JEmploymentEIN: 832082676· Ruling Year: 2019

Hourglass Project

San Luis Obispo, California

BHealth Score
64B

Financial Health Score

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

Above Average

💰
$1.7M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$848K
Net Assets
📋
$763
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+33.5%
Year-over-year change (2022 → 2023)
Net Margin
-7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.46
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$1,715,17133%$1,845,19862%$848,87614%
2022$1,285,20610%$1,138,07817%$983,41217%
2021$1,423,02283%$976,20464%$839,37191%
2020$778,07468%$596,585129%$438,724116%
2019$463,028$260,323$202,705

Frequently Asked Questions

What does Hourglass Project do?

Hourglass Project is a employment nonprofit organization based in California. It is classified under NTEE code J99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hourglass Project financially healthy?

Based on our 9-metric Financial Health Score model, Hourglass Project has a score of 64/100 (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 Hourglass Project generate?

Hourglass Project reports $2.5M in annual revenue and holds $2.0M in total assets, based on IRS filings.

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