Civic Intelligence

Project Go Inc.

990 • Fiscal year 2018 • EIN 94-2540268

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 24, 2019

801 Vernon StreetRoseville, CA 95678

(916) 782-3443

Siviq Scores

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

Liabilities / Assets

58th percentile

0.15x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.16x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

90th percentile

$202,624

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

59th percentile

3.6%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

1.7%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,070,582

Up $143,076 (+3.6%) from 2017

Net Assets

Up

$3,461,613

Up $115,262 (+3.4%) from 2017

Liabilities

Up

$608,969

Up $27,814 (+4.8%) from 2017

Revenue

Up

$3,851,882

Up $64,050 (+1.7%) from 2017

Expenses

Down

$3,736,620

Down $195,892 (-5.0%) from 2017

Net Income

Up

$115,262

Up $259,942 (+180%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,181,164Liabilities 2011: $536,634Net Assets 2011: $4,644,5302011Assets 2012: $5,092,716Liabilities 2012: $470,045Net Assets 2012: $4,622,6712012Assets 2013: $4,783,614Liabilities 2013: $342,562Net Assets 2013: $4,441,0522013Assets 2014: $4,474,803Liabilities 2014: $477,880Net Assets 2014: $3,996,9232014Assets 2015: $4,374,558Liabilities 2015: $418,805Net Assets 2015: $3,955,7532015Assets 2016: $4,100,971Liabilities 2016: $609,940Net Assets 2016: $3,491,0312016Assets 2017: $3,927,506Liabilities 2017: $581,155Net Assets 2017: $3,346,3512017Assets 2018: $4,070,582Liabilities 2018: $608,969Net Assets 2018: $3,461,6132018Assets 2019: $4,347,974Liabilities 2019: $711,083Net Assets 2019: $3,636,8912019Assets 2020: $5,127,506Liabilities 2020: $679,311Net Assets 2020: $4,448,1952020Assets 2021: $5,145,423Liabilities 2021: $474,535Net Assets 2021: $4,670,8882021Assets 2022: $5,687,146Liabilities 2022: $459,894Net Assets 2022: $5,227,2522022Assets 2023: $6,029,714Liabilities 2023: $252,206Net Assets 2023: $5,777,5082023Assets 2024: $7,063,183Liabilities 2024: $751,059Net Assets 2024: $6,312,1242024

Highlighted filing

2018

Assets$4,070,582
Liabilities$608,969
Net Assets$3,461,613

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,583,342Expenses 2011: $2,466,384Net Income 2011: $116,9582011Expenses 2012: $2,459,8402012Revenue 2013: $2,926,547Expenses 2013: $3,083,283Net Income 2013: -$156,7362013Revenue 2014: $3,303,354Expenses 2014: $3,752,605Net Income 2014: -$449,2512014Revenue 2015: $3,796,742Expenses 2015: $3,836,225Net Income 2015: -$39,4832015Revenue 2016: $4,561,261Expenses 2016: $5,025,983Net Income 2016: -$464,7222016Revenue 2017: $3,787,832Expenses 2017: $3,932,512Net Income 2017: -$144,6802017Revenue 2018: $3,851,882Expenses 2018: $3,736,620Net Income 2018: $115,2622018Revenue 2019: $3,904,484Expenses 2019: $3,757,089Net Income 2019: $147,3952019Revenue 2020: $4,611,941Expenses 2020: $3,800,637Net Income 2020: $811,3042020Revenue 2021: $4,371,160Expenses 2021: $4,148,467Net Income 2021: $222,6932021Revenue 2022: $6,244,410Expenses 2022: $5,688,046Net Income 2022: $556,3642022Revenue 2023: $5,481,275Expenses 2023: $4,931,019Net Income 2023: $550,2562023Revenue 2024: $5,085,268Expenses 2024: $4,550,652Net Income 2024: $534,6162024

Highlighted filing

2018

Revenue$3,851,882
Expenses$3,736,620
Net Income$115,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 24, 2019
Return Version
2018v3.1
Gross Receipts
$3,851,882
Mission and Program Overview

