Civic Intelligence

Project Transformation National

990 • Fiscal year 2017 • EIN 47-4329954

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 26, 2018

4024 Caruth BoulevardDallas, TX 75225

(469) 513-2590

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.10x

Higher debt load relative to assets than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.09x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

90th percentile

$112,872

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

95th percentile

122%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

95%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$586,784

Up $322,250 (+122%) from 2016

Net Assets

Up

$526,323

Up $311,959 (+146%) from 2016

Liabilities

Up

$60,461

Up $10,291 (+21%) from 2016

Revenue

Up

$689,334

Up $336,126 (+95%) from 2016

Expenses

Up

$377,375

Up $52,648 (+16%) from 2016

Net Income

Up

$311,959

Up $283,478 (+995%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $264,534Liabilities 2016: $50,170Net Assets 2016: $214,3642016Assets 2017: $586,784Liabilities 2017: $60,461Net Assets 2017: $526,3232017Assets 2018: $777,454Liabilities 2018: $82,684Net Assets 2018: $694,7702018Assets 2020: $290,412Liabilities 2020: $5,271Net Assets 2020: $285,1412020Assets 2021: $300,604Liabilities 2021: $7,311Net Assets 2021: $293,2932021Assets 2022: $411,975Liabilities 2022: $7,348Net Assets 2022: $404,6272022Assets 2025: $3,241,050Liabilities 2025: $61,529Net Assets 2025: $3,179,5212025

Highlighted filing

2017

Assets$586,784
Liabilities$60,461
Net Assets$526,323

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $353,208Expenses 2016: $324,727Net Income 2016: $28,4812016Revenue 2017: $689,334Expenses 2017: $377,375Net Income 2017: $311,9592017Revenue 2018: $831,661Expenses 2018: $663,214Net Income 2018: $168,4472018Revenue 2020: $462,777Expenses 2020: $725,943Net Income 2020: -$263,1662020Revenue 2021: $438,128Expenses 2021: $429,976Net Income 2021: $8,1522021Revenue 2022: $629,541Expenses 2022: $518,207Net Income 2022: $111,3342022Revenue 2025: $4,724,167Expenses 2025: $1,862,852Net Income 2025: $2,861,3152025

Highlighted filing

2017

Revenue$689,334
Expenses$377,375
Net Income$311,959
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 26, 2018
Return Version
2016v3.0
Gross Receipts
$689,334
Mission and Program Overview

Mission

Project Transformations mission is to transform communities by engaging children, college-age young adults, and churches in purposeful relationships. We envision a world that is rooted in love, pursues the equity of all people, and amplifies Gods call on every life.

Project Transformation National was founded to strengthen and replicate Project Transformations model of ministry in new places. It works through local chapters that are independent non-profit organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$149,704$472,631▲ $322,927
Savings and Temporary Cash Investments$103,223$104,181▲ $958
Land, Buildings, and Equipment, Net$11,607$9,822▼ $1,785
Accounts Receivable-$150-
Total Assets$264,534$586,784▲ $322,250
Liabilities
Grants Payable$50,000$60,000▲ $10,000
Accounts Payable and Accrued Expenses$170$461▲ $291
Total Liabilities$50,170$60,461▲ $10,291
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$335,000-
Unrestricted Net Assets$214,364$191,323▼ $23,041
Total Net Assets Fund Balance$214,364$526,323▲ $311,959
Total Liabilities and Net Assets / Fund Balance$264,534$586,784▲ $322,250

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,822$2,678$12,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric LindhChief Executive OfficerFT$90,000$22,872$112,872

Board Members and Trustees

NameTitle
Andy StokerChair of Board
Barbara DorffDirector
Mary B CasadDirector
Pam BushDirector
Philip JamiesonDirector
Telana McculloughDirector
Henry JoynerSecretary
Anthony HairstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$688,375
Program Service Revenue
$0
Investment Income
$959
Other Revenue
$0
All Other Contributions
$688,375
Change in Net Assets
$311,959

Audited Revenue Reconciliation

Revenue per Audited Statements
$689,334
Total Revenue per Audited Statements
$689,334
Total Revenue per Form 990
$689,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$164,879
Grants and Similar Amounts Paid$150,500
Other Expenses$53,346
Total Fundraising Expense$26,883
Professional Fundraising Fees$8,650

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,500--$150,500
Current Officers, Directors, Trustees, and Key Employees$63,900$13,050$13,050$90,000
Other Salaries and Wages$36,750--$36,750
Other Employee Benefits$22,074$3,180$3,179$28,433
Fees for Services Other$13,754$100-$13,854
Conferences and Meetings$9,949--$9,949
Payroll Taxes$7,700$998$998$9,696
Travel$8,771-$160$8,931
Fees for Services Professional Fundraising--$8,650$8,650
Occupancy$5,055$632$632$6,319
Fees for Services Accounting-$5,451-$5,451
Office Expenses-$2,899-$2,899
Insurance-$1,828-$1,828
Depreciation Depletion$1,428$178$179$1,785
Fees for Services Legal-$1,000-$1,000
Information Technology-$847-$847
Other Expenses$160$162$35$197
Total Functional Expenses$320,041$30,451$26,883$377,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$377,375
Total Expenses per Audited Statements$377,375
Total Expenses per Form 990$377,375
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Project Transformation Central TexasFort Worth, TX501c3Chapter Expansion Grants$50,500
Project Transformation North TexasDallas, TX501c3Chapter Expansion Grants$50,000
Project Transformation DCWashington, DC501c3New Chapter Start Up Grant$25,000
Project Transformation IndianaIndianapolis, IN501c3New Chapter Start Up Grant$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$8,650
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

This Form 990 was prepared by the independent CPA after completion of the annual audit and reviewed by the Chief Executive Officer. A complete copy was provided to all members of the governing body prior to filing.

