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Washington · Nonprofit

PROJECT 42

PROJECT 42 (Washington) receives grants from 1 organization whose IRS filings report $45,000 to it, the largest being PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA ($45,000). 1 of them have funded it in more than one year.

Revenue FY2024
$4.3M
Funders on record
1
Grants received
$45k
Net assets
$383k
1/1 repeat funderspeak grant-dependency 1%
01What it does

What Project 42 does

Mission

To support building infrastructure in washington state around free markets, personal liberty, and public safety.

As stated on its FY2024 Form 990.

Program

  1. Capacity groups - our approach is to build a durable conservative infrastructure that will change the status quo over time. The key components of our approach are: identify core capacities that need to be built or financed. Identify, vet and invest in the most effective organizations to build these capacities. Run those organizations like businesses - creating goals and metrics to measure outcomes. Most importantly, the work of this durable infrastructure will never stop. Project 42 will continue to build for the long-term. Capacity groups for 2024 include a female candidate recruiting and training platform, a media operations organization that focuses on accountability and public safety issues in seattle, and a news foundation organizaon that ensures stories in the news tell the taxpayers' point of view and a legal organization focused on defending the rights of wa citizens.

    $3,929,731 spentof which $2,179,050 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,929,731.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($403k) Expenses 100 ($401k) Net assets 100 ($1k)2021 Revenue 237 ($954k) Expenses 205 ($823k) Net assets 9062 ($133k)2022 Revenue 489 ($2.0M) Expenses 522 ($2.1M) Net assets 545 ($8k)2023 Revenue 811 ($3.3M) Expenses 802 ($3.2M) Net assets 3946 ($58k)2024 Revenue 1075 ($4.3M) Expenses 998 ($4.0M) Net assets 26192 ($383k)
20202021202220232024
Revenue (1075)Expenses (998)Net assets (26192)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $58k to $383k (+564%).

$1k
$133k
$8k
$58k
$383k
20202021202220232024
Total assetsTotal liabilities

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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$1k
’20
$131k
’21
−$125k
’22
$50k
’23
$326k
’24
1.1
months of
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.

Board chair

Steve Gordon

Chair/treasurer

As listed on its FY2024 Form 990.

20202021202220232024
Listed33222
Joined·+0···
No longer listed·0···
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $20k → $25k.

Funder
'22
'23
total
funders
1
1

From the IRS filings of PROJECT 42’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.

Where its funders are

PROJECT 42 draws 100% of its grant income from funders outside Washington, across 1 state in all.

DC

In-state vs out-of-state, by year

’22
’23
Washington out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Organizations like PROJECT 42

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 Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

2
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for PROJECT 42: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PROJECT 42?
PROJECT 42 (Washington) receives grants from 1 organization whose IRS filings report $45,000 to it, the largest being PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA ($45,000). 1 of them have funded it in more than one year.
How many funders does PROJECT 42 have?
IRS filings report 1 organization giving $45,000 in grants to PROJECT 42, 1 of which have funded it in more than one year.
Who is the largest funder of PROJECT 42?
PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA is the largest funder on record, with $45,000 in grants. The full list of funders is on this page.
How can an organization like PROJECT 42 find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 1 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