Project Apoyo Inc
Nonprofit profile at a glance
- EIN
- 823096216
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Memphis, TN, USA
- Phone
- 9012308674
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $83,428
- Expenses
- $51,638
- Assets
- $39,318
- Liabilities
- $1,081
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- TY NEW (PRESIDENT)
People named in this filing
- TY NEW (PRESIDENT)
- ALI NEW (EDUCATION DI)
- MELISSA BATEMAN (SECRETARY)
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
Established to improve the educational, nutritional and business opportunities in the gautemalan communities.
What it reported doing in 2024
The student sponsorship program, in collaboration with education for the children foundation, offers an integrated approach to breaking the cycle of poverty through education and empowerment for students and their families. This comprehensive approach includes nutrition, counseling, healthcare and social support projects, as well as sponsor/student relationship building through letters, photos and visits.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.9%; rating input score 59
- Program expense ratio: 95.1%; rating input score 95
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: 38.1%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 12.2% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 58.9% of revenue deployed · 95.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $49K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.