Project Rescue INC FY2023 filing

Tax-deductible

Decatur, AL501(c)(3)Mental HealthEIN 41-2247638

To assist addiction recovery individuals and their families with housing, transportation, food and personal needs.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $33K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $70K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$123K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$554K
-5% vs prior year
Spent
$588K
To programs
100%
Net assets
$548K
By yearFY2020–FY2024
Revenue
$554K
FY2023▼ -5%
Revenue by fiscal year
FY2020$512K
FY2021$583K
FY2022$585K
FY2023$554K
FY2024$636K
Expenses
$588K
FY2023▲ +3%
Expenses by fiscal year
FY2020$460K
FY2021$545K
FY2022$569K
FY2023$588K
FY2024$544K
Net assets
$548K
FY2023▼ -6%
Net assets by fiscal year
FY2020$525K
FY2021$563K
FY2022$582K
FY2023$548K
FY2024$648K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2008.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $588K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman / P
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Project Rescue INC executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides housing, transport, food, and personal aid to those recovering from addiction and their families.

Provided by the organization

This section is blank until Project Rescue INC claims this page.

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1 program service account for $588K of program spending, described in the organization's own filed words · FY2023.
01

To provide housing, transportation and other immediate needs for addiction recovery individuals.

$588Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$70K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$554K
Ln 12
Gifts and grantsLn 1h$338K
Fees for servicesLn 2g$214K
Other incomeLn 4–11$1K
Money outPt IX
$588K
Ln 25
Programscol B$588K
Owns and owesPt X
$548K
net assets · Ln 32
Cash and savingsLn 1–2$343K
Total assetsLn 16$671K
LiabilitiesLn 26$123K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$338K
Fees for servicesLn 2g$214K
Investment incomeLn 3$684
Other incomeLn 4–11$1K
Gains on assetsLn 7$500
Total revenueLn 12$554K
Assets in detailPt X, end of year
CashLn 1$72K
SavingsLn 2$271K
Cash and savings togetherLn 1–2$343K
Land, buildings, equipmentLn 10c$327K
Total assetsLn 16$671K
LiabilitiesLn 26$123K
Net assetsLn 32$548K
OperationsPt I, VI
EmployeesI 55
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$336K$343K
Land, buildings, equipmentLn 10c$346K$327K
Total assetsLn 16$681K$671K
LiabilitiesLn 26$100K$123K
Net assetsLn 32$582K$548K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$180K$180K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$14K$14K
Accounting feesLn 11c$5K$5K
Office expensesLn 13$18K$18K
OccupancyLn 16$149K$149K
TravelLn 17$3K$3K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$22K$22K
Other expenses (24a–d)Ln 24$145K$145K
All other expensesLn 24e$25K$25K
Total functional expensesLn 25$588K$588K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $636K$544K$92K$648K 990 PDF
FY2023 Viewing $554K$588K−$34K$548K 990 PDF
FY2022 $585K$569K$17K$582K 990 PDF
FY2021 $583K$545K$38K$563K 990 PDF
FY2020 $512K$460K$52K$525K 990 PDF

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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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $553,865 across 7 lines filed
VIII-1f All other contributions, gifts and grants$338,015
VIII-1h Total contributions, gifts and grants$338,015
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $214,100$214,100
VIII-3 Investment incomeExcluded from tax $184$184
VIII-7 Net gain or loss on sales of assetsRelated to mission $500$500
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,066$1,066
VIII-12 Total revenueRelated to mission $214,600 · Excluded from tax $1,250$553,865
Part IX · Statement of functional expenses $587,503 across 12 lines filed
IX-7 Other salaries and wagesPrograms $179,944$179,944
IX-9 Other employee benefitsPrograms $6,406$6,406
IX-10 Payroll taxesPrograms $13,746$13,746
IX-11c Accounting feesPrograms $4,880$4,880
IX-13 Office expensesPrograms $17,609$17,609
IX-16 OccupancyPrograms $149,076$149,076
IX-17 TravelPrograms $2,629$2,629
IX-20 InterestPrograms $3,360$3,360
IX-22 Depreciation, depletion and amortizationPrograms $18,154$18,154
IX-23 InsurancePrograms $21,898$21,898
IX-24 Other expenses (24a–d)Programs $144,933$144,933
IX-24e All other expensesPrograms $24,868$24,868
IX-25 Total functional expensesPrograms $587,503 · Management $0 · Fundraising $0$587,503
Part X · Balance sheet $670,589 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $135,237$72,362
X-2 Savings and temporary cash investmentsStart of year $200,738$270,871
X-10c Land, buildings and equipment, netStart of year $345,510$327,356
X-16 Total assetsStart of year $681,485$670,589
X-17 Accounts payable and accrued expensesStart of year $22,722$24,743
X-25 Other liabilitiesStart of year $8,918$34,412
X-26 Total liabilitiesStart of year $99,928$122,670
X-27 Net assets without donor restrictionsStart of year $581,557$547,919
X-32 Total net assets or fund balancesStart of year $581,557$547,919
X-33 Total liabilities and net assetsStart of year $681,485$670,589
Part XI · Reconciliation of net assets $547,919 net assets at year end
XI-1 Total revenue$553,865
XI-2 Total expenses$587,503
XI-3 Revenue less expenses−$33,638
XI-4 Net assets at start of year$581,557
XI-10 Net assets at end of year$547,919

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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