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Nonprofit · EIN 47-1281673

PRECIOUS PROJECT INC

Tax-exempt · DEDHAM, MA 02026

Financials

$570K$1M2023$1.4M$1.2M2024$2M$805K2025
Revenue Expenses · by fiscal year end
Financials of PRECIOUS PROJECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,001,774$804,861$1,196,913$2,190,365$9,078$2,181,287
December 31, 2024990$1,391,710$1,244,488$147,222$997,829$13,455$984,374
December 31, 2023990$569,776$1,024,944-$455,168$850,723$13,571$837,152
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,984,096
Program service revenue
$0
Investment income
$17,596
Other revenue
$82

Expenses

Grants and similar amounts paid
$488,510
Other salaries and wages
$219,052
Salaries, compensation and benefits (total)
$261,263
Professional fundraising fees
$0
Accounting fees
$16,964
Travel
$5,341
Program services (functional)
$547,291
Management and general (functional)
$83,645
Fundraising (functional)
$173,925

Balance sheet and other

Total assets, start of year
$997,829
Total assets, end of year
$2,190,365
Total liabilities, end of year
$9,078
Net assets, end of year
$2,181,287
Net assets without donor restrictions
$2,124,487
Net assets with donor restrictions
$56,800
Gross receipts
$2,001,774
Employees
3
Volunteers
1
Year formed
2014
State of legal domicile
MA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELLIOT KRONSTEINPRESIDENT
Trustee or director, Officer
10$0
CHARLES PHILLIPSCHAIR
Trustee or director, Officer
5$0
MATTHEW GARDNERTREASURER
Trustee or director, Officer
5$0
JAMES LOGANCLERK
Trustee or director, Officer
5$0
GILBERT WILLIAMSCO-FOUNDER/DIRECTOR
Trustee or director
5$0
SUZANNE RHEAULT-WILLIAMSCO-FOUNDER/DIRECTOR
Trustee or director
5$0
JULES CLARKDIRECTOR
Trustee or director
5$0
BARBARA HAZARDDIRECTOR
Trustee or director
5$0
JANE AIBELDIRECTOR
Trustee or director
5$0
MAY BALDWINDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
ELLIOT KRONSTEINPRESIDENT
Trustee or director, Officer
10$0
CHARLES PHILLIPSCHAIR
Trustee or director, Officer
5$0
MATTHEW GARDNERTREASURER
Trustee or director, Officer
5$0
JAMES LOGANCLERK
Trustee or director, Officer
5$0
GILBERT WILLIAMSCO-FOUNDER/DIRECTOR
Trustee or director
5$0
SUSANNE RHEAULT-WILLIAMSCO-FOUNDER/DIRECTOR
Trustee or director
5$0
JULES CLARKDIRECTOR
Trustee or director
5$0
BARBARA HAZARDDIRECTOR
Trustee or director
5$0
DAVID THIELDIRECTOR
Trustee or director
5$0
JANE AIBELDIRECTOR
Trustee or director
5$0
MAY BALDWINDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
GILBERT WILLIAMSCO-FOUNDER/DIRECTOR
Trustee or director
10$0
ELLIOT KRONSTEINPRESIDENT
Trustee or director, Officer
15$0
SUSANNE RHEAULT-WILLIAMSCO-FOUNDER/DIRECTOR
Trustee or director
5$0
MATTHEW GARDNERTREASURER
Trustee or director, Officer
5$0
CHARLES PHILLIPSCHAIR
Trustee or director, Officer
5$0
JULES CLARKDIRECTOR
Trustee or director
5$0
BARBARA HAZARDDIRECTOR
Trustee or director
5$0
JAMES LOGANCLERK
Trustee or director, Officer
5$0
DAVID THIELDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
231 BUSSEY ST, DEDHAM, MA 02026-2555
In care of
% GILBERT WILLIAMS
Principal officer (990 for 2025)
ELLIOT KRONSTEIN, 231 BUSSEY STREET, DEDHAM, MA 02026
Signed the 990
ELLIOT KRONSTEIN, PRESIDENT
Phone
(781) 259-0970
Return prepared by
SMITH SULLIVAN & BROWN PC

Mission

TO NURTURE, EDUCATE AND EMPOWER IMPOVERISHED YOUTH IN TANZANIA TO BE PRODUCTIVE MEMBERS AND THE FUTURE LEADERS OF THEIR COUNTRY.

990 for the year ended December 31, 2025

Program accomplishments

  • PRECIOUS PROJECT IS HELPING TO TRANSFORM A RURAL, IMPOVERISHED COMMUNITY IN TANZANIA BY ELIMINATING DISPARITIES IN EDUCATION, CARE OF CHILDREN AND ECONOMIC DEVELOPMENT. THE PROJECT'S FOUNDATION IS BASED ON FIVE PILLARS: PROVIDING CHILDREN ACCESS TO QUALITY EDUCATION; CARING FOR ORPHANS AND ABANDONED CHILDREN; EMPOWERING WOMEN WITH SKILLS TO CREATE MICRO-BUSINESSES; EDUCATING THE NEXT GENERATION TO PARTICIPATE IN THE DIGITAL ECONOMY; MODELING AND TEACHING AGRICULTURAL BEST PRACTICES. EACH PROJECT IS FOCUSED ON SERVING AS A RESOURCE FOR THE COMMUNITY AND MODEL FOR LONG-TERM SELF-SUSTAINABILITY.
    Expenses $547,291 · grants $488,510

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1281673
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,190,365
Income (IRS master file)
$2,001,774

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,001,774$804,861$2,190,365IRS
990December 2024$1,391,710$1,244,488$997,829IRS
990December 2023$569,776$1,024,944$850,723XML
990December 2022$1,115,904$862,683$1,303,082IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 47-1281673).

Questions about PRECIOUS PROJECT INC

What is the EIN of PRECIOUS PROJECT INC?
The employer identification number (EIN) of PRECIOUS PROJECT INC is 47-1281673.
Is PRECIOUS PROJECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PRECIOUS PROJECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRECIOUS PROJECT INC 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 PRECIOUS PROJECT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRECIOUS PROJECT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PRECIOUS PROJECT INC?
The 990 for the year ended December 31, 2025 names ELLIOT KRONSTEIN.
Who are the officers and directors of PRECIOUS PROJECT INC?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does PRECIOUS PROJECT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,001,774, expenses of $804,861 and total assets of $2,190,365 at year end.

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