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Nonprofiteer
← BAIL PROJECT INC

Form 990 for tax year 2023

Filed by BAIL PROJECT INC.

Totals

Total revenue
$10,226,096
Total expenses
$14,332,906
Contributions and grants received
$8,389,776
Grants paid
$705,638
Program service revenue
$0
Investment income
$1,746,487
Other revenue
$89,833
Total assets, end of year
$68,529,635
Total liabilities, end of year
$799,044
Net assets or fund balances, end of year
$67,730,591
Program services expenses (Part IX)
$10,359,791
Management and general expenses
$3,198,802
Fundraising expenses
$774,313
Program service expenses (Part III)
$10,359,791

Program services were 72.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $8,389,776

  • 1g · Noncash contributions included above

    $94,878

  • 3 · Investment income

    total $1,767,112 · excluded $1,767,112

  • 7a · Gross sales of assets other than inventory

    securities $59,028 · other assets $5,800

  • 7b · Less cost or other basis and sales expenses

    securities $58,724 · other assets $26,729

  • 7c · Gain or loss

    securities $304 · other assets -$20,929

  • 7d · Net gain or loss

    total -$20,625 · related or exempt -$20,929 · excluded $304

  • 11a · Other revenue: BAIL FUNDS PREVIOUSLY WRITTEN OFF

    total $79,531 · related or exempt $79,531

  • 11b · Other revenue: MISCELLANEOUS

    total $10,302 · related or exempt $10,302

  • 11e · Other revenue, total

    $89,833

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $705,638 · program services $705,638

  • 5 · Compensation of officers, directors and key employees

    total $562,241 · program services $423,899 · management and general $109,088 · fundraising $29,254

  • 7 · Other salaries and wages

    total $7,979,380 · program services $6,012,109 · management and general $1,551,598 · fundraising $415,673

  • 8 · Pension plan contributions

    total $216,949 · program services $163,568 · management and general $42,093 · fundraising $11,288

  • 9 · Other employee benefits

    total $825,309 · program services $622,239 · management and general $160,128 · fundraising $42,942

  • 10 · Payroll taxes

    total $699,860 · program services $527,657 · management and general $136,491 · fundraising $35,712

  • 11b · Fees: legal

    total $168,206 · program services $63,612 · management and general $104,594

  • 11c · Fees: accounting

    total $188,853 · management and general $188,853

  • 11d · Fees: lobbying

    total $194,875 · program services $194,875

  • 11g · Fees: other

    total $652,124 · program services $294,795 · management and general $296,282 · fundraising $61,047

  • 12 · Advertising and promotion

    total $444,322 · program services $443,823 · management and general $499

  • 13 · Office expenses

    total $97,280 · program services $24,578 · management and general $34,336 · fundraising $38,366

  • 14 · Information technology

    total $224,666 · program services $136,933 · management and general $62,224 · fundraising $25,509

  • 16 · Occupancy

    total $147,516 · program services $54,614 · management and general $92,870 · fundraising $32

  • 17 · Travel

    total $347,128 · program services $235,195 · management and general $104,423 · fundraising $7,510

  • 19 · Conferences, conventions and meetings

    total $5,499 · program services $1,902 · management and general $3,597

  • 22 · Depreciation, depletion and amortization

    total $24,066 · program services $16,554 · management and general $7,396 · fundraising $116

  • 23 · Insurance

    total $146,394 · program services $18 · management and general $146,376

  • 24a · Other expenses: CLIENT TRANSPORTATION

    total $379,007 · program services $377,810 · management and general $1,197

  • 24b · Other expenses: ADMINISTRATIVE EXPENSES

    total $275,781 · program services $17,442 · management and general $151,475 · fundraising $106,864

  • 24c · Other expenses: OTHER BAIL EXPENSES

    total $42,530 · program services $42,530

  • 24e · All other expenses

    total $5,282 · management and general $5,282

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,610,213 · end of year $26,939,424

  • 2 · Savings and temporary cash investments

    beginning of year $16,133,837 · end of year $5,232,863

  • 3 · Pledges and grants receivable

    beginning of year $3,500,459 · end of year $2,234,972

  • 4 · Accounts receivable

    beginning of year $21,047,788 · end of year $14,442,910

  • 7 · Other notes and loans receivable

    beginning of year $1,416,600 · end of year $1,030,075

  • 10a · Land, buildings and equipment: cost or other basis

    $105,777

  • 10b · Land, buildings and equipment: accumulated depreciation

    $102,323

  • 10c · Land, buildings and equipment, net

    beginning of year $51,749 · end of year $3,454

  • 11 · Investments: publicly traded securities

    beginning of year $23,338,871 · end of year $18,333,402

  • 15 · Other assets

    beginning of year $521,440 · end of year $312,535

  • 17 · Accounts payable and accrued expenses

    beginning of year $699,668 · end of year $799,044

  • 25 · Other liabilities

    beginning of year $88,797 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $47,275,598 · end of year $46,065,074

  • 28 · Net assets with donor restrictions

    beginning of year $24,556,894 · end of year $21,665,517

Mission and programs · 2023

Mission

THE BAIL PROJECT ("TBP") IS A NATIONAL NONPROFIT ORGANIZATION THAT PAYS BAIL FOR PEOPLE IN NEED, REUNITING FAMILIES AND RESTORING THE PRESUMPTION OF INNOCENCE. TBP POSTS BAIL ON BEHALF OF THEIR CLIENTS AND HELPS THEM RETURN TO COURT BY PROVIDING REMINDERS OF THEIR COURT APPEARANCES, HELPING SOLVE PROBLEMS THAT PREVENT APPEARANCES IN COURT, AND MAKING REFERRALS TO SERVICES ON A VOLUNTARY BASIS.

