Civic Intelligence

Project Trust Inc.

990EZ • Fiscal year 2023 • EIN 86-1398233

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization Profilen/a
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

65th percentile

0.00x

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

2023 filings • NTEE X99 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.00x

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

2023 filings • NTEE X99 • <$500k nonprofits • Source year 2023

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2023 filings • NTEE X99 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$122,698

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 61.4% of source-year revenue.

2023 filings • NTEE X99 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

23%

Faster asset growth than 78% of similar nonprofits.

2023 filings • NTEE X99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

8.1%

Faster revenue growth than 57% of similar nonprofits.

2023 filings • NTEE X99 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$9,611

Up $1,811 (+23%) from 2022

Net Assets

Up

$9,611

Up $1,811 (+23%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin43rd percentile

Revenue

Up

$199,873

Up $14,990 (+8.1%) from 2022

Expenses

Up

$198,062

Up $17,973 (+10.0%) from 2022

Net Income

Down

$1,811

Down $2,983 (-62%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

2023

Assets$9,611
Liabilities$0
Net Assets$9,611
Open 2023 Filing

Operations Trend

Revenue Growth57th percentile

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

2023

Revenue$199,873
Expenses$198,062
Net Income$1,811
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$199,873
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$198,064
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOSEF STRICKMANTrustee & PresidentFT$118,560$4,138$122,698
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
2024-11-15
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: 1,533. Description: AUTO EXPENSE. Amount: 13,192. Description: CREDIT CARD PROCESSING FEES. Amount: 5,189. Description: OFFICE SUPPLIES & SOFTWARE. Amount: 7,117. Description: PAYROLL PROCESSING FEE. Amount: 1,088. Description: TAXES & LICENSES. Amount: 384. Description: TELEPHONE. Amount: 1,586. Total to Form 990-EZ, line 16: 30,089.”

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

“Description: LOAN RECEIVABLE. Beg. of Year Amount: 4,567. End of Year Amount: 8,634.”

Raw XML Appendix145 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PASSAIC
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt09611
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07800
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09611
IRS990EZ/OccupancyRentUtltsAndMaintAmt03600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0118560
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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
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04567
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08634
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt030089
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To establish a religios association aspiring for high ethics and morality.
IRS990EZ/PrintingPublicationsPostageAmt064
IRS990EZ/ProgramServiceRevenueAmt0165488
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To establish a religious association aspiring for high ethics and morality.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0198064
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0158347
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0n/a
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04882
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt057717
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04882
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt057717
IRS990ScheduleA/TotalSupportAmt057717
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: ADVERTISING. Amount: 1,533. Description: AUTO EXPENSE. Amount: 13,192. Description: CREDIT CARD PROCESSING FEES. Amount: 5,189. Description: OFFICE SUPPLIES & SOFTWARE. Amount: 7,117. Description: PAYROLL PROCESSING FEE. Amount: 1,088. Description: TAXES & LICENSES. Amount: 384. Description: TELEPHONE. Amount: 1,586. Total to Form 990-EZ, line 16: 30,089.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: LOAN RECEIVABLE. Beg. of Year Amount: 4,567. End of Year Amount: 8,634.
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0YOSEF STRICKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE & PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09735250533
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
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
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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/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELI OELBAUM
ReturnHeader/ReturnTs02024-11-15T10:28:20-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,611
Liabilities
$0
Net assets
$9,611
Revenue
$199,873
Expenses
$198,062
Net income
$1,811
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.06$0.08$1.97$1.89$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$2.00$1.98$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.85$1.80$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.54$0.51$0.03