PROJECTQ (EIN 813740319) - 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

2016

Legal Domicile

Principal Officer

MADIN LOPEZ

Phone

2136178442

Tax Period

2022-01-01 to 2022-12-31

PROJECTQ, founded in 2016, is a small nonprofit in the Youth Development sector that reported $963K in total revenue in fiscal year 2022. Revenue surged 115% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO SUPPORT HOMELESS LGBTQIA+ YOUTH THROUGH SELF-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 (2022)

Revenue Breakdown

Contributions & Grants $941,277

Program Service Revenue $0

Investment Income $15

Other Revenue $21,288

TOTAL REVENUE $962,580

Expense Breakdown

Grants Paid $58,331

Salaries & Benefits $409,388

Fundraising Expenses $0

Program Expenses $752,304

Other Expenses $610,542

TOTAL EXPENSES $1,078,261

Year-over-Year Comparison

	2022	2021	Change
Revenue	$962,580	$447,700	+1.2%
Expenses	$1,078,261	$461,170	+1.3%
Net Income	$-115,681	$-13,470	+7.6%

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

$88,931

Total Directors

$88,931

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MADIN LOPEZ	EXECUTIVE DIRECTOR	40.00	Officer Director	$88,931	$0	$88,931
GAEL ZAMUDIO	CHAIR	10.00	Director	$0	$0	$0
ZEKIAH WRIGHT	CO-CHAIR	5.00	Director	$0	$0	$0
CORAL LOBERA	SECRETARY	5.00	Officer Director	$0	$0	$0
SKYLAR MEYERS	TREASURER	3.00	Officer Director	$0	$0	$0
KAREN TONGSON	BOARD MEMBER	3.00	Director	$0	$0	$0
NICHOLAS TURTON	BOARD MEMBER	3.00	Director	$0	$0	$0
DYANNE CANO	BOARD MEMBER	5.00	Director	$0	$0	$0
DAN WALKER	BOARD MEMBER	5.00	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
2022	$962,580	$1,078,261	$77,174	$-115,681
2021	$447,700	$461,170	$177,209	$-13,470
2020	$411,192	$219,828	$193,663	$191,364

PROJECTQ