Shift Project Ltd
EIN: 452779314 · New York, NY · NTEE: Q70
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.1M |
| Net Assets | $2.7M |
Is Shift Project Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shift Project Ltd
Shift Project Ltd (EIN: 452779314) is a nonprofit organization based in New York, NY, classified under NTEE code Q70. The organization reported total revenue of $3.3M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shift Project Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shift Project Ltd is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 21.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$434K |
| Total Assets | $3.6M |
| Total Liabilities | $917K |
| Net Assets | $2.7M |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 25.4% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, Shift Project Ltd reported a surplus of $434K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 25.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Shift Project Ltd's revenue has grown at a compound annual growth rate (CAGR) of 21.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +19.8% | +10.7% |
| 2022 | +15.5% | +8.5% | +14.0% |
| 2021 | +7.2% | -1.3% | +36.8% |
| 2020 | -4.0% | -0.9% | +18.6% |
| 2019 | +20.6% | +22.6% | +42.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shift Project Ltd 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 Shift Project Ltd 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $434K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.4%.
Frequently Asked Questions about Shift Project Ltd
Is Shift Project Ltd a legitimate charity?
Shift Project Ltd (EIN: 452779314) is a registered tax-exempt nonprofit based in New York. It has 12 years of IRS 990 filings on record. Total revenue: $3.3M. No red flags identified. Financial health grade: A.
How does Shift Project Ltd spend its money?
Shift Project Ltd reported $3.3M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shift Project Ltd tax-deductible?
Shift Project Ltd is registered as a tax-exempt nonprofit (EIN: 452779314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shift Project Ltd located?
Shift Project Ltd is headquartered in New York, New York and files with the IRS under EIN 452779314. It is classified under NTEE code Q70.
How many years of IRS 990 filings does Shift Project Ltd have?
Shift Project Ltd has 12 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 $3.3M in total revenue.
Filing History
IRS 990 filing history for Shift Project Ltd showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Shift Project Ltd's revenue has grown by 723.3%, moving from $431K to $3.5M. Total assets increased by 1357.1% over the same period, from $248K to $3.6M. Total functional expenses rose by 436.2%, from $580K to $3.1M. In its most recent filing year (2023), Shift Project Ltd reported a surplus of $434K, with revenue exceeding expenses. The organization holds $917K in liabilities against $3.6M in assets (debt-to-asset ratio: 25.4%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.1M | $3.6M | $917K | — | — |
| 2022 | $3.2M | $2.6M | $3.3M | $1.0M | — | View 990 |
| 2021 | $2.8M | $2.4M | $2.9M | $1.2M | — | — |
| 2020 | $2.6M | $2.4M | $2.1M | $865K | — | View 990 |
| 2019 | $2.7M | $2.4M | $1.8M | $720K | — | View 990 |
| 2018 | $2.3M | $2.0M | $1.2M | $466K | — | View 990 |
| 2017 | $2.0M | $1.8M | $954K | $434K | — | View 990 |
| 2016 | $1.8M | $1.6M | $939K | $655K | — | View 990 |
| 2015 | $1.4M | $1.4M | $486K | $463K | — | View 990 |
| 2014 | $1.3M | $1.4M | $427K | $418K | — | View 990 |
| 2013 | $1.5M | $1.2M | $589K | $482K | — | View 990 |
| 2012 | $431K | $580K | $248K | $397K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.1M, and assets of $3.6M (revenue +9.8% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.6M, and assets of $3.3M (revenue +15.5% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.4M, and assets of $2.9M (revenue +7.2% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.4M, and assets of $2.1M (revenue -4.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.4M, and assets of $1.8M (revenue +20.6% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.0M, and assets of $1.2M (revenue +12.4% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.8M, and assets of $954K (revenue +10.6% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $939K (revenue +28.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $486K (revenue +8.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $427K (revenue -12.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.2M, and assets of $589K (revenue +246.3% year-over-year).
- 2012: Revenue of $431K, expenses of $580K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shift Project Ltd:
Data Sources and Methodology
This transparency report for Shift Project Ltd 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.