Civic Intelligence

Project One Scholarship Fund

990 • Fiscal year 2023 • EIN 27-1000239

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

2438 Hassell PlaceCharlotte, NC 28209

(704) 241-4994

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.46x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.46x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Net Margin

48th percentile

9.7%

Higher net margin than 48% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$77,520

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 34.2% of source-year revenue.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

50%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$229,469

Up $40,223 (+21%) from 2022

Net Assets

Up

$124,930

Up $25,122 (+25%) from 2022

Liabilities

Up

$104,539

Up $15,101 (+17%) from 2022

Revenue

Up

$226,601

Up $75,052 (+50%) from 2022

Expenses

Up

$204,604

Up $20,305 (+11%) from 2022

Net Income

Up

$21,997

Up $54,747 (+167%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2014: $105,112Net Assets 2014: $105,1122014Assets 2015: $125,189Liabilities 2015: $96,531Net Assets 2015: $28,6582015Assets 2016: $152,090Liabilities 2016: $138,425Net Assets 2016: $13,6652016Assets 2017: $189,693Liabilities 2017: $196,104Net Assets 2017: -$6,4112017Assets 2018: $217,304Liabilities 2018: $207,456Net Assets 2018: $9,8482018Assets 2019: $193,215Liabilities 2019: $166,581Net Assets 2019: $26,6342019Assets 2021: $191,808Liabilities 2021: $59,250Net Assets 2021: $132,5582021Assets 2022: $189,246Liabilities 2022: $89,438Net Assets 2022: $99,8082022Assets 2023: $229,469Liabilities 2023: $104,539Net Assets 2023: $124,9302023Assets 2024: $210,668Liabilities 2024: $72,395Net Assets 2024: $138,2732024

Highlighted filing

2023

Assets$229,469
Liabilities$104,539
Net Assets$124,930

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $81,873Expenses 2014: $46,971Net Income 2014: $34,9022014Revenue 2015: $112,840Expenses 2015: $189,294Net Income 2015: -$76,4542015Revenue 2016: $129,003Expenses 2016: $143,996Net Income 2016: -$14,9932016Revenue 2017: $165,923Expenses 2017: $185,999Net Income 2017: -$20,0762017Revenue 2018: $174,065Expenses 2018: $157,189Net Income 2018: $16,8762018Revenue 2019: $164,713Expenses 2019: $147,927Net Income 2019: $16,7862019Revenue 2021: $154,789Expenses 2021: $119,761Net Income 2021: $35,0282021Revenue 2022: $151,549Expenses 2022: $184,299Net Income 2022: -$32,7502022Revenue 2023: $226,601Expenses 2023: $204,604Net Income 2023: $21,9972023Revenue 2024: $132,959Expenses 2024: $119,616Net Income 2024: $13,3432024

Highlighted filing

2023

Revenue$226,601
Expenses$204,604
Net Income$21,997
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$226,601
Mission and Program Overview

Mission

Project One provides students from low income, single-parent families with scholarships and tools for college success, including a gifts and talents program, financial literacy, and mentoring.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$173,667$216,969▲ $43,302
Pledges and Grants Receivable$15,579$12,500▼ $3,079
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$189,246$229,469▲ $40,223
Other Assets Total-$0-
Liabilities
Other Liabilities$89,350$104,539▲ $15,189
Accounts Payable and Accrued Expenses$88--
Total Liabilities$89,438$104,539▲ $15,101
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$99,808$124,930▲ $25,122
Total Net Assets Fund Balance$99,808$124,930▲ $25,122
Total Liabilities and Net Assets / Fund Balance$189,246$229,469▲ $40,223
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
CaraLee MurphyExecutive DirectorFT$77,520$77,520

Board Members and Trustees

NameTitle
Lindsay JonesChairman
Neal EmmonsVice President
Hardik MehtaTrustee
Ian VernonTrustee
Josh CarsonTrustee
Kelly DyerTrustee
Khalif TimberlakeTrustee
Kristin KeenTrustee
Raheed SaundersTrustee
My NgoSecretary
Jamelia LivingstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$225,802
Program Service Revenue
$0
Investment Income
$799
Other Revenue
$0
All Other Contributions
$225,802
Change in Net Assets
$21,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,606
Salaries, Compensation, and Employee Benefits$84,982
Total Fundraising Expense$69,779
Professional Fundraising Fees$6,016
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$40,698$15,504$21,318$77,520
Payroll Taxes$3,265$1,229$1,718$6,212
Fees for Services Professional Fundraising--$6,016$6,016
Other Expenses$3,478$276$518$3,754
All Other Expenses-$521$3,215$3,736
Fees for Services Accounting-$2,885-$2,885
Insurance-$1,708-$1,708
Other Employee Benefits-$1,250-$1,250
Advertising-$363-$363
Travel$196$93-$289
Total Functional Expenses$108,458$26,367$69,779$204,604
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,016
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Liabilities$104,539
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

