CATHERINE PROJECT INC

EIN: 871914842 501(c)(3) Education

Annapolis, MD

Total Revenue
$399,440
Total Expenses
$256,977
Total Assets
$359,890
Net Assets
$359,890
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MD
Principal Officer
Jordan Poyner
Phone
4438080881
Tax Period
2024-07-01 to 2025-06-30

CATHERINE PROJECT INC, founded in 2021, is a small nonprofit in the Education sector that reported $399K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $142K, a strong 36% operating margin.

Mission

To provide substantive, high-quality person-to-person teaching to individuals 16 years or older, without fixed cost; to promote and support independent and student-directed learning.

Program Service Accomplishments

Program 1
Expenses: $121,416 Revenue: $0

In July 2024-June 2025, we administered 51 Core Program courses on great books, serving 483 learners free of charge (the Core Program consists of a sequence of four 12-week courses). In each Core...

Read more

In July 2024-June 2025, we administered 51 Core Program courses on great books, serving 483 learners free of charge (the Core Program consists of a sequence of four 12-week courses). In each Core Program course, 6-15 participants met weekly over the course of 12 weeks for seminars led by volunteer seminar leaders. Participants who completed the introductory course submitted weekly writing in subsequent courses and received feedback from their seminar leader(s).

Program 2
Expenses: $60,115 Revenue: $0

In the same period we administered 147 reading groups, serving 1409 learners free of charge. 4-15 participants met weekly for discussions of one or more fundamental texts guided by volunteers skilled...

Read more

In the same period we administered 147 reading groups, serving 1409 learners free of charge. 4-15 participants met weekly for discussions of one or more fundamental texts guided by volunteers skilled at modeling skills of close reading and thoughtful discussion. Depending on the text chosen and reading pace, groups lasted between 1-32 weeks.

Program 3
Expenses: $8,956 Revenue: $0

In that same period, we administered 13 subject tutorials on languages, mathematics, and writing, serving 178 learners free of charge. 4-20 participants met once or twice weekly to study the subject...

Read more

In that same period, we administered 13 subject tutorials on languages, mathematics, and writing, serving 178 learners free of charge. 4-20 participants met once or twice weekly to study the subject in question. Subject tutorials ran for between 8-14 weeks.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $399,440
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $399,440

Expense Breakdown

Grants Paid $0
Salaries & Benefits $162,513
Fundraising Expenses $21,266
Program Expenses $205,356
Other Expenses $94,464
TOTAL EXPENSES $256,977

Year-over-Year Comparison

2024 2023 Change
Revenue $399,440 $249,826 +0.6%
Expenses $256,977 $157,313 +0.6%
Net Income $142,463 $92,513 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
149

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
0
$0
Total Directors
7
$0
Key Employees
2
$145,478
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jordan Poyner Executive Director 40
Key Emp
$62,917 $16,709 $79,626
Aschely Cone Associate Director 40
Key Emp
$62,917 $2,935 $65,852
Ann Folan Treasurer 1
Director
$0 $0 $0
Zena Hitz President 5
Director
$0 $0 $0
Kreigh Knerr Officer 1
Director
$0 $0 $0
Thomas W Merrill Officer 1
Director
$0 $0 $0
Roosevelt Montas Officer 1
Director
$0 $0 $0
Maca Olsen Secretary 1
Director
$0 $0 $0
Mary Peterson Officer 1
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
2025 $399,440 $256,977 $359,890 $142,463
2025 $399,440 $256,977 $359,890 $142,463
2025 No data No data No data No data
2024 $247,325 $159,799 $215,864 $87,526
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CATHERINE PROJECT INC with other nonprofits in Maryland and across the country.