The Masooli Project Inc
- Assets
- $63.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Simsbury, CT
- Founding
- 04/1982
- Data as of
- 12/2023
- EIN
- 06-1005031
Organization Overview
The Masooli Project Inc is located in Simsbury, CT. The organization was established in 1982. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masooli Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Masooli Project Inc generated $86.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $71.2k during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE DELIVERY OF HIGH QUALITY HEALTH CARE SERVICES AND HEALTH EDUCATION TO PEOPLELIVING IN AND AROUND THE VILLAGE OF MASOOLI, UGANDA, WITH SPECIAL EMPHASIS ON MEETING THE HEALTH CARE AND HEALTH EDUCATION NEEDS OF THE POOR AND INDIGENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Duncan President | 5 | $0 | |
Melinda Westbrook Vice-President | 5 | $0 | |
Richard D Dupree Treasurer | 5 | $0 | |
Carolyn Augur Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,007 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,908 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $690 |
| Other expenses | $67,565 |
| Total expenses | $71,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,337 |
| Other assets | $0 |
| Total assets | $63,337 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,337 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Narrows Institute Of Biomedical Research Inc Brooklyn, NY | $2,281,786 | $3,794,366 |
National Biomedical Research Foundation Inc Waltham, MA | $2,381,442 | -$15,816 |
Buffalo Institute For Medical Research Inc Buffalo, NY | $639,812 | $842,004 |
Pioneer Valley Life Sciences Institute Of Baystate Medical Springfield, MA | $867,391 | $81,262 |
The Masooli Project Inc Simsbury, CT | $63,337 | $0 |
Ventilator Project Inc Boston, MA | $770 | $0 |
Sona Global Limited Boston, MA | $47,161 | $0 |