New Jersey · Nonprofit
PRINCETON PROJECT 55 INC
PRINCETON PROJECT 55 INC (New Jersey) receives grants from 18 organizations whose IRS filings report $1,004,321 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($327,945). 11 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $546k
- Funders on record
- 18
- Grants received
- $1.0M
- Net assets
- $3.9M
What Princeton Project 55 Inc does
Mission
Princeton alumnicorps runs two core programs. The project 55 fellowship places recently graduated princeton seniors in one year nonprofit fellowships. Emerging leaders provides leadership development training to mid-career nonprofit professionals.
As stated on its FY2025 Form 990.
Programs
Princeton project 55 (pp55)fellowships (formerly public interest program and public health fellowships) the mission of alumnicorps project 55 fellowship program is to provide opportunities for recent princeton graduates to develop a lifelong commitment to civic engagement, leadership development and learning.since our inception, we have placed more than 2300 alumni in the program with more than 500 nonprofit organizations. This past year, 24 fellows in boston, chicago, philadelphia, new york and washington dc completed their fellowship year. They were supported throughout the year by local alumni volunteers and educational seminars. Alumni and nonprofit program partners were surveyed and 100% them would recommend the the program.
$229,549 spent$4,400 earned by the program34% of program spendingEmerging leaders-emerging leaders professional development program that is designed to help aspiring and emerging nonprofit leaders develop leadership capabilities, management skills and confidence to advance their professional contributions and accelerate their careers in the nonprofit sector.the program is intended to yield tangible,near term value to participants (and their employers) and support their longer-term leadership development. It employs experiential learning and outside experts and speakers to build management skills, leadership competencies, and sector- specific knowledge. The following learning tracks are woven together: hard nonprofit skills & management training, individualized leadership in action stretch projects,leadership competencies-e.g.self awareness, team dynamics, mentoring-periodic conversations with a nonprofit leader, sector trends-expert speakers and panels, facilitated peer support. Participants in our program met the following criteria:have 3 to 10 years of full time work experience, with at least two years of experience in the nonprofit or public sector, be currently employed in the nonprofit or public sector, currently have some level of project…
$299,900 spent$28,938 earned by the program44% of program spending35th anniversary program-honored the 35 years of success and established the center for civic leadership.this physical space enables the organization to provide digital and onsite training opportunities including: annual civic engagement speaker series, civic leadership seminars and workshops, lunch & learn mentorship opportunities, roundtable discussions and public forums, and partnership an collaboration opportunities. Alumnicorps will also offer a robust new project 55 and emerging leaders training program on site in the building.
$88,121 spent13% of program spendingThe organization began to identify their next 5 year strategic plan in september 2024.
$62,180 spent9% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $679,750.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.1M to $3.7M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 9%. Grants only. Government contracts and fees sit inside program revenue.
67% of PRINCETON PROJECT 55 INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kimme Carlos
Executive director
Board chair
Brandon White
Board chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021, and between the FY2021 and FY2022, and between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 7 funders, grant income fell $135k → $96k.
7 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 81% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PRINCETON PROJECT 55 INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PRINCETON PROJECT 55 INC leans on a few funders — its largest provides 33% of grant income and the top three 74%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PRINCETON PROJECT 55 INC.
Largest funder’s share by year: 2017 74% · 2018 69% · 2019 54% · 2020 48% · 2021 60% · 2022 33% · 2023 36% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
42% of PRINCETON PROJECT 55 INC's funders are still giving 3 years after their first grant; 61% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
81% of PRINCETON PROJECT 55 INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $189k that is directly attributable, 64% of it comes from funders outside New Jersey, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $815k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PRINCETON PROJECT 55 INC receives grants from 18 organizations whose IRS filings report $1.0M to it.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like PRINCETON PROJECT 55 INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
75%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PRINCETON PROJECT 55 INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PRINCETON PROJECT 55 INC?
- PRINCETON PROJECT 55 INC (New Jersey) receives grants from 18 organizations whose IRS filings report $1,004,321 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($327,945). 11 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does PRINCETON PROJECT 55 INC have?
- IRS filings report 18 organizations giving $1,004,321 in grants to PRINCETON PROJECT 55 INC, 11 of which have funded it in more than one year.
- Who is the largest funder of PRINCETON PROJECT 55 INC?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $327,945 in grants. The full list of funders is on this page.
- How can an organization like PRINCETON PROJECT 55 INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Princeton Project 55 →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing