PROJECT ONE INC (EIN 611314577) - 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

1986

Legal Domicile

Phone

5027781003

Tax Period

2020-01-01 to 2020-12-31

PROJECT ONE INC, founded in 1986, is a micro nonprofit in the Employment sector that reported $47K in total revenue in fiscal year 2020. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $44K left a modest 6% surplus.

Mission

TO PROVIDE AN AVENUE IN WHICH TO PREPARE THE DISADVANTAGE YOUTH OF THE LOUISVILLE AREA TO BECOME JOB READY AND TO BE IN A POSITION TO COMPLETE AT LEAST THEIR HIGH SCHOOL DIPLOMA.

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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 (2020)

Revenue Breakdown

Contributions & Grants $47,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $47,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,544

Other Expenses $44,388

TOTAL EXPENSES $44,388

Year-over-Year Comparison

	2020	2019	Change
Revenue	$47,000	$301,717	-0.8%
Expenses	$44,388	$299,105	-0.9%
Net Income	$2,612	$2,612	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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CHARLES KING JR	CEO	040.00	Officer Director Key Emp Highest	$0	$0	$0
DR JONATHAN LOTT	CHAIRPERSON	010.00	Officer Director	$0	$0	$0
MS ANDREA JACKSON	VICE CHAIR-PERSON	010.00	Officer Director	$0	$0	$0
MR MICHAEL ANDERSON	SEC - TRES	010.00	Officer Director Highest	$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
2020	$47,000	$44,388	$47,000	$2,612
2019	$301,717	$299,105	$301,717	$2,612
2018	$401,348	$396,151	$401,348	$5,197

PROJECT ONE INC