Project Lead Inc is located in Richmond Hill, NY. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 07/2022, Project Lead Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Lead 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 07/2022, Project Lead Inc generated $350.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $347.9k during the year ending 07/2022. While expenses have increased by 24.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOOD DISTRIBUTION, CAMP SCHOLARSHIPS, ASSISTANCE & TRIPS FOR DISADVANTAGED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DISTRIBUTION, CAMP SCHOLARSHIPS, ASSISTANCE & TRIPS FOR DISADVANTAGED PERSONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Avrohom Hecht Executive Director | Officer | 12 | $50,850 |
Rita Spiegel VP | Trustee | 1 | $0 |
Rita Parnas Director | Trustee | 1 | $0 |
Marc Silbergleit Sectreas | Trustee | 1 | $0 |
Nina Alaeva President | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $255,907 |
All other contributions, gifts, grants, and similar amounts not included above | $94,798 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $350,705 |
Total Program Service Revenue | $0 |
Investment income | $10 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $350,715 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $185,894 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $50,850 |
Compensation of current officers, directors, key employees. | $20,340 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,004 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,940 |
Fees for services: Management | $0 |
Fees for services: Legal | $800 |
Fees for services: Accounting | $5,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $750 |
Office expenses | $1,279 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $28,933 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,827 |
Insurance | $1,965 |
All other expenses | $0 |
Total functional expenses | $347,942 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,934 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $131,186 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $5,177 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $195,297 |
Accounts payable and accrued expenses | $2,373 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,373 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $192,924 |
Total liabilities and net assets/fund balances | $195,297 |
Over the last fiscal year, we have identified 1 grants that Project Lead Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Mayer Foundation New York, NY PURPOSE: GENERAL WELFARE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |