Civic Intelligence

Project Exploration

EIN 36-4305660 • 501(c)3 • Chicago, IL

Profile

Project exploration creates transformative learning opportunities for youth underrepresented in the sciences -- particularly students of color and girls -- by equipping them with the skills, practices, and mindset needed for a lifelong pursuit of learning.

4511 South EvansChicago, IL 60653

projectexploration.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.34x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

58th percentile

8.5%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

69th percentile

21%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$523,374

Up $126,693 (+32%) from 2023

Liabilities

Down

$175,833

Down $57,601 (-25%) from 2023

Net Assets

Up

$347,541

Up $184,294 (+113%) from 2023

Revenue

Up

$2,069,266

Up $795,994 (+63%) from 2023

Expenses

Up

$1,894,323

Up $419,268 (+28%) from 2023

Net Income

Up

$174,943

Up $376,726 (+187%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2018: $269,712Liabilities 2018: $139,449Net Assets 2018: $130,2632018Assets 2019: $245,528Liabilities 2019: $106,615Net Assets 2019: $138,9132019Assets 2020: $402,219Liabilities 2020: $117,521Net Assets 2020: $284,6982020Assets 2021: $496,596Liabilities 2021: $267,746Net Assets 2021: $228,8502021Assets 2022: $396,534Liabilities 2022: $31,504Net Assets 2022: $365,0302022Assets 2023: $396,681Liabilities 2023: $233,434Net Assets 2023: $163,2472023Assets 2024: $523,374Liabilities 2024: $175,833Net Assets 2024: $347,5412024

Highlighted filing

2024

Assets$523,374
Liabilities$175,833
Net Assets$347,541

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $706,746Expenses 2018: $670,290Net Income 2018: $36,4562018Revenue 2019: $743,524Expenses 2019: $734,874Net Income 2019: $8,6502019Revenue 2020: $969,150Expenses 2020: $823,365Net Income 2020: $145,7852020Revenue 2021: $1,457,126Expenses 2021: $1,512,974Net Income 2021: -$55,8482021Revenue 2022: $1,420,429Expenses 2022: $1,284,249Net Income 2022: $136,1802022Revenue 2023: $1,273,272Expenses 2023: $1,475,055Net Income 2023: -$201,7832023Revenue 2024: $2,069,266Expenses 2024: $1,894,323Net Income 2024: $174,9432024

Highlighted filing

2024

Revenue$2,069,266
Expenses$1,894,323
Net Income$174,943

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jun 26, 2025
Return Version
2023v6.0
Gross Receipts
$2,069,266
Mission and Program Overview

Mission

Project exploration creates transformative learning opportunities for youth underrepresented in the sciences -- particularly students of color and girls -- by equipping them with the skills, practices, and mindset needed for a lifelong pursuit of learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$326,731$419,805▲ $93,074
Cash and Non-Interest-Bearing Accounts$22,248$88,492▲ $66,244
Land, Buildings, and Equipment, Net$46,960$15,077▼ $31,883
Savings and Temporary Cash Investments$742--
Total Assets$396,681$523,374▲ $126,693
Liabilities
Other Liabilities$200,000$150,000▼ $50,000
Accounts Payable and Accrued Expenses$24,083$25,833▲ $1,750
Total Liabilities$224,083$175,833▼ $48,250
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-152,402$347,541▲ $499,943
Net Assets With Donor Restrictions$325,000--
Total Net Assets Fund Balance$172,598$347,541▲ $174,943
Total Liabilities and Net Assets / Fund Balance$396,681$523,374▲ $126,693

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,876$142,532$159,408
Other Land Buildings-$17,685$17,685
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Natasha Smith-walkerExecutive DiFT$119,100$119,100

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,981,805
Program Service Revenue
$87,419
Investment Income
$42
Other Revenue
$0
All Other Contributions
$428,911
Change in Net Assets
$174,943

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,069,266
Revenue Not Reported on Form 990
$291,665
Total Revenue per Audited Statements
$2,360,931
Total Revenue per Form 990
$2,069,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$985,576
Salaries, Compensation, and Employee Benefits$908,747
Total Fundraising Expense$185,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$461,528$57,236$56,189$574,953
Current Officers, Directors, Trustees, and Key Employees$153,095$65,688$25,761$244,544
All Other Expenses$105,517$42,402$10,327$158,246
Other Expenses$88,551$30,920$71,764$88,551
Payroll Taxes$59,903$11,981$7,987$79,871
Travel$46,246$5,781$5,781$57,808
Office Expenses$6,088$39,621$4,397$50,106
Depreciation Depletion-$31,883-$31,883
Insurance$17,987$2,249$2,248$22,484
Occupancy$21,200--$21,200
Fees for Services Other-$9,633-$9,633
Other Employee Benefits$7,034$1,407$938$9,379
Total Functional Expenses$1,410,130$298,801$185,392$1,894,323

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,185,988
Expenses per Audited Statements$1,894,323
Total Expenses per Form 990$1,894,323
Expenses Not Reported on Form 990$291,665
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Protection Advance$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 return was not sent to all board members. The return has been sent to chair, treasurer, one or more additional board members with accounting or tax expertise, and outside legal counsel for review and approval.

