Project Sleep EIN 46-3665317

Project Sleep

EIN  46-3665317 Public charity (501(c)(3)) Los Angeles, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Educates and empowers people about sleep health and disorders through events and campaigns.
Leadership
Julie Louise Flygare · President & CEO · $105K
Money in and out
$1.1M revenue, $871K expenses
Bottom line
93% program efficiency

Educates and empowers people about sleep health and disorders through events and campaigns. For fiscal year 2024 it reported $1.1M in revenue, $871K in expenses, and $715K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$871K
Pt IX · Ln 25
Net assets
$715K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $246K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
9.8mo
months of highly liquid reserves at operating expense rate▲ +32% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ +167% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +95%
Expenses
$871K
FY2024▲ +15%
Total assets
$715K
FY2024▲ +52%
Total liabilities
$0
FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$871K
Pt IX · Ln 25
Net assets
$715K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$246K
Total assetsPt X · Ln 16$715K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $519K of program spending, described in the organization's own filed words · FY2024.
01

Project Sleep Helpline

The Sleep Helpline is a free national helpline providing personalized support and resources for people facing sleep issues and sleep disorders. In 2024, our compassionate Sleep Helpline staff supported over 500 individuals by listening and helping to provide navigational support along their sleep journey.

$239Kprogram expense
02

Sleep Advocacy Program

The Sleep Advocacy Program aims to educate policymakers about sleep, ensuring sleeps place in the federal advocacy process and increasing the effective coordination of sleep-related advocacy to improve outcomes for patients.

$183Kprogram expense
03

Narcolepsy Awareness Program

The Narcolepsy Awareness Program increases awareness to key audiences who are currently lacking knowledge and understanding of narcolepsy using speaking engagements and news media campaigns.

$96Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Sleep
EINHdr · item D46-3665317
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jproject-sleep.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G80)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$105,023Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Julie Louise Flygare’s $105K as President & CEO is at the 27th percentile of top reported officer pay among 731 $1–10M diseases & disorders 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

NameFY2024FY2023FY2022FY2021FY2020
Julie Louise Flygare$105,023$99,068$94,156$89,843$82,188

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%$1.1M
Program service revenue$3K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$812K
Management & general7%$60K
Total functional expensesLn 25$871K

Balance Sheet

Part X · end of year
CashLn 1$715K
Total assetsLn 16$715K
Total liabilitiesLn 26$0
Total net assetsLn 32$715K
Months of cash on handcomputed9.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $715K · Operating expenses/yr $871K
9.8 months
Where the money goes
Program services
Program services $812K · Total expenses $871K
93%
Management & General
Management & general $60K · Total expenses $871K
7%
Fundraising
Fundraising $0 · Total expenses $871K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $795K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
100%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $3K · Total revenue $1.1M
0%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $3K · Total expenses $871K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $573K
+95%
Revenue CAGR
FY2020 $377K · FY2024 $1.1M
+31%
Net-asset trend (YoY)
End of year $715K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $871K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $715K
Net-asset ratio
Net assets $715K · Total assets $715K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $715K
0%
People & payroll
Highest Reported Total Compensation
Individual Julie Louise Flygare · Reported title President & CEO · Highest reported compensation $105K · Total expenses $871K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $430K · Total expenses $871K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 95%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 3 funders$25K
See all 3 funders →
Grants paid · 5 grants · $162K · 2020–2024
Unitemized GrantFY2024$36,000
Unitemized GrantFY2023$35,000
Unitemized GrantFY2022$30,000
Unitemized GrantFY2021$33,500
Unitemized GrantFY2020$27,000

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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)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$573K revenue · ⤓ 990 PDF
FY2022$696K revenue · ⤓ 990 PDF
FY2021$460K revenue · ⤓ 990 PDF
FY2020$377K 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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