Project Social Care Head Start
Project Social Care Head Start experiences rapid growth with consistent surpluses and no reported officer compensation.
EIN: 113559007 · Brooklyn, NY · NTEE: S50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.2M |
| Total Expenses | $17.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20.2 |
| Net Assets | $4.2M |
| Transparency Score | 92/100 |
Is Project Social Care Head Start Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Social Care Head Start directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Social Care Head Start
Project Social Care Head Start (EIN: 113559007) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code S50. The organization reported total revenue of $20.2M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Social Care Head Start's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Social Care Head Start is a large nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 31.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.2M |
| Total Expenses | $17.7M |
| Surplus / Deficit | +$2.6M |
| Total Assets | $6.3M |
| Total Liabilities | $2.1M |
| Net Assets | $4.2M |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 34.0% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2021, Project Social Care Head Start reported a surplus of $2.6M with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 34.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Project Social Care Head Start's revenue has grown at a compound annual growth rate (CAGR) of 31.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +19.9% | +10.5% | +88.1% |
| 2020 | +47.9% | +42.3% | +60.3% |
| 2019 | +39.6% | +39.7% | +64.3% |
| 2018 | -0.8% | +0.9% | +12.4% |
| 2017 | +8.3% | +3.9% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Social Care Head Start 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Project Social Care Head Start allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.0%.
Executive Compensation Analysis
Project Social Care Head Start consistently reports 0% officer compensation across all 11 filings, which is highly unusual for an organization of its size ($20.2 million revenue in 2021) and suggests either a fully volunteer leadership or compensation structured outside of typical officer reporting.
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 Social Care Head Start's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Project Social Care Head Start:
- Exceptional revenue growth, increasing from $1.35 million in 2012 to over $20.2 million in 2021.
- Consistent operational surpluses, with revenue exceeding expenses in most reported periods (e.g., $20,235,501 revenue vs. $17,676,538 expenses in 2021).
- Significant asset accumulation, growing from $20,250 in 2012 to $6,318,610 in 2021.
- No reported officer compensation across all 11 filings, indicating a strong commitment to directing funds towards programs or a unique leadership compensation structure.
Frequently Asked Questions about Project Social Care Head Start
Is Project Social Care Head Start a legitimate charity?
Project Social Care Head Start (EIN: 113559007) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $20.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Project Social Care Head Start spend its money?
Project Social Care Head Start directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Project Social Care Head Start tax-deductible?
Project Social Care Head Start is registered as a tax-exempt nonprofit (EIN: 113559007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Project Social Care Head Start CEO make?
Project Social Care Head Start's highest-compensated officer earns $20.2 annually. The organization reported $20.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Project Social Care Head Start's spending goes to programs?
Project Social Care Head Start directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Project Social Care Head Start compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Project Social Care Head Start is above average for NTEE category S50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Social Care Head Start located?
Project Social Care Head Start is headquartered in Brooklyn, New York and files with the IRS under EIN 113559007. It is classified under NTEE code S50.
How many years of IRS 990 filings does Project Social Care Head Start have?
Project Social Care Head Start has 11 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 $20.2M in total revenue.
Is Project Social Care Head Start financially stable?
Yes, the organization appears very financially stable, demonstrating consistent revenue growth from $1.35 million in 2012 to over $20.2 million in 2021, and accumulating significant assets of $6,318,610 by 2021 while maintaining operational surpluses.
How has Project Social Care Head Start's size changed over time?
Project Social Care Head Start has experienced explosive growth, with its revenue increasing by over 1400% from $1,347,653 in 2012 to $20,235,501 in 2021, and assets growing from $20,250 to $6,318,610 in the same period.
Does Project Social Care Head Start pay its executives?
Based on the provided IRS 990 data, Project Social Care Head Start consistently reports 0% officer compensation across all 11 filings, suggesting that its officers are either unpaid volunteers or compensated through other means not classified as 'officer compensation' on the 990.
Filing History
IRS 990 filing history for Project Social Care Head Start showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Project Social Care Head Start's revenue has grown by 1427.6%, moving from $1.3M to $20.2M. Total assets increased by 30382% over the same period, from $21K to $6.3M. Total functional expenses rose by 1233.7%, from $1.3M to $17.7M. In its most recent filing year (2021), Project Social Care Head Start reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $6.3M in assets (debt-to-asset ratio: 34.0%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $20.2M | $17.7M | $6.3M | $2.1M | — | — |
| 2020 | $16.9M | $16.0M | $3.4M | $1.7M | — | View 990 |
| 2019 | $11.4M | $11.2M | $2.1M | $1.4M | — | View 990 |
| 2018 | $8.2M | $8.0M | $1.3M | $728K | — | View 990 |
| 2017 | $8.2M | $8.0M | $1.1M | $721K | — | View 990 |
| 2016 | $7.6M | $7.7M | $932K | $789K | — | View 990 |
| 2015 | $4.2M | $4.0M | $622K | $418K | — | View 990 |
| 2014 | $1.5M | $1.8M | $238K | $153K | — | View 990 |
| 2013 | $1.4M | $1.3M | $76K | $6K | — | View 990 |
| 2012 | $1.3M | $1.3M | $20K | $3K | — | View 990 |
| 2011 | $1.3M | $1.3M | $21K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $20.2M, expenses of $17.7M, and assets of $6.3M (revenue +19.9% year-over-year).
- 2020: Revenue of $16.9M, expenses of $16.0M, and assets of $3.4M (revenue +47.9% year-over-year).
- 2019: Revenue of $11.4M, expenses of $11.2M, and assets of $2.1M (revenue +39.6% year-over-year).
- 2018: Revenue of $8.2M, expenses of $8.0M, and assets of $1.3M (revenue -0.8% year-over-year).
- 2017: Revenue of $8.2M, expenses of $8.0M, and assets of $1.1M (revenue +8.3% year-over-year).
- 2016: Revenue of $7.6M, expenses of $7.7M, and assets of $932K (revenue +82.9% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.0M, and assets of $622K (revenue +186.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.8M, and assets of $238K (revenue +3.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $76K (revenue +3.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $20K (revenue +1.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Social Care Head Start:
Data Sources and Methodology
This transparency report for Project Social Care Head Start 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.