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Nonprofiteer
← GERMINATION PROJECT

Form 990 for tax year 2022

Filed by GERMINATION PROJECT.

Totals

Total revenue
$156,379
Total expenses
$227,434
Contributions and grants received
$156,300
Grants paid
$25,000
Program service revenue
$0
Investment income
$79
Other revenue
$0
Total assets, end of year
$413,166
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$413,166
Program services expenses (Part IX)
$175,922
Management and general expenses
$51,512
Fundraising expenses
$0
Program service expenses (Part III)
$175,922

Program services were 77.4% 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

    $156,300

  • 3 · Investment income

    total $79 · excluded $79

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,000 · program services $25,000

  • 7 · Other salaries and wages

    total $181,984 · program services $136,488 · management and general $45,496

  • 10 · Payroll taxes

    total $15,566 · program services $11,674 · management and general $3,892

  • 11g · Fees: other

    total $1,136 · program services $1,136

  • 13 · Office expenses

    total $520 · management and general $520

  • 19 · Conferences, conventions and meetings

    total $1,624 · program services $1,624

  • 23 · Insurance

    total $1,604 · management and general $1,604

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $484,221 · end of year $413,166

  • 27 · Net assets without donor restrictions

    beginning of year $484,221 · end of year $413,166

Mission and programs · 2022

Mission

THE ORGANIZATION'S MISSION IS TO FACILITATE LEADERSHIP AMONG STUDENTS IN THE PHILADELPHIA AREA BY DEVELOPING MENTORING PROGRAMS WITH PROMINENT PHILADELPHIA LEADERS TO PROVIDE THEM OPPORTUNITIES TO FOSTER PROFESSIONAL GROWTH AND CIVIC CITIZENSHIP.

  • THE ORGANIZATION MADE GRANTS TO AN ORGANIZATION, PHILADELPHIA CITIZEN, WHICH IS IN ACCORDANCE WITH ITS MISSION STATEMENT OF EMPOWERING THE PHILADELPHIA REGION.

  • THE ORGANIZATION MADE GRANTS TOTALING 25,000 TO AN ORGANIZATION, PHILADELPHIA CITIZEN, WHICH WAS IN FURTHERANCE OF MISSION OF EMPOWERING AND FOSTERING GROWTH OF THE PHILADELPHIA REGION.

    Expenses $175,922 · Grants $25,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alex Braden

    TREASURER

    Total calculated
    $0
  • Dr Raj Rajan

    DIRECTOR

    Total calculated
    $0
  • Ajay Raju

    PRESIDENT

    Total calculated
    $0

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333189349306988

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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