Project 541
- Assets
- $38.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 46-3220695
Organization Overview
Project 541 is located in Chattanooga, TN. The organization was established in 2014. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Project 541 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, Project 541 generated $89.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $100.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Austin- Deceased President | 10 | $0 | |
Kendall Austin Treasurer | 10 | $0 | |
Kayla Austin Executive Di | 40 | $0 | |
Laurie Durham Secretary | 5 | $0 | |
Brenda Austin Interim Pres | 1 | $0 | |
Holly Willis Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,761 |
| 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 | $89,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,540 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,577 |
| Occupancy, rent, utilities, and maintenance | $92,672 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,357 |
| Total expenses | $100,146 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,070 |
| Other assets | $0 |
| Total assets | $38,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,865 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Project 541 has recieved totaling $367.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $347 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse For The Blind St Louis, MO | $132,994,524 | $33,499,796 |
Signal Centers Inc Chattanooga, TN | $10,070,860 | $27,319,073 |
Louise W Eggleston Center Inc Norfolk, VA | $29,105,931 | $28,904,867 |
Center For Human Services Inc Sedalia, MO | $26,886,839 | $25,741,187 |
Area Resources For Community And Human Services St Louis, MO | $7,485,781 | $21,715,515 |
Boulder Crest Foundation Bluemont, VA | $39,968,822 | $23,145,930 |
Community Health Ctr Of Central Missouri Jefferson City, MO | $23,228,826 | $19,931,072 |
Central Fairfax Services Inc Springfield, VA | $6,565,063 | $13,281,706 |
Area Congregations Together In Service Richmond, VA | $1,536,280 | $15,128,315 |
Arkansas Enterprises For The Developmentally Disabled Inc Little Rock, AR | $11,004,956 | $14,277,062 |
Cedars Of Chapel Hill Club Inc Chapel Hill, NC | $6,435,897 | $14,257,296 |
Behavioral Healthcare Services Inc Owensboro, KY | $8,995,827 | $13,461,445 |