PROJECT KINSHIP (EIN 880628035) - 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 KIM

Phone

7149418009

Tax Period

2024-07-01 to 2025-06-30

PROJECT KINSHIP, founded in 2021, is a mid-sized nonprofit in the Human Services sector that reported $13.7M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $13.2M left a modest 4% surplus.

Mission

The mission of Project Kinship is to provide support and training to lives impacted by incarceration, gangs, and violence through hope, healing, and transformation.

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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 $3,484,519

Program Service Revenue $10,224,893

Investment Income $0

Other Revenue $13,287

TOTAL REVENUE $13,722,699

Expense Breakdown

Grants Paid $68,055

Salaries & Benefits $9,820,069

Fundraising Expenses $135,831

Program Expenses $11,754,538

Other Expenses $3,312,223

TOTAL EXPENSES $13,200,347

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,722,699	$11,161,869	+0.2%
Expenses	$13,200,347	$9,979,501	+0.3%
Net Income	$522,352	$1,182,368	-0.6%

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

169

Volunteers

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

$164,446

Total Directors

$164,446

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN KIM	CEO/EXEC DIR	40.00	Officer Director	$164,446	$0	$164,446
AARON REYES	ASSCT. EXEC. DIR.	40.00		$124,506	$0	$124,506
THAO PHAM	DIR. OF FINANCE	40.00		$120,327	$0	$120,327
MADELINE RODRIGUEZ	DIR. OF PROGRAMS	40.00		$117,152	$0	$117,152
PRISCILLA KIM	DIR. OF HR	40.00		$104,099	$0	$104,099
EDNA MERCORIOS	PROGRAM MANAGER	40.00		$100,350	$0	$100,350
JOHN TRACY	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CRYSTAL WATSON	VICE CHAIR/SEC	1.00	Officer Director	$0	$0	$0
DANIEL HYUN	Treasurer	1.00	Officer Director	$0	$0	$0
MARIA PASSASEO	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL CARDENAS	BOARD MEMBER	1.00	Director	$0	$0	$0
SHERVIN VADOOD	BOARD MEMBER	1.00	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
2025	$13,722,699	$13,200,347	$9,243,716	$522,352
2024	$11,161,869	$9,979,501	$3,244,851	$1,182,368
2023	$233,000	$200	$232,800	$232,800

PROJECT KINSHIP