Philos Project Inc
- Assets
- $3.1m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 41
- Location
- New York, NY
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 47-1182714
Organization Overview
Philos Project Inc, operating under the name The Philos Project Inc, is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Philos Project Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philos Project 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 12/2022, Philos Project Inc generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $8.0m during the year ending 12/2022. While expenses have increased by 8.0% 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.
Since 2016, Philos Project Inc has awarded 26 individual grants totaling $8,223,912. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PHILOS PROJECT INC. (PHILOS) SEEKS TO PROMOTE POSITIVE CHRISTIAN ENGAGEMENT IN THE NEAR EAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING CHRISTIAN ENGAGEMENT: THE MISSION OF PHILOS IS TO PROMOTE POSITIVE CHRISTIAN ENGAGEMENT IN THE NEAR EAST. ALL OF PHILOS' PROGRAMS, INCLUDING THE PHILOS LEADERSHIP INSTITUTE, PHILOS ACTION LEAGUE, AND PHILOS' LEADERSHIP TRIPS ARE DESIGNED TO BRING A CHRISTIAN VOICE TO THE NEAR EAST. PHILOS HAS ONGOING CAMPAIGNS HELPING PERSECUTED CHRISTIANS IN THE MIDDLE EAST, AS WELL AS ADVOCACY CAMPAIGNS TO COMBAT ANTISEMITISM IN THE US AND ABROAD. PHILOS REGULARLY HOSTS WEBINARS AND DIGITAL SEMINARS TO ENCOURAGE CHRISTIANS TO REMAIN INFORMED AND ENGAGED IN THE NEAR EAST, AS WELL AS IN PERSON EVENTS AND CONFERENCES. ADDITIONALLY, PHILOS CONTINUES TO PROMOTE CHRISTIAN REALISM AS THE BULWARK OF AMERICAN FOREIGN POLICY.
HISPANIC AFFAIRS: PHILOS IS COMMITTED TO SERVING AND EQUIPPING THE HISPANIC CHRISTIAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. PHILOS SURVEYED THE HISPANIC CHRISTIANS ON THEIR VIEW OF ISRAEL AND CHRISTIAN PERSECUTION IN THE NEAR EAST. THE SURVEY EQUIPPED PHILOS AND PARTNER ORGANIZATIONS TO BETTER ENGAGE THE COMMUNITY ON A GRASSROOTS LEVEL. PHILOS HOSTS EVENTS AND TRIPS FOR MEDIA PROFESSIONALS, ARTISTS, AND PASTORS TO FOSTER BETTER INTERACTION BETWEEN HISPANIC AND JEWISH COMMUNITIES. FINALLY, PHILOS LAUNCHED A RADIO SHOW AND A CHRONOLOGICAL STUDY BIBLE TO STRENGTHEN HISPANIC TIES WITH ISRAEL.
AFRICAN AMERICAN AFFAIRS: PHILOS IS COMMITTED TO SERVING AND EQUIPPING THE AFRICAN AMERICAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. PHILOS HOSTS EVENTS AND CONFERENCES FOR ITS NETWORK OF AFRICAN AMERICAN CHRISTIAN LEADERS FOCUSED ON THE CONNECTION BETWEEN ISRAEL, AFRICA, AND BLACK AMERICA. FINALLY, PHILOS PREPARED TO LAUNCH A LEADERSHIP DEVELOPMENT PROGRAM ROOTED IN AFRICAN IDENTITY AND HEBRAIC THOUGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Tooley Director, Secretary | OfficerTrustee | 1 | $0 |
Richard Land Director | Trustee | 1 | $0 |
Dan Senor Director, Treasurer | OfficerTrustee | 5 | $0 |
Robert Nicholson Executive Director | Officer | 40 | $300,000 |
Lucas Moon Deputy Director | 40 | $256,800 | |
Jesse Rojo Director Of Philos Latino | 40 | $160,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,540 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,741,449 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,764,989 |
| Total Program Service Revenue | $167,644 |
| Investment income | $246 |
| 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 | $8,932,879 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $294,975 |
| Grants and other assistance to domestic individuals. | $68,388 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,285 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $353,142 |
| Compensation of current officers, directors, key employees. | $56,503 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,060,937 |
| Pension plan accruals and contributions | $34,819 |
| Other employee benefits | $625,703 |
| Payroll taxes | $189,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $93,487 |
| Fees for services: Accounting | $100,676 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $904,566 |
| Advertising and promotion | $415,682 |
| Office expenses | $190,233 |
| Information technology | $33,056 |
| Royalties | $0 |
| Occupancy | $292,919 |
| Travel | $1,532,514 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $536,796 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,698 |
| Insurance | $48,569 |
| All other expenses | $0 |
| Total functional expenses | $7,984,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,080 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,960,833 |
| 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 | $19,488 |
| Net Land, buildings, and equipment | $71,384 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $706,631 |
| Total assets | $3,069,416 |
| Accounts payable and accrued expenses | $383,800 |
| 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 | $593,889 |
| Total liabilities | $977,689 |
| Net assets without donor restrictions | -$74,642 |
| Net assets with donor restrictions | $2,166,369 |
| 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 | $3,069,416 |
Grants Awarded
Over the last fiscal year, Philos Project Inc has awarded $294,975 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PEF ISRAEL ENDOWMENT FUNDS INC PURPOSE: CHRISTIAN RELATIONS | $65,974 |
THE KING'S COLLEGE PURPOSE: EDUCATE STUDENTS IN HEBRAIC THOUGHT | $92,001 |
HOMBRES DE PALABRA PURPOSE: HISPANIC PASTOR ALLIANCE | $137,000 |