Project Lemonade Inc
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Portland, OR
- Founding
- 03/2013
- Data as of
- 10/2022
- EIN
- 46-1675159
Organization Overview
Project Lemonade Inc is located in Portland, OR. The organization was established in 2013. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 10/2022, Project Lemonade Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Lemonade 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 10/2022, Project Lemonade Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $911.0k during the year ending 10/2022. While expenses have increased by 18.3% 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 LEMONADE PROVIDES RESOURCES, OPPORTUNITIES, AND CONNECTIONS (CONTINUED ON SCHEDULE O)IN A POSITIVE AND WELCOMING ENVIRONMENT TO INSPIRE FOSTER YOUTH TO REACH THEIR POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT LEMONADE PROVIDES FOSTER YOUTH WITH A BACK-TO-SCHOOL SHOPPING EVENT WHERE THEY RECEIVE FREE CLOTHES, SHOES AND ACCESSORIES SO THEY CAN START THE SCHOOL YEAR WITH A FRESH OUTLOOK AND CONFIDENCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tana Thomson Board Chair | OfficerTrustee | 4 | $0 |
Karen Hinsdale Board Vice Chair | OfficerTrustee | 3 | $0 |
Jonathon Gannon Board Treasurer | OfficerTrustee | 4 | $0 |
Tracy Williams Board Secretary | OfficerTrustee | 3 | $0 |
Neal Schechter Board Member | Trustee | 3 | $0 |
Alexis Garbarino Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $189,143 |
| Related organizations | $0 |
| Government grants | $194,670 |
| All other contributions, gifts, grants, and similar amounts not included above | $790,989 |
| Noncash contributions included in lines 1a–1f | $175,936 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,174,802 |
| Total Program Service Revenue | $0 |
| Investment income | $2,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,860 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,162,641 |
| 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. | $90,750 |
| Compensation of current officers, directors, key employees. | $12,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $206,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,946 |
| Payroll taxes | $29,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $234 |
| Fees for services: Accounting | $9,816 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,752 |
| Advertising and promotion | $12,708 |
| Office expenses | $19,446 |
| Information technology | $4,069 |
| Royalties | $0 |
| Occupancy | $11,043 |
| Travel | $856 |
| 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 | $0 |
| Insurance | $3,771 |
| All other expenses | $2,982 |
| Total functional expenses | $911,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,016,493 |
| Savings and temporary cash investments | $105,099 |
| 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 | $246,545 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,368,137 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,967 |
| Total liabilities | $8,967 |
| Net assets without donor restrictions | $0 |
| 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 | $1,359,170 |
| Total liabilities and net assets/fund balances | $1,368,137 |