Lawrence And Sherian Washington Family Foundation
Lawrence And Sherian Washington Family Foundation shows fluctuating annual finances but maintains stable assets with no officer compensation.
EIN: 208607863 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $231K |
| Program Spending | 90% |
| Net Assets | $473K |
| Transparency Score | 75/100 |
Is Lawrence And Sherian Washington Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lawrence And Sherian Washington Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lawrence And Sherian Washington Family Foundation
Lawrence And Sherian Washington Family Foundation (EIN: 208607863) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $315K and total assets of $439K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawrence And Sherian Washington Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawrence And Sherian Washington Family Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $231K |
| Surplus / Deficit | $-137,666 |
| Total Assets | $473K |
| Total Liabilities | $1 |
| Net Assets | $473K |
| Operating Margin | -147.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.6 months |
Financial Health Grade: B
In 2023, Lawrence And Sherian Washington Family Foundation reported a deficit of $138K with expenses exceeding revenue, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lawrence And Sherian Washington Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +611.3% | +673.1% | -22.6% |
| 2022 | -90.3% | +39.8% | -2.5% |
| 2021 | +282.8% | -44.4% | +22.4% |
| 2020 | +36.8% | -53.7% | -0.6% |
| 2019 | -36.4% | +189.9% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Lawrence And Sherian Washington Family Foundation with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lawrence And Sherian Washington Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $138K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives, which is highly efficient for a foundation of its size.
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 Lawrence And Sherian Washington Family Foundation's IRS 990 filings:
- Significant year-to-year fluctuations in revenue and expenses, leading to inconsistent net income.
- Expenses frequently exceed revenue in several reporting periods (e.g., 2023, 2022, 2019), potentially drawing down assets if not offset by other years.
Strengths
The following positive indicators were identified for Lawrence And Sherian Washington Family Foundation:
- Consistent reporting of 0% officer compensation, indicating highly efficient use of funds by not paying executive salaries.
- Maintains a stable asset base (around $400k-$600k) despite revenue volatility.
- Consistent IRS 990 filings demonstrate good transparency.
- Minimal liabilities reported across all periods, indicating sound financial management.
Frequently Asked Questions about Lawrence And Sherian Washington Family Foundation
Is Lawrence And Sherian Washington Family Foundation a legitimate charity?
Lawrence And Sherian Washington Family Foundation (EIN: 208607863) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $315K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Lawrence And Sherian Washington Family Foundation spend its money?
Lawrence And Sherian Washington Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lawrence And Sherian Washington Family Foundation tax-deductible?
Lawrence And Sherian Washington Family Foundation is registered as a tax-exempt nonprofit (EIN: 208607863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lawrence And Sherian Washington Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lawrence And Sherian Washington Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lawrence And Sherian Washington Family Foundation located?
Lawrence And Sherian Washington Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208607863. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lawrence And Sherian Washington Family Foundation have?
Lawrence And Sherian Washington Family Foundation has 10 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 $315K in total revenue.
Is the Lawrence And Sherian Washington Family Foundation financially stable?
While annual revenues and expenses fluctuate significantly, the foundation maintains a stable asset base (e.g., $439,235 currently, and often around $500,000 in previous years), suggesting underlying financial stability despite yearly operational deficits in some periods.
How much of its funds go to executive salaries?
The foundation reports 0% officer compensation in all available IRS 990 filings, meaning no funds are allocated to executive salaries.
What is the primary activity of this foundation?
Based on its NTEE code T20 (Private Grantmaking Foundations), its primary activity is likely making grants to other organizations or individuals, rather than directly operating programs.
Does the foundation consistently spend more than it earns?
No, it varies. In 2023, expenses ($230,845) exceeded revenue ($93,179), and similarly in 2022 and 2019. However, in 2021, revenue ($135,327) significantly exceeded expenses ($21,357), and also in 2015, 2014, and 2013.
Filing History
IRS 990 filing history for Lawrence And Sherian Washington Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lawrence And Sherian Washington Family Foundation's revenue has grown by 861.7%, moving from $10K to $93K. Total assets increased by 7.4% over the same period, from $440K to $473K. Total functional expenses rose by 1263.6%, from $17K to $231K. In its most recent filing year (2023), Lawrence And Sherian Washington Family Foundation reported a deficit of $138K, with expenses exceeding revenue. The organization holds $1 in liabilities against $473K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $473K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $231K | $473K | $1 | — | View 990 |
| 2022 | $13K | $30K | $610K | $1 | — | View 990 |
| 2021 | $135K | $21K | $626K | $1 | — | — |
| 2020 | $35K | $38K | $512K | $1 | — | View 990 |
| 2019 | $26K | $83K | $515K | $1 | — | View 990 |
| 2015 | $41K | $29K | $528K | $1 | — | View 990 |
| 2014 | $35K | $26K | $516K | $1 | — | View 990 |
| 2013 | $129K | $24K | $507K | $1 | — | View 990 |
| 2012 | $12K | $50K | $402K | $1 | — | View 990 |
| 2011 | $10K | $17K | $440K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $231K, and assets of $473K (revenue +611.3% year-over-year).
- 2022: Revenue of $13K, expenses of $30K, and assets of $610K (revenue -90.3% year-over-year).
- 2021: Revenue of $135K, expenses of $21K, and assets of $626K (revenue +282.8% year-over-year).
- 2020: Revenue of $35K, expenses of $38K, and assets of $512K (revenue +36.8% year-over-year).
- 2019: Revenue of $26K, expenses of $83K, and assets of $515K (revenue -36.4% year-over-year).
- 2015: Revenue of $41K, expenses of $29K, and assets of $528K (revenue +17.8% year-over-year).
- 2014: Revenue of $35K, expenses of $26K, and assets of $516K (revenue -73.3% year-over-year).
- 2013: Revenue of $129K, expenses of $24K, and assets of $507K (revenue +1018.3% year-over-year).
- 2012: Revenue of $12K, expenses of $50K, and assets of $402K (revenue +19.4% year-over-year).
- 2011: Revenue of $10K, expenses of $17K, and assets of $440K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawrence And Sherian Washington Family Foundation:
Data Sources and Methodology
This transparency report for Lawrence And Sherian Washington Family Foundation 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.