Better Business Bureau Report for
Project One

Better Business Bureau Report issued May 2015
Better Business Bureau Report expires May 2017

This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...

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Charity Contact Information

Name: Project One
Address: 2600 W. Broadway, Suite 301
  Louisville, KY 40211
Phone: 502-778-1003
Web Address:
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Better Business Bureau Comments

Year, State Incorporated: 1996, Kentucky
Affiliates: None
Stated Purpose: Project One, Inc. Mission Statement To serve and improve the education and work based learning skills of youth and young adults in economically disadvantaged communities by providing before and after school programs, academic tutoring, leadership training, mentoring, college selection support, supporting high school and post-secondary graduations, job shadowing, summer jobs, internships and healthy life-long learning solutions that bring about economic empowerment and self-sufficiency

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Evaluation Conclusions


Project One meets the 20 Standards for Charity Accountability.
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Summer Jobs, Pre-employment and Work-maturity Skills Training, After-School activities for economically disadvantaged youth, TAG (Talent And Gifted) Youth; Community Scholars Programs, Fatherhood Programs

For the fiscal year ended December 31, 2014, Project One's program expenses were:

Program services 324,924
Total Program Expenses: $324,924
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Chief Executive : Charles J. King, Jr,, President

Chair of the Board: Jonathan Lott
Chair's Profession / Business Affiliation: Minister

Board Size: 14

Paid Staff Size: 4

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Fund Raising


Method(s) Used:

Invitations to fund raising events, grant proposals, website appeals
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $461,248, are donations received as a result of fund raising activities.)
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Tax Status


This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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The following information is based on Project One's CPA reviewed financial statements and IRS Form 990 for the fiscal year ended December 31, 2014.

Financial statements note that assets as reported below include $220,572 invested in equipment and office furniture based on an estimate by management.

Source of Funds  
All other contributions, gifts, and similar amounts received 307,952
Fund raising events 113,296
Government grants 40,000
Total Income $461,248


Uses of Funds as a % of Total Expenses

Programs: 71%  Fund Raising: 5%  Administrative: 24% 

Total income $461,248
Program expenses $324,924
Fund raising expenses 21,697
Administrative expenses 111,127
Total expenses $457,748
Income in Excess of Expenses 3,500
Beginning net assets 78,663
Ending net assets 82,163
Total liabilities 145,909
Total assets $228,072

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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