Overview
What is Market Project Inc?
Market Project Inc is a nonprofit organization based in Washington D.C., specifically at PO Box 15491. Their primary mission is to establish sustainable businesses that offer transformative and dignity-affirming job opportunities for survivors of trauma, exploitation, and trafficking. By doing so, they aim to build their skills and promote well-being within their communities, contributing to their healing journey. In 2022, their business, NGUVU Dairy Limited, employed 208 individuals in eight locations in Northern Uganda. Market Project Inc conducts regular training sessions, offering sales training to 145 employees. A significant portion of their staff views earnings from NGUVU as their primary or secondary source of income, with a majority reporting improved financial situations since joining the organization.
Official website here: www.marketproject.org
Is Market Project Inc legitimate?
Market Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Market 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: $35,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,522
For more financial information, click here
Official website here: www.marketproject.org
What is the mission statement of Market Project Inc?
Market Project Inc's mission is centered around building sustainable businesses and workplaces that are transformative and dignity-affirming for survivors of complex trauma. Survivors often face difficulties in finding sustainable employment. Market Project Inc works closely with these survivors to help them establish thriving businesses. These businesses not only provide employment opportunities but also foster healing. In 2022, one of their businesses, NGUVU Dairy Limited, employed 208 individuals across 8 locations in Northern Uganda. Market Project Inc conducts regular training sessions, including sales training, to equip their employees with necessary skills. A significant portion of their employees consider earnings from Market Project Inc as their primary or secondary source of income, and many report an improvement in their financial situation since joining the company.
Official website here: www.marketproject.org
Who is the CEO of Market Project Inc?
Dorothy Douglas Taft is the Executive Dir. of Market Project Inc.
Official website here: www.marketproject.org
What is the revenue of Market Project Inc?
Market Project Inc's revenue in 2022 was $262,341.
Official website here: www.marketproject.org
Who are the executives of Market Project Inc and what are their salaries?
The average compensation at Market Project Inc during 2022 was $65,564. There are 2 employees and 11 volunteers at Market Project Inc.
Here are 9 key members and their salaries:
- Compensation: $34,080
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- Compensation: $98,133
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- Other: $0
Official website here: www.marketproject.org
Where can I find the form 990 for Market Project Inc?
Market Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marketproject.org
Learn more at the official website: www.marketproject.org
Mission Statement of Market Project Inc
Market Project Inc, an organization dedicated to assisting survivors of complex trauma, aims to build sustainable businesses and create workplaces that are transformative and dignity-affirming. Their mission is centered around providing survivors of trauma, exploitation, and trafficking with thriving businesses that foster healing. Survivors often face challenges in finding sustainable employment, and Market Project Inc works to address this issue by offering them transformative and dignity-affirming jobs in market-based businesses.
The work created by Market Project Inc is designed to promote skill-building and flourishing within the community, ultimately advancing the survivor's healing journey. In 2022, one of their businesses, NGUVU Dairy Limited, employed 208 individuals in eight locations across Northern Uganda. The organization also conducted 11 training sessions, providing sales training to 145 employees. In a semi-annual staff survey, approximately 85% of the staff viewed earnings from NGUVU as their primary or second most important source of income, and 88% reported an improvement in their income since joining NGUVU. This data suggests that Market Project Inc's mission is making a significant impact in the lives of those they serve.
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Impact
October, 2024
Market Project Inc has a profound impact on the lives of survivors of complex trauma, exploitation, and trafficking by creating sustainable job opportunities that foster healing and dignity. Through its efforts, the organization has established businesses like Nguvu Dairy Limited, which successfully employed 208 individuals across eight locations in Northern Uganda in 2022.
By offering transformative workplaces, Market Project Inc not only provides essential employment but also equips its staff with valuable skills through comprehensive training programs. For instance, 145 employees received sales training, enhancing their professional capabilities and increasing their employability. The benefits of this approach are evident; in a semi-annual staff survey, 85% of employees identified earnings from Nguvu as their primary or secondary source of income. Additionally, 88% reported that their financial situation had significantly improved since joining the organization.
The impact of Market Project Inc extends beyond mere employment. It promotes community flourishing by empowering survivors, helping them reclaim their dignity, and supporting their healing journeys. The sustained income and personal growth experienced by employees contribute to stronger, more resilient communities, ultimately advancing broader social improvement.
This information is meant to be a general summary of Market 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.
- Investment Income: -$71,839
- Gross Receipts: $334,180
Assets and Liabilities:
- Total Assets: $243,314
- Total Liabilities: $985
- Net Assets: $242,329
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Organization Details
Founding Year
2013
Phone
(703) 608-3446Principal Officer
Dorothy Douglas Taft
Main Address
PO BOX 15491, WASHINGTON, DC, 20003
Website
www.marketproject.orgNTEE Category
Code: S30 - Community improvement
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