Bail Project Inc
- Assets
- $72.6m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 207
- Location
- Venice, CA
- Founding
- 08/2017
- Data as of
- 06/2023
- EIN
- 81-4985512
Organization Overview
Bail Project Inc is located in Venice, CA. The organization was established in 2017. According to its NTEE Classification (I44) the organization is classified as: Prison Alternatives, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2023, Bail Project Inc employed 207 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bail 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 06/2023, Bail Project Inc generated $14.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $18.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bail Project Inc has awarded 36 individual grants totaling $7,299,306. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PAYS BAIL FOR PEOPLE IN NEED, REUNITING FAMILIES AND RESTORING THE PRESUMPTION OF INNOCENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL YEAR 2023, THE BAIL PROJECT MARKED SIX YEARS OF OPERATIONS WITH MORE THAN 30,000 INDIVIDUALS HELPED NATIONWIDE AND OVER $81 MILLION IN FREE BAIL ASSISTANCE. THE BAIL PROJECT SUPPORTED THESE CLIENTS IN MORE THAN 111,000 COURT DATES FOR A 92% COURT APPEARANCE RATE, OFFERING FURTHER EVIDENCE THAT CASH BAIL IS NOT A NECESSARY INCENTIVE TO ENSURE PEOPLE RETURN TO COURT. THIS HIGH RETURN TO COURT RATE CONTINUES TO ENSURE THE SUSTAINABILITY OF THE BAIL PROJECT'S NATIONAL REVOLVING BAIL FUND WITH 91% OF BAIL PAYMENTS RETURNING AFTER CASES CLOSE AND ALLOWING THE ORGANIZATION TO HELP ADDITIONAL PEOPLE. IN FY23, THE BAIL PROJECT CONTINUED ITS WORK TO ADVANCE EVIDENCE-BASED PRETRIAL POLICY REFORMS AT THE LOCAL, STATE, AND NATIONAL LEVELS THROUGH LEGISLATIVE ADVOCACY, RESEARCH, PUBLIC EDUCATION, AND STORYTELLING. TAKEN ALONGSIDE OUR DIRECT SERVICES, OUR ADVOCACY WORK ENGAGES AUDIENCES WITH FACTS ABOUT BAIL, HUMAN STORIES, AND OUR RESEARCH TO LEVEL THE PLAYING FIELD FOR THOUSANDS OF PEOPLE EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Steinberg Ceo To 323 Ceo/board Member/advisor | OfficerTrustee | 40 | $528,600 |
Michael E Novogratz Chair | OfficerTrustee | 1 | $0 |
Elizabeth Luckett Vice Chair | OfficerTrustee | 1 | $0 |
Lili Lynton Treasurer | OfficerTrustee | 1 | $0 |
Zachary Herz-Roiphe Secretary (as Of 8/22) | OfficerTrustee | 1 | $0 |
Reginald Betts Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gilmore Khandhar Llc Legal Services | 6/29/23 | $244,269 |
Attain Consulting Group Strategic Consulting | 6/29/23 | $162,733 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,875,537 |
| Noncash contributions included in lines 1a–1f | $43,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,100,537 |
| Total Program Service Revenue | $0 |
| Investment income | $912,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$94 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,128,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,902,273 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $961,571 |
| Compensation of current officers, directors, key employees. | $97,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,901,789 |
| Pension plan accruals and contributions | $223,806 |
| Other employee benefits | $834,859 |
| Payroll taxes | $815,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $257,325 |
| Fees for services: Accounting | $133,203 |
| Fees for services: Lobbying | $156,225 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $605,776 |
| Advertising and promotion | $48,912 |
| Office expenses | $135,850 |
| Information technology | $331,581 |
| Royalties | $0 |
| Occupancy | $225,383 |
| Travel | $443,910 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,796 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,482 |
| Insurance | $141,550 |
| All other expenses | $6,201 |
| Total functional expenses | $18,282,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,610,213 |
| Savings and temporary cash investments | $16,133,837 |
| Pledges and grants receivable | $3,500,459 |
| Accounts receivable, net | $21,047,788 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,416,600 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $51,749 |
| Investments—publicly traded securities | $23,338,871 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $521,440 |
| Total assets | $72,620,957 |
| Accounts payable and accrued expenses | $699,668 |
| 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 | $88,797 |
| Total liabilities | $788,465 |
| Net assets without donor restrictions | $47,275,598 |
| Net assets with donor restrictions | $24,556,894 |
| 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 | $72,620,957 |
Grants Awarded
Over the last fiscal year, Bail Project Inc has awarded $2,894,934 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LAWNDALE CHRISTIAN LEGAL CENTER PURPOSE: PROVIDE BAILOUT AND COMMUNITY RELEASE SUPPORTIVE SERVICES TO CLIENTS | $1,575,000 |
OPERATION RESTORATION PURPOSE: PROVIDE BAILOUT AND COMMUNITY RELEASE SUPPORTIVE SERVICES TO CLIENTS | $751,884 |
FREEDOM COMMUNITY CENTER INC PURPOSE: PROVIDE BAILOUT AND COMMUNITY RELEASE SUPPORTIVE SERVICES TO CLIENTS | $300,000 |
HIGHLANDER RESEARCH EDUCATION CENTER PURPOSE: PROVIDE BAILOUT AND COMMUNITY RELEASE SUPPORTIVE SERVICES TO CLIENTS | $100,000 |
TEXAS ORGANIZING PROJECT PURPOSE: PROVIDE BAILOUT AND COMMUNITY RELEASE SUPPORTIVE SERVICES TO CLIENTS | $96,000 |
CRAVEN COUNTY COMMUNITY BAIL FUND PURPOSE: PROVIDE BAILOUT AND COMMUNITY RELEASE SUPPORTIVE SERVICES TO CLIENTS | $53,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bail Project Inc Venice, CA | $72,620,957 | $14,128,946 |
Next Door Inc Hood River, OR | $5,755,623 | $8,458,925 |
Resource Environment For Under- Privileged Groups Enterprise Oakland, CA | $1,613,472 | $4,155,982 |
U-Turn Foundation Mesa, AZ | $1,845,146 | $3,276,833 |
Critical Resistance Oakland, CA | $3,296,842 | $1,014,329 |
Compassion Prison Project Los Angeles, CA | $956,841 | $1,198,323 |
Cotta-Brown Group Home Fresno, CA | $164,604 | $750,839 |
Sentencing Alternatives Program Inc San Jose, CA | $91,957 | $330,227 |
Marion County Victim Impact Panel Inc Keizer, OR | $33,610 | $0 |
Start-Opp Corporation Phoenix, AZ | $51,296 | $0 |
Alameda Pfs Spv 1 San Francisco, CA | $0 | $0 |