PROJECT RETURN INC

EIN: 621058325 501(c)(3)

NASHVILLE, TN

Total Revenue
$7,796,709
Total Expenses
$7,472,033
Total Assets
$9,581,767
Net Assets
$6,523,290
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
TN
Principal Officer
RICO X
Phone
6153279654
Tax Period
2022-07-01 to 2023-06-30

PROJECT RETURN INC, founded in 1979, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2022. Revenue decreased 16% compared to the prior year. Expenses of $7.5M left a modest 4% surplus.

Mission

PEOPLE WHO HAVE JUST BEEN RELEASED FROM PRISON ARE TYPICALLY STIGMATIZED, OVERLOOKED, AND PIGEONHOLED BY SOCIETY. WHEN THEY WALK INTO PROJECT RETURN, THEY DISCOVER THAT HERE THEY ARE VALUED, HEARD, AND ENCOURAGED. WHILE REDUCTION OF INCARCERATION AND OTHER CRIMINAL JUSTICE REFORM CONTINUES TO ELUDE THE U.S., PROJECT RETURN SERVES AS PART OF THE SOLUTION. PROJECT RETURN IS SOLELY DEDICATED TO THE SUCCESSFUL NEW BEGINNINGS OF PEOPLE RETURNING TO OUR COMMUNITY AFTER INCARCERATION. NOW IN ITS 45TH YEAR OF SERVICE TO TENNESSEE, PROJECT RETURN PROVIDES REENTRY ASSISTANCE, INCLUDING WORKFORCE DEVELOPMENT, TO HUNDREDS OF MEN AND WOMEN EACH YEAR. WE PLACE EMPLOYMENT AT THE CORE OF OUR WORK, BECAUSE IT IS THE BEST PREDICTOR OF A SUCCESSFUL FUTURE FOR THE PEOPLE WE SERVE, AND ALL OF OUR PROGRAM SERVICES AND BUSINESS DEVELOPMENT ARE WOVEN TOGETHER TO ENSURE MAXIMAL EMPLOYMENT OPPORTUNITY. THE MISSION OF PROJECT RETURN IS TO PROVIDE SERVICES AND CONNECT PEOPLE WITH RESOURCES NEEDED TO RETURN SUCCES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,950,382
Program Service Revenue $1,813,791
Investment Income $20,260
Other Revenue $12,276
TOTAL REVENUE $7,796,709

Expense Breakdown

Grants Paid $482,843
Salaries & Benefits $4,935,876
Fundraising Expenses $220,571
Program Expenses $5,140,619
Other Expenses $2,053,314
TOTAL EXPENSES $7,472,033

Year-over-Year Comparison

2022 2021 Change
Revenue $7,796,709 $9,325,657 -0.2%
Expenses $7,472,033 $6,974,804 +0.1%
Net Income $324,676 $2,350,853 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
477
Volunteers
30

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
6
$123,320
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES STORY PRESIDENT 0.50
Officer Director
$0 $0 $0
KELLY HARTER VICE PRESIDE 0.50
Officer Director
$0 $0 $0
IKE NWAELELE TREASURER 0.50
Officer Director
$0 $0 $0
BERNARD TURNER SECRETARY 0.50
Officer Director
$0 $0 $0
ELAINA AL-NIMRI BOARD MEMBER 0.50
Director
$0 $0 $0
BOB BREWER BOARD MEMBER 0.50
Director
$0 $0 $0
DUSTIN CARLTON BOARD MEMBER 0.50
Director
$0 $0 $0
MARK EPPS BOARD MEMBER 0.50
Director
$0 $0 $0
MARK FLEMING BOARD MEMBER 0.50
Director
$0 $0 $0
MALCOLM HARRIS BOARD MEMBER 0.50
Director
$0 $0 $0
GINNY BURNETT BOARD MEMBER 0.50
Director
$0 $0 $0
EDWIN SANDERS BOARD MEMBER 0.50
Director
$0 $0 $0
CATHY SPENCER BOARD MEMBER 0.50
Director
$0 $0 $0
ELIZABETH HAYES COO 40.00
Officer
$110,896 $12,424 $123,320
RICO X CEO 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
2024 No data No data No data No data
2023 $7,796,709 $7,472,033 $9,581,767 $324,676
2022 $9,325,657 $6,974,804 $7,853,062 $2,350,853
2021 $6,857,195 $4,981,058 $5,303,107 $1,876,137
2020 $5,201,310 $4,376,826 $3,389,634 $824,484
2019 $3,397,942 $3,596,139 $2,042,792 $-198,197
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROJECT RETURN INC with other nonprofits in Tennessee and across the country.