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Nonprofit · EIN 62-1058325

PROJECT RETURN INC

Tax-exempt · NASHVILLE, TN 37210

Financials

$7.8M$7.5M2022$6.3M$6.9M2023$4.9M$5.3M2024
Revenue Expenses · by fiscal year end
Financials of PROJECT RETURN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,896,194$5,270,091-$373,897$9,720,510$4,456,441$5,264,069
June 30, 2024990$6,292,553$6,850,380-$557,827$9,242,533$3,588,410$5,654,123
June 30, 2023990$7,796,709$7,472,033$324,676$9,581,767$3,058,477$6,523,290
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,470,358
of which government grants
$2,406,767
Program service revenue
$1,366,999
Investment income
$9,276
Net rental income
$25,951
Net gain from sales of assets
$8,891
Other revenue
$49,561

Expenses

Grants and similar amounts paid
$199,470
Compensation of officers, directors and key employees
$349,117
Other salaries and wages
$2,178,181
Salaries, compensation and benefits (total)
$3,230,998
Professional fundraising fees
$0
Legal fees
$1,305
Accounting fees
$81,590
Occupancy
$231,942
Travel
$13,430
Depreciation
$438,392
Program services (functional)
$3,350,309
Management and general (functional)
$1,776,205
Fundraising (functional)
$143,577

Balance sheet and other

Total assets, start of year
$9,242,533
Total assets, end of year
$9,720,510
Total liabilities, end of year
$4,456,441
Net assets, end of year
$5,264,069
Land, buildings and equipment
$8,000,524
Net assets without donor restrictions
-$1,692,364
Net assets with donor restrictions
$6,956,433
Gross receipts
$4,896,194
Employees
300
Volunteers
20
Year formed
1979
State of legal domicile
TN

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RICO XCEO
Officer
40$153,334$0
ELIZABETH HAYESCOO
Officer
40$117,727$17,188
ROSALIE RUSSOCFO
Officer
40$60,867$0
KELLY HARTERPRESIDENT
Trustee or director, Officer
1$0$0
VIRGINIA BURNETTVICE PRESIDENT
Trustee or director, Officer
1$0$0
BOB BREWERTREASURER
Trustee or director, Officer
1$0$0
BERNARD TURNERSECRETARY
Trustee or director, Officer
1$0$0
DUSTIN CARLTONBOARD MEMBER
Trustee or director
1$0$0
ALONZO CHEEKSBOARD MEMBER
Trustee or director
1$0$0
MARK EPPSBOARD MEMBER
Trustee or director
1$0$0
MARK FLEMINGBOARD MEMBER
Trustee or director
1$0$0
MALCOLM HARRISBOARD MEMBER
Trustee or director
1$0$0
IKE NWAELELEBOARD MEMBER
Trustee or director
1$0$0
CATHY SPENCERBOARD MEMBER
Trustee or director
1$0$0
CHARLES STORYBOARD MEMBER
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
KURT WESTGARDBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH HAYESCOO
Officer
40$117,802$17,692
RICO XCEO
Officer
40$100,000$0
CHARLES STORYPRESIDENT
Trustee or director, Officer
0.5$0$0
KELLY HARTERVICE PRESIDE
Trustee or director, Officer
0.5$0$0
IKE NWAELELETREASURER
Trustee or director, Officer
0.5$0$0
BERNARD TURNERSECRETARY
Trustee or director, Officer
0.5$0$0
ELAINA AL-NIMRIBOARD MEMBER
Trustee or director
0.5$0$0
BOB BREWERBOARD MEMBER
Trustee or director
0.5$0$0
DUSTIN CARLTONBOARD MEMBER
Trustee or director
0.5$0$0
MARK EPPSBOARD MEMBER
Trustee or director
0.5$0$0
MARK FLEMINGBOARD MEMBER
Trustee or director
0.5$0$0
MALCOLM HARRISBOARD MEMBER
Trustee or director
0.5$0$0
GINNY BURNETTBOARD MEMBER
Trustee or director
0.5$0$0
EDWIN SANDERSBOARD MEMBER
Trustee or director
0.5$0$0
CATHY SPENCERBOARD MEMBER
Trustee or director
0.5$0$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH HAYESCOO
Officer
40$110,896$12,424
CHARLES STORYPRESIDENT
Trustee or director, Officer
0.5$0$0
KELLY HARTERVICE PRESIDE
Trustee or director, Officer
0.5$0$0
IKE NWAELELETREASURER
Trustee or director, Officer
0.5$0$0
BERNARD TURNERSECRETARY
Trustee or director, Officer
0.5$0$0
ELAINA AL-NIMRIBOARD MEMBER
Trustee or director
0.5$0$0
BOB BREWERBOARD MEMBER
Trustee or director
0.5$0$0
DUSTIN CARLTONBOARD MEMBER
Trustee or director
0.5$0$0
MARK EPPSBOARD MEMBER
Trustee or director
0.5$0$0
MARK FLEMINGBOARD MEMBER
Trustee or director
0.5$0$0
MALCOLM HARRISBOARD MEMBER
Trustee or director
0.5$0$0
GINNY BURNETTBOARD MEMBER
Trustee or director
0.5$0$0
EDWIN SANDERSBOARD MEMBER
Trustee or director
0.5$0$0
CATHY SPENCERBOARD MEMBER
Trustee or director
0.5$0$0
RICO XCEO
Officer
40$0$0

