Project Go INC EIN 94-2540268 Form 990 (PDF) Claim this org

Project Go INC FY2020 filing

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Provides energy conservation help and affordable housing for low-income residents. For fiscal year 2020 it reported $4.6M in revenue, $3.8M in expenses, and $4.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Roseville, CA
Website
www.projectgoinc.org
Filings
5 on file (2020–2020)
Revenue
$4.6MFY2020
Expenses
$3.8M
Net assets
$4.4M
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-2540268 Public charity (501(c)(3)) Roseville, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/23/26 · see original: IRS
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Size
$1–10M
What they do
Provides energy conservation help and affordable housing for low-income residents.
Leadership
Jennifer Durbin · Energy Director · $193K
Money in and out
$4.6M revenue, $3.8M expenses
Bottom line
92% program efficiency
Where the money goes · FY2020
Total revenue
$4.6M
Pt VIII · Ln 12
Total expenses
$3.8M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $811K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$4.6M
FY2020
Expenses
$3.8M
FY2020
Total assets
$5.1M
FY2020
Total liabilities
$679K
FY2020
Total revenue
$4.6M
Pt VIII · Ln 12
Total expenses
$3.8M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$811K
Total assetsPt X · Ln 16$5.1M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Go INC
EINHdr · item D94-2540268
Principal addressHdr · item CRoseville, CA
WebsiteHdr · item Jwww.projectgoinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L800)
Ruling yearIRS BMFJan 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Energy Director
$193,109Pt VII · Sec A
Executive Direc
$188,512Pt VII · Sec A
Housing Director
$180,982Pt VII · Sec A
Fiscal Director
$149,553Pt VII · Sec A
Csbg Program Direc
$136,410Pt VII · Sec A
Office Manager/HR
$127,049Pt VII · Sec A
Energy Program COO
$119,590Pt VII · Sec A
Director
$0Pt VII · Sec A

Lynda Timbers’s $253K as Executive Dir. is at the 94th percentile of top reported officer pay among 2025 $1–10M housing 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lynda Timbers$252,595$232,600$213,365
Mark Sheppard$233,034$223,540$206,780$210,651$180,982
Paul Gunther$204,994$189,077$173,777$217,017$149,553
Matthew Timbers$210,077$206,228$187,860$156,715$136,410
Jennifer Durbin$187,953$193,109
Lynda J Timbers$188,512
Kirsten Timbers$183,776$165,508$152,061$147,798$127,049
David Hays$139,720$146,127$139,550$119,680$119,590

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

3 program services account for $3.5M of program spending, described in the organization's own filed words · FY2020.
01

Improve Home Energy ConservationPGI Weatherization Services play a critical role in helping our low-income clients to reduce their energy burden. The staff of our Energy Program work year-round to insulate attics and doors, replace old windows, heaters, water heaters refrigerators and other appliances, and install other conservation…

$2.8Mprogram expense
02

Empower People at Risk and in Poverty to Become Self-SufficientPGI was designated as the Placer County Community Action Agency (CAA) in 2013, which provided a guaranteed allocation of Community Services Block Grant (CSBG) funding. The Placer County CAA was previously under the Placer County Health and Human Services Dept.

$403Kprogram expense
03

Develop, Build and Manage Affordable HousingProject GO, Inc. (PGI) began our foray into the affordable housing development realm in 1990, and we fulfilled the Managing General Partner (MGP) role in the development of over a dozen apartment communities, comprised of over 1,100 apartment units.

$297Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$3.4M · 73%
Program service revenue$1.2M · 27%
Contributions & grants73%$3.4M
Program service revenue27%$1.2M
Investment income$5K
— government grantsLn 1e$3.4M
Total revenueLn 12$4.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$3.5M
Management & general8%$318K
Total functional expensesLn 25$3.8M

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$5.1M
Total liabilitiesLn 26$679K
Total net assetsLn 32$4.4M
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.3M · Operating expenses/yr $3.8M
7.3 months
Where the money goes
Program services
Program services $3.5M · Total expenses $3.8M
92%
Management & General
Management & general $318K · Total expenses $3.8M
8%
Fundraising
Fundraising $0 · Total expenses $3.8M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $10K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3.4M · Total revenue $4.6M
73%
Government reliance
Government grants $3.4M · Total revenue $4.6M
73%
Earned-income share
Program service revenue $1.2M · Total revenue $4.6M
27%
Investment reliance
Investment income $5K · Total revenue $4.6M
+0.1%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $3.8M
33%
Growth & trend
Revenue growth (YoY)
This year $4.6M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.6M · Expenses $3.8M
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $5.1M
Net-asset ratio
Net assets $4.4M · Total assets $5.1M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $447K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $5.1M
9%
People & payroll
Highest Reported Total Compensation
Individual Jennifer Durbin · Reported title ENERGY Director · Highest reported compensation $193K · Total expenses $3.8M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.0M · Total expenses $3.8M
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1.0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 2 funders$99K
Grants paid · 30 grants · $1.2M · 2020–2024
Crisis Intervention ServicesNV · FY2024$50,000
Sierra Senior ServicesCA · FY2024$25,931
Volunteers of AmericaCA · FY2023$90,390
Crisis Intervention ServicesNV · FY2023$47,819
Sierra Senior ServicesCA · FY2023$35,000
Child AdvocatesCA · FY2022$45,000
Sierra Senior ServicesCA · FY2022$35,000
Volunteers of AmericaCA · FY2022$29,781
Crisis Intervention ServicesNV · FY2022$11,201
See all 30 grants →

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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)$5.1M revenue · ⤓ 990 PDF
FY2023$5.5M revenue · ⤓ 990 PDF
FY2022$6.2M revenue · ⤓ 990 PDF
FY2021$4.4M revenue · ⤓ 990 PDF
FY2020$4.6M revenue · viewing · ⤓ 990 PDF

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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
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