Young Writers Project Inc
Young Writers Project Inc. faces recurring operational deficits despite zero executive compensation.
EIN: 205231693 · Burlington, VT · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $173K |
| Program Spending | 80% |
| Net Assets | $101K |
| Transparency Score | 75/100 |
Is Young Writers Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Young Writers Project Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Writers Project Inc
Young Writers Project Inc (EIN: 205231693) is a nonprofit organization based in Burlington, VT, classified under NTEE code O50. The organization reported total revenue of $137K and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Writers Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Writers Project Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $173K |
| Surplus / Deficit | $-49,473 |
| Total Assets | $103K |
| Total Liabilities | $2K |
| Net Assets | $101K |
| Operating Margin | -39.9% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, Young Writers Project Inc reported a deficit of $49K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Young Writers Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.5% | +6.9% | -32.2% |
| 2022 | -5.7% | -1.8% | +1.1% |
| 2021 | -18.9% | -1.8% | +22.9% |
| 2020 | +44.8% | -6.0% | +221.1% |
| 2019 | -20.3% | -34.0% | -32.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Young Writers Project Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Young Writers Project Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Young Writers Project Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size and mission.
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 Young Writers Project Inc's IRS 990 filings:
- Recurring operational deficits, such as the $49,473 deficit in 202306.
- Significant decline in revenue from $385,060 in 201706 to $123,929 in 202306.
Strengths
The following positive indicators were identified for Young Writers Project Inc:
- Consistent 0% officer compensation across all filings, demonstrating high efficiency in executive pay.
- Focus on program delivery, as implied by the lack of executive compensation.
Frequently Asked Questions about Young Writers Project Inc
Is Young Writers Project Inc a legitimate charity?
Young Writers Project Inc (EIN: 205231693) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $137K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Young Writers Project Inc spend its money?
Young Writers Project Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Young Writers Project Inc tax-deductible?
Young Writers Project Inc is registered as a tax-exempt nonprofit (EIN: 205231693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Young Writers Project Inc's spending goes to programs?
Young Writers Project Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Young Writers Project Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Young Writers Project Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Young Writers Project Inc located?
Young Writers Project Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 205231693. It is classified under NTEE code O50.
How many years of IRS 990 filings does Young Writers Project Inc have?
Young Writers Project Inc 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 $137K in total revenue.
Is Young Writers Project Inc. financially stable?
The organization has experienced periods of financial instability, with expenses exceeding revenue in multiple years, including a $49,473 deficit in 202306. While assets have fluctuated, consistent operational surpluses are not evident.
How does Young Writers Project Inc. manage executive compensation?
Young Writers Project Inc. reports 0% officer compensation in all available IRS 990 filings, indicating a strong commitment to directing funds away from executive salaries and towards its programs.
What is the trend in Young Writers Project Inc.'s revenue?
Revenue has shown a declining trend in recent years, from a high of $385,060 in 201706 to $123,929 in 202306, suggesting challenges in fundraising or grant acquisition.
Filing History
IRS 990 filing history for Young Writers Project Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Young Writers Project Inc's revenue has declined by 30.7%, moving from $179K to $124K. Total assets increased by 728.2% over the same period, from $12K to $103K. Total functional expenses fell by 34.4%, from $264K to $173K. In its most recent filing year (2023), Young Writers Project Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $2K in liabilities against $103K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $173K | $103K | $2K | — | View 990 |
| 2022 | $181K | $162K | $152K | $2K | — | View 990 |
| 2021 | $192K | $165K | $151K | $19K | — | View 990 |
| 2020 | $236K | $168K | $123K | $17K | — | View 990 |
| 2019 | $163K | $179K | $38K | $869 | — | View 990 |
| 2018 | $205K | $271K | $57K | $4K | — | — |
| 2017 | $385K | $288K | $119K | $-144 | — | View 990 |
| 2016 | $284K | $312K | $26K | $3K | — | View 990 |
| 2015 | $305K | $301K | $50K | $-200 | — | View 990 |
| 2014 | $343K | $323K | $46K | $-200 | — | View 990 |
| 2013 | $347K | $334K | $26K | $2K | — | View 990 |
| 2012 | $179K | $264K | $12K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $173K, and assets of $103K (revenue -31.5% year-over-year).
- 2022: Revenue of $181K, expenses of $162K, and assets of $152K (revenue -5.7% year-over-year).
- 2021: Revenue of $192K, expenses of $165K, and assets of $151K (revenue -18.9% year-over-year).
- 2020: Revenue of $236K, expenses of $168K, and assets of $123K (revenue +44.8% year-over-year).
- 2019: Revenue of $163K, expenses of $179K, and assets of $38K (revenue -20.3% year-over-year).
- 2018: Revenue of $205K, expenses of $271K, and assets of $57K (revenue -46.8% year-over-year).
- 2017: Revenue of $385K, expenses of $288K, and assets of $119K (revenue +35.5% year-over-year).
- 2016: Revenue of $284K, expenses of $312K, and assets of $26K (revenue -6.9% year-over-year).
- 2015: Revenue of $305K, expenses of $301K, and assets of $50K (revenue -11.0% year-over-year).
- 2014: Revenue of $343K, expenses of $323K, and assets of $46K (revenue -1.3% year-over-year).
- 2013: Revenue of $347K, expenses of $334K, and assets of $26K (revenue +94.2% year-over-year).
- 2012: Revenue of $179K, expenses of $264K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Writers Project Inc:
Data Sources and Methodology
This transparency report for Young Writers 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.