Civic Intelligence

Project Return Inc.

990 • Fiscal year 2021 • EIN 62-1058325

Jul 01, 2020 to Jun 30, 2021 • Filed on May 09, 2022

109 Lafayette StNashville, TN 37210

(615) 327-9654

Siviq Scores

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

Liabilities / Assets

67th percentile

0.27x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.21x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

72nd percentile

27%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

63rd percentile

$150,262

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

90th percentile

56%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

32%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,303,107

Up $1,913,473 (+56%) from 2020

Net Assets

Up

$3,847,761

Up $1,861,137 (+94%) from 2020

Liabilities

Up

$1,455,346

Up $52,336 (+3.7%) from 2020

Revenue

Up

$6,857,195

Up $1,655,885 (+32%) from 2020

Expenses

Up

$4,981,058

Up $604,232 (+14%) from 2020

Net Income

Up

$1,876,137

Up $1,051,653 (+128%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $139,870Liabilities 2010: $131,290Net Assets 2010: $8,5802010Assets 2011: $212,763Liabilities 2011: $98,506Net Assets 2011: $114,2572011Assets 2012: $292,670Liabilities 2012: $48,386Net Assets 2012: $244,2842012Assets 2013: $254,169Liabilities 2013: $21,815Net Assets 2013: $232,3542013Assets 2014: $316,828Liabilities 2014: $34,551Net Assets 2014: $282,2772014Assets 2015: $442,362Liabilities 2015: $68,769Net Assets 2015: $373,5932015Assets 2016: $428,817Liabilities 2016: $56,459Net Assets 2016: $372,3582016Assets 2017: $946,643Liabilities 2017: $255,091Net Assets 2017: $691,5522017Assets 2018: $2,022,517Liabilities 2018: $662,180Net Assets 2018: $1,360,3372018Assets 2019: $2,042,792Liabilities 2019: $880,652Net Assets 2019: $1,162,1402019Assets 2020: $3,389,634Liabilities 2020: $1,403,010Net Assets 2020: $1,986,6242020Assets 2021: $5,303,107Liabilities 2021: $1,455,346Net Assets 2021: $3,847,7612021Assets 2022: $7,853,062Liabilities 2022: $1,654,448Net Assets 2022: $6,198,6142022Assets 2023: $9,581,767Liabilities 2023: $3,058,477Net Assets 2023: $6,523,2902023Assets 2024: $9,242,533Liabilities 2024: $3,588,410Net Assets 2024: $5,654,1232024

Highlighted filing

2021

Assets$5,303,107
Liabilities$1,455,346
Net Assets$3,847,761

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,016,3212010Revenue 2011: $1,329,523Expenses 2011: $1,223,846Net Income 2011: $105,6772011Expenses 2012: $1,057,9512012Expenses 2013: $776,3462013Revenue 2014: $1,135,380Expenses 2014: $1,085,457Net Income 2014: $49,9232014Revenue 2015: $1,732,437Expenses 2015: $1,641,120Net Income 2015: $91,3172015Revenue 2016: $1,730,478Expenses 2016: $1,731,713Net Income 2016: -$1,2352016Revenue 2017: $2,486,407Expenses 2017: $2,167,213Net Income 2017: $319,1942017Revenue 2018: $3,593,610Expenses 2018: $2,924,825Net Income 2018: $668,7852018Revenue 2019: $3,397,942Expenses 2019: $3,596,139Net Income 2019: -$198,1972019Revenue 2020: $5,201,310Expenses 2020: $4,376,826Net Income 2020: $824,4842020Revenue 2021: $6,857,195Expenses 2021: $4,981,058Net Income 2021: $1,876,1372021Revenue 2022: $9,325,657Expenses 2022: $6,974,804Net Income 2022: $2,350,8532022Revenue 2023: $7,796,709Expenses 2023: $7,472,033Net Income 2023: $324,6762023Revenue 2024: $6,292,553Expenses 2024: $6,850,380Net Income 2024: -$557,8272024

Highlighted filing

2021

Revenue$6,857,195
Expenses$4,981,058
Net Income$1,876,137
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 9, 2022
Return Version
2020v4.0
Gross Receipts
$6,857,195
Mission and Program Overview

Mission

People who have just been released from prison are typically stigmatized, overlooked, and pigeonholed by society. When they walk into project return, they discover that here they are valued, heard, and encouraged. While reduction of incarceration and other criminal justice reform continues to elude the u.s., project return serves as part of the solution. Project return is solely dedicated to the successful new beginnings of people returning to our community after incarceration. Now in its 44th year of service to tennessee, project return provides reentry assistance, including workforce development, to hundreds of men and women each year. We place employment at the core of our work, because it is the best predictor of a successful future for the people we serve, and all of our program services and business development are woven together to ensure maximal employment opportunity. The mission of project return is to provide services and connect people with resources needed to return succes

People who have just been released from prison are typically stigmatized, overlooked, and pigeonholed by society. When they walk into project return, they discover that here they are valued, heard, and encouraged. While reduction of incarceration and other criminal justice reform continues to elude the u.s., project return serves as part of the solution. Project return is solely dedicated to the successful new beginnings of people returning to our community after incarceration. Now in its 43rd year of service to tennessee, project return provides reentry assistance, including workforce development, to hundreds of men and women each year. We place employment at the core of our work, because it is the best predictor of a successful future for the people we serve, and all of our program services and business development are woven together to ensure maximal employment opportunity. The mission of project return is to provide services and connect people with resources needed to return succes

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,504,973$3,063,756▲ $1,558,783
Savings and Temporary Cash Investments$1,382,397$1,060,894▼ $321,503
Accounts Receivable$32,645$550,966▲ $518,321
Cash and Non-Interest-Bearing Accounts$249,057$344,552▲ $95,495
Pledges and Grants Receivable$214,189$202,291▼ $11,898
Inventories for Sale or Use-$63,793-
Prepaid Expenses and Deferred Charges$6,373$10,855▲ $4,482
Investments in Publicly Traded Securities-$6,000-
Total Assets$3,389,634$5,303,107▲ $1,913,473
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,273,558$1,149,691▼ $123,867
Accounts Payable and Accrued Expenses$129,452$305,655▲ $176,203
Total Liabilities$1,403,010$1,455,346▲ $52,336
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,874,561$3,595,369▲ $1,720,808
Net Assets With Donor Restrictions$112,063$252,392▲ $140,329
Total Net Assets Fund Balance$1,986,624$3,847,761▲ $1,861,137
Total Liabilities and Net Assets / Fund Balance$3,389,634$5,303,107▲ $1,913,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,629,711$220,482$2,850,193
Other Land Buildings$179,967$157,820$337,787
Land$225,443-$225,443
Equipment$28,635$60,937$89,572
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bettie KirklandCEOFT$140,000$10,262$150,262

Board Members and Trustees

NameTitle
Mark EppsPresident
Bob BrewerBoard Member
Dr Carol Creswell-betschBoard Member
Edwin SandersBoard Member
Elaina Al-nimriBoard Member
Hayley LevyBoard Member
Kelly HarterBoard Member
Molly RubergBoard Member
Elijah TruittSecretary
Ike NwaeleleTreasurer
Charles StoryVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$5,541,955
Program Service Revenue
$1,153,450
Investment Income
$2,424
Other Revenue
$159,366
All Other Contributions
$1,735,291
Change in Net Assets
$1,876,137

