Is Project G R A C E Legit?

Strengths

Zero officer compensation reported across all filings, maximizing funds for mission.
Healthy asset-to-liability ratio, indicating strong financial stability (e.g., $92,930 assets vs. $2,168 liabilities in 2021).
Consistent IRS 990 filing history over 10 periods, demonstrating transparency and compliance.
Expenses generally managed in line with revenues, avoiding significant long-term deficits.
Stable revenue base over the past decade, suggesting consistent donor support.

Spending Breakdown

How Project G R A C E allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 G R A C E

Is Project G R A C E a legitimate charity?

Based on AI analysis of IRS 990 filings, Project G R A C E (EIN: 10701784) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Project G R A C E a good charity to donate to?

Project G R A C E has a Mission Score of 92/100. Revenue: $154K. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Project G R A C E?

The Employer Identification Number (EIN) for Project G R A C E is 10701784. 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 G R A C E spend its money?

Project G R A C E allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Project G R A C E's tax-exempt status?

You can verify Project G R A C E's tax-exempt status using EIN 10701784 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 G R A C E demonstrates consistent financial activity, with revenues generally fluctuating around the $150,000 mark over the past decade. The organization has maintained a healthy asset base, with assets of $92,930 in 2021, significantly exceeding its liabilities of $2,168. This indicates good financial stability and a low risk of insolvency. The organization's expenses have generally been in line with its revenues, with some periods showing a slight deficit (e.g., 2019, 2015) and others a surplus (e.g., 2021, 2020), suggesting careful management of resources.

Spending efficiency appears to be a strength, as the organization consistently reports 0% officer compensation, indicating that all revenue is directed towards its mission and operational costs rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation is a strong indicator of efficient resource allocation. The consistent filing of IRS Form 990 over ten periods also points to a commitment to transparency and compliance with regulatory requirements.

Overall, Project G R A C E appears to be a financially stable and efficiently managed nonprofit. Its consistent revenue, healthy asset-to-liability ratio, and lack of executive compensation suggest a strong focus on its mission and responsible stewardship of donor funds. Further analysis of program-specific spending would provide a more granular view of its impact.

Verdict: Project G R A C E appears trustworthy