Mission

Project GO, Inc. is a 501(C) (3) Community Action Agency that advocates for, and enhances the quality of life for low to moderate income and at-risk families and seniors.To accomplish this, we:Develop, build and manage affordable housingImprove home energy conservationProvide emergency energy assistanceEmpower people at risk and in poverty to become self-sufficient

Project GO, Inc. was founded on a vision of assisting low-income residents in the area of energy conservation in 1978, and is at the forefront of the affordable housing crisis in our communities, having provided decent affordable housing since 1995.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,655,391$1,500,000▼ $155,391
Cash and Non-Interest-Bearing Accounts$800,385$1,159,231▲ $358,846
Accounts Receivable$370,926$429,938▲ $59,012
Investments in Publicly Traded Securities$410,409$398,629▼ $11,780
Land, Buildings, and Equipment, Net$300,525$315,539▲ $15,014
Inventories for Sale or Use$266,731$198,678▼ $68,053
Prepaid Expenses and Deferred Charges$45,970$44,219▼ $1,751
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$3,927,506$4,070,582▲ $143,076
Other Assets Total$77,169$24,348▼ $52,821
Liabilities
Deferred Revenue$291,887$281,945▼ $9,942
Accounts Payable and Accrued Expenses$187,895$237,117▲ $49,222
Mortgage Notes Payable Secured by Investment Property$101,373$89,907▼ $11,466
Total Liabilities$581,155$608,969▲ $27,814
Net Assets / Fund Balance
Unrestricted Net Assets$3,346,351$3,461,613▲ $115,262
Total Net Assets Fund Balance$3,346,351$3,461,613▲ $115,262
Total Liabilities and Net Assets / Fund Balance$3,927,506$4,070,582▲ $143,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,423$424,651$443,074
Leasehold Improvements$147,122$195,106$342,228
Buildings$92,994$126,406$219,400
Land$57,000-$57,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer DurbinEnrgy Prgm DirectorFT$190,248$30,068$202,624
Lynda J TimbersExecutive DirecFT$157,951$12,376$175,643
Mark SheppardHsg Prog DirectorFT$134,678$12,376$147,054
Lillian DurbinOperations DirectorFT$122,164$9,306$131,470
David HaysEnrgy Prgm CoodFT$110,559$12,376$122,935

Board Members and Trustees

NameTitle
Spencer ShortPresident
Tiffany WalkerVice President
Bess TurrellBoard Member
Kenneth MarlowBoard Member
Kim DouglassBoard Member
Marcy SchmidtBoard Member
Scott MizeBoard Member
Steve GarlandBoard Member
William L DunbarBoard Member
Jennifer HamelinSecretary
Jennifer Hendricks BlackTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Clark & Rush Mechanicalcontract4411 Auburn Blvd, Sacramento, CA 95841$111,314
Revenue and Support

