Project Rescue Foundation FY2023 filing

Tax-deductible

Springfield, MO501(c)(3)Since 2012Human ServicesEIN 45-5374961

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Empowering organizations serving victims of sexual exploitation.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$298K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
5 of 5
filings with a surplus
Average surplus $1.5M a year · 27% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$298K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
12% of total assets
Looks good: liabilities are 12% 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
$6.8M
+28% vs prior year
Spent
$4.8M
To programs
82%
Net assets
$7.7M
By yearFY2020–FY2024
Revenue
$6.8M
FY2023▲ +28%
Revenue by fiscal year
FY2020$2.2M
FY2021$3.4M
FY2022$5.3M
FY2023$6.8M
FY2024$9.3M
Expenses
$4.8M
FY2023▲ +39%
Expenses by fiscal year
FY2020$1.0M
FY2021$2.3M
FY2022$3.5M
FY2023$4.8M
FY2024$8.1M
Net assets
$7.7M
FY2023▲ +39%
Net assets by fiscal year
FY2020$2.9M
FY2021$3.9M
FY2022$5.5M
FY2023$7.7M
FY2024$9.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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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 Mar 2013.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $4.0M Management & general 9% · $457K Fundraising 8% · $407K

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

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Who runs it and what they're paid

9 people listed on the 990; $298K paid to officers and key staff.

Part VII, Section A · reportable compensation
$137,341Pt VII · Sec A
$116,128Pt VII · Sec A
Executive Director
$44,073Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jonathan Barratt’s $129K as CEO & President is at the 60th percentile of top reported officer pay among 3869 $1–10M 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jonathan Barratt$128,597$137,341$135,200$92,500$74,400
Beth Grant$123,751————
Stephen Tipps$121,464$116,128———
Jennifer Barratt$80,955$44,073———
Dale Heins$13,033————

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 Project Rescue Foundation 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 15aNo

Programs and updates

Supports groups helping victims of sexual exploitation.

Provided by the organization

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1 program · $4.0M · in their own filed words · FY2023
01

The organization supports global initiatives that prevent sexual exploitation and provide rescue, restoration, and long-term empowerment to survivors of trafficking. Through partnerships with locally led programs across multiple countries, project rescue foundation provides financial support, training, and strategic resources to expand…

