Project Best INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

Operation of a labor management cooperation committee

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 55-0663383) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
90¢ of each $1 spent went to programs.
$105K 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $23K a year · 10% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
90% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$105K
to officers and key staff · 38% of spending
Pay to officers and key staff is 38% of spending.
Part VII, Section A
<0.1 mo
of spending, in cash
Plus $3.1M in investments, Pt X · Ln 11–13
<0.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$336K
+23% vs prior year
Spent
$274K
To programs
90%
Net assets
$3.1M
By yearFY2020–FY2024
Revenue
$336K
FY2024▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$335K
FY2021$224K
FY2022$33K
FY2023$273K
FY2024$336K
Expenses
$274K
FY2024▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$129K
FY2021$151K
FY2022$343K
FY2023$187K
FY2024$274K
Net assets
$3.1M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.3M
FY2022$2.7M
FY2023$3.0M
FY2024$3.1M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1986.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $246K Management & general 10% · $27K

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

9 people listed on the 990; $105K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Di
$105,000Pt VII · Sec A
Mgmt Trustee
$0Pt VII · Sec A
Mgmt Trustee
$0Pt VII · Sec A
Mgmt Trustee
$0Pt VII · Sec A
Management C
$0Pt VII · Sec A
Labor Truste
$0Pt VII · Sec A
Labor Truste
$0Pt VII · Sec A
Labor Truste
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2022
Erikka Storch—$110,686
Nathan Butts$105,000—

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 Project Best 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Facilitates cooperation between labor and management to improve workplaces.

Questions for Project Best INC

Tap to ask. Project Best INC sees how many people are interested.

Your first name shows with your question. Project Best INC answers here, for everyone.

1 program · in their own filed words · FY2024
01

Labor management cooperation committee whose purpose is to improve labor- management relationships, job security, competitiveness, productivity, organizational effectiveness, and economic development.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 55-0663383) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$336K
Ln 12
Investment incomeLn 3$185K
Gifts and grantsLn 1h$151K
Money outPt IX
$274K
Ln 25
Programscol B$246K
Managementcol C$27K
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$244
Total assetsLn 16$3.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$151K
Investment incomeLn 3$185K
Gains on assetsLn 7$88K
Total revenueLn 12$336K
Assets in detailPt X, end of year
SavingsLn 2$244
Cash and savings togetherLn 1–2$244
Land, buildings, equipmentLn 10c$25K
InvestmentsLn 11–13$3.1M
Total assetsLn 16$3.1M
LiabilitiesLn 26$0
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$268K$244
InvestmentsLn 11–13$2.7M$3.1M
Land, buildings, equipmentLn 10c$30K$25K
Total assetsLn 16$3.0M$3.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.0M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$105K$105K
Pension plan contributionsLn 8$3K$3K
Payroll taxesLn 10$9K$9K
Accounting feesLn 11c$14K$14K
Investment management feesLn 11f$25K$25K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$21K$21K
Office expensesLn 13$3K$3K
Information technologyLn 14$7K$7K
OccupancyLn 16$6K$6K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$66K$66K
Total functional expensesLn 25$274K$246K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS May 21, 2025 $336K$274K$62K$3.1M 990 PDF
FY2023Filed with the IRS Sep 14, 2024 $273K$187K$85K$3.0M 990 PDF
FY2022Filed with the IRS May 8, 2023 $33K$343K−$310K$2.7M 990 PDF
FY2021Filed with the IRS Jul 7, 2022 $224K$151K$73K$3.3M 990 PDF
FY2020Filed with the IRS Jun 11, 2021 $335K$129K$206K$3.1M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $336,126 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $182,467$150,696
I-9 Program service revenue$0
I-10 Investment incomePrior year $90,349$185,430
I-11 Other revenue$0
I-12 Total revenuePrior year $272,816$336,126
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $72,315$117,034
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $115,128$156,848
I-18 Total expensesPrior year $187,443$273,882
I-19 Revenue less expensesPrior year $85,373$62,244
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $336,126 across 5 lines filed
VIII-1b Membership dues$150,696
VIII-1h Total contributions, gifts and grants$150,696
VIII-3 Investment incomeExcluded from tax $97,292$97,292
VIII-7 Net gain or loss on sales of assetsRelated to mission $88,138$88,138
VIII-12 Total revenueRelated to mission $88,138 · Excluded from tax $97,292$336,126
Part IX · Statement of functional expenses $273,882 across 14 lines filed
IX-7 Other salaries and wagesPrograms $105,000$105,000
IX-8 Pension plan contributionsPrograms $3,150$3,150
IX-10 Payroll taxesPrograms $8,884$8,884
IX-11c Accounting feesPrograms $14,050$14,050
IX-11f Investment management feesManagement $25,159$25,159
IX-11g Other fees for servicesPrograms $3,588$3,588
IX-12 Advertising and promotionPrograms $21,342$21,342
IX-13 Office expensesPrograms $3,291$3,291
IX-14 Information technologyPrograms $7,001$7,001
IX-16 OccupancyPrograms $6,400$6,400
IX-19 Conferences, conventions and meetingsManagement $2,281$2,281
IX-22 Depreciation, depletion and amortizationPrograms $4,836$4,836
IX-23 InsurancePrograms $2,485$2,485
IX-24 Other expenses (24a–d)Programs $66,415$66,415
IX-25 Total functional expensesPrograms $246,442 · Management $27,440 · Fundraising $0$273,882
Part X · Balance sheet $3,143,808 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $267,867$244
X-10c Land, buildings and equipment, netStart of year $30,287$25,452
X-11 Publicly traded securitiesStart of year $2,721,474$3,118,112
X-16 Total assetsStart of year $3,019,628$3,143,808
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $3,019,628$3,143,808
X-32 Total net assets or fund balancesStart of year $3,019,628$3,143,808
X-33 Total liabilities and net assetsStart of year $3,019,628$3,143,808
Part XI · Reconciliation of net assets $3,143,808 net assets at year end
XI-1 Total revenue$336,126
XI-2 Total expenses$273,882
XI-3 Revenue less expenses$62,244
XI-4 Net assets at start of year$3,019,628
XI-5 Net unrealized gains (losses) on investments$61,936
XI-10 Net assets at end of year$3,143,808

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.