2025-07-15T08:49:02-05:00 2024-08-31 333709623 COHNREZNICK ADVISORY LLC 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2023-09-01 133315296 PROJECT INVEST PROJ 7036834422 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 EUGENE S COCKE CFO/TREASURER 7036834422 2025-07-14 1 1 DANIEL O'SHEA P00957510 3016529100 2025-07-14 2023 2025-03-06 01:10:19Z CHARLES E SYMINGTON JR 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 360770 0 X WWW.INVESTPROGRAM.ORG X 1986 NY OUR MISSION IS TO EDUCATE, PREPARE AND ATTRACT DIVERSE NEW TALENT TO THE INSURANCE INDUSTRY. 28 28 0 300 0 0 381886 353114 0 0 4192 7656 0 0 386078 360770 14500 22500 0 0 285051 326569 0 0 72036 98529 142929 398080 491998 -12002 -131228 611504 442887 118372 80983 493132 361904 INVEST DEVELOPS A DIVERSE POOL OF INSURANCE PROFESSIONALS AND INFORMED CONSUMERS BY EDUCATING HIGH SCHOOL AND COLLEGE STUDENTS ON CAREERS IN INSURANCE, FINANCIAL SERVICES AND RISK MANAGEMENT AND ENCOURAGES THEM TO PURSUE CAREERS IN THE INDUSTRY. 0 0 347926 22500 INVEST IS A GRASSROOTS PROGRAM THAT TEAMS HIGH SCHOOL AND COLLEGE EDUCATORS WITH VOLUNTEERS FROM THE INSURANCE INDUSTRY TO PROVIDE INSURANCE INSTRUCTION USING ITS ONLINE AND PRINTED CURRICULUM. THE PROGRAM ENCOURAGES THE PURSUIT OF INSURANCE CAREERS BY EXPOSING STUDENTS TO CAREER PATHWAYS INCLUDING JOB SHADOWING, SCHOLARSHIPS, CAREER COACHING, AND INTERNSHIPS. INVEST HAS SERVED OVER 950 SCHOOLS NATIONWIDE AND CONTINUES TO GROW RAPIDLY ACROSS THE UNITED STATES IN HIGH SCHOOLS AND COMMUNITY COLLEGES. NEARLY 33% OF THE SCHOOLS OFFERING THE INVEST PROGRAM ARE IN MINORITY AND LOW INCOME COMMUNITIES. IN ADDITION, INVEST CONTINUES TO EXPAND ITS PROGRAMMING WITH WORKFORCE DEVELOPMENT GROUPS IN UNDERSERVED COMMUNITIES. 347926 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X EUGENE S COCKE 7036834422 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 CHRIS GLASS BOARD MEMBER 2.00 X 0 0 0 DANIEL HOLST STATE EXECUTIVE LIAISON 2.00 X 0 0 0 DARCY WADDELL BOARD MEMBER 2.00 X 0 0 0 DAVID MARLETT BOARD MEMBER 2.00 X 0 0 0 DIANE WAGNER BOARD MEMBER 2.00 X 0 0 0 DORI KING BOARD MEMBER 2.00 X 0 0 0 DOUG MOHR BOARD MEMBER 2.00 X 0 0 0 HASSAN CHARLES BOARD MEMBER 2.00 X 0 0 0 JAY RHOADS BOARD MEMBER 2.00 X 0 0 0 JEFF OGARD BOARD MEMBER 2.00 X 0 0 0 JILL RAFFERTY BOARD MEMBER 2.00 X 0 0 0 JUAN PADRON CHAIR 2.00 X X 0 0 0 JULIENNE RUPP BOARD MEMBER 2.00 X 0 0 0 KATHY CONLEY-JONES BOARD MEMBER 2.00 X 0 0 0 LORI REED BOARD MEMBER 2.00 X 0 0 0 LOU MORAN EXECUTIVE COMMITTEE LIAISON 2.00 X 0 0 0 LUKE HORTON BOARD MEMBER 2.00 X 0 0 0 NANCY NICKLOW BOARD MEMBER 2.00 X 0 0 0 NATALIE ALI BOARD MEMBER 2.00 X 0 0 0 NEIL LENANE BOARD MEMBER 2.00 X 0 0 0 NICOLE RIEGL BOARD MEMBER 2.00 X 0 0 0 PETER VAN AARTRIJK BOARD MEMBER 2.00 X 0 0 0 ROB TOWNLEY BOARD MEMBER 2.00 X 0 0 0 ROBERT