Giraffe Project Inc
Giraffe Project Inc. consistently operates without executive compensation, maintaining financial stability despite declining revenue.
EIN: 133209618 · Langley, WA · NTEE: D013 · Updated: 2026-03-28
Is Giraffe Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Giraffe Project Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Giraffe Project Inc
Giraffe Project Inc (EIN: 133209618) is a nonprofit organization based in Langley, WA, classified under NTEE code D013. The organization reported total revenue of $132K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Giraffe Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Giraffe Project Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Giraffe Project Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through non-officer roles, allowing a greater proportion of funds to be directed to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Giraffe Project Inc's IRS 990 filings:
- Consistent decline in annual revenue over the past decade, from $141,481 in 2014 to $59,071 in 2023.
Strengths
The following positive indicators were identified for Giraffe Project Inc:
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent management of expenses to remain below or in line with revenue.
- Minimal to no liabilities in recent years, demonstrating strong financial health.
- High program spending ratio due to lack of executive compensation.
- Long history of consistent IRS 990 filings, indicating strong transparency.
Frequently Asked Questions about Giraffe Project Inc
Is Giraffe Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Giraffe Project Inc (EIN: 133209618) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Giraffe Project Inc spend its money?
Giraffe Project Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Giraffe Project Inc tax-deductible?
Giraffe Project Inc is registered as a tax-exempt nonprofit (EIN: 133209618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Giraffe Project Inc. a good charity?
Based on the financial data, Giraffe Project Inc. appears to be a very good charity. It consistently directs a high percentage of its spending to programs, has no executive compensation, and maintains a stable financial position with minimal liabilities.
How has the organization's revenue trended over time?
The organization's revenue has shown a declining trend over the past decade, from $141,481 in 2014 to $59,071 in 2023.
What is the organization's approach to executive compensation?
The Giraffe Project Inc. has reported 0% officer compensation in all available filings, suggesting a volunteer-led or highly efficient leadership structure.
Are there any significant financial risks?
The organization appears to have very low financial risk, with minimal to no liabilities reported in recent years (e.g., $0 in 2023) and consistent management of expenses within revenue.
Filing History
IRS 990 filing history for Giraffe Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Giraffe Project Inc's revenue has declined by 7.8%, moving from $64K to $59K. Total assets decreased by 14.1% over the same period, from $44K to $38K. Total functional expenses fell by 5.7%, from $61K to $57K. In its most recent filing year (2023), Giraffe Project Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $57K | $38K | $0 | — | View 990 |
| 2022 | $60K | $67K | $38K | $2K | — | — |
| 2021 | $64K | $61K | $43K | $219 | — | — |
| 2020 | $72K | $72K | $40K | $913 | — | View 990 |
| 2019 | $83K | $80K | $38K | $600 | — | View 990 |
| 2018 | $84K | $80K | $34K | $63 | — | View 990 |
| 2017 | $86K | $83K | $24K | $-5,862 | — | View 990 |
| 2016 | $102K | $100K | $59K | $33K | — | View 990 |
| 2015 | $118K | $115K | $83K | $59K | — | View 990 |
| 2014 | $141K | $137K | $107K | $85K | — | View 990 |
| 2013 | $97K | $95K | $65K | $48K | — | View 990 |
| 2012 | $63K | $59K | $53K | $38K | — | View 990 |
| 2011 | $64K | $61K | $44K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $57K, and assets of $38K (revenue -2.0% year-over-year).
- 2022: Revenue of $60K, expenses of $67K, and assets of $38K (revenue -6.5% year-over-year).
- 2021: Revenue of $64K, expenses of $61K, and assets of $43K (revenue -10.2% year-over-year).
- 2020: Revenue of $72K, expenses of $72K, and assets of $40K (revenue -13.6% year-over-year).
- 2019: Revenue of $83K, expenses of $80K, and assets of $38K (revenue -1.0% year-over-year).
- 2018: Revenue of $84K, expenses of $80K, and assets of $34K (revenue -2.9% year-over-year).
- 2017: Revenue of $86K, expenses of $83K, and assets of $24K (revenue -15.0% year-over-year).
- 2016: Revenue of $102K, expenses of $100K, and assets of $59K (revenue -13.6% year-over-year).
- 2015: Revenue of $118K, expenses of $115K, and assets of $83K (revenue -16.8% year-over-year).
- 2014: Revenue of $141K, expenses of $137K, and assets of $107K (revenue +45.5% year-over-year).
- 2013: Revenue of $97K, expenses of $95K, and assets of $65K (revenue +53.5% year-over-year).
- 2012: Revenue of $63K, expenses of $59K, and assets of $53K (revenue -1.1% year-over-year).
- 2011: Revenue of $64K, expenses of $61K, and assets of $44K.
Data Sources and Methodology
This transparency report for Giraffe Project Inc 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.