Revenue Composition

Contributions and Grants
$2,753,052
Program Service Revenue
$1,110,455
Investment Income
$-11,625
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$115,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,999,859
Salaries, Compensation, and Employee Benefits$1,556,761
Grants and Similar Amounts Paid$180,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,015,350$11,557-$1,026,907
Fees for Services Other$366,108$1,447-$367,555
Current Officers, Directors, Trustees, and Key Employees$284,290$22,823-$307,113
Grants to Domestic Orgs$180,000--$180,000
Insurance$170,169$1,711-$171,880
Fees for Services Legal$101,395$740-$102,135
Payroll Taxes$94,253$2,250-$96,503
All Other Expenses$88,805$5,457-$94,262
Occupancy$91,361$508-$91,869
Pension Plan Contributions$71,116$2,618-$73,734
Travel$62,839$143-$62,982
Other Employee Benefits$52,504--$52,504
Office Expenses$49,214$1,519-$50,733
Fees for Services Accounting$45,536$774-$46,310
Depreciation Depletion$13,477$20,590-$34,067
Other Expenses$31,971$713-$32,684
Fees for Services Management$13,946$693-$14,639
Conferences and Meetings$14,378--$14,378
Advertising$10,772$887-$11,659
Interest$5,401$279-$5,680
Total Functional Expenses$3,506,172$230,448$0$3,736,620
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stand up PlacrKings Beach, CA-Shelter for homeless$48,000
Advocates for Mentally Ill HoAuburn, CA-Housing for mentally ill homeless$33,000
Child AdvocatesSacramento, CA-Housing for homeless families$33,000
Placer Food BankRoseville, CA-To provide food for low-income$33,000
Sierra Senior ServicesTruckee, CA-HM delievered food for lowincome sr$33,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jennifer DurbinDaughter of FDEE of OrganizationNo$190,248
Mark SheppardMarried to EDEE of OrganizationNo$134,678
Lillian DurbinEmployeeInd. Contract QuickBookNo$103,769
Matthew TimbersSon of EDEE of OrganizationNo$92,567
Kirsten TimbersRelated to EDEE of OrganizationNo$78,966

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Lynda timbers, executive director is married to mark sheppard, housing program director, is the mother of matthew timbers, csbg program director, and is the mother-in-law of kirsten timbers, hr director.lillian durbin, fisacl director, is the mother of jennifer durbin, engery program director.

Form 990, Part VI, Line 11B: Form 990 Review Process

Each director receives the draft 990 for review. The Board approves the 990 and documents the approval in the board minutes. Once the Board approves the 990, the 990 is signed by the Executive Director and submitted to the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually the Board reviews the conflict of interest policy. Conflicts of interest are discussed during the board meeting.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Executive Director's compensation is reviewed and approved annually by the Board of Directors. Compensation for all other employees are derived according to the compensation study performed on a 4-5 year cycle. The Compensation study is conducted by the Personnel Committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, financial information and policies are available upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Project Go Inc
EIN
94-2540268
Phone
9167823443
Address
801 VERNON STREET, ROSEVILLE, CA 95678

Signing Officer

Name
Lynda Jean Timbers
Title
Executive Direc
Signed
2019-10-24
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
34

Preparer

Firm
MANN URRUTIA NELSON CPAs & ASSOC LLP
Address
2901 Douglas Blvd Suite 290, Roseville, CA 95661-3824
Preparer
Michelle O Nelson CPA
Phone
9167744208
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization qualifies for exemption from income taxes under provision Section 501 (c)(3) of the Internal Revenue Code, and similar provision of state income tax regulation. Accordingly, there is no provision for income taxes recorded in the consolidated financial statements. As required by the Income Tax Topic of FASB ASC 740, the Organization recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. The Organization does not believe its consolidated financial statements include any uncertain tax positions.

