Paper Airplanes Inc
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-4278267
Organization Overview
Paper Airplanes Inc is located in Princeton, NJ. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paper Airplanes 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, Paper Airplanes Inc generated $84.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $111.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PAPER AIRPLANES IS A NONPROFIT THAT PROVIDES ONE ON ONE VIRTUAL LANGUAGE AND SKILLS INSTRUCTION TO PEOPLE AFFECTED BY CONFLICT. THESE INDIVIDUALS ARE TAUGHT CRITICAL LANGUAGE AND MARKETABLE SKILLS FOR THEIR PURSUIT OF HIGHER EDUCATION AND EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Peebles Managing Director | 40 | $16,100 | |
Muriel Carpenter Treasurer | 2 | $0 | |
Mike Sobaski Director | 1 | $0 | |
Bailey Ulbricht Chair/secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,401 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,401 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,651 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,979 |
| Total expenses | $111,630 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,581 |
| Other assets | $0 |
| Total assets | $4,581 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,581 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Paper Airplanes Inc has recieved totaling $1,036.
| Awarding Organization | Amount |
|---|---|
Skoll Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |