Project Reap FY2022 filing
Expands commercial real estate careers via education, mentorship, and industry partnerships. For fiscal year 2022 it reported $537K in revenue, $474K in expenses, and $765K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Boston, MA
- Website
- www.projectreap.org/about
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Manikka Bowman’s $159K as Executive Dir. is at the 96th percentile of top reported officer pay among 1616 $100K–1M education 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
| Name | FY2023 | FY2022 |
|---|---|---|
| Manikka Bowman | $159,433 | $135,474 |
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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Where the work happens
Conducted academies offering a 10-week virtual and in-person learning program for 150 students. Conducted 3 advanced learning virtual sessions available to 1,800 alumni,together with 7 in-person networking events. Produced 5 thought leadership publications and 5 newsletters.
Continued collaboration with two experts in the field of community development finance establishing a new initiative to facilitate the entry of minority professionals into that field. Marketed the program to REAP alumni and attracted applications for internships. Arranged for a coordinator and publicist to administer the program.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 11% | — | — |
| Fundraising cost ratio | 19% | — | — |
| Revenue growth | 10% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
| 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
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Filings & Schedule Manifest
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Sources
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