Is Project Care Legit?

Quick charity verification for Project Care (EIN: 20441666)

Verdict: Project Care appears trustworthy

85/100Mission Score

$63KRevenue

$117KAssets

1Red Flags

5Strengths

Red Flags

Significant year-over-year revenue fluctuations (e.g., $153,453 in 2020 to $58,799 in 2021) could indicate reliance on unpredictable funding sources.

Strengths

Consistent reporting of zero liabilities across all filings, indicating strong financial health.
No reported officer compensation, suggesting high efficiency and dedication to mission spending.
Consistent growth in net assets over the long term, from $22,574 in 2014 to $110,804 in 2023.
Long and consistent filing history (13 filings), demonstrating good transparency and compliance.
Expenses generally well below revenue, leading to asset accumulation.

Spending Breakdown

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

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Project Care

Is Project Care a legitimate charity?

Based on AI analysis of IRS 990 filings, Project Care (EIN: 20441666) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Project Care a good charity to donate to?

Project Care has a Mission Score of 85/100. Revenue: $63K. Assets: $117K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Project Care?

The Employer Identification Number (EIN) for Project Care is 20441666. 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 Project Care spend its money?

Project Care allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Project Care's tax-exempt status using EIN 20441666 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

Project Care demonstrates a generally stable financial position, with assets consistently exceeding liabilities, indicating good fiscal management. Over the past five years, revenue has fluctuated significantly, from a high of $153,453 in 2020 to a low of $45,938 in 2019, suggesting reliance on variable funding sources. Despite these fluctuations, the organization has maintained positive net assets, growing from $37,992 in 2019 to $110,804 in 2023. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which can contribute to higher program spending efficiency.

Spending efficiency appears strong, as evidenced by the consistent lack of officer compensation. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall expense levels relative to revenue suggest that a significant portion of funds is likely directed towards their mission. For instance, in 2023, expenses were $75,686 against revenues of $90,825, leaving a surplus that contributes to asset growth. The organization's consistent reporting of zero liabilities is a positive indicator of financial health and responsible management.

Transparency is good, with a consistent filing history over 13 periods, providing ample data for analysis. The clear reporting of revenue, expenses, assets, and liabilities, along with the explicit mention of zero officer compensation, offers a straightforward view into their financial operations. This level of consistent and clear reporting enhances donor confidence and allows for effective oversight of the organization's financial activities.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.