1800 Massachusetts Avenue Corp
1800 Massachusetts Avenue Corp shows recent positive net income after years of significant operating deficits and declining assets.
EIN: 200451177 · Washington, DC · NTEE: S47 · Updated: 2026-03-28
Is 1800 Massachusetts Avenue Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
1800 Massachusetts Avenue Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1800 Massachusetts Avenue Corp
1800 Massachusetts Avenue Corp (EIN: 200451177) is a nonprofit organization based in Washington, DC, classified under NTEE code S47. The organization reported total revenue of $9.7M and total assets of $72.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1800 Massachusetts Avenue Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1800 Massachusetts Avenue Corp is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$188K |
| Total Assets | $73.6M |
| Total Liabilities | $34.5M |
| Net Assets | $39.1M |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 46.9% |
| Months of Reserves | 164.4 months |
Financial Health Grade: A
In 2023, 1800 Massachusetts Avenue Corp reported a surplus of $188K with revenue exceeding expenses, holds 164.4 months of operating reserves (strong position), has a debt-to-asset ratio of 46.9% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | +4.9% | -2.7% |
| 2022 | +9.6% | -11.6% | -2.1% |
| 2021 | +3.0% | +1.8% | -2.7% |
| 2020 | +38.1% | -17.8% | -2.6% |
| 2019 | +7072.0% | -4.4% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 1800 Massachusetts Avenue Corp with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, 1800 Massachusetts Avenue Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $188K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with assets exceeding $70 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized in a way that is not transparently reported as 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 1800 Massachusetts Avenue Corp's IRS 990 filings:
- History of negative revenues and significant operating deficits in earlier periods (e.g., -$3,242,083 revenue in 2016).
- Consistent decline in total assets from $86,868,176 in 2016 to $73,623,767 in 2023.
- 0% reported officer compensation across all filings, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive remuneration.
- Significant fluctuations in revenue and expenses over the filing history, indicating potential financial instability or reliance on non-recurring income/expenses.
Strengths
The following positive indicators were identified for 1800 Massachusetts Avenue Corp:
- Recent positive net income in 2022 and 2023 ($5,991,200 revenue vs. $5,123,035 expenses in 2022; $5,561,396 revenue vs. $5,373,658 expenses in 2023).
- Substantial reduction in liabilities from $86,749,377 in 2014 to $34,524,050 in 2023, improving the balance sheet.
- Large asset base ($73,623,767 in 2023) provides a significant foundation, despite the decline.
Frequently Asked Questions about 1800 Massachusetts Avenue Corp
Is 1800 Massachusetts Avenue Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, 1800 Massachusetts Avenue Corp (EIN: 200451177) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does 1800 Massachusetts Avenue Corp spend its money?
1800 Massachusetts Avenue Corp directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 1800 Massachusetts Avenue Corp tax-deductible?
1800 Massachusetts Avenue Corp is registered as a tax-exempt nonprofit (EIN: 200451177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the primary sources of revenue for 1800 Massachusetts Avenue Corp, especially given the historical negative revenue figures?
The filings show significant fluctuations, including negative revenues in several years (e.g., -$3,242,083 in 2016), which is atypical for a healthy nonprofit. Recent years show positive revenue, but the source of this turnaround and the nature of past negative revenues (e.g., investment losses, asset sales) are not detailed in the provided summary.
How does 1800 Massachusetts Avenue Corp manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size and asset base. It could imply a fully volunteer executive team, or that compensation is reported under other expense categories, which would reduce transparency regarding leadership costs.
What caused the significant reduction in liabilities from $86,749,377 in 2014 to $34,524,050 in 2023?
The substantial decrease in liabilities is a positive financial development. This could be due to debt repayment, restructuring, or other financial strategies, but the specific drivers are not detailed in the provided data.
What is the long-term sustainability plan given the consistent decline in assets from $86,868,176 in 2016 to $73,623,767 in 2023?
While liabilities have decreased, the steady decline in assets over several years raises questions about the organization's long-term financial strategy and whether it is drawing down its capital base to cover operations or other expenses.
Filing History
IRS 990 filing history for 1800 Massachusetts Avenue Corp showing financial trends over 14 years of public records:
Total assets decreased by 14.2% over the same period, from $85.8M to $73.6M. Total functional expenses fell by 2.3%, from $5.5M to $5.4M. In its most recent filing year (2023), 1800 Massachusetts Avenue Corp reported a surplus of $188K, with revenue exceeding expenses. The organization holds $34.5M in liabilities against $73.6M in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $39.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $5.4M | $73.6M | $34.5M | — | — |
| 2022 | $6.0M | $5.1M | $75.7M | $36.4M | — | View 990 |
| 2021 | $5.5M | $5.8M | $77.3M | $38.3M | — | View 990 |
| 2020 | $5.3M | $5.7M | $79.5M | $39.8M | — | View 990 |
| 2019 | $3.8M | $6.9M | $81.6M | $41.2M | — | — |
| 2018 | $54K | $7.2M | $83.5M | $68.8M | — | View 990 |
| 2017 | $-473,347 | $7.1M | $85.8M | $73.9M | — | View 990 |
| 2016 | $-3,242,083 | $5.5M | $86.9M | $78.6M | — | View 990 |
| 2015 | $-3,385,714 | $6.5M | $84.4M | $84.1M | — | View 990 |
| 2014 | $-2,089,266 | $6.7M | $83.1M | $86.7M | — | — |
| 2013 | $-582,782 | $5.6M | $86.6M | $84.4M | — | View 990 |
| 2012 | $-1,686,785 | $5.8M | $85.1M | $95.5M | — | View 990 |
| 2011 | $-2,497,999 | $6.4M | $83.4M | $94.5M | — | View 990 |
| 2010 | $-948,397 | $5.5M | $85.8M | $86.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $5.4M, and assets of $73.6M (revenue -7.2% year-over-year).
- 2022: Revenue of $6.0M, expenses of $5.1M, and assets of $75.7M (revenue +9.6% year-over-year).
- 2021: Revenue of $5.5M, expenses of $5.8M, and assets of $77.3M (revenue +3.0% year-over-year).
- 2020: Revenue of $5.3M, expenses of $5.7M, and assets of $79.5M (revenue +38.1% year-over-year).
- 2019: Revenue of $3.8M, expenses of $6.9M, and assets of $81.6M (revenue +7072.0% year-over-year).
- 2018: Revenue of $54K, expenses of $7.2M, and assets of $83.5M.
- 2017: Revenue of $-473,347, expenses of $7.1M, and assets of $85.8M.
- 2016: Revenue of $-3,242,083, expenses of $5.5M, and assets of $86.9M.
- 2015: Revenue of $-3,385,714, expenses of $6.5M, and assets of $84.4M.
- 2014: Revenue of $-2,089,266, expenses of $6.7M, and assets of $83.1M.
- 2013: Revenue of $-582,782, expenses of $5.6M, and assets of $86.6M.
- 2012: Revenue of $-1,686,785, expenses of $5.8M, and assets of $85.1M.
- 2011: Revenue of $-2,497,999, expenses of $6.4M, and assets of $83.4M.
- 2010: Revenue of $-948,397, expenses of $5.5M, and assets of $85.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1800 Massachusetts Avenue Corp:
Data Sources and Methodology
This transparency report for 1800 Massachusetts Avenue Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.