Civic Intelligence

Project Transformation National

990 • Fiscal year 2024 • EIN 47-4329954

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 15, 2025

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

64th percentile

0.06x

Higher debt load relative to assets than 64% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.03x

Higher debt load relative to revenue than 57% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

47th percentile

3.3%

Higher net margin than 47% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$112,847

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

51st percentile

4.5%

Faster asset growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

49%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$361,504

Down $50,471 (-12%) from 2022

Net Assets

Down

$338,037

Down $66,590 (-16%) from 2022

Liabilities

Up

$23,467

Up $16,119 (+219%) from 2022

Revenue

Up

$691,894

Up $62,353 (+9.9%) from 2022

Expenses

Up

$669,165

Up $150,958 (+29%) from 2022

Net Income

Down

$22,729

Down $88,605 (-80%) from 2022

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 2024: $361,504Liabilities 2024: $23,467Net Assets 2024: $338,0372024Assets 2025: $3,241,050Liabilities 2025: $61,529Net Assets 2025: $3,179,5212025

Highlighted filing

2024

Assets$361,504
Liabilities$23,467
Net Assets$338,037

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 2024: $691,894Expenses 2024: $669,165Net Income 2024: $22,7292024Revenue 2025: $4,724,167Expenses 2025: $1,862,852Net Income 2025: $2,861,3152025

Highlighted filing

2024

Revenue$691,894
Expenses$669,165
Net Income$22,729
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$691,894
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
Savings and Temporary Cash Investments$149,109$190,791▲ $41,682
Cash and Non-Interest-Bearing Accounts$22,478$73,917▲ $51,439
Pledges and Grants Receivable$66,875--
Intangible Assets$64,286$53,571▼ $10,715
Accounts Receivable$17,989$25,229▲ $7,240
Total Assets$346,021$361,504▲ $15,483
Other Assets Total$25,284$17,996▼ $7,288
Liabilities
Other Liabilities$25,584$17,996▼ $7,588
Accounts Payable and Accrued Expenses$5,129$5,471▲ $342
Total Liabilities$30,713$23,467▼ $7,246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$240,248$262,977▲ $22,729
Net Assets With Donor Restrictions$75,060$75,060→ $0
Total Net Assets Fund Balance$315,308$338,037▲ $22,729
Total Liabilities and Net Assets / Fund Balance$346,021$361,504▲ $15,483

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,500$12,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric LindhCEO to 6/30/24FT$94,934$17,913$112,847
Casey MellodyInterim CEO from 7/1/24FT$15,617-$15,617

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$648,246
Program Service Revenue
$41,966
Investment Income
$1,682
Other Revenue
$0
All Other Contributions
$459,219
Change in Net Assets
$22,729

Audited Revenue Reconciliation

Revenue per Audited Statements
$691,894
Total Revenue per Audited Statements
$691,894
Total Revenue per Form 990
$691,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$492,688
Total Fundraising Expense$128,093
Other Expenses$126,477
Grants and Similar Amounts Paid$50,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,250-$78,750$290,000
Current Officers, Directors, Trustees, and Key Employees$86,818$8,544$15,189$110,551
Payroll Taxes$45,713$1,310$14,406$61,429
Grants to Domestic Orgs$50,000--$50,000
Travel$37,173--$37,173
Fees for Services Other$26,560$3,423$1,185$31,168
Other Employee Benefits$22,851$655$7,202$30,708
Other Expenses$13,804-$2,387$16,191
Depreciation Depletion$8,036$214$2,464$10,714
Fees for Services Accounting-$8,193-$8,193
Occupancy$6,024$161$1,847$8,032
Information Technology$3,063-$3,064$6,127
Office Expenses-$5,442-$5,442
Insurance-$1,678-$1,678
Total Functional Expenses$511,452$29,620$128,093$669,165

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$669,165
Total Expenses per Audited Statements$669,165
Total Expenses per Form 990$669,165
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Project Transformation North TexaDallas, TX501c3Chapter Grant$50,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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$17,996
Funds held for chapters under fiscal sponsorship agreements-
Operating lease liability-
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 35% controlled entity
No
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 of the return will be provided to all members of the governing body at the next scheduled meeting.

