Project Live No 2 Inc is a 501(c)(3) organization based in Newark, New Jersey, registered in 1988, with $127,276 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$127K
▼ 12.3% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$156K
Net assets
-$536K
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 Live No 2 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 Live No 2 Inc: 0 mo reserves · -22% 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 Live No 2 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 Live No 2 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $158K (FY2010) to $127K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
-22.3%
Spent more than it raised in the latest fiscal year.
Total assets
$220K
Total liabilities
$756K
Net assets
-$536K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,276▼12.3% | $155,602▲22.2% | -$535,907▼5.9% | $220,092▲9.9% | 990EZ |
| 2023 | $145,044▼9.4% | $127,365▼4.2% | -$505,862▲2.2% | $200,270▲8.9% | 990EZ |
| 2022 | $160,162▼2.0% | $132,933▲3.6% | -$517,218▲3.6% | $183,820▼1.4% | 990EZ |
| 2021 | $163,368▲0.4% | $128,309▲5.3% | -$536,379▲5.6% | $186,441▲9.4% | 990EZ |
| 2020 | $162,722▲4.3% | $121,834▼2.6% | -$567,982▲6.5% | $170,481▲6.8% | 990EZ |
| 2019 | $156,020▲13.8% | $125,067▼10.8% | -$607,581▲4.8% | $159,568▲6.6% | 990EZ |
| 2018 | $137,156▼4.8% | $140,142▲12.7% | -$638,534▼0.5% | $149,661▲1.0% | 990EZ |
| 2017 | $144,006▲18.0% | $124,394▼6.6% | -$635,548▲3.0% | $148,210▲10.3% | 990EZ |
| 2016 | $122,030▼17.2% | $133,226▼1.7% | -$655,160▼1.7% | $134,394▼5.9% | 990EZ |
| 2015 | $147,377▲1.2% | $135,542▼15.5% | -$643,964▲1.8% | $142,824▲11.8% | 990EZ |
| 2014 | $145,631▲24.6% | $160,343▲14.6% | -$655,799▼2.3% | $127,782▼8.8% | 990EZ |
| 2013 | $116,884▼19.9% | $139,970▼10.4% | -$641,087▼3.7% | $140,161▼12.0% | 990EZ |
| 2012 | $145,838▼6.9% | $156,161▼9.6% | -$618,001▼1.7% | $159,230▼8.7% | 990EZ |
| 2011 | $156,669▼0.8% | $172,811▼8.7% | -$607,678▼2.7% | $174,463▼14.1% | 990EZ |
| 2010 | $157,888 | $189,359 | -$591,536 | $203,095 | 990EZ |
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.
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Data for Project Live No 2 Inc (EIN 22-2849505) 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.