Projects INC EIN 35-2183570

Projects INC

EIN  35-2183570 Supporting organization Bucyrus, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports community projects and the Crawford County Community Foundation.
Leadership
Dave Dotson · Trustee
Money in and out
$148K revenue, $290K expenses
Bottom line
-96% net inflow

Supports community projects and the Crawford County Community Foundation. For fiscal year 2024 it reported $148K in revenue, $290K in expenses, and $539K in net assets.Pt I

Money in and out · FY2024
Total revenue
$148K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$539K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$142K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Net inflow
-96%
revenue over expenses, this year▼ -378% vs prior filing year
Pass-through gifts
92%
of revenue from contributions▼ -2% vs prior filing year
Program spending
96%
of expenses reach stated programs▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$148K
FY2024▼ -42%
Expenses
$290K
FY2024▲ +73%
Total assets
$539K
FY2024▼ -21%
Total liabilities
$0
FY2024
Total revenue
$148K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$539K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$142K
Total assetsPt X · Ln 16$539K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $279K of program spending, described in the organization's own filed words · FY2024.
01

Expenses incurred to operate and maintain projects such as; bucyrus beautification, crawford county fairground trees, bucyrus trees, crestline community enhancement, crestline youth sports, leap of CC, crawford county arts council, and new washington veterans memorial park fund

$263Kprogram expense
02

Expenses incurred to maintain millennium park with its fountain on the bucyrus square as well as two bucyrus murals: the great american crossroads mural and liberty remembers our veterans mural.

$9Kprogram expense
03

Expenses incurred to operate and maintain harvey school. Harvey school is a one room schoolhouse that allows visitors to experience the past through school fields trips, community group tours and community events.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProjects INC
EINHdr · item D35-2183570
Principal addressHdr · item CBucyrus, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C99)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$136K · 92%
Other revenue$9K · 6%
Investment income$3K · 2%
Contributions & grants92%$136K
Other revenue6%$9K
Investment income2%$3K
Total revenueLn 12$148K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$279K
Management & general4%$12K
Total functional expensesLn 25$290K

Balance Sheet

Part X · end of year
CashLn 1$35K
Total assetsLn 16$539K
Total liabilitiesLn 26$0
Total net assetsLn 32$539K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $35K · Operating expenses/yr $290K
1.5 months
Where the money goes
Program services
Program services $279K · Total expenses $290K
96%
Management & General
Management & general $12K · Total expenses $290K
4%
Fundraising
Fundraising $0 · Total expenses $290K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $187K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $136K · Total revenue $148K
92%
Government reliance
Government grants — · Total revenue $148K
Earned-income share
Program service revenue $0 · Total revenue $148K
0%
Investment reliance
Investment income $3K · Total revenue $148K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $290K
0%
Growth & trend
Revenue growth (YoY)
This year $148K · Prior year $256K
-42%
Revenue CAGR
FY2020 $124K · FY2024 $148K
+5%
Net-asset trend (YoY)
End of year $539K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $148K · Expenses $290K
-96%
Liabilities-to-Assets
Total liabilities — · Total assets $539K
Net-asset ratio
Net assets $539K · Total assets $539K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $539K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dave Dotson · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $290K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $290K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -42%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$34K
Grants paid · 8 grants · $226K · 2021–2022
Crestline Athletic BoostersOH · FY2022$46,600
Bucyrus BicentennialFY2022$18,897
Popcorn WagonFY2022$9,687
Safety TownVA · FY2022$6,676
Johnny AppleseedFY2022$6,493
The Community Foundation for CcFY2021$20,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$148K revenue · viewing · ⤓ 990 PDF
FY2023$256K revenue · ⤓ 990 PDF
FY2022$155K revenue · ⤓ 990 PDF
FY2021$249K revenue · ⤓ 990 PDF
FY2020$124K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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