Address and contacts

Address (IRS master file)
109 LAFAYETTE ST, NASHVILLE, TN 37210-3432
Principal officer (990 for 2024)
KELSEY HALL, 109 LAFAYETTE STREET, NASHVILLE, TN 372103432
Signed the 990
KELSEY HALL, INTERIM EXECUTIVE OFFICER
Phone
(615) 327-9654
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

PEOPLE WHO HAVE JUST BEEN RELEASED FROM PRISON ARE TYPICALLY STIGMATIZED, OVERLOOKED, AND PIGEONHOLED BY SOCIETY. WHEN THEY WALK(CONTINUED ON SCHEDULE O)INTO PROJECT RETURN, THEY DISCOVER THAT HERE THEY ARE VALUED, HEARD, AND ENCOURAGED. WHILE REDUCTION OF INCARCERATION AND OTHER CRIMINAL JUSTICE REFORM CONTINUES TO ELUDE THE U.S., PROJECT RETURN SERVES AS PART OF THE SOLUTION. PROJECT RETURN IS SOLELY DEDICATED TO THE SUCCESSFUL NEW BEGINNINGS OF PEOPLE RETURNING TO OUR COMMUNITY AFTER INCARCERATION. NOW IN ITS 45TH YEAR OF SERVICE TO TENNESSEE, PROJECT RETURN PROVIDES REENTRY ASSISTANCE, INCLUDING WORKFORCE DEVELOPMENT, TO HUNDREDS OF MEN AND WOMEN EACH YEAR.

