Project Eden Inc
Project Eden Inc maintains stable assets and zero officer compensation despite recent minor operational deficits.
EIN: 203266913 · Concord, NH · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $78K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $172K |
| Transparency Score | 90/100 |
Is Project Eden Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Eden Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Eden Inc
Project Eden Inc (EIN: 203266913) is a nonprofit organization based in Concord, NH, classified under NTEE code Q33. The organization reported total revenue of $77K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Eden Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Eden Inc is a micro nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $78K |
| Surplus / Deficit | $-184 |
| Total Assets | $209K |
| Total Liabilities | $37K |
| Net Assets | $172K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 17.7% |
| Months of Reserves | 32.3 months |
Financial Health Grade: B
In 2024, Project Eden Inc reported a deficit of $184 with expenses exceeding revenue, holds 32.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2024), Project Eden Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.9% | -9.2% | +1.2% |
| 2023 | -25.4% | +11.9% | -1.6% |
| 2022 | -14.1% | -11.9% | -1.5% |
| 2021 | +0.9% | -13.9% | +10.4% |
| 2020 | +34.9% | +28.6% | +50.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Project Eden Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Project Eden Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $184, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues typically under $100,000.
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 Eden Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two fiscal periods (2023 and 2024), indicating minor operational deficits.
Strengths
The following positive indicators were identified for Project Eden Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Steady growth in assets from $97,014 in 2015 to $208,786 in 2024, demonstrating financial stability.
- Long history of IRS 990 filings (12 periods), indicating strong transparency and accountability.
- Relatively stable revenue base over the past decade, showing consistent support.
Frequently Asked Questions about Project Eden Inc
Is Project Eden Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Eden Inc (EIN: 203266913) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Project Eden Inc spend its money?
Project Eden Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Project Eden Inc tax-deductible?
Project Eden Inc is registered as a tax-exempt nonprofit (EIN: 203266913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Project Eden Inc CEO make?
Project Eden Inc's highest-compensated officer earns $100,000. annually. The organization reported $77K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Project Eden Inc's spending goes to programs?
Project Eden Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Project Eden Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Project Eden Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Eden Inc located?
Project Eden Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 203266913. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Project Eden Inc have?
Project Eden 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 $77K in total revenue.
Is Project Eden Inc a good charity?
Based on the available data, Project Eden Inc appears to be a good charity. It demonstrates strong financial transparency with 12 years of filings, has growing assets, and notably reports 0% officer compensation, meaning funds are not diverted to executive salaries. While it has experienced minor operational deficits in the last two years, its overall financial stability and commitment to its mission are positive indicators.
How has Project Eden Inc's financial health changed over time?
Project Eden Inc's financial health has generally improved over time, with assets more than doubling from $97,014 in 2015 to $208,786 in 2024. Revenue has fluctuated but remained relatively stable. However, the last two periods (2023 and 2024) show expenses slightly exceeding revenue, which is a recent shift from earlier periods where revenue often outpaced expenses.
What is Project Eden Inc's approach to executive compensation?
Project Eden Inc's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This indicates a strong commitment to directing all financial resources towards its programs and operational needs rather than executive salaries.
Filing History
IRS 990 filing history for Project Eden Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Project Eden Inc's revenue has grown by 47.3%, moving from $53K to $77K. Total assets increased by 282.9% over the same period, from $55K to $209K. Total functional expenses rose by 9.5%, from $71K to $78K. In its most recent filing year (2024), Project Eden Inc reported a deficit of $184, with expenses exceeding revenue. The organization holds $37K in liabilities against $209K in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $77K | $78K | $209K | $37K | — | — |
| 2023 | $74K | $86K | $206K | $34K | — | View 990 |
| 2022 | $99K | $76K | $210K | $36K | — | — |
| 2021 | $115K | $87K | $213K | $62K | — | — |
| 2020 | $114K | $101K | $193K | $51K | — | View 990 |
| 2019 | $85K | $78K | $128K | $0 | — | View 990 |
| 2018 | $89K | $84K | $122K | $0 | — | View 990 |
| 2017 | $87K | $68K | $117K | $0 | — | View 990 |
| 2016 | $70K | $68K | $98K | $0 | — | View 990 |
| 2015 | $85K | $68K | $97K | $0 | — | View 990 |
| 2014 | $96K | $59K | $80K | $0 | — | View 990 |
| 2011 | $53K | $71K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $77K, expenses of $78K, and assets of $209K (revenue +4.9% year-over-year).
- 2023: Revenue of $74K, expenses of $86K, and assets of $206K (revenue -25.4% year-over-year).
- 2022: Revenue of $99K, expenses of $76K, and assets of $210K (revenue -14.1% year-over-year).
- 2021: Revenue of $115K, expenses of $87K, and assets of $213K (revenue +0.9% year-over-year).
- 2020: Revenue of $114K, expenses of $101K, and assets of $193K (revenue +34.9% year-over-year).
- 2019: Revenue of $85K, expenses of $78K, and assets of $128K (revenue -4.4% year-over-year).
- 2018: Revenue of $89K, expenses of $84K, and assets of $122K (revenue +2.0% year-over-year).
- 2017: Revenue of $87K, expenses of $68K, and assets of $117K (revenue +23.7% year-over-year).
- 2016: Revenue of $70K, expenses of $68K, and assets of $98K (revenue -17.9% year-over-year).
- 2015: Revenue of $85K, expenses of $68K, and assets of $97K (revenue -11.4% year-over-year).
- 2014: Revenue of $96K, expenses of $59K, and assets of $80K (revenue +83.3% year-over-year).
- 2011: Revenue of $53K, expenses of $71K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Eden Inc:
Data Sources and Methodology
This transparency report for Project Eden 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.