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Precious Project INC

Tax-deductible

Dedham, MA501(c)(3)Since 2014Foundations & Grantmakers EIN 47-1281673Revenue $2.0M in FY2025Latest return filed May 6, 2026

On file with the IRSpreciousproject.orgDedham, MATax-exempt since Dec 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To nurture, educate and empower impoverished youth in tanzania to be productive members and the future leaders of their country.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1281673) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Run by 1 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $147K a year · 12% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
68% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
30.0 mo
of spending, in cash
30.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$9K
0.4% of total assets
Liabilities are 0.4% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$2.0M
+44% vs prior year
Spent
$805K
To programs
68%
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$2.0M
FY2025▲ +44%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.2M
FY2022$1.1M
FY2023$570K
FY2024$1.4M
FY2025$2.0M
Expenses
$805K
FY2025▼ -35%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.6M
FY2022$863K
FY2023$1.0M
FY2024$1.2M
FY2025$805K
Net assets
$2.2M
FY2025▲ +122%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.0M
FY2022$1.3M
FY2023$837K
FY2024$984K
FY2025$2.2M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Follow Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2014.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $547K Management & general 10% · $84K Fundraising 22% · $174K

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

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Gilbert Williams
Co-Founder/Director
$0Pt VII · Sec A
Suzanne Rheault-Williams
Co-Founder/Director
$0Pt VII · Sec A
Jules Clark
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Precious Project INC executive salaries →

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

Empowering impoverished Tanzanian youth through education to become future leaders.

Questions for Precious Project INC

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1 program · $547K · in their own filed words · FY2025
01

Precious project is helping to transform a rural, impoverished community in tanzania by eliminating disparities in education, care of children and economic development. The project's foundation is based on five pillars: providing children access to quality education; caring for orphans and abandoned children; empowering women with skills…

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1281673) · Dispute this line
$547Kprogram expense

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 · FY2025
Harrison FoundationFY2025$36K
Total grants receivedfrom 1 funder$36K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$18K
Other incomeLn 4–11$82
Money outPt IX
$805K
Ln 25
Programscol B$547K
Managementcol C$84K
Fundraisingcol D$174K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$2.2M
LiabilitiesLn 26$9K
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$2.0M
Noncash giftsLn 1g$11K
Investment incomeLn 3$18K
Other incomeLn 4–11$82
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$147K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$2.0M
Pledges and grants receivableLn 3$10K
Prepaid expenses and deferred chargesLn 9$165K
Total assetsLn 16$2.2M
LiabilitiesLn 26$9K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 53
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$489K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$791K$2.0M
Total assetsLn 16$998K$2.2M
LiabilitiesLn 26$13K$9K
Net assetsLn 32$984K$2.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$489K$489K
Other salaries and wagesLn 7$219K$47K$47K$124K
Pension plan contributionsLn 8$6K$1K$1K$3K
Other employee benefitsLn 9$20K$1K$1K$18K
Payroll taxesLn 10$17K$4K$4K$10K
Accounting feesLn 11c$17K$17K
Office expensesLn 13$18K$13K$5K
TravelLn 17$5K$5K$270
InsuranceLn 23$2K$438$438$1K
Other expenses (24a–d)Ln 24$12K$12K
Total functional expensesLn 25$805K$547K$84K$174K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 6, 2026 $2.0M$805K$1.2M$2.2M 990 PDF
FY2024Filed with the IRS May 5, 2025 $1.4M$1.2M$147K$984K 990 PDF
FY2023Filed with the IRS Jun 20, 2024 $570K$1.0M−$455K$837K 990 PDF
FY2022Filed with the IRS May 2, 2023 $1.1M$863K$253K$1.3M 990 PDF
FY2021Filed with the IRS May 11, 2022 $1.2M$1.6M−$396K$1.0M 990 PDF
FY2020Filed with the IRS May 6, 2021 $1.4M$1.2M$138K$1.4M 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments F · Foreign O · Explanations
See the full FY2025 990
Part I · Summary $2,001,774 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,370,562$1,984,096
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $21,148$17,596
I-11 Other revenuePrior year $0$82
I-12 Total revenuePrior year $1,391,710$2,001,774
I-13 Grants and similar amounts paidPrior year $950,811$488,510
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $237,602$261,263
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $56,075$55,088
I-18 Total expensesPrior year $1,244,488$804,861
I-19 Revenue less expensesPrior year $147,222$1,196,913
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,001,774 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,984,096
VIII-1g Noncash contributions (included above)$11,380
VIII-1h Total contributions, gifts and grants$1,984,096
VIII-3 Investment incomeExcluded from tax $17,596$17,596
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $82$82
VIII-12 Total revenueRelated to mission $82 · Unrelated business $0 · Excluded from tax $17,596$2,001,774
Part IX · Statement of functional expenses $804,861 across 10 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $488,510$488,510
IX-7 Other salaries and wagesPrograms $47,296 · Management $47,296 · Fundraising $124,460$219,052
IX-8 Pension plan contributionsPrograms $1,240 · Management $1,240 · Fundraising $3,070$5,550
IX-9 Other employee benefitsPrograms $1,059 · Management $1,059 · Fundraising $17,514$19,632
IX-10 Payroll taxesPrograms $3,677 · Management $3,677 · Fundraising $9,675$17,029
IX-11c Accounting feesManagement $16,964$16,964
IX-13 Office expensesManagement $12,971 · Fundraising $5,424$18,395
IX-17 TravelPrograms $5,071 · Fundraising $270$5,341
IX-23 InsurancePrograms $438 · Management $438 · Fundraising $1,152$2,028
IX-24 Other expenses (24a–d)Fundraising $12,360$12,360
IX-25 Total functional expensesPrograms $547,291 · Management $83,645 · Fundraising $173,925$804,861
Part X · Balance sheet $2,190,365 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $261,899$146,925
X-2 Savings and temporary cash investmentsStart of year $528,683$1,868,557
X-3 Pledges and grants receivableStart of year $128,597$10,000
X-9 Prepaid expenses and deferred chargesStart of year $78,650$164,883
X-16 Total assetsStart of year $997,829$2,190,365
X-17 Accounts payable and accrued expensesStart of year $13,455$9,078
X-26 Total liabilitiesStart of year $13,455$9,078
X-27 Net assets without donor restrictionsStart of year $569,012$2,124,487
X-28 Net assets with donor restrictionsStart of year $415,362$56,800
X-32 Total net assets or fund balancesStart of year $984,374$2,181,287
X-33 Total liabilities and net assetsStart of year $997,829$2,190,365
Part XI · Reconciliation of net assets $2,181,287 net assets at year end
XI-1 Total revenue$2,001,774
XI-2 Total expenses$804,861
XI-3 Revenue less expenses$1,196,913
XI-4 Net assets at start of year$984,374
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,181,287

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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