Thoughts & Gifts Project
EIN: 823488166 · Monmouth, OR · NTEE: P58
Is Thoughts & Gifts Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thoughts & Gifts Project
Thoughts & Gifts Project (EIN: 823488166) is a nonprofit organization based in Monmouth, OR, classified under NTEE code P58. The organization reported total revenue of $134K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thoughts & Gifts Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Thoughts & Gifts Project 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 Thoughts & Gifts Project 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 Thoughts & Gifts Project
Is Thoughts & Gifts Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Thoughts & Gifts Project (EIN: 823488166) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thoughts & Gifts Project spend its money?
Detailed spending breakdown data is not yet available for Thoughts & Gifts Project. Check back for updated IRS 990 analysis.
Are donations to Thoughts & Gifts Project tax-deductible?
Thoughts & Gifts Project is registered as a tax-exempt nonprofit (EIN: 823488166). 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 Thoughts & Gifts Project showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Thoughts & Gifts Project's revenue has grown by 90.2%, moving from $61K to $116K. Total assets increased by 56.5% over the same period, from $51K to $81K. Total functional expenses rose by 97.5%, from $53K to $105K. In its most recent filing year (2023), Thoughts & Gifts Project reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $105K | $81K | $0 | — | — |
| 2022 | $128K | $96K | $69K | $0 | — | View 990 |
| 2021 | $62K | $53K | $37K | $0 | — | — |
| 2020 | $61K | $53K | $51K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $105K, and assets of $81K (revenue -9.4% year-over-year).
- 2022: Revenue of $128K, expenses of $96K, and assets of $69K (revenue +107.5% year-over-year).
- 2021: Revenue of $62K, expenses of $53K, and assets of $37K (revenue +1.2% year-over-year).
- 2020: Revenue of $61K, expenses of $53K, and assets of $51K.
Data Sources and Methodology
This transparency report for Thoughts & Gifts Project 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.