Project Just Because Inc

EIN: 061728553 501(c)(3) Human Services

Hopkinton, MA

Total Revenue
$6,449,692
Total Expenses
$6,816,412
Total Assets
$3,364,308
Net Assets
$1,690,544
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
JOSEPH JONES
Phone
5084356511
Tax Period
2023-01-01 to 2023-12-31

Project Just Because Inc, founded in 2004, is a community nonprofit in the Human Services sector that reported $6.4M in total revenue in fiscal year 2023.

Mission

The Organization provides assistance to families in need by collecting and distributing clothing, bath items, baby supplies, gift certificates, school items, bedding, household items, staple goods, toys, food and various other items.

Program Service Accomplishments

Program 1
Expenses: $6,654,391

TO PROVIDE DAILY LIVING NECESSITIES TO FAMILIES AND CHILDREN IN NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,431,677
Program Service Revenue $0
Investment Income $451
Other Revenue $17,564
TOTAL REVENUE $6,449,692

Expense Breakdown

Grants Paid $6,190,541
Salaries & Benefits $293,220
Fundraising Expenses $44,659
Program Expenses $6,654,391
Other Expenses $332,651
TOTAL EXPENSES $6,816,412

Year-over-Year Comparison

2023 2022 Change
Revenue $6,449,692 $6,194,434 +0.0%
Expenses $6,816,412 $6,433,376 +0.1%
Net Income $-366,720 $-238,942 +0.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$73,524
Total Directors
10
$73,524
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYLANN LAMBERT WALSH PRESIDENT 40.00
Officer Director
$73,524 $0 $73,524
JOSEPH JONES TREASURER 20.00
Officer Director
$0 $0 $0
MARK G HELDER DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE STRICKLAND DIRECTOR 2.00
Director
$0 $0 $0
MARK FREEMAN DIRECTOR 2.00
Director
$0 $0 $0
CRAIG JOHNSTON DIRECTOR 2.00
Director
$0 $0 $0
COLLIN CLEMENT WALSH CLERK 2.00
Officer Director
$0 $0 $0
JULIA CHASE DIRECTOR 2.00
Director
$0 $0 $0
KIM DAO DIRECTOR 2.00
Director
$0 $0 $0
JESSICA BURTON DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,449,692 $6,816,412 $3,364,308 $-366,720
2022 $6,194,434 $6,433,376 $3,746,272 $-238,942
2021 $6,343,027 $5,910,267 $2,325,974 $432,760
2020 $5,703,221 $5,643,861 $1,893,346 $59,360
2019 $6,214,209 $6,152,184 $1,899,514 $62,025
2018 $6,372,363 $6,374,020 $1,798,593 $-1,657
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