NonprofitsProject Ricochet Inc

Youth Development

Project Ricochet Inc

LEXINGTON, KY

Total revenue

$645K

Total expenses

$459K

Net assets

$395K

Grants received

$25K

1 grants

EIN

010949080

Tax year

2024

Mission

Finding practical solutions that assist minority youth who are prone to anti-social behaviors while discovering positive and productive life-style alternatives

Programs

3 programs

To design and maintain a boots on the ground brigade of community development practitioners to have a continuous presence in communities, to engage, assist, and mentor youth engaged in anti-social or criminal behaviors.

To offer concrete ways in which affected youth can be redirected to access economic opportunity through youth-driven entrepreneurial projects and job placement through innovative apprenticeships and placement in area businesses, and to offer other financial rewards for young people who demonstrate a determination to change their lifestyles.

To work and communicate in genuine ways with existing organizations and groups which have a similar focus and to collaborate with government agencies to seek more resources in support of our work.

Financials

FY 2024

Revenue

Contributions & grants$645K
Program service revenue
Investment income$23
Other revenue
Total revenue$645K

Expenses

Grants paid$30K
Salaries & benefits$320K
Fundraising
Other expenses$110K
Total expenses$459K
Total assets$395K
Net assets$395K

People

3 listed

NameRoleCompensation

Abeni El-Amin

President

Board

$100K

10 hrs/wk

Quinton Marks

Director

Board

$56K

2 hrs/wk

Lafe Taylor

Director

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$25K
PREVENTING OVERDOSE DEATHS
2024

Funded by

$25K from 1 funder · 1 grant · 2024

Details

EIN010949080
NTEE codeO50
Subsection03
Ruling date2022-06
Formed2010
Employees0
PROJECT RICOCHET INC — Mission, Financials & Grants Received | Grantivo