Overview
What is Project Syncere?
Project Syncere is a nonprofit organization situated in Chicago, Illinois, specifically at 9012 S Stony Island Ave. Their primary mission is to offer professional and educational services, with a specific focus on Engineering, to teachers and students within the Chicago metropolitan area. In the recent fiscal year, Project Syncere successfully served over 2000 students and organized a city-wide Engineering competition. The organization boasts a team of 28 dedicated individuals.
Official website here: www.projectsyncere.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Project Syncere has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The charity scored particularly well in areas such as having a fully independent board and maintaining a strong audit and oversight committee, showcasing effective governance practices. The absence of material diversion of assets further reinforces their commitment to ethical financial stewardship.
While the organization demonstrates strong financial oversight, there are some limitations noted in the data. The charity's fundraising efficiency ratio is relatively low at $0.062, which suggests that a significant portion of funds raised may not be effectively converted into programmatic support. Additionally, the organization's working capital ratio of 0.21 years indicates potential liquidity concerns, which could impact its long-term sustainability.
Overall, Project Syncere's accountability practices are commendable, but the organization may need to address its fundraising efficiency and working capital concerns to enhance its financial health and operational effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Project Syncere legitimate?
Project Syncere is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Syncere 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: $470,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,490
For more financial information, click here
Official website here: www.projectsyncere.org
What is the mission statement of Project Syncere?
Project Syncere's mission is centered around providing professional and educational services, specifically in the field of Engineering, to teachers and students in schools within the Chicago area. Their primary goal is to contribute to the learning experience of over 2000 students annually. As part of their mission, they organize a city-wide Engineering competition to engage and encourage students in this field.
Official website here: www.projectsyncere.org
Who is the CEO of Project Syncere?
Jason Coleman is the Executive Director of Project Syncere.
Official website here: www.projectsyncere.org
What is the revenue of Project Syncere?
Project Syncere's revenue in 2022 was $2,055,904.
Official website here: www.projectsyncere.org
Who are the executives of Project Syncere and what are their salaries?
The average compensation at Project Syncere during 2022 was $29,199. There are 28 employees and 8 volunteers at Project Syncere.
Here are 12 key members and their salaries:
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- Compensation: $110,250
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- Compensation: $85,000
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- Compensation: $85,000
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- Other: $0
Official website here: www.projectsyncere.org
Where can I find the form 990 for Project Syncere?
Project Syncere's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectsyncere.org
Learn more at the official website: www.projectsyncere.org
Mission Statement of Project Syncere
Project Syncere, a notable organization, is committed to delivering professional and educational services, specifically in the field of Engineering, to teachers and students within the Chicago land area. Their mission is geared towards enriching the educational experience of these students by focusing on Engineering, aiming to equip them with essential knowledge and skills in this domain. During the fiscal year, Project Syncere successfully served over 2000 students and even hosted a city-wide Engineering competition, demonstrating their dedication and impact in the community.
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Impact
October, 2024
Project Syncere has significantly impacted the educational landscape in the Chicago area by providing crucial professional and educational services focused on engineering. In the past fiscal year, it successfully served over 2,000 students, fostering an interest in engineering and related fields. This initiative not only enhances students' understanding of engineering principles but also prepares them for future careers in a critical industry.
Additionally, Project Syncere hosted a city-wide engineering competition, encouraging collaboration and creativity among students from various schools. Such events promote hands-on learning experiences, helping to bridge the gap between theoretical knowledge and practical application. By focusing on engineering education, Project Syncere plays a vital role in inspiring the next generation of innovators and problem solvers in the Chicago area.
This information is meant to be a general summary of Project Syncere. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $140,707
- Gross Receipts: $2,055,904
Assets and Liabilities:
- Total Assets: $480,192
- Total Liabilities: $18,596
- Net Assets: $461,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Services
Revenue
$140,707
Organization Details
Founding Year
2008
Phone
(773) 982-8261Principal Officer
Jason Coleman
Main Address
9012 S STONY ISLAND AVE, CHICAGO, IL, 606173508
Website
www.projectsyncere.orgNTEE Category
Code: B90 - Education
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