Project Pneuma INC FY2020 filing

Tax-deductible

Baltimore, MD501(c)(3)Youth DevelopmentEIN 47-3524536Revenue $723K in FY2020

On file with the IRS25 W Fayette St 6th Floor, 21201-3702 · Baltimore, MDTax-exempt since Aug 2017Publicly supported — 509(a)(2)

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To breathe new life holistically into the young men we serve by challenging them intellectually, strengthening them physically, nuturing them emotionally and uplifting them spiritually.

501(c)(3) charity; gifts are tax-deductible.
49¢ of each $1 spent went to programs.
$342K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $95K a year · 9% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
49%
of spending
Concern: 49% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$342K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$85K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 21 voting members
Looks good: 18 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$723K
Spent
$825K
To programs
49%
Net assets
$266K
By yearFY2020–FY2023
Revenue
$723K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$723K
FY2021$1.6M
FY2022$791K
FY2023$1.3M
Expenses
$825K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$825K
FY2021$1.1M
FY2022$1.6M
FY2023$1.3M
Net assets
$266K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$266K
FY2021$900K
FY2022$184K
FY2023$163K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Aug 2017.

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

Where the money goes

49 cents of each dollar spent went to programs.

Program services 49% · $403K Management & general 51% · $421K

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

21 people listed on the 990; $342K paid to officers and key staff.

Part VII, Section A · reportable compensation
$140,100Pt VII · Sec A
Founder & Ex
$130,087Pt VII · Sec A
Program Dire
$71,596Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Damion Cooper’s $142K as Founder and Executive Director is at the 60th percentile of top reported officer pay among 1552 $1–10M youth 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 · 5 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Damion Cooper$141,714$134,825$132,825$130,087
Damien Myers——$121,275$140,100
Dr Damien Myers—$122,775——
Carolyn Mozell$72,692———
Denzell Walker——$70,000$71,596

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers young men intellectually, physically, emotionally, and spiritually for a holistic transformation.

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Provided by the organization

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2 programs · $403K · in their own filed words · FY2020
01

School-Year Program

Project pneuma implemented virtual and interactive yoga and mindfulness, deep breathing exercises and focus drills, sound therapy, martial arts, physical fitness and wellness, and exposure programs through age- appropriate social and emotional learning practices.

$348Kprogram expense
02

Summer Program

The summer stem academy ran for 6 weeks during the summer of 2020. It was a virtual learning experience, which focused on an interdisciplinary approach to the biomedical sciences, studying a separate system of the human body each week.

$55Kprogram 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
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$723K
Ln 12
Fees for servicesLn 2g$490K
Gifts and grantsLn 1h$232K
Money outPt IX
$825K
Ln 25
Programscol B$403K
Managementcol C$421K
Owns and owesPt X
$266K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$351K
LiabilitiesLn 26$85K
PeoplePt VI, VII
21
listed · VII A
PaidVII A3
Voting boardVI 1a21
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$232K
Fees for servicesLn 2g$490K
Total revenueLn 12$723K
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
Land, buildings, equipmentLn 10c$71K
Total assetsLn 16$351K
LiabilitiesLn 26$85K
Net assetsLn 32$266K
OperationsPt I, VI
EmployeesI 513
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$95K$120K
Land, buildings, equipmentLn 10c$66K$71K
Total assetsLn 16$394K$351K
LiabilitiesLn 26$959$85K
Net assetsLn 32$393K$266K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$342K$63K$279K
Other salaries and wagesLn 7$171K$166K$5K
Other employee benefitsLn 9$36K$36K
Payroll taxesLn 10$31K$15K$16K
Other fees for servicesLn 11g$24K$1K$23K
Advertising and promotionLn 12$52K$15K$37K
Office expensesLn 13$6K$1K$4K
OccupancyLn 16$10K$2K$7K
TravelLn 17$27K$27K
Conferences, conventions and meetingsLn 19$272$272
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$11K$9K$2K
Other expenses (24a–d)Ln 24$108K$97K$10K
All other expensesLn 24e$6K$4K$2K
Total functional expensesLn 25$825K$403K$421K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $1.3M$1.3M−$21K$163K 990 PDF
FY2022 $791K$1.6M−$771K$184K 990 PDF
FY2021 $1.6M$1.1M$516K$900K 990 PDF
FY2020 Viewing $723K$825K−$102K$266K 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 FY2020 990 (6 parts)
Part I · Summary $722,643 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $289,904$232,298
I-9 Program service revenuePrior year $674,539$490,345
I-10 Investment income$0
I-11 Other revenuePrior year $4,695$0
I-12 Total revenuePrior year $969,138$722,643
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $381,500$579,668
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $319,980$245,100
I-18 Total expensesPrior year $701,480$824,768
I-19 Revenue less expensesPrior year $267,658−$102,125
Part VI · Governance 18 of 21 board members independent, 2 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members18
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $722,643 across 4 lines filed
VIII-1f All other contributions, gifts and grants$232,298
VIII-1h Total contributions, gifts and grants$232,298
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $490,345$490,345
VIII-12 Total revenueRelated to mission $490,345$722,643
Part IX · Statement of functional expenses $824,768 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $63,230 · Management $278,553$341,783
IX-7 Other salaries and wagesPrograms $165,914 · Management $5,144$171,058
IX-9 Other employee benefitsManagement $36,146$36,146
IX-10 Payroll taxesPrograms $14,564 · Management $16,117$30,681
IX-11g Other fees for servicesPrograms $1,339 · Management $22,578$23,917
IX-12 Advertising and promotionPrograms $15,330 · Management $37,139$52,469
IX-13 Office expensesPrograms $1,367 · Management $4,354$5,721
IX-16 OccupancyPrograms $2,438 · Management $7,476$9,914
IX-17 TravelPrograms $26,865$26,865
IX-19 Conferences, conventions and meetingsManagement $272$272
IX-22 Depreciation, depletion and amortizationPrograms $1,875$1,875
IX-23 InsurancePrograms $9,299 · Management $1,579$10,878
IX-24 Other expenses (24a–d)Programs $97,245 · Management $10,323$107,568
IX-24e All other expensesPrograms $3,816 · Management $1,805$5,621
IX-25 Total functional expensesPrograms $403,282 · Management $421,486 · Fundraising $0$824,768
Part X · Balance sheet $350,978 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $95,008$120,140
X-4 Accounts receivableStart of year $232,764$160,000
X-10c Land, buildings and equipment, netStart of year $66,018$70,838
X-16 Total assetsStart of year $393,790$350,978
X-25 Other liabilities$84,800
X-26 Total liabilitiesStart of year $959$84,800
X-32 Total net assets or fund balancesStart of year $392,831$266,178
X-33 Total liabilities and net assetsStart of year $393,790$350,978
Part XI · Reconciliation of net assets $266,178 net assets at year end
XI-1 Total revenue$722,643
XI-2 Total expenses$824,768
XI-3 Revenue less expenses−$102,125
XI-4 Net assets at start of year$392,831
XI-8 Prior period adjustments−$24,528
XI-10 Net assets at end of year$266,178

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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