PROJECTHANDUP

EIN: 900705496 501(c)(3) Housing & Shelter

GRAPEVINE, TX

Total Revenue
$5,329,239
Total Expenses
$5,938,312
Total Assets
$51,653,885
Net Assets
$51,284,143
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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
2011
Legal Domicile
TX
Principal Officer
MARY PARKER
Phone
8179120317
Tax Period
2024-01-01 to 2024-12-31

PROJECTHANDUP, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $5.3M in total revenue in fiscal year 2024. Expenses of $5.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE GATEHOUSE GIVES A HAND UP TO GOAL-ORIENTED WOMEN WHO ARE WORKING TO OVERCOME HARDSHIPS BY EQUIPPING THEM TO CREATE A FOUNDATION FOR PERMANENT SELF-SUSTAINABILITY.OUR CURRICULUM FOCUSES ON PROBLEM-SOLVING AND PROVIDES RESOURCES AS NEEDED BASED ON THE INDIVIDUAL'S NEEDS AND GOALS. THE GATEHOUSE PROGRAM ALLOWS FAMILIES TO ACHIEVE THE DIGNITY OF EARNED SUCCESS THROUGH A CAREER-BASED INCOME, FINANCIAL STABILITY AND THE SKILLS TO MANAGE THEIR EMOTIONAL, SPIRITUAL AND PHYSICAL HEALTH.

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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 $4,425,496
Program Service Revenue $0
Investment Income $768,286
Other Revenue $135,457
TOTAL REVENUE $5,329,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,865,776
Fundraising Expenses $88,530
Program Expenses $3,861,153
Other Expenses $4,072,536
TOTAL EXPENSES $5,938,312

Year-over-Year Comparison

2024 2023 Change
Revenue $5,329,239 $5,155,229 +0.0%
Expenses $5,938,312 $5,344,178 +0.1%
Net Income $-609,073 $-188,949 +2.2%
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

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Governance

Voting Members
8
Independent Members
8
Employees
23
Volunteers
578

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
3
$406,095
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACI COY TREASURER 1.00
Director
$0 $0 $0
RICH GREEN DIRECTOR 0.00
Director
$0 $0 $0
DEE KELLY JR DIRECTOR 0.00
Director
$0 $0 $0
DENISE LAPOSTA BOARD SECRETARY 0.00
Director
$0 $0 $0
ANNA MCCOY DIRECTOR 0.00
Director
$0 $0 $0
LISA ROSE DIRECTOR 0.00
Director
$0 $0 $0
LEIGH SANSONE DIRECTOR 0.00
Director
$0 $0 $0
LOUIE MURILLO DIRECTOR 0.00
Director
$0 $0 $0
PHILLIP ROSE DIRECTOR 0.00
Director
$0 $0 $0
MARY PARKER PRESIDENT 40.00
Officer
$157,937 $0 $157,937
WADE PARKER CHIEF DEVELOPMENT OFFICER 40.00
Officer
$122,785 $0 $122,785
LINDSAY M KINZIE GENERAL COUNCIL 40.00
Officer
$125,373 $0 $125,373
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 $5,329,239 $5,938,312 $51,653,885 $-609,073
2023 $5,155,229 $5,344,178 $51,660,595 $-188,949
2022 $5,346,316 $5,139,920 $50,904,251 $206,396
2021 $5,731,956 $4,783,142 $51,069,660 $948,814
2020 $5,206,797 $4,941,872 $49,816,509 $264,925
2019 $8,456,421 $5,054,178 $49,881,531 $3,402,243
2018 $6,860,853 $4,674,099 $46,606,513 $2,186,754
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