SCommunity Improvement & Capacity BuildingEIN: 883216649· Ruling Year: 2023

Project Evident Inc

Boston, Massachusetts

B+Health Score
72B+

Financial Health Score

Provisional

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

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.48×
Peer Median2.76×
💰
$6.5M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$4.1M
Net Assets
📋
$171K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+995.2%
Year-over-year change (2022 → 2023)
Net Margin
+57.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.48
Net assets divided by total expenses
Liabilities-to-Assets
4.0%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$6,469,116995%$2,783,2141771%$4,298,374873%
2022$590,660$148,789$441,871

Frequently Asked Questions

What does Project Evident Inc do?

Project Evident Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Evident Inc financially healthy?

Based on our 9-metric Financial Health Score model, Project Evident Inc has a score of 72/100 (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 Evident Inc generate?

Project Evident Inc reports $10.5M in annual revenue and holds $9.3M in total assets, based on IRS filings.

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Project Evident Inc — Boston, MA | GiveScope