2024-05-15T15:38:48-04:00 2023-12-31 990EZ 2023-01-01 474511944 Backpack Project Inc % MARIGNY RISEY BACK 6789393638 2363 KINGSGATE CT Dunwoody GA 303385931 Marigny Frances Risey Chief Financial Officer 2024-05-15 Marigny Frances Risey XXX-XX-XXXX 2023 2023-04-26 12:10:37Z 6430 X X X Non-profit 120475 X 94275 0 0 0 0 0 0 0 26200 5316 20884 0 115159 551 0 0 7521 744 70908 79724 35435 73037 -48571 59901 X 23822 44779 0 0 49215 15122 73037 59901 73037 59901 The primary exempt purpose of The Backpack Project Inc is to ease the burden of homelessness. The Backpack Project Inc packs and delivers essential supplies to the homeless in the Southeast. In 2023 we distributed supplies worth 60645. 0 60645 The Backpack Project Inc sponsors and faciliates meal and additional Backpack distributions in our other subsidiary chapters. 0 9259 69904 Ashley LaPrade Chief Executive Officer 15 0 0 0 Marigny Risey Chief Financial Officer 15 0 0 0 Margaret Fish Chief Financial Officer 15 0 0 0 Kinley Parker Director of Chapters 15 0 0 0 Molly Sims Chief of Staff 15 0 0 0 false false false false false 0 false false false false CO GA NC SC Marigny Risey 150 Hickory St 3412 Athens GA 30601 6789393638 false false false false false false false false false false false NONE NONE true X 50290 72883 152449 101208 123075 499905 0 0 0 400 0 400 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50290 72883 152449 101608 123075 500305 35960 25083 83961 47575 1600 194179 0 0 0 0 55000 55000 35960 25083 83961 47575 56600 249179 251126 49 60 31 8 0 148 0 0 0 0 0 0 49 60 31 8 0 148 0 0 0 0 0 0 0 0 0 0 0 0 50339 72943 152480 101616 123075 500453 0.5018 0.5033 0.0003 0.00 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED HHD 2023 26200 5316 20884 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26200 5316 20884 0 0 0 0 0 0 0 20884 Part I, line 16 | Other Expenses:, Amount:| Distribution of inventory to partner shelters., $60465| Funding programs at subsidiary chapters., $9259| Corporate registration and filing fees related to 2022., $160| Employee gas reimbursement for travel to packing events and transportation of goods., $539| Miscellaneous Business Expenditures, $485| Part I, line 20 | Explanation:, Amount:| The existence of this significant write-down of net assets is attributable to the change in estimate of the carrying value of our inventory. This change in value is attributable dating back to FY2020 in which the reconciliation of inventory at year end did not occur in the amount required to bring Net Assets to fair value. Over the course of our activity since our organization's inception the fair market value of individual inventory items has also changed. While this category of error was also addressed as a write-down in our 2019 and 2022 informational filings current management estimated the 2023 ending balance was still overstated by 48571., $-48571| Part II, line 24 | Explanation:, BOYAmount:, EOYAmount:| Other asset balance is comprised of inventory that will be distributed in accordance with our mission to ease the burden of homelessness., $49215, $15122|