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Nonprofiteer
← PROJECT PLASE INC

Form 990 for tax year 2023

Filed by PROJECT PLASE INC.

What the amendment changed

Compared with the return it replaced , filed 28 April 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$8,902,484 changed to $8,590,095
Total expenses
$8,898,085 changed to $8,989,268
Program service revenue
$2,119,236 changed to $1,806,545
Other revenue
$40,606 changed to $40,908
Total liabilities, end of year
$2,866,291 changed to $3,678,982
Net assets or fund balances, end of year
$5,054,435 changed to $4,241,744
Management and general expenses
$857,817 changed to $949,000

Totals

Total revenue
$8,590,095
Total expenses
$8,989,268
Contributions and grants received
$6,742,642
Grants paid
$0
Program service revenue
$1,806,545
Investment income
$0
Other revenue
$40,908
Total assets, end of year
$7,920,726
Total liabilities, end of year
$3,678,982
Net assets or fund balances, end of year
$4,241,744
Program services expenses (Part IX)
$8,033,794
Management and general expenses
$949,000
Fundraising expenses
$6,474
Program service expenses (Part III)
$8,033,794

Program services were 89.4% 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.

  • 1e · Government grants (contributions)

    $6,742,642

  • 2a · Program service revenue: PROGRAM INCOME

    total $1,499,678 · related or exempt $1,499,678

  • 2b · Program service revenue: CONTRIBUTIONS

    total $275,123 · related or exempt $275,123

  • 2c · Program service revenue: RENTAL INCOME

    total $31,744 · related or exempt $31,744

  • 11a · Other revenue: LOAN FORGIVENESS

    total $40,606 · related or exempt $40,606

  • 11b · Other revenue: OTHER INCOME

    total $302 · related or exempt $302

  • 11e · Other revenue, total

    $40,908

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $40,000 · program services $32,000 · management and general $8,000

  • 7 · Other salaries and wages

    total $3,719,722 · program services $3,033,999 · management and general $685,723

  • 11g · Fees: other

    total $469,750 · program services $413,934 · management and general $55,816

  • 13 · Office expenses

    total $49,781 · program services $24,825 · management and general $24,890 · fundraising $66

  • 16 · Occupancy

    total $3,702,010 · program services $3,676,728 · management and general $25,282

  • 17 · Travel

    total $64,700 · program services $41,564 · management and general $23,136

  • 22 · Depreciation, depletion and amortization

    total $132,404 · program services $132,404

  • 23 · Insurance

    total $137,516 · program services $137,516

  • 24a · Other expenses: UTILITIES

    total $280,856 · program services $253,783 · management and general $27,073

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $159,572 · program services $133,588 · management and general $25,984

  • 24c · Other expenses: PROGRAM EXPENSES

    total $19,218 · program services $16,902 · fundraising $2,316

  • 24d · Other expenses: TRAINING DUES AND LICENCES

    total $79,934 · program services $45,595 · management and general $34,339

  • 24e · All other expenses

    total $133,805 · program services $90,956 · management and general $38,757 · fundraising $4,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $872,791 · end of year $2,274,125

  • 3 · Pledges and grants receivable

    beginning of year $1,650,141 · end of year $1,315,882

  • 9 · Prepaid expenses and deferred charges

    beginning of year $73,260 · end of year $211,960

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

    $4,498,087

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

    $2,406,278

  • 10c · Land, buildings and equipment, net

    beginning of year $2,196,311 · end of year $2,091,809

  • 15 · Other assets

    beginning of year $1,986,344 · end of year $2,026,950

  • 17 · Accounts payable and accrued expenses

    beginning of year $677,098 · end of year $890,099

  • 23 · Secured mortgages and notes payable

    beginning of year $757,545 · end of year $748,769

  • 24 · Unsecured notes and loans payable

    beginning of year $3,126 · end of year $12,176

  • 25 · Other liabilities

    beginning of year $700,161 · end of year $2,027,938

  • 27 · Net assets without donor restrictions

    beginning of year $2,053,726 · end of year $490,050

  • 28 · Net assets with donor restrictions

    beginning of year $2,587,191 · end of year $3,751,694

Mission and programs · 2023

Mission

Project PLASE,Inc. addresses homelessness by providing temporary housing, permanent housing and supportive services to homeless adults and families. We serve the most vulnerable and underserved,including persons with mental illness,HIV/AIDS,addiction& developmental disabilities.

  • CONTINUUM OF CARE RENTAL ASSISTANCE- WE RECEIVE GOVERNMENT FUNDING WHICH WE UTILIZE TO PAY RENT ON BEHALF OF OUR CLIENTS FOR APARTMENTS AND HOMES AS PART OF OUR PERMANENT HOUSING PROGRAM TO APPROXIMATELY 100 CLIENTS.

    Expenses $2,790,881 · Revenue $2,790,881

  • SUPPORTIVE SERVICES FOR VETERANS FAMILIES- THE PRIMARY AIM OF THE SSVF PROGRAM IS TO HELP VETERAN FAMILIES WHO ARE HOMELESS, OR AT-RISK OF HOMELESSNESS, QUICKLY REGAIN STABILITY IN PERMANENT HOUSING AFTER EXPERIENCING A HOUSING CRISIS AND/OR HOMELESSNESS. FOR VETERANS AT RISK OF LOSING HOUSING, SSVF GRANT FUNDS PROVIDE SUPPORTIVE SERVICESS TO VERY LOW-INCOME VETERAN FAMILIES THAT FALL WITHIN ONE OF THE THREE CATEGORIES OF OCCUPYING PERMANENT HOUSING, INCLUDING HOMELESS PREVENTION FINANCIAL HELP AND SUPPORT SERVICES. THE STAFF OF SSVF GRANT PROVIDES THE FOLLOWING SUPPORTIVE SERVICES: RAPID REHOUSING, RENTAL ASSISTANCE, OUTREACH SERVICES, CASE MANAGMENT SERVICES, ASSISTANCE IN OBTAINING VA BENEFITS, EMPLOYMENT ASSISTANCE, LEGAL SERVICES, HEALTH, CHILD CARE, EMERGENCY SUPPLIES, AND CAR REPAIR, FOR VETERANS THAT ARE ELIGIBLE.

    Expenses $2,409,504 · Revenue $2,409,504

  • OTHER PROGRAMS

    Expenses $2,157,017 · Revenue $2,985,101

  • AMERICAN RESCUE PLAN ACT (ARPA) ARE USED TO SUPPORT A DIVERSE RANGE OF COMMUNITY EFFORTS. THESE FUNDS WERE PROVIDED TO ASSIST NON-PROFIT ORGANIZATIONS REVENUE REDUCTIONS OR OPERATING EXPENSE INCREASES DUE TO THE PANDEMIC.

    Expenses $676,392 · Revenue $676,392

As filed on the 2023 return.

Listed in Part VII

  • Mary Slicher

    EXECUTIVE DIRECTOR

    Total calculated
    $40,000
    From this org
    $40,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Rebecca Davis

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Cindi Bassford

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Steve Martin

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Sarah Wise

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Wynette Sims

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Adam Schneider

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Franklin Lee

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ronald Wimberly-El

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Arthur Serverance

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • Lawerence Richardson

    TREASURER

    Total calculated
    $0
    Hours/week
    6

  • Thomas McCarthy

    SECRETARY

    Total calculated
    $0
    Hours/week
    6

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2026
IRS schema version
2023v6.0
Source object
202611349349308686

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