Oregon · Nonprofit
PROJECT 48 INC
PROJECT 48 INC (Oregon) receives grants from 28 organizations whose IRS filings report $471,140 to it, the largest being NETWORK FOR GOOD ($66,562). 14 of them have funded it in more than one year.
- Revenue FY2025
- $1.1M
- Funders on record
- 28
- Grants received
- $471k
- Net assets
- $470k
What Project 48 Inc does
Mission
Project 48 supports youth experiencing foster care by providing essential items and life skills during vulnerable and traumatic transitions. We meet immediate basic needs while also building confidence, stability, and long-term pathways to independence through consistent support and community connection.
As stated on its FY2025 Form 990.
Programs
Essential bag programthe essential bag program provides custom-packed bags of new, high-quality clothing and hygiene items to youth experiencing foster care during times of transition, including entry into care, placement changes, and exits from the system. Each bag is tailored to the individual youth's size, preferences, and needs, and is delivered within 48 hours of request to ensure timely support during critical moments.(continuted on schedule o)in 2025, the organization fulfilled 447 essential bag orders, serving youth ages 7-23 across multnomah, washington, and clackamas counties. These bags supported youth during first placements (41.7%), placement moves (23.8%), and exits from care (12.1%) as well as 22.4% "other" - life skills program participants and special cases helping meet immediate basic needs while also promoting confidence, dignity, and a sense of belonging during traumatic transitions.
$763,722 spentof which $135,600 as grants82% of program spendingHoliday drive programthe holiday drive program provides personalized holiday gift bags to youth experiencing foster care, with a focus on older youth and teens who are often underserved during the holiday season. Each gift bag is customized based on individual preferences, ensuring that youth receive items that are meaningful, relevant, and reflective of their identity.in 2025, the organization distributed approximately 600 custom holiday gift bags to youth across multnomah, washington, and clackamas counties. (continuted on schedule o)this program helps ensure that teenagers who are experiencing foster care feel seen, valued, and included during the holiday season, while also addressing basic needs and providing moments of joy and connection during an often challenging time of year.
$154,364 spentof which $150,000 as grants17% of program spendingLife skills programthe life skills program provides structured, cohort-based workforce readiness and independent living skills training for youth transitioning out of foster care. The program includes weekly sessions focused on financial literacy, employment readiness, education pathways, and social-emotional skill building, along with individualized coaching and ongoing alumni support.in 2025, 45 youth graduated from the program, with 103 alumni actively engaged in continued support services. (continuted on schedule o)participants also received over 62 hours of additional wraparound support beyond scheduled sessions, including one-on-one coaching, resource navigation, and barrier removal assistance. The program equips youth with practical skills, increased confidence, and long-term support systems to successfully transition into independent adulthood.
$9,734 spent1% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $927,820.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 2024 to 2025, from $136k to $474k (+249%).
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.
103% of PROJECT 48 INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 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
Brandy Memory
Executive director
Board chair
David Thiebes
Board president
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 5 funders to 9 funders, grant income rose $30k → $108k.
6 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% 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 PROJECT 48 INC’s funders (the co-funder graph). Top 26 of 28 funders by total. 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
PROJECT 48 INC has a broad base — no single funder exceeds 14% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
62% 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 PROJECT 48 INC.
Largest funder’s share by year: 2020 66% · 2021 40% · 2022 39% · 2023 32% — 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
25% of PROJECT 48 INC's funders are still giving 3 years after their first grant; 50% 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
61% of PROJECT 48 INC's grant income comes from Oregon funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $181k 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
PROJECT 48 INC has grown faster than three-quarters of the 7,349 human services nonprofits its size.
this organization peer median middle 50% of peers· 7,349 human services nonprofits $1M–$10M, FY2025
Government funding PROJECT 48 INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $455k on record.
- DISTRIBUTION TO NON-GOVERNMENTS$305k
- DISTRIBUTION TO INDIVIDUALS$150k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PROJECT 48 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 Oregon
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
98%
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 PROJECT 48 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 PROJECT 48 INC?
- PROJECT 48 INC (Oregon) receives grants from 28 organizations whose IRS filings report $471,140 to it, the largest being NETWORK FOR GOOD ($66,562). 14 of them have funded it in more than one year.
- How many funders does PROJECT 48 INC have?
- IRS filings report 28 organizations giving $471,140 in grants to PROJECT 48 INC, 14 of which have funded it in more than one year.
- Who is the largest funder of PROJECT 48 INC?
- NETWORK FOR GOOD is the largest funder on record, with $66,562 in grants. The full list of funders is on this page.
- How can an organization like PROJECT 48 INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Oregon. 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 Project 48 →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 28 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 22, 2026. What this page cannot tell you · view filing