P3 FOUNDATION INC

🔒

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

2017

Legal Domicile

Principal Officer

KIM WYATT

Phone

9724155348

Tax Period

2023-01-01 to 2023-12-31

P3 FOUNDATION INC, founded in 2017, is a mid-sized nonprofit in the Human Services sector that reported $16.1M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

TO PARTNER WITH PUBLIC AND CHARITABLE ENTITIES TO DEVELOP SERVICES, ACTIVITIES, AND PROGRAMS DESIGNED FOR SENIOR HOUSING, EDUCATION, HEALTH CARE FACILITIES, AFFORDABLE HOUSING, AND GOVERNMENTS.

Program Service Accomplishments

Program 1

Expenses: $13,906,499 Revenue: $11,423,232

STUDENT HOUSING FACILITIES - LEASE AND MANAGEMENT OF STUDENT HOUSING CONSISTING OF RESIDENTIAL PROPERTIES LOCATED ON OR NEAR: 1)FRANKLIN & MARSHALL COLLEGE IN LANCASTER, PA, 2)CLAREMONT GRADUATE...

STUDENT HOUSING FACILITIES - LEASE AND MANAGEMENT OF STUDENT HOUSING CONSISTING OF RESIDENTIAL PROPERTIES LOCATED ON OR NEAR: 1)FRANKLIN & MARSHALL COLLEGE IN LANCASTER, PA, 2)CLAREMONT GRADUATE UNIVERSITY IN CLAREMONT, CA, 3)UNIVERSITY OF NEBRASKA IN LINCOLN, NE, AND 4) JOHNS HOPKINS UNIVERSITY SCHOOL OF MEDICINE IN BALTIMORE, MD.

Program 2

Expenses: $160,468

CONSTRUCTION AND OPERATION OF SPORTS AND ENTERTAINMENT FACILITIES LOCATED IN VIRGINIA BEACH, VA. THE PROJECT INCLUDES THE CONSTRUCTION, DEVELOPMENT, EQUIPING, AND MAINTAINING A SURF PARK AND RELATED FACILITIES AS PART OF A LARGER, MIXED-USE PROJECT UNDER DEVELOPMENT BY THE CITY OF VIRGINIA BEACH, VA. EXCESS CASH FLOW FROM THE PROJECT WILL PRIMARILY BE DONATED TO LOCAL CHARITABLE ORGANIZATIONS.

Program 3

Expenses: $71,568 Revenue: $309

PROVIDING SERVICES, ACTIVITIES AND PROGRAMS DEDICATED TO FURTHERING COMMUNITY DEVELOPMENT, EDUCATION, AND LESSENING THE BURDENS OF GOVERNMENT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $4,200,656

Program Service Revenue $11,423,541

Investment Income $1,019,408

Other Revenue $-552,767

TOTAL REVENUE $16,090,838

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $996,634

Fundraising Expenses $0

Program Expenses $14,138,535

Other Expenses $15,132,125

TOTAL EXPENSES $16,143,759

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,090,838	$10,891,827	+0.5%
Expenses	$16,143,759	$14,280,861	+0.1%
Net Income	$-52,921	$-3,389,034	-1.0%

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

$24,487

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM WYATT	EXECUTIVE DI	20.00	Officer	$24,487	$0	$24,487
GREG FAWCETT	SECRETARY	N/A	Officer Director	$0	$0	$0
EVA HILL	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW KITTLESON	DIRECTOR	N/A	Director	$0	$0	$0
JEFF KLEIN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JIM MOORE	TREASURER	N/A	Officer Director	$0	$0	$0
LOUISE WALLER	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$16,090,838	$16,143,759	$212,598,575	$-52,921
2022	$10,891,827	$14,280,861	$106,595,603	$-3,389,034
2021	$5,131,940	$9,486,578	$75,107,588	$-4,354,638
2020	$3,313,490	$3,824,552	$77,767,451	$-511,062
2019	$1,222,194	$990,205	$26,943,363	$231,989