Project41
- Assets
- $130.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redding, CA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-5415938
Organization Overview
Project41 is located in Redding, CA. The organization was established in 2014. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, 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. Project41 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, Project41 generated $198.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $166.2k during the year ending 12/2021. While expenses have increased by 18.2% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Pierce CEO | 40 | $96,970 | |
Timothy Reynolds Board Member | 0 | $0 | |
Jack Fredricks Treasurer | 0 | $0 | |
David Salmon Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,710 |
| 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 | $198,710 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $130,523 |
| Professional fees and other payments to independent contractors | $2,482 |
| Occupancy, rent, utilities, and maintenance | $2,688 |
| Printing, publications, postage, and shipping | $2,470 |
| Other expenses | $7,252 |
| Total expenses | $166,188 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,786 |
| Other assets | $0 |
| Total assets | $130,687 |
| Total liabilities | $1,152 |
| Net assets or fund balances | $129,535 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Project41 has recieved totaling $158,799.
| Awarding Organization | Amount |
|---|---|
Vatheuer Family Foundation Inc Hobart, WA PURPOSE: KENYA SAFETAP PROJECT - A PILOT WATER FILTRATION INITIATIVE IN NAIROBI. | $150,512 |
Assist International Inc Ripon, CA PURPOSE: GENERAL SUPPORT | $8,272 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Klamath River Renewal Corporation Berkeley, CA | $47,329,162 | $42,537,109 |
Western Rivers Conservancy Portland, OR | $69,706,599 | $6,069,985 |
California Waterfowl Association Roseville, CA | $35,396,569 | $21,080,372 |
Water Foundation Sacramento, CA | $24,031,910 | $14,837,978 |
Digdeep Right To Water Project Los Angeles, CA | $16,956,500 | $12,789,451 |
California Rural Water Association Sacramento, CA | $3,577,030 | $6,460,960 |
Nature Collective Solana Beach, CA | $16,094,716 | $5,764,698 |
Walker Basin Conservancy Reno, NV | $80,094,902 | $17,114,927 |
Santa Ana Watershed Association Of Rcds Riverside, CA | $6,098,465 | $4,472,919 |
The Coral Reef Alliance San Francisco, CA | $4,014,411 | $4,148,102 |
Sustainable Ocean Alliance Inc San Francisco, CA | $4,770,789 | $3,228,934 |
U S Water Alliance Oakland, CA | $3,930,310 | $4,183,310 |