Victory Project, Inc.
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Victory Project, Inc. does not meet the following 1 Standards for Charity Accountability:
Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
The charity does not meet this Standard because:
The organization does not have audited financial statements.
Victory Project, Inc. meets the remaining 19 Standards for Charity Accountability.
Stated Purpose:
"Empower
youth to discover the life God intended by mastering self-awareness,
self-sufficiency, and selfless service while tearing down the pillars of poverty, all without government funding."
Year, State Incorporated:
2008, OH
The Victory Project is a program designed specifically as an alternative to the street. The after- school program focuses on mentoring disengaged youth, 8th to 12th grade to avoid ‘The Pillars of Poverty: Dropping out of high school. Getting a criminal history. Having a baby prior to marriage. Our Curriculum is based on 3Es: EDUCATION – tutoring, study hall, and supporting students, teachers & parents. ENTREPRENEURSHIP – work-ethic development through a micro-business model that employs students... eligibility earned by participation, good behavior, and grades. ENLIGHTENMENT – character development and recreation, Bible Study & nightly dinner. All without government funding.
For the year ended December 31, 2024, Victory Project, Inc.'s program expenses were:
| Programs | $1,113,316 |
| Total Program Expenses | $1,113,316 |
Chief Executive
Monnie Bush, President/CEO
Compensation*
$71,856
Chair of the Board
Greg Roberto
Chair's Profession / Business Affiliation
Everhart Advisors
Board Size
12
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Victory Project, Inc.'s IRS Form 990 for the year ended December 31, 2024.
Source of Funds
| Contributions and Grants | $2,196,518 |
| Program Service Revenue | $69,556 |
| Investment Income | $21,079 |
| Other Revenue | $-17,179 |
| Total Income | $2,269,974 |
Programs: 85% Fundraising: 2% Administrative: 13%
| Total Income | $2,269,974 |
| Total expenses: | $1,314,944 |
| Program expenses | $1,113,316 |
| Fundraising expenses | $31,956 |
| Administrative expenses | $169,672 |
| Other expenses | $0 |
| Income in Excess of Expenses | $955,030 |
| Beginning Net Assets | $2,255,434 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $3,210,464 |
| Total Liabilities | $264,568 |
| Total Assets | $3,475,032 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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