Projects for Humanity EIN 82-2728469

Projects for Humanity FY2023 filing

EIN  82-2728469 Public charity (501(c)(3)) Katy, TX
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides grants and support to public charities to advance their missions.
Leadership
Syed Z Uddin · Director
Money in and out
$464K revenue, $352K expenses
Bottom line
69% program efficiency

Provides grants and support to public charities to advance their missions. For fiscal year 2023 it reported $464K in revenue, $352K in expenses, and $294K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$464K
Pt VIII · Ln 12
Total expenses
$352K
Pt IX · Ln 25
Net assets
$294K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $112K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.02 Fundraising $0.29
Program efficiency
69%
of spending reaches programs
Operating runway
10.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$464K
FY2023▲ +27%
Expenses
$352K
FY2023▲ +18%
Total assets
$294K
FY2023▲ +71%
Total liabilities
$0
FY2023
Total revenue
$464K
Pt VIII · Ln 12
Total expenses
$352K
Pt IX · Ln 25
Net assets
$294K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$112K
Total assetsPt X · Ln 16$294K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $190K of program spending, described in the organization's own filed words · FY2023.
01

Underprivileged Empowerment

The vast majority people in our society are underprivileged and millions of people struggling due to high inflation. But we believe that without empowering them, we cant achieve a peaceful and sustainable society.

$66Kprogram expense
02

Education

Our champion project, an education project, provided complete services including free education , accommodation , Food, clothes, entertainment, health care, physical and mental support to 40 poor meritorious students.

$62Kprogram expense
03

Food & Nutrition

We have provided more 131,000 meals to prevent hunger as part of Ramadan food basket and Qurbani benefited 11,000 individuals.

$62Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProjects for Humanity
EINHdr · item D82-2728469
Principal addressHdr · item CKaty, TX
WebsiteHdr · item Jwww.projects4humanity.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$463K
Investment income$520
Total revenueLn 12$464K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.02 Fundraising $0.29
Program services69%$242K
Management & general2%$8K
Fundraising29%$102K
Total functional expensesLn 25$352K

Balance Sheet

Part X · end of year
CashLn 1$232K
Total assetsLn 16$294K
Total liabilitiesLn 26$0
Total net assetsLn 32$294K
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $294K · Operating expenses/yr $352K
10.0 months
Where the money goes
Program services
Program services $242K · Total expenses $352K
69%
Management & General
Management & general $8K · Total expenses $352K
2%
Fundraising
Fundraising $102K · Total expenses $352K
29%
Cost to raise $1
Fundraising expense (2-yr avg) $89K · Solicited contributions (2-yr avg) $414K
$0.21 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $463K · Total revenue $464K
100%
Government reliance
Government grants — · Total revenue $464K
Earned-income share
Program service revenue $0 · Total revenue $464K
0%
Investment reliance
Investment income $520 · Total revenue $464K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $352K
0%
Growth & trend
Revenue growth (YoY)
This year $464K · Prior year $365K
+27%
Net-asset trend (YoY)
End of year $294K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $464K · Expenses $352K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $294K
Net-asset ratio
Net assets $294K · Total assets $294K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $61K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $294K
21%
People & payroll
Highest Reported Total Compensation
Individual Syed Z Uddin · Reported title Director · Highest reported compensation $0 · Total expenses $352K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $352K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 2%
Fundraising cost ratio 22%
Revenue growth 27%
Accounting fee ratio 1%

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

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$101K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$697K revenue · ⤓ 990 PDF
FY2023$464K revenue · viewing · ⤓ 990 PDF
FY2022$365K revenue · ⤓ 990 PDF
FY2021$182K revenue · ⤓ 990 PDF
FY2020$135K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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