Civic Intelligence

Project Trust Inc.

990EZ • Fiscal year 2022 • EIN 86-1398233

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 16, 2023

264 Brook AvenuePassaic, NJ 07055

(973) 525-0533

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE X99 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE X99 • <$500k nonprofits • Source year 2022

Net Margin

44th percentile

2.6%

Higher net margin than 44% of similar nonprofits.

2022 filings • NTEE X99 • <$500k nonprofits • Source year 2022

Top Officer Pay

100th percentile

$118,710

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 64.2% of source-year revenue.

2022 filings • NTEE X99 • <$500k nonprofits • Source year 2022

Asset Growth

90th percentile

159%

Faster asset growth than 90% of similar nonprofits.

2022 filings • NTEE X99 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

245%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • NTEE X99 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,800

Up $4,794 (+159%) from 2021

Net Assets

Up

$7,800

Up $4,794 (+159%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$184,883

Up $131,224 (+245%) from 2021

Expenses

Up

$180,089

Up $129,136 (+253%) from 2021

Net Income

Up

$4,794

Up $2,088 (+77%) from 2021

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2021: $3,006Liabilities 2021: $0Net Assets 2021: $3,0062021Assets 2022: $7,800Liabilities 2022: $0Net Assets 2022: $7,8002022Assets 2023: $9,611Liabilities 2023: $0Net Assets 2023: $9,6112023Assets 2024: $14,339Liabilities 2024: $6,324Net Assets 2024: $8,0152024

Highlighted filing

2022

Assets$7,800
Liabilities$0
Net Assets$7,800

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2021: $53,659Expenses 2021: $50,953Net Income 2021: $2,7062021Revenue 2022: $184,883Expenses 2022: $180,089Net Income 2022: $4,7942022Revenue 2023: $199,873Expenses 2023: $198,062Net Income 2023: $1,8112023Revenue 2024: $197,359Expenses 2024: $189,344Net Income 2024: $8,0152024

Highlighted filing

2022

Revenue$184,883
Expenses$180,089
Net Income$4,794
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 16, 2023
Return Version
2022v5.0
Gross Receipts
$184,883
Mission and Program Overview

Mission

To establish a religios association aspiring for high ethics and morality.

Program Services

DescriptionGrantsExpenses
To establish a religious association aspiring for high ethics and morality.$0$180,088
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOSEF STRICKMANTrustee & PresidentFT$103,560$15,150$118,710
SABRINA STRICKMANTrustee & VPPT$0--
ABRAHAM KOPLOWITZTrustee & TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Project Trust Inc
EIN
86-1398233
Phone
9735250533
Address
264 BROOK AVENUE, PASSAIC, NJ 07055

Signing Officer

Name
Yosef Strickman
Title
Trustee & President
Phone
9735250533
Signed
2023-08-16
Discuss with paid preparer
Yes

Preparer

Firm
Hirsch Oelbaum Bram Hanover Cpas
Address
42 WEST 39 ST SUITE 400, NEW YORK, NY 10018
Preparer
Eli Oelbaum
Phone
2122278034
Supplemental Narrative

Additional Explanations

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

Description: ADVERTISING. Amount: 1,954. Description: AUTO EXPENSE. Amount: 7,775. Description: CREDIT CARD PROCESSING FEES. Amount: 4,385. Description: OFFICE SUPPLIES & SOFTWARE. Amount: 4,480. Description: PAYROLL PROCESSING FEE. Amount: 1,518. Description: TAXES & LICENSES. Amount: 7,494. Description: TELEPHONE. Amount: 1,172. Total to Form 990-EZ, line 16: 28,778.

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

Description: LOAN RECEIVABLE. Beg. of Year Amount: 0. End of Year Amount: 4,567.

Raw XML Appendix141 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990EZ/BooksInCareOfDetail/PhoneNum09735250533
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0264 BROOK AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PASSAIC
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007055
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03006
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03233
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt018450
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04794
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013048
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03006
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07800
IRS990EZ/GrossReceiptsAmt0184883
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03006
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07800
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03006
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07800
IRS990EZ/OccupancyRentUtltsAndMaintAmt03600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YOSEF STRICKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SABRINA STRICKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ABRAHAM KOPLOWITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE & PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE & VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE & TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04567
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt028778
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To establish a religios association aspiring for high ethics and morality.
IRS990EZ/PrintingPublicationsPostageAmt073
IRS990EZ/ProgramServiceRevenueAmt0166433
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To establish a religious association aspiring for high ethics and morality.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0180088
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0134590
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0180089
IRS990EZ/TotalProgramServiceExpensesAmt0180088
IRS990EZ/TotalRevenueAmt0184883
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0n/a
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt018450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023332
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt023332
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04882
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023332
IRS990ScheduleA/TotalSupportAmt023332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: ADVERTISING. Amount: 1,954. Description: AUTO EXPENSE. Amount: 7,775. Description: CREDIT CARD PROCESSING FEES. Amount: 4,385. Description: OFFICE SUPPLIES & SOFTWARE. Amount: 4,480. Description: PAYROLL PROCESSING FEE. Amount: 1,518. Description: TAXES & LICENSES. Amount: 7,494. Description: TELEPHONE. Amount: 1,172. Total to Form 990-EZ, line 16: 28,778.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: LOAN RECEIVABLE. Beg. of Year Amount: 0. End of Year Amount: 4,567.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24 - Other Assets
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0YOSEF STRICKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE & PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09735250533
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0861398233
ReturnHeader/Filer/PhoneNum09735250533
ReturnHeader/Filer/USAddress/AddressLine1Txt0264 BROOK AVENUE
ReturnHeader/Filer/USAddress/CityNm0PASSAIC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007055
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133641196
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HIRSCH OELBAUM BRAM HANOVER CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt042 WEST 39 ST SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02122278034
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELI OELBAUM
ReturnHeader/ReturnTs02023-08-16T15:49:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YOSEF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STRICKMAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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