Recreation & Sports
(N70)
990 on File
PROJECT 2024 INC
Financial strength (30%)
71/100
Reliability (20%)
45/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$94K
Total Revenue
$48K
Total Expenses
$52K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
13.14x
Liability-to-Asset
0.0%
Revenue Diversification
94.2%
Compared with Peers
FY 2023
Compared with 12,281 similar organizations
(United States, Recreation & Sports, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 91.8% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 3.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.1 mo | 10.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.2% | 85.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
1256.8% | 4.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-24.3% | 6.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
49.3% | 8.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $94K | $48K | $52K | 100.0% | 0 |
| 2022 | $7K | $63K | $6K | 100.0% | 0 |
| 2021 | $111K | $35K | N/A | — | 0 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.