THE NAGEN PROJECT INC

EIN: 851370517 501(c)(3) Civil Rights & Advocacy

BLOOMFIELD, CT

Total Revenue
$2,321,377
Total Expenses
$1,766,225
Total Assets
$1,180,951
Net Assets
$1,165,951
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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
RICHARD GITLIN
Phone
8602433977
Tax Period
2023-01-01 to 2023-12-31

THE NAGEN PROJECT INC, founded in 2020, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $555K, a strong 24% operating margin.

Mission

To unite the Jewish community in a cohesive manner to combat antisemitism with one voice and strategy.

Program Service Accomplishments

Program 1
Expenses: $675,095

Payment to TRIGGERS, a consulting company, tasked with a research project to look at the psychology of why people believe and behave the way they do, specifically focused on anti-semitism, and to...

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Payment to TRIGGERS, a consulting company, tasked with a research project to look at the psychology of why people believe and behave the way they do, specifically focused on anti-semitism, and to understand what can be done to change anti-semitic behavior.

Program 2
Expenses: $915,950

The Nagen Project Inc. made several grants to 501c3 organizations, all of which perform services complimentary to Nagens mission to unite the Jewish community and combat anti-semitisism...

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The Nagen Project Inc. made several grants to 501c3 organizations, all of which perform services complimentary to Nagens mission to unite the Jewish community and combat anti-semitisism. Specifically, the grants supported such endeavors as raising awareness of the complexities of social justice, enriching the lives of Jewish students on college campuses, promoting the activities of non-profit entities in Israel, educating leaders and citizens in the United State and Europe about Israel and promoting the exchange of ideas between such leaders and citizens about Israelis, and challenging those who seek to delegitimize the Jewish State. Grants were also made to organizations which focus on strengthening U.S. national security with the aim of identifying and eliminating threats posed by adversaries of the US or other free nations.

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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 $2,311,990
Program Service Revenue $0
Investment Income $9,387
Other Revenue $0
TOTAL REVENUE $2,321,377

Expense Breakdown

Grants Paid $915,950
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,591,045
Other Expenses $850,275
TOTAL EXPENSES $1,766,225

Year-over-Year Comparison

2023 2022 Change
Revenue $2,321,377 $986,325 +1.4%
Expenses $1,766,225 $408,546 +3.3%
Net Income $555,152 $577,779 0.0%
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
3
Independent Members
3
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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD GITLIN CHAIRMAN/PRESIDENT 030.00
Officer Director
$0 $0 $0
BILLY WEINSTEIN VICE PRESIDENT 010.00
Officer Director
$0 $0 $0
BOBBY CASPER SEC/TREAS. 015.00
Officer 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 $2,321,377 $1,766,225 $1,180,951 $555,152
2022 $986,325 $408,546 $610,867 $577,779
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