Project Pneuma Inc

Nonprofit profile at a glance

EIN
473524536
IRS 990 coverage
2018–2023
Forms available
Form 990 2023
Location
Gwynn Oak, MD, USA
Phone
4104504400
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Reported finances

Revenue
$1,272,833
Expenses
$1,294,188
Assets
$215,136
Liabilities
$52,266

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DAMION COOPER (FOUNDER AND EXECUTIVE DIRECTOR)

Highest reported compensation

  • DAMION COOPER (FOUNDER AND EXECUTIVE DIRECTOR): $141,714 total reported compensation
  • CAROLYN MOZELL (CHIEF OPERATING OFFICER): $72,692 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To breathe new life holistically into the young men we serve by challenging them intellectually, strengthening them physically, nuturing them emotionally and uplifting them spiritually.

What it reported doing in 2023

School-year program: traditional programming for boys in grades 4-8 that focused on helping participants with their social-emotional growth and maturity via classroom activities, support with homework, martial arts, physical fitness, art therapy, sound therapy, conflict resolution, and public speaking. With the exception of one school, this programming took place after school on either monday and wednesdays or tuesday and thursdays. Each session lasts 3 hours.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 and most voting board members are independent. 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: 34
  • Transparency & Controls: 85
  • Accountability: 82
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.7%; rating input score 39
  • Program expense ratio: 38%; rating input score 38
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.7%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 16.6%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 24.2% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 18% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 38.7% of revenue deployed · 38% of spending went to programs
  • Governance: 10 of 10 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $492K in reported program spending
  • Leadership: top reported pay $142K · 12 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2018 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.