Project Invent empowers students with the 21st-century skills to succeed individually and impact globally, through invention for social good.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$94K 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

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $94K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$94K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
13 mo
of spending, in cash
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $338K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$517K
Spent
$366K
To programs
77%
Net assets
$398K
By yearFY2021–FY2025
Revenue
$517K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$517K
FY2022$1.0M
FY2023$1.1M
FY2024$1.1M
FY2025$1.5M
Expenses
$366K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$366K
FY2022$848K
FY2023$1.1M
FY2024$1.2M
FY2025$1.3M
Net assets
$398K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$398K
FY2022$555K
FY2023$545K
FY2024$504K
FY2025$718K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2019.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $282K Management & general 14% · $50K Fundraising 10% · $35K

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

7 people listed on the 990; $94K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Founder & Executive Director
$94,145Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jax Chaudhry’s $160K as Executive Dir. is at the 40th percentile of top reported officer pay among 363 $1–10M science & technology 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

NameFY2025FY2024FY2023FY2022FY2021
Jax Chaudhry$160,445$164,000$55,430——
Mike Catterlin$133,923$125,077———
Connie Liu———$56,808$94,145

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 Invent executive salaries →

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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 students to invent solutions for social good, building skills for global impact.

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Provided by the organization

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1 program · $282K · in their own filed words · FY2020
01

Trained and supported teachers at 50 schools to implement the Project Invent program. Hosted three virtual Demo Days for students to present inventions to top investors and tech executives. Published curriculum and resources used in over 2000 classrooms.

$282Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Kla FoundationFY2025$52K
Total grants receivedfrom 3 funders$338K
See all 3 funders →
Grants paid · 21 grants · $74K · 2021–2024
Unitemized GrantFY2024$8,500
Unitemized GrantFY2024$3,000
Unitemized GrantFY2023$16,000
Unitemized GrantFY2023$4,475
Unitemized GrantFY2023$1,425
Unitemized GrantFY2023$45
Unitemized GrantFY2022$10,050
Unitemized GrantFY2022$6,500
Gold Crown Foundation INCCO · FY2022$5,500
Unitemized GrantFY2022$2,500
Unitemized GrantFY2022$2,250
Unitemized GrantFY2022$495
Unitemized GrantFY2022$375
Unitemized GrantFY2022$340
Unitemized GrantFY2021$5,900
Unitemized GrantFY2021$2,800
Unitemized GrantFY2021$1,600
Unitemized GrantFY2021$1,160
See all 21 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$517K
Ln 12
Gifts and grantsLn 1h$489K
Fees for servicesLn 2g$27K
Investment incomeLn 3$2K
Money outPt IX
$366K
Ln 25
Programscol B$282K
Managementcol C$50K
Fundraisingcol D$35K
Owns and owesPt X
$398K
net assets · Ln 32
Cash and savingsLn 1–2$402K
Total assetsLn 16$402K
LiabilitiesLn 26$5K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$489K
Government grantsLn 1e$15K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$27K
Investment incomeLn 3$2K
Total revenueLn 12$517K
Assets in detailPt X, end of year
CashLn 1$201K
SavingsLn 2$201K
Cash and savings togetherLn 1–2$402K
Total assetsLn 16$402K
LiabilitiesLn 26$5K
Net assetsLn 32$398K
OperationsPt I, VI
EmployeesI 516
VolunteersI 6208
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$251K$402K
Total assetsLn 16$251K$402K
LiabilitiesLn 26$4K$5K
Net assetsLn 32$247K$398K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K$4K
Pay of current officers, directors and key staffLn 5$67K$52K$7K$8K
Other salaries and wagesLn 7$179K$141K$18K$21K
Other employee benefitsLn 9$18K$14K$3K$2K
Payroll taxesLn 10$20K$16K$2K$2K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$9K$8K$0$1K
Office expensesLn 13$24K$17K$6K$1K
Information technologyLn 14$3K$3K
Conferences, conventions and meetingsLn 19$31K$20K$11K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$2K$2K$0$0
Total functional expensesLn 25$366K$282K$50K$35K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.3M$214K$718K 990 PDF
FY2024 $1.1M$1.2M−$41K$504K 990 PDF
FY2023 $1.1M$1.1M−$10K$545K 990 PDF
FY2022 $1.0M$848K$157K$555K 990 PDF
FY2021 Viewing $517K$366K$151K$398K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $517,099 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $382,545$488,524
I-9 Program service revenuePrior year $28,464$27,063
I-10 Investment incomePrior year $2,072$1,512
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $413,081$517,099
I-13 Grants and similar amounts paidPrior year $5,850$4,050
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $155,159$284,428
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $50,605$77,859
I-18 Total expensesPrior year $211,614$366,337
I-19 Revenue less expensesPrior year $201,467$150,762
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $517,099 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$15,000
VIII-1f All other contributions, gifts and grants$473,524
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$488,524
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $27,063 · Unrelated business $0 · Excluded from tax $0$27,063
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,512$1,512
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $27,063 · Unrelated business $0 · Excluded from tax $1,512$517,099
Part IX · Statement of functional expenses $366,337 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $4,050$4,050
IX-5 Pay of current officers, directors and key staffPrograms $52,090 · Management $6,880 · Fundraising $7,626$66,596
IX-7 Other salaries and wagesPrograms $140,985 · Management $17,806 · Fundraising $20,625$179,416
IX-9 Other employee benefitsPrograms $13,609 · Management $2,704 · Fundraising $2,009$18,322
IX-10 Payroll taxesPrograms $15,801 · Management $1,996 · Fundraising $2,297$20,094
IX-11c Accounting feesManagement $2,714$2,714
IX-11g Other fees for servicesPrograms $4,888$4,888
IX-12 Advertising and promotionPrograms $8,143 · Management $0 · Fundraising $1,034$9,177
IX-13 Office expensesPrograms $17,073 · Management $5,943 · Fundraising $1,279$24,295
IX-14 Information technologyPrograms $2,907$2,907
IX-19 Conferences, conventions and meetingsPrograms $20,111 · Management $10,722$30,833
IX-23 InsuranceManagement $1,055$1,055
IX-24 Other expenses (24a–d)Programs $1,990 · Management $0 · Fundraising $0$1,990
IX-25 Total functional expensesPrograms $281,647 · Management $49,820 · Fundraising $34,870$366,337
Part X · Balance sheet $402,477 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $50,717$201,495
X-2 Savings and temporary cash investmentsStart of year $200,053$200,982
X-16 Total assetsStart of year $250,770$402,477
X-17 Accounts payable and accrued expensesStart of year $3,565$4,510
X-26 Total liabilitiesStart of year $3,565$4,510
X-27 Net assets without donor restrictionsStart of year $247,205$397,967
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $247,205$397,967
X-33 Total liabilities and net assetsStart of year $250,770$402,477
Part XI · Reconciliation of net assets $397,967 net assets at year end
XI-1 Total revenue$517,099
XI-2 Total expenses$366,337
XI-3 Revenue less expenses$150,762
XI-4 Net assets at start of year$247,205
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$397,967

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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