PROJECT 114

EIN: 882299501 501(c)(3) Religion

Virginia Beach, VA

Total Revenue
$436,531
Total Expenses
$141,861
Total Assets
$314,282
Net Assets
$314,282
🔒

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
2022
Legal Domicile
VA
Principal Officer
Simon Rattray
Phone
2832277678
Tax Period
2024-01-01 to 2024-12-31

PROJECT 114, founded in 2022, is a small nonprofit in the Religion sector that reported $437K in total revenue in fiscal year 2024. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $295K, a strong 68% operating margin.

Mission

We serve Christians on the "Frontline" of faith, by providing vital trauma recovery, reconciliation, and resilience resources to pastors and under siege Christian communities in the world's most difficult places to follow Jesus, and we serve Christians on the "Homefront" of faith by emboldening them with the stories, courage and "white-hot" witness of their brothers and sisters in the countries where speaking about Jesus can cost you everything.

Program Service Accomplishments

Program 1
Expenses: $116,835 Revenue: $326,869

Program Title: "Pastoral Care and Consulting" Cultural consultants are engaged to provide diverse perspectives on integrating faith and strategic decision-making into business planning through the...

Read more

Program Title: "Pastoral Care and Consulting" Cultural consultants are engaged to provide diverse perspectives on integrating faith and strategic decision-making into business planning through the fields of ethics, best practices, and pastoral care, whilst maintaining a healthy work-life balance. It engages approximately 150 participants.

Program 2
Expenses: $22,550 Revenue: $22,550

Program Title: Planted For Purpose Trauma recovery courses that guides participants in understanding trauma related to religous and cultural persecution. Participants learn to have hope, healing, and...

Read more

Program Title: Planted For Purpose Trauma recovery courses that guides participants in understanding trauma related to religous and cultural persecution. Participants learn to have hope, healing, and forgiveness towards those who caused harm or persecution. Courses consist of facilitated discussions that take place incorporating personal reflection and group discussion. It engages approximately 20,000 participants through collaboration with other partners.

🔒

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 $261,351
Program Service Revenue $175,000
Investment Income $180
Other Revenue $0
TOTAL REVENUE $436,531

Expense Breakdown

Grants Paid $136,944
Salaries & Benefits $0
Fundraising Expenses $1,726
Program Expenses $139,385
Other Expenses $4,917
TOTAL EXPENSES $141,861

Year-over-Year Comparison

2024 2023 Change
Revenue $436,531 $177,349 +1.5%
Expenses $141,861 $180,329 -0.2%
Net Income $294,670 $-2,980 -99.9%
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
3
Independent Members
3
Employees
N/A
Volunteers
7

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
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Simon Rattray President & CEO 30.00
Officer Director Key Emp
$0 $0 $0
Gregory Bergethon Secretary & Treasurer 1
Officer Director
$0 $0 $0
Bill Koeblitz Board Member 1
Director
$0 $0 $0
Luke Kubasek Board Member 0.1
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 No data No data No data No data
2024 $436,531 $141,861 $314,282 $294,670
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROJECT 114 with other nonprofits in Virginia and across the country.