Quick charity verification for Project Renewal Of Davenport Inc (EIN: 134292017)
Verdict: Project Renewal Of Davenport Inc appears trustworthy
92/100Mission Score
$1.2MRevenue
$2.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $153,001 in 2014 to $640,046 in 2023.
Significant asset growth, from $202,288 in 2014 to $1,437,274 in 2023.
Zero reported liabilities across all 10 years of filings, indicating strong financial stability.
0% officer compensation reported, suggesting resources are directed to programs.
Consistent positive net income (revenue exceeding expenses) in most recent years, demonstrating sustainability.
Spending Breakdown
How Project Renewal Of Davenport Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Renewal Of Davenport Inc
Is Project Renewal Of Davenport Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Renewal Of Davenport Inc (EIN: 134292017) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Project Renewal Of Davenport Inc a good charity to donate to?
Project Renewal Of Davenport Inc has a Mission Score of 92/100. Revenue: $1.2M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Project Renewal Of Davenport Inc?
The Employer Identification Number (EIN) for Project Renewal Of Davenport Inc is 134292017. 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 Renewal Of Davenport Inc spend its money?
Project Renewal Of Davenport Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Project Renewal Of Davenport Inc's tax-exempt status?
You can verify Project Renewal Of Davenport Inc's tax-exempt status using EIN 134292017 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 Renewal Of Davenport Inc demonstrates strong financial health and growth, with its assets increasing significantly from $202,288 in 2014 to $1,437,274 in 2023. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in most recent years, such as $640,046 in revenue against $525,304 in expenses in 2023. This indicates effective financial management and sustainability. The absence of reported liabilities across all available filings further underscores a very healthy balance sheet and low financial risk.
The organization's spending efficiency appears robust, particularly given the consistent growth in assets and the positive net income. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that the organization is managing its resources effectively to achieve its mission. The consistent growth in revenue and assets over a decade points to increasing capacity and impact.
Transparency is high, as indicated by the availability of 13 years of IRS 990 filings and the explicit reporting of 0% officer compensation, which simplifies the analysis of resource allocation. The clear financial trajectory and lack of liabilities contribute to a positive assessment of its financial transparency and accountability.