Project Return INC EIN 39-1411980

Project Return INC FY2022 filing

EIN  39-1411980 Public charity (501(c)(3)) Milwaukee, WI
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps formerly incarcerated individuals successfully reintegrate into family and community life.
Leadership
Wendel Hruska · Executive Direc · $69K
Money in and out
$738K revenue, $654K expenses
Bottom line
87% program efficiency

Helps formerly incarcerated individuals successfully reintegrate into family and community life. For fiscal year 2022 it reported $738K in revenue, $654K in expenses, and $205K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$738K
Pt VIII · Ln 12
Total expenses
$654K
Pt IX · Ln 25
Net assets
$205K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $84K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.07 Fundraising $0.06
Program efficiency
87%
of spending reaches programs
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$738K
FY2022▲ +66%
Expenses
$654K
FY2022▲ +34%
Total assets
$308K
FY2022▲ +132%
Total liabilities
$103K
FY2022▲ +766%
Total revenue
$738K
Pt VIII · Ln 12
Total expenses
$654K
Pt IX · Ln 25
Net assets
$205K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$84K
Total assetsPt X · Ln 16$308K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $569K of program spending, described in the organization's own filed words · FY2022.
01

In 2022, as we have for over 40 years, project return walked with individuals returning from incarceration as they strove to successfully re-enter the community. Our case managers, many of whom have been incarcerated themselves, worked with clients on a flexible, individualized basis to help them meet their goals.

$569Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Return INC
EINHdr · item D39-1411980
Principal addressHdr · item CMilwaukee, WI
WebsiteHdr · item Jwww.projectreturnmilwaukee.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F60Z)
Ruling yearIRS BMFJul 1982

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Direc
$68,592Pt VII · Sec A
President
$3,640Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Comptroller
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Wendel Hruska’s $62K as Executive Director is at the 48th percentile of top reported officer pay among 2082 $100K–1M mental health 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Wendel Hruska$62,100$68,480$68,592$64,224$61,372
Rodney Evans$6,480$1,260
Rob Schreiber$4,320$3,820$3,640$4,080$1,040

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 & grants102%$756K
— government grantsLn 1e$233K
Total revenueLn 12$738K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.07 Fundraising $0.06
Program services87%$569K
Management & general7%$43K
Fundraising6%$42K
Total functional expensesLn 25$654K

Balance Sheet

Part X · end of year
CashLn 1$117K
Total assetsLn 16$308K
Total liabilitiesLn 26$103K
Total net assetsLn 32$205K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $117K · Operating expenses/yr $654K
2.1 months
Where the money goes
Program services
Program services $569K · Total expenses $654K
87%
Management & General
Management & general $43K · Total expenses $654K
7%
Fundraising
Fundraising $42K · Total expenses $654K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $37K · Solicited contributions (3-yr avg) $476K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $756K · Total revenue $738K
102%
Government reliance
Government grants $233K · Total revenue $738K
32%
Earned-income share
Program service revenue $0 · Total revenue $738K
0%
Investment reliance
Investment income $0 · Total revenue $738K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $654K
0%
Growth & trend
Revenue growth (YoY)
This year $738K · Prior year $444K
+66%
Net-asset trend (YoY)
End of year $205K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $738K · Expenses $654K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $308K
Net-asset ratio
Net assets $205K · Total assets $308K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $308K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendel Hruska · Reported title EXECUTIVE DIREC · Highest reported compensation $69K · Total expenses $654K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $373K · Total expenses $654K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 7%
Fundraising cost ratio 6%
Revenue growth 66%
Accounting fee ratio 1%
Fundraising fee ratio 2%

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
See all 6 funders →

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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)$685K revenue · ⤓ 990 PDF
FY2023$545K revenue · ⤓ 990 PDF
FY2022$738K revenue · viewing · ⤓ 990 PDF
FY2021$444K revenue · ⤓ 990 PDF
FY2020$513K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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