THE FORMATION PROJECT'S MISSION IS TO PROVIDE ACCESS TO SAFETY, STABILITY, AND CONNECTION. WE STRIVE TO BUILD A RESILIENT COMMUNITY FREE FROM EXPLOITATION BY PROVIDING SOCIAL SERVICES TO SURVIVORS OF HUMAN TRAFFICKING.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in South Carolina.
| Position | Total |
|---|---|
CEO 10th to 25th percentile | $20k $21k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at THE FORMATION PROJECT equaled 3% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 67%
from 2023
From $60k in 2023 to $20k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 65% from 2023 to 2024, while revenue rose 28%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE FORMATION PROJECT
What does the Chief Executive Officer of THE FORMATION PROJECT earn?
In 2024, the Chief Executive Officer of THE FORMATION PROJECT received $20,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Human Services organizations in South Carolina, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE FORMATION PROJECT compare with similar nonprofits?
Compared with the same role at Human Services organizations in South Carolina, the 2024 pay of the Chief Executive Officer at THE FORMATION PROJECT falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE FORMATION PROJECT equaled 3% of the organization's total expenses. The median for human services organizations is 8%.
What are THE FORMATION PROJECT's revenue and expenses?
In 2024, THE FORMATION PROJECT reported $1M in total revenue and $656k in total expenses on its IRS Form 990.
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