2026-09-11T13:37:45-05:00 2025-12-31 930900579 MCDONALD JACOBS PC 121 SW SALMON ST STE 1100 PORTLAND OR 97204 990 2025-01-01 834515483 PROJECT 48 INC PROJ 5039360851 2505 SE 11TH AVE 122 PORTLAND OR 97202 PAUL POLSIN EXECUTIVE DIRECTOR 5033479638 2026-09-11 1 SANG AHN P00540880 5032270581 2025 PAUL POLSIN 2505 SE 11TH AVE 122 PORTLAND OR 97202 1178675 0 X HTTPS://WWW.P48NW.ORG X 2019 OR PROJECT 48 SUPPORTS YOUTH EXPERIENCING FOSTER CARE BY PROVIDING ESSENTIAL ITEMS AND LIFE SKILLS DURING VULNERABLE AND TRAUMATIC TRANSITIONS. WE MEET IMMEDIATE BASIC NEEDS WHILE ALSO BUILDING CONFIDENCE, STABILITY, AND LONG-TERM PATHWAYS TO INDEPENDENCE THROUGH CONSISTENT SUPPORT AND COMMUNITY CONNECTION. 14 14 9 170 0 0 546017 1162006 0 0 0 0 85364 -29766 631381 1132240 264080 285600 0 0 187635 349018 0 21852 57431 139837 476589 591552 1133059 39829 -819 135608 473571 2235 3992 133373 469579 X PROJECT 48 SUPPORTS YOUTH EXPERIENCING FOSTER CARE BY PROVIDING ESSENTIAL ITEMS AND LIFE SKILLS DURING VULNERABLE AND TRAUMATIC TRANSITIONS. WE MEET IMMEDIATE BASIC NEEDS WHILE ALSO BUILDING CONFIDENCE, STABILITY, AND LONG-TERM PATHWAYS TO INDEPENDENCE THROUGH CONSISTENT SUPPORT AND COMMUNITY CONNECTION. 0 0 763722 135600 ESSENTIAL BAG PROGRAMTHE ESSENTIAL BAG PROGRAM PROVIDES CUSTOM-PACKED BAGS OF NEW, HIGH-QUALITY CLOTHING AND HYGIENE ITEMS TO YOUTH EXPERIENCING FOSTER CARE DURING TIMES OF TRANSITION, INCLUDING ENTRY INTO CARE, PLACEMENT CHANGES, AND EXITS FROM THE SYSTEM. EACH BAG IS TAILORED TO THE INDIVIDUAL YOUTH'S SIZE, PREFERENCES, AND NEEDS, AND IS DELIVERED WITHIN 48 HOURS OF REQUEST TO ENSURE TIMELY SUPPORT DURING CRITICAL MOMENTS.(CONTINUTED ON SCHEDULE O)IN 2025, THE ORGANIZATION FULFILLED 447 ESSENTIAL BAG ORDERS, SERVING YOUTH AGES 7-23 ACROSS MULTNOMAH, WASHINGTON, AND CLACKAMAS COUNTIES. THESE BAGS SUPPORTED YOUTH DURING FIRST PLACEMENTS (41.7%), PLACEMENT MOVES (23.8%), AND EXITS FROM CARE (12.1%) AS WELL AS 22.4% "OTHER" - LIFE SKILLS PROGRAM PARTICIPANTS AND SPECIAL CASES HELPING MEET IMMEDIATE BASIC NEEDS WHILE ALSO PROMOTING CONFIDENCE, DIGNITY, AND A SENSE OF BELONGING DURING TRAUMATIC TRANSITIONS. 154364 150000 HOLIDAY DRIVE PROGRAMTHE HOLIDAY DRIVE PROGRAM PROVIDES PERSONALIZED HOLIDAY GIFT BAGS TO YOUTH EXPERIENCING FOSTER CARE, WITH A FOCUS ON OLDER YOUTH AND TEENS WHO ARE OFTEN UNDERSERVED DURING THE HOLIDAY SEASON. EACH GIFT BAG IS CUSTOMIZED BASED ON INDIVIDUAL PREFERENCES, ENSURING THAT YOUTH RECEIVE ITEMS THAT ARE MEANINGFUL, RELEVANT, AND REFLECTIVE OF THEIR IDENTITY.IN 2025, THE ORGANIZATION DISTRIBUTED APPROXIMATELY 600 CUSTOM HOLIDAY GIFT BAGS TO YOUTH ACROSS MULTNOMAH, WASHINGTON, AND CLACKAMAS COUNTIES. (CONTINUTED ON SCHEDULE O)THIS PROGRAM HELPS ENSURE THAT TEENAGERS WHO ARE EXPERIENCING FOSTER