Project Als Inc

Project Als Inc frequently operates at a deficit, with liabilities often exceeding assets, despite consistent multi-million dollar revenues.

EIN: 134019464 · Huntingtown, MD · NTEE: G50 · Updated: 2026-03-28

$4.0MRevenue
$3.0MGross Revenue
$1.7MAssets
70/100Mission Score (Good)
G50
Project Als Inc Financial Summary
MetricValue
Total Revenue$4.0M
Total Expenses$4.5M
Program Spending80%
Net Assets$-629,349
Transparency Score70/100

Search Intent Cockpit

Project Als Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Project Als Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Project Als Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $3.8M and expenses of $4.5M.

Revenue and Expenses

Project Als Inc reported $3.8M in revenue and $4.5M in expenses, a deficit of $707K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Project Als Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Project Als Inc Expense Deployment
Program services$3.6M (80%)

Across stored filings, Project Als Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Project Als Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Main Street Mobile Treatment Associates IncMaryland and Category G context

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Project Als Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Project Als Inc

Project Als Inc (EIN: 134019464) is a nonprofit organization based in Huntingtown, MD, classified under NTEE code G50. The organization reported total revenue of $4.0M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Als Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

28Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Project Als Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.8M
Total Expenses$4.5M
Surplus / Deficit$-706,800
Total Assets$1.7M
Total Liabilities$2.3M
Net Assets$-629,349
Operating Margin-18.7%
Debt-to-Asset Ratio137.9%
Months of Reserves4.4 months

Financial Health Grade: C

In 2023, Project Als Inc reported a deficit of $707K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 137.9% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Project Als Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.0%+28.1%+41.1%
2022+37.7%+10.3%-24.4%
2021-39.4%-16.7%-39.6%
2020+12.2%-17.4%+28.9%
2019-6.5%+10.2%-48.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1998

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Project Als Inc demonstrates a fluctuating financial performance over the past decade. While the organization has consistently generated multi-million dollar revenues, expenses have frequently exceeded revenue, as seen in 202307 where expenses were $4,483,713 against revenues of $3,776,913, leading to a deficit. This trend of operating at a deficit in several years (e.g., 2023, 2021, 2019, 2018, 2017, 2016, 2015, 2014) suggests potential challenges in maintaining long-term financial stability without drawing down reserves or increasing liabilities. The organization's assets have also shown variability, decreasing from a high of $4,278,481 in 201707 to $1,661,605 in 202307, while liabilities have generally remained significant, often exceeding assets in recent years (e.g., $2,290,954 liabilities vs. $1,661,605 assets in 202307). This indicates a reliance on debt or short-term obligations to fund operations. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of their transparency and could indicate a volunteer-led executive structure or that compensation is not reported under 'officer compensation' in a way that is visible in this summary. This practice, if accurate, could contribute to a higher proportion of funds being directed towards programs. However, the overall financial health is impacted by the recurring deficits and the increasing liabilities relative to assets, which warrants closer examination of their operational efficiency and fundraising strategies to ensure sustainability. The NTEE code G50 suggests a focus on medical research, which often entails significant program costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Project Als Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
  • fundraising: 10%

According to IRS 990 filings, Project Als Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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:

$3.8MTotal Revenue
$4.5MTotal Expenses
$1.7MTotal Assets
$2.3MTotal Liabilities
$-629,349Net Assets
  • The organization reported a deficit of $707K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 137.9%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer-led executive team or that compensation is categorized differently, which is a positive indicator for directing funds to the mission if accurate.

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 Project Als Inc's IRS 990 filings:

  • Frequent operational deficits (e.g., 202307, 202107, 201907)
  • Liabilities often exceed assets in recent years (e.g., 202307: $2.29M liabilities vs $1.66M assets)
  • Significant decrease in assets over time (from $4.27M in 201707 to $1.66M in 202307)

Strengths

The following positive indicators were identified for Project Als Inc:

  • Consistent multi-million dollar revenue generation
  • Reported 0% officer compensation across all filings, potentially maximizing program spending
  • Long history of IRS 990 filings (13 filings), indicating transparency in reporting

Frequently Asked Questions about Project Als Inc

Is Project Als Inc a legitimate charity?

Project Als Inc (EIN: 134019464) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.0M. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does Project Als Inc spend its money?

Project Als Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Project Als Inc tax-deductible?

