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
86 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
7 people listed on the 990.
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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
Empowering impoverished Tanzanian youth through education to become future leaders.
This section is blank until Precious Project INC claims this page.
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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…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.0M | $1.3M |
| Total assetsLn 16 | $1.3M | $1.4M |
| LiabilitiesLn 26 | $1K | $11K |
| Net assetsLn 32 | $1.3M | $1.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $997K | $997K | ||
| Other salaries and wagesLn 7 | $163K | $44K | $60K | $58K |
| Other employee benefitsLn 9 | $8K | $2K | $3K | $3K |
| Payroll taxesLn 10 | $15K | $4K | $5K | $5K |
| Accounting feesLn 11c | $20K | $20K | ||
| Office expensesLn 13 | $18K | $2K | $6K | $10K |
| TravelLn 17 | $353 | $23 | $330 | |
| InsuranceLn 23 | $1K | $335 | $457 | $443 |
| Total functional expensesLn 25 | $1.2M | $1.0M | $95K | $78K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $2.0M | $805K | $1.2M | $2.2M | 990 PDF |
| FY2024 | $1.4M | $1.2M | $147K | $984K | 990 PDF |
| FY2023 | $570K | $1.0M | −$455K | $837K | 990 PDF |
| FY2022 | $1.1M | $863K | $253K | $1.3M | 990 PDF |
| FY2021 | $1.2M | $1.6M | −$396K | $1.0M | 990 PDF |
| FY2020 Viewing | $1.4M | $1.2M | $138K | $1.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,360,577 across 6 lines filed
Part IX · Statement of functional expenses $1,222,209 across 8 lines filed
Part X · Balance sheet $1,445,891 assets, 11 lines filed
Part XI · Reconciliation of net assets $1,434,771 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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