PROJECT AZUL INC (EIN 843859092) - 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

2020

Legal Domicile

Principal Officer

JACKIE MORALES

Phone

3174727599

Tax Period

2022-01-01 to 2022-12-31

PROJECT AZUL INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $374K in total revenue in fiscal year 2022. Expenses of $415K exceeded revenue, resulting in a 11% operating deficit.

Mission

OUR MISSION IS TO PROVIDE INDIVIDUALS WITH THE FLEXIBLE TRAINING AND FINANCIAL ASSISTANCE NEEDED TO TRANSITION FROM UNEMPLOYMENT OR UNDEREMPLOYMENT INTO FULL-TIME POSITIONS OFFERING HIGHER WAGES, ACCESS TO BENEFITS, AND A PATHWAY TO CAREER ADVANCEMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $373,900

Program Service Revenue $0

Investment Income $0

Other Revenue $1

TOTAL REVENUE $373,901

Expense Breakdown

Grants Paid $156,555

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,555

Other Expenses $258,126

TOTAL EXPENSES $414,681

Year-over-Year Comparison

	2022	2021	Change
Revenue	$373,901	$377,691	0.0%
Expenses	$414,681	$310,054	+0.3%
Net Income	$-40,780	$67,637	-1.6%

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

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

$93,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YECENIA TOSTADO	EXECUTIVE DI	40.00	Officer	$0	$0	$93,600
STEPHANIE FRITZ	BOARD MEMBER	2.00	Director	$0	$0	$0
SETH MORALES	BOARD MEMBER	2.00	Director	$0	$0	$0
TOM MORALES	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER BURTON	TREASURER	2.00	Officer Director	$0	$0	$0
JACKIE MORALES	PRESIDENT	2.00	Officer Director	$0	$0	$0
TIERA HOLLANQUEST	SECRETARY	2.00	Officer	$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
2022	$373,901	$414,681	$57,952	$-40,780
2021	$377,691	$310,054	$98,732	$67,637
2020	$297,191	$288,723	$105,296	$8,468

PROJECT AZUL INC