Project Guardianship Inc

Nonprofit profile at a glance

EIN
845004265
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Brooklyn, NY, USA
Phone
3472961874
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$4,995,350
Expenses
$4,702,670
Assets
$17,083,439
Liabilities
$15,026,032

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

Leadership & pay

18 people listed

Executive titles in this filing

  • KIMBERLY GEORGE (PRESIDENT AND CEO)

Highest reported compensation

  • KIMBERLY GEORGE (PRESIDENT AND CEO): $233,000 total reported compensation
  • CARLOS RIVERA (CHIEF FINANCIAL OFFICER): $190,492 total reported compensation
  • BRIANNA MCKINNEY (CHIEF ADVANCEMENT OFFICER): $184,066 total reported compensation

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

Overview

Mission

To provide person-centered care for older adults and individuals living with disabilities and mental illness who need help making decisions. We also transform the systems that support them to ensure safety, promote independence, preserve dignity, and advance racial and social justice.

What it reported doing in 2024

Person-centered guardianship: through direct service, training and education, and research and development, project guardianship brings person-centered guardianship to those who need it. This includes employing a multidisciplinary team model to provide guardianship services to a population of older adults and people living with disabilities and mental illness who need help making decisions, have no family or friends to fill the role, and largely have very low incomes.

Operating model

Revenue model
Grant-funded. 82% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 86% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.3%; rating input score 81
  • Program expense ratio: 86.3%; rating input score 86
  • Fundraising efficiency: $20.73 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • 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: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 5.9%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 3.63; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.88; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 16.1%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 36.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 32.9% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 58% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 81.3% of revenue deployed · 86.3% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4.1M in reported program spending
  • Leadership: top reported pay $233K · 18 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 8 filed related-organization links
  • 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 — Sustainability: Operating margin scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.