Project Trust Inc is located in Passaic, NJ. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Trust 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 Trust Inc generated $184.9k in total revenue. All expenses for the organization totaled $180.1k during the year ending 12/2022. While expenses have increased by 88.0% per year over the past 2 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 ESTABLISH A RELIGIOUS ASSOCIATION ASPIRING FOR HIGH ETHICS AND MORALITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yosef Strickman Trustee & President | 40 | $103,560 | |
Sabrina Strickman Trustee & VP | 10 | $0 | |
Abraham Koplowitz Trustee & Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,450 |
| Total Program Service Revenue | $166,433 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,883 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $134,590 |
| Professional fees and other payments to independent contractors | $13,048 |
| Occupancy, rent, utilities, and maintenance | $3,600 |
| Printing, publications, postage, and shipping | $73 |
| Other expenses | $28,778 |
| Total expenses | $180,089 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,233 |
| Other assets | $0 |
| Total assets | $7,800 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,800 |