Project 1615 Inc

Nonprofit profile at a glance

EIN
320033286
IRS 990-EZ coverage
2010–2017
Forms available
Form 990-EZ 2017
Location
Santa Rosa Beach, FL, USA
Phone
8505024641
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$47,324
Expenses
$47,420
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • THERESA BERRY (President)
  • BEN KNEESHAW (Vice President)

People named in this filing

  • THERESA BERRY (President)
  • LARRY MARSHALL (Trustee)
  • BEN KNEESHAW (Vice President)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Proclaim the gospel of jesus christ.

What it reported doing in 2017

For the last 15 years this organization has pursued our established purpose with great enthusiasm and unrelenting effort. In our final year, 2017, this passion and determination never wavered through the end. We closed out our work in Central Asia by empowering those we had trained to take up the cause, and we redistributed all available resources to likeminded organizations. This 501 has served its purpose and completed its design. Now we pass the baton.

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
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. 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: 47
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.1%; rating input score 47
  • Program expense ratio: 47%; rating input score 47

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.2%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -18.4% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -17.1% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -32.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 47.1% of revenue deployed · 47% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $22K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • 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 47/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.