Overview
What is Project 1?
Project 1 is a nonprofit organization situated in Lake Orion, Michigan, with the mission to mobilize community involvement and financial support for various causes. Their primary objective is to make a tangible impact on individuals and families in need, one person and one family at a time. By harnessing the power of volunteers and the generosity of donors, Project 1 aims to contribute positively to their community's well-being. The organization's activities are centered around utilizing its resources to make a difference in people's lives.
Official website here: www.project1cares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Project 1 received a low rating of 53% from Charity Navigator, reflecting significant concerns in its accountability and finance practices. The organization lacks independent board members, with a score of 0% in this area, which raises questions about governance and oversight. Additionally, the charity does not have necessary policies such as a conflict of interest policy or a whistleblower policy, both of which are critical for maintaining transparency and ethical standards.
Despite these weaknesses, Project 1 demonstrates a strong commitment to its mission with a high program expense ratio of 92.92%, indicating that a substantial portion of its expenditures is dedicated to its programs rather than administrative costs. Furthermore, there are no reported material diversions of assets, and the organization has a favorable liabilities to assets ratio of 0.00%, suggesting financial stability in that regard.
However, the absence of documented board meeting minutes and other governance policies is a significant limitation that potential donors may want to consider. Overall, while Project 1 shows a strong focus on its programs, its governance issues and lack of transparency may deter support from some donors.
This AI summary has been generated from information found on Charity Navigator.
Is Project 1 legitimate?
Project 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project 1 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.project1cares.org
What is the mission statement of Project 1?
Project 1's mission is centered around mobilizing the power of volunteers and the generosity of donors to positively impact the lives of those in need. This is done on an individual and family level, focusing on a specific cause at a time. The objective is to make a difference in the community, leveraging the collective strength of each person's contribution.
Official website here: www.project1cares.org
Who is the CEO of Project 1?
Yvon Russell is the Director of Project 1.
Official website here: www.project1cares.org
What is the revenue of Project 1?
Project 1's revenue in 2022 was $0.
Official website here: www.project1cares.org
Who are the executives of Project 1 and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.project1cares.org
Where can I find the form 990 for Project 1?
Project 1's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.project1cares.org
Learn more at the official website: www.project1cares.org
Mission Statement of Project 1
Project 1, with its mission, seeks to harness the strength of volunteers and the generosity of donors. Their objective is to make a substantial impact in the lives of those in need, one individual and one family at a time, focusing on specific causes. By mobilizing these resources, Project 1 aims to create change and bring about positive differences in the communities they serve.
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Impact
October, 2024
Project 1 significantly impacts the community by harnessing volunteer efforts and donor contributions to address immediate needs within Lake Orion, MI. Through its focused approach, the initiative connects individuals and families with essential resources and support. By tackling one cause at a time, Project 1 not only provides critical assistance but also fosters a culture of compassion and community engagement. This targeted mobilization empowers local residents, strengthens community ties, and enhances overall well-being, demonstrating a powerful commitment to human services and meaningful change.
This information is meant to be a general summary of Project 1. 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.
Assets and Liabilities:
- Total Assets: $32,345
- Total Liabilities: $0
- Net Assets: $32,345
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Organization Details
Founding Year
2012
Phone
(248) 266-6361Principal Officer
Yvon Russell
Main Address
3340 SOUTH LAPEER RD, LAKE ORION, MI, 48359
Website
www.project1cares.orgNTEE Category
Code: P80 - Human services
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