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Project Invent

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824377729 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Project Invent?

Project Invent is a nonprofit organization located in San Francisco, California. Their primary focus is to equip students with essential 21st-century skills, enabling them to thrive individually and contribute positively to society. They achieve this mission by encouraging invention for social good. The organization supports and trains teachers in over 50 schools, impacting over 800 students directly. They also host Demo Days, providing a platform for students to showcase their inventions to prominent investors and tech executives. Additionally, Project Invent has published a curriculum and resources that are now being utilized in over 3000 classrooms across various locations. With a team of nine dedicated individuals, they are committed to fostering innovation and empowerment among the youth.


Official website here: www.projectinvent.org

Is Project Invent legitimate?

Project Invent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Invent submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $155,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,388

For more financial information, click here


Official website here: www.projectinvent.org

What is the mission statement of Project Invent?

Project Invent's mission is centered around empowering students with the necessary 21st-century skills to thrive individually and make a significant impact globally. This is achieved through the promotion of invention for social good. The organization strives to equip students with these skills, enabling them to excel and contribute positively to society. They accomplish this by supporting teachers in implementing the Project Invent program in various schools and engaging 800+ students. Furthermore, Project Invent hosts Demo Days, providing students the opportunity to showcase their inventions to prominent investors and tech executives. Additionally, they share their curriculum and resources, which are now used in over 3000 classrooms worldwide.


Official website here: www.projectinvent.org

Who is the CEO of Project Invent?

Jax Chaudhry is the Executive Dir. of Project Invent.


Official website here: www.projectinvent.org

What is the revenue of Project Invent?

Project Invent's revenue in 2023 was $1,138,802.


Official website here: www.projectinvent.org

Who are the executives of Project Invent and what are their salaries?

The average compensation at Project Invent during 2023 was $87,613. There are 9 employees and 214 volunteers at Project Invent.

Here are 13 key members and their salaries:

    Jax Chaudhry (Executive Dir.)
  • Compensation: $55,430
  • Related: $0
  • Other: $2,430

    • Aragon Burlingham (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Johanson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Gallatin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Heil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Ketchpel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Orly Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lillian Hsu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ali Mojibi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Babak Mostaghimi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Antonopoulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Wise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.projectinvent.org

    Where can I find the form 990 for Project Invent?

    The Project Invent’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.projectinvent.org

    Learn more at the official website: www.projectinvent.org

    Mission Statement of Project Invent

    Project Invent, as a nonprofit organization, is dedicated to empowering students with the essential 21st-century skills necessary for personal success and global impact. This is achieved through a mission focused on invention for social good. By fostering this innovative mindset, Project Invent aims to equip students with the tools they need to make a difference in their communities and beyond. The organization accomplishes this mission by supporting teachers in implementing its program across multiple schools, providing opportunities for students to showcase their inventions to industry leaders, and disseminating curriculum and resources for use in various classrooms.

    Impact

    This information is meant to be a general summary of Project Invent. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Project Invent has empowered hundreds of students with the 21st-century skills needed to succeed on a global scale through their invention for social good programs. They have trained teachers at over 50 schools, impacting over 800 students directly. Additionally, their Demo Days have provided a platform for students to present their inventions to top investors and tech executives, further amplifying their impact. With curriculum and resources utilized in over 3000 classrooms, Project Invent is making a significant contribution to fostering innovation and social impact among the next generation.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11,101
  • Program Service Revenue: $19,950
  • Gross Receipts: $1,158,977

    • Assets and Liabilities:
  • Total Assets: $845,763
  • Total Liabilities: $300,772
  • Net Assets: $544,991
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Registration Fees

    Revenue

    $19,950

    Organization Details

    Founding Year

    2018

    Principal Officer

    Jax Chaudhry

    Main Address

    2261 Market St STE 4624, San Francisco, CA, 94114

    NTEE Category

    Code: U99 - Science research

    If you are a representative of Project Invent and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.