THE PROJECT FOR RESILIENT COMMUNITIES (EIN 844981889) - 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

2018

Legal Domicile

Phone

8059653952

Tax Period

2023-01-01 to 2023-12-31

THE PROJECT FOR RESILIENT COMMUNITIES, founded in 2018, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 775% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

ORGANIZED IN RESPONSE TO THE CATASTROPHIC DEBRIS FLOW IN THE MONTECITO AREA ON JANUARY 9, 2018 THAT RESULTED IN THE LOSS OF 23 LIVES AS WELL AS DAMAGE AND/OR DESTRUCTION OF APPROXIMATELY 470 STRUCTURES, THE PROJECT FOR RESILIENT COMMUNITIES WAS ORGANIZED TO EVALUATE THE ON-GOING RISKS FROM FUTURE POTENTIAL DEBRIS FLOWS, TO RESEARCH AND IDENTIFY REASONABLE MEANS TO REDUCE THE RISKS AND/OR THE EFFECTS OF FUTURE DEBRIS FLOWS, AND TO OVERSEE THE INSTALLATION OF DEBRIS FLOW NETS TO HELP PROTECT THE MONTECITO COMMUNITY. THE ORGANIZATION IS ALSO CHARGED WITH THE ONGOING OVERSITE AND MAINTENANCE OF THE NETS, INCLUDING ENVIRONMENTAL CONCERNS, OVER THE NETS FIVE-YEAR PERMIT PERIOD.

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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 $1,396,583

Program Service Revenue $0

Investment Income $70

Other Revenue $0

TOTAL REVENUE $1,396,653

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,304

Fundraising Expenses $1,755

Program Expenses $1,583,717

Other Expenses $1,446,060

TOTAL EXPENSES $1,591,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,396,653	$159,569	+7.8%
Expenses	$1,591,364	$358,131	+3.4%
Net Income	$-194,711	$-198,562	0.0%

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

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

$138,069

Total Directors

$138,069

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK MCELROY	CEO	20.00	Officer Director	$90,000	$0	$90,000
MARY ROSE	CFO	20.00	Officer Director	$48,069	$0	$48,069
BRETT MATTHEWS	President	2.00	Officer Director	$0	$0	$0
HILLARY HAUSER	Director	2.00	Director	$0	$0	$0
DAMON TAUGHER	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
2024	No data	No data	No data	No data
2023	$1,396,653	$1,591,364	$1,144,460	$-194,711
2023	$264,686	$354,381	$12,493	$-89,695
2020	$621,229	$550,463	$802,404	$70,766
2019	$3,002,082	$3,542,730	$729,902	$-540,648

THE PROJECT FOR RESILIENT COMMUNITIES