Project 41 12 INC FY2023 filing

Tax-deductible

Cleveland Hts, OH501(c)(3)EducationEIN 92-2010560

To provide a variety of globally accessible pathways to become a successful montessori educator.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$68K 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

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
2 of 3
years in the black
Worth a look: 1 of the last 3 filings shows a deficit.
Pt I · Ln 19 · 3 filings
How much reaches the programs?
82%
of spending
Looks good: 82% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$68K
to officers and key staff · 10% of spending
Looks good: leaders' pay is 10% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $650K
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$12K
liabilities
Looks good: debts are 3% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
2
independent of 3 voting board members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$1.1M
Spent
$685K
To programs
82%
Net assets
$454K
By yearFY2023–FY2025
Revenue
$1.1M
FY2023
Revenue by fiscal year
FY2023$1.1M
FY2024$1.1M
FY2025$251K
Expenses
$685K
FY2023
Expenses by fiscal year
FY2023$685K
FY2024$635K
FY2025$538K
Net assets
$454K
FY2023
Net assets by fiscal year
FY2023$454K
FY2024$875K
FY2025$566K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CProject 41 12 INC
EINHdr · item D92-2010560
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2023
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCleveland Hts, OH
NTEE classificationIRS BMFEducation (B99)
WebsiteHdr · item Jproject4112.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$565K
Management & general18%$121K
Total functional expensesLn 25$685K

Financial health

Is it on solid ground?

Program efficiency
82%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+40%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$465K
FY2023
Total assets by fiscal year
FY2023$465K
FY2024$882K
FY2025$566K
Total liabilities
$12K
FY2023
Total liabilities by fiscal year
FY2023$12K
FY2024$7K
FY2025$46
Revenue less expensesPt I · Ln 19$454K
Total assetsPt X · Ln 16$465K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$451K
Total assetsLn 16$465K
Total liabilitiesLn 26$12K
Total net assetsLn 32$454K
Months of cash on handcomputed7.9

Statement of Revenue

Part VIII
Contributions & grants$700K · 61%
Program service revenue$439K · 39%
Contributions & grants61%$700K
Program service revenue39%$439K
Total revenueLn 12$1.1M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $451K · Operating expenses/yr $685K
7.9 months
Where the money goes
Program services
Program services $565K · Total expenses $685K
82%
Management & General
Management & general $121K · Total expenses $685K
18%
Fundraising
Fundraising $0 · Total expenses $685K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $700K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $700K · Total revenue $1.1M
61%
Government reliance
Government grants — · Total revenue $1.1M
—
Earned-income share
Program service revenue $439K · Total revenue $1.1M
39%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $439K · Total expenses $685K
64%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $454K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $685K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $465K
—
Net-asset ratio
Net assets $454K · Total assets $465K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $465K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robin Miller · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $68K · Total expenses $685K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $506K · Total expenses $685K
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 18%——
Fundraising cost ratio 0%——
Accounting fee ratio 2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$68,409Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Robin Miller’s $89K as Executive Di is at the 77th percentile of top reported officer pay among 1613 $100K–1M education 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

NameFY2025FY2024FY2023
Robin Miller$89,092$92,593$68,409

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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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 2Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Trains and certifies individuals worldwide to become successful Montessori educators.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $565K of program spending, described in the organization's own filed words · FY2023.
01

The math institutethe math institute will help teachers to see mathematics as a liberating tool that creates opportunities for students from all backgrounds to develop key life skills, including the ability to analyze quantitative information accurately and critically.

$267Kprogram expense
02

Train montessori train montessori creates and offers teacher training programs that emphasize the montessori method of education, in which children are encouraged to follow their natural interests and undertake hands-on learning in order to develop subject proficiency and real-world skills.

$246Kprogram expense
03

Montessori adolescent practitioner symposium (maps)maps is a digital conference that bring educators and students together. Our maps team provides a space where researchers and educators can collaborate, inspire each other, and share their research.

$51Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Wend II INCFY2024$650K
Total grants receivedfrom 1 funder$650K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $251K$538K-76% 990 PDF
FY2024 $1.1M$635K-7% 990 PDF
FY2023 Viewing $1.1M$685K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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