Project 1512 Love One Another
EIN: 471015197 · Bettendorf, IA · NTEE: T50
Is Project 1512 Love One Another Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project 1512 Love One Another
Project 1512 Love One Another (EIN: 471015197) is a nonprofit organization based in Bettendorf, IA, classified under NTEE code T50. The organization reported total revenue of $81K and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project 1512 Love One Another's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Project 1512 Love One Another 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 Project 1512 Love One Another 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.
Frequently Asked Questions about Project 1512 Love One Another
Is Project 1512 Love One Another a legitimate charity?
Based on AI analysis of IRS 990 filings, Project 1512 Love One Another (EIN: 471015197) insufficient data. 0 red flags identified, 0 strengths noted.
How does Project 1512 Love One Another spend its money?
Detailed spending breakdown data is not yet available for Project 1512 Love One Another. Check back for updated IRS 990 analysis.
Are donations to Project 1512 Love One Another tax-deductible?
Project 1512 Love One Another is registered as a tax-exempt nonprofit (EIN: 471015197). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Project 1512 Love One Another showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Project 1512 Love One Another's revenue has declined by 83.3%, moving from $184K to $31K. Total assets increased by 62.3% over the same period, from $145K to $235K. Total functional expenses rose by 9.7%, from $54K to $59K. In its most recent filing year (2023), Project 1512 Love One Another reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $59K | $235K | $0 | — | — |
| 2022 | $84K | $89K | $237K | $0 | — | — |
| 2021 | $59K | $87K | $279K | $0 | — | — |
| 2020 | $75K | $70K | $273K | $0 | — | View 990 |
| 2019 | $81K | $100K | $247K | $0 | — | View 990 |
| 2018 | $54K | $75K | $247K | $0 | — | View 990 |
| 2017 | $193K | $69K | $269K | $0 | — | View 990 |
| 2016 | $184K | $54K | $145K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $59K, and assets of $235K (revenue -63.6% year-over-year).
- 2022: Revenue of $84K, expenses of $89K, and assets of $237K (revenue +42.2% year-over-year).
- 2021: Revenue of $59K, expenses of $87K, and assets of $279K (revenue -20.8% year-over-year).
- 2020: Revenue of $75K, expenses of $70K, and assets of $273K (revenue -8.1% year-over-year).
- 2019: Revenue of $81K, expenses of $100K, and assets of $247K (revenue +51.1% year-over-year).
- 2018: Revenue of $54K, expenses of $75K, and assets of $247K (revenue -72.1% year-over-year).
- 2017: Revenue of $193K, expenses of $69K, and assets of $269K (revenue +4.8% year-over-year).
- 2016: Revenue of $184K, expenses of $54K, and assets of $145K.
Data Sources and Methodology
This transparency report for Project 1512 Love One Another 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.