Project Simeon 2K
Legal name: Project Simeon 2000
Nonprofit profile at a glance
- EIN
- 363877991
- IRS 990 coverage
- 2023–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Chicago, IL, US
- Phone
- 773-488-0045
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $489,862
- Expenses
- $538,609
- Assets
- $865,605
- Liabilities
- $842,411
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- JOHN MICHAEL JOHNSON SR (CEO)
Highest reported compensation
- JOHN MICHAEL JOHNSON SR (CEO): $160,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of 'The Blue Machine' is to illustrate the story of Coach Alvin R. Scott's legacy, at Simeon Vocational High School, presently known as Simeon Career Academy by demonstrating his leadership and dedication to his Scholar Athletes.
What it reported doing in 2024
Dedicated to linking what is being taught to students with what is needed by industries.
Operating model
- Revenue model
- Grant-funded. 82% of the money available for current operations came from government grants.
- 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 - 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: 66
- Transparency & Controls: 63
- Accountability: 0
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.9%; rating input score 77
- Program expense ratio: 70%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 70%; rating input score 70; 0th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 0 of 8 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -10%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.61; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.97; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 29.7%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 43.5% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 49.2% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 73.9% per year; rating input score 100; 98th percentile among comparable filings
Details
- What they do: 15 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 76.9% of revenue deployed · 70% of spending went to programs
- Governance: 0 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $331K in reported program spending
- Leadership: top reported pay $160K · 1 people listed
- Consistency: 18 of 21 current checks pass · 3 findings to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Accountability: Governance controls: 7 of 7 not reported.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX DepreciationDepletion column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 11/100.