Project On Middle East Democracy Inc
Project On Middle East Democracy Inc faces significant deficit in latest fiscal year with expenses more than doubling revenue.
EIN: 141952056 · Washington, DC · NTEE: Q200 · Updated: 2026-03-28
Is Project On Middle East Democracy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project On Middle East Democracy Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Project On Middle East Democracy Inc
Project On Middle East Democracy Inc (EIN: 141952056) is a nonprofit organization based in Washington, DC, classified under NTEE code Q200. The organization reported total revenue of $600K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project On Middle East Democracy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project On Middle East Democracy Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $600K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-708,724 |
| Total Assets | $1.3M |
| Total Liabilities | $839K |
| Net Assets | $416K |
| Operating Margin | -118.1% |
| Debt-to-Asset Ratio | 66.9% |
| Months of Reserves | 11.5 months |
Financial Health Grade: C
In 2023, Project On Middle East Democracy Inc reported a deficit of $709K with expenses exceeding revenue, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 66.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Project On Middle East Democracy Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.3% | -29.4% | -43.1% |
| 2022 | -3.5% | +13.8% | +75.4% |
| 2021 | +12.7% | +0.7% | +33.2% |
| 2020 | +8.4% | -0.9% | +16.9% |
| 2019 | -1.3% | +3.4% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 On Middle East Democracy Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Project On Middle East Democracy Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $709K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received reportable compensation from the organization, which is a strong positive for minimizing administrative costs.
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 On Middle East Democracy Inc's IRS 990 filings:
- Significant deficit in latest fiscal year ($708,724 in 2023)
- Sharp decline in revenue from $1.89M in 2022 to $600K in 2023
- Substantial increase in liabilities from $173,469 in 2021 to $838,521 in 2023
- Assets decreased by nearly $1M from 2022 to 2023
Strengths
The following positive indicators were identified for Project On Middle East Democracy Inc:
- Consistent reporting of 0% officer compensation across all filings
- Historically maintained significant revenue streams prior to 2023
- Positive asset growth in several prior years (e.g., 2020-2022)
Frequently Asked Questions about Project On Middle East Democracy Inc
Is Project On Middle East Democracy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project On Middle East Democracy Inc (EIN: 141952056) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Project On Middle East Democracy Inc spend its money?
Project On Middle East Democracy Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Project On Middle East Democracy Inc tax-deductible?
Project On Middle East Democracy Inc is registered as a tax-exempt nonprofit (EIN: 141952056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant drop in revenue from $1,894,194 in 2022 to $600,167 in 2023?
The IRS 990 data shows a sharp decline in revenue, but the specific reasons (e.g., loss of major grants, changes in funding strategy) are not detailed in the summary data and would require reviewing the full filing.
How does Project On Middle East Democracy Inc plan to address the $708,724 deficit reported in the 2023 fiscal year?
The summary data indicates expenses of $1,308,891 against revenue of $600,167, resulting in a substantial deficit. The organization's strategy to cover this shortfall or prevent future deficits is not apparent from the provided data.
What is the breakdown of the $1,308,891 in expenses for 2023, particularly between program services, administration, and fundraising?
While the summary provides total expenses, a detailed breakdown is crucial for assessing spending efficiency. This information would be found in Part IX of the full IRS Form 990.
Given the increase in liabilities from $173,469 in 2021 to $838,521 in 2023, what are the primary components of these liabilities?
The significant increase in liabilities warrants investigation into their nature (e.g., accounts payable, deferred revenue, loans) to understand the organization's financial obligations, which would be detailed in the full 990.
Filing History
IRS 990 filing history for Project On Middle East Democracy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Project On Middle East Democracy Inc's revenue has grown by 35.8%, moving from $442K to $600K. Total assets increased by 643% over the same period, from $169K to $1.3M. Total functional expenses rose by 198.1%, from $439K to $1.3M. In its most recent filing year (2023), Project On Middle East Democracy Inc reported a deficit of $709K, with expenses exceeding revenue. The organization holds $839K in liabilities against $1.3M in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $600K | $1.3M | $1.3M | $839K | — | — |
| 2022 | $1.9M | $1.9M | $2.2M | $1.1M | — | View 990 |
| 2021 | $2.0M | $1.6M | $1.3M | $173K | — | View 990 |
| 2020 | $1.7M | $1.6M | $944K | $193K | — | View 990 |
| 2019 | $1.6M | $1.6M | $808K | $179K | — | View 990 |
| 2018 | $1.6M | $1.6M | $813K | $157K | — | View 990 |
| 2017 | $1.1M | $1.4M | $749K | $142K | — | View 990 |
| 2016 | $1.6M | $1.2M | $984K | $71K | — | View 990 |
| 2015 | $1.1M | $1.2M | $587K | $86K | — | View 990 |
| 2014 | $1.2M | $1.1M | $641K | $35K | — | View 990 |
| 2013 | $1.2M | $905K | $439K | $0 | — | View 990 |
| 2012 | $806K | $791K | $179K | $213 | — | View 990 |
| 2011 | $442K | $439K | $169K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $600K, expenses of $1.3M, and assets of $1.3M (revenue -68.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $2.2M (revenue -3.5% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $1.3M (revenue +12.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $944K (revenue +8.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $808K (revenue -1.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $813K (revenue +42.9% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.4M, and assets of $749K (revenue -30.6% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.2M, and assets of $984K (revenue +53.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $587K (revenue -14.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $641K (revenue +7.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $905K, and assets of $439K (revenue +44.5% year-over-year).
- 2012: Revenue of $806K, expenses of $791K, and assets of $179K (revenue +82.4% year-over-year).
- 2011: Revenue of $442K, expenses of $439K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project On Middle East Democracy Inc:
Data Sources and Methodology
This transparency report for Project On Middle East Democracy 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.