Project Redesign Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$252,616.00
Projected Expenses
$240,364.00
Organizational Budgets and Other Documents
| Budget | 2024 |
| Budget | 2023 |
| Budget | 2022 |
IRS Letter of Exemption
| IRS Letter of Determination | 2011 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $157,634.00 | $91,639.00 | $78,923.00 |
| Total Expenses | $135,013.00 | $83,832.00 | $56,455.00 |
| Revenue Less Expenses | $22,621.00 | $7,807.00 | $22,468.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $16,000.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $104,675.00 | $72,388.00 | $62,684.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $41,502.00 | $18,985.00 | $0.00 |
| Investment Income, Net of Losses | $594.00 | $266.00 | $10.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $10,863.00 | $0.00 | $229.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $79,462.00 | $83,832.00 | $56,455.00 |
| Administration Expense | $55,551.00 | $0.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 117% | 109% | 140% |
| Program Expense/Total Expenses | 59% | 100% | 100% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $104,675.00 | Contributions, Gifts, and Grants $72,388.00 | Contributions, Gifts, and Grants $62,684.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $41,502.00 | Program Revenue $18,985.00 | Foundations and Corporations $16,000.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $10,863.00 | Investment Income $266.00 | Other Revenue $229.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $210,497.00 | $145,930.00 | $147,513.00 |
| Current Assets | $146,918.00 | $145,395.00 | $147,513.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $41,946.00 | $0.00 | $9,840.00 |
| Total Net Assets | $168,551.00 | $145,930.00 | $137,673.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
| 990 | 2023 |
| 2022 Form 990 | 2022 |
| 2021 990 - Project Redesign | 2021 |
| Form 990 | 2020 |
| Form 990 | 2019 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial figures taken from Form 990EZ. Form 990 was prepared internally by the nonprofit. In some years, Schedule B removed to protect donor privacy. In other years, foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts were not separated in Form 990EZ. Comments provided by Nicole Rose 04/19/2024. |
