FAR AWAY PROJECTS (EIN 821917723) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

5106461590

Tax Period

2024-01-01 to 2024-12-31

FAR AWAY PROJECTS, founded in 2015, is a small nonprofit in the Human Services sector that reported $907K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 40% operating deficit.

Mission

PROVIDE SUPPORT FOR GLOBAL SOCIAL IMPACT PROJECTS AND GRASSROOTS EFFORTS AROUND THE WORLD

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $826,856

Program Service Revenue $71,334

Investment Income $8,466

Other Revenue $0

TOTAL REVENUE $906,656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,434

Fundraising Expenses $9,408

Program Expenses $177,047

Other Expenses $1,132,539

TOTAL EXPENSES $1,270,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$906,656	$4,435,220	-0.8%
Expenses	$1,270,377	$4,366,682	-0.7%
Net Income	$-363,721	$68,538	-6.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$31,250

Total Directors

$93,134

Key Employees

$22,063

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles M Coleman	Operations Director	40.00	Director	$30,366	$3,018	$33,384
Anne Coleman	Executive Director	40.00	Officer Director	$31,250	$0	$31,250
Desiree F Tavera	President	40.00	Director	$28,138	$362	$28,500
Andrea C Stambaugh	Employee	40.00	Key Emp	$20,261	$1,802	$22,063

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
2024	$906,656	$1,270,377	$822,718	$-363,721
2023	$4,435,220	$4,366,682	$1,316,158	$68,538
2022	$1,406,722	$2,246,738	$838,341	$-840,016
2021	$1,544,861	$3,368,283	$2,058,615	$-1,823,422
2020	$859,484	$821,429	$2,947,551	$38,055

FAR AWAY PROJECTS