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Nonprofit · EIN 52-1647841

PRINCETON PROJECT 55 INC

Tax-exempt · PRINCETON, NJ 08540

Financials

$538K$773K2022$809K$883K2023$546K$886K2024
Revenue Expenses · by fiscal year end
Financials of PRINCETON PROJECT 55 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$546,360$885,624-$339,264$3,937,424$76,541$3,860,883
June 30, 2024990$808,817$883,118-$74,301$4,047,621$59,003$3,988,618
June 30, 2023990$537,740$772,504-$234,764$3,918,644$46,210$3,872,434
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$363,674
Program service revenue
$33,337
Investment income
$104,711
Net rental income
$44,638
Net gain from sales of assets
$36,129
Other revenue
$44,638

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$110,113
Other salaries and wages
$348,973
Salaries, compensation and benefits (total)
$554,925
Professional fundraising fees
$0
Accounting fees
$33,510
Occupancy
$17,690
Travel
$10,318
Depreciation
$36,207
Program services (functional)
$679,750
Management and general (functional)
$98,942
Fundraising (functional)
$106,932

Balance sheet and other

Total assets, start of year
$4,047,621
Total assets, end of year
$3,937,424
Total liabilities, end of year
$76,541
Net assets, end of year
$3,860,883
Land, buildings and equipment
$959,747
Publicly traded securities
$2,832,599
Net assets without donor restrictions
$1,570,814
Net assets with donor restrictions
$2,290,069
Gross receipts
$1,186,742
Employees
9
Volunteers
150
Year formed
1989
State of legal domicile
NJ

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIMME CARLOSEXECUTIVE DIRECTOR
Officer
40$110,113$16,691
BRANDON WHITEBOARD CHAIR
Trustee or director, Officer
4$0$0
RICARDO DELEONVICE CHAIR
Trustee or director, Officer
4$0$0
EDWARD MCNICHOLASSECRETARY
Trustee or director, Officer
4$0$0
SCOTT F TAYLORTREASURER
Trustee or director, Officer
4$0$0
ELIZABETH ANDERMANBOARD MEMBER
Trustee or director
1$0$0
CHARLES DAWSONBOARD MEMBER
Trustee or director
1$0$0
MARK GOLDSTEINBOARD MEMBER
Trustee or director
1$0$0
ALISON GRAYBOARD MEMBER
Trustee or director
1$0$0
FURMAN HAYNESBOARD MEMBER
Trustee or director
1$0$0
BILL JORDANBOARD MEMBER
Trustee or director
1$0$0
MARTY KRASNEYBOARD MEMBER
Trustee or director
1$0$0
ELLIOTT LEEBOARD MEMBER
Trustee or director
1$0$0
ARTHUR MCKEEBOARD MEMBER
Trustee or director
1$0$0
ELIZABETH PERRIELLO RICEBOARD MEMBER
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
HOWARD PIGGEE IIIBOARD MEMBER
Trustee or director
1$0
KATHLEEN REILLY STREICHERBOARD MEMBER
Trustee or director
1$0
MADELEINE WOODLEBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
KIMME CARLOSEXECUTIVE DIRECTOR
Officer
40$106,024$15,029
BRANDON WHITEBOARD CHAIR
