The Sewing Machine Project Inc
EIN: 260248041 · Fitchburg, WI · NTEE: P20
Is The Sewing Machine 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 Sewing Machine Project Inc
The Sewing Machine Project Inc (EIN: 260248041) is a nonprofit organization based in Fitchburg, WI, classified under NTEE code P20. The organization reported total revenue of $92K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sewing Machine Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for The Sewing Machine 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 Sewing Machine 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.
Frequently Asked Questions about The Sewing Machine Project Inc
Is The Sewing Machine Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Sewing Machine Project Inc (EIN: 260248041) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Sewing Machine Project Inc spend its money?
Detailed spending breakdown data is not yet available for The Sewing Machine Project Inc. Check back for updated IRS 990 analysis.
Are donations to The Sewing Machine Project Inc tax-deductible?
The Sewing Machine Project Inc is registered as a tax-exempt nonprofit (EIN: 260248041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Sewing Machine Project Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), The Sewing Machine Project Inc's revenue has declined by 52.1%, moving from $72K to $34K. Total assets decreased by 24.2% over the same period, from $118K to $89K. Total functional expenses rose by 17%, from $48K to $56K. In its most recent filing year (2023), The Sewing Machine Project Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1K in liabilities against $89K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $56K | $89K | $1K | — | View 990 |
| 2022 | $72K | $48K | $118K | $8K | — | — |
Data Sources and Methodology
This transparency report for The Sewing Machine 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.