Historic Washington Foundation Inc
Historic Washington Foundation Inc operates with volunteer leadership and fluctuating revenues, maintaining substantial assets.
EIN: 205575381 · Washington, MO · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $66K |
| Program Spending | 90% |
| Net Assets | $689K |
| Transparency Score | 85/100 |
Is Historic Washington Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Historic Washington Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Historic Washington Foundation Inc
Historic Washington Foundation Inc (EIN: 205575381) is a nonprofit organization based in Washington, MO, classified under NTEE code A80. The organization reported total revenue of $185K and total assets of $694K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Washington Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic Washington Foundation Inc is a small 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 -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $66K |
| Surplus / Deficit | +$23K |
| Total Assets | $910K |
| Total Liabilities | $221K |
| Net Assets | $689K |
| Operating Margin | 26.3% |
| Debt-to-Asset Ratio | 24.3% |
| Months of Reserves | 166.2 months |
Financial Health Grade: A
In 2023, Historic Washington Foundation Inc reported a surplus of $23K with revenue exceeding expenses, holds 166.2 months of operating reserves (strong position), has a debt-to-asset ratio of 24.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Historic Washington Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.3% | +37.8% | -3.6% |
| 2022 | -56.0% | +59.1% | -3.3% |
| 2021 | +112.1% | +316.1% | +5.8% |
| 2020 | +1118.1% | -49.6% | +2.2% |
| 2019 | -98.6% | +78.9% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Historic Washington Foundation Inc with a Mission Score of 85 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, Historic Washington Foundation 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure and a highly efficient use of funds by directing all resources towards its mission rather than executive salaries.
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 Historic Washington Foundation Inc's IRS 990 filings:
- Highly fluctuating annual revenue, indicating potential reliance on sporadic funding or project-based income which can impact long-term stability.
Strengths
The following positive indicators were identified for Historic Washington Foundation Inc:
- Consistent 0% officer compensation, demonstrating a volunteer-driven model and efficient use of funds.
- Strong asset base, with $910,130 in assets in 2023, providing financial stability.
- Consistent IRS 990 filing history (14 filings), indicating good transparency and compliance.
- Positive net income in recent years (e.g., $89,133 revenue vs. $65,733 expenses in 2023).
Frequently Asked Questions about Historic Washington Foundation Inc
Is Historic Washington Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Washington Foundation Inc (EIN: 205575381) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Historic Washington Foundation Inc spend its money?
Historic Washington Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Historic Washington Foundation Inc tax-deductible?
Historic Washington Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205575381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Historic Washington Foundation Inc's spending goes to programs?
Historic Washington Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Historic Washington Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Historic Washington Foundation Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Historic Washington Foundation Inc located?
Historic Washington Foundation Inc is headquartered in Washington, Missouri and files with the IRS under EIN 205575381. It is classified under NTEE code A80.
How many years of IRS 990 filings does Historic Washington Foundation Inc have?
Historic Washington Foundation Inc has 14 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 $185K in total revenue.
Is Historic Washington Foundation Inc a good charity?
Based on the available data, Historic Washington Foundation Inc appears to be a good charity. They have a strong commitment to their mission, evidenced by 0% officer compensation, consistent IRS 990 filings, and a substantial asset base to support their historical preservation efforts.
How does the organization manage its liabilities?
The organization's liabilities have fluctuated, decreasing from $385,555 in 2017 to $220,944 in 2023. While still significant, the trend shows a reduction, suggesting active management of their financial obligations.
What is the trend in the organization's revenue?
Revenue has been highly variable over the past decade, ranging from negative values in 2014 and 2016 to a high of $279,282 in 2018. More recently, revenues have been more consistently positive, with $89,133 in 2023 and $44,281 in 2022, but still show significant year-over-year changes.
Does the organization have sufficient assets?
Yes, the organization maintains a substantial asset base, with $910,130 in assets in 2023. This provides a strong financial foundation relative to its annual expenses and mission.
Filing History
IRS 990 filing history for Historic Washington Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Historic Washington Foundation Inc's revenue has declined by 36.1%, moving from $139K to $89K. Total assets increased by 75.1% over the same period, from $520K to $910K. Total functional expenses rose by 394.4%, from $13K to $66K. In its most recent filing year (2023), Historic Washington Foundation Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $221K in liabilities against $910K in assets (debt-to-asset ratio: 24.3%), resulting in net assets of $689K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $66K | $910K | $221K | — | — |
| 2022 | $44K | $48K | $944K | $278K | — | View 990 |
| 2021 | $101K | $30K | $977K | $308K | — | View 990 |
| 2020 | $47K | $7K | $923K | $325K | — | View 990 |
| 2019 | $4K | $14K | $904K | $345K | — | View 990 |
| 2018 | $279K | $8K | $925K | $356K | — | View 990 |
| 2017 | $20K | $2K | $683K | $386K | — | View 990 |
| 2016 | $-830 | $4K | $721K | $442K | — | View 990 |
| 2015 | $6K | $22K | $764K | $481K | — | View 990 |
| 2014 | $-17,183 | $34K | $762K | $462K | — | View 990 |
| 2013 | $58K | $20K | $845K | $493K | — | View 990 |
| 2012 | $15K | $26K | $764K | $451K | — | View 990 |
| 2011 | $187K | $21K | $813K | $489K | — | View 990 |
| 2010 | $139K | $13K | $520K | $361K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $66K, and assets of $910K (revenue +101.3% year-over-year).
- 2022: Revenue of $44K, expenses of $48K, and assets of $944K (revenue -56.0% year-over-year).
- 2021: Revenue of $101K, expenses of $30K, and assets of $977K (revenue +112.1% year-over-year).
- 2020: Revenue of $47K, expenses of $7K, and assets of $923K (revenue +1118.1% year-over-year).
- 2019: Revenue of $4K, expenses of $14K, and assets of $904K (revenue -98.6% year-over-year).
- 2018: Revenue of $279K, expenses of $8K, and assets of $925K (revenue +1266.0% year-over-year).
- 2017: Revenue of $20K, expenses of $2K, and assets of $683K.
- 2016: Revenue of $-830, expenses of $4K, and assets of $721K (revenue -114.4% year-over-year).
- 2015: Revenue of $6K, expenses of $22K, and assets of $764K.
- 2014: Revenue of $-17,183, expenses of $34K, and assets of $762K (revenue -129.6% year-over-year).
- 2013: Revenue of $58K, expenses of $20K, and assets of $845K (revenue +292.2% year-over-year).
- 2012: Revenue of $15K, expenses of $26K, and assets of $764K (revenue -92.1% year-over-year).
- 2011: Revenue of $187K, expenses of $21K, and assets of $813K (revenue +34.0% year-over-year).
- 2010: Revenue of $139K, expenses of $13K, and assets of $520K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic Washington Foundation Inc:
Data Sources and Methodology
This transparency report for Historic Washington Foundation 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.