Fair Opportunity Project
EIN: 822192047 · Madison, WI · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $246K |
| Net Assets | $28K |
Is Fair Opportunity Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fair Opportunity Project
Fair Opportunity Project (EIN: 822192047) is a nonprofit organization based in Madison, WI, classified under NTEE code B90. The organization reported total revenue of $356K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fair Opportunity Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fair Opportunity Project is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 73.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $246K |
| Surplus / Deficit | $-69,175 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -39.1% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2024, Fair Opportunity Project reported a deficit of $69K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2022–2024), Fair Opportunity Project's revenue has grown at a compound annual growth rate (CAGR) of 73.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.6% | +26.0% | +71.0% |
| 2023 | +240.4% | +187.1% | +43.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fair Opportunity 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 Fair Opportunity 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
Frequently Asked Questions about Fair Opportunity Project
Is Fair Opportunity Project a legitimate charity?
Fair Opportunity Project (EIN: 822192047) is a registered tax-exempt nonprofit based in Wisconsin. It has 3 years of IRS 990 filings on record. Total revenue: $356K. No red flags identified. Financial health grade: C.
How does Fair Opportunity Project spend its money?
Fair Opportunity Project reported $356K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fair Opportunity Project tax-deductible?
Fair Opportunity Project is registered as a tax-exempt nonprofit (EIN: 822192047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fair Opportunity Project located?
Fair Opportunity Project is headquartered in Madison, Wisconsin and files with the IRS under EIN 822192047. It is classified under NTEE code B90.
How many years of IRS 990 filings does Fair Opportunity Project have?
Fair Opportunity Project has 3 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 $356K in total revenue.
Filing History
IRS 990 filing history for Fair Opportunity Project showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Fair Opportunity Project's revenue has grown by 200.8%, moving from $59K to $177K. Total assets increased by 146% over the same period, from $12K to $28K. Total functional expenses rose by 261.7%, from $68K to $246K. In its most recent filing year (2024), Fair Opportunity Project reported a deficit of $69K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $177K | $246K | $28K | $0 | — | View 990 |
| 2023 | $200K | $195K | $17K | $200 | — | View 990 |
| 2022 | $59K | $68K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $177K, expenses of $246K, and assets of $28K (revenue -11.6% year-over-year).
- 2023: Revenue of $200K, expenses of $195K, and assets of $17K (revenue +240.4% year-over-year).
- 2022: Revenue of $59K, expenses of $68K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fair Opportunity Project:
Data Sources and Methodology
This transparency report for Fair Opportunity 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.