Project 48 Inc
- Assets
- $35.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/2019
- Data as of
- 12/2020
- EIN
- 83-4515483
Organization Overview
Project 48 Inc is located in Portland, OR. The organization was established in 2019. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project 48 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 12/2020, Project 48 Inc generated $102.7k in total revenue. All expenses for the organization totaled $69.7k during the year ending 12/2020. While expenses have increased by 161.6% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
A TOTAL OF 969 BAGS OF NEW CLOTHING AND TOILETRIES WERE DELIVERED TO TRANSITIONING FOSTER YOUTH IN 2020.
A TOTAL OF 969 BAGS OF NEW CLOTHING AND TOILETRIES WERE DELIVERED TO TRANSITIONING FOSTER YOUTH IN 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandy Memory CEO | 21 | $0 | |
Tonya Daniels CFO | 21 | $0 | |
Carly Salazar Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,690 |
| 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 | $102,690 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $50 |
| Occupancy, rent, utilities, and maintenance | $6,616 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,030 |
| Total expenses | $69,696 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,656 |
| Other assets | $0 |
| Total assets | $35,649 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,649 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Project 48 Inc has recieved totaling $34,165.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $18,865 |
Oregon Community Foundation Portland, OR PURPOSE: Child Welfare | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tlc Child & Family Services Sebastopol, CA | $10,600,685 | $10,323,976 |
Community And Family Services Foundation Port Orchard, WA | $3,872,993 | $9,803,112 |
Dangerfield Institute Of Urban Problems Los Angeles, CA | $3,593,786 | $8,030,981 |
Greater Hope Foundation For Children Victorville, CA | $2,132,490 | $8,882,753 |
United Friends Of The Children Los Angeles, CA | $10,288,799 | $8,333,326 |
Northern California Youth And Family Program Chico, CA | $5,156,104 | $6,849,745 |
Kern Bridges Youth Homes Bakersfield, CA | $3,513,705 | $6,543,127 |
Creative Solutions For Kids & Families Inc Moreno Valley, CA | $2,485,684 | $6,327,028 |
Parents By Choice Inc Stockton, CA | $3,088,771 | $6,027,593 |
Golden State Family Services Inc Kingburg, CA | $3,243,723 | $6,191,728 |
Ark Homes Foster Family Agency Rancho Cucamonga, CA | $1,832,919 | $5,771,156 |
Specialized Alternatives For Families And Youth Of Nevada Inc Las Vegas, NV | $548,680 | $5,348,345 |