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
Other Non Cash Contri Table2$26,441Fair Market Value
Total Noncash Contributions2$26,441-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,857,195
Total Revenue per Audited Statements
$6,857,195
Total Revenue per Form 990
$6,857,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,263,461
Other Expenses$1,448,816
Grants and Similar Amounts Paid$268,781
Total Fundraising Expense$189,105
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,000,757$429,707$105,320$2,535,784
Occupancy$269,917$186,348$11,876$468,141
Other Employee Benefits$282,069$65,120$12,703$359,892
Grants to Domestic Individuals$268,781--$268,781
Fees for Services Other$74,215$193,688$450$268,353
Payroll Taxes$173,001$35,817$8,705$217,523
Current Officers, Directors, Trustees, and Key Employees$118,558$25,463$6,241$150,262
Depreciation Depletion-$132,926-$132,926
Office Expenses$15,450$96,763$9,243$121,456
Travel$56,250$10,077-$66,327
Insurance$49,271$12,020$2,656$63,947
All Other Expenses$9,619$21,384$19,649$50,652
Interest$41,779--$41,779
Other Expenses$23,654$674$260$24,588
Advertising$8,400-$11,453$19,853
Conferences and Meetings$360$1,684-$2,044
Total Functional Expenses$3,546,395$1,245,558$189,105$4,981,058

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,981,058
Total Expenses per Audited Statements$4,981,058
Total Expenses per Form 990$4,981,058
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

A draft copy of the form 990 is emailed to the executive committee of the board for comments and approval prior to filing with the irs.

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

When members annually sign our board member conflict of interest acknowledgement and disclosure form, they express their agreement that, in the course of meetings or activities, they are obligated to disclose any conflict of interest, or appearance of a conflict, when such arises, and that for transactions in which they have a conflict, they will abstain from discussion and voting.

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

The process incorporates comparability data and establishes the timing, board approval and required documentation, as well as the independence of the committee conducting the review and communication of the decision process.

Form 990, Page 6, Part VI, Line 19

The organization supplies this information to givingmatters.com, which can be accessed by the general public. The organization also provides information based on specific requests of documents.

Filing and Contact Details

Filer

Filer Name
Project Return Inc
EIN
62-1058325
Phone
6153279654
Address
109 LAFAYETTE ST, NASHVILLE, TN 37210

Signing Officer

Name
Bettie Kirkland
Title
CEO
Phone
6153279654
Signed
2022-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bettie Kirkland
Formed
1979
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
334
Volunteers
40

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Mike Dunn CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

People who have just been released from prison are typically stigmatized, overlooked, and pigeonholed by society. When they walk into project return, they discover that here they are valued, heard, and encouraged. While reduction of incarceration and other criminal justice reform continues to elude the u.s., project return serves as part of the solution. Project return is solely dedicated to the successful new beginnings of people returning to our community after incarceration. Now in its 43rd year of service to tennessee, project return provides reentry assistance, including workforce development, to hundreds of men and women each year. We place employment at the core of our work, because it is the best predictor of a successful future for the people we serve, and all of our program services and business development are woven together to ensure maximal employment opportunity. The mission of project return is to provide services and connect people with resources needed to return successfully to work and community after incarceration. Our vision is a full and free life after incarceration. We measure our success by two main metrics: high job acquisition and low recidivism. In 2021, of the 523 people who enrolled in project return's employment program, 423 (81%) got jobs. This is the opposite of the national norm, in which research shows that up to 75% of people returning from prison gain no employment in their first 12 months after release. Relatedly, recidivism rates across our state and country are measured in numerous ways and are as high as 70%, yet project return's recidivism rate for 2021 was 12%. Project return is a social enterprise-operating nonprofit. The people we serve are severely marginalized in the job market and routinely excluded from housing. To alleviate the barriers, we stand up our own businesses in those gaps, to create immediate employment opportunities as well as long- term, affordable rental options for our participants. With our mission- centered, revenue-generating social enterprises, we make donated dollars go further while we generate ways for people to succeed, against the odds, after incarceration. We have continued our year-over-year growth. Our operating budget for fy20 was 39% higher than that of fy19, and our fy21 operating budget increased by another 33% over fy20. In october 2020 we began the planning phase of our first expansion in chattanooga - replicating our culture, social enterprise, employment focus, and reentry services in our first new city - with a goal to open that office by october 2021.

