Paper Airplanes Inc
- Assets
- $6.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-4278267
Organization Overview
Paper Airplanes Inc is located in Princeton, NJ. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paper Airplanes 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, Paper Airplanes Inc generated $122.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $120.9k during the year ending 12/2022. 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
THE ENGLISH PROGRAM PROVIDES REMOTE, LIVE ENGLISH INSTRUCTION TO REFUGEES AND OTHERS AFFECTED BY CONFLICT. IN 2022, THIS PROGRAM SERVED 810 PERSONS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bailey Ulbricht Interim Board Of Directors Chair/secretary | 5 | $0 | |
Muriel Carpenter Board Member/treasurer | 5 | $0 | |
Mike Sobaski Board Member/director | 5 | $0 | |
Christina Peebles Managing Director (outgoing) | 40 | $26,130 | |
Ibrahim Alaboud English Program Manager/manging Director (incoming) | 40 | $10,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,512 |
| Total Program Service Revenue | $2,281 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,793 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,779 |
| Professional fees and other payments to independent contractors | $2,072 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,084 |
| Total expenses | $120,935 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,439 |
| Other assets | $0 |
| Total assets | $6,439 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,439 |