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Project 92

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

EIN: 274380142 ✦ Lynden, WA ✦ Designated as a 501(c)(3)

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Overview

What is Project 92?

Project 92 is a nonprofit organization with a mission to spread the teachings of the Bible in regions surrounding India, including countries such as India, Bangladesh, Nepal, and Bhutan. Their primary focus lies in providing relief and development aid to emerging nations, aiming to alleviate suffering and establish long-term development initiatives. Project 92 also supports indigenous mission efforts in Southeast Asia, furthering their goal of sharing spiritual wisdom and improving living conditions in these regions.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Star rating)

Project 92 has received a 71% rating from Charity Navigator, indicating a mixed performance in terms of accountability and financial management. The organization has demonstrated strengths in governance, with a fully independent board and a strong commitment to transparency, as evidenced by its thorough conflict of interest policy and documented board meeting minutes.

Financially, Project 92 has a favorable program expense ratio of 87.64%, showcasing a significant portion of its expenses directed towards its programs rather than administrative costs. Additionally, the organization has a low liabilities to assets ratio of 0.44%, indicating solid financial health. However, the overall rating reflects some areas for improvement, suggesting that while the charity is functioning well, there may be opportunities for enhancing its operational effectiveness and transparency further.

Despite these strengths, the two-star rating suggests room for growth in overall accountability and financial practices. Stakeholders may want to consider these factors when assessing the impact and reliability of Project 92 as a nonprofit organization.


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

Is Project 92 legitimate?

Project 92 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project 92 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: $84,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Project 92?

Project 92's mission is centered around relief and development work in emerging nations. The primary objective is to alleviate suffering in these regions and foster long-term development initiatives. Additionally, the organization aims to share the message of the Bible with communities in and around the subcontinent of India, including countries like India, Bangladesh, Nepal, and Bhutan. Furthermore, Project 92 supports indigenous mission efforts in Southeast Asia. The organization's activities are geared towards fostering sustainable growth and spreading spiritual teachings in these regions.

Who is the CEO of Project 92?

Matthew Smith is the Director of Project 92.

What is the revenue of Project 92?

Project 92's revenue in 2022 was $739,487.

Who are the executives of Project 92 and what are their salaries?

The average compensation at Project 92 during 2022 was $42,446. There are 2 employees at Project 92.


Here are 5 key members and their salaries:


Joseph Shepherd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Webber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Iblings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Swanson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Project 92?

Project 92's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Project 92

Project 92 is a nonprofit organization dedicated to carrying out relief and development work in emerging nations. Their primary goal is to alleviate suffering and foster long-term development initiatives in these regions. One of their key objectives is to share the message of the Bible with communities located within the subcontinent of India, including countries such as India, Bangladesh, Nepal, and Bhutan. Additionally, Project 92 supports indigenous mission efforts in Southeast Asia, expanding their reach and impact beyond the Indian subcontinent. In essence, Project 92 aims to contribute to the betterment of these nations by addressing their immediate needs and advocating for sustainable development while also promoting religious beliefs.

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Impact




October, 2024

Project 92 significantly impacts emerging nations by addressing immediate humanitarian needs and fostering sustainable development. Through its relief efforts, the organization alleviates suffering by providing essential resources and support to vulnerable populations. This is crucial in regions like India, Bangladesh, Nepal, and Bhutan, where many face economic hardships and limited access to basic necessities.

In addition to immediate relief, Project 92 promotes long-term development initiatives. By investing in community-driven programs, the organization helps to empower local populations, ultimately enhancing their capacity to improve their own living conditions. This dual approach not only meets urgent needs but also lays the groundwork for lasting change and self-sufficiency.

Furthermore, Project 92 plays a role in bridging spiritual guidance and practical assistance. By sharing the message of the Bible and supporting indigenous mission efforts in Southeast Asia, the organization fosters a sense of hope and purpose among communities. This holistic approach contributes to both physical and spiritual well-being, making a profound impact on the lives of many in the regions it serves.




This information is meant to be a general summary of Project 92. 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
$739,487 (2022)
Expenses
$640,511 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $62
  • Gross Receipts: $739,487

Assets and Liabilities:

  • Total Assets: $327,739
  • Total Liabilities: $1,361
  • Net Assets: $326,378

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Organization Details

Founding Year

2010

Principal Officer

Matthew Smith

Main Address

8769 Vinup Rd, Lynden, WA, 98264

NTEE Category

Code: X21 - Religion related

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