Project Live Xii Inc
Nonprofit profile at a glance
- EIN
- 223827327
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Newark, NJ, USA
- Phone
- 9734811211
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Residential Care & Adult Day Programs
Reported finances
- Revenue
- $26,992
- Expenses
- $30,052
- Assets
- $133,122
- Liabilities
- $30,486
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- NORA BARRETT LCSW (VICE PRESIDENT)
- NICHOLAS VASILOPOULOS PHD (PRESIDENT)
- ROSS CROESSMANN (EXECUTIVE DIRECTOR)
People named in this filing
- NORA BARRETT LCSW (VICE PRESIDENT)
- REVEREND ELDER KEVIN E TAYLOR (MEMBER)
- ZAKIA CLAY DSW LCSW CPRP (MEMBER)
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
Organization provides housing under a group home setting for three chronically mentally ill individuals.
What it reported doing in 2024
To provide housing and rehabilitative services for mentally ill adults.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - 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: 59
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.5%; rating input score 59
- Program expense ratio: 57.7%; rating input score 58
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -11.3%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 4.43; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -5.3% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: 58.5% of revenue deployed · 57.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.