJECT INC (EIN 582658313) - 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

2001

Legal Domicile

Principal Officer

JEFF A GORMAN

Phone

7707524646

Tax Period

2025-01-01 to 2025-12-31

LUKE PROJECT INC, founded in 2001, is a small nonprofit in the Youth Development sector that reported $165K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $210K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE LUKE PROJECT WAS ESTABLISHED TO CONTINUE, ENRICH AND EXPAND AN ONGOING PROGRAM THAT PROVIDES AFTER SCHOOL PROGRAMS, SPORTS TEAMS, SUMMER CAMP, JOB TRAINING, LITERACY PROGRAMS, COMMUNITY SERVICE OPPORTUNITIES, FIELD TRIPS AND INTENSE BIBLE STUDY. THESE PROGRAMS ARE SPECIFICALLY DESIGNED TO TRAIN CHILDREN AND YOUTH TO BECOME PRODUCTIVE MEMBERS OF THE COMMUNITIES WHERE THEY LIVE AND DISCOVER GOD'S PLAN FOR THEIR LIFE. THE LUKE PROJECT IS NOT IN THE ENTERTAINMENT BUSINESS AND STRONGLY BELIEVE CHILDREN MUST BE TRAINED NOT ENTERTAINED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $145,389

Program Service Revenue $12,347

Investment Income $7,600

Other Revenue $0

TOTAL REVENUE $165,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,670

Fundraising Expenses $2,557

Program Expenses $204,810

Other Expenses $66,306

TOTAL EXPENSES $209,976

Year-over-Year Comparison

	2025	2024	Change
Revenue	$165,336	$185,927	-0.1%
Expenses	$209,976	$225,051	-0.1%
Net Income	$-44,640	$-39,124	+0.1%

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

N/A

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

$72,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF A GORMAN	President	40.00	Officer	$72,500	$0	$72,500
TROY JOHNSON	Director	1.00	Director	$0	$0	$0
REV NGANDU L LUNDA	Director	1.00	Director	$0	$0	$0
DEBRA B LUNDA	Director	1.00	Director	$0	$0	$0
CECIL T THREAT	Director	1.00	Director	$0	$0	$0
JAMES P STEWART	Director	0.00	Director	$0	$0	$0
RAY SUPLEE	Director	1.00	Director	$0	$0	$0
NORITA R GORMAN	Vice President	40.00	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	$165,336	$209,976	$197,732	$-44,640
2024	No data	No data	No data	No data
2023	$177,539	$176,810	$278,736	$729
2022	$178,570	$166,615	$282,814	$11,955
2021	$231,107	$172,340	$278,075	$58,767
2019	$253,551	$268,007	$199,104	$-14,456
2018	$285,614	$301,417	$213,478	$-15,803

LUKE PROJECT INC