Caravanserai Project
Supports mission-driven groups through training, education, and technical assistance to foster cultural and environmental progress. For fiscal year 2024 it reported $1.0M in revenue, $1.8M in expenses, and $596K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · International
- Location
- Palm Springs, CA
- Website
- www.caravanseraiproject.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Business readiness training and grant making are interconnected and provide mission-driven entrepreneurs both technical support and funding. Starting 2022 to 2024, caravanserai project will work with over 200 beneficiaries in the ie and provide a total of over $1.5m in micro-grants.
The business coaching program provides one-on-one and group advisory services to entrepreneurs, nonprofit leaders, and small business owners to strengthen their management, operations, and long term sustainability.
Seed lab pre-accelerator, launched in 2018, is an 8-MONTH program (october - may) designed to help startup and early-stage entrepreneurs build viable mission-driven ventures from ideation to piloting and scaling. In 2019, the program was approved by ucr-extension as a 9-PROFESSIONAL credit specialized certificate.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Mihai Patru’s $100K as President is at the 32nd percentile of top reported officer pay among 1169 $1–10M international 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Mihai Patru | $100,450 | — |
| Franzene Minott | $67,039 | — |
| Stephen Bennett | $65,700 | $63,750 |
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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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 | 84% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 0.03% | — | — |
| Revenue growth | -58% | — | — |
| Accounting fee ratio | 3% | — | — |
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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