990 was externally prepared and reviewed internally prior to filing

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Project One Scholarship Fund
EIN
27-1000239
Phone
7042414994
Address
2438 HASSELL PLACE, CHARLOTTE, NC 28209

Signing Officer

Name
Jamelia Livingston
Title
Treasurer
Signed
2024-05-15

Organization Details

Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
8
Employees
1
Volunteers
50

Preparer

Firm
Attolero LLC
Address
2105 Water Ridge Parkway Suite 570, Charlotte, NC 28217
Preparer
Robert Bales
Phone
7046412949
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part III, Line 28

Project One Scholarships These scholarships are awarded annually in the spring to graduating high school seniors who are residents of Mecklenburg County. To publicize our program, we email an announcement with an attached copy of our application form, as well as a link to our website, to the head of high school counseling at the Charlotte-Mecklenburg Schools central office. That individual forwards our information to all CMS high school counselors and encourages them to make all qualified candidates aware of the scholarship opportunity. We also email an announcement with the application form to more than 20 local nonprofits who also serve motivated students from low-socioeconomic backgrounds e.g., Communities in Schools, Right Moves for Youth, GenOne, UrbanPromise, etc.. They too are asked to help identify qualified students and to assist them with the application process if needed. Board members read and rate all completed applications that are received by the deadline and select the top candidates. These students are then interviewed by a panel that is comprised of Board members, volunteers, and key supporters of our mission. The panel judges each student on motivation, impact of the scholarship, desire to succeed, and leadership abilities. We target high-achieving students that are motivated and demonstrate initiative and leadership during their high school years. Examples include involvement in student government, high school sports, and community service. Additionally, we consider students with part-time and summer work experience as indicators of strong motivation?all while maintaining strong academic grades. Project One serves 15 Scholars from this program. The scholarship awards are fully funded and the funds are in reserve for each student. However, we pay the colleges on an annual basis assuming the Scholars remain in good standing with the college and are continuing to meet Project One?s criteria for grades and our support programs.

Form 990-EZ, Part III, Line 29

Another program that Project One developed is through a partnership with Queens University ?Queens?. There are outstanding students who attend CPCC each year and transfer to Queens - and also meet the Project One criteria. The goal of the partnership is to identify potential CPCC students who plan to transfer to Queens for the final two years of college. The $15,000 scholarship covers $7,500 for each of the two years at Queens. Queens matches up other financial aid to these students so that they graduate from college with minimal debt. The benefit to Project One is that the Queens scholarships allow us to leverage scholarship dollars paying only the last 2 years and introduce a private college into our program while still meeting our mission. Project One currently serves 0 Scholars in this program.

Form 990-EZ, Part III, Line 30

Brookstone Schools / Project One Scholarship Brookstone Schools ?Brookstone? is a private school serving students from Kindergarten through 8th grade. Brookstone seeks to raise up the next generationof leaders from Charlotte?s inner-city neighborhoods by caring for the entire child and inviting families to invest in the lives of their children. Brookstone alumni recently reached a point where they were beginning to graduate high school and a long-time Brookstone supporter was interested in funding a college education for them. As a result, we were approached to provide our expertise and process for Brookstone alumni where we could make the scholar selection as well as service and administer the scholarship. To maintain our mission integrity, we agreed to this arrangement if we could maintain a focus on Project One criteria income level, single-parent family focus, etc. Project One currently serves 2 Scholars in this program. Project One is dedicated to expanding college education in Charlotte by providing college scholarships that are eligible to cover the costs of tuition, room/board, and books. But we are more than a scholarship fund. Students have support throughout the course of their programs and scholarships from a caring adult mentor, who provides encouragement and perspective during the scholars? college years. Mentors are thoroughly screened and participate in ongoing training on mentoring best practices. Scholars are also required to participate in ongoing training and activities, specifically designed to promote college, professional, and life success i.e., financial literacy, goal setting, workplace etiquette, networking, etc.. At the end of four years, our scholars will have a college degree, very little if any college debt, and each will have a strong foundation as they set out to make their own mark in the world. Ultimately, our vision for Project One is to help to break the cycle of poverty ONE mind at a time through the POWER of a college education. All of our programs and services support this vision. We are open to collaborating with other charitable organizations. Importantly, we are only interested in partnerships where we can remain true to our mission.

