Project Transformation Dc
Nonprofit profile at a glance
- EIN
- 821906281
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Washington, DC, USA
- Phone
- 6154290996
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $258,362
- Expenses
- $196,959
- Assets
- $97,025
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Rachel Luna (Executive Director)
Highest reported compensation
- Rachel Luna (Executive Director): $70,667 total reported compensation
- Brad Kenn (Director of Development): $24,916 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Project Transformation DC launched in 2018 to address three unique challenges with one program: 1 how to meet the academic physical social-emotional and spiritual needs of children from under-resourced communities 2 how to provide meaningful ways for college-age young adults to explore ministry opportunities and develop as young principled leaders for the church and the world; and 3 how to help revitalize churches in underserved communities.
What it reported doing in 2024
Stipends paid to our interns to participate and lead our program services. 10 Young adults led literacy based summer camps for 60 children in the Brightwood neighborhood of Washington DC.
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 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: 32
- Transparency & Controls: 77
- Accountability: 84
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.9%; rating input score 28
- Program expense ratio: 36.6%; rating input score 37
- Fundraising efficiency: $10.37 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 1st 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 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: 23.8%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 48.5%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 11.3% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 27.9% of revenue deployed · 36.6% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $72K in reported program spending
- Leadership: top reported pay $71K · 9 people listed
- Consistency: 33 of 41 current checks pass · 8 findings to review
- Schedules: 3 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX CompCurrentOfficersDirectors column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesOther column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Insurance column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX OtherEmployeeBenefits column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PaymentsToAffiliates column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PayrollTaxes column sum did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 4/100.