Medici Project Inc
- Assets
- $10.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Valley, GA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-3696803
Organization Overview
Medici Project Inc is located in Sugar Valley, GA. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medici 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 12/2022, Medici Project Inc generated $77.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $80.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
LED 10 SERVICE TRIPS IN ATLANTA AND NASHVILLE WITH 130 STUDENTS SERVING APPROXIMATELY 6,500 AT-RISK CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Hungate Board Member | 60 | $22,057 | |
Vincent Hungate Board Member | 60 | $18,800 | |
Lee Phillips Board Member | 5 | $0 | |
Chris Singleton Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,023 |
| Total Program Service Revenue | $4,587 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,610 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,496 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,410 |
| Total expenses | $80,906 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,910 |
| Other assets | $0 |
| Total assets | $10,610 |
| Total liabilities | $1,422 |
| Net assets or fund balances | $9,188 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Medici Project Inc has recieved totaling $18.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Catholic Charities Of Central Florida Inc Orlando, FL | $24,415,788 | $11,365,377 |
Cesc Tallahassee, FL | $2,842,233 | $8,438,048 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Community Action Agency Of Northeast Alabama Inc Rainsville, AL | $2,230,676 | $9,389,918 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
T3 Labs Atlanta, GA | $9,085,833 | $8,566,316 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |
Embrace Families Inc Maitland, FL | $11,608,640 | $10,892,906 |