The Nagen Project Inc
Nonprofit profile at a glance
- EIN
- 851370517
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Bloomfield, CT, USA
- Phone
- 8602433977
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
- Affiliation
- Judaism
Reported finances
- Revenue
- $3,060,007
- Expenses
- $2,833,324
- Assets
- $1,429,819
- Liabilities
- $35,124
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- RICHARD GITLIN (CHAIRMAN/PRESIDENT)
- BILLY WEINSTEIN (VICE PRESIDENT/TREASURER)
People named in this filing
- RICHARD GITLIN (CHAIRMAN/PRESIDENT)
- BILLY WEINSTEIN (VICE PRESIDENT/TREASURER)
- BOBBY CASPER (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The nagen project stands at the forefront of a crucial battle against antisemitism, fighting not just for the present but for the future of north american jews. The projects approach is comprehensive and multifaceted, from freeing k-12 education of radical curricula to tackling structural antisemitism on university campuses. The project engages in research, legal action, and strategic communications to drive impactful results.
What it reported doing in 2024
The nagen project inc. Made several grants to 501c3 organizations, all of which perform services complimentary to nagens mission to unite the jewish community and combat anti-semitism. Specifically, the grants supported such endeavors as raising awareness of the complexities of social justice, enriching the lives of jewish students on college campuses, promoting the activities of non-profit entities in israel, educating leaders and citizens in the united states and europe about israel and promoting the exchange of ideas between such leaders and citizens about israelis, and challenging those who seek to delegitimize the jewish state. Grants were also made to organizations which focus on strengthening u.s. National security with the aim of identifying and eliminating threats posed by adversaries of the us or other free nations.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 77
- Accountability: 100
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 86.1%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 49.9%; rating input score 50; 15th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.4%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 70.5% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 48.8% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 38.1% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 80% of revenue deployed · 86.1% of spending went to programs
- Governance: 8 of 8 board members independent · 7 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $2.4M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Highest-paid contractors: 1 contractor listed · $1.4M reported
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 10 filed related-organization links
- 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.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 57/100.
- Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.