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Nonprofit · EIN 27-5222528

RED SWEATER PROJECT

Tax-exempt · LAKE OSWEGO, OR 97034

Financials

$303K$273K2022$387K$382K2023$328K$284K2024
Revenue Expenses · by fiscal year end
Financials of RED SWEATER PROJECT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$328,099$284,052$44,047$222,249$39,100$183,149
December 31, 2023990$387,361$381,863$5,498$178,202$39,100$139,102
December 31, 2022990$303,157$273,007$30,150$133,604$0$133,604
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$220,023
Program service revenue
$108,076
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$57,600
Other salaries and wages
$90,853
Salaries, compensation and benefits (total)
$152,123
Professional fundraising fees
$0
Legal fees
$647
Depreciation
$4,608
Program services (functional)
$264,703
Management and general (functional)
$18,900
Fundraising (functional)
$449

Balance sheet and other

Total assets, start of year
$178,202
Total assets, end of year
$222,249
Total liabilities, end of year
$39,100
Net assets, end of year
$183,149
Land, buildings and equipment
$49,701
Net assets without donor restrictions
$183,149
Gross receipts
$328,099
Employees
2
Volunteers
55
Year formed
2011
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ashley HolmerExecutive Dir.
Officer
40$57,600
Ada BansikTrustee
Trustee or director
1$0
John NybergTrustee
Trustee or director
1$0
Marty MillerTrustee
Trustee or director
1$0
John NicholsonTrustee
Trustee or director
1$0
Stan KlewenoTrustee
Trustee or director
1$0
Paul RobartsTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Ashley HolmerExecutive Dir.
Officer
40$57,600
Ada BansikTrustee
Trustee or director
1$0
John NybergTrustee
Trustee or director
1$0
Alan HolmerTrustee
Trustee or director
1$0
John NicholsonTrustee
Trustee or director
1$0
Kim OsoniTrustee
Trustee or director
1$0
Paul RobartsTrustee
Trustee or director
1$0
990 for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
Ashley HolmerExecutive Dir.
Officer
40$54,939
Ada BansikTrustee
Trustee or director
1$0
John NybergTrustee
Trustee or director
1$0
Alan HolmerTrustee
Trustee or director
1$0
John NicholsonTrustee
Trustee or director
1$0
Kim OsoniTrustee
Trustee or director
1$0
Paul RobartsTrustee
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1000 FOREST MEADOWS WAY, LAKE OSWEGO, OR 97034-1563
In care of
% ASHLEY HOLMER
Principal officer (990 for 2024)
Ashley Holmer, 1000 SW Forest Meadows Way, Lake Oswego, OR 97034
Signed the 990
Ashley Holmer, Executive Director
Phone
(971) 335-1328
Return prepared by
VINCENT BOZANIC CPA AN ACCTY CORP

Mission

To increase access to secondary school education programs for the indigenous children of Tanzania, Africa.

990 for the year ended December 31, 2024

Program accomplishments

  • The Red Sweater Project has worked alongside community members in the launching of the village's first secondary school in Mungere Village, Tanzania. The Organization operates the school with approval from the local government leaderships. The school had 137 students in 2019. The Organization's focus on quality education has set us apart since the beginning. Our success is not defined by the number schools we build, but the effectiveness of our graduates as leaders in their communities. In 2013, Mungere students scored in the top quarter of schools in our region and second in the district. In 2018 the school graduated its second form IV Class. Every Mungere graduate passed their national exams, compared with only 30 nationally. The School is recognized by the Tanzania Ministry of Education for investing in a long term vision for students while achieving expeditious results for its students.
    Expenses $264,703 · revenue $108,076

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-5222528
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$222,249
Income (IRS master file)
$328,099

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$328,099$284,052$222,249XML
990-TDecember 2024–––IRS
990December 2023$387,361$381,863$178,202IRS
990December 2022$303,157$273,007$133,604XML
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-5222528).

Questions about RED SWEATER PROJECT

What is the EIN of RED SWEATER PROJECT?
The employer identification number (EIN) of RED SWEATER PROJECT is 27-5222528.
Is RED SWEATER PROJECT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to RED SWEATER PROJECT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RED SWEATER PROJECT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RED SWEATER PROJECT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RED SWEATER PROJECT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RED SWEATER PROJECT?
The 990 for the year ended December 31, 2024 names Ashley Holmer.
Who are the officers and directors of RED SWEATER PROJECT?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $57,600 (Ashley Holmer, Executive Dir.).
How much revenue does RED SWEATER PROJECT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $328,099, expenses of $284,052 and total assets of $222,249 at year end.

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