990 for the year ended June 30, 2025

Program accomplishments

  • JOB READINESS PROGRAM AND WRAPAROUND SERVICES: EVERY WEEK, PROJECT RETURN CONDUCTS A 2.5-DAY COURSE THAT EQUIPS OUR PARTICIPANTS WITH THE SOFT SKILLS NEEDED TO BE SUCCESSFUL IN THE WORKPLACE. FOR PEOPLE BEING RELEASED FROM PRISON AND RETURNING TO THE COMMUNITY, THIS PROGRAM PROVIDES SKILLS, INDIVIDUALIZED SUPPORT, AND OPORTUNITIES TO FIND AND KEEP A JOB. OUR CURRICULUM INCORPORATES FINANCIAL LITERACY, RELAPSE PREVENTION, AND DIGITAL LITERACY. COMPLETION OF OUR JOB READINESS CLASSES LEADS TO A STRUCTURED DAY OF INDIVIDUALIZED ASSISTANCE, INCLUDING RESUME DEVELOPMENT, MOCK INTERVIEWING, AND JOB SEARCH PLANNING. (CONTINUED ON SCHEDULE O)DURING CLASS COMPLETION DAY, PROJECT RETURN STAFF EVALUATES AND ADDRESS PARTICIPANTS' IMMEDIATE, CRITICAL NEEDS, PROVIDING WRAPAROUND SUPPORTIVE SERVICES SUCH AS: PURCHASING BIRTH CERTIFICATES AND PHOTO IDS; HOUSING ASSISTANCE IN THE FORM OF REFERRALS; PAYING FOR MEDICAL, DENTAL, AND VISION EXAMS; BUS PASSES AND FOOD BAGS; AND TOOLS AND CLOTHING FOR WORK. ADDITIONAL PROGRAMS AT PROJECT RETURN INCLUDE CHILD SUPPORT SERVICES, JOB RETENTION SERVICES, HARD SKILLS TRAINING COURSES, AND AN ENTREPRENEURSHIP PROGRAM.
    Expenses $1,376,162 · grants $199,470 · revenue $49,561
  • PRO HOUSING: THE TYPICAL HOUSING TRAJECTORY WE SEE FOR OUR PEOPLE IS THAT THEY ARE FORTUNATE TO RESIDE IN TEMPORARY HOUSING FOR THE FIRST FEW MONTHS OF THEIR RELEASE, BUT IT EVENTUALLY COMES TO AN END AND THEY MUST LOOK FOR AFFORDABLE RENTAL OPPORTUNITIES. DESPITE THE FACT THAT THESE INDIVIDUALS EARN SATISFACTORY WAGES AND ARE RELIABLE TAXPAYERS IN OUR COMMUNITY, STIGMA OFTEN LEADS TO EXCLUSION FROM THE PRIVATE MARKET, AS LANDLORDS ARE FREE TO USE CONVICTION HISTORY AS A BASIS FOR REJECTING THEIR APPLICATIONS. IT CAN BE PRACTICALLY IMPOSSIBLE FOR THEM TO GET ON A LEASE, DESPITE THEIR STEADY INCOME, SOLID REFERENCES, CAREFUL FINANCIAL MANAGEMENT, AND OVERALL WHEREWITHAL. (CONTINUED ON SCHEDULE O)ADDITIONALLY, RESEARCH SHOWS THAT THOSE WHO HAVE BEEN TO PRISON JUST ONCE EXPERIENCE HOMELESSNESS AT A RATE 7 TIMES HIGHER THAN THE GENERAL PUBLIC, WHILE THOSE WHO HAVE BEEN INCARCERATED MULTIPLE TIMES EXPERIENCE HOMELESSNESS AT A RATE 13 TIMES HIGHER THAN THOSE WHO HAVEN'T BEEN INCARCERATED AT ALL. RECOGNIZING THIS SEVERE NEED FOR ACCESSIBLE AFFORDABLE RENTAL HOUSING FOR PEOPLE WITH A CONVICTION HISTORY, AND FOLLOWING THE SUCCESS OF PROE PROJECT RETURN LAUNCHED ITS SECOND SOCIAL ENTERPRISE, PROH (PROJECT RETURN OPPORTUNITIES FOR HOUSING), IN 2017. THROUGH PROH, PROJECT RETURN ACQUIRES AND REHABS MODEST, SCATTERED-SITE (ANTI-ENCLAVE), MULTI-FAMILY PROPERTIES, WHICH ARE AVAILABLE TO RENT FOR THOSE WHO HAVE COME THROUGH PROJECT RETURN'S PROGRAMS. SINCE LAUNCH IN 2017, PROJECT RETURN HAS PURCHASED AND REHABBED 38 UNITS (DUPLEXES AND TRIPLEXES) IN SITES SCATTERED ACROSS NASHVILLE AND CHATTANOOGA FOR RENT TO PEOPLE WHO ARE LEADING SUCCESSFUL NEW LIVES AFTER INCARCERATION. SPEAKING TO THE SUCCESS OF PROH, RECIDIVISM RATES OF OUR PROH TENANTS IS 3% AFTER EIGHT YEARS OF OPERATION. BY PROVIDING SAFE, STABLE, PERMANENT HOUSING, INDIVIDUALS CAN LEAD PRODUCTIVE, SUCCESSFUL LIVES AND LEAVE PRISON BEHIND.
