Nywici Foundation Inc
Nywici Foundation Inc. faces recent operating deficits despite zero officer compensation.
EIN: 134111956 · Mclean, VA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $-179,245 |
| Transparency Score | 70/100 |
Is Nywici Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nywici Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nywici Foundation Inc
Nywici Foundation Inc (EIN: 134111956) is a nonprofit organization based in Mclean, VA, classified under NTEE code B82. The organization reported total revenue of $1.8M and total assets of $389K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nywici Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nywici Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $934K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-173,158 |
| Total Assets | $610K |
| Total Liabilities | $789K |
| Net Assets | $-179,245 |
| Operating Margin | -18.5% |
| Debt-to-Asset Ratio | 129.4% |
| Months of Reserves | 6.6 months |
Financial Health Grade: C
In 2023, Nywici Foundation Inc reported a deficit of $173K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 129.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Nywici Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.8% | +39.5% | +234.5% |
| 2022 | +27.7% | +55.6% | -36.6% |
| 2021 | +0.3% | +36.0% | +9.0% |
| 2020 | -55.5% | -61.9% | +45.9% |
| 2019 | +7539.8% | +560.1% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Nywici Foundation Inc with a Mission Score of 70 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: 85%
- fundraising: 5%
According to IRS 990 filings, Nywici Foundation 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 deficit of $173K, with expenses exceeding revenue.
- Debt-to-asset ratio: 129.4%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive for minimizing administrative costs and maximizing resources for the mission.
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 Nywici Foundation Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2023, 2022, 2021, 2018, 2017)
- Significant increase in liabilities in 2023 ($188,539 to $789,492)
- Highly volatile asset levels over the filing history
Strengths
The following positive indicators were identified for Nywici Foundation Inc:
- Consistent 0% officer compensation reported across all filings, indicating efficient use of funds for executive pay.
- Strong revenue generation in some periods, such as $1,811,556 (latest revenue) and $1,218,503 in 2018.
- Clear mission focus indicated by NTEE code B82 (Women's Rights).
Frequently Asked Questions about Nywici Foundation Inc
Is Nywici Foundation Inc a legitimate charity?
Nywici Foundation Inc (EIN: 134111956) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Nywici Foundation Inc spend its money?
Nywici Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nywici Foundation Inc tax-deductible?
Nywici Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134111956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nywici Foundation Inc's spending goes to programs?
Nywici Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nywici Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Nywici Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nywici Foundation Inc located?
Nywici Foundation Inc is headquartered in Mclean, Virginia and files with the IRS under EIN 134111956. It is classified under NTEE code B82.
How many years of IRS 990 filings does Nywici Foundation Inc have?
Nywici 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 $1.8M in total revenue.
Is Nywici Foundation Inc. financially stable given recent operating deficits?
The organization has reported expenses exceeding revenue in 2023 ($1,107,563 vs $934,405) and 2022 ($793,689 vs $627,912). While not immediately critical, a sustained trend of operating deficits could impact long-term financial stability.
What caused the significant increase in liabilities in 2023?
Liabilities increased from $188,539 in 2022 to $789,492 in 2023. The specific reasons for this substantial increase are not detailed in the provided data and would require further examination of the full IRS Form 990.
How does the organization fund its operations given the recent deficits?
While recent years show deficits, the organization has accumulated assets, reaching $610,247 in 2023. It's possible they are drawing from reserves or have other funding mechanisms not immediately apparent from the top-line revenue and expense figures.
Filing History
IRS 990 filing history for Nywici Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Nywici Foundation Inc's revenue has grown by 208.5%, moving from $303K to $934K. Total assets increased by 31.5% over the same period, from $464K to $610K. Total functional expenses rose by 358.1%, from $242K to $1.1M. In its most recent filing year (2023), Nywici Foundation Inc reported a deficit of $173K, with expenses exceeding revenue. The organization holds $789K in liabilities against $610K in assets (debt-to-asset ratio: 129.4%), resulting in net assets of $-179,245.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $934K | $1.1M | $610K | $789K | — | — |
| 2022 | $628K | $794K | $182K | $189K | — | View 990 |
| 2021 | $492K | $510K | $288K | $128K | — | View 990 |
| 2020 | $490K | $375K | $264K | $86K | — | — |
| 2019 | $1.1M | $986K | $181K | $118K | — | View 990 |
| 2018 | $14K | $149K | $201K | $255K | — | View 990 |
| 2018 | $1.2M | $1.2M | $362K | $281K | — | View 990 |
| 2017 | $776K | $1.2M | $479K | $414K | — | View 990 |
| 2016 | $1.0M | $696K | $1.2M | $346K | — | View 990 |
| 2015 | $293K | $232K | $667K | $120K | — | View 990 |
| 2014 | $258K | $198K | $590K | $105K | — | View 990 |
| 2013 | $242K | $183K | $529K | $104K | — | View 990 |
| 2012 | $282K | $269K | $510K | $143K | — | View 990 |
| 2011 | $303K | $242K | $464K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $934K, expenses of $1.1M, and assets of $610K (revenue +48.8% year-over-year).
- 2022: Revenue of $628K, expenses of $794K, and assets of $182K (revenue +27.7% year-over-year).
- 2021: Revenue of $492K, expenses of $510K, and assets of $288K (revenue +0.3% year-over-year).
- 2020: Revenue of $490K, expenses of $375K, and assets of $264K (revenue -55.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $986K, and assets of $181K (revenue +7539.8% year-over-year).
- 2018: Revenue of $14K, expenses of $149K, and assets of $201K (revenue -98.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $362K (revenue +57.1% year-over-year).
- 2017: Revenue of $776K, expenses of $1.2M, and assets of $479K (revenue -24.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $696K, and assets of $1.2M (revenue +247.6% year-over-year).
- 2015: Revenue of $293K, expenses of $232K, and assets of $667K (revenue +14.0% year-over-year).
- 2014: Revenue of $258K, expenses of $198K, and assets of $590K (revenue +6.4% year-over-year).
- 2013: Revenue of $242K, expenses of $183K, and assets of $529K (revenue -14.3% year-over-year).
- 2012: Revenue of $282K, expenses of $269K, and assets of $510K (revenue -6.9% year-over-year).
- 2011: Revenue of $303K, expenses of $242K, and assets of $464K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nywici Foundation Inc:
Data Sources and Methodology
This transparency report for Nywici 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.