THE MINJIN PROJECT INC

EIN: 811031686 501(c)(3) Human Services

PALM COAST, FL

Total Revenue
$105,534
Total Expenses
$116,462
Total Assets
$35,142
Net Assets
$33,715
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Principal Officer
BARBARA CROSSMAN
Phone
3864454375
Tax Period
2023-01-01 to 2023-12-31

THE MINJIN PROJECT INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $106K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 10% operating deficit.

Mission

TOUCHING LIVES, MAKING CHANGE. THE MINJIN PROJECT WILL PARTNER WITH CHRISTIAN CHURCHES, ORGANIZATIONS, AND INDIVIDUALS TO EFFECT POSITIVE SPIRITUAL, PRACTICAL, AND RELATIONAL CHANGE IN THE LIVES OF PEOPLE AND THEIR COMMUNITIES, BUILDING UP THE UNIVERSAL BODY OF CHRIST, EXTENDING HIS KINGDOM ON EARTH, AND PROMOTING THE MESSAGE OF LIFE AND HOPE. MINJIN PROJECT IS A SMALL NONPROFIT THAT CONSISTS OF DAVID AND BARBARA CROSSMAN, MARRIED. BARBARA TOOK A SMALL SALARY FOR THE FIRST TIME IN 2022. DAVID DOES NOT TAKE A SALARY. BOTH ARE TRUSTEES, ON THE FIELD WORKERS, FULFILLING MANY DIFFERENT DUTIES. ON FEBRUARY 24, 2022, THE DAY RUSSIA INVADED UKRAINE, CHANGED THE FOCUS OF OUR ORGANIZATION. WE IMMEDIATELY BECAME INVOLVED IN HELPING MANY OF THE 300,000 UKRANIAN WOMEN AND CHILDREN WHO FLED UKRAINE, AS WELL AS WORKING TO SUPPORT THE CHURCHES INSIDE UKRAINE, ONCE THE INFLUX OF REFUGEES SLOWED DOWN. THIS INCLUDED PARTNERING WITH UKRAINE CHURCHES, ORGANIZATIONS, AND INDIVIDUALS, AS WELL AS TRIPS TO UK

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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 (2023)

Revenue Breakdown

Contributions & Grants $105,534
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $105,534

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,579
Fundraising Expenses $1,788
Program Expenses $110,176
Other Expenses $88,883
TOTAL EXPENSES $116,462

Year-over-Year Comparison

2023 2022 Change
Revenue $105,534 $433,544 -0.8%
Expenses $116,462 $403,140 -0.7%
Net Income $-10,928 $30,404 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA CROSSMAN EXECUTIVE DI N/A
Officer Director
$0 $0 $0
DAVID CROSSMAN TRUSTEE N/A
Director
$0 $0 $0
SUSAN CRAFT TREASURER N/A
Director
$0 $0 $0
ROBIN BAGGETT DIRECTOR N/A
Director
$0 $0 $0
JOHN BAGGETT DIRECTOR N/A
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
2023 $105,534 $116,462 $35,142 $-10,928
2022 $433,544 $403,140 $46,070 $30,404
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