Project GO, Inc.

What it reported doing in 2024

Improve Home Energy Conservation: PGI Weatherization Services play a critical role in helping our low-income clients to reduce their energy burden. The staff of our Energy Program work year-round to insulate attics and doors, replace old windows, heaters, water heaters refrigerators and other appliances, and install other conservation measures to ensure that homes stay energy efficient and energy affordable. The installation of these measures had multiple impacts, including the reduction of heating/cooling costs, a safer and more comfortable living environment, and a reduction in the natural resources wasted. PGI staff have estimated that we have installed energy saving measures on the residences of over 50,000 low-income residents of Placer and Nevada county since our inception.In addition to installing Attic and Floor Insulation and Venting, our Weatherization Crews install: Door Weatherstripping, New Doors, New Windows, Caulking, Low-flow Water Devices, Energy Efficient Lighting, Ceiling Fans, Mechanical Ventilation, Storm Windows, and we have replaced defective , obsolete, inefficient, dangerous appliances. In the past thirteen years, our Weatherization Crews have repaired, replaced and recycled (environmentally correct disposal) over: 1,401 Refrigerators, over 1,203 Combustion Appliances (HVAC, Water Heaters, etc.),405 Washing Machines and 305 Cook Stoves. These dangerous appliances could potentially create health and safety problems for our clients. Some were discharging harmful carbon monoxide poisoning the residents, which could have led to serious health issues had they not been replaced. The demand for appliance replacement has grown substantially each year as the housing stock that is available for those of less income tends to be very old and obsolete and sometimes dangerous. Provide Emergency Energy Assistance: Through the Low-Income Home Energy Assistance Program (HEAP/LIHEAP), PGI staff provides assistance with the payment of utility bills (UA) to avoid utility disruption or future disruption. The LIHEAP program also allows PGI to purchase Propane, Firewood, and Oil for clients who heat their homes with those commodities. This program is available to income qualified persons who reside in Placer and Nevada Counties.In 2024, PGI Staff provided UA to over 7,871 low-income individuals, seniors and families, bringing our thirteen-year total to over 48,459 clients assisted. The UA Program helps to defray the high costs associated with heating and cooling residences and to avoid the disruption of heating/cooling service in the most critical times of the seasons. UA benefits range from $453. - $846. depending on the size and income level of the household. A maximum benefit (including a supplement) can be as high as $1,000. It is to be noted that 76% of the clientele that we served in 2024 were identified as vulnerable populations (i.e., elderly, handicapped, children under age 5). This shows that our funding is going where it truly matters! Through the Low-Income Home Water Assistance Program (LIHWAP), PGI Staff provided payment assistance to 1,413 low-income clients in Placer, Nevada, Sierra and Plumas counties, which gave us the opportunity to introduce ourselves to the various Water Providers in these counties. The LIHWAP program was difficult to administer due to some of the federal program requirements, but PGI staff did our best to get the word out, collaborate with the water agencies, and provide assistance as we could. The program was initially limited to delinquent balances only, which is problematic in our counties because of the policy to transfer past due water/sewer balances to tax bills on a quarterly basis. After much lobbying of CSD, beginning in January 2023, we were able to convince those Powers That Be to adopt a federal policy that allowed us to pay current bills, which opened the doors for those who needed some help, but did not have delinquencies to pay. There are many more barriers to successful

Financial Efficiency

• Mission deployment rate: 87.1%; rating input score 87
• Program expense ratio: 96.9%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 10.5%; rating input score 63; 63rd percentile among comparable filings
• Total-asset coverage ratio: 1.55; rating input score 53; 53rd percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 57; 57th percentile among comparable filings
• Officer compensation ratio: 37.9%; rating input score 3; 3rd percentile among comparable filings

Growth

• Program expense growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
• Revenue growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
• Asset growth: 3.2% per year; rating input score 100; 25th percentile among comparable filings