Raw XML AppendixShowing 400 of 450 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt088
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Project One provides students from low income, single-parent families with scholarships and tools for college success, including a gifts and talents program, financial literacy, and mentoring.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0363
IRS990/AdvertisingGrp/TotalAmt0363
IRS990/AllOtherContributionsAmt0225802
IRS990/AllOtherExpensesGrp/FundraisingAmt03215
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0521
IRS990/AllOtherExpensesGrp/TotalAmt03736
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CARALEE MURPHY
IRS990/BooksInCareOfDetail/PhoneNum09809850176
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02438 HASSELL PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028209
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0173667
IRS990/CashNonInterestBearingGrp/EOYAmt0216969
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt021318
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015504
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt040698
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077520
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0225802
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0799
IRS990/CYOtherExpensesAmt0113606
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt021997
IRS990/CYSalariesCompEmpBnftPaidAmt084982
IRS990/CYTotalExpensesAmt0204604
IRS990/CYTotalFundraisingExpenseAmt069779
IRS990/CYTotalProfFndrsngExpnsAmt06016
IRS990/CYTotalRevenueAmt0226601
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Project One provides students from low income, single-parent families with scholarships and tools for college success, including a gifts and talents program, financial literacy, and mentoring. Schedule O contains additional program details.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0108458
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02885
IRS990/FeesForServicesAccountingGrp/TotalAmt02885
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/FundraisingAmt06016
IRS990/FeesForServicesProfFundraising/TotalAmt06016
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.75
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0CaraLee Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm1Josh Carson
IRS990/Form990PartVIISectionAGrp/PersonNm2Kelly Dyer
IRS990/Form990PartVIISectionAGrp/PersonNm3Neal Emmons
IRS990/Form990PartVIISectionAGrp/PersonNm4Lindsay Jones
IRS990/Form990PartVIISectionAGrp/PersonNm5Kristin Keen
IRS990/Form990PartVIISectionAGrp/PersonNm6Jamelia Livingston
IRS990/Form990PartVIISectionAGrp/PersonNm7Hardik Mehta
IRS990/Form990PartVIISectionAGrp/PersonNm8My Ngo
IRS990/Form990PartVIISectionAGrp/PersonNm9Khalif Timberlake
IRS990/Form990PartVIISectionAGrp/PersonNm10Ian Vernon
IRS990/Form990PartVIISectionAGrp/PersonNm11Raheed Saunders
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt077520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0226601
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01708
IRS990/InsuranceGrp/TotalAmt01708
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0799
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0799
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Project One provides students from low income, single-parent families with scholarships and tools for college success, including a gifts and talents program, financial literacy, and mentoring.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt099808
IRS990/NetAssetsOrFundBalancesEOYAmt0124930
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt099808
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0124930
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01250
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01250
IRS990/OtherExpensesGrp/Desc0Awards & Grants
IRS990/OtherExpensesGrp/Desc1Fundraising Expenses
IRS990/OtherExpensesGrp/Desc2Operations
IRS990/OtherExpensesGrp/Desc3Program Expenses
IRS990/OtherExpensesGrp/FundraisingAmt015000
IRS990/OtherExpensesGrp/FundraisingAmt121994
IRS990/OtherExpensesGrp/FundraisingAmt2518
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02538
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1276
IRS990/OtherExpensesGrp/ProgramServicesAmt059852
IRS990/OtherExpensesGrp/ProgramServicesAmt1969
IRS990/OtherExpensesGrp/ProgramServicesAmt23478
IRS990/OtherExpensesGrp/TotalAmt074852
IRS990/OtherExpensesGrp/TotalAmt121994
IRS990/OtherExpensesGrp/TotalAmt24025
IRS990/OtherExpensesGrp/TotalAmt33754
IRS990/OtherLiabilitiesGrp/BOYAmt089350
IRS990/OtherLiabilitiesGrp/EOYAmt0104539
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01718
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01229
IRS990/PayrollTaxesGrp/ProgramServicesAmt03265
IRS990/PayrollTaxesGrp/TotalAmt06212
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015579
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt03125
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0151541
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt076425
IRS990/PYInvestmentIncomeAmt08
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt018983
IRS990/PYRevenuesLessExpensesAmt0-32750
IRS990/PYSalariesCompEmpBnftPaidAmt085237
IRS990/PYTotalExpensesAmt0184299
IRS990/PYTotalProfFndrsngExpnsAmt03654
IRS990/PYTotalRevenueAmt0151549
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt021997
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0225802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0151541
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0154781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0170797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0177089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0880010
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0799
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0818
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0880010
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0225802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0151541
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0154781
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0170797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0177089
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0880010
IRS990ScheduleA/TotalSupportAmt0880828
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0104539
