Based in HOBBS, NM, PROJECT 40 31 INC operates as a Public Charity. The organization reported $745K in revenue, $768K in expenses, $41K in total assets for fiscal year 2024. Imperigo tracks 22 reported grants from this foundation totaling approximately $1.6M.
PROJECT 40:31, INC. RAISES FUNDS FROM AN ANNUAL GOLF TOURNAMENT AND CHARITY AUCTION. ALL NET PROCEEDS ARE DISTRIBUTED TO IRS APPROVED NON-PROFIT ENTITIES, SUCH AS MAKE A WISH, BOYS AND GIRLS CLUB, PALMER DRUG ABUSE, AND HABITAT FOR HUMANITY. THESE ENTITIES SERVE THE TERMINALLY ILL, UNDERSERVED CHILDREN, DRUG DEPENDENT, AND HOMELESS. BOARD MEMBERS, VOLUNTEERS, AND OTHERS RECEIVE NO COMPENSATION-REIMBURSEMENT.
How Project 40 31 Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Showing up to 5 of 22 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $745K | $768K | $41K |
| 2023 | $801K | $771K | $63K |
| 2021 | $184K | $172K | $39K |
Between 2021 and 2024, reported annual revenue grew from $184K to $745K (+304%), with total assets most recently reported at $41K.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in NM.
Full geographic grant map with state-by-state breakdown available with membership.
