Pixie Project Inc
Pixie Project Inc shows consistent growth and zero officer compensation, with expenses often matching or slightly exceeding revenue.
EIN: 208430297 · Portland, OR · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $55K |
| Transparency Score | 92/100 |
Is Pixie Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pixie Project Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pixie Project Inc
Pixie Project Inc (EIN: 208430297) is a nonprofit organization based in Portland, OR, classified under NTEE code D20. The organization reported total revenue of $1.5M and total assets of $240K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pixie Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pixie Project Inc is a mid-size nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-41,731 |
| Total Assets | $215K |
| Total Liabilities | $160K |
| Net Assets | $55K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 74.3% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Pixie Project Inc reported a deficit of $42K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 74.3% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Pixie Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.6% | +17.3% | -16.6% |
| 2022 | +8.0% | +24.0% | -11.9% |
| 2021 | +8.1% | +9.1% | +26.0% |
| 2019 | +22.2% | +2.5% | +76.3% |
| 2018 | +4.0% | +18.2% | -30.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Pixie Project Inc with a Mission Score of 92 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, Pixie Project Inc 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 deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led or very lean leadership structure.
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 Pixie Project Inc's IRS 990 filings:
- Expenses slightly exceeding revenue in recent years (e.g., 202312 expenses $1,323,458 vs. revenue $1,281,727) could indicate reliance on reserves or future fundraising.
Strengths
The following positive indicators were identified for Pixie Project Inc:
- Consistent revenue growth over the past decade, from $231,222 in 2012 to $1,281,727 in 2023.
- Exceptional transparency with 0% officer compensation reported across all filings.
- Strong program spending focus, with expenses closely aligned to revenue.
- Relatively stable liabilities over time, indicating responsible financial management.
Frequently Asked Questions about Pixie Project Inc
Is Pixie Project Inc a legitimate charity?
Pixie Project Inc (EIN: 208430297) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.5M. 1 red flag identified. 4 strengths noted. Financial health grade: D.
How does Pixie Project Inc spend its money?
Pixie Project Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Pixie Project Inc tax-deductible?
Pixie Project Inc is registered as a tax-exempt nonprofit (EIN: 208430297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pixie Project Inc CEO make?
Pixie Project Inc'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 Pixie Project Inc's spending goes to programs?
Pixie Project Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pixie Project Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Pixie Project Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pixie Project Inc located?
Pixie Project Inc is headquartered in Portland, Oregon and files with the IRS under EIN 208430297. It is classified under NTEE code D20.
How many years of IRS 990 filings does Pixie Project Inc have?
Pixie Project Inc has 11 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 Pixie Project Inc a good charity?
Based on the available IRS 990 data, Pixie Project Inc appears to be a very good charity. It demonstrates strong program spending, consistent growth, and exceptional transparency with 0% officer compensation.
How has Pixie Project Inc's revenue grown over time?
Pixie Project Inc has shown significant revenue growth, increasing from $231,222 in 2012 to $1,281,727 in 2023, indicating expanding support and operations.
What is Pixie Project Inc's approach to executive compensation?
Pixie Project Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a strong indicator of a volunteer-driven leadership or a highly efficient operational model.
Does Pixie Project Inc manage its expenses effectively?
Yes, the organization generally manages its expenses effectively, with expenses closely tracking or slightly exceeding revenue in recent years (e.g., 202312 expenses of $1,323,458 vs. revenue of $1,281,727), suggesting funds are directly applied to operations rather than accumulating large surpluses.
Filing History
IRS 990 filing history for Pixie Project Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Pixie Project Inc's revenue has grown by 289.7%, moving from $329K to $1.3M. Total assets increased by 39.4% over the same period, from $155K to $215K. Total functional expenses rose by 503.9%, from $219K to $1.3M. In its most recent filing year (2023), Pixie Project Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $160K in liabilities against $215K in assets (debt-to-asset ratio: 74.3%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $215K | $160K | — | — |
| 2022 | $1.1M | $1.1M | $258K | $161K | — | — |
| 2021 | $1.0M | $910K | $293K | $149K | — | View 990 |
| 2019 | $926K | $834K | $233K | $155K | — | View 990 |
| 2018 | $758K | $814K | $132K | $146K | — | View 990 |
| 2017 | $729K | $689K | $189K | $146K | — | View 990 |
| 2016 | $655K | $738K | $147K | $144K | — | View 990 |
| 2015 | $529K | $655K | $242K | $155K | — | View 990 |
| 2014 | $624K | $445K | $359K | $146K | — | View 990 |
| 2012 | $231K | $263K | $151K | $144K | — | View 990 |
| 2011 | $329K | $219K | $155K | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $215K (revenue +18.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $258K (revenue +8.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $910K, and assets of $293K (revenue +8.1% year-over-year).
- 2019: Revenue of $926K, expenses of $834K, and assets of $233K (revenue +22.2% year-over-year).
- 2018: Revenue of $758K, expenses of $814K, and assets of $132K (revenue +4.0% year-over-year).
- 2017: Revenue of $729K, expenses of $689K, and assets of $189K (revenue +11.3% year-over-year).
- 2016: Revenue of $655K, expenses of $738K, and assets of $147K (revenue +23.8% year-over-year).
- 2015: Revenue of $529K, expenses of $655K, and assets of $242K (revenue -15.3% year-over-year).
- 2014: Revenue of $624K, expenses of $445K, and assets of $359K (revenue +170.0% year-over-year).
- 2012: Revenue of $231K, expenses of $263K, and assets of $151K (revenue -29.7% year-over-year).
- 2011: Revenue of $329K, expenses of $219K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pixie Project Inc:
Data Sources and Methodology
This transparency report for Pixie 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.