CARE FEEL SEEN, VALUED, AND INCLUDED DURING THE HOLIDAY SEASON, WHILE ALSO ADDRESSING BASIC NEEDS AND PROVIDING MOMENTS OF JOY AND CONNECTION DURING AN OFTEN CHALLENGING TIME OF YEAR. 9734 LIFE SKILLS PROGRAMTHE LIFE SKILLS PROGRAM PROVIDES STRUCTURED, COHORT-BASED WORKFORCE READINESS AND INDEPENDENT LIVING SKILLS TRAINING FOR YOUTH TRANSITIONING OUT OF FOSTER CARE. THE PROGRAM INCLUDES WEEKLY SESSIONS FOCUSED ON FINANCIAL LITERACY, EMPLOYMENT READINESS, EDUCATION PATHWAYS, AND SOCIAL-EMOTIONAL SKILL BUILDING, ALONG WITH INDIVIDUALIZED COACHING AND ONGOING ALUMNI SUPPORT.IN 2025, 45 YOUTH GRADUATED FROM THE PROGRAM, WITH 103 ALUMNI ACTIVELY ENGAGED IN CONTINUED SUPPORT SERVICES. (CONTINUTED ON SCHEDULE O)PARTICIPANTS ALSO RECEIVED OVER 62 HOURS OF ADDITIONAL WRAPAROUND SUPPORT BEYOND SCHEDULED SESSIONS, INCLUDING ONE-ON-ONE COACHING, RESOURCE NAVIGATION, AND BARRIER REMOVAL ASSISTANCE. THE PROGRAM EQUIPS YOUTH WITH PRACTICAL SKILLS, INCREASED CONFIDENCE, AND LONG-TERM SUPPORT SYSTEMS TO SUCCESSFULLY TRANSITION INTO INDEPENDENT ADULTHOOD. 927820 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 OR X PAUL POLSIN 5033479638 2505 SE 11TH AVE PORTLAND OR 97202 DAVID THIEBES BOARD PRESIDENT 1.00 X X 0 0 0 PAUL POLSIN BOARD VICE CHAIR 1.00 X X 0 0 0 CARLY SALAZAR BOARD SECRETARY 1.00 X X 0 0 0 JACQUE BOHLEN BOARD TREASURER 2.00 X X 0 0 0 HILARY KISSELL BOARD SECRETARY 1.00 X X 0 0 0 MOLLY MULLOY DIRECTOR 1.00 X 0 0 0 KARI COURT DIRECTOR 1.00 X 0 0 0 MARK PEASLEE DIRECTOR 1.00 X 0 0 0 TONYA DANIELS DIRECTOR 1.00 X 0 0 0 NICOLE FORAN DIRECTOR 1.00 X 0 0 0 BRANDY MEMORY EXECUTIVE DIRECTOR 40.00 X 94332 0 0 GLEN GIOVANNETTI DIRECTOR 1.00 X 0 0 0 EDWINA KANE DIRECTOR 1.00 X 0 0 0 PAUL POLSIN DIRECTOR 1.00 X 0 0 0 REBECCA HOWIE DIRECTOR 1.00 X 0 0 0 ALICIA FINCH DIRECTOR 1.00 X 0 0 0 94332 0 0 0 0 0 0 0 91044 1070962 387387 1162006 16669 91044 46435 -29766 -29766 1132240 0 0 -29766 285600 285600 94332 66032 18867 9433 215130 150591 43025 21514 12721 8905 2544 1272 26835 18784 5367 2684 2252 300 1952 13595 13595 21852 21852 6979 1979 5000 25287 16124 9163 24970 23773 521 676 40042 840 39202 3343 2802 541 266 266 9821 3733 6088 ESSENTIAL BAG SUPPLIES 268161 268161 DIRECT YOUTH PROGRAM 50466 50466 PROFESSIONAL DEVELOPMEN 11768 10268 1500 HOLIDAY DRIVE SUPPLIES 4639 4639 15000 14557 443 1133059 927820 147808 57431 121801 203122 12570 266131 1237 3385 1199 266 0 933 135608 473571 2235 3992 2235 3992 X 133373 379579 90000 133373 469579 135608 473571 -819 337025 0 X 0 0 0 X 109660 397870 569150 631381 1070963 2779024 109660 397870 569150 631381 1070963 2779024 55100 2723924 2779024 0.98020 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1199 266 933 933 X X X X 1 CASTER MCRAE LLC 10551 SE 352ND AVE BORING OR 97009 