Project Able
- Assets
- $708.7k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 35
- Location
- Salem, OR
- Founding
- 09/2004
- Data as of
- 06/2021
- EIN
- 81-0641200
Organization Overview
Project Able is located in Salem, OR. The organization was established in 2004. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Project Able employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Able 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 06/2021, Project Able generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $905.5k during the year ending 06/2021. While expenses have increased by 5.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PEER-TO-PEER SERVICES AND SUPPORTS FOR INDIVIDUALS RECOVERING FROM MENTAL HEALTH AND/OR CO-OCCURRING ISSUES. THE SUPPORT AND SERVICES PROVIDED EMBRACE HUMAN DIGNITY, EXPAND THE CAPACITY FOR INDIVIDUALS TO RECOVER, AND PROMOTE LIFELONG EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEER-TO-PEER MENTAL HEALTH SERVICE AND SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Eichhorn Former Co-Executive Director | 0 | $3,749 | |
Nancy Snider Former Co-Exectutive Director | 0 | $3,749 | |
Eric Olsen President | Officer | 4 | $0 |
Rebecca Tish Secretary | Officer | 4 | $0 |
Lars H Olsen Member | Trustee | 2.5 | $0 |
Michelle M Harrington Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $961,543 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,053 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $964,596 |
| Total Program Service Revenue | $40,904 |
| Investment income | $498 |
| 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 | $1,005,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,485 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,899 |
| Compensation of current officers, directors, key employees. | $51,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $455,842 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $102,300 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $680 |
| Office expenses | $20,094 |
| Information technology | $17,280 |
| Royalties | $0 |
| Occupancy | $50,411 |
| Travel | $4,787 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,352 |
| All other expenses | $457 |
| Total functional expenses | $905,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $648,220 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,447 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $708,667 |
| Accounts payable and accrued expenses | $20,075 |
| 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 | $144,492 |
| Other liabilities | $0 |
| Total liabilities | $164,567 |
| Net assets without donor restrictions | $544,100 |
| 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 | $708,667 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project Able has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Martin-Baley Family Foundation Bend, OR PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Veterans Initiative Los Angeles, CA | $32,025,369 | $76,804,139 |
Info Line Of San Diego County San Diego, CA | $9,107,197 | $22,038,260 |
Mountain Shadows Support Group San Marcos, CA | $26,697,621 | $20,031,802 |
Regional Task Force On The Homeless Inc San Diego, CA | $15,091,904 | $18,439,880 |
Friends Of Tavarua Buellton, CA | $880,613 | $12,480,036 |
Pacific Mountain Workforce Development Council Tumwater, WA | $1,862,261 | $9,108,995 |
Fleming & Barnes Pls Vrds Pnsl, CA | $2,999,486 | $8,310,675 |
Center For Individual And Family Therapy Santa Ana, CA | $970,962 | $4,778,086 |
Family Services Moses Lake, WA | $4,163,175 | $3,727,226 |
Life Steps Foundation Inc Los Angeles, CA | $11,505,717 | $4,524,528 |
Carina Seattle, WA | $2,899,581 | $3,770,022 |
Hospital Quality Institute Sacramento, CA | $3,614,502 | $3,942,442 |