National Inclusion Project Inc
National Inclusion Project maintains stable finances with zero executive compensation despite past deficit.
EIN: 200146446 · Durham, NC · NTEE: P82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $586K |
| Total Expenses | $355K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $585,592. |
| Net Assets | $531K |
| Transparency Score | 90/100 |
Is National Inclusion Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Inclusion Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Inclusion Project Inc
National Inclusion Project Inc (EIN: 200146446) is a nonprofit organization based in Durham, NC, classified under NTEE code P82. The organization reported total revenue of $586K and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Inclusion Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Inclusion Project Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $426K |
| Total Expenses | $355K |
| Surplus / Deficit | +$71K |
| Total Assets | $534K |
| Total Liabilities | $2K |
| Net Assets | $531K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, National Inclusion Project Inc reported a surplus of $71K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Inclusion Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +2.8% | +15.6% |
| 2022 | +14.3% | +7.5% | +32.4% |
| 2021 | +83.3% | -79.7% | +7.9% |
| 2020 | -62.9% | +208.4% | -80.2% |
| 2019 | +2.3% | -13.1% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 National Inclusion Project Inc with a Mission Score of 90 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, National Inclusion Project Inc 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 $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The National Inclusion Project Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no portion of its revenue is allocated to executive salaries, which is highly commendable for an organization of its size with latest revenue of $585,592.
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 National Inclusion Project Inc's IRS 990 filings:
- Significant one-time deficit in 2020 (expenses $1.58M vs. revenue $219K)
Strengths
The following positive indicators were identified for National Inclusion Project Inc:
- Consistent 0% officer compensation across all filings
- Strong recovery and positive net income in recent years (e.g., $71,120 in 2023)
- Low liabilities across all reported periods
- Consistent revenue generation averaging around $500,000 annually
- High transparency with 13 IRS 990 filings
Frequently Asked Questions about National Inclusion Project Inc
Is National Inclusion Project Inc a legitimate charity?
National Inclusion Project Inc (EIN: 200146446) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $586K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does National Inclusion Project Inc spend its money?
National Inclusion Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Inclusion Project Inc tax-deductible?
National Inclusion Project Inc is registered as a tax-exempt nonprofit (EIN: 200146446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Inclusion Project Inc CEO make?
National Inclusion Project Inc's highest-compensated officer earns $585,592. annually. The organization reported $586K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Inclusion Project Inc's spending goes to programs?
National Inclusion Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Inclusion Project Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), National Inclusion Project Inc is above average for NTEE category P82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Inclusion Project Inc located?
National Inclusion Project Inc is headquartered in Durham, North Carolina and files with the IRS under EIN 200146446. It is classified under NTEE code P82.
How many years of IRS 990 filings does National Inclusion Project Inc have?
National Inclusion Project Inc has 13 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 $586K in total revenue.
Is National Inclusion Project Inc. a good charity?
Based on its consistent 0% officer compensation, recovery from a significant deficit in 2020, and generally stable financial operations, the National Inclusion Project Inc. appears to be a very good charity, effectively directing resources to its mission.
How has the organization's financial health changed over time?
The organization has shown resilience, recovering from a substantial deficit in 2020 (expenses of $1,581,230 vs. revenue of $219,794) to achieve positive net income in subsequent years, such as $71,120 in 2023 and $114,701 in 2022, indicating improved financial health.
What is the trend in the organization's assets?
The organization's assets have decreased from a peak of $1,926,003 in 2014 to $696,852 currently, and $533,500 in 2023, suggesting a potential strategic use of reserves or a shift in asset management over the last decade.
Filing History
IRS 990 filing history for National Inclusion Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Inclusion Project Inc's revenue has declined by 63.6%, moving from $1.2M to $426K. Total assets decreased by 72.3% over the same period, from $1.9M to $534K. Total functional expenses fell by 56.5%, from $817K to $355K. In its most recent filing year (2023), National Inclusion Project Inc reported a surplus of $71K, with revenue exceeding expenses. The organization holds $2K in liabilities against $534K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $531K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $426K | $355K | $534K | $2K | — | — |
| 2022 | $460K | $346K | $462K | $1K | — | View 990 |
| 2021 | $403K | $322K | $349K | $3K | — | View 990 |
| 2020 | $220K | $1.6M | $323K | $59K | — | — |
| 2019 | $592K | $513K | $1.6M | $4K | — | — |
| 2018 | $578K | $590K | $1.6M | $13K | — | View 990 |
| 2017 | $534K | $555K | $1.6M | $6K | — | View 990 |
| 2016 | $581K | $735K | $1.6M | $8K | — | View 990 |
| 2015 | $577K | $758K | $1.7M | $7K | — | View 990 |
| 2014 | $614K | $735K | $1.9M | $10K | — | View 990 |
| 2013 | $716K | $732K | $2.0M | $9K | — | View 990 |
| 2012 | $1.1M | $850K | $2.1M | $21K | — | View 990 |
| 2011 | $1.2M | $817K | $1.9M | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $426K, expenses of $355K, and assets of $534K (revenue -7.4% year-over-year).
- 2022: Revenue of $460K, expenses of $346K, and assets of $462K (revenue +14.3% year-over-year).
- 2021: Revenue of $403K, expenses of $322K, and assets of $349K (revenue +83.3% year-over-year).
- 2020: Revenue of $220K, expenses of $1.6M, and assets of $323K (revenue -62.9% year-over-year).
- 2019: Revenue of $592K, expenses of $513K, and assets of $1.6M (revenue +2.3% year-over-year).
- 2018: Revenue of $578K, expenses of $590K, and assets of $1.6M (revenue +8.4% year-over-year).
- 2017: Revenue of $534K, expenses of $555K, and assets of $1.6M (revenue -8.2% year-over-year).
- 2016: Revenue of $581K, expenses of $735K, and assets of $1.6M (revenue +0.7% year-over-year).
- 2015: Revenue of $577K, expenses of $758K, and assets of $1.7M (revenue -5.9% year-over-year).
- 2014: Revenue of $614K, expenses of $735K, and assets of $1.9M (revenue -14.3% year-over-year).
- 2013: Revenue of $716K, expenses of $732K, and assets of $2.0M (revenue -32.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $850K, and assets of $2.1M (revenue -9.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $817K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Inclusion Project Inc:
Data Sources and Methodology
This transparency report for National Inclusion 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.