Civic Intelligence

Project Azul Inc

EIN 84-3859092 • 501(c)3 • Indianapolis, IN

Profile

The purpose of project azul inc is to provide individuals with the flexible training and financial assistance needed to transition from unemployment or underemployment into full-time positions offering higher wages, access to benefits, and a pathway to career advancement

1936 S Lynhurst Dr Ste RIndianapolis, IN 46241

www.projectazul.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

587.00x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

13th percentile

-62%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-74%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$3

Down $57,949 (-100%) from 2022

Liabilities

Up

$1,761

Up $1,569 (+817%) from 2022

Net Assets

Down

-$1,758

Down $59,518 (-103%) from 2022

Revenue

Down

$95,839

Down $278,062 (-74%) from 2022

Expenses

Down

$155,357

Down $259,324 (-63%) from 2022

Net Income

Down

-$59,518

Down $18,738 (-46%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2020: $105,296Liabilities 2020: $96,828Net Assets 2020: $8,4682020Assets 2021: $98,732Liabilities 2021: $22,627Net Assets 2021: $76,1052021Assets 2022: $57,952Liabilities 2022: $192Net Assets 2022: $57,7602022Assets 2023: $3Liabilities 2023: $1,761Net Assets 2023: -$1,7582023

Highlighted filing

2023

Assets$3
Liabilities$1,761
Net Assets-$1,758

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $297,191Expenses 2020: $288,723Net Income 2020: $8,4682020Revenue 2021: $377,691Expenses 2021: $310,054Net Income 2021: $67,6372021Revenue 2022: $373,901Expenses 2022: $414,681Net Income 2022: -$40,7802022Revenue 2023: $95,839Expenses 2023: $155,357Net Income 2023: -$59,5182023

Highlighted filing

2023

Revenue$95,839
Expenses$155,357
Net Income-$59,518

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$95,839
Mission and Program Overview

Mission

The purpose of project azul inc is to provide individuals with the flexible training and financial assistance needed to transition from unemployment or underemployment into full-time positions offering higher wages, access to benefits, and a pathway to career advancement

Program Services

DescriptionGrantsExpenses
PROVIDE INDIVIDUALS WITH THE FLEXIBLE TRAINING AND FINANCIAL ASSISTANCE NEEDED TO TRANSITION FROM UNEMPLOYMENT OR UNDEREMPLOYMENT INTO FULL-TIME POSITIONS OFFERING HIGHER WAGES, ACCESS TO BENEFITS, AND A PATHWAY TO CAREER ADVANCEMENT$95,000$61,747
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACKIE MORALESPresidentPT$0--
TIERA HOLLANQUESTSecretaryPT$0--
TIM BROWNBoard Member-$0--
TOM MORALESBoard Member-$0--
SETH MORALESBoard Member-$0--
JORDAN RODRIGUEZBoard Member-$0--
BERENICE LOPEZBoard Member-$0--
CONSUELO LOCKHARTExecutive DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Project Azul Inc
EIN
84-3859092
Phone
3174727599
Address
1936 S LYNHURST DR STE R, INDIANAPOLIS, IN 46241

Signing Officer

Name
Consuelo Lockhart
Title
Executive Director
Phone
3175013588
Signed
2024-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Whitinger & Company LLC
Address
10735 SKY PRAIRIE STREET SUITE 100, FISHERS, IN 46038
Preparer
Lauren Dickson CPA
Phone
3178416009
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: participant training & stipends. Amount: 4,989. Description: contract services. Amount: 65,292. Description: legal & professional fees. Amount: 1,706. Description: supplies. Amount: 156. Description: meeting expenses. Amount: 860. Description: insurance. Amount: 1,761. Description: dues & subscriptions. Amount: 165. Description: staff development. Amount: 15. Description: outside computer services. Amount: 3,587. Description: other expenditures. Amount: 518. Total to form 990-ez, line 16: 79,049.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 192. End of year amount: 1,761.

Raw XML Appendix169 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PARTICIPANT TRAINING & STIPENDS. AMOUNT: 4,989. DESCRIPTION: CONTRACT SERVICES. AMOUNT: 65,292. DESCRIPTION: LEGAL & PROFESSIONAL FEES. AMOUNT: 1,706. DESCRIPTION: SUPPLIES. AMOUNT: 156. DESCRIPTION: MEETING EXPENSES. AMOUNT: 860. DESCRIPTION: INSURANCE. AMOUNT: 1,761. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 165. DESCRIPTION: STAFF DEVELOPMENT. AMOUNT: 15. DESCRIPTION: OUTSIDE COMPUTER SERVICES. AMOUNT: 3,587. DESCRIPTION: OTHER EXPENDITURES. AMOUNT: 518. TOTAL TO FORM 990-EZ, LINE 16: 79,049.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 192. END OF YEAR AMOUNT: 1,761.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
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ReturnHeader/ReturnTs02024-11-14T11:42:39-06:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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