Military Veteran Project Inc
EIN: 460877378 · Topeka, KS · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $59K |
| Total Expenses | $51K |
| Net Assets | $-19,813 |
Is Military Veteran Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Military Veteran Project Inc
Military Veteran Project Inc (EIN: 460877378) is a nonprofit organization based in Topeka, KS, classified under NTEE code W30. The organization reported total revenue of $59K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Military Veteran Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Military Veteran Project Inc is a micro nonprofit that has been operating for 3 years, with 9 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $51K |
| Surplus / Deficit | $-21,456 |
| Total Assets | $429 |
| Total Liabilities | $20K |
| Net Assets | $-19,813 |
| Operating Margin | -73.6% |
| Debt-to-Asset Ratio | 4718.4% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2023, Military Veteran Project Inc reported a deficit of $21K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 4718.4% (high leverage).
Financial Trends
Over 9 years of filings (2014–2023), Military Veteran Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.6% | +28.4% | -73.9% |
| 2022 | -32.0% | -48.7% | -90.1% |
| 2021 | -1.5% | -4.0% | +27.1% |
| 2020 | +67.6% | +54.3% | -37.9% |
| 2018 | -37.4% | -33.3% | -13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Military Veteran Project Inc 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 Military Veteran Project Inc 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 $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4718.4%.
Frequently Asked Questions about Military Veteran Project Inc
Is Military Veteran Project Inc a legitimate charity?
Military Veteran Project Inc (EIN: 460877378) is a registered tax-exempt nonprofit based in Kansas. It has 9 years of IRS 990 filings on record. Total revenue: $59K. No red flags identified. Financial health grade: D.
How does Military Veteran Project Inc spend its money?
Military Veteran Project Inc reported $59K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Military Veteran Project Inc tax-deductible?
Military Veteran Project Inc is registered as a tax-exempt nonprofit (EIN: 460877378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Military Veteran Project Inc located?
Military Veteran Project Inc is headquartered in Topeka, Kansas and files with the IRS under EIN 460877378. It is classified under NTEE code W30.
How many years of IRS 990 filings does Military Veteran Project Inc have?
Military Veteran Project Inc has 9 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 $59K in total revenue.
Filing History
IRS 990 filing history for Military Veteran Project Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2023), Military Veteran Project Inc's revenue has declined by 62.1%, moving from $77K to $29K. Total assets decreased by 98% over the same period, from $21K to $429. Total functional expenses fell by 50.3%, from $102K to $51K. In its most recent filing year (2023), Military Veteran Project Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $20K in liabilities against $429 in assets (debt-to-asset ratio: 4718.4%), resulting in net assets of $-19,813.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $51K | $429 | $20K | — | View 990 |
| 2022 | $55K | $39K | $2K | $0 | — | View 990 |
| 2021 | $80K | $77K | $17K | $30K | — | — |
| 2020 | $81K | $80K | $13K | $30K | — | — |
| 2018 | $49K | $52K | $21K | $28K | — | View 990 |
| 2017 | $78K | $78K | $24K | $28K | — | View 990 |
| 2016 | $41K | $42K | $24K | $28K | — | View 990 |
| 2015 | $41K | $37K | $25K | $28K | — | View 990 |
| 2014 | $77K | $102K | $21K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $51K, and assets of $429 (revenue -46.6% year-over-year).
- 2022: Revenue of $55K, expenses of $39K, and assets of $2K (revenue -32.0% year-over-year).
- 2021: Revenue of $80K, expenses of $77K, and assets of $17K (revenue -1.5% year-over-year).
- 2020: Revenue of $81K, expenses of $80K, and assets of $13K (revenue +67.6% year-over-year).
- 2018: Revenue of $49K, expenses of $52K, and assets of $21K (revenue -37.4% year-over-year).
- 2017: Revenue of $78K, expenses of $78K, and assets of $24K (revenue +91.9% year-over-year).
- 2016: Revenue of $41K, expenses of $42K, and assets of $24K (revenue -1.7% year-over-year).
- 2015: Revenue of $41K, expenses of $37K, and assets of $25K (revenue -46.5% year-over-year).
- 2014: Revenue of $77K, expenses of $102K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Military Veteran Project Inc:
Data Sources and Methodology
This transparency report for Military Veteran 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.