Chara Project
- Assets
- $64.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sandy, UT
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 84-3819978
Organization Overview
Chara Project is located in Sandy, UT. The organization was established in 2020. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chara 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, Chara Project generated $74.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $57.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Erickson President, T | 25 | $5,000 | |
Sarah West Vp, Secretar | 25 | $5,000 | |
Jenny Howell Board Direct | 25 | $8,500 | |
Bruce Juhlin Board Member | 0.75 | $0 | |
Christy Trost Board Member | 0.75 | $0 | |
Hally Hanssen Board Member | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,074 |
| Total Program Service Revenue | $3,145 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,231 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,148 |
| Professional fees and other payments to independent contractors | $16,938 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,202 |
| Other expenses | $21,751 |
| Total expenses | $57,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,418 |
| Other assets | $0 |
| Total assets | $63,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,950 |