NonprofitsProject Ready

Education

Project Ready

NEWARK, NJ

Total revenue

$1.6M

Total expenses

$1.9M

Net assets

$739K

Grants received

$5.0M

9 grants

EIN

861236556

Tax year

2023

Mission

We strive to create a world in which no community is left voiceless. We believe all community members, from children to adults, should be civically educated and have proper access to voting practices; thereby being powered to disrupt systems.

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue
Investment income$18K
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$963K
Fundraising$36K
Other expenses$979K
Total expenses$1.9M
Total assets$873K
Net assets$739K

People

9 listed

NameRoleCompensation

SHENNELL MCCLOUD

EXECUTIVE DIRECTOR/CEO

Board

$227K

30 hrs/wk

KARIN GERALD

COO

Board

$152K

32 hrs/wk

NAYIBE CAPELLAN

BOARD TRUSTEE

Board

$38K

0.17 hrs/wk

PAULA WHITE

OUTGOING SECRETARY (4/2024)

Board

0.17 hrs/wk

PATRICK TERBORG

CHAIR

Board

0.25 hrs/wk

CARLOS LEJNIEKS

OUTGOING BOARD TRUSTEE (4/2024)

Board

0.17 hrs/wk

KYLE ROSENKRANS

OUTGOING TREASURER (4/2024)

Board

0.17 hrs/wk

CALVIN SOUDER

TREASURER

Board

0.25 hrs/wk

RONALD AUGUSTIN

DEPUTY EXECUTIVE DIRECTOR

Staff

$135K

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$85K
TO SUPPORT PROJECT READY'S LITERACY ACCELERATOR PILOT
2024
$75K
PROJECT READY'S LITERACY ACCELERATOR PROGRAM
2024
$1.6M
TO SUPPORT PROJECT READY GENERAL OPERATIONS.
2023
$50K
FOR GENERAL OPERATING SUPPORT
2023
$3.0M
TO SUPPORT PROJECT READY PROGRAMMING.
2022
$25K
GENERAL SUPPORT
2022
$1K
GENERAL PURPOSE
2021
$20K
TO SUPPORT A COMPLETE AND ACCURANT COUNT OF NEW JERSEYANS IN THE 2020 CENSUS.
2020

Funded by

$5.0M from 8 funders · 9 grants · 2020–2024

New Jersey Children's Foundation

$4.6M · 2 grants · 2022–2023

Community Foundation Of New Jersey

$115K · 1 grant · 2024

Victoria Foundation Inc

$85K · 1 grant · 2024

The Prudential Foundation

$75K · 1 grant · 2024

Moore Impact Inc

$50K · 1 grant · 2023

The Blackbaud Giving Fund

$25K · 1 grant · 2022

Fund For New Jersey

$20K · 1 grant · 2020

Carl & Rene Cohen Foundation Inc

$1K · 1 grant · 2021

Details

EIN861236556
NTEE codeB01
Subsection03
Ruling date2021-05
Formed2021
Employees51
Volunteers5
PROJECT READY — Mission, Financials & Grants Received | Grantivo