Friends Of The National World War Ii Memorial Inc
Friends Of The National World War II Memorial Inc. consistently operates with surpluses and zero officer compensation.
EIN: 134358477 · Washington, DC · NTEE: A128 · Updated: 2026-03-28
Is Friends Of The National World War Ii Memorial Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The National World War Ii Memorial Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The National World War Ii Memorial Inc
Friends Of The National World War Ii Memorial Inc (EIN: 134358477) is a nonprofit organization based in Washington, DC, classified under NTEE code A128. The organization reported total revenue of $9.1M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The National World War Ii Memorial Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The National World War Ii Memorial Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$525K |
| Total Assets | $4.7M |
| Total Liabilities | $165K |
| Net Assets | $4.5M |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Friends Of The National World War Ii Memorial Inc reported a surplus of $525K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Friends Of The National World War Ii Memorial Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.7% | +32.7% | -23.0% |
| 2022 | -19.7% | -10.6% | +6.1% |
| 2021 | +1.7% | +55.8% | +22.9% |
| 2020 | +220.2% | -20.7% | +53.0% |
| 2019 | -54.6% | +8.2% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Friends Of The National World War Ii Memorial Inc with a Mission Score of 95 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, Friends Of The National World War Ii Memorial Inc 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 $525K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is covered by another entity.
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 Friends Of The National World War Ii Memorial Inc:
- Consistent financial surpluses (e.g., $525,282 surplus in 2023).
- Zero officer compensation reported across all filings, indicating high efficiency.
- Growing asset base, demonstrating financial health and capacity ($4,709,223 in 2023).
- Low liabilities relative to assets, indicating strong financial stability.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Friends Of The National World War Ii Memorial Inc
Is Friends Of The National World War Ii Memorial Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The National World War Ii Memorial Inc (EIN: 134358477) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Friends Of The National World War Ii Memorial Inc spend its money?
Friends Of The National World War Ii Memorial Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The National World War Ii Memorial Inc tax-deductible?
Friends Of The National World War Ii Memorial Inc is registered as a tax-exempt nonprofit (EIN: 134358477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of The National World War II Memorial Inc. financially stable?
Yes, the organization appears financially stable, consistently reporting surpluses (e.g., $2,756,921 revenue vs. $2,231,639 expenses in 2023) and growing assets ($4,709,223 in 2023) with low liabilities.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its officers are not compensated, which is a strong positive for efficiency and transparency.
Has the organization's revenue been consistent?
Revenue has fluctuated but generally remained strong, with recent years showing over $2 million (e.g., $2,756,921 in 2023, $2,303,291 in 2022), though there was a dip to $881,304 in 2019.
Are the organization's assets growing?
Yes, the organization's assets have shown consistent growth, increasing from $3,064,498 in 2019 to $4,709,223 in 2023.
Filing History
IRS 990 filing history for Friends Of The National World War Ii Memorial Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friends Of The National World War Ii Memorial Inc's revenue has grown by 562.5%, moving from $416K to $2.8M. Total assets increased by 1113.3% over the same period, from $388K to $4.7M. Total functional expenses rose by 1050.8%, from $194K to $2.2M. In its most recent filing year (2023), Friends Of The National World War Ii Memorial Inc reported a surplus of $525K, with revenue exceeding expenses. The organization holds $165K in liabilities against $4.7M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.2M | $4.7M | $165K | — | View 990 |
| 2022 | $2.3M | $1.7M | $6.1M | $174K | — | — |
| 2021 | $2.9M | $1.9M | $5.8M | $169K | — | View 990 |
| 2020 | $2.8M | $1.2M | $4.7M | $65K | — | — |
| 2019 | $881K | $1.5M | $3.1M | $233K | — | View 990 |
| 2018 | $1.9M | $1.4M | $3.5M | $172K | — | View 990 |
| 2017 | $1.3M | $1.4M | $3.0M | $137K | — | — |
| 2016 | $2.2M | $1.0M | $3.0M | $88K | — | View 990 |
| 2015 | $1.3M | $680K | $1.8M | $51K | — | View 990 |
| 2014 | $642K | $655K | $1.2M | $30K | — | View 990 |
| 2013 | $469K | $662K | $1.3M | $33K | — | View 990 |
| 2012 | $508K | $401K | $1.4M | $12K | — | View 990 |
| 2011 | $1.2M | $219K | $1.3M | $3K | — | View 990 |
| 2010 | $416K | $194K | $388K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.2M, and assets of $4.7M (revenue +19.7% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.7M, and assets of $6.1M (revenue -19.7% year-over-year).
- 2021: Revenue of $2.9M, expenses of $1.9M, and assets of $5.8M (revenue +1.7% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.2M, and assets of $4.7M (revenue +220.2% year-over-year).
- 2019: Revenue of $881K, expenses of $1.5M, and assets of $3.1M (revenue -54.6% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.4M, and assets of $3.5M (revenue +48.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $3.0M (revenue -40.7% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.0M, and assets of $3.0M (revenue +76.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $680K, and assets of $1.8M (revenue +95.2% year-over-year).
- 2014: Revenue of $642K, expenses of $655K, and assets of $1.2M (revenue +36.8% year-over-year).
- 2013: Revenue of $469K, expenses of $662K, and assets of $1.3M (revenue -7.7% year-over-year).
- 2012: Revenue of $508K, expenses of $401K, and assets of $1.4M (revenue -55.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $219K, and assets of $1.3M (revenue +176.8% year-over-year).
- 2010: Revenue of $416K, expenses of $194K, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The National World War Ii Memorial Inc:
Data Sources and Methodology
This transparency report for Friends Of The National World War Ii Memorial Inc 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.