Harmony Project International
Harmony Project International shows fluctuating revenues and expenses with no reported officer compensation.
EIN: 208876560 · Fort Worth, TX · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $534K |
| Program Spending | 85% |
| Net Assets | $160K |
| Transparency Score | 85/100 |
Is Harmony Project International Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harmony Project International directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harmony Project International
Harmony Project International (EIN: 208876560) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code X99. The organization reported total revenue of $1.2M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harmony Project International's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harmony Project International is a mid-size nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $617K |
| Total Expenses | $534K |
| Surplus / Deficit | +$83K |
| Total Assets | $264K |
| Total Liabilities | $104K |
| Net Assets | $160K |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 39.3% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Harmony Project International reported a surplus of $83K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 39.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Harmony Project International's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +13.9% | +94.2% |
| 2022 | -0.5% | -11.1% | +103.5% |
| 2021 | -34.2% | -33.1% | -25.3% |
| 2020 | -30.9% | -32.3% | -68.9% |
| 2019 | +16.8% | +21.8% | -66.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harmony Project International with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Harmony Project International allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.3%.
Executive Compensation Analysis
Harmony Project International consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and efficient resource allocation.
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 Harmony Project International's IRS 990 filings:
- Inconsistent revenue and expense trends over the past decade, making long-term financial planning and stability harder to assess.
- Periods where expenses exceeded revenue (e.g., 2021, 2020), indicating operational deficits in those years.
Strengths
The following positive indicators were identified for Harmony Project International:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to programs.
- Significant asset growth in recent years, from $66,864 in 2021 to $264,242 in 2023, indicating improved financial health.
- Latest reported assets of $1,346,553 are substantial relative to its latest revenue of $1,151,741.
Frequently Asked Questions about Harmony Project International
Is Harmony Project International a legitimate charity?
Harmony Project International (EIN: 208876560) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Harmony Project International spend its money?
Harmony Project International directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Harmony Project International tax-deductible?
Harmony Project International is registered as a tax-exempt nonprofit (EIN: 208876560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harmony Project International's spending goes to programs?
Harmony Project International directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harmony Project International compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Harmony Project International is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harmony Project International located?
Harmony Project International is headquartered in Fort Worth, Texas and files with the IRS under EIN 208876560. It is classified under NTEE code X99.
How many years of IRS 990 filings does Harmony Project International have?
Harmony Project International has 14 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 $1.2M in total revenue.
Is Harmony Project International financially stable?
Harmony Project International's financial stability has varied. While it has shown recent asset growth from $66,864 in 2021 to $264,242 in 2023, it has also experienced years where expenses exceeded revenue, such as in 2021 and 2020, suggesting periods of operational deficits. Its current assets of $1,346,553 against latest revenue of $1,151,741 indicate a solid asset base relative to its annual income.
How does Harmony Project International manage executive compensation?
Harmony Project International reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid to its officers. This is a strong positive for transparency and efficient use of funds.
What is the trend in Harmony Project International's revenue?
Harmony Project International's revenue has fluctuated significantly over the past decade, ranging from a low of $511,931 in 2022 to a high of $1,713,546 in 2017. The latest reported revenue is $1,151,741, showing an increase from the $617,413 reported in 2023.
Filing History
IRS 990 filing history for Harmony Project International showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Harmony Project International's revenue has grown by 97.1%, moving from $313K to $617K. Total assets increased by 224% over the same period, from $82K to $264K. Total functional expenses rose by 112.7%, from $251K to $534K. In its most recent filing year (2023), Harmony Project International reported a surplus of $83K, with revenue exceeding expenses. The organization holds $104K in liabilities against $264K in assets (debt-to-asset ratio: 39.3%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $617K | $534K | $264K | $104K | — | View 990 |
| 2022 | $512K | $469K | $136K | $58K | — | View 990 |
| 2021 | $515K | $528K | $67K | $32K | — | View 990 |
| 2020 | $782K | $789K | $90K | $18K | — | View 990 |
| 2019 | $1.1M | $1.2M | $288K | $18K | — | View 990 |
| 2018 | $968K | $957K | $853K | $126K | — | View 990 |
| 2017 | $1.7M | $1.9M | $151K | $96K | — | View 990 |
| 2016 | $1.2M | $1.1M | $576K | $29K | — | View 990 |
| 2015 | $552K | $716K | $472K | $16K | — | View 990 |
| 2014 | $922K | $1.1M | $624K | $4K | — | View 990 |
| 2013 | $1.2M | $871K | $752K | $41 | — | View 990 |
| 2012 | $871K | $636K | $467K | $0 | — | View 990 |
| 2011 | $652K | $501K | $232K | $0 | — | View 990 |
| 2010 | $313K | $251K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $617K, expenses of $534K, and assets of $264K (revenue +20.6% year-over-year).
- 2022: Revenue of $512K, expenses of $469K, and assets of $136K (revenue -0.5% year-over-year).
- 2021: Revenue of $515K, expenses of $528K, and assets of $67K (revenue -34.2% year-over-year).
- 2020: Revenue of $782K, expenses of $789K, and assets of $90K (revenue -30.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $288K (revenue +16.8% year-over-year).
- 2018: Revenue of $968K, expenses of $957K, and assets of $853K (revenue -43.5% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.9M, and assets of $151K (revenue +45.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $576K (revenue +113.2% year-over-year).
- 2015: Revenue of $552K, expenses of $716K, and assets of $472K (revenue -40.1% year-over-year).
- 2014: Revenue of $922K, expenses of $1.1M, and assets of $624K (revenue -20.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $871K, and assets of $752K (revenue +32.7% year-over-year).
- 2012: Revenue of $871K, expenses of $636K, and assets of $467K (revenue +33.7% year-over-year).
- 2011: Revenue of $652K, expenses of $501K, and assets of $232K (revenue +108.0% year-over-year).
- 2010: Revenue of $313K, expenses of $251K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harmony Project International:
Data Sources and Methodology
This transparency report for Harmony Project International 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.