Anacortes Family Center
Anacortes Family Center shows strong financial growth and efficient operations with no reported officer compensation.
EIN: 200775618 · Anacortes, WA · NTEE: L40 · Updated: 2026-03-28
Is Anacortes Family Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anacortes Family Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anacortes Family Center
Anacortes Family Center (EIN: 200775618) is a nonprofit organization based in Anacortes, WA, classified under NTEE code L40. The organization reported total revenue of $4.5M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anacortes Family Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anacortes Family Center with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Anacortes Family Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Anacortes Family Center reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This is highly unusual for an organization of its size, with assets of $17,622,785 in 2023, and suggests a strong volunteer leadership model or that compensation is reported under other expense categories.
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 Anacortes Family Center's IRS 990 filings:
- No reported officer compensation, which is unusual for an organization of this size and could indicate compensation is reported in other categories or a reliance on unpaid leadership, which may not be sustainable long-term.
Strengths
The following positive indicators were identified for Anacortes Family Center:
- Strong financial health with consistent revenue growth and significant asset accumulation (assets grew from $2.1M in 2014 to $17.6M in 2023).
- Efficient operations with expenses consistently well below revenues (e.g., 2023 revenue $3.3M vs. expenses $1.8M).
- Very low liabilities relative to assets, indicating strong financial stability.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- No reported officer compensation, suggesting a strong focus on mission-driven spending.
Frequently Asked Questions about Anacortes Family Center
Is Anacortes Family Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Anacortes Family Center (EIN: 200775618) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Anacortes Family Center spend its money?
Anacortes Family Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anacortes Family Center tax-deductible?
Anacortes Family Center is registered as a tax-exempt nonprofit (EIN: 200775618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Anacortes Family Center a good charity?
Based on the provided financial data, Anacortes Family Center appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and efficient management with expenses significantly lower than revenues. The absence of reported officer compensation is also a positive indicator of mission focus.
How has Anacortes Family Center's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $2,140,958 in 2014 to $17,622,785 in 2023, and revenues have consistently outpaced expenses, leading to substantial surpluses and increased financial stability.
What is the trend in Anacortes Family Center's revenue and expenses?
Anacortes Family Center has experienced a strong upward trend in revenue, with some fluctuations, reaching a peak of $5,579,792 in 2021. Expenses have also increased but at a much slower rate, consistently remaining well below revenue, indicating efficient cost control. For example, in 2023, revenue was $3,320,073 while expenses were $1,826,435.
Does Anacortes Family Center have significant liabilities?
No, Anacortes Family Center does not appear to have significant liabilities relative to its assets. In 2023, liabilities were $1,412,643 against assets of $17,622,785, representing a very healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Anacortes Family Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Anacortes Family Center's revenue has grown by 1374.2%, moving from $225K to $3.3M. Total assets increased by 691.8% over the same period, from $2.2M to $17.6M. Total functional expenses rose by 643.5%, from $246K to $1.8M. In its most recent filing year (2023), Anacortes Family Center reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $17.6M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $16.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.8M | $17.6M | $1.4M | — | — |
| 2022 | $4.0M | $1.2M | $14.6M | $77K | — | View 990 |
| 2021 | $5.6M | $1.1M | $11.6M | $81K | — | — |
| 2020 | $1.3M | $1.1M | $7.8M | $64K | — | View 990 |
| 2019 | $1.6M | $757K | $7.5M | $37K | — | View 990 |
| 2018 | $1.9M | $630K | $6.5M | $38K | — | View 990 |
| 2017 | $1.6M | $564K | $5.3M | $33K | — | View 990 |
| 2016 | $1.6M | $462K | $4.3M | $95K | — | View 990 |
| 2015 | $1.2M | $365K | $2.9M | $7K | — | View 990 |
| 2014 | $315K | $266K | $2.1M | $2K | — | View 990 |
| 2013 | $185K | $235K | $2.1M | $12K | — | View 990 |
| 2012 | $208K | $289K | $2.1M | $8K | — | View 990 |
| 2011 | $225K | $246K | $2.2M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.8M, and assets of $17.6M (revenue -16.8% year-over-year).
- 2022: Revenue of $4.0M, expenses of $1.2M, and assets of $14.6M (revenue -28.5% year-over-year).
- 2021: Revenue of $5.6M, expenses of $1.1M, and assets of $11.6M (revenue +345.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $7.8M (revenue -22.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $757K, and assets of $7.5M (revenue -16.7% year-over-year).
- 2018: Revenue of $1.9M, expenses of $630K, and assets of $6.5M (revenue +21.5% year-over-year).
- 2017: Revenue of $1.6M, expenses of $564K, and assets of $5.3M (revenue +0.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $462K, and assets of $4.3M (revenue +37.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $365K, and assets of $2.9M (revenue +269.3% year-over-year).
- 2014: Revenue of $315K, expenses of $266K, and assets of $2.1M (revenue +69.7% year-over-year).
- 2013: Revenue of $185K, expenses of $235K, and assets of $2.1M (revenue -10.6% year-over-year).
- 2012: Revenue of $208K, expenses of $289K, and assets of $2.1M (revenue -7.9% year-over-year).
- 2011: Revenue of $225K, expenses of $246K, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Anacortes Family Center 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.