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Current Project EIN 85-1526455

Current Project

EIN  85-1526455 Public charity (501(c)(3)) New York, NY
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Size
$100K–1M
What they do
Connects programming and policy to close the social and economic gap for Black single mothers.
Leadership
Alisha Gordon · Executive Director · $52K
Money in and out
$210K revenue, $277K expenses
Bottom line
75% program efficiency

Connects programming and policy to close the social and economic gap for Black single mothers. For fiscal year 2024 it reported $210K in revenue, $277K in expenses, and $254K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$277K
Pt IX · Ln 25
Net assets
$254K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$67K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.15 Fundraising $0.10
Program efficiency
75%
of spending reaches programs▲ +15% vs prior filing year
Operating runway
11.0mo
months of highly liquid reserves at operating expense rate▼ -56% vs prior filing year
Surplus margin
-32%
revenue over expenses, this year▼ -146% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$210K
FY2024▼ -38%
Expenses
$277K
FY2024▲ +161%
Total assets
$256K
FY2024▼ -20%
Total liabilities
$3K
FY2024▲ +97%
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$277K
Pt IX · Ln 25
Net assets
$254K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$67K
Total assetsPt X · Ln 16$256K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $209K of program spending, described in the organization's own filed words · FY2023.
01

Currenteconomics

The online six-week cohorts offering economic coaching and emotional wellness to black single mothers from across the country.

$150Kprogram expense
02

School Choice Survey

The current project conducted a nationwide survey of over 600 black single mothers to assess their views on school choice, educational access, economic opportunities, and the political climate. The survey results garnered national media attention and sparked two "talk back" series in new york and atlanta with community stakeholders.

$59Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCurrent Project
EINHdr · item D85-1526455
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.thecurrentproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P42)
Ruling yearIRS BMFMar 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Alisha Gordon
Executive Director
$51,835Pt VII · Sec A
Robert S Harvey
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Alisha Gordon’s $52K as Executive Director is at the 40th percentile of top reported officer pay among 2165 $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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Alisha Gordon$51,835$65,166

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

Part VIII
Contributions & grants100%$210K
Other revenue$25
Total revenueLn 12$210K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.15 Fundraising $0.10
Program services75%$209K
Management & general15%$42K
Fundraising10%$27K
Total functional expensesLn 25$277K

Balance Sheet

Part X · end of year
CashLn 1$254K
Total assetsLn 16$256K
Total liabilitiesLn 26$3K
Total net assetsLn 32$254K
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $254K · Operating expenses/yr $277K
11.0 months
Where the money goes
Program services
Program services $209K · Total expenses $277K
75%
Management & General
Management & general $42K · Total expenses $277K
15%
Fundraising
Fundraising $27K · Total expenses $277K
10%
Cost to raise $1
Fundraising expense (2-yr avg) $22K · Solicited contributions (2-yr avg) $275K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $210K · Total revenue $210K
100%
Government reliance
Government grants $0 · Total revenue $210K
0%
Earned-income share
Program service revenue $0 · Total revenue $210K
0%
Investment reliance
Investment income $0 · Total revenue $210K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $277K
0%
Growth & trend
Revenue growth (YoY)
This year $210K · Prior year $341K
-38%
Net-asset trend (YoY)
End of year $254K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $210K · Expenses $277K
-32%
Liabilities-to-Assets
Total liabilities — · Total assets $256K
—
Net-asset ratio
Net assets $254K · Total assets $256K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $256K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alisha Gordon · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $52K · Total expenses $277K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $93K · Total expenses $277K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%——
Overhead ratio 15%——
Fundraising cost ratio 13%——
Revenue growth -38%——
Accounting fee ratio 4%——
Fundraising 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 · received and paid
Grants received · FY2024
Wayfarer FoundationFY2024$58K
Total grants receivedfrom 1 funder$58K
Grants paid · 2 grants · $33K · 2023–2023
Unitemized GrantFY2023$22,949
Growing Good Growing People INCMO · FY2023$10,000

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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)$210K revenue · viewing · ⤓ 990 PDF
FY2023$341K revenue · ⤓ 990 PDF
FY2022$179K 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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