ZUnclassifiedEIN: 042749823· Ruling Year: 1982

Project Adventure Inc

Beverly, Massachusetts

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median15.40×
💰
$3.7M
Total Revenue
📊
$3.7M
Total Expenses
🏦
$1.2M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.1%
Year-over-year change (2022 → 2023)
Net Margin
+0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
45.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$3,687,0605%$3,658,3396%$2,304,23110%
2022$3,884,97717%$3,446,95135%$2,097,64411%
2021$4,703,745145%$2,548,57019%$1,895,62422%
2020$1,916,39940%$2,134,02734%$2,418,209
2019$3,181,8827%$3,231,1595%$2,410,4392%
2018$3,407,5378%$3,412,97012%$2,447,1955%
2017$3,722,833$3,896,4731%$2,585,4436%
2016$3,713,5946%$3,868,18210%$2,762,2289%
2015$3,939,7215%$4,304,7548%$3,030,18710%
2014$4,142,705$4,693,5857%$3,367,57310%
2013$4,159,4336%$4,373,36810%$3,756,9985%
2012$4,419,053$4,839,0845%$3,589,56324%
2011$4,423,60134%$4,617,96831%$4,693,14910%
2010$6,671,067$6,711,468$5,193,555

Frequently Asked Questions

What does Project Adventure Inc do?

Project Adventure Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Adventure Inc financially healthy?

Based on our 9-metric Financial Health Score model, Project Adventure Inc has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Project Adventure Inc generate?

Project Adventure Inc reports $4.2M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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