Overview
What is Project Connect Inc?
Project Connect Inc, based in Madison, Tennessee, is a compassionate nonprofit organization dedicated to supporting vulnerable individuals and families. Their mission is to break the cycle of poverty by providing emergency assistance, educational programs, and community projects. They establish relationships with individuals struggling with poverty and connect them to the faith community. Project Connect Nashville, as they're also known, exists to empower disconnected and vulnerable men, women, and their families. By offering guidance, assistance, education, and celebrating victories, they aim to help those in need navigate daily challenges. Additionally, Project Connect educates the church on poverty, fostering connections between those who wish to serve and those in need within their community.
Official website here: www.projectconnectnashville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Project Connect Inc has received an 85% rating from Charity Navigator, which reflects a strong performance in accountability and finance. The organization holds a perfect score for having an independent board and for the oversight of its financial statements. Additionally, it has not reported any material diversion of assets, indicating sound financial management practices.
However, the nonprofit has some gaps in its policies, most notably the absence of a whistleblower policy and a document retention and destruction policy. Furthermore, the tax form is not posted on the nonprofit's website, which may limit transparency for potential donors and stakeholders. Despite these limitations, the organization maintains a healthy program expense ratio of nearly 70%, suggesting that a significant portion of its funds is directed towards its mission-related activities.
Overall, Project Connect Inc demonstrates strong governance and financial practices but could enhance its accountability measures by addressing the noted policy deficiencies. The organization’s commitment to maintaining an independent board and effective oversight is commendable, providing a solid foundation for its operations and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Project Connect Inc legitimate?
Project Connect Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Connect 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: $105,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,956
For more financial information, click here
Official website here: www.projectconnectnashville.org
What is the mission statement of Project Connect Inc?
Project Connect Inc's mission is centered around aiding disconnected and vulnerable individuals trapped in poverty. The organization aims to foster relationships with these individuals, connecting them to the faith community. Project Connect exists to provide encouragement and guidance, offering assistance when needed. The organization also works to educate and equip these individuals for daily challenges, celebrating every victory along the way. Furthermore, Project Connect seeks to enlighten the church on poverty, linking those eager to serve with opportunities to connect and assist those in need within their community.
Official website here: www.projectconnectnashville.org
Who is the CEO of Project Connect Inc?
Stuart Spears is the Chair of Project Connect Inc.
Official website here: www.projectconnectnashville.org
What is the revenue of Project Connect Inc?
Project Connect Inc's revenue in 2022 was $971,899.
Official website here: www.projectconnectnashville.org
Who are the executives of Project Connect Inc and what are their salaries?
The average compensation at Project Connect Inc during 2022 was $24,856. There are 14 employees and 262 volunteers at Project Connect Inc.
Here are 10 key members and their salaries:
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- Compensation: $28,293
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- Compensation: $75,462
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Official website here: www.projectconnectnashville.org
Where can I find the form 990 for Project Connect Inc?
Project Connect Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectconnectnashville.org
Learn more at the official website: www.projectconnectnashville.org
Mission Statement of Project Connect Inc
Project Connect Inc, a nonprofit organization, is dedicated to establishing relationships with individuals who find themselves trapped in cycles of poverty. Their mission is to assist these vulnerable men, women, and their families in connecting with the faith community. Project Connect exists to offer encouragement and guidance to those who are disconnected, providing assistance when needed. The organization's goal is not just to help individuals cope with daily challenges, but also to equip them with the necessary skills and knowledge. Every victory, no matter how small, is celebrated as part of this journey towards self-improvement.
Beyond individual support, Project Connect Inc also aims to educate the church community about poverty. They strive to connect those who desire to serve with opportunities to engage with and assist those in need within their own communities. By fostering these relationships, Project Connect Inc seeks to break the cycle of poverty and empower individuals to rebuild their lives. Their approach is holistic, encompassing not just practical assistance, but also education, encouragement, and celebration of progress.
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Impact
October, 2024
Project Connect Inc has made a significant impact in the lives of vulnerable individuals and families trapped in the cycle of poverty. By fostering relationships between those in need and the faith community, the organization creates a support network that encourages personal growth and healing.
Through its various initiatives, Project Connect provides crucial emergency assistance grants, which serve as a lifeline for individuals facing immediate crises. Furthermore, the education programs offered equip participants with practical skills essential for breaking free from poverty. This educational focus not only empowers individuals but also enhances their capacity to navigate daily challenges.
Project Connect also actively engages with the broader community by organizing projects that address local needs and foster connection among residents. By educating the church about poverty and encouraging active participation, the organization bridges the gap between those who seek to help and those who are in need, strengthening community ties.
Overall, Project Connect Inc is dedicated to transforming lives, celebrating individual victories along the way, and creating a more supportive and connected community in Madison, TN.
This information is meant to be a general summary of Project Connect 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$19,596
- Gross Receipts: $998,621
Assets and Liabilities:
- Total Assets: $1,040,140
- Total Liabilities: $561,930
- Net Assets: $478,210
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Organization Details
Founding Year
2010
Phone
(615) 750-2802Principal Officer
Stuart Spears
Main Address
PO BOX 295, MADISON, TN, 37116
NTEE Category
Code: Q33 - International
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