GRANT WRITER 0 0 0 21852 21852 OR GOLF TOURNAMENT 36855 26355 10500 11200 2330 2706 IMPACT NIGHT 70858 64689 6169 6380 4520 9136 9000 1163 107713 91044 16669 6380 15720 11466 9000 3869 46435 -29766 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE ORGANIZATION ENTERED INTO A ONE-YEAR CONTRACT WITH A PROFESSIONAL GRANT WRITER FOR CONTRACTED GRANT WRITING SERVICES. PAYMENTS UNDER THIS AGREEMENT WERE FOR PROFESSIONAL SERVICES AND WERE NOT EXCLUSIVELY FOR FUNDRAISING EXPENSES OR REIMBURSEMENTS. 1 ESSENTIAL BAGS FOR YOUTH 447 134100 COST ESSENTIALS BAG HOLIDAY GIFT BAGS 600 150000 COST HOLIDAY GIFT BAGS PART I, LINE 2: ALL ORDERS FOR ESSENTIAL BAGS ARE PLACED BY PARTNERS ON THE ENTITY WEBSITE. THIS ALLOWS FOR ACCURATE TRACKING OF YOUTH SERVED. THE WEBSITE ORDER FORM IS PASSWORD PROTECTED, SO ONLY PRE-SELECTED PARTNERS ARE ABLE TO ORDER. THEY MUST ENTER SPECIFIC AND DETAILED INFORMATION IN ORDER TO PLACE AN ORDER . THIS ENSURES THAT THE YOUTH MEET OUR CRITERIA FOR RECEIVING SERVICES. WE SERVE ALL FOSTER YOUTH AGES 7-23 IN MULTNOMAH, WASHINGTON AND CLACKAMAS COUNTIES AS THEY ARE TRANSITIONING INTO, WITHIN AND OUT OF THE FOSTER CARE SYSTEM. THEY NEED TO HAVE A CASEWORKER OR APPROVED COMMUNITY PARTNER REQUEST SERVICES FOR THEM. WE PARTNER WITH ODHS CHILD WELFARE AGENCIES AS WELL AS CASA AND OYA. ALL PARTNERS ARE TRAINED ON CRITERIA ON A QUARTERLY BASIS AND ARE AWARE OF ELEGIBILITY FOR REQUESTING SERVICES. X 387387 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 PROJECT 48 INC. ADOPTED AMENDED ARTICLES OF INCORPORATION TO FORMALIZE ITS CHARITABLE MISSION OF PROVIDING GOODS AND SUPPORT TO YOUTH IN THE OREGON FOSTER CARE SYSTEM. THE AMENDMENTS ALSO INCORPORATE MANDATORY SECTION 501(C)(3) LANGUAGE REGARDING THE PROHIBITION OF PRIVATE INUREMENT, RESTRICTIONS ON POLITICAL AND LEGISLATIVE ACTIVITIES, AND THE REQUIRED DISTRIBUTION OF ASSETS UPON DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF FORM 990 ARE PRESENTED TO THE FINANCE COMMITTEE FOR ADOPTION AND THEN FORWARDED TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL REVIEW IS CONDUCTED EACH YEAR TO ENSURE ALL EMPLOYEES, OFFICERS, DIRECTORS AND TRUSTEES ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR THE BOARD'S EXECUTIVE COMMITTEE USES COMPARATIVE DATA BASED UPON SIMILAR BUDGET-SIZED NON-PROFIT ORGANIZATIONS AND THEIR ENTIRE COMPENSATION PACKAGE FOR THEIR CHIEF EXECUTIVES. THE EXECUTIVE COMMITTEE THEN RECOMMENDS SALARIES TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ANNUAL REPORTS THAT INCLUDE FINANCIAL INFORMATION ARE POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS PRIOR PERIOD ADJUSTMENT MADE TO RECOGNIZE THE VALUE OF INVENTORY ON HAND AT THE END OF 2024. PRIOR TO 2025, MOST INVENTORY WAS EXPENSED AT THE TIME OF PURCHASE.