Project One Day FY2024 filing

Public charity (501(c)(3)) Houston, TX Since 2019 EIN 84-3963489 NTEE P33
Revenue
$488K
▲ +26%
FY2024 · Pt VIII · Ln 12
Expenses
$169K
▲ +12%
FY2024 · Pt IX · Ln 25
Net assets
$897K
FY2024 · Pt X · Ln 32
To programs
93%
FY2024 · Pt IX · col B
Revenue & expenses by yearFY2021–FY2025
Revenue
$488K
FY2024▲ +26%
Expenses
$169K
FY2024▲ +12%

Provides free childcare for low-income single parents by training them to volunteer one day a week.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Yes — filed FY2025
Foundation funders?
7 funders, incl. Childrens Fund INC
$464K in the latest grant year. Details →
Spent on programs?
93% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M
↑ +26% vs prior year Details →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Provides free childcare for low-income single parents by training them to volunteer one day a week.

Founded
2019
Type
Public charity (501(c)(3)) · Human Services
Location
Houston, TX
Website
www.projectoneday.org
Filings
5 on file (2021–2024)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Provided by the organization

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Where the money goes · FY2024
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.04 Fundraising $0.02
Program efficiency
93%
of spending reaches programs
Operating runway
29.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+65%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$913K
FY2024▲ +57%
Total liabilities
$15K
FY2024▲ +559%
Revenue less expensesPt I · Ln 19$319K
Total assetsPt X · Ln 16$913K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CProject One Day
EINHdr · item D84-3963489
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.projectoneday.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33)
Ruling yearIRS BMFMar 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director of Fundraising
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Jennifer Johnson’s $75K as Executive Director is at the 66th percentile of top reported officer pay among 2168 $100K–1M human services 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.

See Project One Day executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $158K of program spending, described in the organization's own filed words · FY2024.
01

General Programs

Quality childcare is inaccessible due to the high cost of the number of teachers required by law to keep children safe. To address this issue, project one day trains low-income parents to assist its experienced, christcentered, early childhood educators.

$158Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$469K · 96%
Investment income$18K · 4%
Contributions & grants96%$469K
Investment income4%$18K
Other revenue$776
— government grantsLn 1e$2K
Total revenueLn 12$488K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.04 Fundraising $0.02
Program services93%$158K
Management & general4%$7K
Fundraising2%$4K
Total functional expensesLn 25$169K

Balance Sheet

Part X · end of year
CashLn 1$116K
Total assetsLn 16$913K
Total liabilitiesLn 26$15K
Total net assetsLn 32$897K
Months of cash on handcomputed8.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $345K · Operating expenses (Pt IX) $169K · Less non-cash grants $26K · Cash operating expenses/yr $142K
29.1 months
Where the money goes
Program services
Program services $158K · Total expenses $169K
93%
Management & General
Management & general $7K · Total expenses $169K
4%
Fundraising
Fundraising $4K · Total expenses $169K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $383K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $469K · Total revenue $488K
96%
Government reliance
Government grants $2K · Total revenue $488K
0.3%
Earned-income share
Program service revenue $0 · Total revenue $488K
0%
Investment reliance
Investment income $18K · Total revenue $488K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $169K
0%
Growth & trend
Revenue growth (YoY)
This year $488K · Prior year $386K
+26%
Net-asset trend (YoY)
End of year $897K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $488K · Expenses $169K
+65%
Liabilities-to-Assets
Total liabilities — · Total assets $913K
—
Net-asset ratio
Net assets $897K · Total assets $913K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $229K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $913K
25%
People & payroll
Highest Reported Total Compensation
Individual Jennifer Johnson · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $169K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $78K · Total expenses $169K
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 4%——
Fundraising cost ratio 0.8%——
Revenue growth 26%——
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

Schedule I · funders on record
Grants received · FY2024
See all 7 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
FY2025 (Latest)$688K revenue · ⤓ 990 PDF
FY2024$488K revenue · viewing · ⤓ 990 PDF
FY2023$386K revenue · ⤓ 990 PDF
FY2022$399K revenue · ⤓ 990 PDF
FY2021$94K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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