Form 990, Part VI, Section B, Line 12C

Project Transformation National regularly and consistently monitors and enforces compliance with its written conflict of interest policy by requiring annual certification/disclosure by each member of the governing body.

Form 990, Part VI, Section B, Line 15B

Compensation for the Executive Director is reviewed and approved by the Board of Directors. The Executive Director approves compensation for all other staff.

Form 990, Part VI, Section C, Line 19

Project Transformation National will make its governing documents, conflict of interest policy, and financial statement available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Project Transformation National
EIN
47-4329954
Phone
4695132590
Address
4024 CARUTH BOULEVARD, DALLAS, TX 75225

Signing Officer

Name
Eric Lindh
Title
CEO
Signed
2018-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Lindh CEO
Formed
2015
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
8

Preparer

Firm
Owens and Thurman PC
Address
400 S Zang Boulevard Suite 815, Dallas, TX 75208
Preparer
Diccy Thurman CPA
Phone
2149412361
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IRS990/Desc0During the 2016-17 program year Project Transformations six affiliated chapters in Central Texas, North Texas, South Texas, Oklahoma, Pacific Northwest, and Tennessee delivered results for Children 2,675 at-risk children participated in 8-week summer day camp, 151,001 healthy meals served, 39,116 books read, 96 of children maintained or improved reading levels over the summer, 81 of children were racial minorities College Interns 313 college-age young adults served summer internships, 115,775 hours served, 101 different churches and ministry organizations hosted visits, 53 of college interns were racial minorities, 62 increased their likelihood of continued service with low-income communities and Churches 37 churches in low-income communities hosted Project Transformations summer program, 249 partnering churches provided 5,135 volunteers, serving 34,422 hours in summer program reading one-on-one with children and serving meals to interns, 99 of volunteers had a positive experience and expressed interest in serving again.
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0103223
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0104181
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0688375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0352385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01340760
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0823
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02410
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04192
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01340760
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0688375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0352385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0300000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01340760
IRS990ScheduleA/TotalSupportAmt01344952
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt09822
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02678
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012500
IRS990ScheduleD/ExpensesSubtotalAmt0377375
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0689334
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09822
IRS990ScheduleD/TotalExpensesPerForm990Amt0377375
IRS990ScheduleD/TotalRevenuePerForm990Amt0689334
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0689334
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0377375
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt050500
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Chapter Expansion Grants
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Chapter Expansion Grants
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2New Chapter Start Up Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3New Chapter Start Up Grant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Project Transformation Central Texas
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Project Transformation North Texas
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Project Transformation Indiana
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Project Transformation DC
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01310 S Collard Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14024 Caruth Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt27160 Shadeland Station Way
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt325 53rd Street NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Fort Worth
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Dallas
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Indianapolis
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Washington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076105
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd175225
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd246256
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd320019
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants were made in FY17 to start up two chapters and for program expansion of two chapters. Each prospective chapter must submit a detailed Chapter Application that addresses key factors that will ensure the success of each chapter and that each applicant has met all requirements, which include formation of a Core Leadership Team. Each grantee is required to report programmatic and financial results annually. The funds are monitored by oversight and assistance by the Chief Executive Officer of Project Transformation National.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/Total501c3OrgCnt04
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This Form 990 was prepared by the independent CPA after completion of the annual audit and reviewed by the Chief Executive Officer. A complete copy was provided to all members of the governing body prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Project Transformation National regularly and consistently monitors and enforces compliance with its written conflict of interest policy by requiring annual certification/disclosure by each member of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for the Executive Director is reviewed and approved by the Board of Directors. The Executive Director approves compensation for all other staff.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Project Transformation National will make its governing documents, conflict of interest policy, and financial statement available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0335000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0264534
IRS990/TotalAssetsEOYAmt0586784
IRS990/TotalAssetsGrp/BOYAmt0264534
IRS990/TotalAssetsGrp/EOYAmt0586784
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0688375
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026883
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030451
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0320041
IRS990/TotalFunctionalExpensesGrp/TotalAmt0377375
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050170
IRS990/TotalLiabilitiesEOYAmt060461
IRS990/TotalLiabilitiesGrp/BOYAmt050170
IRS990/TotalLiabilitiesGrp/EOYAmt060461
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0214364
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0526323
IRS990/TotalOtherCompensationAmt022872
IRS990/TotalProgramServiceExpensesAmt0320041
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt0959
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0689334
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0264534
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0586784
IRS990/TravelGrp/FundraisingAmt0160
IRS990/TravelGrp/ProgramServicesAmt08771
IRS990/TravelGrp/TotalAmt08931
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0214364
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0191323

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