Project 418 Inc
- Assets
- $840.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chelsea, MI
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-1620550
Organization Overview
Project 418 Inc is located in Chelsea, MI. The organization was established in 2015. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project 418 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 12/2022, Project 418 Inc generated $78.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $84.4k during the year ending 12/2022. While expenses have increased by 5.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE RESCUE OF CHILDREN LIVING ON THE STREETS OF HAITI AND TO PROVIDE THE CONTINUAL MONTHLY OPERATIONS OF TWO CHILDRENS HOMES CALLED "THE HOPE CENTERS".
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Povlich President | 0 | $0 | |
Brighton Woods Secretary/tr | 0 | $0 | |
David J Povlich Director | 0 | $0 | |
Patrick Povlich Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,943 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,740 |
| Other Revenue | $0 |
| Total Revenue | $78,683 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,543 |
| Total expenses | $84,432 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $840 |
| Other assets | $0 |
| Total assets | $840 |
| Total liabilities | $0 |
| Net assets or fund balances | $840 |