Civic Intelligence

Project Guardianship Inc.

990 • Fiscal year 2023 • EIN 84-5004265

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 09, 2024

PO Box 2-5106Brooklyn, NY 11202

(347) 296-1874

Siviq Scores

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

Liabilities / Assets

89th percentile

0.84x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

2.36x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

33rd percentile

-1.3%

Higher net margin than 33% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

70th percentile

$251,101

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

98th percentile

212%

Faster asset growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$10,826,342

Flat from 2023

Net Assets

Flat

$1,764,727

Flat from 2023

Liabilities

Flat

$9,061,615

Flat from 2023

Revenue

Flat

$3,847,574

Flat from 2023

Expenses

Flat

$3,898,831

Flat from 2023

Net Income

Flat

-$51,257

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2020: $1,056,433Liabilities 2020: $176,907Net Assets 2020: $879,5262020Assets 2021: $2,429,381Liabilities 2021: $999,382Net Assets 2021: $1,429,9992021Assets 2022: $3,466,486Liabilities 2022: $1,650,502Net Assets 2022: $1,815,9842022Assets 2023: $10,826,342Liabilities 2023: $9,061,615Net Assets 2023: $1,764,7272023Assets 2023: $10,826,342Liabilities 2023: $9,061,615Net Assets 2023: $1,764,7272023Assets 2024: $17,083,439Liabilities 2024: $15,026,032Net Assets 2024: $2,057,4072024

Highlighted filing

2023

Assets$10,826,342
Liabilities$9,061,615
Net Assets$1,764,727

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $458,963Expenses 2020: $531,797Net Income 2020: -$72,8342020Revenue 2021: $2,842,460Expenses 2021: $2,291,987Net Income 2021: $550,4732021Revenue 2022: $3,192,949Expenses 2022: $2,756,964Net Income 2022: $435,9852022Revenue 2023: $3,847,574Expenses 2023: $3,898,831Net Income 2023: -$51,2572023Revenue 2023: $3,847,574Expenses 2023: $3,898,831Net Income 2023: -$51,2572023Revenue 2024: $4,995,350Expenses 2024: $4,702,670Net Income 2024: $292,6802024

Highlighted filing

2023

Revenue$3,847,574
Expenses$3,898,831
Net Income-$51,257
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 9, 2024
Return Version
2023v5.1
Gross Receipts
$3,847,574
Mission and Program Overview

Mission

To provide person-centered care for older adults and individuals living with disabilities and mental illness who need help making decisions. We also transform the systems that support them to ensure safety, promote independence, preserve dignity, and advance racial and social justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,443,788$2,394,611▲ $950,823
Cash and Non-Interest-Bearing Accounts$492,282$476,563▼ $15,719
Land, Buildings, and Equipment, Net$0$62,661▲ $62,661
Prepaid Expenses and Deferred Charges$34,243$39,965▲ $5,722
Total Assets$3,466,486$10,826,342▲ $7,359,856
Other Assets Total$1,496,173$7,852,542▲ $6,356,369
Liabilities
Escrow Account Liability$1,280,933$6,746,599▲ $5,465,666
Other Liabilities$0$832,615▲ $832,615
Deferred Revenue$150,000$631,250▲ $481,250
Mortgage Notes Payable Secured by Investment Property$0$400,000▲ $400,000
Accounts Payable and Accrued Expenses$219,569$308,037▲ $88,468
Grants Payable$0$143,114▲ $143,114
Total Liabilities$1,650,502$9,061,615▲ $7,411,113
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,371,819$1,518,793▲ $146,974
Net Assets With Donor Restrictions$444,165$245,934▼ $198,231
Total Net Assets Fund Balance$1,815,984$1,764,727▼ $51,257
Total Liabilities and Net Assets / Fund Balance$3,466,486$10,826,342▲ $7,359,856