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

Job readiness program and wraparound services: every week, project return conducts a 2.5-day course that equips our participants with the soft skills needed to be successful in the workplace. For people being released from prison and returning to the community, this program provides skills, individualized support, and opportunities to find and keep a job. Our curriculum incorporates financial literacy, relapse prevention, and digital literacy. Completion of our job readiness classes leads to a structured day of individualized assistance, including resume development, mock interviewing, and job search planning. During class completion day, project return staff evaluates and address participants' immediate, critical needs, providing wraparound supportive services such as: purchasing birth certificates and photo ids; housing assistance in the form of referrals and stipends; paying for medical, dental, and vision exams; bus passes and food bags; and tools and clothing for work. Additional programs at project return include child support services, job retention services, hard skills training courses, and an entrepreneurship program.

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

Pro housing: the typical housing trajectory we see for our people is that they are fortunate to reside in temporary housing for the first few months of their release, but it eventually comes to an end and they must look for affordable rental opportunities. Despite the fact that these individuals earn satisfactory wages and are reliable taxpayers in our community, stigma often leads to exclusion from the private market, as landlords are free to use conviction history as a basis for rejecting their applications. It can be practically impossible for them to get on a lease, despite their steady income, solid references, careful financial management, and overall wherewithal. Additionally, research shows that those who have been to prison just once experience homelessness at a rate 7 times higher than the general public, while those who have been incarcerated multiple times experience homelessness at a rate 13 times higher than those who haven't been incarcerated at all. Recognizing this severe need for accessible affordable rental housing for people with a conviction history, and following the success of proe, project return launched its second social enterprise, proh (project return opportunities for housing), in 2017. Through proh, project return acquires and rehabs modest, scattered-site (anti-enclave), multi-family properties, which are available to rent for those who have come through project return's programs. Since launch in 2017, project return has purchased and rehabbed 16 units (duplexes and triplexes) in sites scattered across nashville for rent to people who are leading successful new lives after incarceration. Speaking to the success of proh, recidivism rates of our proh tenants is 0% after two years of operation. By providing safe, stable, permanent housing, individuals can lead productive, successful lives and leave prison behind.

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

Pro employment (proe) and pro property solutions (props): despite increasing awareness and willingness of employers to hire people with conviction histories, there is still tremendous reluctance to hire people immediately after their release from incarceration. Project return offers innovative, employment-creating social enterprises as a solution. Proe (project return opportunities for employment), launched in 2013, functions as a transitional jobs program that bridges the gap between incarceration and employment. Through proe, project return hires eligible participants temporarily and places them in jobs on the worksites of partnering employers. Those companies gain much-needed workers, while project return's motivated job seekers gain an immediate income and valuable work experience, propelling them into long-term employment. Project return outfits them for the job, and provides transitional employees with job coaching, training, transportation, and wraparound support. Proe's success and our desire to expand on our immediate employment opportunities for participants led to the creation of another social enterprise, pro property solutions (props). Launched in january 2019, props is a property maintenance company that offers groundskeeping and commercial cleaning services, as well as facility maintenance and make-ready services, and property deconstruction. With this enterprise, we create more employment and hard skills opportunities for our people, all the while generating earned income to support our overall agency budget. Through props and proe, our participants gain real-world work experience on the job, as well as our individualized coaching and feedback, transportation, and other critical assistance, and project return generates earned income for the operation and growth of these employment-creating social enterprises. Between proe and props, we've employed over 950 people immediately after prison, paid them more than 1.6 million in wages, and generated more than 2.7 million in earned revenue.

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

In-reach: project return has historically conducted in-reach sessions inside incarceration facilities across the region and state, to encourage individuals to come to project return upon their release. Throughout the pandemic, project return remained on the frontline and continued delivering our signature services and employment opportunities. However, we were not able to continue our customary in-reach: at the beginning of covid-19 in march 2020, all prisons and jails were abruptly closed to visitors. Thus, we were unable to conduct in-person visits until those facilities were reopened to visitors starting in may/june 2021. During that period, we developed alternative approaches for our in-reach: we created virtual instructional sessions for the incarceration facilities that could accommodate it, we maintained mail correspondence with all of the prisons and jails, and we created targeted print content which we sent regularly to those facilities for distribution to their residents.