    Expenses $308,631 · revenue $283,788
  • PRO EMPLOYMENT (PROE) AND PRO PROPERTY SOLUTIONS (PROPS): DESPITE INCREASING AWARENESS AND WILLINGNESS OF EMPLOYERS TO HIRE PEOPLE WITH CONVICTION HISTORIES, THERE IS STILL TREMENDOUS RELUCTANCE TO HIRE PEOPLE IMMEDIATELY AFTER THEIR RELEASE FROM INCARCERATION. PROJECT RETURN OFFERS INNOVATIVE, EMPLOYMENT-CREATING SOCIAL ENTERPRISES AS A SOLUTION. PROE (PROJECT RETURN OPPORTUNITIES FOR EMPLOYMENT), LAUNCHED IN 2013, FUNCTIONS AS A TRANSITIONAL JOBS PROGRAM THAT BRIDGES THE GAP BETWEEN INCARCERATION AND EMPLOYMENT. THROUGH PROE, PROJECT RETURN HIRES ELIGIBLE PARTICIPANTS TEMPORARILY AND PLACES THEM IN JOBS ON THE WORKSITES OF PARTNERING EMPLOYERS. (CONTINUED ON SCHEDULE O)THOSE COMPANIES GAIN MUCH-NEEDED WORKERS, WHILE PROJECT RETURN'S MOTIVATED JOB SEEKERS GAIN AN IMMEDIATE INCOME AND VALUABLE WORK EXPERIENCE, PROPELLING THEM INTO LONG-TERM EMPLOYMENT. PROJECT RETURN OUTFITS THEM FOR THE JOB, AND PROVIDES TRANSITIONAL EMPLOYEES WITH JOB COACHING, TRAINING, TRANSPORTATION, AND WRAPAROUND SUPPORT. THROUGH PROE, OUR PARTICIPANTS GAIN REAL-WORLD WORK EXPERIENCE ON THE JOB, AS WELL AS OUR INDIVIDUALIZED COACHING AND FEEDBACK, TRANSPORTATION, AND OTHER CRITICAL ASSISTANCE, AND PROJECT RETURN GENERATES EARNED INCOME FOR THE OPERATION AND GROWTH OF THIS EMPLOYMENT-CREATING SOCIAL ENTERPRISE.
    Expenses $1,665,516 · revenue $1,083,211

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-1058325
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,720,510
Income (IRS master file)
$4,896,194

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,896,194$5,270,091$9,720,510XML
990June 2024$6,292,553$6,850,380$9,242,533IRS
990June 2023$7,796,709$7,472,033$9,581,767XML
990June 2022$9,325,657$6,974,804$7,853,062IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 62-1058325).

Questions about PROJECT RETURN INC

What is the EIN of PROJECT RETURN INC?
The employer identification number (EIN) of PROJECT RETURN INC is 62-1058325.
Is PROJECT RETURN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to PROJECT RETURN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROJECT RETURN 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 RETURN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROJECT RETURN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PROJECT RETURN INC?
The 990 for the year ended June 30, 2025 names KELSEY HALL.
Who are the officers and directors of PROJECT RETURN INC?
The 990 for the year ended June 30, 2025 lists 16 people; 3 received compensation from the organization, the highest $153,334 (RICO X, CEO).
How much revenue does PROJECT RETURN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,896,194, expenses of $5,270,091 and total assets of $9,720,510 at year end.

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