Overview
What is Project Reap?
Project Reap is a nonprofit organization situated in Boston, Massachusetts, with a primary focus on education and networking opportunities in the real estate management sector, particularly for minority groups. They conduct comprehensive 10-week learning programs, both virtually and in-person, for 150 students. Beyond this, they offer advanced learning sessions to 1,800 alumni through virtual means and organize networking events in person, catering to a broader community. To further support the advancement of its alumni, Project Reap produces thought leadership publications and newsletters, maintains a job board, and operates a scholarship fund. Their headquarters can be found at 125 High Street 220, Boston, MA, 02110. With a small team of just 2 individuals, Project Reap remains committed to fostering growth and opportunities in the real estate management field for minorities.
Official website here: www.projectreap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Project Reap has achieved a score of 69%, which indicates a moderate level of performance in the nonprofit sector. The organization's strengths lie in its governance, as it has an independent board structure with full representation and has demonstrated effective management of its assets. Their program expense ratio is also strong at 75.20%, suggesting that a significant portion of their funds are directed towards their programs.
However, the overall Two-Star rating suggests there may be areas for improvement in accountability and finance practices. While the organization is in good standing regarding board independence and asset management, the rating reflects some concerns that could limit its effectiveness or transparency. Stakeholders may want to review these factors further when considering their support for Project Reap.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Project Reap?
94% of 10 reviewers on Facebook recommend Project Reap. Here’s a summary of their thoughts:
The reviews highlight that Project Reap is actively involved in addressing significant social issues, particularly related to human trafficking and community development. The nonprofit's commitment to integrating black history into its programs resonates well with participants, indicating a focus on educational and impactful initiatives.
Overall, the sentiment is overwhelmingly positive, suggesting that many find value in Project Reap’s programs and appreciate the organization's dedicated approach to fostering awareness and change in their communities.
This AI summary has been generated from reviews found on Facebook.
Is Project Reap legitimate?
Project Reap is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Reap 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: $135,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,189
For more financial information, click here
Official website here: www.projectreap.org
What is the mission statement of Project Reap?
Project Reap's mission is centered around promoting education and networking opportunities in the field of real estate management for minorities. This is achieved through various means, including conducting academies and virtual sessions, offering scholarships, and producing thought leadership publications and newsletters. The organization also hosts networking events and maintains a job board to support the advancement of its alumni.
Official website here: www.projectreap.org
Who is the CEO of Project Reap?
Unavailable
Official website here: www.projectreap.org
What is the revenue of Project Reap?
Project Reap's revenue in 2022 was $536,741.
Official website here: www.projectreap.org
Who are the executives of Project Reap and what are their salaries?
The average compensation at Project Reap during 2022 was $81,332. There are 2 employees at Project Reap.
Here are 2 key members and their salaries:
- Compensation: $135,474
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.projectreap.org
Where can I find the form 990 for Project Reap?
Project Reap's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectreap.org
Learn more at the official website: www.projectreap.org
Mission Statement of Project Reap
Project Reap, a notable organization, is dedicated to facilitating education and fostering networking opportunities in the realm of real estate management for minorities. Its mission is twofold: firstly, it aims to educate individuals from underrepresented groups in this field, and secondly, it strives to provide them with networking opportunities that can further their careers. Project Reap accomplishes this by conducting comprehensive academies, offering a 10-week learning program that caters to 150 students, both virtually and in person. Additionally, the organization holds advanced learning sessions for its alumni, making these opportunities available to over 1,800 individuals through virtual platforms. Furthermore, Project Reap organizes networking events, hosting seven such events in person, to provide its members with valuable opportunities to connect with industry professionals.
In addition to these educational and networking initiatives, Project Reap contributes to the advancement of its alumni through various other means. It produces thought leadership publications and newsletters, providing valuable insights and resources for its members. Project Reap also maintains a job board, offering employment opportunities for its alumni, and manages a scholarship fund to support their continuing education and professional growth. By providing these comprehensive resources and opportunities, Project Reap is instrumental in empowering minorities in the real estate management sector, fostering their growth and success.
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Impact
July, 2024
Project Reap has had a significant impact in the field of real estate management by providing education and networking opportunities to minority individuals. Through its academies and advanced learning sessions, Project Reap has reached a wide audience of students and alumni, totaling in the thousands. Additionally, the organization has facilitated in-person networking events, produced valuable publications, and maintained resources such as a job board and scholarship fund to support ongoing advancement within the industry. Overall, Project Reap's efforts have played a crucial role in enhancing diversity and inclusion within real estate management.
This information is meant to be a general summary of Project Reap. 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: $202
- Program Service Revenue: $79,782
- Gross Receipts: $536,741
Assets and Liabilities:
- Total Assets: $777,300
- Total Liabilities: $12,022
- Net Assets: $765,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees-alumni job placement
Revenue
$6,330
Student tuition/registr
Revenue
$73,452
Organization Details
Phone
(646) 543-7933Main Address
125 High Street 220, Boston, MA, 02110
Website
www.projectreap.orgNTEE Category
Code: B99 - Education
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