Sahara Project Corp

EIN: 660930663 501(c)(3) Environment

St Thomas, VI

Total Revenue
$32
Total Expenses
$110
Total Assets
$50,858
Net Assets
$-293,142
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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
2019
Legal Domicile
VI
Phone
3046367496
Tax Period
2024-01-01 to 2024-12-31

Sahara Project Corp, founded in 2019, is a micro nonprofit in the Environment sector that reported $32 in total revenue in fiscal year 2024. Expenses of $110 exceeded revenue, resulting in a 244% operating deficit.

Mission

To explore the feasibility of ameliorating the rising sea level effect of climate change by creating agricultural opportunities through pumpng of sea water to desert areas. Initially, the project will concentrate on Mediterrean waters and the Sahara Desert.

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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 $32
Other Revenue $0
TOTAL REVENUE $32

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $110
TOTAL EXPENSES $110

Year-over-Year Comparison

2024 2023 Change
Revenue $32 N/A N/A
Expenses $110 N/A N/A
Net Income $-78 N/A 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
3
Independent Members
3
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cornelius Prior PresidentDirector 1.00
Officer Director
$0 $0 $0
Gertrude Prior Director Vice-Chairman 1.00
Director
$0 $0 $0
Sarah Prior Director 1.00
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 $32 $110 $50,858 $-78
2023 $92 $43,085 $936 $-42,993
2022 $87 $130,000 $39,929 $-129,913
2021 $38 $120,196 $55,842 $-120,158
2020 No data No data $1,000 No data
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