2025-04-22T13:24:43-05:00 2024-06-30 221732349 WISS & COMPANY LLP 100 CAMPUS DRIVE FLORHAM PARK NJ 07932 990 2023-07-01 861236556 PROJECT READY A NJ NONPROFIT CORPORATION PROJ 9739439740 10 HILL STREET 1E NEWARK NJ 07102 SHENNELL MCCLOUD EXECUTIVE DIRECTOR 9739439740 2025-04-16 1 1 DIANA MILLER P01597612 9739949400 2023 2025-03-06 01:10:19Z SHENNELL MCCLOUD 10 HILL STREET 1E NEWARK NJ 07102 1608983 0 X HTTPS://WWW.PROJECTREADYNJ.ORG/ X 2021 NJ WE STRIVE TO CREATE A WORLD IN WHICH NO COMMUNITY IS LEFT VOICELESS. WE BELIEVE ALL COMMUNITY MEMBERS, FROM CHILDREN TO ADULTS, SHOULD BE CIVICALLY EDUCATED AND HAVE PROPER ACCESS TO VOTING PRACTICES; THEREBY BEING POWERED TO DISRUPT SYSTEMS. 4 2 51 5 0 0 3042501 1590615 0 0 11548 18368 49973 0 3104022 1608983 235150 0 0 0 1134673 963147 0 0 36130 1156332 978767 2526155 1941914 577867 -332931 1142697 872884 71157 134275 1071540 738609 X PROJECT READY WORKS TO CLOSE THE OPPORTUNITY GAPS AND IMPROVE LIFE OUTCOMES BY AMPLIFYING ISSUES AT THE INTERSECTION OF SOCIAL JUSTICE, PUBLIC HEALTH, EDUCATIONAL INEQUITIES, AND CIVIC ENGAGEMENT. BY SPEARHEADING GROUNDBREAKING INITIATIVES THAT HIGHLIGHT, UPLIFT, AND RESTORE THE NARRATIVES OF BLACK AND BROWN VOICES, PROJECT READY EMPOWERS COMMUNITIES TO RESHAPE HARMFUL POLICIES AND DEMAND SOCIAL JUSTICE. 0 0 670876 STUDENT ADVOCACY:PROJECT READY SPONSORED STUDENT ORGANIZING CLUBS THROUGH OUR PARTNERSHIP WITH RHIZOME. THE ADVOCACY CLUB MEMBERS ASSISTED IN REGISTERING SENIORS DURING OUR OCTOBER WHEN WE ALL VOTE CAMPAIGN. THE CLUB ALSO SURVEYED OVER STUDENTS TO IDENTIFY SCHOOL CLIMATE NEEDS. STUDENT MEMBERS BUILD SKILLS IN DATA ANALYSIS, PUBLIC SPEAKING, NETWORKING, AND STUDENT ORGANIZING.INTRODUCING THE "DEAR AMERICA: VOICES OF THE UNHEARD" DOCU-SERIES:PROJECT READY HAS EXPANDED ITS REACH WITH A NATIONAL GET OUT THE VOTE INITIATIVE. THE DOCUMENTARY, "DEAR AMERICA: A MESSAGE FROM BLACK WOMEN," WILL BECOME THE CORNERSTONE OF A LARGER INITIATIVE - A DOCU-SERIES TITLED "DEAR AMERICA: VOICES OF THE UNHEARD." THIS PROJECT ASPIRES TO HOLD UP A SOCIETAL MIRROR, SHOWCASING THE RICH TAPESTRY OF THE AMERICAN EXPERIENCE. BEYOND A GLIMPSE INTO THE LIVES OF THE UNDERREPRESENTED, THIS SERIES IS AN URGENT CALL TO ACTION FOR TANGIBLE SOCIETAL TRANSFORMATION. AS WE STRIVE FOR EQUITY AND DEMOCRACY, "VOICES OF THE UNHEARD" AIMS TO ILLUMINATE THE PATH TO A MORE INCLUSIVE AND EQUITABLE FUTURE.PROJECT READY COMMUNITY CENTER LAUNCH:PROJECT READY HOSTED A SOFT LAUNCH FOR THE NEW COMMUNITY CENTER. THE SPACE SERVES THE PERFECT OPPORTUNITY TO FORTIFY COLLABORATIONS WITH ESTEEMED ORGANIZATIONS. THE ORGANIZATION IS THANKFUL TO HAVE PARTNERS LIKE COUNCILMAN LARRY CRUMP, 211 COMMUNITY IMPACT, READING PARTNERS, GATEWAY U, CLINTON HILL COMMUNITY CENTER, AND THE GEM PROJECT, TO NAME A FEW. 670876 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 33 0 1 