Project 1 27 FY2020 filing

Aurora, CO · Religious organization · Religion

✓ Tax-deductible
Revenue
$502K
Spent
$474K
To programs
87%
Net assets
$94K
By yearFY2020–FY2025
Revenue
$502K
FY2020
Revenue by fiscal year
FY2020$502K
FY2021$593K
FY2022$655K
FY2023$1.0M
FY2024$962K
FY2025$900K
Expenses
$474K
FY2020
Expenses by fiscal year
FY2020$474K
FY2021$484K
FY2022$669K
FY2023$1.0M
FY2024$1.1M
FY2025$882K
Net assets
$94K
FY2020
Net assets by fiscal year
FY2020$94K
FY2021$203K
FY2022$189K
FY2023$213K
FY2024$122K
FY2025$141K

From the FY2020 Form 990 (year ending June 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CProject 1 27
EINHdr · item D26-3341511
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2009
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAurora, CO
NTEE classificationIRS BMFReligion (X99)
WebsiteHdr · item Jwww.project127.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.07 Fundraising $0.07
Program services87%$411K
Management & general7%$32K
Fundraising7%$32K
Total functional expensesLn 25$474K

Financial health

Is it on solid ground?

Program efficiency
87%
of spending reaches programs
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$113K
FY2020
Total assets by fiscal year
FY2020$113K
FY2021$214K
FY2022$202K
FY2023$233K
FY2024$137K
FY2025$156K
Total liabilities
$19K
FY2020
Total liabilities by fiscal year
FY2020$19K
FY2021$11K
FY2022$13K
FY2023$20K
FY2024$15K
FY2025$16K
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$113K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$113K
Total liabilitiesLn 26$19K
Total net assetsLn 32$94K
Months of cash on handcomputed2.3

Statement of Revenue

Part VIII
Contributions & grants$408K · 81%
Program service revenue$69K · 14%
Other revenue$25K · 5%
Contributions & grants81%$408K
Program service revenue14%$69K
Other revenue5%$25K
— government grantsLn 1e$69K
Total revenueLn 12$502K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $91K · Operating expenses/yr $474K
2.3 months
Where the money goes
Program services
Program services $411K · Total expenses $474K
87%
Management & General
Management & general $32K · Total expenses $474K
7%
Fundraising
Fundraising $32K · Total expenses $474K
7%
Cost to raise $1
Fundraising expense $32K · Solicited contributions $338K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $408K · Total revenue $502K
81%
Government reliance
Government grants $69K · Total revenue $502K
14%
Earned-income share
Program service revenue $69K · Total revenue $502K
14%
Investment reliance
Investment income $0 · Total revenue $502K
0%
Program self-sufficiency
Program service revenue $69K · Total expenses $474K
15%
Growth & trend
Revenue growth (YoY)
This year $502K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $94K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $502K · Expenses $474K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $113K
—
Net-asset ratio
Net assets $94K · Total assets $113K
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $113K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Shelly Radic · Reported title President & CEO · Highest reported compensation $86K · Total expenses $474K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $351K · Total expenses $474K
74%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 7%——
Fundraising cost ratio 8%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President & CEO
$85,776Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Founder/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Shelly Radic’s $99K as President & CEO is at the 88th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Shelly Radic$99,135$93,558$96,521$86,521$85,776

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps churches and families serve children in foster care.

Provided by the organization

This section is blank until Project 1 27 claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $411K of program spending, described in the organization's own filed words · FY2019.
01

Inspired and recruited parents through Colorado churches to serve children in Colorado's child welfare system through our 35 faith-based seminars held this past year across the state with 132 individuals attending the state-approved training required to become foster and adoptive parents.

$411Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $900K$882K-6% 990 PDF
FY2024 $962K$1.1M-6% 990 PDF
FY2023 $1.0M$1.0M+57% 990 PDF
FY2022 $655K$669K+10% 990 PDF
FY2021 $593K$484K+18% 990 PDF
FY2020 Viewing $502K$474K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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