Project 88 Foundation

990 • Fiscal year 2016 • EIN 47-2066462

Jan 01, 2016 to Dec 31, 2016

Organization Profile www.project88.org

Missouri City, TX

Siviq Scores

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

0.08x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

6.8%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

44%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

-23%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets76th percentile

Assets

$56,019

Up $17,033 (+44%) from 2015

Net Assets

$51,349

Up $12,757 (+33%) from 2015

Liabilities

$4,670

Up $4,276 (+1085%) from 2015

Revenue And Expenses

Liabilities / Revenue70th percentile Net Margin58th percentile

Revenue

Down

$187,943

Down $57,098 (-23%) from 2015

Expenses

Down

$175,186

Down $46,293 (-21%) from 2015

Net Income

Down

$12,757

Down $10,805 (-46%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

Highlighted filing

2016

Assets$56,019

Liabilities$4,670

Net Assets$51,349

Open 2016 Filing

Operations Trend

Revenue Growth21st percentile

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

Highlighted filing

2016

Revenue$187,943

Expenses$175,186

Net Income$12,757

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2021)

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Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016

Mission and Program Overview

Mission

Project 88 Foundation's mission is to create outlets and strategic collaborations that connect students to opportunity. The organization is committed to helping high school students become competitive college applicants and leaders in their communities.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $56,019
Liabilities: $4,670
Net assets: $51,349
Revenue: $187,943
Expenses: $175,186
Net income: $12,757

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2021Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.17	$0.63	$0.46
2020Detailed filing. Detailed filing data is available for this year.	$0.46	$0.00	$0.46	$0.19	$0.61	$0.41
2019Summary only. Only limited summary data is available for this year.	$0.88	$0.00	$0.88	$3.36	$2.76	$0.60
2018Summary only. Only limited summary data is available for this year.	$0.29	$0.01	$0.28	$2.96	$2.93	$0.03
2017Summary only. Only limited summary data is available for this year.	$0.28	$0.03	$0.25	$1.89	$2.15	$0.26
2016Summary only. Only limited summary data is available for this year.	$0.56	$0.05	$0.51	$1.88	$1.75	$0.13
2015Summary only. Only limited summary data is available for this year.	$0.39	$0.00	$0.39	$2.45	$2.21	$0.24
2014Summary only. Only limited summary data is available for this year.	$0.15	$0.00	$0.15	$0.30	$0.15	$0.15