Project Transformation Dc
- Assets
- $270.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2017
- Data as of
- 08/2023
- EIN
- 82-1906281
Organization Overview
Project Transformation Dc is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 Transformation DC 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 08/2023, Project Transformation DC generated $80.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $103.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Luna Executive Director | 40 | $52,000 | |
Elijah Ferebee Program Director | 40 | $50,000 | |
Beth Ludlum Chair Of The Board | 2 | $0 | |
Carol Travis Secretary Of Board | 2 | $0 | |
Elizabeth Craddock Treasurer | 2 | $0 | |
Katelyn Davis Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,859 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,677 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $103,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $270 |
| Other assets | $0 |
| Total assets | $270 |
| Total liabilities | $8,352 |
| Net assets or fund balances | -$8,082 |