Project Bead Foundation Inc
EIN: 870545402 · Narragansett, RI · NTEE: P60
| Metric | Value |
|---|---|
| Total Expenses | $9K |
| Net Assets | $53K |
Search Intent Cockpit
Project Bead Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Project Bead Foundation 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 Bead Foundation Inc in one place.
Form 990 Filing Summary
3 filing years are available, with latest revenue of $33K and expenses of $9K.
Revenue and Expenses
Project Bead Foundation Inc reported $33K in revenue and $9K in expenses, a surplus of $24K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Project Bead Foundation Inc Legit?
Insufficient Data
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
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
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Project Bead Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 3 stored filing years |
| Peer context | Compare with Lord Of Glory Ministries Inc | Rhode Island and Human Services context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Lord Of Glory Ministries Inc →All Rhode Island nonprofits
All Human Services
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Narragansett, RI nonprofitsHuman Services in Rhode Island
Human Services in Rhode Island
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Human Services spending
Best Human Services charities in Rhode Island
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Spurwink Ri
Cranston, RI · $9.7M revenue · Score 70/100
Compare side-by-sideLord Of Glory Ministries Inc
Warwick, RI · $0 revenue · Score 50/100
Compare side-by-sideAmerican Federation Of State County & Municipal Employees
Hopkinton, RI · $0 revenue · Score 50/100
Compare side-by-sideNew England Rsvp Council
Woonsocket, RI · $0 revenue · Score 50/100
Compare side-by-sideBrowse the full Human Services peer market in Rhode Island →
Next Best Actions
Keep the Investigation Moving
About Project Bead Foundation Inc
Project Bead Foundation Inc (EIN: 870545402) is a nonprofit organization based in Narragansett, RI, classified under NTEE code P60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Bead Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Bead Foundation Inc is a micro nonprofit that has been operating for 30 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -53.7%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $9K |
| Surplus / Deficit | +$24K |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | 72.0% |
| Months of Reserves | 69.0 months |
Financial Health Grade: A
In 2013, Project Bead Foundation Inc reported a surplus of $24K with revenue exceeding expenses, holds 69.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2011–2013), Project Bead Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -53.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +18.6% | -37.8% | +80.8% |
| 2012 | -81.9% | -89.2% | +78.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Project Bead Foundation 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 Project Bead Foundation 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Frequently Asked Questions about Project Bead Foundation Inc
Is Project Bead Foundation Inc a legitimate charity?
Project Bead Foundation Inc (EIN: 870545402) is a registered tax-exempt nonprofit based in Rhode Island. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Project Bead Foundation Inc spend its money?
Project Bead Foundation Inc reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Project Bead Foundation Inc tax-deductible?
Project Bead Foundation Inc is registered as a tax-exempt nonprofit (EIN: 870545402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Project Bead Foundation Inc located?
Project Bead Foundation Inc is headquartered in Narragansett, Rhode Island and files with the IRS under EIN 870545402. It is classified under NTEE code P60.
How many years of IRS 990 filings does Project Bead Foundation Inc have?
Project Bead Foundation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Project Bead Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Project Bead Foundation Inc's revenue has declined by 78.5%, moving from $153K to $33K. Total assets increased by 222.9% over the same period, from $16K to $53K. Total functional expenses fell by 93.3%, from $137K to $9K. In its most recent filing year (2013), Project Bead Foundation Inc reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $33K | $9K | $53K | $0 | — | View 990 |
| 2012 | $28K | $15K | $29K | $0 | — | View 990 |
| 2011 | $153K | $137K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $33K, expenses of $9K, and assets of $53K (revenue +18.6% year-over-year).
- 2012: Revenue of $28K, expenses of $15K, and assets of $29K (revenue -81.9% year-over-year).
- 2011: Revenue of $153K, expenses of $137K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Bead Foundation Inc:
Data Sources and Methodology
This transparency report for Project Bead Foundation 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.