Project Als Inc is registered as a tax-exempt nonprofit (EIN: 134019464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Project Als Inc's spending goes to programs?

Project Als Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Project Als Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Project Als Inc is above average for NTEE category G50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Project Als Inc located?

Project Als Inc is headquartered in Huntingtown, Maryland and files with the IRS under EIN 134019464. It is classified under NTEE code G50.

How many years of IRS 990 filings does Project Als Inc have?

Project Als 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 $4.0M in total revenue.

Why does Project Als Inc frequently operate at a deficit?

The filings show that in multiple periods, such as 202307, 202107, and 201907, expenses exceeded revenue, indicating a recurring operational deficit.

What is the reason for the significant increase in liabilities relative to assets in recent years?

In 202307, liabilities were $2,290,954 while assets were $1,661,605, a trend where liabilities surpass assets has been observed in several recent periods, suggesting increased reliance on debt or short-term obligations.

How does Project Als Inc sustain operations given the recurring deficits?

The organization likely draws upon prior reserves, incurs debt, or relies on future fundraising to cover the gaps between expenses and revenue, as evidenced by the fluctuating asset base and increasing liabilities.

Is the 0% officer compensation accurate, and if so, how are executive functions managed?

The filings consistently report 0% officer compensation. This could imply a volunteer executive structure or that compensation is reported under other expense categories, which would require further investigation of detailed financial statements.

Filing History

IRS 990 filing history for Project Als Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Project Als Inc's revenue has declined by 22.8%, moving from $4.9M to $3.8M. Total assets decreased by 39.2% over the same period, from $2.7M to $1.7M. Total functional expenses fell by 11.9%, from $5.1M to $4.5M. In its most recent filing year (2023), Project Als Inc reported a deficit of $707K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $1.7M in assets (debt-to-asset ratio: 137.9%), resulting in net assets of $-629,349.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.8M $4.5M $1.7M $2.3M
2022 $3.6M $3.5M $1.2M $1.6M View 990
2021 $2.6M $3.2M $1.6M $2.1M
2020 $4.3M $3.8M $2.6M $2.6M View 990
2019 $3.8M $4.6M $2.0M $2.5M View 990
2018 $4.1M $4.2M $3.9M $3.6M View 990
2017 $5.5M $5.3M $4.3M $4.0M
2016 $2.4M $2.5M $2.5M $2.4M View 990
2015 $3.0M $3.0M $3.2M $2.9M View 990
2014 $1.9M $2.0M $2.3M $1.9M View 990
2013 $2.0M $2.5M $2.6M $2.1M View 990
2012 $5.2M $4.9M $3.1M $2.1M View 990
2011 $4.9M $5.1M $2.7M $2.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.8M, expenses of $4.5M, and assets of $1.7M (revenue +5.0% year-over-year).
  • 2022: Revenue of $3.6M, expenses of $3.5M, and assets of $1.2M (revenue +37.7% year-over-year).
  • 2021: Revenue of $2.6M, expenses of $3.2M, and assets of $1.6M (revenue -39.4% year-over-year).
  • 2020: Revenue of $4.3M, expenses of $3.8M, and assets of $2.6M (revenue +12.2% year-over-year).
  • 2019: Revenue of $3.8M, expenses of $4.6M, and assets of $2.0M (revenue -6.5% year-over-year).
  • 2018: Revenue of $4.1M, expenses of $4.2M, and assets of $3.9M (revenue -25.5% year-over-year).
  • 2017: Revenue of $5.5M, expenses of $5.3M, and assets of $4.3M (revenue +133.4% year-over-year).
  • 2016: Revenue of $2.4M, expenses of $2.5M, and assets of $2.5M (revenue -20.0% year-over-year).
  • 2015: Revenue of $3.0M, expenses of $3.0M, and assets of $3.2M (revenue +53.3% year-over-year).
  • 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $2.3M (revenue -4.7% year-over-year).
  • 2013: Revenue of $2.0M, expenses of $2.5M, and assets of $2.6M (revenue -61.4% year-over-year).
  • 2012: Revenue of $5.2M, expenses of $4.9M, and assets of $3.1M (revenue +7.2% year-over-year).
  • 2011: Revenue of $4.9M, expenses of $5.1M, and assets of $2.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Project Als Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Project Als 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.

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