NonprofitsThe 516 Project Inc

Community Improvement & Capacity Building

The 516 Project Inc

FREDERICKSBRG, VA

Total revenue

$456K

Total expenses

$445K

Net assets

$264K

Grants received

$312K

17 grants

EIN

811634337

Tax year

2024

Mission

To share the love of jesus through our actions and words by helping families in need of home repair. Together with volunteers, churches and businesses we impact our community to glorify god through service to others.

Financials

FY 2024

Revenue

Contributions & grants$363K
Program service revenue
Investment income$93K
Other revenue$166
Total revenue$456K

Expenses

Grants paid
Salaries & benefits$196K
Fundraising$9K
Other expenses$249K
Total expenses$445K
Total assets$342K
Net assets$264K

People

7 listed

NameRoleCompensation

JAMES ROBERSON

PRESIDENT

Board

$77K

40 hrs/wk

BRANDIE DRUMM

SECRETARY

Board

$23K

15 hrs/wk

NIKKI HILL

TREASURER

Board

1 hrs/wk

CARL PATES

VICE PRESIDE

Board

1 hrs/wk

CHRIS DAVENPORT

BOARD MEMBER

Board

1 hrs/wk

TOMMY ROLAND

BOARD MEMBER

Board

1 hrs/wk

MATT FLETCHER

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 17 of 17

FromAmountPurposeYear
$5K
UNRESTRICTED
2024
$55K
UNRESTRICTED
2023
$26K
GENERAL OPERATING
2023
$11K
CRITICAL HOME REPAIR
2023
$10K
COMMUNITY OUTREACH
2023
$3K
THE GRANT'S OBJECTIVE IS TO ASSIST A NONPROFIT ORGANIZATION THAT PROMOTES HOUSE OWNERSHIP AND ADVANCES THE GOALS OF THE UT FOUNDATION.
2023
$121K
UNRESTRICTED
2022
$40K
UNRESTRICTED
2021
$7K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2021

Funded by

$312K from 7 funders · 17 grants · 2018–2024

Network For Good

$221K · 4 grants · 2021–2024

Community Foundation Of The

$37K · 2 grants · 2023

Fredericksburg Realtors Foundation

$28K · 6 grants · 2018–2024

The St Joe Community Foundation

$10K · 1 grant · 2023

Universal Title Foundation

$3K · 1 grant · 2023

Details

EIN811634337
NTEE codeS20
Subsection03
Ruling date2016-03
Formed2016
Employees3
Volunteers808
THE 516 PROJECT INC — Mission, Financials & Grants Received | Grantivo