King West Properties Inc
King West Properties Inc. shows consistent asset growth and decreasing liabilities with no reported officer compensation.
EIN: 205211100 · Alexandria, VA · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $13,024,629 |
| Net Assets | $7.5M |
| Transparency Score | 85/100 |
Is King West Properties Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
King West Properties Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About King West Properties Inc
King West Properties Inc (EIN: 205211100) is a nonprofit organization based in Alexandria, VA, classified under NTEE code T11. The organization reported total revenue of $1.3M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of King West Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
King West Properties Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$713K |
| Total Assets | $13.0M |
| Total Liabilities | $5.5M |
| Net Assets | $7.5M |
| Operating Margin | 41.3% |
| Debt-to-Asset Ratio | 42.6% |
| Months of Reserves | 154.5 months |
Financial Health Grade: A
In 2023, King West Properties Inc reported a surplus of $713K with revenue exceeding expenses, holds 154.5 months of operating reserves (strong position), has a debt-to-asset ratio of 42.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), King West Properties Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.9% | +11.5% | +1.3% |
| 2022 | -50.4% | -1.2% | +1.4% |
| 2021 | -18.5% | +0.6% | +4.7% |
| 2020 | +249.5% | -30.7% | +1.7% |
| 2019 | +3.5% | +24.7% | +30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 King West Properties 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, King West Properties Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $713K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.6%.
Executive Compensation Analysis
King West Properties Inc. consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is unusual for an organization of its asset size ($13,024,629 in 2023).
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 King West Properties Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unclear how an organization of this size operates with 0% reported officer compensation
Strengths
The following positive indicators were identified for King West Properties Inc:
- Consistent asset growth over the past decade
- Significant reduction in liabilities, improving financial stability
- Expenses consistently lower than revenue in recent years, indicating efficient management
- No reported officer compensation, potentially maximizing funds for mission
Frequently Asked Questions about King West Properties Inc
Is King West Properties Inc a legitimate charity?
King West Properties Inc (EIN: 205211100) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does King West Properties Inc spend its money?
King West Properties Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to King West Properties Inc tax-deductible?
King West Properties Inc is registered as a tax-exempt nonprofit (EIN: 205211100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the King West Properties Inc CEO make?
King West Properties Inc's highest-compensated officer earns $13,024,629 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of King West Properties Inc's spending goes to programs?
King West Properties Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does King West Properties Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), King West Properties Inc is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is King West Properties Inc located?
King West Properties Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 205211100. It is classified under NTEE code T11.
How many years of IRS 990 filings does King West Properties Inc have?
King West Properties Inc has 13 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 $1.3M in total revenue.
Is King West Properties Inc. a good charity?
Based on its financial health, consistent asset growth, decreasing liabilities, and zero reported officer compensation, King West Properties Inc. appears to be a financially sound organization. However, without detailed program spending breakdowns, it's difficult to fully assess its programmatic impact.
How does King West Properties Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990 form. Further investigation into their operational model would be needed to understand this fully.
What is the trend in King West Properties Inc.'s financial stability?
King West Properties Inc. shows a positive trend in financial stability, with assets growing from $10,226,672 in 2014 to $13,024,629 in 2023, while liabilities have significantly decreased from $13,668,344 to $5,542,715 over the same period.
Filing History
IRS 990 filing history for King West Properties Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), King West Properties Inc's revenue has grown by 76.6%, moving from $977K to $1.7M. Total assets increased by 19.5% over the same period, from $10.9M to $13.0M. Total functional expenses fell by 13.7%, from $1.2M to $1.0M. In its most recent filing year (2023), King West Properties Inc reported a surplus of $713K, with revenue exceeding expenses. The organization holds $5.5M in liabilities against $13.0M in assets (debt-to-asset ratio: 42.6%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.0M | $13.0M | $5.5M | — | — |
| 2022 | $2.0M | $908K | $12.9M | $6.6M | — | View 990 |
| 2021 | $4.1M | $919K | $12.7M | $6.8M | — | View 990 |
| 2020 | $5.0M | $913K | $12.1M | $10.2M | — | — |
| 2019 | $1.4M | $1.3M | $11.9M | $14.1M | — | — |
| 2018 | $1.4M | $1.1M | $9.1M | $11.4M | — | View 990 |
| 2017 | $1.2M | $1.0M | $9.5M | $12.0M | — | View 990 |
| 2016 | $1.1M | $1.0M | $9.7M | $12.7M | — | View 990 |
| 2015 | $1.1M | $1.1M | $9.9M | $13.2M | — | View 990 |
| 2014 | $1.1M | $1.1M | $10.2M | $13.7M | — | View 990 |
| 2013 | $1.1M | $1.1M | $10.3M | $13.8M | — | View 990 |
| 2012 | $1.0M | $1.1M | $10.7M | $14.7M | — | View 990 |
| 2011 | $977K | $1.2M | $10.9M | $14.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.0M, and assets of $13.0M (revenue -14.9% year-over-year).
- 2022: Revenue of $2.0M, expenses of $908K, and assets of $12.9M (revenue -50.4% year-over-year).
- 2021: Revenue of $4.1M, expenses of $919K, and assets of $12.7M (revenue -18.5% year-over-year).
- 2020: Revenue of $5.0M, expenses of $913K, and assets of $12.1M (revenue +249.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $11.9M (revenue +3.5% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.1M, and assets of $9.1M (revenue +15.8% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.0M, and assets of $9.5M (revenue +12.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $9.7M (revenue -1.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $9.9M (revenue -2.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $10.2M (revenue +2.9% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $10.3M (revenue +6.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $10.7M (revenue +2.6% year-over-year).
- 2011: Revenue of $977K, expenses of $1.2M, and assets of $10.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for King West Properties Inc:
Data Sources and Methodology
This transparency report for King West Properties 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.