Public Charity

PROJECT ADVENTURE INC

PROJECT ADVENTURE INC is a Public Charity headquartered in BEVERLY, MA. Financial data from the 2025 filing: $4.0M revenue, $4.1M expenses, $2.1M total assets. 17 publicly reported grants to this organization, totaling roughly $911K, appear in IRS filings.

EIN: 042749823 BEVERLY, MA Latest filing: 2025
Total Revenue$4.0M
Total Expenses$4.1M
Total Assets$2.1M
Grant Records17
Funding Total$911K
Filing Years2020–2025

Mission

DEVELOP AND DISSEMINATE MODEL ADVENTURE BASED PROGRAMS FOR BOTH THERAPEUTIC ORGANIZATIONS AND CORPORATE TRAINING PROGRAMS THROUGHOUT THE WORLD.

Where $100 goes at Project Adventure Inc

How Project Adventure Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$78 Programs the work itself
$20 Management running the organization
$2 Fundraising raising the next dollar

Inside the $78 for programs

$39
Consulting, instruction and workshops presenting the adventure programming and tools to implement programs in schools and other educational institutions
50% of program spending
$39
Program services-consulting, instruction and workshops presenting the adventure programing and tools to implement programs in schools and other education institutions
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Caitlin Mccormick Small
DIRECTOR Chris Dorman
DIRECTOR Christopher Weld Jr
DIRECTOR Courtney Schoon
DIRECTOR Diana Mathey
VICE CHAIRMAN Dick Morgan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$684,750 12 grants
Health & Medicine
$22,550 3 grants
Unspecified
$203,600 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $4.1M $2.1M
2024 $4.2M $4.1M $2.2M
2023 $3.7M $3.7M $2.3M
2022 $3.9M $3.4M $2.1M
2020 $1.9M $2.1M $2.4M

Between 2020 and 2025, reported annual revenue grew from $1.9M to $4.0M (+110%), with total assets most recently reported at $2.1M.

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

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