Public Charity

PROJECT DESTINED INC

PROJECT DESTINED INC, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.4M in revenue, $1.6M in expenses, $114K in total assets. 36 publicly reported grants to this organization, totaling roughly $1.7M, appear in IRS filings.

EIN: 813858986 WASHINGTON, DC Student Services NTEE: B80 Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.6M
Total Assets$114K
Grant Records36
Funding Total$1.7M
Filing Years2018–2024

Mission

TRAIN SCHOLARS IN LEADERSHIP AND ENTREPRENEURSHIP THROUGH EVALUATION OF "LIVE" REAL ESTATE INVESTMENTS IN THEIR LOCAL COMMUNITY. CREATE AND CULTIVATE NETWORKING OPPORTUNITIES WHERE SCHOLARS ENGAGE DIRECTLY WITH LOCAL COMPANIES AND EXECUTIVES. TURN PARTICIPANTS INTO STAKEHOLDERS IN REAL ESTATE, WHEREBY THEY RECEIVE FINANCIAL SCHOLARSHIPS AND/OR AWARDS.

Where $100 goes at Project Destined Inc

How Project Destined Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$99 Programs the work itself
$1 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 $99 for programs

$99
Administration of a real estate based applied education program designed to promote financial literacy, leadership development and access to mentorship opportunities yielding increased competitiveness of urban youth
All program spending
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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

DIRECTOR Angela Johnson
FOUNDER/CEO Cedric Bobo
SECRETARY Rob Smith
DIRECTOR Tj Edwards

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,527,626 28 grants
Education
$95,000 3 grants
Housing & Homelessness
$30,833 1 grant
Human & Social Services
$10,000 1 grant
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $1.6M $114K
2023 $2.6M $2.6M $292K
2022 $3.3M $3.9M $235K
2019 $744K $735K $40K
2018 $360K $515K $67K

Between 2018 and 2024, reported annual revenue grew from $360K to $1.4M (+301%), with total assets most recently reported at $114K.

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

See the full picture for PROJECT DESTINED INC

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