Project Onyx Inc
EIN: 853067838 · Bondurant, IA · NTEE: O20
Is Project Onyx Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Onyx Inc
Project Onyx Inc (EIN: 853067838) is a nonprofit organization based in Bondurant, IA, classified under NTEE code O20. The organization reported total revenue of $75K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Onyx Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Project Onyx 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 Onyx 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.
Frequently Asked Questions about Project Onyx Inc
Is Project Onyx Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Onyx Inc (EIN: 853067838) insufficient data. 0 red flags identified, 0 strengths noted.
How does Project Onyx Inc spend its money?
Detailed spending breakdown data is not yet available for Project Onyx Inc. Check back for updated IRS 990 analysis.
Are donations to Project Onyx Inc tax-deductible?
Project Onyx Inc is registered as a tax-exempt nonprofit (EIN: 853067838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Project Onyx Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Project Onyx Inc's revenue has declined by 26.9%, moving from $103K to $75K. Total functional expenses fell by 49.1%, from $102K to $52K. In its most recent filing year (2022), Project Onyx Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $75K | $52K | $23K | $0 | — | — |
| 2021 | $103K | $102K | $0 | $0 | — | — |
Data Sources and Methodology
This transparency report for Project Onyx 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.