Form 990, Page 6, Part VI, Line 12C

Members required to disclose any conflicts and fill out conflicts of interest form annually.

Form 990, Page 6, Part VI, Line 15A

Utilized publicly available surveys to determine comparable compensation.

Form 990, Page 6, Part VI, Line 19

To the extent required by law, governing documents are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Project Exploration
EIN
36-4305660
Phone
3122734026
Address
4511 SOUTH EVANS, CHICAGO, IL 60653

Signing Officer

Name
Natasha Smith-walker
Title
Executive Director
Phone
7738347614
Signed
2025-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natasha Smith-walker
Formed
1999
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
21
Volunteers
20

Preparer

Firm
Rcs Cpas Pllc
Address
4415 HARRISON ST SUITE 552, HILLSIDE, IL 60162
Preparer
Mohammad Sheikh
Phone
7084829488
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Project exploration creates transformative learning opportunities for youth underrepresented in the sciences -- particularly students of color and girls -- by equipping them with the skills, practices, and mindset needed for a lifelong pursuit of learning.

Form 990, Page 2, Part III, Line 4D

Spring break science camp this weeklong program immerses pe students in the expertise and culture of a stem-based company or institution. Past partners have included: tata consultancy services, which led activities in coding and robotics; and motorola mobility, which paired girls from s4s with a diverse group of professional women. Environmental adventurers (ea) ea is aimed at engaging diverse, urban youth in the environmental sciences, biology, anatomy, and zoology subjects to develop skills in research in a meaningful and hands-on way. The participants involved in the program will do real scientific and environmental work with other participants while learning how to develop a research question to understand the importance of our environment. School-based programs - school-based programs are designed to provide stem programming for students at their home school. Project exploration has identified communities within the west and near west side, far south, south, and southwest side of chicago as program service areas. These communities reflect areas that have limited to no robust stem learning opportunities. Pe partners with local community-based organizations or works directly with cps to determine which schools to serve. Pe collaborates with school administrators and teachers to determine which programs to offer. Place-based programs - place-based programs are designed to provide stem programming within a geographic area and serve as a community stem hub. Project exploration has two place-based locations. The west side stem learning centers at the george leland elementary school campus was launched in 2017. In 2021, pe launched a second partnership with bethel new life to create another place-based stem learning center. Each aims to amplify the value of stem learning in the community, strengthen community cohesion through family programming, and bring citywide stem resources and programs to the local community.

Financial Statement Notes

Schedule D, Page 3, Part X

Project exploration is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code. There was no unrelated business income nor unrecognized tax benefits for the year ended august 31, 2024. Each of the organization's prior three years remains subject to examination by the internal revenue service. The organization has evaluated its tax positions for all open tax years. Based on the evaluation of the organization 's tax positions, management believes all tax positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended august 31, 2024.

