Project Kenya Inc
Project Kenya Inc. operates on tight margins with no reported officer compensation and minimal liabilities.
EIN: 204227292 · Maryville, TN · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $79K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $16K |
| Transparency Score | 85/100 |
Is Project Kenya Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Kenya Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Kenya Inc
Project Kenya Inc (EIN: 204227292) is a nonprofit organization based in Maryville, TN, classified under NTEE code X99. The organization reported total revenue of $74K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Kenya Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Kenya Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $79K |
| Surplus / Deficit | $-78 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -0.1% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Project Kenya Inc reported a deficit of $78 with expenses exceeding revenue, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Project Kenya Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.4% | +2.3% | -0.5% |
| 2022 | -16.4% | +21.1% | -51.0% |
| 2021 | -0.2% | +3.0% | +35.6% |
| 2020 | -22.8% | -32.5% | +78.2% |
| 2019 | -0.1% | -3.2% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Kenya Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Project Kenya Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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:
- The organization reported a deficit of $78, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit 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 Kenya Inc's IRS 990 filings:
- Frequent instances of expenses exceeding revenue, such as in 2022 ($76,976 expenses vs. $60,338 revenue) and 2023 ($78,733 expenses vs. $78,655 revenue), which could strain future operations if not balanced.
Strengths
The following positive indicators were identified for Project Kenya Inc:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating a strong commitment to directing funds towards the mission.
- Zero reported liabilities across all available filings, demonstrating excellent fiscal management and no debt burden.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency and compliance.
- Maintained operational activity and revenue generation for over a decade, showing resilience and donor support.
Frequently Asked Questions about Project Kenya Inc
Is Project Kenya Inc a legitimate charity?
Project Kenya Inc (EIN: 204227292) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $74K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Project Kenya Inc spend its money?
Project Kenya Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Project Kenya Inc tax-deductible?
Project Kenya Inc is registered as a tax-exempt nonprofit (EIN: 204227292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Project Kenya Inc CEO make?
Project Kenya Inc's highest-compensated officer earns $100,000. annually. The organization reported $74K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Project Kenya Inc's spending goes to programs?
Project Kenya Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Project Kenya Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Project Kenya Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Kenya Inc located?
Project Kenya Inc is headquartered in Maryville, Tennessee and files with the IRS under EIN 204227292. It is classified under NTEE code X99.
How many years of IRS 990 filings does Project Kenya Inc have?
Project Kenya 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 $74K in total revenue.
Is Project Kenya Inc. a good charity?
Based on the available data, Project Kenya Inc. appears to be a good charity, particularly due to its consistent operation, zero reported officer compensation, and zero liabilities, suggesting a strong commitment to its mission and fiscal responsibility. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.
How does Project Kenya Inc. manage its finances given its tight operating margins?
Project Kenya Inc. manages its finances with very tight operating margins, often having expenses closely match or slightly exceed revenue, as seen in 2023 ($78,733 expenses vs. $78,655 revenue) and 2022 ($76,976 expenses vs. $60,338 revenue). The consistent zero liabilities indicate effective cash management and avoidance of debt.
What is the trend in Project Kenya Inc.'s assets?
Project Kenya Inc.'s assets have fluctuated, showing a peak of $32,647 in 2021 and a current value of $21,624 in 2023. While not accumulating substantial reserves, the assets have generally been maintained, indicating some financial stability despite tight operating margins.
Filing History
IRS 990 filing history for Project Kenya Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Project Kenya Inc's revenue has declined by 40.5%, moving from $132K to $79K. Total assets decreased by 53.8% over the same period, from $34K to $16K. Total functional expenses fell by 39.2%, from $130K to $79K. In its most recent filing year (2023), Project Kenya Inc reported a deficit of $78, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $79K | $16K | $0 | — | — |
| 2022 | $60K | $77K | $16K | $0 | — | — |
| 2021 | $72K | $64K | $33K | $0 | — | — |
| 2020 | $72K | $62K | $24K | $0 | — | — |
| 2019 | $94K | $91K | $14K | $0 | — | View 990 |
| 2018 | $94K | $94K | $11K | $0 | — | View 990 |
| 2017 | $70K | $71K | $12K | $0 | — | View 990 |
| 2016 | $89K | $84K | $13K | $0 | — | View 990 |
| 2015 | $75K | $73K | $8K | $0 | — | View 990 |
| 2014 | $96K | $117K | $7K | $0 | — | View 990 |
| 2013 | $164K | $153K | $28K | $0 | — | View 990 |
| 2012 | $103K | $121K | $17K | $0 | — | View 990 |
| 2011 | $132K | $130K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $79K, and assets of $16K (revenue +30.4% year-over-year).
- 2022: Revenue of $60K, expenses of $77K, and assets of $16K (revenue -16.4% year-over-year).
- 2021: Revenue of $72K, expenses of $64K, and assets of $33K (revenue -0.2% year-over-year).
- 2020: Revenue of $72K, expenses of $62K, and assets of $24K (revenue -22.8% year-over-year).
- 2019: Revenue of $94K, expenses of $91K, and assets of $14K (revenue -0.1% year-over-year).
- 2018: Revenue of $94K, expenses of $94K, and assets of $11K (revenue +33.9% year-over-year).
- 2017: Revenue of $70K, expenses of $71K, and assets of $12K (revenue -21.4% year-over-year).
- 2016: Revenue of $89K, expenses of $84K, and assets of $13K (revenue +19.6% year-over-year).
- 2015: Revenue of $75K, expenses of $73K, and assets of $8K (revenue -22.3% year-over-year).
- 2014: Revenue of $96K, expenses of $117K, and assets of $7K (revenue -41.5% year-over-year).
- 2013: Revenue of $164K, expenses of $153K, and assets of $28K (revenue +58.5% year-over-year).
- 2012: Revenue of $103K, expenses of $121K, and assets of $17K (revenue -21.8% year-over-year).
- 2011: Revenue of $132K, expenses of $130K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Kenya Inc:
Data Sources and Methodology
This transparency report for Project Kenya 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.