Financial Statement Notes

Schedule D, Page 3, Part X

The agency is exempt from federal and state income taxes under internal revenue code section 501(c)(3) and the tax laws of the state of tennessee. U.s. Gaap requires the agency to evaluate tax positions taken by the agency and recognize a tax liability (or asset) if the agency has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. Management has analyzed the tax position taken by the agency and has concluded that, as of june 30, 2021, no uncertain positions are taken or are expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The agency is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The agency is no longer subject to u.s. Federal income tax examinations by tax authorities for years ended prior to june 30, 2018.

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IRS990/ActivityOrMissionDesc0PEOPLE WHO HAVE JUST BEEN RELEASED FROM PRISON ARE TYPICALLY STIGMATIZED, OVERLOOKED, AND PIGEONHOLED BY SOCIETY. WHEN THEY WALK INTO PROJECT RETURN, THEY DISCOVER THAT HERE THEY ARE VALUED, HEARD, AND ENCOURAGED. WHILE REDUCTION OF INCARCERATION AND OTHER CRIMINAL JUSTICE REFORM CONTINUES TO ELUDE THE U.S., PROJECT RETURN SERVES AS PART OF THE SOLUTION. PROJECT RETURN IS SOLELY DEDICATED TO THE SUCCESSFUL NEW BEGINNINGS OF PEOPLE RETURNING TO OUR COMMUNITY AFTER INCARCERATION. NOW IN ITS 43RD YEAR OF SERVICE TO TENNESSEE, PROJECT RETURN PROVIDES REENTRY ASSISTANCE, INCLUDING WORKFORCE DEVELOPMENT, TO HUNDREDS OF MEN AND WOMEN EACH YEAR. WE PLACE EMPLOYMENT AT THE CORE OF OUR WORK, BECAUSE IT IS THE BEST PREDICTOR OF A SUCCESSFUL FUTURE FOR THE PEOPLE WE SERVE, AND ALL OF OUR PROGRAM SERVICES AND BUSINESS DEVELOPMENT ARE WOVEN TOGETHER TO ENSURE MAXIMAL EMPLOYMENT OPPORTUNITY. THE MISSION OF PROJECT RETURN IS TO PROVIDE SERVICES AND CONNECT PEOPLE WITH RESOURCES NEEDED TO RETURN SUCCES
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IRS990/Desc0JOB READINESS PROGRAM AND WRAPAROUND SERVICES: EVERY WEEK, PROJECT RETURN CONDUCTS A 2.5-DAY COURSE THAT EQUIPS OUR PARTICIPANTS WITH THE SOFT SKILLS NEEDED TO BE SUCCESSFUL IN THE WORKPLACE. FOR PEOPLE BEING RELEASED FROM PRISON AND RETURNING TO THE COMMUNITY, THIS PROGRAM PROVIDES SKILLS, INDIVIDUALIZED SUPPORT, AND OPPORTUNITIES TO FIND AND KEEP A JOB. OUR CURRICULUM INCORPORATES FINANCIAL LITERACY, RELAPSE PREVENTION, AND DIGITAL LITERACY. COMPLETION OF OUR JOB READINESS CLASSES LEADS TO A STRUCTURED DAY OF INDIVIDUALIZED ASSISTANCE, INCLUDING RESUME DEVELOPMENT, MOCK INTERVIEWING, AND JOB SEARCH PLANNING. DURING CLASS COMPLETION DAY, PROJECT RETURN STAFF EVALUATES AND ADDRESS PARTICIPANTS' IMMEDIATE, CRITICAL NEEDS, PROVIDING WRAPAROUND SUPPORTIVE SERVICES SUCH AS: PURCHASING BIRTH CERTIFICATES AND PHOTO IDS; HOUSING ASSISTANCE IN THE FORM OF REFERRALS AND STIPENDS; PAYING FOR MEDICAL, DENTAL, AND VISION EXAMS; BUS PASSES AND FOOD BAGS; AND TOOLS AND CLOTHING FOR WORK. ADDITIONAL PROGRAMS AT PROJECT RETURN INCLUDE CHILD SUPPORT SERVICES, JOB RETENTION SERVICES, HARD SKILLS TRAINING COURSES, AND AN ENTREPRENEURSHIP PROGRAM.
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IRS990/MissionDesc0PEOPLE WHO HAVE JUST BEEN RELEASED FROM PRISON ARE TYPICALLY STIGMATIZED, OVERLOOKED, AND PIGEONHOLED BY SOCIETY. WHEN THEY WALK INTO PROJECT RETURN, THEY DISCOVER THAT HERE THEY ARE VALUED, HEARD, AND ENCOURAGED. WHILE REDUCTION OF INCARCERATION AND OTHER CRIMINAL JUSTICE REFORM CONTINUES TO ELUDE THE U.S., PROJECT RETURN SERVES AS PART OF THE SOLUTION. PROJECT RETURN IS SOLELY DEDICATED TO THE SUCCESSFUL NEW BEGINNINGS OF PEOPLE RETURNING TO OUR COMMUNITY AFTER INCARCERATION. NOW IN ITS 43RD YEAR OF SERVICE TO TENNESSEE, PROJECT RETURN PROVIDES REENTRY ASSISTANCE, INCLUDING WORKFORCE DEVELOPMENT, TO HUNDREDS OF MEN AND WOMEN EACH YEAR. WE PLACE EMPLOYMENT AT THE CORE OF OUR WORK, BECAUSE IT IS THE BEST PREDICTOR OF A SUCCESSFUL FUTURE FOR THE PEOPLE WE SERVE, AND ALL OF OUR PROGRAM SERVICES AND BUSINESS DEVELOPMENT ARE WOVEN TOGETHER TO ENSURE MAXIMAL EMPLOYMENT OPPORTUNITY. THE MISSION OF PROJECT RETURN IS TO PROVIDE SERVICES AND CONNECT PEOPLE WITH RESOURCES NEEDED TO RETURN SUCCES
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IRS990/ProgSrvcAccomActy2Grp/Desc0PRO HOUSING: THE TYPICAL HOUSING TRAJECTORY WE SEE FOR OUR PEOPLE IS THAT THEY ARE FORTUNATE TO RESIDE IN TEMPORARY HOUSING FOR THE FIRST FEW MONTHS OF THEIR RELEASE, BUT IT EVENTUALLY COMES TO AN END AND THEY MUST LOOK FOR AFFORDABLE RENTAL OPPORTUNITIES. DESPITE THE FACT THAT THESE INDIVIDUALS EARN SATISFACTORY WAGES AND ARE RELIABLE TAXPAYERS IN OUR COMMUNITY, STIGMA OFTEN LEADS TO EXCLUSION FROM THE PRIVATE MARKET, AS LANDLORDS ARE FREE TO USE CONVICTION HISTORY AS A BASIS FOR REJECTING THEIR APPLICATIONS. IT CAN BE PRACTICALLY IMPOSSIBLE FOR THEM TO GET ON A LEASE, DESPITE THEIR STEADY INCOME, SOLID REFERENCES, CAREFUL FINANCIAL MANAGEMENT, AND OVERALL WHEREWITHAL. ADDITIONALLY, RESEARCH SHOWS THAT THOSE WHO HAVE BEEN TO PRISON JUST ONCE EXPERIENCE HOMELESSNESS AT A RATE 7 TIMES HIGHER THAN THE GENERAL PUBLIC, WHILE THOSE WHO HAVE BEEN INCARCERATED MULTIPLE TIMES EXPERIENCE HOMELESSNESS AT A RATE 13 TIMES HIGHER THAN THOSE WHO HAVEN'T BEEN INCARCERATED AT ALL. RECOGNIZING THIS SEVERE NEED FOR ACCESSIBLE AFFORDABLE RENTAL HOUSING FOR PEOPLE WITH A CONVICTION HISTORY, AND FOLLOWING THE SUCCESS OF PROE, PROJECT RETURN LAUNCHED ITS SECOND SOCIAL ENTERPRISE, PROH (PROJECT RETURN OPPORTUNITIES FOR HOUSING), IN 2017. THROUGH PROH, PROJECT RETURN ACQUIRES AND REHABS MODEST, SCATTERED-SITE (ANTI-ENCLAVE), MULTI-FAMILY PROPERTIES, WHICH ARE AVAILABLE TO RENT FOR THOSE WHO HAVE COME THROUGH PROJECT RETURN'S PROGRAMS. SINCE LAUNCH IN 2017, PROJECT RETURN HAS PURCHASED AND REHABBED 16 UNITS (DUPLEXES AND TRIPLEXES) IN SITES SCATTERED ACROSS NASHVILLE FOR RENT TO PEOPLE WHO ARE LEADING SUCCESSFUL NEW LIVES AFTER INCARCERATION. SPEAKING TO THE SUCCESS OF PROH, RECIDIVISM RATES OF OUR PROH TENANTS IS 0% AFTER TWO YEARS OF OPERATION. BY PROVIDING SAFE, STABLE, PERMANENT HOUSING, INDIVIDUALS CAN LEAD PRODUCTIVE, SUCCESSFUL LIVES AND LEAVE PRISON BEHIND.