K โ€” Food, Agriculture & NutritionEIN: 208345956ยท Ruling Year: 2008

Project Apis M

Torrey, Utah

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$1.6M
Total Revenue
๐Ÿ“Š
$2.5M
Total Expenses
๐Ÿฆ
$2.2M
Net Assets
๐Ÿ“‹
$188K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-53.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.86
Net assets divided by total expenses
Liabilities-to-Assets
7.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,640,575โ†“17%$2,522,637โ†‘38%$2,368,143โ†“26%
2022$1,972,180โ†“39%$1,831,632โ†“11%$3,189,552โ†‘4%
2021$3,245,987โ†‘88%$2,059,115โ†‘48%$3,076,221โ†‘50%
2020$1,725,227โ†“6%$1,390,022โ†“16%$2,052,135โ†‘11%
2019$1,844,394โ†‘7%$1,653,858โ†“3%$1,841,095โ†‘11%
2018$1,717,621โ†‘10%$1,703,014โ†‘15%$1,656,864โ†‘27%
2016$1,561,696โ†‘19%$1,477,290โ†‘1%$1,309,480โ†‘47%
2015$1,309,630โ†‘12%$1,464,850โ†‘37%$888,120โ†‘109%
2014$1,168,243โ†‘142%$1,065,436โ†‘133%$425,724โ†‘4%
2013$481,966โ†‘95%$456,618โ†‘56%$410,121โ†‘106%
2012$246,791โ†‘22%$292,138โ†‘66%$199,535โ†‘4%
2011$202,932$176,094$191,407

Frequently Asked Questions

What does Project Apis M do?โ–ผ

Project Apis M is a food, agriculture & nutrition nonprofit organization based in Utah. It is classified under NTEE code K05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Apis M financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Project Apis M has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Project Apis M generate?โ–ผ

Project Apis M reports $2.0M in annual revenue and holds $1.9M in total assets, based on IRS filings.

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Project Apis M โ€” Torrey, UT | GiveScope