Project Inspire 603
EIN: 384169787 · Northwood, NH · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $13K |
| Net Assets | $11K |
Is Project Inspire 603 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Inspire 603
Project Inspire 603 (EIN: 384169787) is a nonprofit organization based in Northwood, NH, classified under NTEE code B12. The organization reported total revenue of $12K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Inspire 603's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Inspire 603 is a micro nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $13K |
| Surplus / Deficit | $-2,911 |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | -28.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.0 months |
Financial Health Grade: B
In 2023, Project Inspire 603 reported a deficit of $3K with expenses exceeding revenue, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Project Inspire 603's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.8% | -3.3% | -20.9% |
| 2022 | +146.4% | +266.7% | +162.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Project Inspire 603 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 Inspire 603 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Project Inspire 603
Is Project Inspire 603 a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Inspire 603 (EIN: 384169787) insufficient data. 0 red flags identified, 0 strengths noted.
How does Project Inspire 603 spend its money?
Detailed spending breakdown data is not yet available for Project Inspire 603. Check back for updated IRS 990 analysis.
Are donations to Project Inspire 603 tax-deductible?
Project Inspire 603 is registered as a tax-exempt nonprofit (EIN: 384169787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Project Inspire 603 located?
Project Inspire 603 is headquartered in Northwood, New Hampshire and files with the IRS under EIN 384169787. It is classified under NTEE code B12.
How many years of IRS 990 filings does Project Inspire 603 have?
Project Inspire 603 has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $12K in total revenue.
Filing History
IRS 990 filing history for Project Inspire 603 showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Project Inspire 603's revenue has grown by 13.8%, moving from $9K to $10K. Total assets increased by 107.3% over the same period, from $5K to $11K. Total functional expenses rose by 254.6%, from $4K to $13K. In its most recent filing year (2023), Project Inspire 603 reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $13K | $11K | $1 | — | — |
| 2022 | $22K | $14K | $14K | $1 | — | — |
| 2021 | $9K | $4K | $5K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $13K, and assets of $11K (revenue -53.8% year-over-year).
- 2022: Revenue of $22K, expenses of $14K, and assets of $14K (revenue +146.4% year-over-year).
- 2021: Revenue of $9K, expenses of $4K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Inspire 603:
Data Sources and Methodology
This transparency report for Project Inspire 603 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.