The Expectations Project Inc
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 04/2013
- Data as of
- 12/2023
- EIN
- 90-0787411
Organization Overview
The Expectations Project Inc is located in Washington, DC. The organization was established in 2013. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Expectations Project Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Expectations Project 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 12/2023, Expectations Project Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 9 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
INFORM FAITH COMMUNITIES ON HOW TO PROVIDE QUALITY EDUCATION TO HISTORICALLY UNDERSERVED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFE COMMUNITIES FOR CHILDREN AND COMMUNITIES - TEP DEVELOPED A CURRICULUM AND TRAINING SUITE TO HELP COMMUNITIES IMPACTED BY VIOLENCE TO HEAL FROM TRAUMA AND TAKE STEPS TOWARD A SAFER COMMUNITY. ADDITIONALLY, THE ORGANIZATION REVISED AND DEVELOPED TOOLKITS REGARDING PARENTS' RIGHTS, FREEDOM OF SPEECH, AND CHILDREN'S RIGHTS IN SCHOOL POLICIES.
ECONOMIC EMPOWERMENT FOR FAMILIES AND CHILDREN - TEP DEVELOPED AND DISTRIBUTED MATERIALS ON CHILD POVERTY AND ITS IMPACT ON CHILDREN AND LEARNING.
NATIONAL ADVOCACY CAMPAIGNS - TEP DEVELOPED AND DISTRIBUTED MATERIALS REGARDING EDUCATION POLICIES THAT WOULD MOST PROMOTE CHILD SAFETY AND THRIVING. ADDITIONALLY, THE ORGANIZATION DEVELOPED AND DISTRIBUTED A BLACK HISTORY MONTH CAMPAIGN HIGHLIGHTING THE CONTRIBUTIONS OF BLACK EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zakiya Jackson President And Director | OfficerTrustee | 40 | $174,485 |
Tracy-Elizabeth Clay Chair | OfficerTrustee | 0.25 | $0 |
Sekou Biddle Director | Trustee | 0.33 | $0 |
Jonny Moy Director | Trustee | 0.17 | $0 |
Anthony Sawyer Director | Trustee | 0.5 | $0 |
Brian Acker Housman VP Of Operations | 40 | $128,008 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,521,599 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,521,599 |
| Total Program Service Revenue | $0 |
| Investment income | $36 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,529,635 |
| 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. | $181,383 |
| Compensation of current officers, directors, key employees. | $27,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $404,012 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,516 |
| Payroll taxes | $43,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,347 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $326,549 |
| Advertising and promotion | $9,019 |
| Office expenses | $4,749 |
| Information technology | $12,917 |
| Royalties | $0 |
| Occupancy | $3,680 |
| Travel | $25,271 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,151 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,043 |
| Insurance | $1,912 |
| All other expenses | $0 |
| Total functional expenses | $1,089,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,490 |
| Savings and temporary cash investments | $62,753 |
| Pledges and grants receivable | $735,049 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,183,926 |
| Accounts payable and accrued expenses | $14,888 |
| 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 | $0 |
| Total liabilities | $14,888 |
| Net assets without donor restrictions | $332,890 |
| Net assets with donor restrictions | $836,148 |
| 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 | $1,183,926 |
Grants Awarded
Over the last fiscal year, The Expectations Project Inc has awarded $70,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PROGRESSIVE NATIONAL BAPTIST CONVENTION PURPOSE: TO SUPPORT THE ADOPTION OF TRAUMA-INFORMED CARE AS A MAJOR ISSUE OF ADVOCACY AND EDUCATION WITHIN THE DENOMINATION | $20,000 |
AME CHURCH SOCIAL ACTION COMMITTEE PURPOSE: TO SUPPORT THE ADOPTION OF TRAUMA-INFORMED CARE AS A MAJOR ISSUE OF ADVOCACY AND EDUCATION WITHIN THE DENOMINATION | $15,000 |
NORTHWEST VISION DEVELOPMENT CORPORATION PURPOSE: TO SUPPORT THE EDUCATION OF CLERGY IN INDIANAPOLIS ON THE IMPORTANCE OF HIGH QUALITY EARLY CHILDHOOD EDUCATION | $20,000 |
ETHICS AND RELIGIOUS LIBERTY COMMISSION PURPOSE: INCREASED KEY FAITH LEADERS' KNOWLEDGE AND COMMITMENT TO WORK FOR LONG-TERM SYSTEMIC CHANGE TO IMPROVE EDUCATIONAL OUTCOMES FOR STUDENTS OF COLOR AND CHILDREN IN LOW-INCOME COMMUNITIES. | $15,000 |