Outreach Project Inc
Outreach Project Inc consistently maintains positive net income and growing assets with no reported officer compensation.
EIN: 112621537 · Richmond Hill, NY · NTEE: F220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $15.1M |
| Transparency Score | 88/100 |
Is Outreach Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Outreach Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Outreach Project Inc
Outreach Project Inc (EIN: 112621537) is a nonprofit organization based in Richmond Hill, NY, classified under NTEE code F220. The organization reported total revenue of $3.0M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Outreach Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Outreach Project Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$298K |
| Total Assets | $16.4M |
| Total Liabilities | $1.3M |
| Net Assets | $15.1M |
| Operating Margin | 19.4% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 158.9 months |
Financial Health Grade: A
In 2023, Outreach Project Inc reported a surplus of $298K with revenue exceeding expenses, holds 158.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Outreach Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | +12.3% | +5.3% |
| 2022 | -18.6% | -1.5% | -4.0% |
| 2021 | +40.5% | -14.5% | +8.8% |
| 2020 | -17.6% | -7.2% | -0.6% |
| 2019 | -2.7% | +7.6% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Outreach Project Inc with a Mission Score of 88 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, Outreach 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 $298K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with assets exceeding $16 million and annual revenues over $1.5 million. This suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported as 'officer compensation' on the 990, warranting further investigation for complete transparency.
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 Outreach Project Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported under other categories or a fully volunteer executive team, requiring deeper scrutiny for full transparency.
Strengths
The following positive indicators were identified for Outreach Project Inc:
- Consistent positive net income, with revenues generally exceeding expenses.
- Strong and consistent growth in assets, from $10.8M in 2014 to $16.4M in 2023.
- Significant reduction in liabilities over the past decade, improving financial health.
- Apparent efficient financial management, consistently operating within or below revenue.
Frequently Asked Questions about Outreach Project Inc
Is Outreach Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Outreach Project Inc (EIN: 112621537) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Outreach Project Inc spend its money?
Outreach Project Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Outreach Project Inc tax-deductible?
Outreach Project Inc is registered as a tax-exempt nonprofit (EIN: 112621537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Outreach Project Inc CEO make?
Outreach Project Inc's highest-compensated officer earns $16 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Outreach Project Inc's spending goes to programs?
Outreach Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Outreach Project Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Outreach Project Inc is above average for NTEE category F220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Outreach Project Inc located?
Outreach Project Inc is headquartered in Richmond Hill, New York and files with the IRS under EIN 112621537. It is classified under NTEE code F220.
How many years of IRS 990 filings does Outreach Project Inc have?
Outreach 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 $3.0M in total revenue.
Is Outreach Project Inc financially stable?
Yes, Outreach Project Inc appears financially stable. It has consistently reported positive net income, with revenues exceeding expenses in most years (e.g., $1,538,896 revenue vs. $1,240,845 expenses in 2023), and its assets have grown steadily from $10,842,920 in 2014 to $16,431,724 in 2023.
How has Outreach Project Inc's asset base changed over time?
Outreach Project Inc's asset base has shown consistent growth, increasing from $10,842,920 in 2014 to $16,431,724 in 2023, indicating strong financial management and accumulation of resources.
What is the trend in the organization's liabilities?
The organization's liabilities have significantly decreased over time, from $3,460,615 in 2014 to $1,343,115 in 2023, which is a positive indicator of improving financial health and reduced debt burden.
Does Outreach Project Inc pay its officers?
According to the provided IRS 990 data, Outreach Project Inc has consistently reported 0% officer compensation across all 13 filings, from 2014 to 2023.
Filing History
IRS 990 filing history for Outreach Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Outreach Project Inc's revenue has declined by 10%, moving from $1.7M to $1.5M. Total assets increased by 66.1% over the same period, from $9.9M to $16.4M. Total functional expenses rose by 25.9%, from $986K to $1.2M. In its most recent filing year (2023), Outreach Project Inc reported a surplus of $298K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $16.4M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $16.4M | $1.3M | — | View 990 |
| 2022 | $1.6M | $1.1M | $15.6M | $1.5M | — | View 990 |
| 2021 | $2.0M | $1.1M | $16.2M | $1.7M | — | View 990 |
| 2020 | $1.4M | $1.3M | $14.9M | $1.9M | — | View 990 |
| 2019 | $1.7M | $1.4M | $15.0M | $2.4M | — | View 990 |
| 2018 | $1.8M | $1.3M | $14.9M | $2.9M | — | View 990 |
| 2017 | $1.7M | $830K | $14.3M | $3.0M | — | View 990 |
| 2016 | $1.8M | $874K | $13.2M | $3.1M | — | View 990 |
| 2015 | $3.3M | $869K | $12.4M | $3.3M | — | View 990 |
| 2014 | $1.9M | $967K | $10.8M | $3.5M | — | View 990 |
| 2013 | $1.6M | $1.3M | $9.8M | $3.7M | — | View 990 |
| 2012 | $1.4M | $1.2M | $9.7M | $4.0M | — | View 990 |
| 2011 | $1.7M | $986K | $9.9M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $16.4M (revenue -5.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $15.6M (revenue -18.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.1M, and assets of $16.2M (revenue +40.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $14.9M (revenue -17.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.4M, and assets of $15.0M (revenue -2.7% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.3M, and assets of $14.9M (revenue +8.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $830K, and assets of $14.3M (revenue -8.2% year-over-year).
- 2016: Revenue of $1.8M, expenses of $874K, and assets of $13.2M (revenue -44.9% year-over-year).
- 2015: Revenue of $3.3M, expenses of $869K, and assets of $12.4M (revenue +74.1% year-over-year).
- 2014: Revenue of $1.9M, expenses of $967K, and assets of $10.8M (revenue +20.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.3M, and assets of $9.8M (revenue +10.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $9.7M (revenue -18.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $986K, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Outreach Project Inc:
Data Sources and Methodology
This transparency report for Outreach 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.