NOVEMBER PROJECT INC (EIN 823240354) - 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

Phone

6176638860

Tax Period

2023-01-01 to 2023-12-31

NOVEMBER PROJECT INC, founded in 2017, is a small nonprofit in the Health Care sector that reported $319K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $411K exceeded revenue, resulting in a 29% operating deficit.

Mission

Lowering the intimidation of fitness, building human connections, and improving mental and physical health by providing free, fun, weekly workout gatherings throughout the world.

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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 (2023)

Revenue Breakdown

Contributions & Grants $319,483

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $319,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $241,010

Fundraising Expenses $0

Program Expenses $388,362

Other Expenses $170,335

TOTAL EXPENSES $411,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$319,483	$728,115	-0.6%
Expenses	$411,345	$703,328	-0.4%
Net Income	$-91,862	$24,787	-4.7%

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

135

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

$110,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOJAN MANDARIC	Executive Dir.	40.00	Director	$110,000	$0	$110,000
STEVE BAKER	Vice President	2.00	Director	$0	$0	$0
CLAUDIA THOMPSON	President	2.00	Officer Director	$0	$0	$0
NADIM CHIN	Secretary	2.00	Officer Director	$0	$0	$0
SCOTT BOHMKE	Treasurer	2.00	Officer Director	$0	$0	$0
LYNN GONSALVES	Director	2.00	Director	$0	$0	$0
ELIZABETH KANYER	Director	2.00	Director	$0	$0	$0
MARTINUS EVANS	Director	2.00	Director	$0	$0	$0
ALEXIS HENDRICKS	Director	2.00	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
2023	$319,483	$411,345	$72,863	$-91,862
2022	$728,115	$703,328	$170,587	$24,787
2021	$760,556	$728,386	$136,807	$32,170
2020	$526,858	$450,265	$103,167	$76,593
2019	$456,691	$476,381	$27,255	$-19,690
2018	$529,985	$483,374	$46,611	$46,611

NOVEMBER PROJECT INC