Lot Project INC FY2022 filing

Tax-deductible

Anderson, SC501(c)(3)ReligionEIN 27-0353378Revenue $379K in FY2022

On file with the IRSthelotproject.comPo Box 4181, 29622-4181 · Anderson, SCTax-exempt since Feb 2010Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

The Lot Project seeks to cultivate intentional relationships with those in need, to build connections to the opportunities in our community, and to serve our neighbors in creative and empowering ways.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $84K a year · 20% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$205K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$379K
-28% vs prior year
Spent
$307K
To programs
75%
Net assets
$655K
By yearFY2020–FY2025
Revenue
$379K
FY2022▼ -28%
Tap a bar for its year
Revenue by fiscal year
FY2020$380K
FY2021$528K
FY2022$379K
FY2023$263K
FY2024$439K
FY2025$563K
Expenses
$307K
FY2022▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$273K
FY2021$325K
FY2022$307K
FY2023$329K
FY2024$383K
FY2025$429K
Net assets
$655K
FY2022▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$379K
FY2021$582K
FY2022$655K
FY2023$589K
FY2024$644K
FY2025$778K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $230K Management & general 20% · $62K Fundraising 5% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Di
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Nate Knox’s $58K as Executive D is at the 59th percentile of top reported officer pay among 2132 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Nate Knox$57,500$45,250$36,227——
David Moore———$48,900$47,885

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lot Project INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds community connections and serves neighbors creatively.

Questions for Lot Project INC

Tap to ask. Lot Project INC sees how many people are interested.

Your first name shows with your question. Lot Project INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $223K · in their own filed words · FY2022
01

The lot. The lot serves meals, and also provides clothing and basic needs items, to those in our community who are homeless, transient,or otherwise in the most extreme levels of need. In 2022, 9,749 meals were distributed and 14,681 articles of clothing , shoes, and basic needs items were distributed.

$123Kprogram expense
02

Artisan gardens- the lot operates two community gardens (developing a third) in a very depressed neighborhood near their location. These gardens provide a place for community members and volunteers to come together to grow food, faith, and friendship.

$70Kprogram expense
03

West Market Makers

A program that is under development but not yet fully operational. It will serve as a community workshop and WORKSPACE.VOLUNTEERS are engaged in building out this space and helping us to develop the program as we expect it to fully launch in june 2023. During 2022 progress was made on the building, and the building was placed in service.

$30Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 3 grants · $17K · 2022–2022
Unitemized GrantFY2022$13,202
Unitemized GrantFY2022$3,045
Unitemized GrantFY2022$306

