Project Match Inc

Nonprofit profile at a glance

EIN
541394045
IRS 990-EZ coverage
2009–2011
Forms available
Form 990-EZ 2011
Location
Washington, DC, USA
Phone
2024865326
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$14,400
Expenses
$14,400
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable and educational purpose with the principal objective of assistance, preparation, guidance and placement of students of color and deprived students from the Washington metropolitan area in boarding schools.

What it reported doing in 2011

Since 1980, Project Match has placed over 500 DC area students in 86 boarding schools around the country. Over 95% of Project Match graduates immediately enroll in college. Over 90% of Project Match students graduate from college in 5 years or less. Over 65% of Project Match graduates attend highly selective or selective colleges and universities. The five colleges most often attended by Project Match students are Brown University, University of Virginia, University of Pennsylvania, Howard University and Harvard University. Project Match students have received over $15,000,000 in financial aid from independent boarding schools.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - 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: 9
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 9.3%; rating input score 9
  • Program expense ratio: 9.3%; rating input score 9

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -84.5% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -74.3% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 9.3% of revenue deployed · 9.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2009 to 2011
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 9/100.
  • High — Financial Efficiency: Program expense ratio scored 9/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Sustainability: Operating margin scored 47/100.