Project Management Institute Educational Foundation
- Assets
- $4.8m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown Square, PA
- Founding
- 04/1991
- Data as of
- 12/2021
- EIN
- 23-2630701
Organization Overview
Project Management Institute Educational Foundation, operating under the name Same As Above, is located in Newtown Square, PA. The organization was established in 1991. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Same As Above 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, Same As Above generated $4.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Same As Above has awarded 35 individual grants totaling $5,856,236. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEVERAGING PROJECT MANAGEMENT FOR SOCIAL GOOD.
Describe the Organization's Program Activity:
EXPANDING EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS THROUGH ACADEMIC AND WORK-BASED LEARNING OPPORTUNITIES.
PREPARING YOUTH AGED 5-19 FOR SUCCESS IN LIFE BY USING PROJECTS TO TEACH THEM CRITICAL APPLIED SKILLS WITH A FOCUS ON YOUTH SERVING NON-PROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ram Dokka Director, Chair | OfficerTrustee | 5 | $0 |
Eric Norman Director, Secretary | OfficerTrustee | 5 | $0 |
Ayodeji Ishmael Director, Treasurer | OfficerTrustee | 5 | $0 |
Olivier Lazar COO | Officer | 10 | $0 |
Sunil Prashara President & CEO | Officer | 5 | $0 |
Michael Deprisco COO Of Pmi | Officer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Durable Digital Inc It Services | 12/30/20 | $309,075 |
Claudia Baca Proj Mgmt Consulting Prog Serv Consulting | 12/30/20 | $160,427 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,940,784 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,239,863 |
| Total Program Service Revenue | $0 |
| Investment income | $272,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $303,045 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$12,941 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,802,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,062,070 |
| Grants and other assistance to domestic individuals. | $12,341 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,218,980 |
| 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 | $855,456 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,727 |
| Fees for services: Other | $152,037 |
| Advertising and promotion | $883 |
| Office expenses | $11,273 |
| Information technology | $22,615 |
| 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 | $111,462 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,481,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,394,554 |
| Savings and temporary cash investments | $11,651 |
| 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 | $3,296,955 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $52,895 |
| Other assets | $0 |
| Total assets | $4,756,055 |
| Accounts payable and accrued expenses | $56,890 |
| Grants payable | $1,760,811 |
| 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 | $1,817,701 |
| Net assets without donor restrictions | -$1,178,397 |
| Net assets with donor restrictions | $4,116,751 |
| 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 | $4,756,055 |
Grants Awarded
Over the last fiscal year, Project Management Institute Educational Foundation has awarded $1,062,070 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Blackwood, NJ PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $500,000 |
Kansas City, MO PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $231,070 |
Alexandria, VA PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $181,000 |
Colorado Springs, CO PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project Management Institute Educational Foundation has recieved totaling $3,940,784.
| Awarding Organization | Amount |
|---|---|
Project Management Institute Inc Newtown Square, PA PURPOSE: EDUCATIONAL | $3,940,784 |
Endowment Analysis
| Beg. Balance | $3,810,199 |
| Earnings | $423,084 |
| Other Expense | $1,057,557 |
| Grants | $5,536 |
| Ending Balance | $3,170,190 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manufacturing Advocacy & Growth Network Inc Cleveland, OH | $11,290,279 | $13,226,451 |
Spiritrust Lutheran Life Chambersburg, PA | $3,486,716 | $9,493,796 |
Ridc Southwestern Pennsylvania Growth Fund Pittsburgh, PA | $94,671,467 | $5,640,315 |
Project Management Institute Educational Foundation Newtown Square, PA | $4,756,055 | $4,802,761 |
People For People Community Development Corporation Philadelphia, PA | $6,238,407 | $1,301,156 |
Civic Concourse Village Corporation New York, NY | $28,206,759 | $2,332,033 |
Ridc Mill 19a Pittsburgh, PA | $29,613,197 | $2,172,080 |
Umb Health Sciences Research Park Corporation Baltimore, MD | $16,268,947 | $1,917,755 |
Cincinnati Business Committee Cincinnati, OH | $2,454,337 | $2,320,929 |
Council Of Development Finance Agenices Columbus, OH | $1,148,923 | $1,718,525 |
Circulo Real Property Holding Corporation Garden City, NY | $14,540,047 | $1,206,514 |
Downtown Committee Of Syracuse Inc Syracuse, NY | $1,105,419 | $1,527,939 |