Project Renewal Of Davenport Inc
Project Renewal Of Davenport Inc shows consistent financial growth and zero liabilities over a decade.
EIN: 134292017 · Davenport, IA · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $525K |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Project Renewal Of Davenport Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Renewal Of Davenport Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Renewal Of Davenport Inc
Project Renewal Of Davenport Inc (EIN: 134292017) is a nonprofit organization based in Davenport, IA, classified under NTEE code P30. The organization reported total revenue of $1.2M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Renewal Of Davenport Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Renewal Of Davenport Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $640K |
| Total Expenses | $525K |
| Surplus / Deficit | +$115K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 17.9% |
| Months of Reserves | 32.8 months |
Financial Health Grade: A
In 2023, Project Renewal Of Davenport Inc reported a surplus of $115K with revenue exceeding expenses, holds 32.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Project Renewal Of Davenport Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.9% | +127.9% | +8.7% |
| 2022 | -20.7% | +27.6% | +19.3% |
| 2021 | +70.2% | +38.8% | +52.2% |
| 2020 | +25.5% | -1.8% | +37.6% |
| 2019 | +6.3% | -0.1% | +35.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Renewal Of Davenport Inc with a Mission Score of 92 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Project Renewal Of Davenport Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $115K, with revenue exceeding expenses.
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 other means not categorized as officer compensation, which is a positive sign for resource allocation directly to mission.
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.
Strengths
The following positive indicators were identified for Project Renewal Of Davenport Inc:
- Consistent revenue growth, from $153,001 in 2014 to $640,046 in 2023.
- Significant asset growth, from $202,288 in 2014 to $1,437,274 in 2023.
- Zero reported liabilities across all 10 years of filings, indicating strong financial stability.
- 0% officer compensation reported, suggesting resources are directed to programs.
- Consistent positive net income (revenue exceeding expenses) in most recent years, demonstrating sustainability.
Frequently Asked Questions about Project Renewal Of Davenport Inc
Is Project Renewal Of Davenport Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Renewal Of Davenport Inc (EIN: 134292017) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Project Renewal Of Davenport Inc spend its money?
Project Renewal Of Davenport Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Project Renewal Of Davenport Inc tax-deductible?
Project Renewal Of Davenport Inc is registered as a tax-exempt nonprofit (EIN: 134292017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Project Renewal Of Davenport Inc's spending goes to programs?
Project Renewal Of Davenport Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Project Renewal Of Davenport Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Project Renewal Of Davenport Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Renewal Of Davenport Inc located?
Project Renewal Of Davenport Inc is headquartered in Davenport, Iowa and files with the IRS under EIN 134292017. It is classified under NTEE code P30.
How many years of IRS 990 filings does Project Renewal Of Davenport Inc have?
Project Renewal Of Davenport 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 $1.2M in total revenue.
Is Project Renewal Of Davenport Inc a good charity?
Based on its financial health, consistent growth, and zero reported liabilities, Project Renewal Of Davenport Inc appears to be a very well-managed and financially sound charity. The 0% officer compensation is also a strong positive indicator.
How has the organization's financial health changed over time?
The organization has experienced significant financial growth, with revenue increasing from $153,001 in 2014 to $640,046 in 2023, and assets growing from $202,288 to $1,437,274 over the same period. This indicates strong and sustained financial health.
Does Project Renewal Of Davenport Inc have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.
Filing History
IRS 990 filing history for Project Renewal Of Davenport Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Project Renewal Of Davenport Inc's revenue has grown by 529.6%, moving from $102K to $640K. Total assets increased by 1021.3% over the same period, from $128K to $1.4M. Total functional expenses rose by 401.7%, from $105K to $525K. In its most recent filing year (2023), Project Renewal Of Davenport Inc reported a surplus of $115K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $640K | $525K | $1.4M | $0 | — | View 990 |
| 2022 | $445K | $231K | $1.3M | $0 | — | View 990 |
| 2021 | $561K | $181K | $1.1M | $0 | — | View 990 |
| 2020 | $329K | $130K | $728K | $0 | — | View 990 |
| 2019 | $262K | $133K | $529K | $0 | — | View 990 |
| 2018 | $247K | $133K | $391K | $0 | — | View 990 |
| 2017 | $183K | $145K | $272K | $0 | — | View 990 |
| 2016 | $180K | $130K | $226K | $0 | — | View 990 |
| 2015 | $145K | $151K | $184K | $0 | — | View 990 |
| 2014 | $153K | $119K | $202K | $0 | — | View 990 |
| 2013 | $147K | $127K | $149K | $0 | — | View 990 |
| 2012 | $107K | $110K | $124K | $0 | — | View 990 |
| 2011 | $102K | $105K | $128K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $640K, expenses of $525K, and assets of $1.4M (revenue +43.9% year-over-year).
- 2022: Revenue of $445K, expenses of $231K, and assets of $1.3M (revenue -20.7% year-over-year).
- 2021: Revenue of $561K, expenses of $181K, and assets of $1.1M (revenue +70.2% year-over-year).
- 2020: Revenue of $329K, expenses of $130K, and assets of $728K (revenue +25.5% year-over-year).
- 2019: Revenue of $262K, expenses of $133K, and assets of $529K (revenue +6.3% year-over-year).
- 2018: Revenue of $247K, expenses of $133K, and assets of $391K (revenue +35.0% year-over-year).
- 2017: Revenue of $183K, expenses of $145K, and assets of $272K (revenue +1.7% year-over-year).
- 2016: Revenue of $180K, expenses of $130K, and assets of $226K (revenue +24.1% year-over-year).
- 2015: Revenue of $145K, expenses of $151K, and assets of $184K (revenue -5.3% year-over-year).
- 2014: Revenue of $153K, expenses of $119K, and assets of $202K (revenue +4.4% year-over-year).
- 2013: Revenue of $147K, expenses of $127K, and assets of $149K (revenue +37.3% year-over-year).
- 2012: Revenue of $107K, expenses of $110K, and assets of $124K (revenue +5.0% year-over-year).
- 2011: Revenue of $102K, expenses of $105K, and assets of $128K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Renewal Of Davenport Inc:
Data Sources and Methodology
This transparency report for Project Renewal Of Davenport 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.