PROJECT FOUNDED INCORPORATED

EIN: 871320681 501(c)(3)

BERKELEY, CA

Total Revenue
$130
Total Expenses
$3,120
Total Assets
N/A
Net Assets
N/A
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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
2021
Legal Domicile
CA
Principal Officer
SANDRO OLIVIERI
Phone
2403813287
Tax Period
2024-01-01 to 2024-12-31

PROJECT FOUNDED INCORPORATED, founded in 2021, is a micro nonprofit that reported $130 in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $3K exceeded revenue, resulting in a 2300% operating deficit.

Mission

TO BRINGING ABOUT EQUITABLE LEARNING OUTCOMES FOR ALL LEARNERS BY REMOVING BARRIERS TO EDTECH INNOVATION AND ADOPTION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $130
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,120
Other Expenses $3,120
TOTAL EXPENSES $3,120

Year-over-Year Comparison

2024 2023 Change
Revenue $130 $328 -0.6%
Expenses $3,120 $116,376 -1.0%
Net Income $-2,990 $-116,048 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY MANDRIER COO 40.00
Officer
$0 $0 $0
JOANNA SMITH BOARD OF DIR 10.00
Director
$0 $0 $0
SANDRO OLIVIERI CEO 40.00
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
2024 $130 $3,120 No data $-2,990
2023 $328 $116,376 $2,990 $-116,048
2022 $122,652 $286,169 $118,793 $-163,517
2021 $400,000 $117,445 $297,555 $282,555
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