NonprofitsPrinceton Project 55 Inc

Education

Princeton Project 55 Inc

PRINCETON, NJ

Total revenue

$809K

Total expenses

$883K

Net assets

$4.0M

Grants received

$907K

38 grants

EIN

521647841

Tax year

2023

Mission

Princeton alumnicorps runs two core programs. The project 55 fellowship places recently graduated princeton seniors in one year nonprofit fellowships. Emerging leaders provides leadership development training to mid-career nonprofit professionals.

Programs

2 programs

Emerging leaders-emerging leaders professional development program that is designed to help aspiring and emerging nonprofit leaders develop leadership capabilities, management skills and confidence to advance their professional contributions and accelerate their careers in the nonprofit sector.the program is intended to yield tangible,near term value to participants (and their employers) and support their longer-term leadership development. It employs experiential learning and outside experts and speakers to build management skills, leadership competencies, and sector- specific knowledge. The following learning tracks are woven together: hard nonprofit skills & management training, individualized leadership in action stretch projects,leadership competencies-e.g.self awareness, team dynamics, mentoring-periodic conversations with a nonprofit leader, sector trends-expert speakers and panels, facilitated peer support. Participants in our program met the following criteria:have 3 to 10 years of full time work experience, with at least two years of experience in the nonprofit or public sector, be currently employed in the nonprofit or public sector, currently have some level of project management responsibilities (over staff,interns, vendors, and/or volunteers), and work in the greater washington dc region, new york city region, or nationally. This year, the program was offered in new york city.

Expenses: $286K

Strategic plan-the organization completed its five year strategic plan in late 2020 and in late 2020 throughout 2021, embarked on a new strategic planning process. With changes in board leadership, the plan has been revisited in 2022 and placed on hold. The next strategic planning session started in september 2024 with the expectation that a new strategic plan will be in place in 2025.

Expenses: $74K

Financials

FY 2023

Revenue

Contributions & grants$549K
Program service revenue$76K
Investment income$136K
Other revenue$48K
Total revenue$809K

Expenses

Grants paid
Salaries & benefits$515K
Fundraising$115K
Other expenses$368K
Total expenses$883K
Total assets$4.0M
Net assets$4.0M

People

18 listed

NameRoleCompensation

KIMME CARLOS

EXECUTIVE DIRECTOR

Board

$106K

40 hrs/wk

RICARDO DELEON

VICE CHAIR

Board

4 hrs/wk

ELIZABETH PERRIELLO RICE

SECRETARY

Board

4 hrs/wk

SCOTT F TAYLOR

TREASURER

Board

4 hrs/wk

KAREN ALI

BOARD MEMBER

Board

1 hrs/wk

ELIZABETH ANDERMAN

BOARD MEMBER

Board

1 hrs/wk

CHARLES DAWSON

BOARD MEMBER

Board

1 hrs/wk

TIM HARR

BOARD MEMBER

Board

1 hrs/wk

FURMAN HAYNES

BOARD MEMBER

Board

1 hrs/wk

BRANDON WHITE

BOARD CHAIR

Board

4 hrs/wk

MARTY KRASNEY

BOARD MEMBER

Board

1 hrs/wk

ELLIOTT LEE

BOARD MEMBER

Board

1 hrs/wk

ARTHUR MCKEE

BOARD MEMBER

Board

1 hrs/wk

EDWARD MCNICHOLAS

BOARD MEMBER

Board

1 hrs/wk

HOWARD PIGGEE III

BOARD MEMBER

Board

1 hrs/wk

KATHLEEN REILLY STREICHER

BOARD MEMBER

Board

1 hrs/wk

DEBBIE WEYL

BOARD MEMBER

Board

1 hrs/wk

BILL JORDAN

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 38 of 38

FromAmountPurposeYear
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$32K
For grant recipient's exempt purposes
2023
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$5K
EMPLOYEE GIVING PROGRAM
2023
$1K
GENERAL OPERATING SUPPORT
2023
$200
GENERAL SUPPORT
2023
$35K
For grant recipient's exempt purposes
2022
$22K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
EMPLOYEE GIVING PROGRAM
2022
$3K
FOR GENERAL OPERATING SUPPORT
2022
$2K
GENERAL OPERATING SUPPORT
2022
$44K
For recipient's exempt purpose
2021
$41K
For grant recipient's exempt purposes
2021
$41K
For grant recipient's exempt purposes
2021
$8K
General Support
2021
$1K
GENERAL OPERATING SUPPORT
2021
$89K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$33K
For grant recipient's exempt purposes
2020
$8K
General Support
2020
$5K
EMPLOYEE GIVING PROGRAM
2020
$32K
For grant recipient's exempt purposes
2019
$20K
For grant recipient's exempt purposes
2018
$9K
Unrestricted
2018
$51K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$9K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$907K from 12 funders · 38 grants · 2017–2024

Donor Advised Charitable Giving Inc

$347K · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$243K · 8 grants · 2017–2023

Vanguard Charitable Endowment Program

$175K · 4 grants · 2020–2023

American Online Giving Foundation Inc

$30K · 4 grants · 2019–2022

Bristol-Myers Squibb Foundation Inc

$20K · 4 grants · 2020–2023

Paypal Charitable Giving Fund

$16K · 2 grants · 2020–2021

Details

EIN521647841
NTEE codeB84Z
Subsection03
Ruling date1995-01
Formed1989
Employees6
Volunteers150
PRINCETON PROJECT 55 INC — Mission, Financials & Grants Received | Grantivo