67
Project First Rate
Community Development · Rockford, Illinois
111 S Madison St, Rockford, IL 61104-1111
EIN: 800906394· Founded: Dec 2014· 12 years active· Filing Year: 2023
Annual Revenue
$264K
Total Expenses
$293K
Total Assets
$158K
Program Spending
89%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$111K
37.9% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$111K
38% of total expenses
Where the Money Goes
89%
Programs: 89%
Payroll: 38%
Other overhead: 11%
Program Revenue$261K (99%)
Total Expenses$293K (100%)
Payroll$111K (38%)
Overhead (non-program)11%
Trust Score Breakdown
Program Spending Ratio
89% of expenses go to programs
Revenue & Stability
$264K annual revenue
Executive Compensation
$111K total officer comp (37.9% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$158K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.