Nonprofit · EIN 04-2749823
PROJECT ADVENTURE INC
Tax-exempt · BEVERLY, MA 01915
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,029,421 | $4,118,988 | -$89,567 | $2,113,182 | $866,505 | $1,246,677 |
| December 31, 2024 | 990 | $4,153,260 | $4,064,795 | $88,465 | $2,191,036 | $854,792 | $1,336,244 |
| December 31, 2023 | 990 | $3,687,060 | $3,658,339 | $28,721 | $2,304,231 | $1,056,451 | $1,247,780 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $251,574
- Program service revenue
- $3,688,478
- Investment income
- $89,369
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,230,629
- Salaries, compensation and benefits (total)
- $2,592,864
- Professional fundraising fees
- $0
- Legal fees
- $43,500
- Occupancy
- $131,304
- Travel
- $196,768
- Depreciation
- $34,744
- Program services (functional)
- $3,226,496
- Management and general (functional)
- $824,279
- Fundraising (functional)
- $68,213
Balance sheet and other
- Total assets, start of year
- $2,191,036
- Total assets, end of year
- $2,113,182
- Total liabilities, end of year
- $866,505
- Net assets, end of year
- $1,246,677
- Land, buildings and equipment
- $118,385
- Net assets without donor restrictions
- $1,190,794
- Net assets with donor restrictions
- $55,883
- Gross receipts
- $4,029,421
- Employees
- 70
- Volunteers
- 25
- Year formed
- 1981
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAITLIN MCCORMICK SMALL | PRESIDENT Trustee or director, Officer | 40 | $129,321 | $2,762 |
| DIANA MATHEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN GOEBEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DICK MORGAN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT BEYER | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| JIM OKER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JEROME PIEH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER WELD JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS DORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COURTNEY SCHOON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERMAN DISLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES JANDL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA FERRANTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH NEU | CFO Officer | 40 | $119,326 | $12,598 |
| CAITLIN MCCORMICK SMALL | PRESIDENT Officer | 40 | $112,769 | $12,533 |
| DIANA MATHEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN GOEBEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DICK MORGAN | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| SCOTT BEYER | CLERK Trustee or director | 1 | $0 | $0 |
| JIM OKER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JEROME PIEH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER WELD JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS DORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COURTNEY SCHOON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERMAN DISLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES JANDL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA FERRANTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAITLIN MCCORMICK SMALL | PRESIDENT Officer | 40 | $140,000 | $10,176 |
| ELIZABETH NEU | CFO Officer | 40 | $108,973 | $13,643 |
| DIANA MATHEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN GOEBEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DICK MORGAN | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| SCOTT BEYER | CLERK Trustee or director | 1 | $0 | $0 |
| JIM OKER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JEROME PIEH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER WELD JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS DORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COURTNEY SCHOON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERMAN DISLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES JANDL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA FERRANTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 719 CABOT ST, BEVERLY, MA 01915-1027
- Principal officer (990 for 2025)
- CAITLIN SMALL, 719 CABOT ST, BEVERLY, MA 01915
- Signed the 990
- CAITLIN SMALL, EXECUTIVE DIRECTOR
- Phone
- (978) 524-4500
- Website
- WWW.PA.ORG
- Return prepared by
- STOWE & DEGON LLC
Mission
DEVELOP AND DISSEMINATE MODEL ADVENTURE BASED PROGRAMS FOR BOTH THERAPEUTIC ORGANIZATIONS AND CORPORATE TRAINING PROGRAMS THROUGHOUT THE WORLD.
Program accomplishments
- CONSULTING, INSTRUCTION AND WORKSHOPS PRESENTING THE ADVENTURE PROGRAMMING AND TOOLS TO IMPLEMENT PROGRAMS IN SCHOOLS AND OTHER EDUCATIONAL INSTITUTIONS.Expenses $3,226,496 · revenue $3,688,478
- PROGRAM SERVICES-CONSULTING, INSTRUCTION AND WORKSHOPS PRESENTING THE ADVENTURE PROGRAMING AND TOOLS TO IMPLEMENT PROGRAMS IN SCHOOLS AND OTHER EDUCATION INSTITUTIONS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2749823
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,113,182
- Income (IRS master file)
- $4,029,421
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,029,421 | $4,118,988 | $2,113,182 | XML |
| 990 | December 2024 | $4,153,260 | $4,064,795 | $2,191,036 | IRS |
| 990 | December 2023 | $3,687,060 | $3,658,339 | $2,304,231 | XML |
| 990 | December 2022 | $3,884,977 | $3,446,951 | $2,097,644 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2749823).
Questions about PROJECT ADVENTURE INC
- What is the EIN of PROJECT ADVENTURE INC?
- The employer identification number (EIN) of PROJECT ADVENTURE INC is 04-2749823.
- Is PROJECT ADVENTURE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to PROJECT ADVENTURE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECT ADVENTURE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROJECT ADVENTURE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROJECT ADVENTURE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROJECT ADVENTURE INC?
- The 990 for the year ended December 31, 2025 names CAITLIN SMALL.
- Who are the officers and directors of PROJECT ADVENTURE INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $129,321 (CAITLIN MCCORMICK SMALL, PRESIDENT).
- How much revenue does PROJECT ADVENTURE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,029,421, expenses of $4,118,988 and total assets of $2,113,182 at year end.
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