TWOCOR PROJECTS (EIN 721566504) - 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

2002

Legal Domicile

Principal Officer

JAMES HINKLE

Phone

7194255424

Tax Period

2020-07-01 to 2021-05-31

TWOCOR PROJECTS, founded in 2002, is a small nonprofit that reported $256K in total revenue in fiscal year 2020. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $854K exceeded revenue, resulting in a 233% operating deficit.

Mission

PROVIDES VOCATIONAL AND COUNCELING SERVICES TO MALES AND FEMALE YOUTHS WHO HAVE HAD LEGAL AND MENTAL HEALTH CONCERNS.

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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 $201,920

Program Service Revenue $73,352

Investment Income $-27,106

Other Revenue $8,035

TOTAL REVENUE $256,201

Expense Breakdown

Grants Paid $72,983

Salaries & Benefits $604,120

Fundraising Expenses $369

Program Expenses $441,870

Other Expenses $176,456

TOTAL EXPENSES $853,559

Year-over-Year Comparison

	2020	2019	Change
Revenue	$256,201	$1,183,689	-0.8%
Expenses	$853,559	$1,129,672	-0.2%
Net Income	$-597,358	$54,017	-12.1%

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

Employees

Volunteers

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

$99,533

Total Directors

$99,533

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGAN ELLIS	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOEL RIETH	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DAVID BUCKLEY	TREASURER	2.00	Officer Director	$0	$0	$0
SCOTT MCBRIDE	SECRETARY	2.00	Officer Director	$0	$0	$0
BRENDA HEIMBACH	MEMBER	1.00	Director	$0	$0	$0
JIM MARQUART	MEMBER	1.00	Director	$0	$0	$0
LARETTA WILLIAMS	MEMBER	1.00	Director	$0	$0	$0
JOHN STONE	MEMBER	1.00	Director	$0	$0	$0
JAMES HINKLE	EXECUTIVE DI	40.00	Officer Director	$99,533	$0	$99,533

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
2021	$256,201	$853,559	No data	$-597,358
2020	$1,183,689	$1,129,672	$626,948	$54,017
2019	$1,170,830	$1,097,461	$579,619	$73,369
2018	$1,132,667	$1,052,368	$494,462	$80,299

TWOCOR PROJECTS