Overview

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Closed

This organization closed in 2026. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1977

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

PROJECT UNDERSTANDING is a nonprofit organization focused on providing homeless services to the most at-risk individuals in the community, with a mission to transform lives and empower independence. Operating with a budget of $134.7K and generating total revenue of $21K in the filing year 2026, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.projectunderstanding.org.

Mission Statement

PROJECT UNDERSTANDING MISSION - TO TRANSFORM LIVES AND EMPOWER INDEPENDENCE BY PROVIDING RESOURCES TO THE MOST AT RISK IN OUR COMMUNITY.
Revenues
$21K
Expenses
$134.7K
Net Income:
-$113.8K
Assets
$0
Liabilities
$0
Net Assets:
+$0
Operating Budget
$134.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$6.8K
Largest grant received
$58K
B
Brandy Beesley
Board Member
S
Salena Bracamontes
Board Member
C
Cecilia Adame
Board Member

Frequently Asked Questions

What is PROJECT UNDERSTANDING’s budget?
In 2026, PROJECT UNDERSTANDING reported an annual operating budget of around $135 thousand. More detailed financial information is available to registered users.
What causes does PROJECT UNDERSTANDING support?
PROJECT UNDERSTANDING supports work in Homeless services.
Where does PROJECT UNDERSTANDING operate?
PROJECT UNDERSTANDING is headquartered in Ventura, CA.
Who funded PROJECT UNDERSTANDING recently?
In 2025, PROJECT UNDERSTANDING received grants from SHERWOOD COUNTRY CLUB CHARITABLE FOUNDATION, VENTURA COUNTY COMMUNITY FOUNDATION, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant PROJECT UNDERSTANDING received in 2024?
The largest grant to PROJECT UNDERSTANDING in 2024 exceeds $58 thousand.
What is PROJECT UNDERSTANDING’s reliance on government grants?
PROJECT UNDERSTANDING relied on government grants for more than 25% of their total revenue in 2026.