KFood, Agriculture & NutritionEIN: 208345956· 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

💰
$1.6M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$2.2M
Net Assets
📋
$188K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.8%
Year-over-year change (2022 → 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$1,640,57517%$2,522,63738%$2,368,14326%
2022$1,972,18039%$1,831,63211%$3,189,5524%
2021$3,245,98788%$2,059,11548%$3,076,22150%
2020$1,725,2276%$1,390,02216%$2,052,13511%
2019$1,844,3947%$1,653,8583%$1,841,09511%
2018$1,717,62110%$1,703,01415%$1,656,86427%
2016$1,561,69619%$1,477,2901%$1,309,48047%
2015$1,309,63012%$1,464,85037%$888,120109%
2014$1,168,243142%$1,065,436133%$425,7244%
2013$481,96695%$456,61856%$410,121106%
2012$246,79122%$292,13866%$199,5354%
2011$202,932$176,094$191,407

Frequently Asked Questions

What does Project Apis M do?

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?

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?

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

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