Public Charity

Project Ricochet Inc

Based in Lexington, KY, Project Ricochet Inc operates as a Public Charity. The organization reported $645K in revenue, $459K in expenses, $395K in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $53K.

EIN: 010949080 Lexington, KY Youth Development Programs NTEE: O50 Latest filing: 2024
Total Revenue$645K
Total Expenses$459K
Total Assets$395K
Grant Records2
Funding Total$53K
Filing Years2022–2024

Mission

Finding practical solutions that assist minority youth who are prone to anti-social behaviors while discovering positive and productive life-style alternatives

Where $100 goes at Project Ricochet Inc

How Project Ricochet Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$25
Establish and maintain an ongoing and effective coalition of parents, grandparents, youth service providers, civic and community leaders and faith-based leaders to incorporate a bottom-up approach to intervention…
25% of program spending
$24
To design and maintain a boots on the ground brigade of community development practitioners to have a continuous presence in communities, to engage, assist, and mentor youth engaged…
About 25% (cost not reported)
$24
To offer concrete ways in which affected youth can be redirected to access economic opportunity through youth-driven entrepreneurial projects and job placement through innovative apprenticeships and placement in…
About 25% (cost not reported)

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

President Abeni El-Amin
Director Lafe Taylor
Director Quinton Marks

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$27,835 1 grant
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $645K $459K $395K
2023 $685K $571K $132K
2022 $65K $70K $18K

Between 2022 and 2024, reported annual revenue grew from $65K to $645K (+887%), with total assets most recently reported at $395K.

Interactive year-over-year charts and full filing details available with membership.

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