Civic Intelligence

Projectq

EIN 81-3740319 • 501(c)3 • Los Angeles, CA

Profile

Projectq provides free gender affirming haircuts, self empowering workshops, food & hygiene boxes, gender affirming clothing, chest binders, menstrual products, and so much more to lgbtqia+ youth experiencing homelessness.

PO Box 26421Los Angeles, CA 90026

www.projectq.me

Siviq Scores

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

Liabilities / Assets

90th percentile

0.70x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.06x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

4th percentile

-56%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

115%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$77,174

Down $100,035 (-56%) from 2021

Liabilities

Up

$54,314

Up $15,646 (+40%) from 2021

Net Assets

Down

$22,860

Down $115,681 (-83%) from 2021

Revenue

Up

$962,580

Up $514,880 (+115%) from 2021

Expenses

Up

$1,078,261

Up $617,091 (+134%) from 2021

Net Income

Down

-$115,681

Down $102,211 (-759%) from 2021

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2020: $193,663Liabilities 2020: $44,146Net Assets 2020: $149,5172020Assets 2021: $177,209Liabilities 2021: $38,668Net Assets 2021: $138,5412021Assets 2022: $77,174Liabilities 2022: $54,314Net Assets 2022: $22,8602022

Highlighted filing

2022

Assets$77,174
Liabilities$54,314
Net Assets$22,860

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $411,192Expenses 2020: $219,828Net Income 2020: $191,3642020Revenue 2021: $447,700Expenses 2021: $461,170Net Income 2021: -$13,4702021Revenue 2022: $962,580Expenses 2022: $1,078,261Net Income 2022: -$115,6812022

Highlighted filing

2022

Revenue$962,580
Expenses$1,078,261
Net Income-$115,681

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$962,730
Mission and Program Overview

Mission

Projectq provides free gender affirming haircuts, self empowering workshops, food & hygiene boxes, gender affirming clothing, chest binders, menstrual products, and so much more to lgbtqia+ youth experiencing homelessness.

To support homeless lgbtqia+ youth through self-empowerment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$169,849$68,642▼ $101,207
Loans From Officers Directors$38,668$38,249▼ $419
Rtn Earn Endowment Incm Other Fnds$138,541$22,860▼ $115,681
Inventories for Sale or Use$7,360$8,532▲ $1,172
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$177,209$77,174▼ $100,035
Liabilities
Other Liabilities$0$15,664▲ $15,664
Accounts Payable and Accrued Expenses-$401-
Total Liabilities$38,668$54,314▲ $15,646
Net Assets / Fund Balance
Total Net Assets Fund Balance$138,541$22,860▼ $115,681
Total Liabilities and Net Assets / Fund Balance$177,209$77,174▼ $100,035
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Madin LopezExecutive DirectorFT$88,931$88,931

Board Members and Trustees

NameTitle
Gael ZamudioChair
Zekiah WrightCo-chair
Dan WalkerBoard Member
Dyanne CanoBoard Member
Karen TongsonBoard Member
Nicholas TurtonBoard Member
Coral LoberaSecretary
Skylar MeyersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$941,277
Program Service Revenue
$0
Investment Income
$15
Other Revenue
$21,288
All Other Contributions
$827,102
Change in Net Assets
$-115,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$610,542
Salaries, Compensation, and Employee Benefits$409,388
Grants and Similar Amounts Paid$58,331
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,706$174,674-$290,380
All Other Expenses$76,588$30,156-$106,744
Current Officers, Directors, Trustees, and Key Employees$44,466$44,466-$88,932
Occupancy$64,977$7,220-$72,197
Advertising$45,424$5,047-$50,471
Insurance$46,722--$46,722
Office Expenses$38,686$4,298-$42,984
Grants to Domestic Individuals$41,885--$41,885
Payroll Taxes$19,402$10,674-$30,076
Travel$24,121$2,680-$26,801
Other Expenses$22,733$2,526-$25,259
Fees for Services Management-$20,000-$20,000
Grants to Domestic Orgs$16,446--$16,446
Fees for Services Accounting-$13,275-$13,275
Fees for Services Legal-$6,077-$6,077
Fees for Services Other-$438-$438
Total Functional Expenses$752,304$325,957$0$1,078,261
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
Loans from Officers, Directors, Trustees, and Key Employees$38,668$38,249▼ $419
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liability$15,664
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, Part VI, Section B, Line 11B

The tax returns are circulated with board members for review and approval prior to their signing and filing.

