Princeton Project 55 Inc
EIN: 521647841 · Princeton, NJ · NTEE: B84Z
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $773K |
| Net Assets | $3.9M |
Is Princeton Project 55 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Princeton Project 55 Inc
Princeton Project 55 Inc (EIN: 521647841) is a nonprofit organization based in Princeton, NJ, classified under NTEE code B84Z. The organization reported total revenue of $1.4M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Project 55 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Project 55 Inc is a mid-size nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $538K |
| Total Expenses | $773K |
| Surplus / Deficit | $-234,764 |
| Total Assets | $3.9M |
| Total Liabilities | $46K |
| Net Assets | $3.9M |
| Operating Margin | -43.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 60.9 months |
Financial Health Grade: B
In 2023, Princeton Project 55 Inc reported a deficit of $235K with expenses exceeding revenue, holds 60.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Princeton Project 55 Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.0% | +0.3% | -3.6% |
| 2022 | +75.1% | +11.8% | +8.6% |
| 2021 | +30.6% | -11.5% | +21.7% |
| 2020 | +0.1% | -13.4% | +0.9% |
| 2019 | -13.7% | +15.4% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Princeton Project 55 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 Princeton Project 55 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 $235K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Princeton Project 55 Inc
Is Princeton Project 55 Inc a legitimate charity?
Princeton Project 55 Inc (EIN: 521647841) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Princeton Project 55 Inc spend its money?
Princeton Project 55 Inc reported $1.4M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Princeton Project 55 Inc tax-deductible?
Princeton Project 55 Inc is registered as a tax-exempt nonprofit (EIN: 521647841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Princeton Project 55 Inc located?
Princeton Project 55 Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 521647841. It is classified under NTEE code B84Z.
How many years of IRS 990 filings does Princeton Project 55 Inc have?
Princeton Project 55 Inc has 12 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Princeton Project 55 Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Princeton Project 55 Inc's revenue has grown by 9.6%, moving from $491K to $538K. Total assets increased by 73.3% over the same period, from $2.3M to $3.9M. Total functional expenses rose by 50.8%, from $512K to $773K. In its most recent filing year (2023), Princeton Project 55 Inc reported a deficit of $235K, with expenses exceeding revenue. The organization holds $46K in liabilities against $3.9M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $538K | $773K | $3.9M | $46K | — | View 990 |
| 2022 | $1.9M | $770K | $4.1M | $60K | — | View 990 |
| 2021 | $1.1M | $689K | $3.7M | $41K | — | View 990 |
| 2020 | $810K | $778K | $3.1M | $117K | — | View 990 |
| 2019 | $810K | $898K | $3.1M | $92K | — | View 990 |
| 2018 | $939K | $778K | $3.0M | $28K | — | View 990 |
| 2017 | $635K | $620K | $2.9M | $25K | — | View 990 |
| 2016 | $538K | $587K | $2.8M | $17K | — | View 990 |
| 2015 | $840K | $634K | $2.8M | $21K | — | View 990 |
| 2014 | $863K | $572K | $2.7M | $28K | — | View 990 |
| 2013 | $482K | $508K | $2.3M | $28K | — | View 990 |
| 2012 | $491K | $512K | $2.3M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $538K, expenses of $773K, and assets of $3.9M (revenue -71.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $770K, and assets of $4.1M (revenue +75.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $689K, and assets of $3.7M (revenue +30.6% year-over-year).
- 2020: Revenue of $810K, expenses of $778K, and assets of $3.1M (revenue +0.1% year-over-year).
- 2019: Revenue of $810K, expenses of $898K, and assets of $3.1M (revenue -13.7% year-over-year).
- 2018: Revenue of $939K, expenses of $778K, and assets of $3.0M (revenue +47.9% year-over-year).
- 2017: Revenue of $635K, expenses of $620K, and assets of $2.9M (revenue +18.0% year-over-year).
- 2016: Revenue of $538K, expenses of $587K, and assets of $2.8M (revenue -36.0% year-over-year).
- 2015: Revenue of $840K, expenses of $634K, and assets of $2.8M (revenue -2.6% year-over-year).
- 2014: Revenue of $863K, expenses of $572K, and assets of $2.7M (revenue +79.1% year-over-year).
- 2013: Revenue of $482K, expenses of $508K, and assets of $2.3M (revenue -1.8% year-over-year).
- 2012: Revenue of $491K, expenses of $512K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Project 55 Inc:
Data Sources and Methodology
This transparency report for Princeton Project 55 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.