Project-haystack is a 501(c)(6) organization based in Glen Allen, Virginia, registered in 2015, with $685,016 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$685K
▼ 12.0% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$717K
Net assets
$142K
Employees
—
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-haystack— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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-haystack: 2 mo reserves · -5% margin earns a B on this criterion. See the exact thresholds →
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-haystack— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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-haystack: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $86K (FY2014) to $685K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$142K
Total liabilities
$0
Net assets
$142K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $685,016▼12.0% | $717,189▼10.0% | $141,927▼18.5% | $141,927▼18.5% | 990 |
| 2023 | $778,384▲121% | $796,492▲142% | $174,100▼9.4% | $174,100▼25.4% | 990 |
| 2022 | $352,194▲307% | $329,483▲346% | $192,208▲13.4% | $233,506▲37.8% | 990 |
| 2021 | $86,435▲57.5% | $73,919▲125% | $169,497▲8.0% | $169,497▲8.0% | 990 |
| 2020 | $54,880▼81.6% | $32,804▼89.9% | $156,981▲16.4% | $156,981▲16.4% | 990 |
| 2019 | $298,025▲365% | $325,149▲699% | $134,905▼16.7% | $134,905▼41.6% | 990 |
| 2018 | $64,125▼77.7% | $40,698▼84.5% | $162,029▲16.9% | $230,863▲66.6% | 990 |
| 2017 | $287,010▲209% | $263,184▲395% | $138,602▲20.8% | $138,602▲20.8% | 990 |
| 2016 | $92,737▼53.9% | $53,189▼72.1% | $114,776▲52.6% | $114,776▲52.6% | 990 |
| 2015 | $201,318▲133% | $190,819▲782% | $75,228▲16.2% | $75,228▲12.9% | 990 |
| 2014 | $86,371 | $21,642 | $64,729 | $66,632 | 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.
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Data for Project-haystack (EIN 47-1160839) 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.