Free Migration Project
EIN: 811938695 · Philadelphia, PA · NTEE: Q71
| Metric | Value |
|---|---|
| Total Revenue | $509K |
| Total Expenses | $204K |
| Net Assets | $-14,671 |
Is Free Migration Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Free Migration Project
Free Migration Project (EIN: 811938695) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code Q71. The organization reported total revenue of $509K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Free Migration Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Free Migration Project is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $204K |
| Surplus / Deficit | $-26,150 |
| Total Assets | $16K |
| Total Liabilities | $31K |
| Net Assets | $-14,671 |
| Operating Margin | -14.7% |
| Debt-to-Asset Ratio | 189.1% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2023, Free Migration Project reported a deficit of $26K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 189.1% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Free Migration Project's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.1% | -31.9% | -41.6% |
| 2022 | +24.1% | +43.4% | -65.1% |
| 2021 | +32.5% | +63.7% | +41.4% |
| 2020 | +48.8% | +79.4% | +35.4% |
| 2019 | +24.6% | +13.8% | +141.2% |
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 Free Migration 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 Free Migration 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 $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 189.1%.
Frequently Asked Questions about Free Migration Project
Is Free Migration Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Free Migration Project (EIN: 811938695) insufficient data. 0 red flags identified, 0 strengths noted.
How does Free Migration Project spend its money?
Detailed spending breakdown data is not yet available for Free Migration Project. Check back for updated IRS 990 analysis.
Are donations to Free Migration Project tax-deductible?
Free Migration Project is registered as a tax-exempt nonprofit (EIN: 811938695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Free Migration Project located?
Free Migration Project is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 811938695. It is classified under NTEE code Q71.
How many years of IRS 990 filings does Free Migration Project have?
Free Migration Project has 8 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 $509K in total revenue.
Filing History
IRS 990 filing history for Free Migration Project showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Free Migration Project's revenue has grown by 139.3%, moving from $74K to $178K. Total assets decreased by 30.9% over the same period, from $24K to $16K. Total functional expenses rose by 304.1%, from $50K to $204K. In its most recent filing year (2023), Free Migration Project reported a deficit of $26K, with expenses exceeding revenue. The organization holds $31K in liabilities against $16K in assets (debt-to-asset ratio: 189.1%), resulting in net assets of $-14,671.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $178K | $204K | $16K | $31K | — | — |
| 2022 | $234K | $299K | $28K | $17K | — | View 990 |
| 2021 | $189K | $209K | $81K | $4K | — | View 990 |
| 2020 | $142K | $127K | $57K | $0 | — | View 990 |
| 2019 | $96K | $71K | $42K | $0 | — | View 990 |
| 2018 | $77K | $62K | $17K | $0 | — | View 990 |
| 2017 | $45K | $66K | $3K | $0 | — | View 990 |
| 2016 | $74K | $50K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $178K, expenses of $204K, and assets of $16K (revenue -24.1% year-over-year).
- 2022: Revenue of $234K, expenses of $299K, and assets of $28K (revenue +24.1% year-over-year).
- 2021: Revenue of $189K, expenses of $209K, and assets of $81K (revenue +32.5% year-over-year).
- 2020: Revenue of $142K, expenses of $127K, and assets of $57K (revenue +48.8% year-over-year).
- 2019: Revenue of $96K, expenses of $71K, and assets of $42K (revenue +24.6% year-over-year).
- 2018: Revenue of $77K, expenses of $62K, and assets of $17K (revenue +69.6% year-over-year).
- 2017: Revenue of $45K, expenses of $66K, and assets of $3K (revenue -39.0% year-over-year).
- 2016: Revenue of $74K, expenses of $50K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Free Migration Project:
Data Sources and Methodology
This transparency report for Free Migration 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.