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 15

Compensation for the CEO is reviewed and approved by the Board of Directors. The CEO 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 statements 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
Casey Mellody
Title
CEO
Phone
4695132590
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Casey Mellody
Formed
2015
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
13

Preparer

Firm
Owens & Thurman PC
Address
3112 Sanctuary Drive, Cedar Hill, TX 75104-4500
Preparer
Diccy Thurman CPA
Phone
2149412361
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IRS990/Desc0PT National supported a network of seven affiliated chapters in Arkansas, Central Texas, North Texas, Oklahoma, South Rio Texas, Tennessee, and Washington, DC with network results as follows. CHILDREN 1,232 children and youth participated in PTs summer programs, reading one-on-one with volunteers for 6,735 hours, resulting in 97 of children maintaining or improving their reading levels. 4,524 books were distributed to children for at-home libraries. YOUNG ADULTS 196 young adults served summer service terms, leading summer programming with children and discerning their vocation. CHURCHES 34 churches hosted PTs summer camps with 118 partnering churches and organizations and 2,040 volunteers serving with PT.
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0262977
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01847
IRS990/OccupancyGrp/ManagementAndGeneralAmt0161
IRS990/OccupancyGrp/ProgramServicesAmt06024
IRS990/OccupancyGrp/TotalAmt08032
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05442
IRS990/OfficeExpensesGrp/TotalAmt05442
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025284
IRS990/OtherAssetsTotalGrp/EOYAmt017996
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07202
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0655
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022851
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030708
IRS990/OtherExpensesGrp/Desc0Dues and subscriptions
IRS990/OtherExpensesGrp/Desc1Other expenses
IRS990/OtherExpensesGrp/FundraisingAmt01599
IRS990/OtherExpensesGrp/FundraisingAmt12387
IRS990/OtherExpensesGrp/ProgramServicesAmt0160
IRS990/OtherExpensesGrp/ProgramServicesAmt113804
IRS990/OtherExpensesGrp/TotalAmt01759
IRS990/OtherExpensesGrp/TotalAmt116191
IRS990/OtherLiabilitiesGrp/BOYAmt025584
IRS990/OtherLiabilitiesGrp/EOYAmt017996
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt078750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0211250
IRS990/OtherSalariesAndWagesGrp/TotalAmt0290000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt014406
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01310
IRS990/PayrollTaxesGrp/ProgramServicesAmt045713
IRS990/PayrollTaxesGrp/TotalAmt061429
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt066875
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Casey Mellody
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Chapter affiliation dues
IRS990/ProgramServiceRevenueGrp/Desc1Program service fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt039866
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt039866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12100
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0412655
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYInvestmentIncomeAmt01444
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt097185
IRS990/PYOtherRevenueAmt0152
IRS990/PYProgramServiceRevenueAmt050631
IRS990/PYRevenuesLessExpensesAmt0-89319
IRS990/PYSalariesCompEmpBnftPaidAmt0344456
IRS990/PYTotalExpensesAmt0554201
IRS990/PYTotalProfFndrsngExpnsAmt062560
IRS990/PYTotalRevenueAmt0464882
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt022729
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt041966
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0149109
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0190791
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0648246
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0412655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0576958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0378784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0416274
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02432917
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0728
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03956
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08529
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0237266
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0152
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt08358
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08510
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84180
IRS990ScheduleA/PublicSupportPY170Pct00.80470
IRS990ScheduleA/PublicSupportTotal170Amt02062494
IRS990ScheduleA/SubstantialContributorsTotAmt0370423
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0648246
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0412655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0576958
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0378784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0416274
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02432917
IRS990ScheduleA/TotalSupportAmt02449956
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/DepreciationAmt012500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012500
IRS990ScheduleD/ExpensesSubtotalAmt0669165
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017996
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Funds held for chapters under fiscal sponsorship agreements
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Operating lease liability
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0691894
IRS990ScheduleD/TotalExpensesPerForm990Amt0669165
IRS990ScheduleD/TotalLiabilityAmt017996
IRS990ScheduleD/TotalRevenuePerForm990Amt0691894
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0691894
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0669165
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Chapter Grant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Project Transformation North Texa
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04024 Caruth Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Dallas
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075225
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Book
IRS990ScheduleI/TotalOtherOrgCnt01
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 of the return will be provided to all members of the governing body at the next scheduled meeting.
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.

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