PROJECT ACCESS FOUNDATION INC

EIN: 651073105 501(c)(3) Education

Miami, FL

Total Revenue
$25,525,510
Total Expenses
$24,839,004
Total Assets
$18,509,766
Net Assets
$18,229,808
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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
FL
Principal Officer
Alba Guerrero
Phone
3052800607
Tax Period
2024-01-01 to 2024-12-31

PROJECT ACCESS FOUNDATION INC, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $25.5M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE MEDICAL SERVICES TO UNINSURED AND LOW INCOME INDIVIDUALS.

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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 $25,056,699
Investment Income $468,811
Other Revenue $0
TOTAL REVENUE $25,525,510

Expense Breakdown

Grants Paid $505,250
Salaries & Benefits $3,985,726
Fundraising Expenses $0
Program Expenses $24,839,004
Other Expenses $20,348,028
TOTAL EXPENSES $24,839,004

Year-over-Year Comparison

2024 2023 Change
Revenue $25,525,510 $33,906,097 -0.2%
Expenses $24,839,004 $31,758,620 -0.2%
Net Income $686,506 $2,147,477 -0.7%
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
9
Independent Members
7
Employees
50
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
1
$63,533
Total Directors
7
$63,533
Key Employees
7
$2,161,743
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vanessa I Silebi Shaham MD EMPLOYEE 040.00
Key Emp Highest
$600,103 $0 $600,103
Joseph Piperato EMPLOYEE 040.00
Key Emp
$519,611 $0 $519,611
Jack Michel EMPLOYEE 040.00
Key Emp
$300,000 $0 $300,000
Efrain Garcia EMPLOYEE 040.00
Key Emp
$289,019 $0 $289,019
Jorge carballo EMPLOYEE 040.00
Key Emp
$181,261 $0 $181,261
Armando Alvarez Gonzalez EMPLOYEE 040.00
Key Emp
$171,527 $0 $171,527
Lauren Locks Employee 040.00
Key Emp
$100,222 $0 $100,222
ALBA GUERRERO CEO 001.00
Officer Director
$63,533 $0 $63,533
LUZ LIZARAZO DIRECTOR 001.00
Director
$0 $0 $0
MIRIAM ROITMAN DIRECTOR 001.00
Director
$0 $0 $0
ALBERTO GUERRERO DIRECTOR 001.00
Director
$0 $0 $0
JORGE J FERNANDEZ DIRECTOR 001.00
Director
$0 $0 $0
RUBEN DARIO ARCILA DIRECTOR 001.00
Director
$0 $0 $0
DAMIAN HORMILLA DIRECTOR 001.00
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
2024 $25,525,510 $24,839,004 $18,509,766 $686,506
2023 $33,906,097 $31,405,373 $18,657,267 $2,500,724
2022 $39,520,089 $32,512,549 $15,649,246 $7,007,540
2021 $32,893,719 $27,315,304 $8,531,083 $5,578,415
2020 $18,783,872 $16,684,151 $5,329,682 $2,099,721
2019 $7,538,834 $5,519,808 $888,087 $2,019,026
2018 $744,776 $1,683,900 $565,309 $-939,124
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