Philos Project Inc
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 29
- Location
- New York, NY
- Founding
- 02/2015
- Data as of
- 12/2021
- 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 12/2021, Philos Project Inc employed 29 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 12/2021, Philos Project Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Philos Project Inc has awarded 23 individual grants totaling $7,928,937. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PHILOS PROJECT (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 OUR PROGRAMS, INCLUDING THE PHILOS LEADERSHIP INSTITUTE, LEADERSHIP TRIPS, AND OUR CHAPTERS, ARE DESIGNED TO BRING A CHRISTIAN VOICE TO THE NEAR EAST. PHILOS ALSO HAS A CAMPAIGN TO SUPPORT PERSECUTED CHRISTIANS IN IRAQ, SYRIA, LEBANON, JORDAN, AND EGYPT. WE REGULARLY HOST DIGITAL EVENTS AND SEMINARS TO ENCOURAGE CHRISTIANS TO REMAIN INFORMED AND ENGAGED IN THE NEAR EAST. 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 FOR ARTISTS AND MEDIA PROFESSIONALS TO FOSTER BETTER INTERACTION BETWEEN HISPANIC AND JEWISH COMMUNITIES. PHILOS LAUNCHED A RADIO SHOW AND RELEASED A DOCUMENTARY ENTITLED "OUR ISRAEL A CAPPELLA".
AFRICAN AMERICAN AFFAIRS: PHILOS IS COMMITTED TO SERVING AND EQUIPPING THE AFRICAN AMERICAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. WE HOSTED A SERIES OF CONVERSATIONS ON RACE TO BETTER EQUIP YOUNG LEADERS TO PROMOTE RECONCILIATION AND HOPE. FINALLY, PHILOS DEVELOPED A LEADERSHIP PROGRAM ROOTED IN IDENTITY AND HEBRAIC THOUGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Nicholson Executive Director | Officer | 40 | $290,000 |
Lucas Moon Deputy Director | 40 | $240,600 | |
Jesse Rojo Constituent Relations Director | 40 | $130,000 | |
Kristina King Until 1121 African American Affairs Director | 40 | $111,833 | |
Caroline Walker Chief Of Staff | 40 | $110,443 | |
Mark Tooley Director, Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $475,644 |
| All other contributions, gifts, grants, and similar amounts not included above | $758,209 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,234,153 |
| Total Program Service Revenue | $0 |
| Investment income | $1,106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,834 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,246,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $229,200 |
| Grants and other assistance to domestic individuals. | $60,933 |
| Grants and other assistance to Foreign Orgs/Individuals | $83,663 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $341,482 |
| Compensation of current officers, directors, key employees. | $54,637 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,529,063 |
| Pension plan accruals and contributions | $24,048 |
| Other employee benefits | $417,458 |
| Payroll taxes | $142,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $127,150 |
| Fees for services: Accounting | $80,911 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $855,701 |
| Advertising and promotion | $26,194 |
| Office expenses | $185,277 |
| Information technology | $36,724 |
| Royalties | $0 |
| Occupancy | $204,242 |
| Travel | $687,200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $276,916 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,250 |
| Insurance | $44,127 |
| All other expenses | $0 |
| Total functional expenses | $5,419,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498,337 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $506,000 |
| 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 | $5,973 |
| Net Land, buildings, and equipment | $107,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $76,625 |
| Total assets | $1,194,685 |
| Accounts payable and accrued expenses | $50,942 |
| 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 | $50,942 |
| Net assets without donor restrictions | $637,743 |
| Net assets with donor restrictions | $506,000 |
| 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 | $1,194,685 |
Grants Awarded
Over the last fiscal year, Philos Project Inc has awarded $228,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: EDUCATE STUDENTS IN HEBRAIC THOUGHT | $153,500 |
Germantown, MD PURPOSE: HISPANIC PASTOR ALLIANCE | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Philos Project Inc has recieved totaling $925,011.
| Awarding Organization | Amount |
|---|---|
Marcus Foundation Inc Atlanta, GA PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $750,000 |
The Helen Diller Family Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
The Weininger Foundation Inc New York, NY PURPOSE: SUPPORT PROGRAMS TO PROMOTE POSITIVE CHRISTIAN ENGAGEMENT IN THE MIDDLE EAST. | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |