PROJECT SAVING VETERANS FROM EXIGE… - Form 990 Financial Data

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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

PATRICK HENRY

Phone

9296992953

Tax Period

2024-01-01 to 2024-12-31

PROJECT SAVING VETERANS FROM EXIGENCY INC, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 16452% from the prior year, signaling strong growth momentum. The organization ran a surplus of $841K, a strong 51% operating margin.

Mission

TO PROVIDE ASSISTANCE TO ALL VETERANS WHO ARE EXPERIENCING MENTAL HEALTH CHALLENGES, DEPRESSION MATTERS, AND INJURY ISSUES WITH DIFFERENT HELPFUL PROGRAMS. PROGRAMS CAN INCLUDE HOUSING, HOUSING REFERRALS, SOCIAL SERVICES, AND MORE.

Program Service Accomplishments

Program 1

Expenses: $738,772 Revenue: $0

THE ORGANIZATION PROVIDES ASSISTANCE TO ALL VETERANS THAT FACES MENTAL HEALTH CHALLENGES AND INJURIES WITH DIFFERENT HELPFUL PROGRAMS, WHICH INCLUDES HOUSING, SOCIAL SERVICES, AND MORE. THE...

THE ORGANIZATION PROVIDES ASSISTANCE TO ALL VETERANS THAT FACES MENTAL HEALTH CHALLENGES AND INJURIES WITH DIFFERENT HELPFUL PROGRAMS, WHICH INCLUDES HOUSING, SOCIAL SERVICES, AND MORE. THE ORGANIZATION USES FUNDS FROM NYC TO FUND THESE PROGRAMS, AND PAY THEIR EMPLOYEES.

Program 2

Expenses: $0 Revenue: $11,000

THE ORGANIZATION RECEIVE MOST OF THEIR FUNDING FROM THE GOVERNMENT OF NEW YORK CITY. THEY ALSO RECEIVE DONATIONS FROM THE GENERAL PUBLIC TO FUND EXPENSES INCURRED BY THE MANAGEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,655,201

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,655,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $517,910

Fundraising Expenses $0

Program Expenses $738,772

Other Expenses $296,397

TOTAL EXPENSES $814,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,655,201	$10,000	+164.5%
Expenses	$814,307	$15,058	+53.1%
Net Income	$840,894	$-5,058	-167.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK HENRY	CEO	40.00	Officer Director	$0	$0	$0
DONETT GREEN-FINDLAY	EXECUTIVE VP	40.00	Officer Director	$0	$0	$0
MIGNON CARPENTER	PRESIDENT	10.00	Director	$0	$0	$0
ERICA CARIS	VICE PRESIDENT	10.00	Director	$0	$0	$0
JODY CLUNIS-WEBB	SECRETARY	10.00	Officer Director	$0	$0	$0
DR ASNETH COUNCIL	BOARD MEMBER	10.00	Director	$0	$0	$0
MARK MERCER	BOARD MEMBER	10.00	Director	$0	$0	$0
EVESLEY CORBIN	BOARD MEMBER	10.00	Director	$0	$0	$0
COLIN STEPHEN	BOARD MEMBER	10.00	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	$1,655,201	$814,307	$844,071	$840,894

PROJECT SAVING VETERANS FROM EXIGENCY INC