Good Meat Project
EIN: 465549530 · Portland, OR · NTEE: K01
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $591K |
| Net Assets | $798K |
Is Good Meat Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Good Meat Project
Good Meat Project (EIN: 465549530) is a nonprofit organization based in Portland, OR, classified under NTEE code K01. The organization reported total revenue of $197K and total assets of $548K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Meat Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Meat Project is a small nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 40.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $558K |
| Total Expenses | $591K |
| Surplus / Deficit | $-33,016 |
| Total Assets | $875K |
| Total Liabilities | $77K |
| Net Assets | $798K |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 17.8 months |
Financial Health Grade: B
In 2023, Good Meat Project reported a deficit of $33K with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Good Meat Project's revenue has grown at a compound annual growth rate (CAGR) of 40.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +58.5% | +0.5% |
| 2022 | -40.2% | +81.3% | +18.7% |
| 2021 | +431.5% | +73.4% | +538.0% |
| 2020 | +6.3% | +1.3% | +59.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Good Meat 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 Good Meat 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 $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about Good Meat Project
Is Good Meat Project a legitimate charity?
Good Meat Project (EIN: 465549530) is a registered tax-exempt nonprofit based in Oregon. It has 5 years of IRS 990 filings on record. Total revenue: $197K. No red flags identified. Financial health grade: B.
How does Good Meat Project spend its money?
Good Meat Project reported $197K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Good Meat Project tax-deductible?
Good Meat Project is registered as a tax-exempt nonprofit (EIN: 465549530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Good Meat Project located?
Good Meat Project is headquartered in Portland, Oregon and files with the IRS under EIN 465549530. It is classified under NTEE code K01.
How many years of IRS 990 filings does Good Meat Project have?
Good Meat Project has 5 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 $197K in total revenue.
Filing History
IRS 990 filing history for Good Meat Project showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Good Meat Project's revenue has grown by 286.8%, moving from $144K to $558K. Total assets increased by 1112.4% over the same period, from $72K to $875K. Total functional expenses rose by 405.2%, from $117K to $591K. In its most recent filing year (2023), Good Meat Project reported a deficit of $33K, with expenses exceeding revenue. The organization holds $77K in liabilities against $875K in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $798K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $558K | $591K | $875K | $77K | — | — |
| 2022 | $488K | $373K | $871K | $40K | — | View 990 |
| 2021 | $815K | $206K | $734K | $17K | — | View 990 |
| 2020 | $153K | $119K | $115K | $8K | — | — |
| 2019 | $144K | $117K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $558K, expenses of $591K, and assets of $875K (revenue +14.4% year-over-year).
- 2022: Revenue of $488K, expenses of $373K, and assets of $871K (revenue -40.2% year-over-year).
- 2021: Revenue of $815K, expenses of $206K, and assets of $734K (revenue +431.5% year-over-year).
- 2020: Revenue of $153K, expenses of $119K, and assets of $115K (revenue +6.3% year-over-year).
- 2019: Revenue of $144K, expenses of $117K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Meat Project:
Data Sources and Methodology
This transparency report for Good Meat 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.