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NJ X X THE ORGANIZATION 9739439740 10 HILL STREET SUITE 1E NEWARK NJ 07102 SHENNELL MCCLOUD EXECUTIVE DIRECTOR/CEO 30.00 10.00 X X 227344 0 35889 NAYIBE CAPELLAN BOARD TRUSTEE 0.17 X 37996 0 5214 CALVIN SOUDER TREASURER 0.25 X X 0 0 0 PAULA WHITE OUTGOING SECRETARY (4/2024) 0.17 X X 0 0 0 PATRICK TERBORG CHAIR 0.25 X X 0 0 0 CARLOS LEJNIEKS OUTGOING BOARD TRUSTEE (4/2024) 0.17 X 0 0 0 KYLE ROSENKRANS OUTGOING TREASURER (4/2024) 0.17 X X 0 0 0 KARIN GERALD COO 32.00 8.00 X 151703 0 39849 RONALD AUGUSTIN DEPUTY EXECUTIVE DIRECTOR 40.00 X 135164 0 45017 552207 0 125969 3 0 1 0 0 1590615 1590615 18368 18368 1608983 0 0 18368 X 469494 176623 277321 15550 366910 138030 216727 12153 74773 28129 44167 2477 51970 19551 30698 1721 42031 11356 30457 218 73255 19792 53084 379 483751 132797 347896 3058 6133 2840 3293 50432 909 49472 51 17404 314 17073 17 67852 67852 22529 15875 6550 104 2836 2836 6220 6220 MATERIALS AND SUPPLIES 132593 124232 7983 378 OTHER EXPENSES 49973 49973 MEMBERSHIPS & SUBSCRIPT 23758 428 23306 24 1941914 670876 1234908 36130 1031224 730420 25000 10515 11806 2836 0 8970 86473 122979 1142697 872884 71157 51137 0 83138 71157 134275 X 910869 447253 160671 291356 1071540 738609 1142697 872884 -332931 0 X X 0 1 X 1 0 X 2706557 3042501 1590615 7339673 2706557 3042501 1590615 7339673 949375 6390298 1 2591 11548 18368 32508 109088 49973 159061 7531242 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SHARED SERVICE COST - REVENUE - 2021 AMOUNT: $ 109,088. 2022 AMOUNT: $ 49,973. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7500 2344 5156 4306 492 3814 8970 DUE FROM RELATED PARTY 5800 SECURITY DEPOSITS 39000 OPERATING LEASE RIGHT-OF-USE ASSET,NET 78179 122979 OPERATING LEASE LIABILITY 83138 83138 X 1608983 0 1608983 0 1608983 1941914 0 1941914 0 1941914 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND HAS MADE NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE ("IRS") NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS BEEN DETERMINED THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION IS REQUIRED TO FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) AND STATE OF NEW JERSEY CRI 300-R, WHICH ARE SUBJECT TO EXAMINATION BY THE IRS AND THE STATE OF NEW JERSEY UP TO THREE AND FOUR YEARS, RESPECTIVELY, FROM THE EXTENDED DUE DATE OF THE TAX RETURN. THE FORMS 990 AND CRI 300-R FOR 2022 THROUGH 2023 ARE OPEN TO EXAMINATION BY THE IRS AND THE STATE OF NEW JERSEY, RESPECTIVELY, AS OF JUNE 30, 2024. AS A NOT-FOR-PROFIT ENTITY, THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO ACTIVITIES SUBJECT TO UBIT IN THE YEARS ENDED JUNE 30, 2024 AND 2023. X X X X X 0 0 0 0 0 0 0 0 0 SHENNELL MCCLOUD EXECUTIVE DIRECTOR/CEO 209067 0 7200 0 11077 0 0 0 35889 0 263233 0 0 0 KARIN GERALD COO 138618 0 5700 0 7385 0 7114 0 32735 0 191552 0 0 0 RONALD AUGUSTIN DEPUTY EXECUTIVE DIRECTOR 125746 0 3000 0 6418 0 5606 0 39411 0 180181 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE MADE AVAILABLE TO THE EXECUTIVE DIRECTOR AND THE PROJECT READY BOARD MEMBERS UPON REQUEST. THE EXECUTIVE DIRECTOR WILL REVIEW A DRAFT OF THE 990 AND PROVIDE ANY FEEDBACK AND NECESSARY CHANGES TO THE CHIEF OPERATING OFFICER. