Project Pay-itforward is a 501(c)(3) organization based in Austin, Texas, registered in 2009, with $410 in FY2016 revenue. CharityIndex grades it F.
Revenue (FY2016)
$410
▼ 97.3% vs prior year
Education median: $200K
Expenses (FY2016)
$29K
Net assets
$29K
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 Pay-itforward— 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 Pay-itforward: 12 mo reserves · -6971% margin earns a F 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 Pay-itforward— 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 Pay-itforward: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $49K (FY2012) to $410 (FY2016) across 4 reported years.
Financial snapshot
Operating margin
-6971.2%
Spent more than it raised in the latest fiscal year.
Total assets
$30K
Total liabilities
$725
Net assets
$29K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2016 | $410▼97.3% | $28,992▲74.9% | $29,028▲13.6% | $29,753▲16.5% | 990EZ |
| 2014 | $15,305▼74.7% | $16,572▼69.0% | $25,548▼4.7% | $25,548▼4.7% | 990EZ |
| 2013 | $60,483▲23.2% | $53,427▲38.7% | $26,815▲35.7% | $26,815▲26.6% | 990EZ |
| 2012 | $49,105 | $38,521 | $19,759 | $21,175 | 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 Pay-itforward (EIN 26-3819640) 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.