THE PENDULUM PROJECT INC (EIN 872440411) - 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

2021

Legal Domicile

Principal Officer

STEVEN SODERBERGH

Phone

2129496700

Tax Period

2022-01-01 to 2022-12-31

THE PENDULUM PROJECT INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $500K in total revenue in fiscal year 2022. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $675K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE PENDULUM PROJECT, INC. IS A NON-PROFIT THAT ENGAGES IN CINEMATIC STORYTELLING AND MENTORING A NEW GENERATION OF CREATORS. BASED IN NEW YORK, NY THE PENDULUM PROJECT USES BOTH DIGITAL RESOURCES AND IN-PERSON EVENTS TO BUILD A COMMUNITY OF CREATIVES ACROSS THE UNITED STATES, A COMMUNITY COMMITTED TO MAKING SOCIETY WORK FOR EVERYONE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $500,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $489,725

Other Expenses $675,445

TOTAL EXPENSES $675,445

Year-over-Year Comparison

	2022	2021	Change
Revenue	$500,000	$1,000,000	-0.5%
Expenses	$675,445	$279,575	+1.4%
Net Income	$-175,445	$720,425	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN SODERBERGH	PRESIDENT	5.00	Officer Director	$0	$0	$0
ADAM POGOFF	SECRETARY	5.00	Officer Director	$0	$0	$0
KURT ANDERSEN	TREASURER	5.00	Officer 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
2022	$500,000	$675,445	$544,980	$-175,445
2021	$1,000,000	$279,575	$720,425	$720,425

THE PENDULUM PROJECT INC