Overview
What is Project Now Inc?
Project Now Inc, a nonprofit organization based in Rock Island, Illinois, is dedicated to reducing heating and cooling costs for low-income residents in Rock Island, Mercer, and Henry Counties, through weatherization and energy assistance programs. With a mission to eliminate poverty and combat existing poverty, Project Now aims to strengthen communities by enabling people to help themselves and one another. Their initiatives have assisted 12,674 customers in 5,930 homes during the year, and funding for these programs comes from federal and state grants and local energy companies. The organization's team consists of 160 employees, and their work aligns with the vision of a community that collaboratively meets human needs, protects human dignity, and restores hope.
Official website here: www.projectnow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Project Now Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. With an overall score of 88%, the organization excels in governance practices, boasting a fully independent board and comprehensive policies in place, which signify good oversight and management.
The nonprofit demonstrates effective financial stewardship, with a remarkable 94.47% of its expenses directed toward programs, reflecting its focus on fulfilling its mission. Furthermore, it has stringent measures for asset protection and transparency, as evidenced by a clean record with no material diversion of assets and thorough documentation practices.
However, the organization’s liabilities to assets ratio stands at 60.30%, which may raise some concerns about its financial health and sustainability. While this does not detract significantly from its overall performance, it suggests that potential donors and stakeholders should consider this aspect when evaluating the organization's long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Project Now Inc legitimate?
Project Now Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Now 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: $172,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,297,214
For more financial information, click here
Official website here: www.projectnow.org
What is the mission statement of Project Now Inc?
Project Now Inc's mission is to enhance communities by empowering individuals to help one another in eliminating poverty. They envision a cooperative community working together to address human needs, protect dignity, and restore hope. Project Now offers weatherization and energy assistance to reduce heating and cooling costs for low-income residents. These programs, funded by federal and state grants and local energy companies, aided 12,674 customers in 5,930 homes last year.
Official website here: www.projectnow.org
Who is the CEO of Project Now Inc?
Dwight L Ford is the Board Chair of Project Now Inc.
Official website here: www.projectnow.org
What is the revenue of Project Now Inc?
Project Now Inc's revenue in 2022 was $16,192,762.
Official website here: www.projectnow.org
Who are the executives of Project Now Inc and what are their salaries?
The average compensation at Project Now Inc during 2022 was $21,683. There are 160 employees and 250 volunteers at Project Now Inc.
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- Compensation: $63,693
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- Other: $2,713
Official website here: www.projectnow.org
Where can I find the form 990 for Project Now Inc?
Project Now Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectnow.org
Learn more at the official website: www.projectnow.org
Mission Statement of Project Now Inc
Project Now Inc, a dedicated nonprofit organization, is committed to eliminating poverty and combating existing poverty in communities. With a strong belief in self-help and communal support, Project Now envisions a community where everyone works together to address human needs, protect human dignity, and restore hope.
At the heart of Project Now's mission lies the provision of weatherization and energy assistance programs. These initiatives aim to help low-income residents of Rock Island, Mercer, and Henry Counties reduce their heating and cooling costs. By implementing weatherization measures and offering energy assistance, Project Now has significantly impacted the lives of 12,674 customers in 5,930 homes. Federal and state grants, as well as contributions from local energy companies, fund these essential programs.
Project Now's weatherization and energy assistance efforts serve as critical interventions in the fight against poverty. By providing affordable energy solutions, the organization helps families maintain a stable living environment and allocate their limited resources more effectively. This support not only alleviates immediate financial burdens but also empowers individuals and families to focus on long-term goals, such as education, employment, and personal growth.
In summary, Project Now Inc is a leading nonprofit organization dedicated to eliminating poverty and strengthening communities. Through its weatherization and energy assistance programs, Project Now helps families reduce their energy costs, providing them with the financial stability necessary to focus on their long-term goals and improve their quality of life.
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Impact
October, 2024
Project Now Inc significantly impacts the community by addressing and alleviating poverty through targeted energy assistance and weatherization programs. These initiatives are designed to lower heating and cooling costs for low-income residents in Rock Island, Mercer, and Henry Counties, resulting in direct financial relief for many families. Over the past year, the organization assisted 12,674 customers across 5,930 homes, demonstrating a robust commitment to enhancing the lives of those in need.
By providing essential support during economically challenging times, Project Now empowers individuals and families to manage their living expenses more effectively, thus fostering greater economic stability. The funding for these vital programs comes from federal and state grants, as well as collaborations with local energy companies, enabling continuous support for the community.
Ultimately, Project Now Inc plays a crucial role in strengthening community ties as it encourages residents to work together to meet human needs, protect dignity, and restore hope in their lives. Through its services, the organization not only addresses immediate financial burdens but also promotes a vision of unity and collective effort in overcoming poverty.
This information is meant to be a general summary of Project Now 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: -$8,806
- Program Service Revenue: $406,084
- Gross Receipts: $16,192,762
Assets and Liabilities:
- Total Assets: $4,078,710
- Total Liabilities: $2,483,921
- Net Assets: $1,594,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$303,676
PROGRAM INCOME
Revenue
$102,408
Organization Details
Founding Year
1968
Phone
(309) 793-6391Principal Officer
Dwight L Ford
Main Address
418 19TH STREET, ROCK ISLAND, IL, 61201
Website
www.projectnow.orgNTEE Category
Code: P200 - Human services
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