PROJECT BOLT (EIN 821157011) - 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

2018

Legal Domicile

Principal Officer

Jaraun Boyd

Phone

7042534333

Tax Period

2021-01-01 to 2021-12-31

PROJECT BOLT, founded in 2018, is a micro nonprofit that reported $71K in total revenue in fiscal year 2021. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $68K left a modest 4% surplus.

Mission

Project BOLT is a nonprofit organization based in Charlotte, NC whose mission is to improve the quality of life for marginalized citizens in our community. B.O.L.T. is an acronym that stands for "Building Outstanding Lives Together". Through our work we envision a community that is inclusive of all people.

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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 (2021)

Revenue Breakdown

Contributions & Grants $71,407

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $71,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,461

Other Expenses $68,202

TOTAL EXPENSES $68,202

Year-over-Year Comparison

	2021	2020	Change
Revenue	$71,407	$61,500	+0.2%
Expenses	$68,202	$52,600	+0.3%
Net Income	$3,205	$8,900	-0.6%

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

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
Jaraun Boyd	CEO	15	Officer	$0	$0	$0
Jewel Hayden	Vice President	15	Officer	$0	$0	$0
Lakeya Williams	Secretary	15	Officer	$0	$0	$0
Roddrick Boyd	Programs Director	15	Key Emp	$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
2021	$71,407	$68,202	$3,205	$3,205

PROJECT BOLT