Projects Inc
- Assets
- $686.6k
- Revenue
- $249.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Bucyrus, OH
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 35-2183570
Organization Overview
Projects Inc is located in Bucyrus, OH. The organization was established in 2003. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Projects 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 12/2021, Projects Inc generated $249.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $209.3k during the year ending 12/2021. While expenses have increased by 4.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE AND MAINTAIN VARIOUS PROJECTS IN COMMUNITY AND TO BE A SUPPORT TO THE COMMUNITY FOUNDATION FOR CRAWFORD COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED TO OPERATE AND MAINTAIN HARVEY SCHOOL. HARVEY SCHOOL IS A ONE ROOM SCHOOLHOUSE THAT ALLOWS VISITORS TO EXPERIENCE THE PAST THROUGH SCHOOL FIELDS TRIPS, COMMUNITY GROUP TOURS AND COMMUNITY EVENTS.
EXPENSES INCURRED TO MAINTAIN MILLENNIUM PARK WITH ITS FOUNTAIN ON THE BUCYRUS SQUARE AS WELL AS TWO BUCYRUS MURALS: THE GREAT AMERICAN CROSSROADS MURAL AND LIBERTY REMEMBERS OUR VETERANS MURAL.
EXPENSES INCURRED TO OPERATE AND MAINTAIN PROJECTS SUCH AS; BUCYRUS BEAUTIFICATION, CRESTLINE ATHLETIC BOOSTERS,JOHNNY APPLESEED, POPCORN WAGON, CRAWFORD COUNTY FAIRGROUND TREES, BUCYRUS TREES, CRESTLINE COMMUNITY ENHANCEMENT, BUCYRUS LEGACY, CRESTLINE YOUTH SPORTS, BOMB BUCYRUS WITH BULBS, LEAP OF CC AND BUCYRUS BICENTENNIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Shadeed Treasurer | Officer | 0.5 | $0 |
Andrea Presler Secretary | Officer | 0.5 | $0 |
Dick Hulsmeyer President | Officer | 0.5 | $0 |
Dave Dotson Trustee | Trustee | 0.5 | $0 |
Andy Furner Trustee | Trustee | 0.5 | $0 |
Larry Risner Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,785 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,785 |
| Total Program Service Revenue | $0 |
| Investment income | $89 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,700 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $88,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $3,887 |
| Insurance | $0 |
| All other expenses | $32,721 |
| Total functional expenses | $209,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,595 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $456,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $52,117 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $686,587 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $686,587 |
| Total liabilities and net assets/fund balances | $686,587 |
Grants Awarded
Over the last fiscal year, Projects Inc has awarded $88,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTON BICENTENNIAL INC PURPOSE: BUCYRUS LEGACY FUND | $68,500 |
THE COMMUNITY FOUNDATION FOR CC PURPOSE: MURALS ENDOWMENT FUN | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Projects Inc has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Ohiohealth Corporation Grant Riverside Doctors Dublin Met Columbus, OH PURPOSE: A legacy project for Marion County's history. | $10,000 |
John Q Shunk Association Bucyrus, OH PURPOSE: CONTRIBUTION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Land Reform Inc Flint, MI | $4,615,802 | $4,633,000 |
Otsego County Economic Alliance Inc Gaylord, MI | $173,571 | $2,171,893 |
Parks Alliance Of Louisville Inc Louisville, KY | $3,804,917 | $4,767,335 |
Michigan League Of Conservation Voters Education Fund Ann Arbor, MI | $2,117,866 | $2,173,600 |
Marshall Area Economic Development Alliance Marshall, MI | $870,752 | $1,562,359 |
Gettysburg Nature Alliance Gettysburg, PA | $1,606,711 | $1,429,638 |
Pennsylvania Wilds Center For Entrepreneurship Kane, PA | $1,359,565 | $922,437 |
Pennenvironment Inc Philadelphia, PA | $5,502,318 | $1,268,098 |
Cheshire Hunt Conservancy Unionville, PA | $637,561 | $773,341 |
Green Building United Philadelphia, PA | $573,102 | $717,288 |
Columbus Recreation And Parks Foundation Columbus, OH | $1,131,377 | $798,091 |
Sustainable Purchasing Council Grandville, MI | $420,834 | $655,241 |