Lucky Project
- Assets
- $235.3k
- Revenue
- $280.0k
- Investments
- $0.0
- Employees
- 32
- Location
- Park City, UT
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-1995894
Organization Overview
Lucky Project is located in Park City, UT. The organization was established in 2019. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Lucky Project employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucky Project 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 12/2023, Lucky Project generated $280.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $258.6k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LUCKY PROJECT'S MISSION IS TO SHOW THE WORLD THE VALUE OF INDIVIDUALS WITH DISABILITIES WHO ARE DEVELOPING THE FUNDAMENTALS TO HELP CREATE FULL MEANINGFUL LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE PROVIDING HANDS-ON TRAINING TO INDIVIDUALS WITH DISABILITIES, COVERING VARIOUS ASPECTS OF COFFEE SHOP OPERATIONS, INCLUDING CUSTOMER SERVICE, CASH HANDLING, FOOD PREPARATION, AND INVENTORY MANAGEMENT. THE COFFEE SHOP SERVED AS A COMMUNITY HUB, FOSTERING SOCIAL INCLUSION AND RAISING AWARENESS ABOUT THE CAPABILITIES OF INDIVIDUALS WITH DISABILITIES. THE REVENUE GENERATED FROM THE COFFEE SHOP OPERATIONS IS REINVESTED INTO OUR PROGRAMS, ALLOWING US TO EXPAND OUR SERVICES AND REACH MORE INDIVIDUALS IN NEED. IN ALL THE PROGRAM LEADS TO THE CREATION OF A MEANINGFUL LIFE FOR THOSE WHO OTHERWISE WOULD NOT HAVE AN OPPORTUNITY BECAUSE OF THEIR DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Matkins President | Trustee | 15 | $39,000 |
Kathryn Manhart Vice President | Trustee | 15 | $39,000 |
Lucy Jenson Chairman | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,263 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,563 |
| Total Program Service Revenue | $331,774 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$102,344 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,993 |
| 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. | $78,000 |
| Compensation of current officers, directors, key employees. | $11,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $700 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $497 |
| Advertising and promotion | $5,263 |
| Office expenses | $2,053 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,289 |
| Travel | $3,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,020 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,055 |
| All other expenses | $7,863 |
| Total functional expenses | $258,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,704 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,478 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $36,616 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $166,955 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,591 |
| Total assets | $235,344 |
| Accounts payable and accrued expenses | $93,804 |
| 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 | $86,276 |
| Total liabilities | $180,080 |
| Net assets without donor restrictions | $55,264 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $235,344 |