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,661$2,161$64,822
Other Assets Org$10,346--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly GeorgePresident and CEOFT$199,423$11,208$210,631
Gillian AlmanChief Program OfficerFT$150,000$6,680$156,680
Deena SchwartzDirector of Nys Guardianship ServicesFT$110,184$33,648$143,832
Carlos RiveraDirector of FinanceFT$114,363$22,990$137,353
Azaleea CarleaDirector of Policy and AdvocacyFT$114,918$6,524$121,442

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,796,663
Program Service Revenue
$50,911
Investment Income
$0
Other Revenue
$0
All Other Contributions
$569,883
Change in Net Assets
$-51,257

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,847,574
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$263,733
Total Revenue per Audited Statements
$4,111,307
Total Revenue per Form 990
$3,847,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,025,786
Other Expenses$729,931
Total Fundraising Expense$168,383
Grants and Similar Amounts Paid$143,114
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,991,008$30,120$89,192$2,110,320
Fees for Services Other$290,152$38,811$24,732$353,695
Current Officers, Directors, Trustees, and Key Employees$204,666$122,254$21,063$347,983
Other Employee Benefits$235,393$12,048$12,459$259,900
Payroll Taxes$221,422$14,625$11,109$247,156
Grants to Domestic Orgs$143,114--$143,114
Information Technology$43,613$68,701$3,718$116,032
Occupancy$59,801$3,764$2,941$66,506
Pension Plan Contributions$58,255-$2,172$60,427
Office Expenses$46,955$10,518$900$58,373
Insurance-$39,936-$39,936
Fees for Services Lobbying-$28,800-$28,800
Fees for Services Accounting-$23,302-$23,302
Travel$12,542--$12,542
Other Expenses$2,569$3,266-$5,835
Conferences and Meetings$2,720--$2,720
Fees for Services Legal-$2,200-$2,200
Depreciation Depletion$1,936$128$97$2,161
Interest-$2,089-$2,089
Total Functional Expenses$3,329,886$400,562$168,383$3,898,831

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,162,564
Expenses per Audited Statements$3,898,831
Total Expenses per Form 990$3,898,831
Expenses Not Reported on Form 990$263,733
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lifespan of Greater Rochester IncRochester, NY501(c)(3)Guardianship Services$80,000
Center for Elder Law & Justice IncBuffalo, NY501(c)(3)General Support$63,114
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Payable$832,615
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has a sole member, the vera institute of justice, inc.

Form 990, Part VI, Section A, Line 7A

The sole member has the power to elect or appoint all members of the organization's board of trustees.

Form 990, Part VI, Section A, Line 7B

The decision to amend article ii or article x of the bylaws is reserved to the organization's sole member.

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

The organization has its form 990 prepared by an outside accounting firm. It is reviewed and approved by the finance and audit committee prior to filing. It is distributed to all members of the organization's board of trustees.

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

The organization has a written conflict of interest policy which applies to its officers, trustees, and key employees. Such persons are required to disclose annually, and as they may arise, any interest that could give rise to a conflict. Disclosures are reviewed by the organization's board of directors who makes the determination as to whether the transaction involves a substantial financial interest and whether to approve the transaction. The interested person must abstain from the discussion and vote on the transaction, agreement or arrangement.

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

The executive committee of the board of directors determines the compensation of the president and ceo on an annual basis. The committee, which is comprised of independent persons, reviews comparability data from comparable nonprofit organizations and the nonprofit new york compensation survey. The compensation is approved by the executive committee, and the deliberation and decision are contemporaneously documented. The process was last undertaken in 2023. The director of finance's compensation is approved by the president & ceo each year after a comprehensive performance review process. This process was last undertaken for all employees in 2023. Comparability data is used from the 990s and job postings of other nonprofits and the nonprofit new york compensation survey published every year.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. In addition, the financial statements, conflict of interest policy, articles of incorporation, and by-laws are also available upon written request or by calling the organization directly.