REDDON BOARD MEMBER 2.00 X 0 0 0 SUE NEPRAS BOARD MEMBER 2.00 X 0 0 0 TAMRA JOHNSON BOARD MEMBER 2.00 X 0 0 0 TAMMY HESSBERGER BOARD MEMBER 2.00 X 0 0 0 EUGENE S COCKE TREASURER 1.00 X 0 0 0 WHITENEE DILLARD EXECUTIVE DIRECTOR 40.00 X 128068 11136 17905 128068 11136 17905 1 0 1 0 0 25000 328114 814 353114 7656 7656 360770 0 0 7656 22500 22500 147688 102882 22403 22403 123154 85791 18682 18681 3776 2630 573 573 32518 22653 4932 4933 19433 13537 2948 2948 477 333 72 72 15615 10877 2369 2369 750 522 114 114 4359 3449 455 455 10664 3744 3460 3460 27114 18888 4113 4113 6958 5506 726 726 56971 39687 8642 8642 7747 5397 1175 1175 3082 2438 322 322 EQUIPMENT COST TRANSFER 7299 5775 762 762 TAXES & FEES 1893 1317 288 288 491998 347926 72036 72036 597304 436887 14200 6000 611504 442887 39474 28400 78898 52583 118372 80983 X 479482 344879 13650 17025 493132 361904 611504 442887 -131228 0 X 0 1 X 1 0 X 330444 520284 387411 381886 353114 1973139 330444 520284 387411 381886 353114 1973139 752999 1220140 2895 1902 1648 4192 7656 18293 10 10 1991442 0.61270 0.60270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12750 12750 12750 12750 12750 12750 12750 12750 12750 12750 1.00000 0.00000 0.00000 0 0 0 DUE TO AFFILIATE 52583 52583 X 378005 17235 17235 360770 0 360770 509233 17235 17235 491998 0 491998 PART V, LINE 4: BOARD-DESIGNATED NET ASSETS, TOTALING $12,750 AS OF AUGUST 31, 2024 CONSISTED OF FUNDS SET ASIDE BY THE BOARD OF DIRECTORS FOR SCHOLARSHIPS. PART X, LINE 2: PROJECT INVEST IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PROJECT INVEST HAS BEEN CLASSIFIED AS A PUBLIC CHARITY BY THE INTERNAL REVENUE SERVICE. PROJECT INVEST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PROJECT INVEST RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN GENERAL AND ADMINISTRATIVE EXPENSE ON THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS FOR THE YEARS ENDED AUGUST 31, 2024 AND 2023. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTIONS OF VIRGINIA AND NEW YORK. 1 SCHOLARSHIPS 14 22500 PART I, LINE 2: THE GRANTS (SCHOLARSHIPS) ARE PAID DIRECTLY TO THE ORGANIZATION FOR WHICH THE GRANT WILL BE USED INSTEAD OF THE INDIVIDUAL AWARDED. 0 0 0 0 0 0 0 0 0 WHITENEE DILLARD EXECUTIVE DIRECTOR 128068 11136 0 0 0 0 6492 565 9980 868 144540 12569 0 0 FORM 990, PART V, LINE 2B: THE TAXPAYER HAS COMMON PAYMASTER, INDEPENDENT INSURANCE AGENTS AND BROKERS OF AMERICA (TAX ID#13-5665571) WHO FILES ALL FORM W-2'S AND PAYROLL TAX RETURN 941'S. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND CFO BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS COMPLETED AND SIGNED ANNUALLY BY ALL OFFICERS AND EMPLOYEES DURING THE MONTH OF AUGUST. COPIES ARE KEPT ON FILE WITH THE LEGAL DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS THROUGH THE PROJECT INVEST WEBSITE.