Project 828 Foundation
- Assets
- $132.7k
- Revenue
- $123.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5346993
Organization Overview
Project 828 Foundation is located in Spring, TX. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 828 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 12/2023, Project 828 Foundation generated $123.3k 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 (10.3%) each year. All expenses for the organization totaled $157.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT 828 FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, MORE SPECIFICALLY, TO HELP ENHANCE THE QUALITY OF LIFE OF ECONOMICALLY DISADVANTAGED PEOPLE THROUGH VARIOUS SUPPORT SERVICES. THE FOUNDATION HAS A VARIETY OF DIFFERENT PROGRAMS. ONE PROGRAM WILL COLLECT AND WAREHOUSE SLIGHTLY USED FURNISHINGS AND HOME DECOR TO BLESS ORPHANS, FOSTER CHILDREN, CHILDREN WITH CANCER AND CERTAIN OTHER FAMILIES THAT HAVE FACED ADVERSE SITUATIONS BY PROVIDING A MORE LIVABLE ATMOSPHERE. ANOTHER PROGRAM AIMS TO DEVELOP SELFLESS ATTITUDES WITHIN YOUNG ATHLETES BY OPENING THEIR EYES TO THE NEEDS OF ORPHANS IN VARIOUS PLACES OF THE WORLD AND TO CHILDREN WHO HAVE BEEN ORPHANED OR PLACED IN THE FOSTER SYSTEM WITHIN THE UNITED STATES OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SLIGHTLY USED FURNISHINGS AND HOME DECOR TO BLESS ORPHANS, FOSTER CHILDREN, CHILDREN WITH CANCER AND CERTAIN OTHER FAMILIES THAT HAVE FACED ADVERSE SITUATIONS BY PROVIDING A MORE LIVABLE ATMOSPHERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Boyd President, D | OfficerTrustee | 7 | $0 |
Staci Earnest Secretary/di | Trustee | 1 | $0 |
Sheri Henderson Treasurer | Trustee | 1 | $0 |
David Henderson Director | 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 | $123,324 |
| Noncash contributions included in lines 1a–1f | $72,110 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,324 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $123,324 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,958 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,815 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,252 |
| Office expenses | $11,715 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,858 |
| Travel | $3,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,705 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,601 |
| All other expenses | $1,853 |
| Total functional expenses | $157,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,719 |
| Savings and temporary cash investments | $0 |
| 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 | $128,002 |
| 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 | $132,721 |
| Accounts payable and accrued expenses | $1,777 |
| 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 | $84,753 |
| Total liabilities | $86,530 |
| Net assets without donor restrictions | $46,191 |
| 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 | $132,721 |