Project Philanthropy
Project Philanthropy reports $0 revenue and assets, indicating potential inactivity or dissolution.
EIN: 204862885 · Bozeman, MT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $573K |
| Net Assets | $541K |
| Transparency Score | 10/100 |
Is Project Philanthropy Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Philanthropy
Project Philanthropy (EIN: 204862885) is a nonprofit organization based in Bozeman, MT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Philanthropy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Philanthropy is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -37.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $573K |
| Surplus / Deficit | $-459,907 |
| Total Assets | $556K |
| Total Liabilities | $16K |
| Net Assets | $541K |
| Operating Margin | -407.3% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 11.7 months |
Financial Health Grade: B
In 2014, Project Philanthropy reported a deficit of $460K with expenses exceeding revenue, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Project Philanthropy's revenue has declined at a compound annual growth rate (CAGR) of -37.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -87.0% | -30.4% | +45.9% |
| 2013 | +7.7% | +35.5% | +20.8% |
| 2012 | +73.1% | +23.0% | +488.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Project Philanthropy with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Project Philanthropy allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $460K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation was consistently reported as 0% across all available filings, indicating no reported compensation for officers, directors, trustees, or key employees during its active years.
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 Philanthropy's IRS 990 filings:
- Latest reported revenue is $0
- Latest reported assets are $0
- Significant and rapid decline in revenue from 2013 to 2014 ($866,596 to $112,903)
- Expenses significantly exceeded revenue in 2014 ($572,810 expenses vs. $112,903 revenue)
Strengths
The following positive indicators were identified for Project Philanthropy:
- Reported 0% officer compensation during its active years, indicating no executive pay.
Frequently Asked Questions about Project Philanthropy
Is Project Philanthropy a legitimate charity?
Project Philanthropy (EIN: 204862885) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 10/100. It has 4 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does Project Philanthropy spend its money?
Project Philanthropy reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Project Philanthropy tax-deductible?
Project Philanthropy is registered as a tax-exempt nonprofit (EIN: 204862885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Project Philanthropy located?
Project Philanthropy is headquartered in Bozeman, Montana and files with the IRS under EIN 204862885.
How many years of IRS 990 filings does Project Philanthropy have?
Project Philanthropy has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Project Philanthropy still operational?
Based on the latest reported revenue and assets of $0, it is highly unlikely that Project Philanthropy is currently operational. The absence of any financial activity suggests it may be inactive or dissolved.
What caused the significant decline in revenue and assets?
The provided data does not specify the cause of the decline. However, the trend shows a sharp drop in revenue from $866,596 in 2013 to $112,903 in 2014, followed by the current $0, indicating a severe financial downturn.
Can I donate to Project Philanthropy?
Given the $0 reported revenue and assets, and the likely inactive status, it is strongly advised not to donate to Project Philanthropy as there is no indication it is currently capable of utilizing funds for its mission.
Filing History
IRS 990 filing history for Project Philanthropy showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Project Philanthropy's revenue has declined by 75.7%, moving from $465K to $113K. Total assets increased by 937.5% over the same period, from $54K to $556K. Total functional expenses rose by 16%, from $494K to $573K. In its most recent filing year (2014), Project Philanthropy reported a deficit of $460K, with expenses exceeding revenue. The organization holds $16K in liabilities against $556K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $541K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $113K | $573K | $556K | $16K | — | View 990 |
| 2013 | $867K | $823K | $381K | $25K | — | View 990 |
| 2012 | $805K | $607K | $316K | $3K | — | View 990 |
| 2011 | $465K | $494K | $54K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $113K, expenses of $573K, and assets of $556K (revenue -87.0% year-over-year).
- 2013: Revenue of $867K, expenses of $823K, and assets of $381K (revenue +7.7% year-over-year).
- 2012: Revenue of $805K, expenses of $607K, and assets of $316K (revenue +73.1% year-over-year).
- 2011: Revenue of $465K, expenses of $494K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Philanthropy:
Data Sources and Methodology
This transparency report for Project Philanthropy 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.