$4.0Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 7 grants · $972K · 2023–2024
Kansas District CouncilKS · FY2024$30,000
Life Recaptured INCFL · FY2024$25,000
Oceanside Family Fellowship DBA Coast City ChurchFY2024$6,500
Nightlight InternationalMO · FY2023$10,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.8M
Ln 12
Gifts and grantsLn 1h$6.7M
Investment incomeLn 3$147K
Fees for servicesLn 2g$5K
Money outPt IX
$4.8M
Ln 25
Programscol B$4.0M
Managementcol C$457K
Fundraisingcol D$407K
Owns and owesPt X
$7.7M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$8.8M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
9
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.7M
Noncash giftsLn 1g$150K
Fees for servicesLn 2g$5K
Investment incomeLn 3$147K
Other incomeLn 4–11$2K
Gains on assetsLn 7$3K
Total revenueLn 12$6.8M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$2.4M
Land, buildings, equipmentLn 10c$1.9M
Total assetsLn 16$8.8M
LiabilitiesLn 26$1.1M
Net assetsLn 32$7.7M
OperationsPt I, VI
EmployeesI 523
VolunteersI 6332
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$3.0M$3.5M
InvestmentsLn 11–13$1.8M$2.4M
Land, buildings, equipmentLn 10c$1.8M$1.9M
Total assetsLn 16$6.6M$8.8M
LiabilitiesLn 26$1.1M$1.1M
Net assetsLn 32$5.5M$7.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$495K$495K
Grants and assistance to foreign recipientsLn 3$1.8M$1.8M
Pay of current officers, directors and key staffLn 5$417K$260K$105K$51K
Other salaries and wagesLn 7$719K$501K$117K$101K
Pension plan contributionsLn 8$8K$6K$832$986
Other employee benefitsLn 9$38K$24K$1K$12K
Payroll taxesLn 10$73K$49K$14K$10K
Legal feesLn 11b$21K$11K$11K
Accounting feesLn 11c$16K$16K
Investment management feesLn 11f$12K$12K
Other fees for servicesLn 11g$238K$183K$21K$35K
Advertising and promotionLn 12$82K$82K$9
Office expensesLn 13$116K$77K$22K$16K
Information technologyLn 14$6K$4K$1K$881
OccupancyLn 16$79K$53K$15K$11K
TravelLn 17$111K$75K$21K$16K
Conferences, conventions and meetingsLn 19$22K$9K$12K$2K
InterestLn 20$129$87$24$18
Depreciation, depletion and amortizationLn 22$66K$44K$13K$9K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$386K$192K$57K$138K
All other expensesLn 24e$95K$77K$14K$4K
Total functional expensesLn 25$4.8M$4.0M$457K$407K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $9.3M$8.1M$1.2M$9.2M 990 PDF
FY2023 Viewing $6.8M$4.8M$2.0M$7.7M 990 PDF
FY2022 $5.3M$3.5M$1.9M$5.5M 990 PDF
FY2021 $3.4M$2.3M$1.1M$3.9M 990 PDF
FY2020 $2.2M$1.0M$1.1M$2.9M 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 (5 parts)
Part I · Summary $6,843,313 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,362,987$6,689,549
I-9 Program service revenuePrior year $0$4,749
I-10 Investment incomePrior year $84,222$147,089
I-11 Other revenuePrior year −$108,789$1,926
I-12 Total revenuePrior year $5,338,420$6,843,313
I-13 Grants and similar amounts paidPrior year $1,319,321$2,313,308
I-14 Benefits paid to membersPrior year $695,371$0
I-15 Salaries and benefitsPrior year $0$1,255,373
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,459,194$1,256,540
I-18 Total expensesPrior year $3,473,886$4,825,221
I-19 Revenue less expensesPrior year $1,864,534$2,018,092
Part VIII · Statement of revenue $6,843,313 across 8 lines filed
Lines not itemized here account for −$19,074 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$6,689,549
VIII-1g Noncash contributions (included above)$150,000
VIII-1h Total contributions, gifts and grants$6,689,549
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,749$4,749
VIII-3 Investment incomeExcluded from tax $143,713$143,713
VIII-6 Net rental income or lossExcluded from tax $21,000$21,000
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,376$3,376
VIII-12 Total revenueRelated to mission −$14,325 · Unrelated business $0 · Excluded from tax $168,089$6,843,313
Part IX · Statement of functional expenses $4,825,221 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $495,012$495,012
IX-3 Grants and assistance to foreign recipientsPrograms $1,818,296$1,818,296
IX-5 Pay of current officers, directors and key staffPrograms $260,416 · Management $105,426 · Fundraising $51,248$417,090
IX-7 Other salaries and wagesPrograms $501,174 · Management $116,850 · Fundraising $101,071$719,095
IX-8 Pension plan contributionsPrograms $5,937 · Management $832 · Fundraising $986$7,755
IX-9 Other employee benefitsPrograms $24,455 · Management $1,484 · Fundraising $12,184$38,123
IX-10 Payroll taxesPrograms $49,118 · Management $13,929 · Fundraising $10,263$73,310
IX-11b Legal feesPrograms $10,659 · Management $10,660$21,319
IX-11c Accounting feesManagement $16,003$16,003
IX-11f Investment management feesManagement $11,976$11,976
IX-11g Other fees for servicesPrograms $182,628 · Management $20,592 · Fundraising $34,967$238,187
IX-12 Advertising and promotionPrograms $82,225 · Fundraising $9$82,234
IX-13 Office expensesPrograms $77,454 · Management $21,965 · Fundraising $16,185$115,604
IX-14 Information technologyPrograms $4,219 · Management $1,196 · Fundraising $881$6,296
IX-16 OccupancyPrograms $52,713 · Management $14,948 · Fundraising $11,015$78,676
IX-17 TravelPrograms $74,563 · Management $21,325 · Fundraising $15,580$111,468
IX-19 Conferences, conventions and meetingsPrograms $8,926 · Management $11,678 · Fundraising $1,785$22,389
IX-20 InterestPrograms $87 · Management $24 · Fundraising $18$129
IX-22 Depreciation, depletion and amortizationPrograms $44,325 · Management $12,569 · Fundraising $9,261$66,155
IX-23 InsuranceManagement $4,910$4,910
IX-24 Other expenses (24a–d)Programs $192,126 · Management $56,752 · Fundraising $137,505$386,383
IX-24e All other expensesPrograms $76,926 · Management $13,560 · Fundraising $4,325$94,811
IX-25 Total functional expensesPrograms $3,961,259 · Management $456,679 · Fundraising $407,283$4,825,221
Part X · Balance sheet $8,809,475 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $2,145,856$1,495,704
X-2 Savings and temporary cash investmentsStart of year $876,877$1,988,154
X-3 Pledges and grants receivable$537,126
X-9 Prepaid expenses and deferred chargesStart of year $50,026$410,528
X-10c Land, buildings and equipment, netStart of year $1,796,214$1,934,796
X-11 Publicly traded securitiesStart of year $1,762,773$2,443,167
X-16 Total assetsStart of year $6,631,746$8,809,475
X-17 Accounts payable and accrued expensesStart of year $101,248$85,351
X-26 Total liabilitiesStart of year $1,101,148$1,100,852
X-27 Net assets without donor restrictionsStart of year $5,530,598$7,708,623
X-32 Total net assets or fund balancesStart of year $5,530,598$7,708,623
X-33 Total liabilities and net assetsStart of year $6,631,746$8,809,475
Part XI · Reconciliation of net assets $7,708,623 net assets at year end
XI-1 Total revenue$6,843,313
XI-2 Total expenses$4,825,221
XI-3 Revenue less expenses$2,018,092
XI-4 Net assets at start of year$5,530,598
XI-5 Net unrealized gains (losses) on investments$159,933
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,708,623

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

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