Project Redesign Inc
- Assets
- $210.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/2011
- Data as of
- 12/2023
- EIN
- 27-3346724
Organization Overview
Project Redesign Inc is located in Nashville, TN. The organization was established in 2011. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Redesign 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 12/2023, Project Redesign Inc generated $157.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $135.0k during the year ending 12/2023. While expenses have increased by 34.4% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROJECT REDESIGN INCREASED HOME FURNISHING INSTALLS FROM 47 IN 2022 TO 88 IN 2023 ASSISTING 152 CHILDREN, 187 ADULTS FOR A TOTAL OF 339.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellie Billington Director | 1 | $0 | |
Karen Moore President | 15 | $0 | |
Bently Palmer Secretary | 2 | $0 | |
Cathryn Rolfe Vice President | 1 | $0 | |
Beth Ann Glassford Director | 1 | $0 | |
Billy Rowland Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,675 |
| Total Program Service Revenue | $41,502 |
| Membership dues | $0 |
| Investment income | $594 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,863 |
| Total Revenue | $157,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,206 |
| Professional fees and other payments to independent contractors | $88,812 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $598 |
| Other expenses | $10,397 |
| Total expenses | $135,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,918 |
| Other assets | $0 |
| Total assets | $210,497 |
| Total liabilities | $41,946 |
| Net assets or fund balances | $168,551 |