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Filing year 2024

THE FORMATION PROJECT

North Charleston, South Carolina·EIN 84-4695937·NTEE P80 · Human Services·3
Total revenue
$1M
Total assets
$882k
Total expenses
$656k
Reported officers
11
Mission

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 · Schedule J · 1 reported individual · Filing year 2024

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.

Browse compensation in Human Services

Down 67%
from 2023

From $60k in 2023 to $20k in 2024.

$60k
2023
$20k
2024
In today's dollarsEst.
Down 68% in real terms$66k to $21k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE FORMATION PROJECT reported revenue and expenses across 2 filing years.

RevenueExpenses
$815k
$792k
2023
$1M
$656k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in South Carolina

Comparable human services organizations in South Carolina pay their highest-earning executive a median of $52,756.

25th percentile
$29k
Median
$52,756
75th percentile
$84k
90th percentile
$114k

These are human services sector-wide figures, not this organization's reported pay. Based on 113 organizations across 113 filings (2022 – 2023).

See full Human Services pay data for South Carolina
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