THE HIVE PROJECT (EIN 813391751) - 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

Principal Officer

JOHN P GOODELL

Phone

7349269001

Tax Period

2024-01-01 to 2024-12-31

THE HIVE PROJECT is a small nonprofit in the Arts, Culture & Humanities sector that reported $253K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $234K left a modest 8% surplus.

Mission

THE ORGANIZATION IS A PICTURESQUE 215-ACRE SCHOOL CAMPUS IN SOUTHEAST MICHGAN EMPOWERING ARTISTS, EDUCATORS AND ENTREPRENEURS UNITED BY A COMMON DESIRE TO SHARE, TEACH, INNOVATE AND COMPASSIONATELY SERVE BY FARMING ROUGHLY 100 ACRES OF LAND, MANAGING THEIR OWN DRINKING AND WASTE WATER TREATMENT PLANT, CONTRIBUTING TO THE ECONOMIC DEVELOPMENT BY PROVIDING LOCAL EMPLOYMENT AND SUPPORTING LOCAL BUSINESS, AND STRIVING TO SUSTAIN MORE THAN HALF OF THEIR OWN ENERGY CONSUMPTION

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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 (2024)

Revenue Breakdown

Contributions & Grants $117,215

Program Service Revenue $135,638

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $212,583

Other Expenses $233,834

TOTAL EXPENSES $233,834

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,853	$198,884	+0.3%
Expenses	$233,834	$199,788	+0.2%
Net Income	$19,019	$-904	-22.0%

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

N/A

Independent Members

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN P GOODELL	PRESIDENT	20.00	Director	$0	$0	$0
ANNIE ROSE	SECRETARY	1.00	Director	$0	$0	$0
KIM TUCKER-GRAY	TREASURER	20.00	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
2025	No data	No data	No data	No data
2024	$252,853	$233,834	$2,055,476	$19,019
2023	$198,884	$199,788	$2,156,457	$-904
2022	$230,473	$228,272	$2,277,361	$2,201
2021	$255,420	$176,042	$2,435,160	$79,378

THE HIVE PROJECT