Quick charity verification for Washington Court Inc (EIN: 20493499)
Verdict: Washington Court Inc appears trustworthy
75/100Mission Score
$76KRevenue
$501KAssets
2Red Flags
4Strengths
Red Flags
Recurring periods of expenses exceeding revenue, such as in 202406 where expenses were $114,558 against $80,420 revenue, which could impact long-term sustainability.
Significant deficit in 201606 with expenses of $162,308 against revenue of $86,121, indicating a potential for large fluctuations in spending.
Strengths
Consistent reporting of 0% officer compensation across all filings, demonstrating efficient use of funds at the executive level.
Long and consistent IRS 990 filing history (14 filings), indicating strong transparency and compliance.
Stable asset base (around $500,000 - $600,000) providing a buffer against operational deficits.
Consistent revenue generation over many years, showing a reliable funding stream.
Spending Breakdown
How Washington Court Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Washington Court Inc
Is Washington Court Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington Court Inc (EIN: 20493499) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Washington Court Inc a good charity to donate to?
Washington Court Inc has a Mission Score of 75/100. Revenue: $76K. Assets: $501K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Washington Court Inc?
The Employer Identification Number (EIN) for Washington Court Inc is 20493499. 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 Washington Court Inc spend its money?
Washington Court Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Washington Court Inc's tax-exempt status?
You can verify Washington Court Inc's tax-exempt status using EIN 20493499 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
Washington Court Inc. demonstrates consistent financial activity over the past decade, with annual revenues generally fluctuating between $75,000 and $90,000. The organization's assets have remained relatively stable around the $500,000 to $600,000 range, indicating a consistent operational base. However, the latest filing (Period 202406) shows expenses of $114,558 significantly exceeding revenue of $80,420, resulting in a deficit. This trend of expenses occasionally surpassing revenue is observed in several past periods, such as 202006 and 201806, and notably in 201606 where expenses were $162,308 against $86,121 in revenue. While the organization maintains a healthy asset base relative to its annual revenue, consistent deficits could impact long-term sustainability if not addressed.
Regarding spending efficiency, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean operational structure at the executive level, which is a positive indicator for efficiency. The organization's transparency is good, with a consistent filing history of 14 IRS 990 forms, allowing for a clear view of its financial trends over time. The stability in assets and liabilities also suggests predictable financial management.
Overall, Washington Court Inc. appears to be a stable organization with a long operational history and good transparency through its consistent IRS filings. The primary area for attention is the recurring instances of expenses exceeding revenue, which, while not immediately critical due to existing assets, warrants monitoring to ensure long-term financial health. The absence of officer compensation is a strong positive for donor confidence in how funds are managed.