The Elm Project Inc
EIN: 61431690 · Stamford, CT · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $429K |
| Total Expenses | $398K |
| Net Assets | $197K |
Is The Elm Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Elm Project Inc
The Elm Project Inc (EIN: 61431690) is a nonprofit organization based in Stamford, CT, classified under NTEE code O99. The organization reported total revenue of $429K and total assets of $222K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Elm Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Elm Project Inc is a small nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $378K |
| Total Expenses | $398K |
| Surplus / Deficit | $-20,268 |
| Total Assets | $219K |
| Total Liabilities | $22K |
| Net Assets | $197K |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, The Elm Project Inc reported a deficit of $20K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), The Elm Project Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | +6.7% | -5.6% |
| 2022 | +2.5% | +11.3% | +6.1% |
| 2021 | +32.6% | +61.2% | +6.6% |
| 2020 | -19.7% | -42.3% | +86.5% |
| 2019 | -20.8% | -8.3% | -43.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Elm Project 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 The Elm Project 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.0%.
Frequently Asked Questions about The Elm Project Inc
Is The Elm Project Inc a legitimate charity?
The Elm Project Inc (EIN: 61431690) is a registered tax-exempt nonprofit based in Connecticut. It has 14 years of IRS 990 filings on record. Total revenue: $429K. No red flags identified. Financial health grade: B.
How does The Elm Project Inc spend its money?
The Elm Project Inc reported $429K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Elm Project Inc tax-deductible?
The Elm Project Inc is registered as a tax-exempt nonprofit (EIN: 61431690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Elm Project Inc located?
The Elm Project Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 61431690. It is classified under NTEE code O99.
How many years of IRS 990 filings does The Elm Project Inc have?
The Elm Project Inc has 14 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 $429K in total revenue.
Filing History
IRS 990 filing history for The Elm Project Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), The Elm Project Inc's revenue has declined by 0.4%, moving from $379K to $378K. Total assets decreased by 18.1% over the same period, from $267K to $219K. Total functional expenses rose by 333.9%, from $92K to $398K. In its most recent filing year (2023), The Elm Project Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $22K in liabilities against $219K in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $197K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $378K | $398K | $219K | $22K | — | View 990 |
| 2022 | $384K | $373K | $232K | $15K | — | View 990 |
| 2021 | $375K | $335K | $218K | $13K | — | View 990 |
| 2020 | $283K | $208K | $205K | $39K | — | View 990 |
| 2019 | $352K | $360K | $110K | $19K | — | View 990 |
| 2018 | $444K | $393K | $196K | $96K | — | View 990 |
| 2017 | $406K | $414K | $109K | $61K | — | View 990 |
| 2016 | $456K | $523K | $115K | $61K | — | View 990 |
| 2015 | $565K | $538K | $189K | $67K | — | View 990 |
| 2014 | $558K | $523K | $162K | $67K | — | View 990 |
| 2013 | $456K | $478K | $114K | $55K | — | View 990 |
| 2012 | $502K | $470K | $130K | $49K | — | View 990 |
| 2011 | $69K | $277K | $64K | $22K | — | View 990 |
| 2011 | $379K | $92K | $267K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $378K, expenses of $398K, and assets of $219K (revenue -1.7% year-over-year).
- 2022: Revenue of $384K, expenses of $373K, and assets of $232K (revenue +2.5% year-over-year).
- 2021: Revenue of $375K, expenses of $335K, and assets of $218K (revenue +32.6% year-over-year).
- 2020: Revenue of $283K, expenses of $208K, and assets of $205K (revenue -19.7% year-over-year).
- 2019: Revenue of $352K, expenses of $360K, and assets of $110K (revenue -20.8% year-over-year).
- 2018: Revenue of $444K, expenses of $393K, and assets of $196K (revenue +9.3% year-over-year).
- 2017: Revenue of $406K, expenses of $414K, and assets of $109K (revenue -10.9% year-over-year).
- 2016: Revenue of $456K, expenses of $523K, and assets of $115K (revenue -19.3% year-over-year).
- 2015: Revenue of $565K, expenses of $538K, and assets of $189K (revenue +1.3% year-over-year).
- 2014: Revenue of $558K, expenses of $523K, and assets of $162K (revenue +22.2% year-over-year).
- 2013: Revenue of $456K, expenses of $478K, and assets of $114K (revenue -9.1% year-over-year).
- 2012: Revenue of $502K, expenses of $470K, and assets of $130K (revenue +630.2% year-over-year).
- 2011: Revenue of $69K, expenses of $277K, and assets of $64K (revenue -81.9% year-over-year).
- 2011: Revenue of $379K, expenses of $92K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Elm Project Inc:
Data Sources and Methodology
This transparency report for The Elm Project 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.