Project N95
- Assets
- $622.1k
- Revenue
- $621.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-0570065
Organization Overview
Project N95 is located in Brooklyn, NY. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Project N95 employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project N95 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 12/2023, Project N95 generated $621.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Project N95 has awarded 11 individual grants totaling $166,747. 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
TO PROTECT COMMUNITIES AND THE PEOPLE WHO LIVE AND WORK IN THEM BY PROVIDING EQUITABLE ACCESS TO THE RESOURCES THEY NEED TO STAY SAFE THROUGH THE COVID-19 PANDEMIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-PROFIT MARKETPLACE FOR PERSONAL PROTECTIVE EQUIPMENT (PPE) AND COVID-19 DIAGNOSTIC TESTS THAT ENABLE THE PUBLIC AND FRONTLINE WORKERS TO PURCHASE LOW ORDER QUANTITIES OF VETTED PPE ITEMS. RETAIL ECOMMERCE WAS 100% OF ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Bahk Board Member | Trustee | 1 | $0 |
Kate Goodrich Board Member | Trustee | 1 | $0 |
Rob Handfiled Board Member | Trustee | 1 | $0 |
Pamela Riley Board Member | Trustee | 1 | $0 |
Joseph Titlebaum Board Member | Trustee | 1 | $0 |
Geoffrey Bonn Cfo/coo | Officer | 40 | $97,457 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Geoffrey Bonn Cfo Services | 12/30/22 | $123,340 |
Edward Dias Angle Creative Llc Technology Consulting | 12/30/22 | $216,000 |
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 | $82,835 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,835 |
| Total Program Service Revenue | $523,400 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,950 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $621,185 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $134,180 |
| 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. | $97,457 |
| Compensation of current officers, directors, key employees. | $14,618 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $134,222 |
| Payroll taxes | $19,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,132 |
| Fees for services: Accounting | $45,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,002,115 |
| Advertising and promotion | $0 |
| Office expenses | $32,466 |
| Information technology | $120,396 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,204 |
| Insurance | $59,256 |
| All other expenses | $11,534 |
| Total functional expenses | $1,940,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $622,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60 |
| 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 | $622,141 |
| Accounts payable and accrued expenses | $146,337 |
| 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 | $475,804 |
| Total liabilities | $622,141 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $622,141 |
Grants Awarded
Over the last fiscal year, Project N95 has awarded $56,824 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SECOND HARVEST SILICON VALLEY PURPOSE: PERSONAL PROTECTION | $6,096 |
CHICAGO PUBLIC SCHOOLS (GEORGE WASHINGTON HS) PURPOSE: CLEAN AIR FOR SCHOOLS | $13,960 |
HOUSE OF REFUGE DISTRIBUTION CENTER PURPOSE: PERSONAL PROTECTION | $6,490 |
REFUGEE AND IMMIGRANT SERVICES PURPOSE: PERSONAL PROTECTION | $6,300 |
POOR PEOPLE'S CAMPAIGN PURPOSE: PERSONAL PROTECTION | $12,000 |
CAMDEN PUBLIC SCHOOLS PURPOSE: CLEAN AIR FOR SCHOOLS | $11,978 |