Innocence Project Of Texas
Innocence Project Of Texas shows strong financial growth and zero officer compensation.
EIN: 205992659 · Fort Worth, TX · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $994K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.6M |
| Transparency Score | 95/100 |
Is Innocence Project Of Texas Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Innocence Project Of Texas directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Innocence Project Of Texas
Innocence Project Of Texas (EIN: 205992659) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code S20. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innocence Project Of Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innocence Project Of Texas is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). 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 | $1.1M |
| Total Expenses | $994K |
| Surplus / Deficit | +$90K |
| Total Assets | $1.7M |
| Total Liabilities | $152K |
| Net Assets | $1.6M |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2023, Innocence Project Of Texas reported a surplus of $90K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Innocence Project Of Texas's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.1% | +21.0% | +19.3% |
| 2022 | +1.9% | +13.4% | +8.2% |
| 2021 | -36.3% | +44.8% | +11.1% |
| 2020 | +185.1% | +0.5% | +399.0% |
| 2019 | +364.3% | +353.5% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Innocence Project Of Texas with a Mission Score of 95 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, Innocence Project Of Texas 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are compensated, which is highly unusual for an organization of this size with over $1 million in annual revenue and nearly $2 million in assets. This suggests a strong volunteer leadership model or that compensation is structured in a way not captured under 'officer compensation' on the 990, though the latter would require further investigation.
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 Innocence Project Of Texas's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods, which could indicate conservative accounting or specific funding structures.
- The consistent 0% officer compensation, while positive for mission focus, is highly unusual for an organization of this scale and might warrant further inquiry into how leadership is supported or compensated if not directly through officer salaries.
Strengths
The following positive indicators were identified for Innocence Project Of Texas:
- Strong and consistent revenue growth, from $210,407 in 201509 to $1,083,658 in 202312.
- Significant asset accumulation, growing from $25,202 in 201509 to $1,748,251 in 202312, indicating financial stability.
- Remarkable transparency and mission focus demonstrated by 0% officer compensation across all reported periods.
- Expenses consistently below revenue in recent years (e.g., $993,989 expenses vs. $1,083,658 revenue in 202312), indicating efficient financial management.
- Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk.
Frequently Asked Questions about Innocence Project Of Texas
Is Innocence Project Of Texas a legitimate charity?
Innocence Project Of Texas (EIN: 205992659) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Innocence Project Of Texas spend its money?
Innocence Project Of Texas directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Innocence Project Of Texas tax-deductible?
Innocence Project Of Texas is registered as a tax-exempt nonprofit (EIN: 205992659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Innocence Project Of Texas CEO make?
Innocence Project Of Texas's highest-compensated officer earns $1 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Innocence Project Of Texas's spending goes to programs?
Innocence Project Of Texas directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Innocence Project Of Texas compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Innocence Project Of Texas is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Innocence Project Of Texas located?
Innocence Project Of Texas is headquartered in Fort Worth, Texas and files with the IRS under EIN 205992659. It is classified under NTEE code S20.
How many years of IRS 990 filings does Innocence Project Of Texas have?
Innocence Project Of Texas 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 $1.5M in total revenue.
Is Innocence Project Of Texas a good charity?
Based on the provided data, the Innocence Project Of Texas appears to be a very good charity. They demonstrate strong financial health with consistent revenue growth, significant asset accumulation, and a remarkable commitment to directing funds to their mission by reporting 0% officer compensation across all filings. Their program spending efficiency is likely very high given these factors.
How has the organization's financial health changed over time?
The organization has experienced substantial financial growth. Revenue increased from $210,407 in 201509 to $1,083,658 in 202312, and assets grew from $25,202 to $1,748,251 over the same period. This indicates a strong and improving financial position.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as 'officer compensation' on the 990. This practice generally indicates a strong commitment to maximizing funds for programmatic use and enhances transparency and public trust.
Filing History
IRS 990 filing history for Innocence Project Of Texas showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Innocence Project Of Texas's revenue has grown by 345.3%, moving from $243K to $1.1M. Total assets increased by 1132.4% over the same period, from $142K to $1.7M. Total functional expenses rose by 388.8%, from $203K to $994K. In its most recent filing year (2023), Innocence Project Of Texas reported a surplus of $90K, with revenue exceeding expenses. The organization holds $152K in liabilities against $1.7M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $994K | $1.7M | $152K | — | View 990 |
| 2022 | $918K | $821K | $1.5M | $45K | — | — |
| 2021 | $901K | $724K | $1.4M | $26K | — | View 990 |
| 2020 | $1.4M | $500K | $1.2M | $68K | — | — |
| 2019 | $496K | $498K | $244K | $10K | — | View 990 |
| 2018 | $107K | $110K | $243K | $7K | — | View 990 |
| 2018 | $316K | $558K | $147K | $434 | — | View 990 |
| 2017 | $768K | $438K | $390K | $437 | — | View 990 |
| 2016 | $282K | $249K | $69K | $11K | — | View 990 |
| 2015 | $210K | $231K | $25K | $0 | — | View 990 |
| 2014 | $411K | $451K | $53K | $7K | — | View 990 |
| 2013 | $372K | $383K | $90K | $4K | — | View 990 |
| 2012 | $248K | $293K | $104K | $8K | — | View 990 |
| 2011 | $243K | $203K | $142K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $994K, and assets of $1.7M (revenue +18.1% year-over-year).
- 2022: Revenue of $918K, expenses of $821K, and assets of $1.5M (revenue +1.9% year-over-year).
- 2021: Revenue of $901K, expenses of $724K, and assets of $1.4M (revenue -36.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $500K, and assets of $1.2M (revenue +185.1% year-over-year).
- 2019: Revenue of $496K, expenses of $498K, and assets of $244K (revenue +364.3% year-over-year).
- 2018: Revenue of $107K, expenses of $110K, and assets of $243K (revenue -66.2% year-over-year).
- 2018: Revenue of $316K, expenses of $558K, and assets of $147K (revenue -58.9% year-over-year).
- 2017: Revenue of $768K, expenses of $438K, and assets of $390K (revenue +172.3% year-over-year).
- 2016: Revenue of $282K, expenses of $249K, and assets of $69K (revenue +34.1% year-over-year).
- 2015: Revenue of $210K, expenses of $231K, and assets of $25K (revenue -48.8% year-over-year).
- 2014: Revenue of $411K, expenses of $451K, and assets of $53K (revenue +10.4% year-over-year).
- 2013: Revenue of $372K, expenses of $383K, and assets of $90K (revenue +50.4% year-over-year).
- 2012: Revenue of $248K, expenses of $293K, and assets of $104K (revenue +1.7% year-over-year).
- 2011: Revenue of $243K, expenses of $203K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innocence Project Of Texas:
Data Sources and Methodology
This transparency report for Innocence Project Of Texas 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.