Project42
Saint Paul, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,303,322↑38% | $2,934,734↑22% | $1,138,620↑33% | — |
| 2022 | $2,386,632↑36% | $2,399,685↑79% | $858,079↑10% | — |
| 2021 | $1,757,114↑202% | $1,337,049↑279% | $781,932↑104% | — |
| 2020 | $581,757↑148% | $352,924↑249% | $383,739↑189% | — |
| 2019 | $234,168 | $101,181 | $132,987 | — |
| 2018 | $0 | $0 | $0 | — |
Frequently Asked Questions
What does Project42 do?▼
Project42 is a religion-related nonprofit organization based in Minnesota. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Project42 financially healthy?▼
Based on our 9-metric Financial Health Score model, Project42 has a score of 79/100 (Grade: A-). 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 Project42 generate?▼
Project42 reports $4.0M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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