Project Agape Inc
- Assets
- $2.2k
- Revenue
- $199.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Garner, NC
- Founding
- Data as of
- 12/2022
- EIN
- 37-1978687
Organization Overview
Project Agape Inc is located in Garner, NC. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Agape Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH AND MAINTAIN A MISSION PROJECT IN ARMENIA TO PROVIDE A PARTNERSHIP MINISTRY WITH THE ARMENIAN APOSTOLIC CHURCH TO PROVIDE HUMANITARIAN AID IN ARMENIA, KARABAKH, AND OTHER REGIONS OF THE CAUCASUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL OPERATING BUDGET: FUNDS ARE PROVIDED EACH YEAR TO MAINTAIN A STAFF, OFFICES, WAREHOUSES, AND VEHICLES TO SUPPORT THE ORGANIZATION'S MISSION IN ARMENIA. IN 2022, SALARIES, PAYROLL TAXES AND BENEFITS OF $59,142 WERE PROVIDED FOR A STAFF OF (7) PEOPLE. ALL OTHER EXPENSES OF $60,681 PROVIDED FOR THE RENT OF OFFICES IN VAYK AND YEREVAN, A WAREHOUSE IN YEREVAN, UTILITIES, TELEPHONE, SUPPLIES, REPAIRS, AND MAINTENANCE OF (3) VEHICLES.
GRANT FOR VOCATIONAL SCHOOL CONSTRUCTION: IN DECEMBER OF 2022 A GRANT OF $25,000 WAS PROVIDED TO BEGIN CONSTRUCTION OF A STANDALONE VOCATIONAL BUILDING ON THE PROPERTY AT THE AGAPE CENTER IN VAYK. ACTUAL CONSTRUCTION STARTED IN EARLY 2023 AFTER ALL PERMITTING AND LOCAL GOVERNMENT ALLOWANCES WERE GRANTED. ADDITION OF A SEPARATE BUILDING FOR VOCATIONAL TRAINING WILL ENABLE PROJECT AGAPE TO APPROPRIATELY RESPOND TO THE GROWING DEMAND TO PROVIDE VOCATIONAL AND TECHNICAL SKILLS TRAINING TO YOUNG ADULTS FROM DISPLACED FAMILIES.
CAPITAL IMPROVEMENTS: GRANT FUNDS OF $11,875 WERE PROVIDED FOR THE FLOOR, A/C UNIT, AND BRICK MASON LABOR FOR A BUILDING/WAREHOUSE ADDITION AT THE AGAPE CENTER IN VAYK. $3,542 OF ADDITIONAL FUNDS WERE PROVIDED AND USED TO MAKE NECESSARY REPAIRS AND MODIFICATIONS TO THE RENTED WAREHOUSE SPACE IN YEREVAN. EXPANDING AND MAINTAINING THESE FACILITIES IS NECESSARY TO SUPPORT THE GROWING DEMAND FOR HUMANITARIAN AID TO DISPLACED FAMILIES IN THE REGION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan R Van Meter Chairperson | Officer | 5 | $0 |
William J Conroy Treasurer | Officer | 2 | $0 |
Jaye N White Executive Secretary | Officer | 1 | $0 |
Robert L Fletcher Board Member | Trustee | 1 | $0 |
Terry Williams Board Member | Trustee | 1 | $0 |
Jane Leechford Board Member | Trustee | 1 | $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 | $199,593 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,593 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $199,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $196,390 |
| 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 | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $197,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,239 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,239 |
| 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 | $2,239 |
| Total liabilities and net assets/fund balances | $2,239 |