Project 42
- Assets
- $8.0k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific, WA
- Founding
- Data as of
- 12/2022
- EIN
- 84-4888807
Organization Overview
Project 42 is located in Pacific, WA. Project 42 is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Project 42 generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 69.7% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 73.4% per year over the past 3 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.
Since 2020, Project 42 has awarded 11 individual grants totaling $1,813,096. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT BUILDING INFRASTRUCTURE IN WASHINGTON STATE AROUND FREE MARKETS, PERSONAL LIBERTY, AND PUBLIC SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPACITY GROUPS - OUR APPROACH IS TO BUILD A DURABLE CONSERVATIVE INFRASTRUCTURE THAT WILL CHANGE THE STATUS QUO OVER TIME. THE KEY COMPONENTS OF OUR APPROACH ARE: IDENTIFY CORE CAPACITIES THAT NEED TO BE BUILT OR FINANCED. IDENTIFY, VET AND INVEST IN THE MOST EFFECTIVE ORGANIZATIONS TO BUILD THESE CAPACITIES. RUN THOSE ORGANIZATIONS LIKE BUSINESSES CREATING GOALS AND METRICS TO MEASURE OUTCOMES. MOST IMPORTANTLY, THE WORK OF THIS DURABLE INFRASTRUCTURE WILL NEVER STOP. PROJECT 42 WILL CONTINUE TO BUILD FOR THE LONG-TERM. CAPACITY GROUPS FOR 2022 INCLUDE A FEMALE CANDIDATE RECRUITING AND TRAINING PLATFORM, A MEDIA OPERATIONS ORGANIZATION THAT FOCUSES ON ACCOUNTABILITY AND PUBLIC SAFETY ISSUES IN SEATTLE, AND A NEWS FOUNDATION ORGANIZATION THAT ENSURES STORIES IN THE NEWS TELL THE TAXPAYERS' POINT OF VIEW, A CONSTITUTIONAL LEGAL DEFENSE FUND, AND A MEDIA PLATFORM HIGHLIGHTING STATEWIDE POLICY ISSUES. NEW IN 2022 IS A CONSTITUTIONAL LEGAL DEFENSE ORGANIZATION, STATEWIDE POLICY ADVOCACY PLATFORM, AND A PARTNERSHIP WORKING TO HIGHLIGHT HOMELESS SOLUTIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Gordon Chair/treasurer | OfficerTrustee | 5 | $0 |
Brian Heywood Vice Chair/secretary | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mead Smith Group Leadership & Fundraising Consulting | 12/30/22 | $264,129 |
Iron Light Future 42 Management Services | 12/30/22 | $205,000 |
The Poliak Group Public Relations | 12/30/22 | $242,305 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,970,460 |
| Noncash contributions included in lines 1a–1f | $256,182 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,970,460 |
| Total Program Service Revenue | $0 |
| Investment income | $516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,553 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,968,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,100,600 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,874 |
| Fees for services: Accounting | $3,422 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $327,584 |
| Advertising and promotion | $74,542 |
| Office expenses | $2,333 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,421 |
| 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 | $0 |
| Insurance | $7,967 |
| All other expenses | $0 |
| Total functional expenses | $2,093,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,976 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,976 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $7,976 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $7,976 |
Grants Awarded
Over the last fiscal year, Project 42 has awarded $1,095,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LEAGUE OF OUR OWN WASHINGTON PURPOSE: FEMALE CANDIDATE RECRUITING AND TRAINING | $151,965 |
CHANGE WA PURPOSE: SUPPORT ACCOUNTABILITY AND PUBLIC SAFETY ISSUES IN SEATTLE | $20,000 |
FRANKLIN NEWS FOUNDATION PURPOSE: PROMOTE JOURNALISM AND EDUCATION OF THE PUBLIC | $798,635 |
CITIZENS ACTION DEFENSE FUND PURPOSE: FUND LITIGATION AND COURT EDUCATION PROJECT PURPOSES | $75,000 |
DISCOVERY INSTITUTE PURPOSE: SUPPORT THE HOMELESS AND PUBLIC SAFETY ISSUES | $50,000 |