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IRS990/ProgSrvcAccomActy2Grp/Desc0STEM ECOSYSTEM - CHICAGO STEM PATHWAYS COOPERATIVE PROJECT EXPLORATION SERVES AS THE BACKBONE ORGANIZATION OF THE CHICAGO STEM PATHWAYS COOPERATIVE. THIS CITYWIDE INITIATIVE CONVENES YOUTH-SERVING ORGANIZATIONS, EDUCATORS, FUNDERS, AND POLICYMAKERS TO EXPAND ACCESS TO HIGH-QUALITY STEM LEARNING OPPORTUNITIES. THE COOPERATIVE FOSTERS CROSS- SECTOR COLLABORATION, SUPPORTS SHARED DATA PRACTICES, AND INFORMS CITYWIDE PLANNING TO ENSURE COMMUNITY STEM EQUITY. IT ADVANCES A VISION OF A MORE INCLUSIVE STEM ECOSYSTEM THROUGH CONVENINGS, RESEARCH, AND PROFESSIONAL LEARNING COMMUNITIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY ECOSYSTEM - THE AUSTIN EXPERIENCE / MY CHI. MY FUTURE. PROJECT EXPLORATION LEADS PLACE-BASED STEM ECOSYSTEM WORK IN CHICAGO'S AUSTIN NEIGHBORHOOD THROUGH INITIATIVES LIKE THE AUSTIN EXPERIENCE AND MY CHI. MY FUTURE. THESE EFFORTS FOSTER SAFE, CONNECTED COMMUNITIES WHERE YOUTH AND FAMILIES ACCESS OUT-OF-SCHOOL-TIME STEM OPPORTUNITIES. BY PARTNERING WITH LOCAL ORGANIZATIONS AND YOUTH LEADERS, THE PROGRAM BUILDS COMMUNITY TRUST, SUPPORTS YOUTH VOICE, AND ALIGNS RESOURCES TO PROMOTE WELLNESS, WORKFORCE DEVELOPMENT, AND LONG-TERM ENGAGEMENT IN STEM.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SPRING BREAK SCIENCE CAMP THIS WEEKLONG PROGRAM IMMERSES PE STUDENTS IN THE EXPERTISE AND CULTURE OF A STEM-BASED COMPANY OR INSTITUTION. PAST PARTNERS HAVE INCLUDED: TATA CONSULTANCY SERVICES, WHICH LED ACTIVITIES IN CODING AND ROBOTICS; AND MOTOROLA MOBILITY, WHICH PAIRED GIRLS FROM S4S WITH A DIVERSE GROUP OF PROFESSIONAL WOMEN. ENVIRONMENTAL ADVENTURERS (EA) EA IS AIMED AT ENGAGING DIVERSE, URBAN YOUTH IN THE ENVIRONMENTAL SCIENCES, BIOLOGY, ANATOMY, AND ZOOLOGY SUBJECTS TO DEVELOP SKILLS IN RESEARCH IN A MEANINGFUL AND HANDS-ON WAY. THE PARTICIPANTS INVOLVED IN THE PROGRAM WILL DO REAL SCIENTIFIC AND ENVIRONMENTAL WORK WITH OTHER PARTICIPANTS WHILE LEARNING HOW TO DEVELOP A RESEARCH QUESTION TO UNDERSTAND THE IMPORTANCE OF OUR ENVIRONMENT. SCHOOL-BASED PROGRAMS - SCHOOL-BASED PROGRAMS ARE DESIGNED TO PROVIDE STEM PROGRAMMING FOR STUDENTS AT THEIR HOME SCHOOL. PROJECT EXPLORATION HAS IDENTIFIED COMMUNITIES WITHIN THE WEST AND NEAR WEST SIDE, FAR SOUTH, SOUTH, AND SOUTHWEST SIDE OF CHICAGO AS PROGRAM SERVICE AREAS. THESE COMMUNITIES REFLECT AREAS THAT HAVE LIMITED TO NO ROBUST STEM LEARNING OPPORTUNITIES. PE PARTNERS WITH LOCAL COMMUNITY-BASED ORGANIZATIONS OR WORKS DIRECTLY WITH CPS TO DETERMINE WHICH SCHOOLS TO SERVE. PE COLLABORATES WITH SCHOOL ADMINISTRATORS AND TEACHERS TO DETERMINE WHICH PROGRAMS TO OFFER. PLACE-BASED PROGRAMS - PLACE-BASED PROGRAMS ARE DESIGNED TO PROVIDE STEM PROGRAMMING WITHIN A GEOGRAPHIC AREA AND SERVE AS A COMMUNITY STEM HUB. PROJECT EXPLORATION HAS TWO PLACE-BASED LOCATIONS. THE WEST SIDE STEM LEARNING CENTERS AT THE GEORGE LELAND ELEMENTARY SCHOOL CAMPUS WAS LAUNCHED IN 2017. IN 2021, PE LAUNCHED A SECOND PARTNERSHIP WITH BETHEL NEW LIFE TO CREATE ANOTHER PLACE-BASED STEM LEARNING CENTER. EACH AIMS TO AMPLIFY THE VALUE OF STEM LEARNING IN THE COMMUNITY, STRENGTHEN COMMUNITY COHESION THROUGH FAMILY PROGRAMMING, AND BRING CITYWIDE STEM RESOURCES AND PROGRAMS TO THE LOCAL COMMUNITY.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROJECT EXPLORATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME NOR UNRECOGNIZED TAX BENEFITS FOR THE YEAR ENDED AUGUST 31, 2024. EACH OF THE ORGANIZATION'S PRIOR THREE YEARS REMAINS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. BASED ON THE EVALUATION OF THE ORGANIZATION 'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED AUGUST 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROJECT EXPLORATION CREATES TRANSFORMATIVE LEARNING OPPORTUNITIES FOR YOUTH UNDERREPRESENTED IN THE SCIENCES -- PARTICULARLY STUDENTS OF COLOR AND GIRLS -- BY EQUIPPING THEM WITH THE SKILLS, PRACTICES, AND MINDSET NEEDED FOR A LIFELONG PURSUIT OF LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPRING BREAK SCIENCE CAMP THIS WEEKLONG PROGRAM IMMERSES PE STUDENTS IN THE EXPERTISE AND CULTURE OF A STEM-BASED COMPANY OR INSTITUTION. PAST PARTNERS HAVE INCLUDED: TATA CONSULTANCY SERVICES, WHICH LED ACTIVITIES IN CODING AND ROBOTICS; AND MOTOROLA MOBILITY, WHICH PAIRED GIRLS FROM S4S WITH A DIVERSE GROUP OF PROFESSIONAL WOMEN. ENVIRONMENTAL ADVENTURERS (EA) EA IS AIMED AT ENGAGING DIVERSE, URBAN YOUTH IN THE ENVIRONMENTAL SCIENCES, BIOLOGY, ANATOMY, AND ZOOLOGY SUBJECTS TO DEVELOP SKILLS IN RESEARCH IN A MEANINGFUL AND HANDS-ON WAY. THE PARTICIPANTS INVOLVED IN THE PROGRAM WILL DO REAL SCIENTIFIC AND ENVIRONMENTAL WORK WITH OTHER PARTICIPANTS WHILE LEARNING HOW TO DEVELOP A RESEARCH QUESTION TO UNDERSTAND THE IMPORTANCE OF OUR ENVIRONMENT. SCHOOL-BASED PROGRAMS - SCHOOL-BASED PROGRAMS ARE DESIGNED TO PROVIDE STEM PROGRAMMING FOR STUDENTS AT THEIR HOME SCHOOL. PROJECT EXPLORATION HAS IDENTIFIED COMMUNITIES WITHIN THE WEST AND NEAR WEST SIDE, FAR SOUTH, SOUTH, AND SOUTHWEST SIDE OF CHICAGO AS PROGRAM SERVICE AREAS. THESE COMMUNITIES REFLECT AREAS THAT HAVE LIMITED TO NO ROBUST STEM LEARNING OPPORTUNITIES. PE PARTNERS WITH LOCAL COMMUNITY-BASED ORGANIZATIONS OR WORKS DIRECTLY WITH CPS TO DETERMINE WHICH SCHOOLS TO SERVE. PE COLLABORATES WITH SCHOOL ADMINISTRATORS AND TEACHERS TO DETERMINE WHICH PROGRAMS TO OFFER. PLACE-BASED PROGRAMS - PLACE-BASED PROGRAMS ARE DESIGNED TO PROVIDE STEM PROGRAMMING WITHIN A GEOGRAPHIC AREA AND SERVE AS A COMMUNITY STEM HUB. PROJECT EXPLORATION HAS TWO PLACE-BASED LOCATIONS. THE WEST SIDE STEM LEARNING CENTERS AT THE GEORGE LELAND ELEMENTARY SCHOOL CAMPUS WAS LAUNCHED IN 2017. IN 2021, PE LAUNCHED A SECOND PARTNERSHIP WITH BETHEL NEW LIFE TO CREATE ANOTHER PLACE-BASED STEM LEARNING CENTER. EACH AIMS TO AMPLIFY THE VALUE OF STEM LEARNING IN THE COMMUNITY, STRENGTHEN COMMUNITY COHESION THROUGH FAMILY PROGRAMMING, AND BRING CITYWIDE STEM RESOURCES AND PROGRAMS TO THE LOCAL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 RETURN WAS NOT SENT TO ALL BOARD MEMBERS. THE RETURN HAS BEEN SENT TO CHAIR, TREASURER, ONE OR MORE ADDITIONAL BOARD MEMBERS WITH ACCOUNTING OR TAX EXPERTISE, AND OUTSIDE LEGAL COUNSEL FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS REQUIRED TO DISCLOSE ANY CONFLICTS AND FILL OUT CONFLICTS OF INTEREST FORM ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILIZED PUBLICLY AVAILABLE SURVEYS TO DETERMINE COMPARABLE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO THE EXTENT REQUIRED BY LAW, GOVERNING DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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