Education
(B99Z)
IRS Verified
DX Registered
990 on File
INGENUITY PROJECT INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.3M
Total Revenue
$2.1M
Total Expenses
$1.2M
Net Assets
103
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.6%
Fundraising Efficiency
328.0%
Operating Reserve
7.08x
Liability-to-Asset
4.8%
Revenue Diversification
93.4%
Executive Compensation
$158K
Compared with Peers
FY 2024
Compared with 7,562 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.6% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.1% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
328.0% | 57.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.1 mo | 8.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.8% | 18.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.4% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-47.8% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.1% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-62.6% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.3M | $2.1M | $1.2M | 79.6% | 103 |
| 2023 | $2.4M | $1.9M | $2.0M | 78.5% | 129 |
| 2022 | $1.9M | $1.8M | $1.5M | 78.5% | 94 |
| 2021 | $1.9M | $1.5M | N/A | — | 83 |
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