Project-angels Bearing Gifts
Only null% goes to programs Strong reserves Declining revenue
Project-angels Bearing Gifts is a 501(c)(3) organization based in Santa Barbara, California, registered in 2004, with $28,499 in FY2011 revenue. CharityIndex grades it C+.
Po Box 41721, Santa Barbara, CA, 93140 EIN 52-2407578 Since 2004
Revenue (FY2011)
$28K
▼ 20.7% vs prior year
Human Services median: $293K
Expenses (FY2011)
$21K
Net assets
$41K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Project-angels Bearing Gifts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Project-angels Bearing Gifts: 23 mo reserves · +25% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Project-angels Bearing Gifts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Project-angels Bearing Gifts: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 41721, Santa Barbara, CA, 93140
- City
- Santa Barbara
- State
- California
- Category
- Human Services
- Subcategory
- Personal Social Services
- Website
- …
Financial trends
Revenue declined from $36K (FY2010) to $28K (FY2011) across 2 reported years.
Financial snapshot
Financial health & position (FY2011)
Operating margin
25.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$41K
Net assets
$41K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2011 | $28,499▼20.7% | $21,294▲6.9% | $41,478▲21.0% | $41,478▲21.0% | 990EZ |
| 2010 | $35,926 | $19,917 | $34,273 | $34,273 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $10K total
2 grants to Project-angels Bearing Gifts totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $5,000 |
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Frequently asked questions
- Is Project-angels Bearing Gifts a legitimate nonprofit?
- Yes. Project-angels Bearing Gifts is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2407578, based in Santa Barbara, California. Donations are tax-deductible.
- What is Project-angels Bearing Gifts's EIN?
- Project-angels Bearing Gifts's Employer Identification Number (EIN) is 52-2407578.
- How much revenue does Project-angels Bearing Gifts report?
- Project-angels Bearing Gifts reported $28,499 in total revenue on its fiscal year 2011 IRS Form 990 filing.
- What financial grade does Project-angels Bearing Gifts have?
- CharityIndex grades Project-angels Bearing Gifts C+, based on financial health (reserves and operating margin).
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Data for Project-angels Bearing Gifts (EIN 52-2407578) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.