1017 Project is located in Powell Butte, OR. The organization was established in 2019. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, 1017 Project employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1017 Project 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 12/2022, 1017 Project generated $555.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $524.5k during the year ending 12/2022. While expenses have increased by 25.4% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SUSTAINABLE SUPPLY OF HIGH QUALITY BEEF TO LOCAL FOOD BANKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 1017 PROJECT IS A "BARRIER-FREE" PROGRAM THAT GETS PROTEIN INTO THE HANDS OF FOOD-INSECURE PEOPLE, REGARDLESS OF WHETHER OR NOT THEY QUALIFY FOR ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lacey Weaver Secretary | OfficerTrustee | 23 | $29,168 |
Jerry Hicks Director/chair | Trustee | 5 | $0 |
Neal Cross Director | Trustee | 5 | $0 |
Dana Martin Director | Trustee | 5 | $0 |
Jordon Weaver Executive Director | OfficerTrustee | 18 | $18,168 |
Holly Mclane Director | OfficerTrustee | 23 | $27,816 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $34,950 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $281,359 |
Noncash contributions included in lines 1a–1f | $34,671 |
Total Revenue from Contributions, Gifts, Grants & Similar | $316,309 |
Total Program Service Revenue | $209,850 |
Investment income | $2 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $23,821 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $5,112 |
Miscellaneous Revenue | $0 |
Total Revenue | $555,094 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,151 |
Compensation of current officers, directors, key employees. | $32,714 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,727 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,022 |
Fees for services: Management | $1,338 |
Fees for services: Legal | $2,770 |
Fees for services: Accounting | $6,376 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $17,315 |
Office expenses | $5,162 |
Information technology | $8,168 |
Royalties | $0 |
Occupancy | $1,050 |
Travel | $665 |
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 | $27,688 |
Insurance | $15,059 |
All other expenses | $20,181 |
Total functional expenses | $524,465 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $218,957 |
Savings and temporary cash investments | $655 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,211 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $123,847 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $306,184 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $5,333 |
Other assets | $0 |
Total assets | $656,187 |
Accounts payable and accrued expenses | $1,717 |
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 | $1,717 |
Net assets without donor restrictions | $0 |
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 | $654,470 |
Total liabilities and net assets/fund balances | $656,187 |