Filing and Contact Details

Filer

Filer Name
Project Guardianship Inc
EIN
84-5004265
Phone
3472961874
Address
PO BOX 2-5106, BROOKLYN, NY 11202

Signing Officer

Name
Kimberly George
Title
President and CEO
Phone
3472961874
Signed
2024-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly George
Formed
2020
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
43
Volunteers
14

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
245 PARK AVENUE 12TH FLOOR, NEW YORK, NY 10167
Preparer
Eva Mruk
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a finance and audit committee that assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART IV, LINE 1B:

Cash balances are held by the organization on behalf of guardianship services clients, who are older adults and people with disabilities in new york city who have been determined by the court to be unable to care for themselves. The organization's administration of these assets is limited to certain appointed tasks as outlined in court order and judgment.

PART X, LINE 2:

Pg recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that pg had no uncertain tax positions that would require financial statement recognition or disclosure. Pg is no longer subject to examinations by the applicable taxing jurisdictions for years prior to december 31, 2020.

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IRS990/Desc0GUARDIANSHIP SERVICES: THE ORGANIZATION EMPLOYED A MULTIDISCIPLINARY TEAM MODEL TO PROVIDE DIRECT GUARDIANSHIP SERVICES TO A POPULATION OF OLDER ADULTS AND PEOPLE LIVING WITH DISABILITIES AND MENTAL ILLNESS WHO NEED HELP MAKING DECISIONS, HAVE NO FAMILY OR FRIENDS TO FILL THE ROLE, AND LARGELY HAVE VERY LOW INCOMES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF PROGRAM OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF POLICY AND ADVOCACY
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF NYS GUARDIANSHIP SERVICES
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO PROVIDE PERSON-CENTERED CARE FOR OLDER ADULTS AND INDIVIDUALS LIVING WITH DISABILITIES AND MENTAL ILLNESS WHO NEED HELP MAKING DECISIONS. WE ALSO TRANSFORM THE SYSTEMS THAT SUPPORT THEM TO ENSURE SAFETY, PROMOTE INDEPENDENCE, PRESERVE DIGNITY, AND ADVANCE RACIAL AND SOCIAL JUSTICE.
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IRS990/NetAssetsOrFundBalancesEOYAmt01764727
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OfficeExpensesGrp/TotalAmt058373
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IRS990/OtherExpensesGrp/Desc0STAFF TRAINING
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
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IRS990/ProgramServiceRevenueGrp/Desc0TECHNICAL ASST. FEES
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt050911
IRS990/ProgSrvcAccomActy2Grp/Desc0TRAINING AND EDUCATION: PROJECT GUARDIANSHIP PROVIDED TRAINING AND EDUCATION ON GUARDIANSHIP NEEDS AND BEST PRACTICES AND ITS ALTERNATIVES FOR FAMILIES, CAREGIVERS, LEGISLATORS, HUMAN SERVICES PROVIDERS, AND HEALTHCARE AGENCIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ADVOCACY, AWARENESS, AND ALLIANCES: PROJECT GUARDIANSHIP INCREASED AWARENESS ABOUT GUARDIANSHIP AMONG ELECTED OFFICIALS AND THE PUBLIC, BUILT PARTNERSHIPS TO DRIVE REFORM AND BETTER SERVICES FOR OLDER ADULT NEW YORKERS AND NEW YORKERS LIVING WITH DISABILITIES AND MENTAL ILLNESS, AND ADVOCATED FOR A BETTER GUARDIANSHIP SYSTEM AND SOCIAL SERVICES SAFETY NET.
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IRS990/PYOtherExpensesAmt0426756
IRS990/PYOtherRevenueAmt0329
IRS990/PYProgramServiceRevenueAmt0116205
IRS990/PYRevenuesLessExpensesAmt0435985
IRS990/PYSalariesCompEmpBnftPaidAmt02330208
IRS990/PYTotalExpensesAmt02756964
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03192949
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-51257
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/RelatedOrganizationsAmt0500
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IRS990/ReportOtherAssetsInd01
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2021 AMOUNT: $ 620. 2022 AMOUNT: $ 329.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION IS REPORTING A SHORT YEAR FOR ITS INITIAL YEAR STARTING JANUARY 28, 2020.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:

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