Project ABLE (EIN 810641200) - 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

2004

Legal Domicile

Principal Officer

Clay Peterson

Phone

5033633260

Tax Period

2023-07-01 to 2024-06-30

Project ABLE, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum.

Mission

Provide peer-to-peer services and supports for individuals recovering from mental health and/or co-occurring issues. The support and services provided embrace human dignity, expand the capacity for individuals to recover, and promote lifelong empowerment.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,654,340

Program Service Revenue $138,043

Investment Income $9,176

Other Revenue $0

TOTAL REVENUE $1,801,559

Expense Breakdown

Grants Paid $27,200

Salaries & Benefits $842,051

Fundraising Expenses $0

Program Expenses $1,411,210

Other Expenses $939,340

TOTAL EXPENSES $1,808,591

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,801,559	$891,260	+1.0%
Expenses	$1,808,591	$1,038,988	+0.7%
Net Income	$-7,032	$-147,728	-1.0%

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

Total Directors

$89,690

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Clay Peterson	Executive Dir.	40.00	Director	$89,690	$0	$89,690
Sean Taylor	Member	2.50	Director	$0	$0	$0
Michelle M Harrington	Member	2.00	Director	$0	$0	$0
ANNE GRIFFIN	MEMBER	2.00	Director	$0	$0	$0
Lisa Lilico	Member	2.00	Director	$0	$0	$0
Carlene Shultz	Member	2.00	Director	$0	$0	$0
Eric Olsen	Member	3.00	Director	$0	$0	$0
Tina Smith	President	3.00	Officer	$0	$0	$0
Rebecca Tish	Secretary	3.00	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
2025	No data	No data	No data	No data
2024	$1,801,559	$1,808,591	$481,339	$-7,032
2023	$891,260	$1,038,988	$489,984	$-147,728
2022	$1,000,311	$908,719	$641,316	$91,592
2021	$1,005,998	$905,460	$708,667	$100,538
2020	$1,166,617	$1,017,975	$718,307	$148,642
2019	$959,852	$1,011,823	$424,183	$-51,971
2018	$1,222,396	$985,427	$471,238	$236,969

Project ABLE