Project Peanut Butter
- Assets
- $330.9k
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Maplewood, MO
- Founding
- 08/2004
- Data as of
- 12/2021
- EIN
- 59-3785405
Organization Overview
Project Peanut Butter is located in Maplewood, MO. The organization was established in 2004. 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 12/2021, Project Peanut Butter employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Peanut Butter 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, Project Peanut Butter generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT PEANUT BUTTER (PPB) SEEKS TO ADVANCE THE TREATMENT OF SEVERE MALNUTRITION, THE SINGLE LARGEST CAUSE OF CHILD DEATHS IN THE WORLD TODAY, USING EFFECTIVE, LOCALLY PRODUCED READY-TO-USE THERAPEUTIC FOODS. THIS NONPROFIT IS FORMED TO PROVIDE NEEDED NUTRITIONAL AND MEDICAL SUPPORT PRIMARILY TO CHILDREN SUFFERING FROM SEVERE ACUTE MALNUTRITION IN SUB- SAHARAN AFRICA AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDS TO PRODUCE READY-TO-USE THERAPEUTIC FOOD (RUTF) FOR MALNOURISHED CHILDREN IN MALI, MALAWI, SIERRA LEONE, GHANA, & IVORY COAST AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Schmidt President | OfficerTrustee | 1 | $0 |
Roy D Sievert Treasurer | OfficerTrustee | 1 | $0 |
Joan D Sievert Secretary | OfficerTrustee | 0.5 | $0 |
Katie O'brien Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,390,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,446,552 |
| Total Program Service Revenue | $0 |
| Investment income | $2,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,314 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,451,055 |
| 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 | $1,340,299 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,704 |
| Compensation of current officers, directors, key employees. | $35,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,608 |
| Pension plan accruals and contributions | $4,212 |
| Other employee benefits | $0 |
| Payroll taxes | $15,271 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,367 |
| Advertising and promotion | $2,269 |
| Office expenses | $24,710 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,410 |
| 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 | $83 |
| Insurance | $16,824 |
| All other expenses | $10,204 |
| Total functional expenses | $3,243,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,471 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,418 |
| Investments—publicly traded securities | $54,022 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $330,911 |
| Accounts payable and accrued expenses | $120,537 |
| 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 | $120,537 |
| Net assets without donor restrictions | $210,374 |
| 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 | $330,911 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project Peanut Butter has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Lawrence And Sherian Washington Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
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