Quick charity verification for Downtown Wastington On The Waterfront (EIN: 200175742)
Verdict: Downtown Wastington On The Waterfront appears trustworthy
85/100Mission Score
$328KRevenue
$1.1MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $1,075 in 2014 to $478,048 in 2023, which warrants further investigation into their nature.
Strengths
Consistent revenue growth over the past decade, from $123,677 in 2014 to $291,743 in 2023.
Substantial asset accumulation, growing from $53,189 in 2014 to $973,813 in 2023.
0% officer compensation reported across all filings, indicating strong financial stewardship and dedication to mission.
Positive net income in most recent filing ($291,743 revenue vs. $247,791 expenses in 202306).
Spending Breakdown
How Downtown Wastington On The Waterfront allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Downtown Wastington On The Waterfront
Is Downtown Wastington On The Waterfront a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Wastington On The Waterfront (EIN: 200175742) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Downtown Wastington On The Waterfront a good charity to donate to?
Downtown Wastington On The Waterfront has a Mission Score of 85/100. Revenue: $328K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Downtown Wastington On The Waterfront?
The Employer Identification Number (EIN) for Downtown Wastington On The Waterfront is 200175742. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Downtown Wastington On The Waterfront spend its money?
Downtown Wastington On The Waterfront allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Downtown Wastington On The Waterfront's tax-exempt status?
You can verify Downtown Wastington On The Waterfront's tax-exempt status using EIN 200175742 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Downtown Washington On The Waterfront demonstrates a generally healthy financial trajectory, marked by consistent revenue growth and a significant increase in assets over the past decade. In the latest filing period (202306), the organization reported revenue of $291,743 against expenses of $247,791, indicating a surplus. Their assets have grown substantially from $53,189 in 2014 to $973,813 in 2023, suggesting effective financial management and asset accumulation. However, the organization's liabilities have also seen a notable increase, reaching $478,048 in 2023, which warrants closer monitoring to ensure long-term financial stability. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing their transparency and public trust. While specific program spending details are not provided in the summary data, the overall financial health appears robust, with a clear pattern of growth and prudent management regarding executive pay.