Is More Project Legit?

Red Flags

Dramatic decline in revenue from $3.47 million to $26,139 over seven years, indicating severe operational contraction.
Assets reduced to $1 in the latest filing, suggesting a complete depletion of financial reserves.
Expenses ($50,929) significantly exceeded revenue ($26,139) in the latest filing, further eroding its minimal financial base.
Unusual consistent reporting of $0 officer compensation even during periods of multi-million dollar operations, which could indicate reliance on unpaid leadership or an alternative compensation structure.

Spending Breakdown

How More Project allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about More Project

Is More Project a legitimate charity?

Based on AI analysis of IRS 990 filings, More Project (EIN: 203770594) has notable concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.

Is More Project a good charity to donate to?

More Project has a Mission Score of 20/100. Revenue: $26K. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for More Project?

The Employer Identification Number (EIN) for More Project is 203770594. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does More Project spend its money?

More Project allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify More Project's tax-exempt status?

You can verify More Project's tax-exempt status using EIN 203770594 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

More Project has experienced a significant decline in financial activity over the past several years, with revenue plummeting from a peak of $3,470,422 in 2011 to just $26,139 in 2018. This dramatic decrease in funding raises concerns about the organization's long-term sustainability and ability to carry out its mission. The organization consistently reported zero officer compensation across all filings, which is unusual for an organization that once managed millions in revenue and expenses, and could indicate reliance on volunteer leadership or a lack of transparency regarding compensation structures if paid staff exist. The latest filing shows expenses ($50,929) significantly exceeding revenue ($26,139), further eroding its minimal asset base of $1.

The organization's asset base has also shrunk considerably, from over $800,000 in 2011 to a mere $1 in 2018, indicating a severe depletion of reserves. While liabilities have also decreased, the near-zero asset level suggests the organization is operating on a hand-to-mouth basis, if at all. The consistent reporting of $0 officer compensation across all periods, even when revenues were in the millions, is a notable point regarding transparency, as it suggests either an entirely volunteer-run operation or that compensation is structured in a way not reported as officer compensation on the 990-EZ form (which they filed in 2018). Given the drastic reduction in scale, the current financial health appears extremely precarious.

Without detailed expense breakdowns for program, administrative, and fundraising costs, it's challenging to assess spending efficiency precisely. However, the overall trend of declining revenue and assets, coupled with expenses exceeding revenue in recent periods, points to significant operational challenges. The organization's transparency regarding executive compensation is high, as it consistently reports $0, but the overall financial picture is one of an organization that has largely ceased significant operations.

Verdict: More Project has notable concerns