Project Red Foundation
- Assets
- $763.3k
- Revenue
- $631.6k
- Investments
- $0.0
- Employees
- 2
- Location
- San Antonio, TX
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-3924933
Organization Overview
Project Red Foundation is located in San Antonio, TX. The organization was established in 2014. 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. As of 12/2022, Project Red Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Red Foundation 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, Project Red Foundation generated $631.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $753.7k during the year ending 12/2022. While expenses have increased by 9.2% per year over the past 8 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
PROJECT RED PROVIDES SUPPORT FOR ASOCIACION PROYECTO RED, AN EL SALVADOR CLOSELY RELATED NOT FOR PROFIT THAT PROVIDES HOLISTIC SUPPORT FOR IMPOVERISHED FAMILIES AND ADVOCATES ON BEHALF OF VULNERABLE AND ABUSED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROYECTO RED PROVIDED RELIEF AND SUPPORT TO IMPOVERISHED FAMILIES AND COMMUNITIES, BOTH DURING THE COVID-19 CRISIS AND THROUGH ITS REGULAR FAMILY STRENGTHENING PROGRAM, WHICH PROVIDES MATERIAL, PSYCHOLOGICAL / EMOTIONAL, AND SPIRITUAL ASSISTANCE TO FAMILIES IN NEED. ADDITIONALLY, VULNERABLE AND ABUSED CHILDREN WERE BENEFITED THROUGH ADVOCACY EFFORTS AND A RESIDENTIAL EMERGENCY SHELTER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Wilson Garcia Executive Dir. | OfficerTrustee | 40 | $60,269 |
Scott Ackerson Treasurer & Sec | OfficerTrustee | 5 | $0 |
Kendra Kunkel President | OfficerTrustee | 5 | $0 |
Brianna Eilers Secretary | OfficerTrustee | 1 | $0 |
Will Murphy Board Member | Trustee | 1 | $0 |
Danny Kitchen 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 | $631,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $631,529 |
| Total Program Service Revenue | $0 |
| Investment income | $93 |
| 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 | $631,622 |
| 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 | $555,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,319 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,805 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,469 |
| Fees for services: Management | $16,500 |
| Fees for services: Legal | $3,500 |
| Fees for services: Accounting | $4,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,818 |
| Advertising and promotion | $3,600 |
| Office expenses | $8,458 |
| Information technology | $3,222 |
| Royalties | $0 |
| Occupancy | $4,354 |
| Travel | $12,817 |
| 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 | $10,620 |
| Total functional expenses | $753,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $482,966 |
| Savings and temporary cash investments | $280,380 |
| 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 | $763,346 |
| Accounts payable and accrued expenses | $109 |
| 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 | $109 |
| Net assets without donor restrictions | $763,237 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $763,346 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Project Red Foundation has recieved totaling $26,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $18,600 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $7,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy Ships Lindale, TX | $171,351,006 | $110,683,026 |
Mercury One Inc Irving, TX | $26,900,316 | $58,076,637 |
Caris Foundation International Irving, TX | $3,266,033 | $33,910,538 |
Ahed International Inc Irving, TX | $2,773,148 | $33,249,497 |
Christian Relief Fund Amarillo, TX | $12,393,094 | $11,849,734 |
Focus Humanitarian Assistance U S A Sugar Land, TX | $10,443,894 | $8,688,144 |
A Glimmer Of Hope Foundation Austin, TX | $0 | $5,415,626 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Building Everyones Success Together In West Africa Grand Prairie, TX | $91,189 | $6,476,422 |
Dasra Houston, TX | $12,585,856 | $13,108,623 |
Mountain On Mastersroad Inc Manvel, TX | $56,044 | $5,994,766 |
4africa Fort Worth, TX | $780,808 | $4,207,403 |