WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GOOD PROJECTS INC, founded in 2016, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.9M exceeded revenue, resulting in a 16% operating deficit.
GOODPROJECTS DESIGNS OPPORTUNITIES FOR YOUTH AND THEIR FAMILIES TO LIVE FULFILLING LIVES, FREE FROM POVERTY AND VIOLENCE WITH IMPROVEMENTS TO THEIR HEALTH AND WELLNESS.
GOODProjects offered after-school and summer programs designed to engage youth in educ. and recreational activities. These programs aimed to provide safe environments for learning and personal...
GOODProjects offered after-school and summer programs designed to engage youth in educ. and recreational activities. These programs aimed to provide safe environments for learning and personal growth, reducing youth involvement in criminal activities. The organization launched several health related initiatives including free health clinics, mental health workshops, and fitness classes, to improve the wellbeing of community members. These initiatives were geared towards addressing the disparities in health care access among low income families. Through community workshops, training sessions, and direct asst. programs, the organization empowered residents with tools for financial literacy, job readiness, and community leadership. These services included job fairs, financial planning workshops, and leadership development programs, aimed at fostering a resilient community spirit and economic independence. Each program was designed with the objective of fostering a supportive, healthy, and engaged community, addressing both immediate needs and long term resilience.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,603,095 | $1,800,599 | -0.1% |
| Expenses | $1,865,416 | $1,411,422 | +0.3% |
| Net Income | $-262,321 | $389,177 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Darius Baxter | Executive Director | 40.00 |
Officer
Director
|
$148,135 | $0 | $148,135 |
| Cherrelle Swain | Chairwoman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jim Schumacher | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lauren Marcus | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Keena Blackmon | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Max Snider | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Alyssa Lovegrove | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Carlos Gray | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,603,095 | $1,865,416 | $574,888 | $-262,321 |
| 2022 | $1,800,599 | $1,411,422 | $701,888 | $389,177 |
| 2021 | $1,047,265 | $937,272 | $441,256 | $109,993 |
| 2020 | $947,229 | $1,177,040 | $363,921 | $-229,811 |
| 2019 | $1,162,464 | $1,184,503 | $336,748 | $-22,039 |
| 2018 | $1,291,551 | $1,108,442 | $388,490 | $183,109 |
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