Project Dynamo Inc is a 501(c)(3) organization based in Naples, Florida, registered in 2022, with $1,233,553 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.2M
▼ 56.2% vs prior year
International median: $227K
Expenses (FY2024)
$2.1M
Net assets
$821K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Project Dynamo Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Project Dynamo Inc: 5 mo reserves · -68% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Project Dynamo Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Project Dynamo Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.8M (FY2021) to $1.2M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-68.1%
Spent more than it raised in the latest fiscal year.
Total assets
$972K
Total liabilities
$151K
Net assets
$821K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,233,553▼56.2% | $2,074,152▼13.8% | $820,618▼60.5% | $971,976▼54.1% | 990 |
| 2023 | $2,814,944▼27.2% | $2,407,527▼6.3% | $2,074,999▲28.0% | $2,115,385▲30.4% | 990 |
| 2022 | $3,866,556▲111% | $2,570,725▲70.9% | $1,620,953▲399% | $1,622,067▲332% | 990 |
| 2021 | $1,829,184 | $1,504,062 | $325,122 | $375,122 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
22 grants to Project Dynamo Inc totaling $1.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Refugee support | 2024 | $26,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $8,250 |
| Volunteer Florida Foundation Inc | Hurricane ian grant | 2023 | $1,000,000 |
| American Gift Fund | Operations | 2023 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $29,623 |
| National Christian Charitable Foundation | Growth | 2023 | $28,450 |
| American Online Giving Foundation Inc | General support | 2023 | $20,067 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $12,784 |
| National Philanthropic Tr | Human services | 2023 | $11,250 |
| Greater Cincinnati Foundation | Programatic support | 2023 | $10,000 |
| Donors Trust Inc | For general operations | 2023 | $10,000 |
| American Endowment Foundation | General operating support | 2023 | $10,000 |
| Jewish Community Fdn of the Jewish Federation Council of Greater La | General support | 2023 | $7,200 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $38,300 |
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Data for Project Dynamo Inc (EIN 87-2362688) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.