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Long Term Liabilities
IRS990ScheduleD/TotalLiabilityAmt0104539
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 was externally prepared and reviewed internally prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Project One Scholarships These scholarships are awarded annually in the spring to graduating high school seniors who are residents of Mecklenburg County. To publicize our program, we email an announcement with an attached copy of our application form, as well as a link to our website, to the head of high school counseling at the Charlotte-Mecklenburg Schools central office. That individual forwards our information to all CMS high school counselors and encourages them to make all qualified candidates aware of the scholarship opportunity. We also email an announcement with the application form to more than 20 local nonprofits who also serve motivated students from low-socioeconomic backgrounds e.g., Communities in Schools, Right Moves for Youth, GenOne, UrbanPromise, etc.. They too are asked to help identify qualified students and to assist them with the application process if needed. Board members read and rate all completed applications that are received by the deadline and select the top candidates. These students are then interviewed by a panel that is comprised of Board members, volunteers, and key supporters of our mission. The panel judges each student on motivation, impact of the scholarship, desire to succeed, and leadership abilities. We target high-achieving students that are motivated and demonstrate initiative and leadership during their high school years. Examples include involvement in student government, high school sports, and community service. Additionally, we consider students with part-time and summer work experience as indicators of strong motivation?all while maintaining strong academic grades. Project One serves 15 Scholars from this program. The scholarship awards are fully funded and the funds are in reserve for each student. However, we pay the colleges on an annual basis assuming the Scholars remain in good standing with the college and are continuing to meet Project One?s criteria for grades and our support programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Another program that Project One developed is through a partnership with Queens University ?Queens?. There are outstanding students who attend CPCC each year and transfer to Queens - and also meet the Project One criteria. The goal of the partnership is to identify potential CPCC students who plan to transfer to Queens for the final two years of college. The $15,000 scholarship covers $7,500 for each of the two years at Queens. Queens matches up other financial aid to these students so that they graduate from college with minimal debt. The benefit to Project One is that the Queens scholarships allow us to leverage scholarship dollars paying only the last 2 years and introduce a private college into our program while still meeting our mission. Project One currently serves 0 Scholars in this program.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Brookstone Schools / Project One Scholarship Brookstone Schools ?Brookstone? is a private school serving students from Kindergarten through 8th grade. Brookstone seeks to raise up the next generationof leaders from Charlotte?s inner-city neighborhoods by caring for the entire child and inviting families to invest in the lives of their children. Brookstone alumni recently reached a point where they were beginning to graduate high school and a long-time Brookstone supporter was interested in funding a college education for them. As a result, we were approached to provide our expertise and process for Brookstone alumni where we could make the scholar selection as well as service and administer the scholarship. To maintain our mission integrity, we agreed to this arrangement if we could maintain a focus on Project One criteria income level, single-parent family focus, etc. Project One currently serves 2 Scholars in this program. Project One is dedicated to expanding college education in Charlotte by providing college scholarships that are eligible to cover the costs of tuition, room/board, and books. But we are more than a scholarship fund. Students have support throughout the course of their programs and scholarships from a caring adult mentor, who provides encouragement and perspective during the scholars? college years. Mentors are thoroughly screened and participate in ongoing training on mentoring best practices. Scholars are also required to participate in ongoing training and activities, specifically designed to promote college, professional, and life success i.e., financial literacy, goal setting, workplace etiquette, networking, etc.. At the end of four years, our scholars will have a college degree, very little if any college debt, and each will have a strong foundation as they set out to make their own mark in the world. Ultimately, our vision for Project One is to help to break the cycle of poverty ONE mind at a time through the POWER of a college education. All of our programs and services support this vision. We are open to collaborating with other charitable organizations. Importantly, we are only interested in partnerships where we can remain true to our mission.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part III, Line 30
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0189246
IRS990/TotalAssetsEOYAmt0229469
IRS990/TotalAssetsGrp/BOYAmt0189246
IRS990/TotalAssetsGrp/EOYAmt0229469
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0225802
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt069779
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026367
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0108458
IRS990/TotalFunctionalExpensesGrp/TotalAmt0204604
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt089438
IRS990/TotalLiabilitiesEOYAmt0104539
IRS990/TotalLiabilitiesGrp/BOYAmt089438
IRS990/TotalLiabilitiesGrp/EOYAmt0104539
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt099808
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0124930
IRS990/TotalProgramServiceExpensesAmt0108458
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt077520
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0799
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0226601

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings