PX Project Inc

Nonprofit profile at a glance

EIN
850830039
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Houston, TX, USA
Phone
7132211138
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$850,083
Expenses
$765,164
Assets
$134,356
Liabilities
$46,130

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Meredith Davis (Executive Director)

Highest reported compensation

  • Meredith Davis (Executive Director): $88,846 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

PX Project's mission is to transform the lives of youth in the Sharpstown/Gulfton community in Houston, Texas by providing a path to self-sufficiency through food service-based training, leadership and employment programs.

What it reported doing in 2025

PX Project provides disconnected youth (defined as being out of work and out of school ages 16-24) with the opportunity to engage in a supportive community where they will learn life, social and employability skills in a culinary setting. The training programs combine hands-on food service training with classroom culinary instruction, individual case management, and job placement services.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 35
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.1%; rating input score 77
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: $13.16 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 10%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 11.6%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 28% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 20.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: -17.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 77.1% of revenue deployed · 79.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $609K in reported program spending
  • Leadership: top reported pay $89K · 10 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.