Co-Passion Project Inc

Nonprofit profile at a glance

EIN
874584313
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Warsaw, IN, USA
Phone
7867781014
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$106,753
Expenses
$142,769
Assets
$60,284
Liabilities
$2,635

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Timothy Early (Co-Chair)
  • Michael Pahl (Co-Chair)
  • Howard Morgan (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster and equip a culture of giving in the workplace by collaborating with mission-minded employers and showcasing the positive change generosity brings to our community.

What it reported doing in 2024

To act as a conduit to bridge the gap between donors and non-profits through Co-Passion's website portal. We are creating a culture of generosity by partnering mission minded employers with Non-Profit organizations. Co-Passion Project administers all the donations from the employers charitable payroll deductions via our website portable.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.5%; rating input score 45
  • Program expense ratio: 33.3%; rating input score 33

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -33.7%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 7.8%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 84.5% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 20% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: -4.1% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 44.5% of revenue deployed · 33.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $48K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 33/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.