Project42 FY2020 filing
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Spreading the Gospel to the 42% of the world lacking access. For fiscal year 2020 it reported $582K in revenue, $353K in expenses, and $362K in net assets.Pt I
Summary of the Filing
Where the work happens
PROJECT42 carefully evaluates and invests in strategic missionary partners who mobilize more missionaries to the unreached, translate scriptures into languages that have never had scriptures in their own language, plant churches where there are none, provides much needed business capital to start businesses among the unreached, cares for…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Justin Mack’s $165K as Chair is at the 82nd percentile of top reported officer pay among 1637 $1–10M religion 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 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Justin Mack | $164,831 | $132,268 | $61,464 | $45,834 | $10,000 |
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.
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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 | 69% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 16% | — | — |
| Revenue growth | 148% | — | — |
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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