Fairy Godmother Project
EIN: 454299835 · Fredericksbrg, VA · NTEE: P58
| Metric | Value |
|---|---|
| Total Revenue | $529K |
| Total Expenses | $455K |
| Net Assets | $711K |
Is Fairy Godmother Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairy Godmother Project
Fairy Godmother Project (EIN: 454299835) is a nonprofit organization based in Fredericksbrg, VA, classified under NTEE code P58. The organization reported total revenue of $529K and total assets of $677K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairy Godmother Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairy Godmother Project is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 19.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $455K |
| Surplus / Deficit | $-58,548 |
| Total Assets | $720K |
| Total Liabilities | $9K |
| Net Assets | $711K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 19.0 months |
Financial Health Grade: B
In 2023, Fairy Godmother Project reported a deficit of $59K with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Fairy Godmother Project's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.3% | +18.3% | -8.5% |
| 2022 | +9.6% | +22.5% | +6.8% |
| 2021 | +20.5% | +18.6% | +9.6% |
| 2020 | -23.6% | -10.1% | +8.9% |
| 2019 | +8.3% | +15.6% | +23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairy Godmother 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 Fairy Godmother 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 deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Fairy Godmother Project
Is Fairy Godmother Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairy Godmother Project (EIN: 454299835) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fairy Godmother Project spend its money?
Detailed spending breakdown data is not yet available for Fairy Godmother Project. Check back for updated IRS 990 analysis.
Are donations to Fairy Godmother Project tax-deductible?
Fairy Godmother Project is registered as a tax-exempt nonprofit (EIN: 454299835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairy Godmother Project located?
Fairy Godmother Project is headquartered in Fredericksbrg, Virginia and files with the IRS under EIN 454299835. It is classified under NTEE code P58.
How many years of IRS 990 filings does Fairy Godmother Project have?
Fairy Godmother Project has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $529K in total revenue.
Filing History
IRS 990 filing history for Fairy Godmother Project showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Fairy Godmother Project's revenue has grown by 579.6%, moving from $58K to $396K. Total assets increased by 1713.2% over the same period, from $40K to $720K. Total functional expenses rose by 2217.3%, from $20K to $455K. In its most recent filing year (2023), Fairy Godmother Project reported a deficit of $59K, with expenses exceeding revenue. The organization holds $9K in liabilities against $720K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $711K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $455K | $720K | $9K | — | — |
| 2022 | $418K | $384K | $787K | $17K | — | View 990 |
| 2021 | $382K | $314K | $736K | $5K | — | View 990 |
| 2020 | $317K | $265K | $671K | $8K | — | View 990 |
| 2019 | $415K | $294K | $617K | $6K | — | View 990 |
| 2018 | $383K | $255K | $500K | $10K | — | View 990 |
| 2017 | $325K | $235K | $364K | $2K | — | View 990 |
| 2016 | $269K | $226K | $274K | $2K | — | View 990 |
| 2015 | $212K | $151K | $232K | $2K | — | View 990 |
| 2014 | $157K | $112K | $170K | $2K | — | View 990 |
| 2013 | $133K | $49K | $125K | $1K | — | View 990 |
| 2012 | $58K | $20K | $40K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $455K, and assets of $720K (revenue -5.3% year-over-year).
- 2022: Revenue of $418K, expenses of $384K, and assets of $787K (revenue +9.6% year-over-year).
- 2021: Revenue of $382K, expenses of $314K, and assets of $736K (revenue +20.5% year-over-year).
- 2020: Revenue of $317K, expenses of $265K, and assets of $671K (revenue -23.6% year-over-year).
- 2019: Revenue of $415K, expenses of $294K, and assets of $617K (revenue +8.3% year-over-year).
- 2018: Revenue of $383K, expenses of $255K, and assets of $500K (revenue +17.7% year-over-year).
- 2017: Revenue of $325K, expenses of $235K, and assets of $364K (revenue +21.0% year-over-year).
- 2016: Revenue of $269K, expenses of $226K, and assets of $274K (revenue +27.1% year-over-year).
- 2015: Revenue of $212K, expenses of $151K, and assets of $232K (revenue +35.0% year-over-year).
- 2014: Revenue of $157K, expenses of $112K, and assets of $170K (revenue +17.7% year-over-year).
- 2013: Revenue of $133K, expenses of $49K, and assets of $125K (revenue +128.4% year-over-year).
- 2012: Revenue of $58K, expenses of $20K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairy Godmother Project:
Data Sources and Methodology
This transparency report for Fairy Godmother 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.