Activities or mission (Part I)

PAYS BAIL FOR PEOPLE IN NEED, REUNITING FAMILIES AND RESTORING THE PRESUMPTION OF INNOCENCE.

  • IN FISCAL YEAR 2024, THE BAIL PROJECT MARKED SEVEN YEARS OF OPERATIONS WITH MORE THAN 34,000 INDIVIDUALS HELPED NATIONWIDE AND OVER $91 MILLION IN FREE BAIL ASSISTANCE. THE BAIL PROJECT SUPPORTED THESE CLIENTS IN MORE THAN 138,000 COURT DATES FOR A 93% COURT APPEARANCE RATE, OFFERING FURTHER EVIDENCE THAT CASH BAIL IS NOT A NECESSARY INCENTIVE TO ENSURE PEOPLE RETURN TO COURT. THIS HIGH RETURN TO COURT RATE CONTINUES TO ENSURE THE SUSTAINABILITY OF THE BAIL PROJECT'S NATIONAL REVOLVING BAIL FUND WITH 90% OF BAIL PAYMENTS RETURNING AFTER CASES CLOSE AND ALLOWING THE ORGANIZATION TO HELP ADDITIONAL PEOPLE. SEE SCHEDULE O FOR CONTINUATIONFISCAL YEAR 2024 WAS FURTHER MARKED BY KEY GAINS IN OUR ADVOCACY AND NARRATIVE CHANGE EFFORTS: THE CULMINATION OF A YEARS' LONG CAMPAIGN IN ILLINOIS RESULTING IN THE ELIMINATION OF CASH BAIL; TULSA-BASED RESEARCH DEMONSTRATING THAT PRETRIAL SUPPORT IS MORE EFFECTIVE THAN CASH BAIL; THE PUBLICATION OF 55 PIECES OF PRINT JOURNALISM AND 12 OP-EDS AND LETTERS; AND THE LAUNCH OF A PUBLIC EDUCATION CAMPAIGN WITH THE AD COUNCIL FEATURING VIDEOS WITH MICHAEL ERIC DYSON, CARMELO ANTHONY, AND LEYNA BLOOM.

    Expenses $10,359,791 · Grants $705,638

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robin Steinberg

    BOARD MEMBER/ADVISOR

    Total calculated
    $217,660
    From this org
    $211,540
    From related orgs
    $0
    Other
    $6,120
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $211,540
    Bonus
    $0
    Other
    $0
    Deferred
    $5,615
    Nontaxable benefits
    $505
    Filer's total
    $217,660

  • Michael E Novogratz

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Luckett

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Lili Lynton

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Zachary Herz-Roiphe

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Reginald Betts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brandon Buskey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Donna Byrd To 112023

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Gersh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Vincent Southerland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Franklin Cruz

    CFO & ASSISTANT SECRETARY

    Total calculated
    $220,148
    From this org
    $199,185
    From related orgs
    $0
    Other
    $20,963
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,185
    Bonus
    $0
    Other
    $0
    Deferred
    $6,070
    Nontaxable benefits
    $14,893
    Filer's total
    $220,148

  • David Gaspar

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $222,581
    From this org
    $198,972
    From related orgs
    $0
    Other
    $23,609
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,972
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,609
    Filer's total
    $222,581

  • Bradley Dudding

    CHIEF IMPACT OFFICER

    Total calculated
    $266,276
    From this org
    $220,591
    From related orgs
    $0
    Other
    $45,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,091
    Bonus
    $7,500
    Other
    $0
    Deferred
    $9,300
    Nontaxable benefits
    $36,385
    Filer's total
    $266,276

  • Camilo Ramirez

    DIRECTOR OF COMMUNICATIONS

    Total calculated
    $230,572
    From this org
    $188,504
    From related orgs
    $0
    Other
    $42,068
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,504
    Bonus
    $0
    Other
    $0
    Deferred
    $8,000
    Nontaxable benefits
    $34,068
    Filer's total
    $230,572

  • Kaitlin Koga

    CHIEF OPERATING OFFICER

    Total calculated
    $228,473
    From this org
    $213,429
    From related orgs
    $0
    Other
    $15,044
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,429
    Bonus
    $0
    Other
    $0
    Deferred
    $7,323
    Nontaxable benefits
    $7,721
    Filer's total
    $228,473

  • Tara Watford

    CHIEF DATA OFFICER

    Total calculated
    $207,986
    From this org
    $188,591
    From related orgs
    $0
    Other
    $19,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,591
    Bonus
    $0
    Other
    $0
    Deferred
    $7,624
    Nontaxable benefits
    $11,771
    Filer's total
    $207,986

  • Katherine Poor

    GENERAL COUNSEL

    Total calculated
    $211,816
    From this org
    $203,600
    From related orgs
    $0
    Other
    $8,216
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,600
    Bonus
    $0
    Other
    $0
    Deferred
    $7,569
    Nontaxable benefits
    $647
    Filer's total
    $211,816

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
CERTAIN STAFF AT TBP RECEIVED DISCRETIONARY BONUSES WHICH WERE APPROVED BY THE CHIEF EXCECUTIVE OFFICER.
FORM 990, SCHEDULE J, PART II, LINE 6
ROBIN STEINBERG IS BEING COMPENSATED IN HER CAPACITY AS AN ADVISOR TO THE ORGANIZATION AND NOT AS A BOARD MEMBER.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
27 February 2025
IRS schema version
2023v6.0
Source object
202510589349301416

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