440K Project Inc

Nonprofit profile at a glance

EIN
863105622
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Natick, MA, USA
Phone
5089697721
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Foster Care

Official website

Reported finances

Revenue
$4,815
Expenses
$1,581
Assets
$7,978

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SANDRA BRAVO (PRESIDENT)

People named in this filing

  • SANDRA BRAVO (PRESIDENT)
  • MICHAEL BRAVO (TREASURER)
  • HALEY PESCE (CLERK)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the organization is to raise awareness of the foster care crisis; develop, propose and implement plans to significantly reduce the number of children in foster care, while increasing the number of adoptions, volunteers and foster homes; improve the outcomes of children in foster care generally; and conduct such other activities and programs in furtherance of the foregoing purposes as may be carried out by a corporation organized under section 501 (c) (3) of the internal revenue code.

What it reported doing in 2025

To date, a creative concept for an ad campaign has been developed, donated by wi (watson isaacson)a leading national ad agency. In 2023, two radio spots were produced by wi and aired in several markets across the u.s. In 2024, the foster care ad campaign continued which ran on social media and radio in various markets, and fundraising initiatives occurred. A design theory session in conjunction with babson college's social innovation center occurred with the goal to generate ideas for a redesign of the foster care system in the united states. Established threee primary objectives for the 440k project. Located student group and other resources to conduct research and business plans of successful nonprofits who are helping youth 18 to 21 who age out of foster care. The ultimate objective is to scale these nonprofits across the u.s. To help aged out youth with housing, mentorship, job opportunities, etc. In 2025, the activities included redesign sessions on fundraising, messaging and strategies to help the cohort of aged-out youth. Bentley university honor students developed strategies for aged-out foster youth to gsin the skills/experience to earn a living wage and also identified resources for fundraising. Worked with the ad council and walton isaacson on a communications effort to get the 111,000 children awaiting adoption into permanent homes.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.8%; rating input score 33
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 67.2%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 5.05; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -108.3% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -50.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 23.4% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 32.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.