THE PHILOS PROJECT INC

EIN: 471182714 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$7,460,923
Total Expenses
$8,397,729
Total Assets
$1,673,955
Net Assets
$1,154,921
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
DE
Principal Officer
LUCAS MOON
Phone
6468287393
Tax Period
2023-01-01 to 2023-12-31

THE PHILOS PROJECT INC, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.5M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $8.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE PHILOS PROJECT INC. (PHILOS) SEEKS TO PROMOTE POSITIVE CHRISTIAN ENGAGEMENT IN THE NEAR EAST.

Program Service Accomplishments

Program 1
Expenses: $6,055,786 Revenue: $444,963

PROMOTING CHRISTIAN ENGAGEMENT: THE MISSION OF THE PHILOS PROJECT IS TO PROMOTE POSITIVE CHRISTIAN ENGAGEMENT IN THE NEAR EAST. ALL OF PHILOS' PROGRAMS, INCLUDING THE PHILOS LEADERSHIP INSTITUTE...

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PROMOTING CHRISTIAN ENGAGEMENT: THE MISSION OF THE PHILOS PROJECT IS TO PROMOTE POSITIVE CHRISTIAN ENGAGEMENT IN THE NEAR EAST. ALL OF PHILOS' PROGRAMS, INCLUDING THE PHILOS LEADERSHIP INSTITUTE, PHILOS ACTION LEAGUE, AND PHILOS' LEADERSHIP TRIPS ARE DESIGNED TO BRING A CHRISTIAN VOICE TO THE NEAR EAST. PHILOS HAS ONGOING CAMPAIGNS HELPING PERSECUTED CHRISTIANS IN THE MIDDLE EAST, AS WELL AS ADVOCACY CAMPAIGNS TO COMBAT ANTISEMITISM IN THE US AND ABROAD. PHILOS PROVIDES EDUCATIONAL CONTENT TO ENCOURAGE CHRISTIANS TO REMAIN INFORMED AND ENGAGED IN THE NEAR EAST, AS WELL AS IN PERSON EVENTS AND CONFERENCES. ADDITIONALLY, PHILOS CONTINUES TO PROMOTE CHRISTIAN REALISM AS THE BULWARK OF AMERICAN FOREIGN POLICY.

Program 2
Expenses: $923,113

PHILOS LATINO: PHILOS IS COMMITTED TO SERVING AND EQUIPPING THE HISPANIC CHRISTIAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. PHILOS REGULARLY SURVEYS THE HISPANIC CHRISTIANS ON THEIR VIEW OF...

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PHILOS LATINO: PHILOS IS COMMITTED TO SERVING AND EQUIPPING THE HISPANIC CHRISTIAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. PHILOS REGULARLY SURVEYS THE HISPANIC CHRISTIANS ON THEIR VIEW OF ISRAEL AND CHRISTIAN PERSECUTION IN THE NEAR EAST. THESE SURVEYS PROVIDE PHILOS AND PARTNER ORGANIZATIONS WITH TOOLS TO BETTER ENGAGE THE COMMUNITY ON A GRASSROOTS LEVEL. PHILOS HOSTS EVENTS AND TRIPS FOR MEDIA PROFESSIONALS, ARTISTS, AND PASTORS TO FOSTER BETTER INTERACTION BETWEEN HISPANIC AND JEWISH COMMUNITIES. FINALLY, PHILOS LAUNCHED A RADIO SHOW AND A CHRONOLOGICAL STUDY BIBLE TO STRENGTHEN HISPANIC TIES WITH ISRAEL.

Program 3
Expenses: $130,727

PHILOS BLACK: THE PHILOS PROJECT IS COMMITTED TO SERVING AND EQUIPPING THE AFRICAN AMERICAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. PHILOS HOSTS EVENTS AND CONFERENCES FOR OUR NETWORK OF...

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PHILOS BLACK: THE PHILOS PROJECT IS COMMITTED TO SERVING AND EQUIPPING THE AFRICAN AMERICAN COMMUNITY AS IT SEEKS TO ENGAGE THE NEAR EAST. PHILOS HOSTS EVENTS AND CONFERENCES FOR OUR NETWORK OF AFRICAN AMERICAN CHRISTIAN LEADERS FOCUSED ON THE CONNECTION BETWEEN ISRAEL, AFRICA, AND BLACK AMERICA. FINALLY, PHILOS BLACK USES SOCIAL MEDIA TO HELP LEADERS BETTER UNDERSTAND THE RELATIONSHIP BETWEEN BLACK IDENTITY AND HEBRAIC THOUGHT.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,010,042
Program Service Revenue $444,963
Investment Income $44
Other Revenue $5,874
TOTAL REVENUE $7,460,923

Expense Breakdown

Grants Paid $443,457
Salaries & Benefits $3,660,150
Fundraising Expenses $279,093
Program Expenses $7,109,626
Other Expenses $4,291,451
TOTAL EXPENSES $8,397,729

Year-over-Year Comparison

2023 2022 Change
Revenue $7,460,923 $8,932,879 -0.2%
Expenses $8,397,729 $7,984,895 +0.1%
Net Income $-936,806 $947,984 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
39
Volunteers
15

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
$380,744
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK TOOLEY DIRECTOR, SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD LAND DIRECTOR 1.00
Director
$0 $0 $0
DAN SENOR DIRECTOR, TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT NICHOLSON EXECUTIVE DIRECTOR 40.00
Officer
$325,000 $55,744 $380,744
LUCAS MOON DEPUTY DIRECTOR 40.00
Highest
$271,500 $65,247 $336,747
JESSE ROJO DIRECTOR OF PHILOS LATINO 40.00
Highest
$169,500 $60,469 $229,969
CAROLINE WALKER CHIEF OF STAFF 40.00
Highest
$152,952 $19,775 $172,727
ANDREW DORAN SENIOR POLICY ADVISOR 40.00
Highest
$120,000 $23,800 $143,800
JOSEFA GONZALEZ DIRECTOR OF COMMUNICATIONS 40.00
Highest
$113,000 $39,106 $152,106
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 $7,460,923 $8,397,729 $1,673,955 $-936,806
2022 $8,932,879 $7,984,895 $3,069,416 $947,984
2021 $1,246,393 $5,419,688 $1,194,685 $-4,173,295
2020 $9,406,815 $4,345,243 $5,617,638 $5,061,572
2019 $5,646,933 $5,958,625 $310,902 $-311,692
2018 $5,021,127 $4,838,577 $608,037 $182,550
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