Project 1151 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843458258 ✦ Missouri city, TX ✦ Designated as a 501(c)(3)

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Overview

What is Project 1151 Inc?

Project 1151 Inc is a nonprofit organization based in Missouri City, Texas. Their primary focus is on contributing to the lives and aspirations of young individuals in communities within Southern Africa. They achieve this through educational, medical, and athletic programs. As part of their mission, they are currently building a library for an after-school program and completing other capital projects, specifically for Macha Sports and Learning Project. With a small team of two employees, Project 1151 Inc is dedicated to making a meaningful impact in the lives of young people.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

Project 1151 Inc has achieved an impressive 94% rating from Charity Navigator, indicating a strong performance in accountability and finance. The rating highlights the charity's commitment to transparency, with a perfect score in several key areas, including 100% independent board members and no material diversion of assets.

Strengths of Project 1151 Inc include its robust governance structure, demonstrated by an entirely independent board and well-defined policies on conflict of interest and whistleblowing. Additionally, the charity excels in financial management, with a program expense ratio of 99.75%, ensuring that nearly all funds are directed toward its programs rather than administrative costs.

While the rating reflects a high level of effectiveness, potential donors may still seek to understand the specific programs and outcomes of the organization. Overall, Project 1151 Inc stands out for its dedication to financial integrity and operational accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Project 1151 Inc legitimate?

Project 1151 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project 1151 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: $29,427
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Project 1151 Inc?

Project 1151 Inc's mission is centered around partnering with communities in Southern Africa. They aim to invest in the lives and aspirations of young people by providing educational, medical, and athletic programs. This organization works towards constructing facilities such as libraries for after-school programs, in addition to completing other capital projects, all with the goal of uplifting the youth in these communities.

Who is the CEO of Project 1151 Inc?

Eric Thuma is the Managing Director of Project 1151 Inc.

What is the revenue of Project 1151 Inc?

Project 1151 Inc's revenue in 2022 was $117,613.

Who are the executives of Project 1151 Inc and what are their salaries?

The average compensation at Project 1151 Inc during 2022 was $14,714. There are 2 employees at Project 1151 Inc.


Here are 2 key members and their salaries:


Eric Thuma (Managing Director)
  • Compensation: $19,250
  • Related: $0
  • Other: $0
Corie Thuma (Office Manager)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Project 1151 Inc?

Project 1151 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Project 1151 Inc

Project 1151 Inc, a nonprofit organization, is committed to partnering with communities in Southern Africa by investing in the lives and aspirations of young people. They achieve this goal through a three-pronged approach, focusing on educational, medical, and athletic programs. The organization's purpose is to make a significant impact on the lives of these young individuals, providing them with opportunities to grow and excel.

In the realm of education, Project 1151 Inc is involved in projects such as building libraries for after-school programs. These libraries serve as essential resources for the children, providing them with a conducive environment for learning and research. Additionally, the organization undertakes other capital projects to further enhance the educational facilities and resources in these communities.

Beyond education, Project 1151 Inc also has a strong focus on healthcare. Through their medical programs, they aim to improve the health and well-being of the young people they work with. While specific details about these programs were not provided, it can be inferred that they are an integral part of Project 1151 Inc's mission to positively impact the lives of young people in Southern Africa.

Lastly, Project 1151 Inc recognizes the importance of physical activity and sports in the overall development of young people. Therefore, they have included athletic programs in their initiatives. These programs not only promote physical fitness but also impart life skills such as teamwork, discipline, and perseverance.

In summary, Project 1151 Inc is a nonprofit organization dedicated to partnering with communities in Southern Africa by investing in the lives and dreams of young people. They achieve this through educational, medical, and athletic programs, aiming to provide these individuals with the resources and opportunities they need to grow and succeed.

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Impact




October, 2024

Project 1151 Inc actively partners with communities in Zambia, creating significant positive impacts on the lives of young people through various initiatives. By investing in educational, medical, and athletic programs, the organization empowers youth to pursue their dreams and build brighter futures.

One of their key projects includes the development of a library for the after-school program at the Macha Sports and Learning Project, providing essential resources that foster a love for reading and learning. This initiative not only enhances educational opportunities but also encourages personal growth and community engagement among young learners.

In addition to the library, Project 1151 Inc is committed to completing other vital capital projects that further support the infrastructure needed for education and athletic development. Through these efforts, the organization contributes to healthier communities and promotes the overall well-being of the youth it serves, laying a foundation for sustainable progress in the region.




This information is meant to be a general summary of Project 1151 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.

Revenue
$117,613 (2022)
Expenses
$124,532 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $44
  • Gross Receipts: $117,613

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Principal Officer

Eric Thuma

Main Address

6140 HW 6 Ste 196, Missouri City, TX, 77459

NTEE Category

Code: Q33 - International

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