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE EXECUTIVE DIRECTOR IS OKAY WITH FINAL REVIEW, IT WILL BE SIGNED BY THE EXECUTIVE DIRECTOR, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE TRUSTEES BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRE THAT EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE POLICY; 2. HAS READ AND UNDERSTANDS THE POLICY; 3. HAS AGREED TO COMPLY WITH THE POLICY; AND 4. UNDERSTANDS THE CORPORATION IS TAX-EXEMPT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE FIXING OF SALARIES OF OFFICERS SHALL REQUIRE THE AFFIRMATIVE VOTE OF A MAJORITY OF THE ENTIRE BOARD, SUBJECT TO THE FOLLOWING RESTRICTIONS: 1) TRUSTEES WHO RECEIVE ANY COMPENSATION FOR SERVICES IN ANY CAPACITY, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION MAY NOT VOTE ON MATTERS PERTAINING TO THAT TRUSTEE'S COMPENSATION. 2) TRUSTEES AND OFFICERS SHALL DISCLOSE TO THE BOARD ANY FINANCIAL INTEREST THAT THE TRUSTEE OR OFFICER DIRECTLY OR INDIRECTLY HAS IN ANY PERSON OR ENTITY THAT IS A PARTY TO A TRANSACTION UNDER CONSIDERATION BY THE BOARD. THE INTERESTED TRUSTEE OR OFFICER SHALL ABSTAIN FROM VOTING ON THE TRANSACTION. 3) PRIOR TO ENTERING INTO ANY COMPENSATION AGREEMENT, CONTRACT FOR GOODS OR SERVICES, OR ANY OTHER TRANSACTION WITH ANY PERSON WHO IS IN A POSITION TO EXERCISE INFLUENCE OVER THE AFFAIRS OF THE CORPORATION, THE BOARD SHALL ESTABLISH THAT THE PROPOSED TRANSACTION IS REASONABLE WHEN COMPARED WITH A SIMILARLY-SITUATED ORGANIZATION FOR FUNCTIONALLY COMPARABLE POSITIONS, GOODS OR SERVICES RENDERED. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON THE IRS WEBSITE - HTTPS://APPS.IRS.GOV/APP/EOS/ AND WWW.GUIDESTAR.COM FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST DURING NORMAL OFFICE HOURS. HARD COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 121,035. MANAGEMENT AND GENERAL EXPENSES 324,624. FUNDRAISING EXPENSES 2,320. TOTAL EXPENSES 447,979. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 7,442. MANAGEMENT AND GENERAL EXPENSES 11,685. FUNDRAISING EXPENSES 655. TOTAL EXPENSES 19,782. OTHER FEES: PROGRAM SERVICE EXPENSES 4,320. MANAGEMENT AND GENERAL EXPENSES 11,587. FUNDRAISING EXPENSES 83. TOTAL EXPENSES 15,990. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. FOR FISCAL YEAR ENDED 6/30/24, THE ORGANIZATION HAS NOT CHANGED ITS SELECTION OF AN INDEPENDENT AUDITOR. BE READY INC 10 HILL STREET SUITE 1E NEWARK NJ 07102 880627862 CIVIC EDUCATION NJ 501(C)(4) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0