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$379K
Ln 12
Gifts and grantsLn 1h$382K
Investment incomeLn 3$68
Money outPt IX
$307K
Ln 25
Programscol B$230K
Managementcol C$62K
Fundraisingcol D$15K
Owns and owesPt X
$655K
net assets · Ln 32
Cash and savingsLn 1–2$244K
Total assetsLn 16$860K
LiabilitiesLn 26$205K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$382K
Noncash giftsLn 1g$73K
Fundraising eventsLn 1c$61K
Investment incomeLn 3$68
Gains on assetsLn 7−$2K
Total revenueLn 12$379K
Assets in detailPt X, end of year
CashLn 1$112K
SavingsLn 2$132K
Cash and savings togetherLn 1–2$244K
Land, buildings, equipmentLn 10c$612K
Total assetsLn 16$860K
LiabilitiesLn 26$205K
Net assetsLn 32$655K
OperationsPt I, VI
EmployeesI 54
VolunteersI 6375
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$243K$244K
Land, buildings, equipmentLn 10c$585K$612K
Total assetsLn 16$833K$860K
LiabilitiesLn 26$251K$205K
Net assetsLn 32$582K$655K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$90K$90K
Other salaries and wagesLn 7$116K$86K$16K$14K
Payroll taxesLn 10$14K$9K$3K$1K
Accounting feesLn 11c$11K$11K
Advertising and promotionLn 12$2K$20$2K
OccupancyLn 16$18K$5K$14K
TravelLn 17$2K$593$2K
InterestLn 20$7K$7K
Depreciation, depletion and amortizationLn 22$32K$32K
InsuranceLn 23$7K$760$6K
Other expenses (24a–d)Ln 24$8K$253$8K
Total functional expensesLn 25$307K$230K$62K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $563K$429K$133K$778K 990 PDF
FY2024 $439K$383K$55K$644K 990 PDF
FY2023 $263K$329K−$66K$589K 990 PDF
FY2022 Viewing $379K$307K$72K$655K 990 PDF
FY2021 $528K$325K$204K$582K 990 PDF
FY2020 $380K$273K$107K$379K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $379,344 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $517,287$381,702
I-9 Program service revenue$0
I-10 Investment incomePrior year $71−$2,232
I-11 Other revenuePrior year $10,834−$126
I-12 Total revenuePrior year $528,192$379,344
I-13 Grants and similar amounts paid$89,843
I-14 Benefits paid to membersPrior year $116,230$0
I-15 Salaries and benefitsPrior year $125,476$129,500
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $82,883$87,662
I-18 Total expensesPrior year $324,589$307,005
I-19 Revenue less expensesPrior year $203,603$72,339
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $379,344 across 10 lines filed
VIII-1c Fundraising events$60,877
VIII-1f All other contributions, gifts and grants$320,825
VIII-1g Noncash contributions (included above)$73,290
VIII-1h Total contributions, gifts and grants$381,702
VIII-3 Investment incomeRelated to mission $68$68
VIII-6 Net rental income or lossRelated to mission $6,500$6,500
VIII-7 Net gain or loss on sales of assetsRelated to mission −$2,300−$2,300
VIII-8 Net income from fundraising events−$11,907
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,281$5,281
VIII-12 Total revenueRelated to mission $9,549$379,344
Part IX · Statement of functional expenses $307,005 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $89,843$89,843
IX-7 Other salaries and wagesPrograms $85,873 · Management $16,221 · Fundraising $13,644$115,738
IX-10 Payroll taxesPrograms $9,214 · Management $3,302 · Fundraising $1,246$13,762
IX-11c Accounting feesManagement $10,604$10,604
IX-12 Advertising and promotionPrograms $20 · Management $2,402$2,422
IX-16 OccupancyPrograms $4,578 · Management $13,849$18,427
IX-17 TravelPrograms $593 · Management $1,847$2,440
IX-20 InterestPrograms $7,052$7,052
IX-22 Depreciation, depletion and amortizationPrograms $31,990$31,990
IX-23 InsurancePrograms $760 · Management $5,800$6,560
IX-24 Other expenses (24a–d)Programs $253 · Management $7,914$8,167
IX-25 Total functional expensesPrograms $230,176 · Management $61,939 · Fundraising $14,890$307,005
Part X · Balance sheet $860,030 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $141,406$111,964
X-2 Savings and temporary cash investmentsStart of year $101,986$132,055
X-10c Land, buildings and equipment, netStart of year $584,713$611,789
X-14 Intangible assetsStart of year $4,797$4,222
X-16 Total assetsStart of year $832,902$860,030
X-17 Accounts payable and accrued expensesStart of year $736$4,256
X-26 Total liabilitiesStart of year $250,696$205,485
X-27 Net assets without donor restrictionsStart of year $546,580$581,823
X-28 Net assets with donor restrictionsStart of year $35,626$72,722
X-32 Total net assets or fund balancesStart of year $582,206$654,545
X-33 Total liabilities and net assetsStart of year $832,902$860,030
Part XI · Reconciliation of net assets $654,545 net assets at year end
XI-1 Total revenue$379,344
XI-2 Total expenses$307,005
XI-3 Revenue less expenses$72,339
XI-4 Net assets at start of year$582,206
XI-10 Net assets at end of year$654,545

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.