CARAVANSERAI PROJECT

EIN: 812497638 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$2,406,476
Total Expenses
$1,532,096
Total Assets
$1,475,288
Net Assets
$1,353,701
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DC
Principal Officer
MIHAI PATRU
Phone
3104630154
Tax Period
2023-01-01 to 2023-12-31

CARAVANSERAI PROJECT, founded in 2016, is a community nonprofit in the International Affairs sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $874K, a strong 36% operating margin.

Mission

CARAVANSERAI PROJECT PROMOTES SOCIAL AND ECONOMIC PROGRESS BY BRIDGING GAPS BETWEEN CULTURES AND ENVIRONMENTS THROUGH FIDUCIARY AND INTERMEDIARY SUPPORT VIA TRAININGS, EDUCATION, AND TECHNICAL ASSISTANCE. IT SERVES AS A FIDUCIARY FOR CERTAIN PROJECTS AND ORGANIZATIONS WORKING CONSISTENTLY WITH THE MISSION OF CARAVANSERAI PROJECT INCLUDING MOSSIER SOCIAL ACTION

Program Service Accomplishments

Program 1
Expenses: $53,171

SEED LAB PRE-ACCELERATOR, LAUNCHED IN 2018, IS AN 8-MONTH PROGRAM (OCTOBER - MAY) DESIGNED TO HELP STARTUP AND EARLY-STAGE ENTREPRENEURS BUILD VIABLE MISSION-DRIVEN VENTURES FROM IDEATION TO PILOTING...

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SEED LAB PRE-ACCELERATOR, LAUNCHED IN 2018, IS AN 8-MONTH PROGRAM (OCTOBER - MAY) DESIGNED TO HELP STARTUP AND EARLY-STAGE ENTREPRENEURS BUILD VIABLE MISSION-DRIVEN VENTURES FROM IDEATION TO PILOTING AND SCALING. IN 2019, THE PROGRAM WAS APPROVED BY UCR-EXTENSION AS A 9-PROFESSIONAL CREDIT SPECIALIZED CERTIFICATE. IT CONSISTS OF COHORT WORKSHOPS AND MONTHLY ONE-ON-ONE COACHING AND MENTORSHIP SESSIONS. PRIORITY IS GIVEN TO APPLICANTS REPRESENTING HISTORICALLY MARGINALIZED AND UNDERSERVED COMMUNITIES. TO DATE, OVER 47 FELLOWS GRADUATED FROM THE PROGRAM, EACH YEAR UP TO 12 NEW FELLOWS JOINING THE PROGRAM.

Program 2
Expenses: $1,056,725

BUSINESS READINESS TRAINING AND GRANT MAKING ARE INTERCONNECTED AND PROVIDE MISSION-DRIVEN ENTREPRENEURS BOTH TECHNICAL SUPPORT AND FUNDING. STARTING 2022 TO 2024, CARAVANSERAI PROJECT WILL WORK WITH...

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BUSINESS READINESS TRAINING AND GRANT MAKING ARE INTERCONNECTED AND PROVIDE MISSION-DRIVEN ENTREPRENEURS BOTH TECHNICAL SUPPORT AND FUNDING. STARTING 2022 TO 2024, CARAVANSERAI PROJECT WILL WORK WITH OVER 200 BENEFICIARIES IN THE IE AND PROVIDE A TOTAL OF OVER $1.5M IN MICRO-GRANTS. IN 2023, CARAVANSERAI PROJECT OFFERS ALMOST $1.8M IN UP TO $10,000 MICRO-GRANTS AS PART OF THE DREAM FUND PROGRAM FUNDED BY THE CALIFORNIA OFFICE OF SMALL BUSINESS ADVOCATE TO OVER 150 STARTUP ENTREPRENEURS IN CALIFORNIA WHO SUCCESSFULLY GRADUATED THE BUSINESS READINESS TRAINING PROGRAM OR SEED LAB PRE-ACCELERATOR.

Program 3
Expenses: $250,249 Revenue: $9,639

BREAKTHROUGH MASTERCLASSES AND STRATEGIC NETWORKING AND PLANNING CIRCLES ARE SHORT-TERM PROGRAMS FOR LEADERSHIP OF ADVANCED MISSION-DRIVEN ORGANIZATIONS. COHORTS OF UP TO 10 PARTICIPANTS ARE PART OF...

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BREAKTHROUGH MASTERCLASSES AND STRATEGIC NETWORKING AND PLANNING CIRCLES ARE SHORT-TERM PROGRAMS FOR LEADERSHIP OF ADVANCED MISSION-DRIVEN ORGANIZATIONS. COHORTS OF UP TO 10 PARTICIPANTS ARE PART OF CURATED CONVERSATIONS, TRAINING, AND EXCHANGES OF IDEAS.

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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 $2,388,651
Program Service Revenue $17,723
Investment Income $102
Other Revenue $0
TOTAL REVENUE $2,406,476

Expense Breakdown

Grants Paid $747,500
Salaries & Benefits $378,179
Fundraising Expenses $7,399
Program Expenses $1,360,145
Other Expenses $406,417
TOTAL EXPENSES $1,532,096

Year-over-Year Comparison

2023 2022 Change
Revenue $2,406,476 $889,280 +1.7%
Expenses $1,532,096 $1,002,030 +0.5%
Net Income $874,380 $-112,750 -8.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
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
1
$63,750
Total Directors
10
$63,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN BENNETT CHAIRMAN 40.00
Officer Director
$63,750 $0 $63,750
LARRY COLTON BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG DOUGHERTY BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN GOMEZ BOARD MEMBER 1.00
Director
$0 $0 $0
ARMETTA PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER HOPKINS-GILLISPIE BOARD MEMBER 1.00
Director
$0 $0 $0
RHETT WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
REVEREND LORENZO LEBRIJA BOARD MEMBER 1.00
Director
$0 $0 $0
NEREYDA RODRIGUEZ-LOO BOARD MEMBER 1.00
Director
$0 $0 $0
DEEDEE TOWERY BOARD MEMBER 1.00
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 $2,406,476 $1,532,096 $1,475,288 $874,380
2022 $889,280 $1,002,030 $544,060 $-112,750
2021 $1,197,040 $637,931 $677,645 $559,109
2020 $415,406 $407,360 $128,842 $8,046
2019 $311,443 $337,204 $61,812 $-25,761
2018 $233,381 $157,284 $98,806 $76,097
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