Trustee or director, Officer
4$0$0
RICARDO DELEONVICE CHAIR
Trustee or director, Officer
4$0$0
ELIZABETH PERRIELLO RICESECRETARY
Trustee or director, Officer
4$0$0
SCOTT F TAYLORTREASURER
Trustee or director, Officer
4$0$0
KAREN ALIBOARD MEMBER
Trustee or director
1$0$0
ELIZABETH ANDERMANBOARD MEMBER
Trustee or director
1$0$0
CHARLES DAWSONBOARD MEMBER
Trustee or director
1$0$0
TIM HARRBOARD MEMBER
Trustee or director
1$0$0
FURMAN HAYNESBOARD MEMBER
Trustee or director
1$0$0
BILL JORDANBOARD MEMBER
Trustee or director
1$0$0
MARTY KRASNEYBOARD MEMBER
Trustee or director
1$0$0
ELLIOTT LEEBOARD MEMBER
Trustee or director
1$0$0
ARTHUR MCKEEBOARD MEMBER
Trustee or director
1$0$0
EDWARD MCNICHOLASBOARD MEMBER
Trustee or director
1$0$0
HOWARD PIGGEE IIIBOARD MEMBER
Trustee or director
1$0$0
KATHLEEN REILLY STREICHERBOARD MEMBER
Trustee or director
1$0$0
DEBBIE WEYLBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 27 people
NameTitleHours / weekCompensation
CARYN TOMLJANOVICHFORMER EXECUTIVE DIRECTOR (THRU 12/31/22)
Officer
40$89,236
KIMME CARLOSCURRENT EXECUTIVE DIRECTOR (1/1/23 - 6/30/23)
Officer
40$70,137
BRANDON WHITEBOARD CHAIR
Trustee or director, Officer
4$0
RICARDO DELEONPRESIDENT
Trustee or director, Officer
4$0
ELIZABETH PERRIELLO RICEVICE PRESIDENT
Trustee or director, Officer
4$0
SCOTT F TAYLORCO-TREASURER
Trustee or director, Officer
4$0
CHARLES F MAPES JRCO-TREASURER
Trustee or director, Officer
4$0
KAREN ALIBOARD MEMBER
Trustee or director
1$0
ELIZABETH ANDERMANBOARD MEMBER
Trustee or director
1$0
CHARLES DAWSONBOARD MEMBER
Trustee or director
1$0
CLAIRE FOWLERBOARD MEMBER
Trustee or director
1$0
LISA SWENDENBORG GETSONBOARD MEMBER
Trustee or director
1$0
TIM HARRBOARD MEMBER
Trustee or director
1$0
FURMAN HAYNESBOARD MEMBER
Trustee or director
1$0
BILL JORDANBOARD MEMBER
Trustee or director
1$0
KEF KASDINBOARD MEMBER
Trustee or director
1$0
MARTY KRASNEYBOARD MEMBER
Trustee or director
1$0
ELLIOTT LEEBOARD MEMBER
Trustee or director
1$0
ARTHUR MCKEEBOARD MEMBER
Trustee or director
1$0
EDWARD MCNICHOLASBOARD MEMBER
Trustee or director
1$0
CARMEN PLAZA DE JENNINGSBOARD MEMBER
Trustee or director
1$0
HOWARD PIGGEE IIIBOARD MEMBER
Trustee or director
1$0
PAIGE PONDERBOARD MEMBER
Trustee or director
1$0
AMBASSADOR R ANTHONY QUAINTONBOARD MEMBER
Trustee or director
1$0
KRISTEN SMITHBOARD MEMBER
Trustee or director
1$0
KATHLEEN REILLY STREICHERBOARD MEMBER
Trustee or director
1$0
DEBBIE WEYLBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
12 STOCKTON ST, PRINCETON, NJ 08540-6813
Principal officer (990 for 2024)
SCOTT FTAYLOR, 12 STOCKTON STREET, PRINCETON, NJ 08540
Signed the 990
SCOTT F TAYLOR, TREASURER
Phone
(609) 921-8808
Return prepared by
ROBERTA SMITH CPA LLC

