Project Access INC EIN 34-1274116 Form 990 (PDF) Claim this org

Project Access INC FY2022 filing

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Offers housing for elderly and handicapped individuals. For fiscal year 2022 it reported $140K in revenue, $137K in expenses, and $-23K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Toledo, OH
Website
projectaccess.org
Filings
5 on file (2020–2022)
Revenue
$140KFY2022
Expenses
$137K
Net assets
$-23K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1274116 Public charity (501(c)(3)) Toledo, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers housing for elderly and handicapped individuals.
Leadership
Tim Mullins · President · $23K
Money in and out
$140K revenue, $137K expenses
Bottom line
98% program efficiency
Where the money goes · FY2022
Total revenue
$140K
Pt VIII · Ln 12
Total expenses
$137K
Pt IX · Ln 25
Net assets
$-23K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
7.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$140K
FY2022▲ +13%
Expenses
$137K
FY2022▲ +2%
Total assets
$262K
FY2022▼ -2%
Total liabilities
$285K
FY2022▼ -3%
Total revenue
$140K
Pt VIII · Ln 12
Total expenses
$137K
Pt IX · Ln 25
Net assets
$-23K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$262K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Access INC
EINHdr · item D34-1274116
Principal addressHdr · item CToledo, OH
WebsiteHdr · item Jprojectaccess.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P52Z)
Ruling yearIRS BMFJun 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$22,600Pt VII · Sec A
Treasurer
$11,100Pt VII · Sec A
$550Pt VII · Sec A
Secretary
$550Pt VII · Sec A

Tim Mullins’s $23K as President is at the 12th percentile of top reported officer pay among 2165 $100K–1M human services 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

NameFY2023FY2022FY2021FY2020
Tim Mullins$23,200$22,600$23,400$20,800
Scott Skates$9,960$11,100$9,740$9,720
Adriana Aldrich$500$550$5,500$500
Linda Bunch$500$550$5,500$500

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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Mission & Programs · Part III

Where the work happens

1 program service account for $134K of program spending, described in the organization's own filed words · FY2022.
01

Project access provides housing for elderly and handicapped

$134Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$140K
Total revenueLn 12$140K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$134K
Management & general2%$3K
Total functional expensesLn 25$137K

Balance Sheet

Part X · end of year
CashLn 1$81K
Total assetsLn 16$262K
Total liabilitiesLn 26$285K
Total net assetsLn 32$-23K
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $81K · Operating expenses/yr $137K
7.1 months
Where the money goes
Program services
Program services $134K · Total expenses $137K
98%
Management & General
Management & general $3K · Total expenses $137K
2%
Fundraising
Fundraising $0 · Total expenses $137K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $36K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $140K
0%
Government reliance
Government grants — · Total revenue $140K
Earned-income share
Program service revenue $140K · Total revenue $140K
100%
Investment reliance
Investment income $0 · Total revenue $140K
0%
Program self-sufficiency
Program service revenue $140K · Total expenses $137K
102%
Growth & trend
Revenue growth (YoY)
This year $140K · Prior year $123K
+13%
Net-asset trend (YoY)
End of year $-23K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $140K · Expenses $137K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $262K
Net-asset ratio
Net assets $-23K · Total assets $262K
-9%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $262K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tim Mullins · Reported title PRESIDENT · Highest reported compensation $23K · Total expenses $137K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $137K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Revenue growth 13%

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

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$141K revenue · ⤓ 990 PDF
FY2023$146K revenue · ⤓ 990 PDF
FY2022$140K revenue · viewing · ⤓ 990 PDF
FY2021$123K revenue · ⤓ 990 PDF
FY2020$237K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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