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Project Destiny Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260091366 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Project Destiny Inc?

Project Destiny Inc, a nonprofit situated in Pittsburgh, is committed to enhancing the lives of around 800 inner city youth. Their mission is to offer a secure environment where these young individuals can develop positively, foster healthy relationships, acquire knowledge, build a positive self-image, and uplift their childhood experiences. Project Destiny Inc's activities are designed to support the overall growth and well-being of these youth, thereby contributing to their personal development.


Official website here: www.projectdestinypgh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Star rating)

Project Destiny Inc has earned a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The organization excels in various areas, with a 95% score in Accountability & Finance, reflecting responsible stewardship of its resources and effective governance practices. Notably, the charity has a fully independent board and no material diversion of assets, which reinforces its credibility.

The organization demonstrates exceptional financial health, evidenced by a program expense ratio of over 91%, indicating that a significant portion of its expenditures directly supports its mission. With a fundraising efficiency ratio of $0.01, Project Destiny Inc has proven effective in resource mobilization, ensuring that minimal costs are associated with fundraising efforts. This efficiency allows for more funds directed toward its programs.

However, it is worth noting that Project Destiny Inc lacks a conflict of interest policy, which received a score of zero. This omission could raise concerns among stakeholders about transparency and governance practices. Despite this limitation, the overall robust financial scores suggest a well-managed organization that prioritizes its mission and the efficient use of donor funds.


This AI summary has been generated from information found on Charity Navigator.

Is Project Destiny Inc legitimate?

Project Destiny Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Destiny Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $67,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,132,797

For more financial information, click here


Official website here: www.projectdestinypgh.org

What is the mission statement of Project Destiny Inc?

Project Destiny Inc, as an organization, is committed to creating a conducive environment for inner city youth. Their mission is to facilitate the growth of these young individuals, encourage positive relationships, and provide opportunities for learning. The aim is to help these youth develop a positive self-image and improve their childhood experiences. Project Destiny Inc serves approximately 800 inner city youth in Pittsburgh, offering them a safe space to learn and grow.


Official website here: www.projectdestinypgh.org

Who is the CEO of Project Destiny Inc?

Samuel Kamin Esq is the Treasurer of Project Destiny Inc.


Official website here: www.projectdestinypgh.org

What is the revenue of Project Destiny Inc?

Project Destiny Inc's revenue in 2022 was $2,210,139.


Official website here: www.projectdestinypgh.org

Who are the executives of Project Destiny Inc and what are their salaries?

The average compensation at Project Destiny Inc during 2022 was $46,157. There are 26 employees at Project Destiny Inc.


Here are 7 key members and their salaries:


Brenda Gregg (Executive Dir.)
  • Compensation: $67,286
  • Related: $0
  • Other: $0
Samuel Kamin Esq (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Floyd Deschamps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalyn Marokvitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Lynn Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Kaloyeropoulou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.projectdestinypgh.org

Where can I find the form 990 for Project Destiny Inc?

Project Destiny Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.projectdestinypgh.org

Learn more at the official website: www.projectdestinypgh.org

Mission Statement of Project Destiny Inc

Project Destiny Inc, a nonprofit organization, is dedicated to creating a nurturing environment for inner-city youth. Its mission is to facilitate the growth, development, and improvement of these children's lives. By offering a secure space, Project Destiny encourages positive relationships and fosters learning opportunities. The organization aims to instill a positive self-image in the youth it serves, ultimately enhancing their childhood experiences. Approximately 800 inner-city youth in Pittsburgh benefit from Project Destiny's initiatives.

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Impact




October, 2024

Project Destiny Inc. significantly impacts the lives of approximately 800 inner-city youth in Pittsburgh by providing a safe environment where they can thrive. The organization fosters positive relationships and supports personal growth, enabling young individuals to enhance their self-image and engage in meaningful learning experiences. By focusing on youth development, Project Destiny Inc. empowers these children to navigate challenges, build resilience, and improve their overall childhood experiences. Through its dedicated efforts, the organization plays a crucial role in shaping a brighter future for the community by investing in its youth.




This information is meant to be a general summary of Project Destiny Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,210,139 (2022)
Expenses
$2,166,586 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $337,399
  • Gross Receipts: $2,210,139

Assets and Liabilities:

  • Total Assets: $2,440,378
  • Total Liabilities: $98,036
  • Net Assets: $2,342,342

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Other Income

Revenue

$121,326

Program Fees

Revenue

$216,073

Organization Details

Founding Year

2004

Principal Officer

Samuel Kamin Esq

Main Address

2200 California Avenue, Pittsburgh, PA, 15212

NTEE Category

Code: O50 - Youth development

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