PACIFIC, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROJECT 42, founded in 2020, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum.
TO SUPPORT BUILDING INFRASTRUCTURE IN WASHINGTON STATE AROUND FREE MARKETS, PERSONAL LIBERTY, AND PUBLIC SAFETY.
CAPACITY GROUPS - OUR APPROACH IS TO BUILD A DURABLE CONSERVATIVE INFRASTRUCTURE THAT WILL CHANGE THE STATUS QUO OVER TIME. THE KEY COMPONENTS OF OUR APPROACH ARE: IDENTIFY CORE CAPACITIES THAT NEED...
CAPACITY GROUPS - OUR APPROACH IS TO BUILD A DURABLE CONSERVATIVE INFRASTRUCTURE THAT WILL CHANGE THE STATUS QUO OVER TIME. THE KEY COMPONENTS OF OUR APPROACH ARE: IDENTIFY CORE CAPACITIES THAT NEED TO BE BUILT OR FINANCED. IDENTIFY, VET AND INVEST IN THE MOST EFFECTIVE ORGANIZATIONS TO BUILD THESE CAPACITIES. RUN THOSE ORGANIZATIONS LIKE BUSINESSES CREATING GOALS AND METRICS TO MEASURE OUTCOMES. MOST IMPORTANTLY, THE WORK OF THIS DURABLE INFRASTRUCTURE WILL NEVER STOP. PROJECT 42 WILL CONTINUE TO BUILD FOR THE LONG TERM. CAPACITY GROUPS FOR 2023 INCLUDE A FEMALE CANDIDATE RECRUITING AND TRAINING PLATFORM, A MEDIA OPERATIONS ORGANIZATION THAT FOCUSES ON ACCOUNTABILITY AND PUBLIC SAFETY ISSUES IN SEATTLE, AND A NEWS FOUNDATION ORGANIZATION THAT ENSURES STORIES IN THE NEWS TELL THE TAXPAYERS' POINT OF VIEW. IN 2023 WE ALSO PARTICIPATED IN THE RE-LAUNCH OF A LEGAL DEFENSE FUND, TO HOLD GOVERNMENT ACCOUNTABLE AND DEFEND THE RIGHTS OF WA CITIZENS
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,265,631 | $1,968,423 | +0.7% |
| Expenses | $3,215,843 | $2,093,120 | +0.5% |
| Net Income | $49,788 | $-124,697 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVE GORDON | CHAIR/TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN HEYWOOD | VICE CHAIR/SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,265,631 | $3,215,843 | $57,764 | $49,788 |
| 2022 | $1,968,423 | $2,093,120 | $7,976 | $-124,697 |
| 2021 | $953,844 | $822,635 | $132,673 | $131,209 |
| 2020 | $402,688 | $401,224 | $1,464 | $1,464 |
Compare PROJECT 42 with other nonprofits in Washington and across the country.