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PRO EMPLOYMENT (PROE) AND PRO PROPERTY SOLUTIONS (PROPS): DESPITE INCREASING AWARENESS AND WILLINGNESS OF EMPLOYERS TO HIRE PEOPLE WITH CONVICTION HISTORIES, THERE IS STILL TREMENDOUS RELUCTANCE TO HIRE PEOPLE IMMEDIATELY AFTER THEIR RELEASE FROM INCARCERATION. PROJECT RETURN OFFERS INNOVATIVE, EMPLOYMENT-CREATING SOCIAL ENTERPRISES AS A SOLUTION. PROE (PROJECT RETURN OPPORTUNITIES FOR EMPLOYMENT), LAUNCHED IN 2013, FUNCTIONS AS A TRANSITIONAL JOBS PROGRAM THAT BRIDGES THE GAP BETWEEN INCARCERATION AND EMPLOYMENT. THROUGH PROE, PROJECT RETURN HIRES ELIGIBLE PARTICIPANTS TEMPORARILY AND PLACES THEM IN JOBS ON THE WORKSITES OF PARTNERING EMPLOYERS. THOSE COMPANIES GAIN MUCH-NEEDED WORKERS, WHILE PROJECT RETURN'S MOTIVATED JOB SEEKERS GAIN AN IMMEDIATE INCOME AND VALUABLE WORK EXPERIENCE, PROPELLING THEM INTO LONG-TERM EMPLOYMENT. PROJECT RETURN OUTFITS THEM FOR THE JOB, AND PROVIDES TRANSITIONAL EMPLOYEES WITH JOB COACHING, TRAINING, TRANSPORTATION, AND WRAPAROUND SUPPORT. PROE'S SUCCESS AND OUR DESIRE TO EXPAND ON OUR IMMEDIATE EMPLOYMENT OPPORTUNITIES FOR PARTICIPANTS LED TO THE CREATION OF ANOTHER SOCIAL ENTERPRISE, PRO PROPERTY SOLUTIONS (PROPS). LAUNCHED IN JANUARY 2019, PROPS IS A PROPERTY MAINTENANCE COMPANY THAT OFFERS GROUNDSKEEPING AND COMMERCIAL CLEANING SERVICES, AS WELL AS FACILITY MAINTENANCE AND MAKE-READY SERVICES, AND PROPERTY DECONSTRUCTION. WITH THIS ENTERPRISE, WE CREATE MORE EMPLOYMENT AND HARD SKILLS OPPORTUNITIES FOR OUR PEOPLE, ALL THE WHILE GENERATING EARNED INCOME TO SUPPORT OUR OVERALL AGENCY BUDGET. THROUGH PROPS AND PROE, OUR PARTICIPANTS GAIN REAL-WORLD WORK EXPERIENCE ON THE JOB, AS WELL AS OUR INDIVIDUALIZED COACHING AND FEEDBACK, TRANSPORTATION, AND OTHER CRITICAL ASSISTANCE, AND PROJECT RETURN GENERATES EARNED INCOME FOR THE OPERATION AND GROWTH OF THESE EMPLOYMENT-CREATING SOCIAL ENTERPRISES. BETWEEN PROE AND PROPS, WE'VE EMPLOYED OVER 950 PEOPLE IMMEDIATELY AFTER PRISON, PAID THEM MORE THAN 1.6 MILLION IN WAGES, AND GENERATED MORE THAN 2.7 MILLION IN EARNED REVENUE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0IN-REACH: PROJECT RETURN HAS HISTORICALLY CONDUCTED IN-REACH SESSIONS INSIDE INCARCERATION FACILITIES ACROSS THE REGION AND STATE, TO ENCOURAGE INDIVIDUALS TO COME TO PROJECT RETURN UPON THEIR RELEASE. THROUGHOUT THE PANDEMIC, PROJECT RETURN REMAINED ON THE FRONTLINE AND CONTINUED DELIVERING OUR SIGNATURE SERVICES AND EMPLOYMENT OPPORTUNITIES. HOWEVER, WE WERE NOT ABLE TO CONTINUE OUR CUSTOMARY IN-REACH: AT THE BEGINNING OF COVID-19 IN MARCH 2020, ALL PRISONS AND JAILS WERE ABRUPTLY CLOSED TO VISITORS. THUS, WE WERE UNABLE TO CONDUCT IN-PERSON VISITS UNTIL THOSE FACILITIES WERE REOPENED TO VISITORS STARTING IN MAY/JUNE 2021. DURING THAT PERIOD, WE DEVELOPED ALTERNATIVE APPROACHES FOR OUR IN-REACH: WE CREATED VIRTUAL INSTRUCTIONAL SESSIONS FOR THE INCARCERATION FACILITIES THAT COULD ACCOMMODATE IT, WE MAINTAINED MAIL CORRESPONDENCE WITH ALL OF THE PRISONS AND JAILS, AND WE CREATED TARGETED PRINT CONTENT WHICH WE SENT REGULARLY TO THOSE FACILITIES FOR DISTRIBUTION TO THEIR RESIDENTS.
