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California · Nonprofit

Project Invent

Project Invent (California) receives grants from 28 organizations whose IRS filings report $3,745,241 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($1,159,380). 17 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.5M
Funders on record
28
Grants received
$3.7M
Net assets
$718k
17/28 repeat funderspeak grant-dependency 90%
01What it does

What Project Invent does

Mission

Project Invent empowers students with the 21st-century skills to succeed individually and impact globally, through invention for social good.

As stated on its FY2025 Form 990.

Program

  1. Trained and supported teachers at 50+ schools to implement the Project Invent program for 1,500 students. Hosted 9 Demo Days for students to present inventions to top investors and tech executives. Published curriculum and resources used in over 2,800 classrooms.

    $937,116 spentof which $11,500 as grants$556,103 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $937,116.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($413k) Expenses 100 ($212k) Net assets 100 ($247k)2021 Revenue 125 ($517k) Expenses 173 ($366k) Net assets 161 ($398k)2022 Revenue 243 ($1.0M) Expenses 401 ($848k) Net assets 225 ($555k)2023 Revenue 276 ($1.1M) Expenses 543 ($1.1M) Net assets 220 ($545k)2024 Revenue 275 ($1.1M) Expenses 556 ($1.2M) Net assets 204 ($504k)2025 Revenue 367 ($1.5M) Expenses 615 ($1.3M) Net assets 291 ($718k)
202020212022202320242025
Revenue (367)Expenses (615)Net assets (291)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $570k to $846k (+48%).

$251k
$402k
$570k
$846k
$688k
$835k
202020212022202320242025
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 8% · 2021 3% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

62% of Project Invent’s revenue is contributions — about as donation-reliant as the typical peer (67% for the typical peer).

This organization
Typical peer · 498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$201k
’20
$151k
’21
$157k
’22
−$10k
’23
−$41k
’24
$214k
’25
4.2
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.

202020212022202320242025
Listed5712131718
Joined·+3+5+3+5+3
No longer listed·10212
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 13 funders, grant income rose $2k → $1.0M.

9 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 Invent’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

Project Invent has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

57% 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 Invent.

31%
largest funder
60%
top three
~6
effective funders

Largest funder’s share by year: 2019 100% · 2020 31% · 2021 27% · 2022 60% · 2023 39% — 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

57% of Project Invent's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y

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

57% of Project Invent'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 $1.6M that is directly attributable, 60% of it comes from funders outside California, across 9 states.

IL
MI
NY
OR
OH
CA
MD
DE
TX

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

’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 7 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.

04Its place in the field

Against its field

Project Invent has grown faster than three-quarters of the 210 science & tech nonprofits its size.

Operating margin14% · above the median
Months of reserve4.2mo · below the median
Revenue growth (annualized)30% · top quartile

this organization peer median middle 50% of peers· 210 science & tech nonprofits $1M–$10M, FY2025

Organizations like Project Invent

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 California

Nationally

05Profile & governance

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

Where the money goes

72% of spending goes to programs.

Program 72%Management 15%Fundraising 13%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for Project Invent: 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 Invent?
Project Invent (California) receives grants from 28 organizations whose IRS filings report $3,745,241 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($1,159,380). 17 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Project Invent have?
IRS filings report 28 organizations giving $3,745,241 in grants to Project Invent, 17 of which have funded it in more than one year.
Who is the largest funder of Project Invent?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $1,159,380 in grants. The full list of funders is on this page.
How can an organization like Project Invent find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 FY2025 (financials across 2020–2025), 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 14, 2026. What this page cannot tell you · view filing