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IRS990/Desc0Energy & Weatherization Programs Staff insulates attics and doors; replace old windows, heaters, refrigerators and other appliances to ensure that homes stay energy efficient; and help clients pay their utility bills. In 2018, the following services were provided: - 560 low-income housing units received energy conservation retrofit, which resulted in a reduction of heating/cooling costs, a more comfortable living environment and a reduction of natural resources. - 3,226 low-income households received emergency crisis intervention & home energy assistance payments, which resulted in defraying heating/cooling costs, and avoiding utility shut offs for services. - 4,015 low-income applications were processed with 3,226 receiving services. - 57 inefficient refrigerators were replaced; 47 dangerous combustion appliances were repaired or replaced; and 2 cook stoves were replaced which resulted in reducing energy consumption and eliminating health concerns for residents.
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IRS990/Form990PartVIISectionAGrp/PersonNm4William L Dunbar
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IRS990/Form990PartVIISectionAGrp/PersonNm6Spencer Short
IRS990/Form990PartVIISectionAGrp/PersonNm7Kim Douglass
IRS990/Form990PartVIISectionAGrp/PersonNm8Marcy Schmidt
IRS990/Form990PartVIISectionAGrp/PersonNm9Kenneth Marlow
IRS990/Form990PartVIISectionAGrp/PersonNm10Jennifer Hamelin
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IRS990/Form990PartVIISectionAGrp/PersonNm12Lillian Durbin
IRS990/Form990PartVIISectionAGrp/PersonNm13JENNIFER DURBIN
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK SHEPPARD
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IRS990/MissionDesc0Project GO, Inc. is a 501(C) (3) Community Action Agency that advocates for, and enhances the quality of life for low to moderate income and at-risk families and seniors.To accomplish this, we:Develop, build and manage affordable housingImprove home energy conservationProvide emergency energy assistanceEmpower people at risk and in poverty to become self-sufficient
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IRS990/OtherExpensesGrp/Desc3telephone
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IRS990/ProgramServiceRevenueGrp/Desc2MGMT FEES - HSNG PROJ
IRS990/ProgramServiceRevenueGrp/Desc3PARTNERSHIP/HOUSING PROJ
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1452304
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IRS990/ProgSrvcAccomActy2Grp/Desc0HousingOver 558 low-income individuals, families, and seniors were provided with decent, affordable shelter in our apartment communities in 2018, with an average occupancy of 96.89%. Project GO, Inc. Housing Staff are successfully managing our five apartment communities, and housed over 12,350 tenants since 1998.Collaborations with other organizations that provide assistance to Homeless resulted in stabilized housing for 28 households. Collaborative efforts continue between PGI Housing staff and the staff of Advocates for Mentally Ill Housing (AMIH), Placer Adult System of Care (ASOC), the Roseville Housing Authority, and the Veterans Administration. In 2018, the Veterans program resulted in nineteen rent subsidies in the amount of $8,654 per month in three of our five apartment communities. The success of these collaborations does not stop with "just" providing housing. These collaborations include continued communications between agency staff, housing management, and our mutual clients - the tenants. The mere definition of "a hand up" concludes that the hand cannot be jerked away, or the client will fall. Therefore, the "hand up" must remain steadfast through the learning curve that most of these formerly homeless individuals need to be successful. The staff of AMIH, Placer ASOC, the Roseville Housing Authority, the Veterans Administration, Home Start, etc. are on "constant call" as needed when/if direction/education/intervention is needed - all with the intent of keeping folks in place and making sure that they are successful.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0339679
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0579302
IRS990/ProgSrvcAccomActy3Grp/Desc0Community Services Block Grant (CSBG) Program The Community Services Block Grant Program helps the extremely low-income population reach self-sufficiency. In 2018, the CSBG Program funding assisted with: - Over 12,000 individuals in receiving supportive services. - Over 200 seniors to maintain independent living. - 980,000 million pounds of food distribution to those meeting the federal poverty guidelines. - 5,000 rides to shelters, medical and other services. - 300 families maintaining safe and affordable housing.Driven by the mission of the promise to advocate for and enhance the lives of low-income and at-risk families and seniors, Project GO, Inc. has improved over 40,000 Placer and Nevada County residences through the Weatherization Assistance Program since its' inception in 1978.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0371751
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.06$0.75$6.31$5.09$4.55$0.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.03$0.25$5.78$5.48$4.93$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$0.46$5.23$6.24$5.69$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$0.47$4.67$4.37$4.15$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.68$4.45$4.61$3.80$0.81
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$0.71$3.64$3.90$3.76$0.15
2018Detailed filing. Detailed filing data is available for this year.$4.07$0.61$3.46$3.85$3.74$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$0.58$3.35$3.79$3.93$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$0.61$3.49$4.56$5.03$0.46
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.42$3.96$3.80$3.84$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.47$0.48$4.00$3.30$3.75$0.45
2013Detailed filing. Detailed filing data is available for this year.$4.78$0.34$4.44$2.93$3.08$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.09$0.47$4.62$2.46
2011Summary only. Only limited summary data is available for this year.$5.18$0.54$4.64$2.58$2.47$0.12