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt060937
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt089572
IRS990ScheduleD/ExpensesSubtotalAmt04981058
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0225443
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0225443
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0179967
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0157820
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0337787
IRS990ScheduleD/RevenueSubtotalAmt06857195
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AGENCY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX LAWS OF THE STATE OF TENNESSEE. U.S. GAAP REQUIRES THE AGENCY TO EVALUATE TAX POSITIONS TAKEN BY THE AGENCY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE AGENCY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITION TAKEN BY THE AGENCY AND HAS CONCLUDED THAT, AS OF JUNE 30, 2021, NO UNCERTAIN POSITIONS ARE TAKEN OR ARE EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE AGENCY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE AGENCY IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03063756
IRS990ScheduleD/TotalExpensesPerForm990Amt04981058
IRS990ScheduleD/TotalRevenuePerForm990Amt06857195
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06857195

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.24$3.59$5.65$6.29$6.85$0.56
2023Detailed filing. Detailed filing data is available for this year.$9.58$3.06$6.52$7.80$7.47$0.32
2022Detailed filing. Detailed filing data is available for this year.$7.85$1.65$6.20$9.33$6.97$2.35
2021Detailed filing. Detailed filing data is available for this year.$5.30$1.46$3.85$6.86$4.98$1.88
2020Detailed filing. Detailed filing data is available for this year.$3.39$1.40$1.99$5.20$4.38$0.82
2019Detailed filing. Detailed filing data is available for this year.$2.04$0.88$1.16$3.40$3.60$0.20
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.66$1.36$3.59$2.92$0.67
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.26$0.69$2.49$2.17$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.06$0.37$1.73$1.73$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.07$0.37$1.73$1.64$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.28$1.14$1.09$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.02$0.23$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.05$0.24$1.06
2011Summary only. Only limited summary data is available for this year.$0.21$0.10$0.11$1.33$1.22$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.13$0.01$1.02