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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The board determines and approves compensation amounts of top management. Any overlap of top management on the board requires recusal by such board member/management from the compensation determination and approval process.

Form 990, Part VI, Section C, Line 19

Organization governing documents and financial statements are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Projectq
EIN
81-3740319
Phone
2136178442
Address
PO BOX 26421, LOS ANGELES, CA 90026

Signing Officer

Name
Madin Lopez
Title
CEO
Phone
2136178442
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Madin Lopez
Formed
2016
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
7
Volunteers
36

Preparer

Firm
Eide Bailly Llp
Address
21515 HAWTHORNE BLVD STE 1250, TORRANCE, CA 90503-6583
Preparer
Eugene Kim CPA
Phone
3105405990
Supplemental Narrative

Additional Explanations

De Minimis Safe Harbor Election

Projectq po box 26421 los angeles, ca 90026 empoloyer identification number: 81-3740319 for the year ending december 31, 2022 projectq is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0138541
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022860
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0941277
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0440680
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0399594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt093773
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt012618
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01887942
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05555
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08503
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03550
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt038708
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021288
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011700
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt072243
IRS990ScheduleA/InvestmentIncomeCYPct00.03690
IRS990ScheduleA/InvestmentIncomePYPct00.05070
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt0188
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt01465
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt03197
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt018096
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt010589
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt033535
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.50650
IRS990ScheduleA/PublicSupportPY509Pct00.65280
IRS990ScheduleA/PublicSupportTotal509Amt0992743
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0597390
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0184033
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0113776
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0895199
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0597390
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0184033
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0113776
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0895199
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0941277
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0440680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0399594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt093773
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012618
IRS990ScheduleA/Total509Grp/TotalAmt01887942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0962565
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0447700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0411294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0115419
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt023207
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01960185
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015664
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt015664
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS OF CLOTHES TO LQBTQ+ YOUTHS WHO NEED HELP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GRANTS OF FOOD AND HYGIENE BOXES TO LQBTQ+ YOUTHS WHO NEED HELP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2GRANTS OF FOOD AND PERSONAL CARE ITEMS TO LQBTQ+ YOUTHS WHO NEED HELP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt02157
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt128522
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt211206
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0CLOTHES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1FOOD AND HYGIENE BOXES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2FOOD AND PERSONAL CARE ITEMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0400
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21600
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0ESTIMATE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1PURCHASE PRICE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2PURCHASE PRICE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROJECTQ OFFERS ITS PROGRAMS TO LGBTQIA+ YOUTH IN NEED. INDIVIDUALS ARE ASKED TO FILL OUT A LOG BOOK WITH THEIR NAME AND THE DATE THEY RECEIVE THE ITEMS. THIS IS CROSS-REFERENCED WITH PROJECTQ'S INVENTORY OF PRE-PACKED BOXES DISTRIBUTED. THE ITEMS THAT MAKE UP EACH BOX ARE KEPT IN AN INVENTORY SO PROJECTQ KNOWS WHEN ITEMS ARE RUNNING LOW AND DONATIONS NEED TO BE COLLECTED TO REPLENISH SUPPLIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt038249
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FUNDING FOR INITIAL COSTS, ALL IN SUPPORT OF PROJECTQ'S CHARITABLE PURPOSE.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt063233
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MADIN LOPEZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt038249
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURNS ARE CIRCULATED WITH BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO THEIR SIGNING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINES AND APPROVES COMPENSATION AMOUNTS OF TOP MANAGEMENT. ANY OVERLAP OF TOP MANAGEMENT ON THE BOARD REQUIRES RECUSAL BY SUCH BOARD MEMBER/MANAGEMENT FROM THE COMPENSATION DETERMINATION AND APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROJECTQ PO BOX 26421 LOS ANGELES, CA 90026 EMPOLOYER IDENTIFICATION NUMBER: 81-3740319 FOR THE YEAR ENDING DECEMBER 31, 2022 PROJECTQ IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4DE MINIMIS SAFE HARBOR ELECTION
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0177209
IRS990/TotalAssetsEOYAmt077174

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