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CHARITY REVIEW
Issued: October 2023 Expires: October 2025

Victory Project, Inc.

Accredited Charity
Accredited Charity

Meets Standards

409 Troy Street
Dayton, OH, 45404

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Victory Project, Inc. meets the 20 Standards for Charity Accountability.

Stated Purpose:
Empower youth to discover the life God intended by mastering self-awareness, self-sufficiency, and selfless service. We’re tearing down the pillars of poverty without government funding.

Year, State Incorporated:
2006, 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, 2022, Victory Project, Inc.'s program expenses were:

Programs $772,984
Total Program Expenses $772,984

Chief Executive
Monnie Bush, President/CEO

Compensation*
$54,883

Chair of the Board
Mr. Bud Hauser, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
9

Paid Staff Size
8

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Internet

% of Related Contributions on Fundraising: 1.75%

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 audited financial statements - consolidated for the year ended December 31, 2022.

Source of Funds
Contributions $1,074,460
Grant Revenue $88,272
Donated Materials and Services $78,963
Landscaping and Improvement Revenues $46,754
Interest Income $126
Loss on Disposal of Assets $-764
Total Income $1,287,811

Programs: 84% Fundraising: 2% Administrative: 14%

Total Income $1,287,811
Total expenses: $920,241
  Program expenses $772,984
  Fundraising expenses $21,683
  Administrative expenses $125,574
  Other expenses $0
Income in Excess of Expenses $367,570
Beginning Net Assets $1,217,367
Other Changes In Net Assets $0
Ending Net Assets $1,584,937
Total Liabilities $21,778
Total Assets $1,606,715

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.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB of Dayton and Miami Valley