Market Project INC FY2020 filing

Washington, DC · Public charity (501(c)(3)) · Since 2013 · Community Development

✓ Tax-deductible
Revenue
$248K
Spent
$217K
To programs
69%
Net assets
$207K
By yearFY2020–FY2025
Revenue
$248K
FY2020
Revenue by fiscal year
FY2020$248K
FY2021$437K
FY2022$262K
FY2023$340K
FY2024$302K
FY2025$418K
Expenses
$217K
FY2020
Expenses by fiscal year
FY2020$217K
FY2021$368K
FY2022$387K
FY2023$524K
FY2024$273K
FY2025$394K
Net assets
$207K
FY2020
Net assets by fiscal year
FY2020$207K
FY2021$367K
FY2022$242K
FY2023$171K
FY2024$200K
FY2025$225K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CMarket Project INC
EINHdr · item D46-4190613
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2014
Year of formationHdr · item L2013
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CWashington, DC
NTEE classificationIRS BMFCommunity Development (S30)
WebsiteHdr · item Jwww.marketproject.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.26 Fundraising $0.04
Program services69%$150K
Management & general26%$57K
Fundraising4%$9K
Total functional expensesLn 25$217K

Financial health

Is it on solid ground?

Program efficiency
69%
of spending reaches programs
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$227K
FY2020
Total assets by fiscal year
FY2020$227K
FY2021$377K
FY2022$243K
FY2023$189K
FY2024$203K
FY2025$225K
Total liabilities
$19K
FY2020
Total liabilities by fiscal year
FY2020$19K
FY2021$9K
FY2022$985
FY2023$18K
FY2024$3K
FY2025$0
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$227K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$100K
Total assetsLn 16$227K
Total liabilitiesLn 26$19K
Total net assetsLn 32$207K
Months of cash on handcomputed5.5

Statement of Revenue

Part VIII
Contributions & grants100%$248K
Total revenueLn 12$248K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $100K · Operating expenses/yr $217K
5.5 months
Where the money goes
Program services
Program services $150K · Total expenses $217K
69%
Management & General
Management & general $57K · Total expenses $217K
26%
Fundraising
Fundraising $9K · Total expenses $217K
4%
Cost to raise $1
Fundraising expense $9K · Solicited contributions $248K
$0.04 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $248K · Total revenue $248K
100%
Government reliance
Government grants — · Total revenue $248K
—
Earned-income share
Program service revenue $0 · Total revenue $248K
0%
Investment reliance
Investment income $0 · Total revenue $248K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $217K
0%
Growth & trend
Revenue growth (YoY)
This year $248K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $207K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $248K · Expenses $217K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $227K
—
Net-asset ratio
Net assets $207K · Total assets $227K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $227K
0%
People & payroll
Highest Reported Total Compensation
Individual Dorothy Douglas Taft · Reported title Executive Dir. · Highest reported compensation $24K · Total expenses $217K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $69K · Total expenses $217K
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 26%——
Fundraising cost ratio 4%——
Investment management fee ratio 0%——
Legal fee ratio 1%——
Accounting fee ratio 0.6%——
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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$24,000Pt VII · Sec A
Executive Dir.
$24,000Pt VII · Sec A
Executive Dir.
$24,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Dorothy Douglas Taft’s $45K as Executive Director is at the 24th percentile of top reported officer pay among 1709 $100K–1M community development 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bradley Jones———$98,133$119,878—
Dorothy Douglas Taft$44,700$47,168$37,728$34,080——
Dorthy Douglas Taft————$28,400—
Dorothy Douglas Taft—————$24,000

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 Market Project INC executive salaries →

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers trauma survivors with jobs and healing through hands-on business training.

Provided by the organization

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

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Mission & Programs · Part III

Where the work happens

4 program services account for $308K of program spending, described in the organization's own filed words · FY2020.
01

Support for Business

training and mentoring for businesses that employ individuals impacted by complex trauma. One Market Project business, Nguvu Dairy in Uganda, doubled its production capacity, enabling the employment of 100 individuals in 2020. Through these jobs, an additional 500 lives benefited from the employees? income creation.

$94Kprogram expense
02

Support for Business

training and mentoring for businesses that employ individuals impacted by complex trauma. One Market Project business, Nguvu Dairy in Uganda, doubled its production capacity, enabling the employment of 100 individuals in 2020. Through these jobs, an additional 500 lives benefited from the employees? income creation.

$94Kprogram expense
03

Support for Business

training and mentoring for businesses that employ individuals impacted by complex trauma. One Market Project business, Nguvu Dairy in Uganda, doubled its production capacity, enabling the employment of 100 individuals in 2020. Through these jobs, an additional 500 lives benefited from the employees income creation.

$94Kprogram expense
04

Creation of new businesses and expansion of existing businesses that employ individuals impacted by complex trauma. One new Market Project business in northern Uganda, Takataka, began production of plastic face shields for health care workers impacted by the coronavirus pandemic, using recycled plastic waste.

$27Kprogram 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
See all 5 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $418K$394K+39% 990 PDF
FY2024 $302K$273K-11% 990 PDF
FY2023 $340K$524K+30% 990 PDF
FY2022 $262K$387K-40% 990 PDF
FY2021 $437K$368K+76% 990 PDF
FY2020 Viewing $248K$217K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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