PROJECT 40:31, INC. RAISES FUNDS FROM AN ANNUAL GOLF TOURNAMENT AND CHARITY AUCTION. ALL NET PROCEEDS ARE DISTRIBUTED TO IRS APPROVED NON-PROFIT ENTITIES, SUCH AS MAKE A WISH, BOYS AND GIRLS CLUB, PALMER DRUG ABUSE, AND HABITAT FOR HUMANITY. THESE ENTITIES SERVE THE TERMINALLY ILL, UNDERSERVED CHILDREN, DRUG DEPENDENT, AND HOMELESS. BOARD MEMBERS, VOLUNTEERS, AND OTHERS RECEIVE NO COMPENSATION-REIMBURSEMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41K
-55.4% YoY
Annual Giving
$740K
Grant Count
12
Avg Grant Size
$62K
About Project 40 31 Inc
Based on IRS filings
Project 40 31 Inc is a nonprofit organization focused on Human Services, based in HOBBS, NM. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $41K in total assets. In 2024, it awarded 12 grants totaling $740K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $40,707 | $91,218 | $65,531 |
| Revenue | $745,319 | $614,775 | $410,135 |
| Expenses | $768,010 | $589,088 | $383,638 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Make-a-wish Foundation of New Mexico ($400,000), Boys & Girls Club of Hobbs ($75,000), Palmer Drug Abuse Program of Lea County Inc ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAKE-A-WISH FOUNDATION OF NEW MEXICO ALBUQUERQUE, NM | TO GRANT LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. | $400,000 |
| PALMER DRUG ABUSE PROGRAM OF LEA COUNTY INC HOBBS, NM | TO FUND PREVENTION AND RECOVERY PROGRAMS THAT HELP YOUNG PEOPLE AND FAMILIES AVOID OR RECOVER FROM THE DEVASTATING EFFECTS OF DRUG AND ALCOHOL ABUSE. | $60,000 |
| BOYS & GIRLS CLUB OF HOBBS HOBBS, NM | TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE IN NEED, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. | $75,000 |
| HABITAT FOR HUMANITY OF HOBBS NM AREA HOBBS, NM | TO PROMOTE THE MISSION OF BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE TO THE COMMUNITY AND SURROUNDING COMMUNITIES OF HOBBS, NM. | $50,000 |
| LOVINGTON MUNICIPAL SCHOOL DISTRICT LOVINGTON, NM | TO PROVIDE OPPORTUNITIES FOR STUDENTS TO CREATE, ACHIEVE, TRANSFORM, AND SUCCEED IN A SAFE ENVIRONMENT TO REACH THEIR HIGHEST POTENTIAL. | $30,000 |
| LOVINGTON FOOD COALITION LOVINGTON, NM | TO MEET THE NEEDS OF THOSE WHO HAVE INADEQUATE FOOD RESOURCES. | $10,000 |
| LIGHT OF LEA COUNTY HOBBS, NM | TO MAKE A DIFFERENCE IN THE LIVES OF LEA COUNTY RESIDENTS AND THOSE IN SURROUNDING COUNTIES THROUGH FINANCIAL GENEROSITY AND VOLUNTEER COMMITMENT. | $25,000 |
| HEARTS DESIRE INC LOVINGTON, NM | TO HELP INDIVIDUALS TO BECOME MENTALLY, EMOTIONALLY, PHYSICALLY, AND SPIRITUALLY WHOLE AND TO MEET THE NEEDS OF THIS COMMUNITY ONE LIFE AT A TIME. | $15,000 |
| UNITY RECOVERY SOLUTIONS HOBBS, NM | TO PROVIDE NON-CLINICAL, PEER-BASED RECOVERY SUPPORT SERVICES THAT SUPPORT INDIVIDUALS AND FAMILY MEMBERS ON THEIR PATHS TO RECOVERY. | $15,000 |
| CROSSWINDS COMMUNITY CHURCH HOBBS, NM | TO ENGAGE IN AND PROMOTE RELIGIOUS PRACTICES IN THE HOBBS COMMUNITY THROUGH CHURCH SERVICES AND VARIOUS MINISTRIES. | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIDGETTE CURTIS | BOARD MEMBER | 1 | — |
| SCOTT CURTIS | BOARD MEMBER | 1 | — |
| CLAY GOODWIN | BOARD MEMBER | 1 | — |
| JUSTIN ROBERTS | PRESIDENT | 1 | — |
| MELISSA SOTO | SECRETARY | 1 | — |
| HAYDEN HOLUB | VICE PRESIDENT | 1 | — |
| TABATHA COFFEY | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Project 40 31 Inc?
Project 40 31 Inc is a nonprofit organization focused on Human Services, based in HOBBS, NM. It holds $41K in total assets as of 2024.
How large is Project 40 31 Inc?
As of 2024, Project 40 31 Inc holds $41K in total assets with $745K in annual revenue. It awarded 12 grants totaling $740K in 2024.
Where does Project 40 31 Inc operate?
Project 40 31 Inc has awarded grants in New Mexico.
What size grants does Project 40 31 Inc award?
In 2024, Project 40 31 Inc awarded 12 grants totaling $740K — an average of about $62K per grant, based on its IRS Form 990 filings.
What is Project 40 31 Inc's EIN?
Project 40 31 Inc's EIN (Employer Identification Number) is 27-4203557. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Project 40 31 Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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