Federal Way Knights Baseball Club
Federal Way Knights Baseball Club shows consistent revenue growth and strong asset management with no officer compensation.
EIN: 202300826 · Federal Way, WA · NTEE: N63 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $351K |
| Program Spending | 90% |
| Net Assets | $140K |
| Transparency Score | 92/100 |
Is Federal Way Knights Baseball Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Federal Way Knights Baseball Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Federal Way Knights Baseball Club
Federal Way Knights Baseball Club (EIN: 202300826) is a nonprofit organization based in Federal Way, WA, classified under NTEE code N63. The organization reported total revenue of $360K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federal Way Knights Baseball Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federal Way Knights Baseball Club is a small nonprofit that has been operating for 2 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $390K |
| Total Expenses | $351K |
| Surplus / Deficit | +$39K |
| Total Assets | $140K |
| Net Assets | $140K |
| Operating Margin | 9.9% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Federal Way Knights Baseball Club reported a surplus of $39K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2011–2023), Federal Way Knights Baseball Club's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +157.2% | +170.0% | +39.8% |
| 2018 | +7.9% | +0.0% | +27.4% |
| 2017 | +42.0% | +30.9% | +15.5% |
| 2016 | -11.0% | -27.5% | -0.5% |
| 2015 | -12.5% | +19.0% | -27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Federal Way Knights Baseball Club 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Federal Way Knights Baseball Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $39K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is a strong positive for directing funds to programs.
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.
Strengths
The following positive indicators were identified for Federal Way Knights Baseball Club:
- Consistent revenue growth from $118,361 (2011) to $389,652 (2023).
- Zero reported liabilities across all filings, indicating strong financial health.
- 0% officer compensation, suggesting high program efficiency.
- Steady increase in assets from $91,314 (2011) to $140,165 (2023).
- Regular and consistent IRS 990 filing history (9 filings).
Frequently Asked Questions about Federal Way Knights Baseball Club
Is Federal Way Knights Baseball Club a legitimate charity?
Federal Way Knights Baseball Club (EIN: 202300826) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 92/100. It has 9 years of IRS 990 filings on record. Total revenue: $360K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Federal Way Knights Baseball Club spend its money?
Federal Way Knights Baseball Club directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Federal Way Knights Baseball Club tax-deductible?
Federal Way Knights Baseball Club is registered as a tax-exempt nonprofit (EIN: 202300826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Federal Way Knights Baseball Club's spending goes to programs?
Federal Way Knights Baseball Club directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Federal Way Knights Baseball Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Federal Way Knights Baseball Club is above average for NTEE category N63 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Federal Way Knights Baseball Club located?
Federal Way Knights Baseball Club is headquartered in Federal Way, Washington and files with the IRS under EIN 202300826. It is classified under NTEE code N63.
How many years of IRS 990 filings does Federal Way Knights Baseball Club have?
Federal Way Knights Baseball Club has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $360K in total revenue.
Is Federal Way Knights Baseball Club a good charity?
Based on the provided financial data, Federal Way Knights Baseball Club appears to be a well-managed and effective charity. It demonstrates consistent growth, maintains a healthy balance sheet with no liabilities, and directs 100% of reported officer compensation to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $118,361 in 2011 to $389,652 in 2023, indicating expanding operations and support.
What is the organization's asset position?
Federal Way Knights Baseball Club has steadily grown its assets from $91,314 in 2011 to $140,165 in 2023, while consistently reporting $0 in liabilities, reflecting strong financial stability.
Filing History
IRS 990 filing history for Federal Way Knights Baseball Club showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Federal Way Knights Baseball Club's revenue has grown by 229.2%, moving from $118K to $390K. Total assets increased by 53.5% over the same period, from $91K to $140K. Total functional expenses rose by 304.5%, from $87K to $351K. In its most recent filing year (2023), Federal Way Knights Baseball Club reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $390K | $351K | $140K | $0 | — | View 990 |
| 2018 | $152K | $130K | $100K | $0 | — | — |
| 2017 | $140K | $130K | $79K | $0 | — | — |
| 2016 | $99K | $99K | $68K | $0 | — | — |
| 2015 | $111K | $137K | $69K | $0 | — | — |
| 2014 | $127K | $115K | $94K | $0 | — | View 990 |
| 2013 | $100K | $109K | $82K | $0 | — | View 990 |
| 2012 | $103K | $103K | $91K | $0 | — | View 990 |
| 2011 | $118K | $87K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $390K, expenses of $351K, and assets of $140K (revenue +157.2% year-over-year).
- 2018: Revenue of $152K, expenses of $130K, and assets of $100K (revenue +7.9% year-over-year).
- 2017: Revenue of $140K, expenses of $130K, and assets of $79K (revenue +42.0% year-over-year).
- 2016: Revenue of $99K, expenses of $99K, and assets of $68K (revenue -11.0% year-over-year).
- 2015: Revenue of $111K, expenses of $137K, and assets of $69K (revenue -12.5% year-over-year).
- 2014: Revenue of $127K, expenses of $115K, and assets of $94K (revenue +26.8% year-over-year).
- 2013: Revenue of $100K, expenses of $109K, and assets of $82K (revenue -2.6% year-over-year).
- 2012: Revenue of $103K, expenses of $103K, and assets of $91K (revenue -13.1% year-over-year).
- 2011: Revenue of $118K, expenses of $87K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federal Way Knights Baseball Club:
Data Sources and Methodology
This transparency report for Federal Way Knights Baseball Club 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.