Project16 Inc (EIN 821611611) - 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

2017

Legal Domicile

Principal Officer

Dennis Ferrill

Tax Period

2020-01-01 to 2020-12-31

Project16 Inc, founded in 2017, is a micro nonprofit that reported $78K in total revenue in fiscal year 2020. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $169K exceeded revenue, resulting in a 118% operating deficit.

Mission

Project16 Inc enables & assists organizations in the investigation and documentation of trafficking situations and processes. It provides management education,guidance,logistical support and other resources such as food,supplies and transportation to aid human trafficking victims

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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 (2020)

Revenue Breakdown

Contributions & Grants $77,545

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $77,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $166,491

Other Expenses $168,707

TOTAL EXPENSES $168,707

Year-over-Year Comparison

	2020	2019	Change
Revenue	$77,545	$185,901	-0.6%
Expenses	$168,707	$218,990	-0.2%
Net Income	$-91,162	$-33,089	+1.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Craig Coy	Director	2.00	Director	$0	$0	$0
Allen Hollander	Secretary	2.00	Officer Director	$0	$0	$0
Dennis Ferrill	President	45.00	Officer 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
2020	$77,545	$168,707	$24,192	$-91,162
2019	$185,901	$218,990	$43,680	$-33,089
2018	$174,201	$190,315	$65,456	$-16,114

Project16 Inc