Project Home Indy Co
Nonprofit profile at a glance
- EIN
- 205045345
- IRS 990 coverage
- 2012–2021
- Forms available
- Form 990 2021, Form 990-EZ 2011
- Location
- Indianapolis, IN, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $60
- Expenses
- $153,912
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- AIMEE KANDRAC (PRESIDENT)
People named in this filing
- MELISSA CLARK (SECRETARY)
- DAX DENTON (VICE PRESIDE)
- BRAD HARTZ (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Project home indy, co. (phi) provides a nurturing residential environment to teenage women who are pregnant or parenting and have been subjected to unstable living conditions. Located in indianapolis, phi is committed to using a holistic and culturally sensitive approach to offer programs and activities in areas of life skills, education, and healthcare. Programs are offered internally or through community partnerships in order to promote self-sufficiency of their residents. Phi has the following core goals: increase completion of high school or ged, increase enrollment in technical/post secondary education, increase employability and employment opportunities, increase healthy parenting and life skills, increase access to pediatric and maternal health care, prevent repeat teen pregnancy, transition successfully to independent living, and decrease dependency on public assistance programs.
What it reported doing in 2021
Project home indy, inc. (phi) supports teen mothers' needs for a safe and healthy environment to encourage individual and family success. Unlike the more common maternity home model, phi provides a long-term residential environment where program opportunities are structured based on a person- centered case management framework. Phi's program aims to break the cycle of poverty. In addition to extended-stay residential services in a safe, structured and supportive environment, phi offers each teen a comprehensive assessment designed to determine the appropriate type and intensity of services needed for her.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 85
- Accountability: 82
- Sustainability: 8
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.3%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 88.4%; rating input score 88; 57th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -256,420%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: -7.1% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.3% of spending went to programs
- Governance: 12 of 12 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $141K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants
- Filing history: 10 filing years from 2012 to 2021
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 6 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 — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Operating margin scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.