NonprofitsProject On Predatory Student Lending Inc

Civil Rights, Social Action & Advocacy

Project On Predatory Student Lending Inc

JAMAICA PLAIN, MA

Total revenue

$5.9M

Total expenses

$2.6M

Net assets

$4.9M

Grants received

$4.3M

16 grants

EIN

874582545

Tax year

2024

Mission

The project on predatory student lending mission is to use litigation and advocacy to eliminate predatory practices in higher education, and to relieve current and future borrowers from fraudulent student loan debt.

Financials

FY 2024

Revenue

Contributions & grants$2.3M
Program service revenue$3.4M
Investment income$166K
Other revenue$607
Total revenue$5.9M

Expenses

Grants paid
Salaries & benefits$1.9M
Fundraising$65K
Other expenses$643K
Total expenses$2.6M
Total assets$5.0M
Net assets$4.9M

People

7 listed

NameRoleCompensation

EILEEN CONNOR

PRESIDENT

Board

$225K

40 hrs/wk

PERSIS YU

MEMBER

Board

2 hrs/wk

OLIVER ROTHSCHILD

MEMBER

Board

2 hrs/wk

YVETTE COLON

MEMBER

Board

2 hrs/wk

MIKE FIRESTONE

BOARD CHAIR

Board

2 hrs/wk

JENNIFER BENNETT

TREASURER

Board

2 hrs/wk

MARGARET O'GRADY

CLERK

Board

2 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$1.1M
TO PROVIDE GENERAL OPERATING SUPPORT.
2024
$100K
PROJECT SUPPORT TO STRENGTHEN PATHWAYS TO AN AFFORDABLE, QUALITY COLLEGE DEGREE BY EXPOSING AND ELIMINATING THE USE OF ONLINE PREDATORY MANAGERS AND OTHER PREDATORY BEHAVIORS IN HIGHER EDUCATION
2024
$50K
GENERAL OPERATING SUPPORT
2024
$46K
PAYMENT FOR FELLOWS
2024
$6K
Memorandum of Understanding
2024
$813K
TO HELP ESTABLISH LEGAL PROTECTIONS FOR COLLEGE STUDENTS AGAINST PREDATORY LENDING PRACTICES.
2023
$675K
TO PROVIDE GENERAL OPERATING SUPPORT.
2023
$175K
TO STRENGTHEN PATHWAYS TO AN AFFORDABLE, QUALITY COLLEGE DEGREE BY EXPOSING AND ELIMINATING THE USE OF ONLINE PREDATORY MANAGERS AND OTHER PREDATORY BEHAVIORS IN HIGHER EDUCATION.
2023
$150K
GENERAL OPERATING SUPPORT
2023
$70K
Education & Economic Mobility
2023
$48K
CELEBRATION GRANT
2023
$600K
TO HELP ESTABLISH LEGAL PROTECTIONS FOR COLLEGE STUDENTS AGAINST PREDATORY LENDING PRACTICES.
2022
$150K
CIVIL RIGHTS (HUMSVCS)
2022
$150K
GENERAL OPERATING SUPPORT
2022
$100K
Education & Economic Mobility
2022
$53K
Celebration Grant
2022

Funded by

$4.3M from 9 funders · 16 grants · 2022–2024

Laura And John Arnold Foundation

$3.2M · 4 grants · 2022–2024

Wellspring Philanthropic Fund Inc

$300K · 2 grants · 2022–2023

The Kresge Foundation

$275K · 2 grants · 2023–2024

The Joyce Foundation

$170K · 2 grants · 2022–2023

Community Foundation Of Western

$150K · 1 grant · 2022

Select Equity Group Foundation

$101K · 2 grants · 2022–2023

Draper Richards Kaplan Foundation

$50K · 1 grant · 2024

The Skadden Foundation

$46K · 1 grant · 2024

Details

EIN874582545
NTEE codeR99
Subsection03
Ruling date2022-06
Formed2022
Employees14
Volunteers0
PROJECT ON PREDATORY STUDENT LENDING INC — Mission, Financials & Grants Received | Grantivo