Overview
What is The Participatory Budgeting Project Inc?
The Participatory Budgeting Project Inc., situated in Brooklyn, New York, is a dedicated nonprofit organization. Their primary mission is to empower communities by enabling them to collectively decide on how public funds should be allocated. They provide technical assistance to strategic participatory budgeting (PB) processes and institutions, offering resources such as trainings, materials, coaching, and support to local governments and organizations. This assistance helps them implement effective civic engagement processes, ultimately leading to improved practice and growth in PB. The organization, with a team of 37 employees, strives to foster active citizenship and promote equitable resource distribution.
Official website here: www.participatorybudgeting.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 82%, Three-Star out of Four Star rating.
The Participatory Budgeting Project Inc has received a Three-Star rating, reflecting a solid commitment to accountability and financial management. With an impressive 90% score in Accountability & Finance, the organization shows strong governance, including a fully independent board and no material diversion of assets. Their commitment to transparency is evident through policies like whistleblower and conflict of interest protections, alongside thorough documentation of board activities.
The organization also excels in community engagement, boasting a Culture & Community score of 91. This indicates a strong focus on equity strategies and inclusive practices, which are essential for fostering trust and collaboration within the communities they serve. Their fundraising efficiency is noteworthy, with minimal costs associated with raising funds relative to the contributions received.
However, their Program Expense Ratio of 64.09% suggests that there may be room for improvement in directing a larger portion of their expenditures towards programmatic activities. Overall, The Participatory Budgeting Project Inc demonstrates a robust operational framework but could enhance its impact by increasing its program spending.
This AI summary has been generated from information found on Charity Navigator.
Is The Participatory Budgeting Project Inc legitimate?
The Participatory Budgeting Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Participatory Budgeting Project 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.participatorybudgeting.org
What is the mission statement of The Participatory Budgeting Project Inc?
The Participatory Budgeting Project Inc's mission is centered around empowering people. Their primary goal is to enable communities to collectively decide on how public funds should be allocated. This organization provides technical assistance to strategic Participatory Budgeting (PB) processes and institutions, offering trainings, materials, coaching, and other support to local government staff and organizations. This aid enables them to implement effective civic engagement processes, ultimately fostering increased community involvement and influence in budgeting decisions.
Official website here: www.participatorybudgeting.org
Who is the CEO of The Participatory Budgeting Project Inc?
Kristina Banks is the Co- Executive Director of The Participatory Budgeting Project Inc.
Official website here: www.participatorybudgeting.org
What is the revenue of The Participatory Budgeting Project Inc?
The Participatory Budgeting Project Inc's revenue in 2022 was $2,419,337.
Official website here: www.participatorybudgeting.org
Who are the executives of The Participatory Budgeting Project Inc and what are their salaries?
There are 37 employees at The Participatory Budgeting Project Inc.
Here are 9 key members and their salaries:
- Compensation: $96,494
- Related: $0
- Other: $0
- Compensation: $96,482
- Related: $0
- Other: $0
- Compensation: $78,063
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.participatorybudgeting.org
Where can I find the form 990 for The Participatory Budgeting Project Inc?
The Participatory Budgeting Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.participatorybudgeting.org
Learn more at the official website: www.participatorybudgeting.org
Mission Statement of The Participatory Budgeting Project Inc
The Participatory Budgeting Project Inc, as its mission statement suggests, aims to empower individuals to collectively decide on how public funds should be allocated. This organization's primary objective is to promote a democratic approach to budgeting, enabling communities to have a say in how their resources are utilized.
To achieve this goal, The Participatory Budgeting Project Inc provides direct support to strategic participatory budgeting (PB) processes and institutions. They offer a range of services, including trainings, materials, coaching, and other forms of assistance to staff from local governments and organizations. This support is designed to empower these entities to successfully implement high-impact civic engagement processes, thereby fostering a sense of community involvement in budgeting decisions.
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Impact
July, 2024
The Participatory Budgeting Project Inc empowers people to make decisions collectively on how to allocate public funds. Through their technical assistance, they support strategic participatory budgeting processes and institutions, enhancing civic engagement. Their work includes providing training, materials, coaching, and other resources to local governments and organizations, enabling them to implement impactful civic engagement initiatives. Their efforts in promoting participatory budgeting contribute to improving transparency, accountability, and community involvement in public finance decisions.
This information is meant to be a general summary of The Participatory Budgeting Project 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.
- Program Service Revenue: $924,495
- Gross Receipts: $2,419,337
Assets and Liabilities:
- Total Assets: $1,408,769
- Total Liabilities: $95,033
- Net Assets: $1,313,736
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$924,495
Organization Details
Founding Year
2011
Phone
(347) 652-1478Principal Officer
Kristina Banks
Main Address
594 DEAN STREET, BROOKLYN, NY, 11238
NTEE Category
Code: W02 - Public benefit
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