Project Bee
- Assets
- $3.1m
- Revenue
- $2.4m
- Investments
- $2.4k
- Employees
- 16
- Location
- Minot, ND
- Founding
- 01/1965
- Data as of
- 06/2022
- EIN
- 45-0227018
Organization Overview
Project Bee is located in Minot, ND. The organization was established in 1965. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 06/2022, Project Bee employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Bee 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 06/2022, Project Bee generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.7% each year . All expenses for the organization totaled $884.5k during the year ending 06/2022. While expenses have increased by 19.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT BEE PROVIDES CLIENT-CENTERED CARE FOR RURAL COMMUNITIES. THE ORGANIZATION IS COMMITTED TO PROVIDING EQUITY THROUGH IT'S ANTIPOVERTY PROGRAMS AND WRAP-AROUND SERVICES. EVERY PERSON DESERVES DIGNITY AND RESPECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FROM ONE NIGHT TO TWO MONTHS, THE EMERGENCY SHELTER PROGRAM PROVIDES A SAFE, CLEAN ENVIRONMENT FOR HOMELESS INDIVIDUALS AND FAMILIES. THE GOAL OF THE EMERGENCY SHELTER PROGRAM IS TO BE A RAPID-REHOUSING MODEL, WITH MOST STAYS BEING 30-60 DAYS. WHILE IN THE PROGRAM, AN EXPERIENCED CASE MANAGER AND SUPPORT STAFF HELP GUIDE THE CLIENT THROUGH THE PROCESS OF DEVELOPING A COMPREHENSIVE, REALITY-BASED PLAN FOR ENSURING A SECURE FUTURE IN STABLE HOUSING.
THE DAKOTA DIAPER PANTRY IS WESTERN NORTH DAKOTA'S ONLY NATIONAL DIAPER BANK NETWORK'S ACCREDITED DIAPER PROGRAM. THROUGH THE PROGRAM, THE ORGANIZATION WAS ABLE TO SUPPLY FAMILIES EXPERIENCING DIAPER POVERTY WITH A SUPPLEMENT OF DIAPERS MONTHLY.
BROADWAY CIRCLE - THE ORGANIZATION IS BUILDING A NEW RESOURCE HUB THAT WILL REFLECT BOTH THEIR HISTORY AND FUTURE. IT WILL FEATURE A SIX-UNIT, PET-FRIENDLY FAMILY SHELTER, A 17-UNIT LMI HOUSING UNIT, SPACE FOR THE LORD'S CUPBOARD FOOD PANTRY AND WELCOME TABLE.
STREET OUTREACH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Larsen Executive Director | Officer | 40 | $43,515 |
Jessica Biel Bookkeeper | Officer | 40 | $10,679 |
Olga Stanford President | OfficerTrustee | 5 | $0 |
Kate Eick Secretary | OfficerTrustee | 4 | $0 |
Tarina Crook Vice President | OfficerTrustee | 4 | $0 |
Robbie Keelan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $608,603 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,505,935 |
| Noncash contributions included in lines 1a–1f | $1,505,935 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,114,538 |
| Total Program Service Revenue | $1,450 |
| Investment income | $1,006 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,723 |
| Net Gain/Loss on Asset Sales | $4,315 |
| Net Income from Fundraising Events | $179,722 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,398,573 |
| 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. | $111,702 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,675 |
| Payroll taxes | $31,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19,891 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,217 |
| Travel | $1,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,801 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,383 |
| Insurance | $16,022 |
| All other expenses | $14,679 |
| Total functional expenses | $884,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,146 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,020 |
| 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 | $4,477 |
| Net Land, buildings, and equipment | $2,886,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,372 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,221 |
| Total assets | $3,074,745 |
| Accounts payable and accrued expenses | $22,869 |
| 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 | $608,703 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,826 |
| Total liabilities | $642,398 |
| Net assets without donor restrictions | $2,417,051 |
| Net assets with donor restrictions | $15,296 |
| 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 | $3,074,745 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Project Bee has recieved totaling $199,774.
| Awarding Organization | Amount |
|---|---|
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $101,250 |
St Josephs Community Health Foundation 06-25-98 Minot, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $77,597 |
Souris Valley United Way Minot, ND PURPOSE: TO ASSIST THOSE WHO HAVE UNMET BASIC HUMAN NEEDS | $10,000 |
Minot Community Foundation Minot, ND PURPOSE: TO ASSIST THE ORGANIZATION WITH CARRYING OUT OF ITS TAX EXEMPT MISSION. | $9,723 |
Blue Cross Blue Shield Of North Dakota Caring Foundation Fargo, ND PURPOSE: LOW INCOME DIAPER PANTRY SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $204 |
Endowment Analysis
| Beg. Balance | $270,392 |
| Earnings | $37,312 |
| Admin Expense | $2,947 |
| Net Contributions | $23,500 |
| Ending Balance | $328,257 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ymca Of Cass And Clay Counties Fargo, ND | $40,734,478 | $22,873,894 |
Ywca Of Minneapolis Minneapolis, MN | $51,048,789 | $16,474,298 |
Missouri Valley Family Young Mens Christian Association Bismarck, ND | $23,505,758 | $13,023,690 |
Rapid City Y M C A Rapid City, SD | $18,136,251 | $10,285,613 |
Duluth Area Family Y M C A Duluth, MN | $21,867,355 | $9,544,208 |
Embe Sioux Falls, SD | $8,195,427 | $7,368,188 |
Young Womens Christian Association Saint Paul, MN | $10,748,535 | $8,424,210 |
Minnesota Jewish Community Center Minneapolis, MN | $3,372,460 | $5,013,006 |
Billings Family Ymca Inc Billings, MT | $11,486,053 | $5,997,942 |
Greater Missoula Family Young Mens Christian Association Missoula, MT | $11,370,626 | $8,186,405 |
St Cloud Area Family Ymca St Cloud, MN | $32,979,172 | $5,570,738 |
Aberdeen Family Ymca Aberdeen, SD | $16,456,117 | $4,540,788 |