Project Vida INC EIN 36-3817566

Project Vida INC

EIN  36-3817566 Public charity (501(c)(3)) Chicago, IL Founded 1992
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/22/26 · see original filing: IRS
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Size
$10–100M
What they do
Empowers underserved communities with health education and services to improve quality of life.
Leadership
Jerome Montgomery JR · Executive Director · $126K
Money in and out
$11.6M revenue, $13.0M expenses
Bottom line
85% program efficiency

Empowers underserved communities with health education and services to improve quality of life. For fiscal year 2024 it reported $11.6M in revenue, $13.0M in expenses, and $292K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$11.6M
Pt VIII · Ln 12
Total expenses
$13.0M
Pt IX · Ln 25
Net assets
$292K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.4M
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs▼ -7% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -83% vs prior filing year
Surplus margin
-13%
revenue over expenses, this year▼ -1579% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$11.6M
FY2024▼ -10%
Expenses
$13.0M
FY20240%
Total assets
$2.2M
FY2024▼ -37%
Total liabilities
$2.0M
FY2024▲ +6%
Total revenue
$11.6M
Pt VIII · Ln 12
Total expenses
$13.0M
Pt IX · Ln 25
Net assets
$292K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.4M
Total assetsPt X · Ln 16$2.2M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $11.1M of program spending, described in the organization's own filed words · FY2024.
01

Care Services

Medical case management, individual & group mental health and psychosocial SERVICES.DURING the year the number of clients served under the following initutives:medical management - 127 clients servedhousing navigation - 108 clients servedmind, body and soul wellness circle - 212 clients servedlink up viiv - 1030 clients servedtotal of…

$9.9Mprogram expense
02

Prevention

Targeted HIV/STI testing and counseling, prep referrals, sexual health EDUCATION.DURING the year the number of clients served under the following INITUTIVES:N2 study - 74 clients SERVEDHIV/STI counseling and testing - 3,423 clients servedworkforce development - 165 clients servedmental health - 68 clients servedtotal of 3,730 clients…

$872Kprogram expense
03

Wellness Center

Community mental health, community HIV/STI testing, acupuncture, massage, food pantry SERVICES.DURING the year 187 clients received services.

$372Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Vida INC
EINHdr · item D36-3817566
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jprojectvida.org
Year of formationHdr · item L1992
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFMar 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$126,008Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jerome Montgomery JR’s $126K as Executive Director is at the 10th percentile of top reported officer pay among 3123 $10–100M human services 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Jerome Montgomery JR$126,008$96,862$67,091

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$11.5M
Program service revenue$27K
Investment income$8
Other revenue$5K
— government grantsLn 1e$10.8M
Total revenueLn 12$11.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$11.1M
Management & general15%$1.9M
Total functional expensesLn 25$13.0M

Balance Sheet

Part X · end of year
CashLn 1$99K
Total assetsLn 16$2.2M
Total liabilitiesLn 26$2.0M
Total net assetsLn 32$292K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $99K · Operating expenses (Pt IX) $13.0M · Less non-cash grants $314K · Cash operating expenses/yr $12.7M
0.1 months
Where the money goes
Program services
Program services $11.1M · Total expenses $13.0M
85%
Management & General
Management & general $1.9M · Total expenses $13.0M
15%
Fundraising
Fundraising $0 · Total expenses $13.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $725K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $11.5M · Total revenue $11.6M
100%
Government reliance
Government grants $10.8M · Total revenue $11.6M
93%
Earned-income share
Program service revenue $27K · Total revenue $11.6M
0%
Investment reliance
Investment income $8 · Total revenue $11.6M
0%
Program self-sufficiency
Program service revenue $27K · Total expenses $13.0M
0%
Growth & trend
Revenue growth (YoY)
This year $11.6M · Prior year $12.9M
-10%
Net-asset trend (YoY)
End of year $292K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $11.6M · Expenses $13.0M
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $2.2M
Net-asset ratio
Net assets $292K · Total assets $2.2M
13%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jerome Montgomery JR · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $126K · Total expenses $13.0M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.9M · Total expenses $13.0M
14%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth -10%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$191K

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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)$11.6M revenue · viewing · ⤓ 990 PDF
FY2023$12.9M revenue · ⤓ 990 PDF
FY2022$8.1M 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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