Mission

PRINCETON ALUMNICORPS RUNS TWO CORE PROGRAMS. THE PROJECT 55 FELLOWSHIP PLACES RECENTLY GRADUATED PRINCETON SENIORS IN ONE YEAR NONPROFIT FELLOWSHIPS. EMERGING LEADERS PROVIDES LEADERSHIP DEVELOPMENT TRAINING TO MID-CAREER NONPROFIT PROFESSIONALS.

990 for the year ended June 30, 2025

Program accomplishments

  • PRINCETON PROJECT 55 (PP55)FELLOWSHIPS (FORMERLY PUBLIC INTEREST PROGRAM AND PUBLIC HEALTH FELLOWSHIPS) THE MISSION OF ALUMNICORPS PROJECT 55 FELLOWSHIP PROGRAM IS TO PROVIDE OPPORTUNITIES FOR RECENT PRINCETON GRADUATES TO DEVELOP A LIFELONG COMMITMENT TO CIVIC ENGAGEMENT, LEADERSHIP DEVELOPMENT AND LEARNING.SINCE OUR INCEPTION, WE HAVE PLACED MORE THAN 2300 ALUMNI IN THE PROGRAM WITH MORE THAN 500 NONPROFIT ORGANIZATIONS. THIS PAST YEAR, 24 FELLOWS IN BOSTON, CHICAGO, PHILADELPHIA, NEW YORK AND WASHINGTON DC COMPLETED THEIR FELLOWSHIP YEAR. THEY WERE SUPPORTED THROUGHOUT THE YEAR BY LOCAL ALUMNI VOLUNTEERS AND EDUCATIONAL SEMINARS. ALUMNI AND NONPROFIT PROGRAM PARTNERS WERE SURVEYED AND 100% THEM WOULD RECOMMEND THE THE PROGRAM.
    Expenses $229,549 · revenue $4,400
  • EMERGING LEADERS-EMERGING LEADERS PROFESSIONAL DEVELOPMENT PROGRAM THAT IS DESIGNED TO HELP ASPIRING AND EMERGING NONPROFIT LEADERS DEVELOP LEADERSHIP CAPABILITIES, MANAGEMENT SKILLS AND CONFIDENCE TO ADVANCE THEIR PROFESSIONAL CONTRIBUTIONS AND ACCELERATE THEIR CAREERS IN THE NONPROFIT SECTOR.THE PROGRAM IS INTENDED TO YIELD TANGIBLE,NEAR TERM VALUE TO PARTICIPANTS (AND THEIR EMPLOYERS) AND SUPPORT THEIR LONGER-TERM LEADERSHIP DEVELOPMENT. IT EMPLOYS EXPERIENTIAL LEARNING AND OUTSIDE EXPERTS AND SPEAKERS TO BUILD MANAGEMENT SKILLS, LEADERSHIP COMPETENCIES, AND SECTOR- SPECIFIC KNOWLEDGE. THE FOLLOWING LEARNING TRACKS ARE WOVEN TOGETHER: HARD NONPROFIT SKILLS & MANAGEMENT TRAINING, INDIVIDUALIZED LEADERSHIP IN ACTION STRETCH PROJECTS,LEADERSHIP COMPETENCIES-E.G.SELF AWARENESS, TEAM DYNAMICS, MENTORING-PERIODIC CONVERSATIONS WITH A NONPROFIT LEADER, SECTOR TRENDS-EXPERT SPEAKERS AND PANELS, FACILITATED PEER SUPPORT. PARTICIPANTS IN OUR PROGRAM MET THE FOLLOWING CRITERIA:HAVE 3 TO 10 YEARS OF FULL TIME WORK EXPERIENCE, WITH AT LEAST TWO YEARS OF EXPERIENCE IN THE NONPROFIT OR PUBLIC SECTOR, BE CURRENTLY EMPLOYED IN THE NONPROFIT OR PUBLIC SECTOR, CURRENTLY HAVE SOME LEVEL OF PROJECT MANAGEMENT RESPONSIBILITIES (OVER STAFF,INTERNS, VENDORS, AND/OR VOLUNTEERS), AND WORK IN THE GREATER WASHINGTON DC REGION, NEW YORK CITY REGION, OR NATIONALLY. THIS YEAR, 13 COHORTS PARTICIPATED IN NEW YORK CITY.
    Expenses $299,900 · revenue $28,938
  • 35th ANNIVERSARY PROGRAM-HONORED THE 35 YEARS OF SUCCESS AND ESTABLISHED THE CENTER FOR CIVIC LEADERSHIP.THIS PHYSICAL SPACE ENABLES THE ORGANIZATION TO PROVIDE DIGITAL AND ONSITE TRAINING OPPORTUNITIES INCLUDING: ANNUAL CIVIC ENGAGEMENT SPEAKER SERIES, CIVIC LEADERSHIP SEMINARS AND WORKSHOPS, LUNCH & LEARN MENTORSHIP OPPORTUNITIES, ROUNDTABLE DISCUSSIONS AND PUBLIC FORUMS, AND PARTNERSHIP AN COLLABORATION OPPORTUNITIES. ALUMNICORPS WILL ALSO OFFER A ROBUST NEW PROJECT 55 AND EMERGING LEADERS TRAINING PROGRAM ON SITE IN THE BUILDING.
    Expenses $88,121
  • THE ORGANIZATION BEGAN TO IDENTIFY THEIR NEXT 5 YEAR STRATEGIC PLAN IN SEPTEMBER 2024.
    Expenses $62,180

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-1647841
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
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84Z)
Assets (IRS master file)
$3,937,424
Income (IRS master file)
$1,186,742

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$546,360$885,624$3,937,424XML
990June 2024$808,817$883,118$4,047,621IRS
990June 2023$537,740$772,504$3,918,644XML
990June 2022$1,852,883$770,287$4,066,240IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 52-1647841).

Questions about PRINCETON PROJECT 55 INC

What is the EIN of PRINCETON PROJECT 55 INC?
The employer identification number (EIN) of PRINCETON PROJECT 55 INC is 52-1647841.
Is PRINCETON PROJECT 55 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to PRINCETON PROJECT 55 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRINCETON PROJECT 55 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 PRINCETON PROJECT 55 INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRINCETON PROJECT 55 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PRINCETON PROJECT 55 INC?
The 990 for the year ended June 30, 2025 names SCOTT FTAYLOR.
Who are the officers and directors of PRINCETON PROJECT 55 INC?
The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $110,113 (KIMME CARLOS, EXECUTIVE DIRECTOR).
How much revenue does PRINCETON PROJECT 55 INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $546,360, expenses of $885,624 and total assets of $3,937,424 at year end.

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