Elisha Project
EIN: 454507647 · Lincoln, RI · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $5.4M |
| Net Assets | $521K |
Is Elisha Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elisha Project
Elisha Project (EIN: 454507647) is a nonprofit organization based in Lincoln, RI, classified under NTEE code P30. The organization reported total revenue of $5.1M and total assets of $726K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elisha Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elisha Project is a mid-size nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$14K |
| Total Assets | $713K |
| Total Liabilities | $192K |
| Net Assets | $521K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 26.9% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2023, Elisha Project reported a surplus of $14K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 26.9% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Elisha Project's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.8% | -35.5% | -4.2% |
| 2022 | +25.5% | +31.6% | +15.1% |
| 2021 | +147.8% | +139.9% | +164.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elisha Project has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elisha Project with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.9%.
Frequently Asked Questions about Elisha Project
Is Elisha Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Elisha Project (EIN: 454507647) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elisha Project spend its money?
Detailed spending breakdown data is not yet available for Elisha Project. Check back for updated IRS 990 analysis.
Are donations to Elisha Project tax-deductible?
Elisha Project is registered as a tax-exempt nonprofit (EIN: 454507647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elisha Project located?
Elisha Project is headquartered in Lincoln, Rhode Island and files with the IRS under EIN 454507647. It is classified under NTEE code P30.
How many years of IRS 990 filings does Elisha Project have?
Elisha Project has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5.1M in total revenue.
Filing History
IRS 990 filing history for Elisha Project showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Elisha Project's revenue has grown by 99.5%, moving from $2.7M to $5.4M. Total assets increased by 191.6% over the same period, from $244K to $713K. Total functional expenses rose by 103.5%, from $2.6M to $5.4M. In its most recent filing year (2023), Elisha Project reported a surplus of $14K, with revenue exceeding expenses. The organization holds $192K in liabilities against $713K in assets (debt-to-asset ratio: 26.9%), resulting in net assets of $521K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $5.4M | $713K | $192K | — | — |
| 2022 | $8.4M | $8.3M | $744K | $237K | — | — |
| 2021 | $6.7M | $6.3M | $646K | $199K | — | View 990 |
| 2020 | $2.7M | $2.6M | $244K | $151K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $5.4M, and assets of $713K (revenue -35.8% year-over-year).
- 2022: Revenue of $8.4M, expenses of $8.3M, and assets of $744K (revenue +25.5% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.3M, and assets of $646K (revenue +147.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.6M, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elisha Project:
Data Sources and Methodology
This transparency report for Elisha Project is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.