Civic Intelligence

Preface Project Inc.

EIN 83-3903496 • 501(c)3 • Duluth, GA

Pub. 78 Eligible990-N Coverage

Profile

The organization is a nonprofit that jump-starts childhood literacy by pairing high school mentors with elementary school students to set them up for a lifetime of learning.

3870 Peachtree Ind Blvd S-340 23Duluth, GA 30096

www.prefaceproject.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.03x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-8.9%

Higher net margin than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

53rd percentile

-0.1%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-43%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$187,295

Down $176 (-0.1%) from 2023

Liabilities

Up

$1,577

Up $1,577 from 2023

Net Assets

Down

$185,718

Down $1,753 (-0.9%) from 2023

Revenue

Down

$50,581

Down $38,883 (-43%) from 2023

Expenses

Down

$55,062

Down $6,318 (-10%) from 2023

Net Income

Down

-$4,481

Down $32,565 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $218,875Liabilities 2021: $2,365Net Assets 2021: $216,5102021Assets 2022: $218,875Liabilities 2022: $2,365Net Assets 2022: $216,5102022Assets 2023: $187,471Liabilities 2023: $0Net Assets 2023: $187,4712023Assets 2024: $187,295Liabilities 2024: $1,577Net Assets 2024: $185,7182024

Highlighted filing

2024

Assets$187,295
Liabilities$1,577
Net Assets$185,718

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $193,140Expenses 2021: $38,117Net Income 2021: $155,0232021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $89,464Expenses 2023: $61,380Net Income 2023: $28,0842023Revenue 2024: $50,581Expenses 2024: $55,062Net Income 2024: -$4,4812024

Highlighted filing

2024

Revenue$50,581
Expenses$55,062
Net Income-$4,481

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 9, 2025
Return Version
2024v5.2
Gross Receipts
$85,545
Mission and Program Overview

Mission

The organization is a nonprofit that jump-starts childhood literacy by pairing high school mentors with elementary school students to set them up for a lifetime of learning.

The organization is a charitable nonprofit that jump-starts childhood literacy by pairing high school mentors with elementary school students for virtual and in-person reading sessions, while providing service and scholarship opportunities for the next generation to set them up for a lifetime of learning.

Program Services

DescriptionGrantsExpenses
EMPOWERING COMMUNITES TO COMBAT EARLY CHILDHOOD ILLITERACY THROUGH IN-PERSON AND VIRTUAL READING SESSIONS, WHILE ALSO INVESTING IN FOUNDATIONAL EDUCATIONAL OPPORTUNITIES FOR THE NEXT GENERATION, THROUGH SCHOLARSHIP AND MENTORSHIP OPPORTUNITIES.$500$55,062
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JONATHAN WUExecutive Director / Board MemberPT$0--
ANTIGONE VALENCFO / Board Member-$0--
DAVID VIACOO / Board MemberPT$0--
DEVON MCCOURTBoard Member-$0--
WANDY TAYLORBoard Member-$0--
SUMNER MCCALLIEBoard Member-$0--
OLABODE ADUNBARINBoard Member-$0--
HEATHER PHILLIPSBoard Member-$0--
CAMERON RUFFABoard Member-$0--
JULIANNA VITOLOBoard Member-$0--
HAYES VAUGHANBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Event$45,880$20,280$5,482$14,798
Total Events$45,880$20,280$34,964$-14,684
Filing and Contact Details

Filer

Filer Name
Preface Project Inc
EIN
83-3903496
Phone
4045092195
Address
3870 PEACHTREE IND BLVD S-340 23, DULUTH, GA 30096

Signing Officer

Name
Antigone Valen
Title
CFO
Phone
4045092195
Signed
2025-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Warren Averett LLC
Address
2500 ACTON ROAD, BIRMINGHAM, AL 35243
Preparer
Megan Randolph
Phone
2059794100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 3,704.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: misc income. Amount: 3,750.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising and promotion. Amount: 417. Description: membership fees. Amount: 8,890. Description: office expenses. Amount: 1,201. Description: operational expense. Amount: 18,510. Description: insurance. Amount: 475. Description: travel. Amount: 147. Description: information technology. Amount: 22,577. Total to form 990-ez, line 16: 52,217.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: net unrealized gain on investments. Amount: 2,728.

Form 990-ez, Part II, Line 24 - Other Assets

Description: items donated. Beg. Of year amount: 24,929. End of year amount: 24,929. Description: inventory asset. Beg. Of year amount: 0. End of year amount: 24. Description: accounts payable. Beg. Of year amount: 222. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: chase credit card. Beg. Of year amount: 0. End of year amount: 450. Description: american express credit card. Beg. Of year amount: 0. End of year amount: 1,127.

Raw XML Appendix234 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION IS A CHARITABLE NONPROFIT THAT JUMP-STARTS CHILDHOOD LITERACY BY PAIRING HIGH SCHOOL MENTORS WITH ELEMENTARY SCHOOL STUDENTS FOR VIRTUAL AND IN-PERSON READING SESSIONS, WHILE PROVIDING SERVICE AND SCHOLARSHIP OPPORTUNITIES FOR THE NEXT GENERATION TO SET THEM UP FOR A LIFETIME OF LEARNING.
IRS990EZ/PrintingPublicationsPostageAmt089
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3,704.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISC INCOME. AMOUNT: 3,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 417. DESCRIPTION: MEMBERSHIP FEES. AMOUNT: 8,890. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,201. DESCRIPTION: OPERATIONAL EXPENSE. AMOUNT: 18,510. DESCRIPTION: INSURANCE. AMOUNT: 475. DESCRIPTION: TRAVEL. AMOUNT: 147. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 22,577. TOTAL TO FORM 990-EZ, LINE 16: 52,217.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: NET UNREALIZED GAIN ON INVESTMENTS. AMOUNT: 2,728.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ITEMS DONATED. BEG. OF YEAR AMOUNT: 24,929. END OF YEAR AMOUNT: 24,929. DESCRIPTION: INVENTORY ASSET. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 24. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 222. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: CHASE CREDIT CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 450. DESCRIPTION: AMERICAN EXPRESS CREDIT CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,127.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANTIGONE VALEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04045092195
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PREFACE PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0PREF
ReturnHeader/Filer/EIN0833903496
ReturnHeader/Filer/PhoneNum04045092195
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ReturnHeader/Filer/USAddress/CityNm0DULUTH
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ReturnHeader/Filer/USAddress/ZIPCd030096
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454084437
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARREN AVERETT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02500 ACTON ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02059794100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN RANDOLPH
ReturnHeader/ReturnTs02025-11-13T14:29:54-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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