Nonprofit · EIN 87-0885324
PROJECT LAUNCH
Tax-exempt · DEER ISLE, ME 04627
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $127,765 | $78,338 | $49,427 | $186,674 | $15,910 | $170,764 |
| December 31, 2023 | 990-EZ | $93,977 | $69,346 | $24,631 | $191,323 | $69,986 | $121,337 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $127,765
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $52,858
- Salaries, compensation and benefits (total)
- $57,558
- Professional fees and payments to contractors
- $3,294
- Printing, publications and postage
- $1,707
- Other expenses
- $15,779
- Program services (functional)
- $62,671
Balance sheet and other
- Total assets, start of year
- $191,323
- Total assets, end of year
- $186,674
- Total liabilities, end of year
- $15,910
- Net assets, end of year
- $170,764
- Cash, savings and investments
- $176,674
- Gross receipts
- $127,765
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly Hutchinson | Executive Director | 30 | $52,858 |
| Lynn Kneedler | Chairperson | 5 | $0 |
| Wendy Alpaugh | Secretary | 1 | $0 |
| Susan Siebert | Treasurer | 1 | $0 |
| Chelsea Brown | Vice Chairperson | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly Hutchinson | Executive Director | 30 | $51,058 |
| Lynn Kneedler | Chairman | 5 | $0 |
| Wendy Alpaugh | Vice Chairman | 1 | $0 |
| Patty Elliot | Secretary | 1 | $0 |
| Susan Siebert | Treasurer | 1 | $0 |
| Chelsea Brown | Director | 1 | $0 |
| Haley Hardy | Director | 1 | $0 |
| Abby Stinson | Director | 1 | $0 |
| Michael Steinharter | Director | 1 | $0 |
| Asia Eaton | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 193 SUNSET RD, DEER ISLE, ME 04627-2801
- Signed the 990-EZ
- Kimberly Hutchinson, Director
- Phone
- (207) 348-2847
- Return prepared by
- HUE INC
Mission
Provide advice, career counseling and other support to local students and families to help students make a successful transition from high school to post-secondary degree completion and other learning opportunities.
Program accomplishments
- Coordinated an apprenticeship program for high school students with Deer Isle-Stonington High School (DSHS). Students are placed with local employers in fields such as health care, childcare, construction, veterinary, computer programming, fisheries, and the arts.Expenses $7,834
- Coordinated a mentorship program matching DSHS students with alumni who share their college and career experiences. Supported students with their transition from high school to college, career or other opportunities.Expenses $19,585
- Provided skill-building activities and resources for DSHS students in preparation for college, employment or life exploration. Assisted students with resume writing, interview practice, financial literacy and financial aid at career fairs, workshops, social events and college of worksite visits.Expenses $35,252
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-0885324
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $186,674
- Income (IRS master file)
- $127,765
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $127,765 | $78,338 | $186,674 | XML |
| 990-EZ | December 2023 | $93,977 | $69,346 | $191,323 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 87-0885324).
Questions about PROJECT LAUNCH
- What is the EIN of PROJECT LAUNCH?
- The employer identification number (EIN) of PROJECT LAUNCH is 87-0885324.
- Is PROJECT LAUNCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PROJECT LAUNCH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECT LAUNCH 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 PROJECT LAUNCH 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 PROJECT LAUNCH last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of PROJECT LAUNCH?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $52,858 (Kimberly Hutchinson, Executive Director).
- How much revenue does PROJECT LAUNCH have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $127,765, expenses of $78,338 and total assets of $186,674 at year end.
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- ISLAND COUNTRY CLUB EIN 01-0096117 · last filed 990 for 2024
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