Project Connect INC
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Connects people in poverty with faith communities to build supportive relationships. For fiscal year 2024 it reported $492K in revenue, $645K in expenses, and $234K in net assets.Pt I
Summary of the Filing
Where the work happens
Provided assistance to vulnerable men, women, and their families, including grants for emergency assistance and education programs to equip individuals with skills needed to break the poverty cycle.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jeff Darnell’s $77K as President (thru 10/2024) is at the 69th percentile of top reported officer pay among 1637 $100K–1M international 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 · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Stuart Spears | — | $110,923 | $75,462 | — | — |
| Jeff Darnell | $77,366 | $7,500 | — | — | — |
| Alan Murdock | — | — | — | $59,522 | $70,520 |
| Zach Bevill | — | — | $28,293 | $60,724 | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 44% | — | — |
| Overhead ratio | 38% | — | — |
| Fundraising cost ratio | 26% | — | — |
| Revenue growth | -30% | — | — |
| Accounting fee ratio | 10% | — | — |
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.
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Filings & Schedule Manifest
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