The Expectations Project Inc
- Assets
- $293.2k
- Revenue
- $821.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Washington, DC
- Founding
- 04/2013
- Data as of
- 12/2021
- EIN
- 90-0787411
Organization Overview
The Expectations Project Inc is located in Washington, DC. The organization was established in 2013. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Expectations Project Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Expectations Project 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 12/2021, Expectations Project Inc generated $821.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $637.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EXPECTATIONS PROJECT PARTNERS WITH FAITH MOTIVATED INDIVIDUALS, LEADERS, CONGREGATIONS, AND ORGANIZATIONS TO DEVELOP LOCAL AND NATIONAL CAMPAIGNS THAT HELP ENACT TRANSFORMATIONAL CHANGE FOR LOW INCOME PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND PROMOTION OF RESOURCES - IN CONJUNCTION WITH A GROUP OF GOSPEL AND HIP-HOP ARTISTS, THE ORGANIZATION RECORDED AND ANIMATED A SERIES OF SHORT VIDEOS AND ACCOMPANYING MATERIALS TO SHARE WITH THEIR FAN BASES INFORMATION ON THE EFFECTS OF TRAUMA ON YOUNG PEOPLE AND THEIR ABILITY TO LEARN.
NATIONAL ADVOCACY CAMPAIGNS - THE ORGANIZATION LAUNCHED A SERIES OF AWARENESS CAMPAIGNS USING VIDEO, E-MAIL, LETTER-WRITING, AND SOCIAL MEDIA TO RAISE AWARENESS OF EDUCATION EQUITY ISSUES EXACERBATED BY THE PANDEMIC AND OF THE IMPORTANCE OF MENTAL HEALTH SUPPORTS FOR STUDENTS. THIS INCLUDED CUSTOMIZED LETTER-WRITING CAMPAIGNS WITH MORE THAN 3,000 INDIVIDUALS WRITING MORE THAN 9,000 LETTERS.
SUPPORTING THE WORK OF TEACHERS - THE ORGANIZATION WORKED WITH TEACHERS WORKING AT SCHOOLS WITH LOW-INCOME STUDENTS TO HELP THEM ADDRESS THE IMPACT OF THE CORONAVIRUS ON THEIR STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zakiya Jackson Director And President | OfficerTrustee | 40 | $126,435 |
Brian Acker Housman Vice President Of Operations | 40 | $113,007 | |
Nicole Baker Fulgham President (until August 2021) | OfficerTrustee | 40 | $105,455 |
Jay Hein Chairman | OfficerTrustee | 0.3 | $0 |
Sekou Biddle Director | Trustee | 0.3 | $0 |
Tracy-Elizabeth Clay Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,295 |
| All other contributions, gifts, grants, and similar amounts not included above | $703,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $821,704 |
| Total Program Service Revenue | $0 |
| Investment income | $33 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $821,737 |
| 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. | $242,367 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $234,984 |
| Pension plan accruals and contributions | $1,445 |
| Other employee benefits | $13,369 |
| Payroll taxes | $40,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $939 |
| Fees for services: Accounting | $10,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,709 |
| Advertising and promotion | $4,921 |
| Office expenses | $7,156 |
| Information technology | $10,276 |
| Royalties | $0 |
| Occupancy | $1,195 |
| Travel | $1,267 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $320 |
| Interest | $200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,336 |
| Insurance | $956 |
| All other expenses | $746 |
| Total functional expenses | $637,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,138 |
| Savings and temporary cash investments | $200,028 |
| Pledges and grants receivable | $1,125 |
| 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 | $3,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $285 |
| Total assets | $293,232 |
| Accounts payable and accrued expenses | $12,315 |
| 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 | $12,315 |
| Net assets without donor restrictions | $280,917 |
| 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 | $293,232 |
Grants Awarded
Over the last fiscal year, The Expectations Project Inc has awarded $70,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO SUPPORT THE ADOPTION OF TRAUMA-INFORMED CARE AS A MAJOR ISSUE OF ADVOCACY AND EDUCATION WITHIN THE DENOMINATION | $20,000 |
Indianapolis, IN PURPOSE: TO SUPPORT THE EDUCATION OF CLERGY IN INDIANAPOLIS ON THE IMPORTANCE OF HIGH QUALITY EARLY CHILDHOOD EDUCATION | $20,000 |
Chicago, IL PURPOSE: TO SUPPORT THE ADOPTION OF TRAUMA-INFORMED CARE AS A MAJOR ISSUE OF ADVOCACY AND EDUCATION WITHIN THE DENOMINATION | $15,000 |
Nashville, TN PURPOSE: INCREASED KEY FAITH LEADERS' KNOWLEDGE AND COMMITMENT TO WORK FOR LONG-TERM SYSTEMIC CHANGE TO IMPROVE EDUCATIONAL OUTCOMES FOR STUDENTS OF COLOR AND CHILDREN IN LOW-INCOME COMMUNITIES. | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Expectations Project Inc has recieved totaling $600,000.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: PUBLIC AWARENESS AND ANALYSIS | $600,000 |
Peer Organizations
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|---|---|---|
The Seminar Network Inc Arlington, VA | $360,026,954 | $278,674,897 |
Old Dominion Land Conservancy Inc Purcellville, VA | $5,990,691 | $40,101,797 |
Maryland Innovation And Security Institute Inc Baltimore, MD | $10,081,190 | $24,715,450 |
Community Action Council Of Howard County Md Inc Columbia, MD | $15,922,810 | $23,897,066 |
Cal Ripken Sr Foundation Inc Baltimore, MD | $24,973,997 | $16,406,660 |
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |