Civic Intelligence

Project Hood Community Development Corporation

990 • Fiscal year 2022 • EIN 45-3964886

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

6620 S King DriveChicago, IL 60637

(773) 326-4200

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

16th percentile

0.04x

Higher debt load relative to revenue than 16% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

93rd percentile

67%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$5,208

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

98th percentile

248%

Faster asset growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

254%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$13,654,556

Up $9,733,612 (+248%) from 2021

Net Assets

Up

$13,098,232

Up $9,615,770 (+276%) from 2021

Liabilities

Up

$556,324

Up $117,842 (+27%) from 2021

Revenue

Up

$14,446,217

Up $10,365,121 (+254%) from 2021

Expenses

Up

$4,819,679

Up $2,643,821 (+122%) from 2021

Net Income

Up

$9,626,538

Up $7,721,300 (+405%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $222,905Liabilities 2011: $0Net Assets 2011: $222,9052011Assets 2012: $176,300Liabilities 2012: $0Net Assets 2012: $176,3002012Assets 2013: $235,842Liabilities 2013: $0Net Assets 2013: $235,8422013Assets 2014: $324,169Liabilities 2014: $0Net Assets 2014: $324,1692014Assets 2015: $341,955Liabilities 2015: $0Net Assets 2015: $341,9552015Assets 2016: $342,120Liabilities 2016: $0Net Assets 2016: $342,1202016Assets 2017: $923,172Liabilities 2017: $0Net Assets 2017: $923,1722017Assets 2018: $4,392,487Liabilities 2018: $33,028Net Assets 2018: $4,359,4592018Assets 2019: $4,797,115Liabilities 2019: $39,170Net Assets 2019: $4,757,9452019Assets 2020: $2,601,112Liabilities 2020: $361,272Net Assets 2020: $2,239,8402020Assets 2021: $3,920,944Liabilities 2021: $438,482Net Assets 2021: $3,482,4622021Assets 2022: $13,654,556Liabilities 2022: $556,324Net Assets 2022: $13,098,2322022Assets 2023: $27,741,357Liabilities 2023: $336,092Net Assets 2023: $27,405,2652023Assets 2024: $29,073,337Liabilities 2024: $523,446Net Assets 2024: $28,549,8912024

Highlighted filing

2022

Assets$13,654,556
Liabilities$556,324
Net Assets$13,098,232

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $292,156Expenses 2011: $69,251Net Income 2011: $222,9052011Revenue 2012: $250,063Expenses 2012: $296,668Net Income 2012: -$46,6052012Revenue 2013: $351,832Expenses 2013: $292,290Net Income 2013: $59,5422013Revenue 2014: $221,123Expenses 2014: $132,916Net Income 2014: $88,2072014Revenue 2015: $218,879Expenses 2015: $201,093Net Income 2015: $17,7862015Revenue 2016: $210,967Expenses 2016: $210,802Net Income 2016: $1652016Revenue 2017: $542,387Expenses 2017: $371,312Net Income 2017: $171,0752017Revenue 2018: $4,246,346Expenses 2018: $817,763Net Income 2018: $3,428,5832018Revenue 2019: $2,182,716Expenses 2019: $1,349,122Net Income 2019: $833,5942019Revenue 2020: $1,782,883Expenses 2020: $1,472,231Net Income 2020: $310,6522020Revenue 2021: $4,081,096Expenses 2021: $2,175,858Net Income 2021: $1,905,2382021Revenue 2022: $14,446,217Expenses 2022: $4,819,679Net Income 2022: $9,626,5382022Revenue 2023: $21,621,831Expenses 2023: $7,342,171Net Income 2023: $14,279,6602023Revenue 2024: $7,119,971Expenses 2024: $6,329,446Net Income 2024: $790,5252024

Highlighted filing

2022

Revenue$14,446,217
Expenses$4,819,679
Net Income$9,626,538
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$14,446,217
Mission and Program Overview

Mission

Project h.o.o.d. (helping others obtain destiny) is a transformative initiative with a mission to empower underserved communities and drive positive change. The organization's website, www.projecthood.org, serves as a dynamic platform to showcase their impactful programs and initiatives. Through strategic partnerships, community engagement, and resource mobilization, project h.o.o.d. Strives to tackle social inequalities, enhance educational opportunities, improve healthcare access, and promote sustainable practices. With a deep commitment to fostering a sense of belonging and unity, the project aims to uplift individuals and families, providing them with the tools and support needed to unlock their true potential. By leveraging technology and innovative approaches, project h.o.o.d. Demonstrates a strong dedication to building a brighter future for those who need it most, serving as an inspiring model for grassroots initiatives across the globe.

Provide spiriutal, educational and life skills to low income residences in the woodlawn and englewood community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$814,910$8,774,213▲ $7,959,303
Land, Buildings, and Equipment, Net$1,989,937$2,119,047▲ $129,110
Savings and Temporary Cash Investments-$1,811,558-
Receivables From Officers Etc$1,091,623$0▼ $1,091,623
Pledges and Grants Receivable-$350,000-
Accounts Receivable-$236,959-
Investments in Publicly Traded Securities$24,474$40,995▲ $16,521
Other Notes and Loans Receivable, Net-$30,649-
Prepaid Expenses and Deferred Charges-$4,694-
Total Assets$3,920,944$13,654,556▲ $9,733,612
Other Assets Total$0$286,441▲ $286,441
Liabilities
Other Liabilities$0$286,441▲ $286,441
Unsecured Notes Loans Payable$269,000--
Mortgage Notes Payable Secured by Investment Property$150,000$150,000→ $0
Accounts Payable and Accrued Expenses$19,482$119,883▲ $100,401
Total Liabilities$438,482$556,324▲ $117,842
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,373,322$9,486,707▲ $8,113,385
Net Assets Without Donor Restrictions$2,109,140$3,611,525▲ $1,502,385
Total Net Assets Fund Balance$3,482,462$13,098,232▲ $9,615,770
Total Liabilities and Net Assets / Fund Balance$3,920,944$13,654,556▲ $9,733,612

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,595,705$63,601$1,659,306
Land$510,000-$510,000
Equipment$11,184$1,155$12,339
Other Land Buildings$2,158$1,342$3,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Desmond MarshallChief Operating OfficerFT$5,008$200$5,208

Board Members and Trustees

NameTitle
Pastor Corey BrooksBoard President
Carlton LynchBoard Member
James ThomasBoard Member
Patrick Milgan SrBoard Member
Steve BozemanSecretary
Isaac GreeneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,497,412
Program Service Revenue
$0
Investment Income
$8,573
Other Revenue
$-59,768
All Other Contributions
$13,496,995
Change in Net Assets
$9,626,538

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$26,902Fair Market Value (FMV) on Date Received
Total Noncash Contributions4$26,902-

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,446,217
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-10,767
Total Revenue per Audited Statements
$14,435,450
Total Revenue per Form 990
$14,446,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,887,898
Salaries, Compensation, and Employee Benefits$1,278,017
Grants and Similar Amounts Paid$653,764
Total Fundraising Expense$158,525
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$772,501$416,385-$1,188,886
Fees for Services Other$745,999$338,258-$1,084,257
Office Expenses$462,298$248,930-$711,228
Grants to Domestic Orgs$653,764--$653,764
Travel$78,837$42,451-$121,288
Payroll Taxes$54,348$29,265-$83,613
Other Expenses$46,223$24,890$158,525$71,113
Insurance$43,767$23,567-$67,334
Fees for Services Accounting-$53,434-$53,434
Depreciation Depletion$31,591$17,011-$48,602
All Other Expenses$29,703$15,993-$45,696
Interest$20,320$10,941-$31,261
Advertising$16,375$8,818-$25,193
Fees for Services Legal-$10,000-$10,000
Current Officers, Directors, Trustees, and Key Employees$3,862$1,656-$5,518
Total Functional Expenses$3,258,567$1,402,587$158,525$4,819,679

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,819,679
Total Expenses per Audited Statements$4,819,679
Total Expenses per Form 990$4,819,679
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Beginnings ChurchChicago, IL501(c)(3)General Operations$653,764
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$1,091,623$0▼ $1,091,623
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$286,441
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Part VI, Section A, Line 7A

Identifying needs: project h.o.o.d. Begins by assessing the skills, experties, and diverse perspectives that are necessary for the effective governance of their non-profit organization. Nomination: potential board members who possess the desired qualifications and background are nominated through various channels, which may include self-nomination and recommendations from current board members, staff, or stakeholders. Voting: the nominated candidates are presented to the existing board members for a formal vote. This vote is a crucial step in determining whether each candidate is approved to join the board.

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

Copies are provided to board members to review and approve

Form 990, Part VI, Section B, Line 12C

Quarterly review of all internal controls to ensure compliance according to organization's policies and procedures.

Form 990, Part VI, Section B, Line 15

Project h.o.o.d. Determines employee compensation based on grant requirements and the organization's needs. They also reference industry standards to set competitive pay ranges. This approach ensures compliance with grant stipulations while offering fair compensation. It helps strike a balance between external obligations and attracting qualified talent.

Form 990, Part VI, Section C, Line 19

Documents, policies, and financial statements may be made available upon request to project hood's office.

Filing and Contact Details

Filer

Filer Name
Project Hood Community Development
EIN
45-3964886
Phone
7733264200
Address
6620 S KING DRIVE, CHICAGO, IL 60637

Signing Officer

Name
Corey Brooks
Title
President
Phone
7733264200
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corey Brooks
Formed
2011
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
26
Volunteers
600

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Megan Angle
Phone
8479561040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 745,999. Management and general expenses 338,258. Fundraising expenses 0. Total expenses 1,084,257.

Financial Statement Notes

PART X, LINE 2:

The corporation has adopted the provision of asc topic 740, income taxes, relating to the accounting for uncertainty in income taxes. The corporation files information returns in the u.s. Federal jurisdiction, and the state of illinois. Management is not aware of any uncertain tax positions.

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IRS990/ActivityOrMissionDesc0PROVIDE SPIRIUTAL, EDUCATIONAL AND LIFE SKILLS TO LOW INCOME RESIDENCES IN THE WOODLAWN AND ENGLEWOOD COMMUNITY
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IRS990/Desc0PROJECT H.O.O.D. IMPLEMENTS A RANGE OF IMPACTFUL PROGRAMS TO UPLIFT UNDERSERVED COMMUNITIES.PROGRAMS INCLUDE NON VIOLENCE PROGRAMS, RE-ENTRY, YOUTH PROGRAMMING, WORKFORCE DEVELOPMENT, AND HEALTH AND WELLNESS. MOREOVER, PROJECT H.O.O.D. FOSTERS ECONOMIC EMPOWERMENT BY OFFERING JOB TRAINING AND ENTREPRENEURIAL OPPORTUNITIES, EMPOWERING INDIVIDUALS TO BREAK THE CYCLE OF POVERTY AND ACHIEVE SUSTAINABLE LIVELIHOODS.
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IRS990/MissionDesc0PROJECT H.O.O.D. (HELPING OTHERS OBTAIN DESTINY) IS A TRANSFORMATIVE INITIATIVE WITH A MISSION TO EMPOWER UNDERSERVED COMMUNITIES AND DRIVE POSITIVE CHANGE. THE ORGANIZATION'S WEBSITE, WWW.PROJECTHOOD.ORG, SERVES AS A DYNAMIC PLATFORM TO SHOWCASE THEIR IMPACTFUL PROGRAMS AND INITIATIVES. THROUGH STRATEGIC PARTNERSHIPS, COMMUNITY ENGAGEMENT, AND RESOURCE MOBILIZATION, PROJECT H.O.O.D. STRIVES TO TACKLE SOCIAL INEQUALITIES, ENHANCE EDUCATIONAL OPPORTUNITIES, IMPROVE HEALTHCARE ACCESS, AND PROMOTE SUSTAINABLE PRACTICES. WITH A DEEP COMMITMENT TO FOSTERING A SENSE OF BELONGING AND UNITY, THE PROJECT AIMS TO UPLIFT INDIVIDUALS AND FAMILIES, PROVIDING THEM WITH THE TOOLS AND SUPPORT NEEDED TO UNLOCK THEIR TRUE POTENTIAL. BY LEVERAGING TECHNOLOGY AND INNOVATIVE APPROACHES, PROJECT H.O.O.D. DEMONSTRATES A STRONG DEDICATION TO BUILDING A BRIGHTER FUTURE FOR THOSE WHO NEED IT MOST, SERVING AS AN INSPIRING MODEL FOR GRASSROOTS INITIATIVES ACROSS THE GLOBE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContributionsInd00
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc3UTILITIES
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IRS990/PartialLiquidationInd00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01899135
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01782883
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01740358
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01595705
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IRS990ScheduleD/EquipmentGrp/BookValueAmt011184
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01155
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012339
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04819679
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0510000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-10767
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01342
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0286441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt0-10767
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt014446217
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ADOPTED THE PROVISION OF ASC TOPIC 740, INCOME TAXES, RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE CORPORATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF ILLINOIS. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt04819679
IRS990ScheduleD/TotalLiabilityAmt0286441
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014435450
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0653764
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEW BEGINNINGS CHURCH
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06620 S KING DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060637
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROJECT H.O.O.D. IMPLEMENTS A RIGOROUS GRANT MONITORING PROCESS, WHICH INCLUDES CAREFUL BUDGET ALLOCATION AND FINANCIAL MANAGEMENT. REGULAR FINANCIAL AND PROGRAM REPORTING, ALONG WITH INTERNAL AUDITS, ENSURE TRANSPARENCY AND COMPLIANCE WITH GRANT REQUIREMENTS. CLEAR COMMUNICATION WITH GRANTORS, DOCUMENTATION OF ALL ACTIVITIES, AND TIMELY CORRECTIVE ACTIONS ARE KEY COMPONENTS OF THIS ROBUST MONITORING SYSTEM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV ON DATE RECEIVED
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IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IDENTIFYING NEEDS: PROJECT H.O.O.D. BEGINS BY ASSESSING THE SKILLS, EXPERTIES, AND DIVERSE PERSPECTIVES THAT ARE NECESSARY FOR THE EFFECTIVE GOVERNANCE OF THEIR NON-PROFIT ORGANIZATION. NOMINATION: POTENTIAL BOARD MEMBERS WHO POSSESS THE DESIRED QUALIFICATIONS AND BACKGROUND ARE NOMINATED THROUGH VARIOUS CHANNELS, WHICH MAY INCLUDE SELF-NOMINATION AND RECOMMENDATIONS FROM CURRENT BOARD MEMBERS, STAFF, OR STAKEHOLDERS. VOTING: THE NOMINATED CANDIDATES ARE PRESENTED TO THE EXISTING BOARD MEMBERS FOR A FORMAL VOTE. THIS VOTE IS A CRUCIAL STEP IN DETERMINING WHETHER EACH CANDIDATE IS APPROVED TO JOIN THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES ARE PROVIDED TO BOARD MEMBERS TO REVIEW AND APPROVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUARTERLY REVIEW OF ALL INTERNAL CONTROLS TO ENSURE COMPLIANCE ACCORDING TO ORGANIZATION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROJECT H.O.O.D. DETERMINES EMPLOYEE COMPENSATION BASED ON GRANT REQUIREMENTS AND THE ORGANIZATION'S NEEDS. THEY ALSO REFERENCE INDUSTRY STANDARDS TO SET COMPETITIVE PAY RANGES. THIS APPROACH ENSURES COMPLIANCE WITH GRANT STIPULATIONS WHILE OFFERING FAIR COMPENSATION. IT HELPS STRIKE A BALANCE BETWEEN EXTERNAL OBLIGATIONS AND ATTRACTING QUALIFIED TALENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS MAY BE MADE AVAILABLE UPON REQUEST TO PROJECT HOOD'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 745,999. MANAGEMENT AND GENERAL EXPENSES 338,258. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,084,257.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEW BEGINNINGS CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0912099802
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.1$0.52$28.5$7.12$6.33$0.79
2023Detailed filing. Detailed filing data is available for this year.$27.7$0.34$27.4$21.6$7.34$14.3
2022Detailed filing. Detailed filing data is available for this year.$13.7$0.56$13.1$14.4$4.82$9.63
2021Detailed filing. Detailed filing data is available for this year.$3.92$0.44$3.48$4.08$2.18$1.91
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.36$2.24$1.78$1.47$0.31
2019Detailed filing. Detailed filing data is available for this year.$4.80$0.04$4.76$2.18$1.35$0.83
2018Detailed filing. Detailed filing data is available for this year.$4.39$0.03$4.36$4.25$0.82$3.43
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.54$0.37$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.21$0.21$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.22$0.20$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.22$0.13$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.35$0.29$0.06
2012Summary only. Only limited summary data is available for this year.$0.18$0.00$0.18$0.25$0.30$0.05
2011Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$0.29$0.07$0.22