Port Warwick Foundation
Port Warwick Foundation maintains stable operations with volunteer leadership and no debt.
EIN: 202007143 · Newport News, VA · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $192K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Port Warwick Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Port Warwick Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Port Warwick Foundation
Port Warwick Foundation (EIN: 202007143) is a nonprofit organization based in Newport News, VA, classified under NTEE code A20. The organization reported total revenue of $263K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Warwick Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Warwick Foundation is a small 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 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $192K |
| Surplus / Deficit | $-1,096 |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | -0.6% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Port Warwick Foundation reported a deficit of $1K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Port Warwick Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.4% | -8.7% | -15.9% |
| 2022 | +21.6% | +27.3% | +17.8% |
| 2021 | +80.9% | +121.3% | +38.6% |
| 2020 | -46.5% | -67.5% | +157.9% |
| 2019 | -6.7% | +22.6% | -72.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Port Warwick Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Port Warwick 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 $1K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with annual revenues around $200,000.
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 Port Warwick Foundation:
- Consistent financial stability with $0 liabilities reported across all filings.
- Strong asset growth, from $16,262 in 201912 to $57,568 in 202312.
- Highly efficient operations with 0% officer compensation reported, indicating volunteer leadership.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
- Expenses closely managed to revenue, avoiding significant deficits over time.
Frequently Asked Questions about Port Warwick Foundation
Is Port Warwick Foundation a legitimate charity?
Port Warwick Foundation (EIN: 202007143) 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: $263K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Port Warwick Foundation spend its money?
Port Warwick Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Port Warwick Foundation tax-deductible?
Port Warwick Foundation is registered as a tax-exempt nonprofit (EIN: 202007143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Port Warwick Foundation CEO make?
Port Warwick Foundation's highest-compensated officer earns $200,000. annually. The organization reported $263K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Port Warwick Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Port Warwick Foundation is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Port Warwick Foundation located?
Port Warwick Foundation is headquartered in Newport News, Virginia and files with the IRS under EIN 202007143. It is classified under NTEE code A20.
How many years of IRS 990 filings does Port Warwick Foundation have?
Port Warwick Foundation 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 $263K in total revenue.
Is Port Warwick Foundation financially stable?
Yes, the Port Warwick Foundation appears financially stable. It consistently reports $0 in liabilities and has shown growth in assets from $16,262 in 201912 to $57,568 in 202312, indicating a healthy reserve.
How does Port Warwick Foundation manage its administrative costs?
The foundation manages administrative costs very efficiently, as evidenced by 0% officer compensation reported across all filings. This suggests a volunteer-driven leadership structure, minimizing overhead.
What is the trend in Port Warwick Foundation's revenue and expenses?
The foundation's revenue and expenses have generally remained stable, fluctuating around $200,000 annually. For example, in 202312, revenue was $191,200 and expenses were $192,296, showing a close balance.
Filing History
IRS 990 filing history for Port Warwick Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Port Warwick Foundation's revenue has grown by 15.7%, moving from $165K to $191K. Total assets increased by 40.6% over the same period, from $41K to $58K. Total functional expenses rose by 49.9%, from $128K to $192K. In its most recent filing year (2023), Port Warwick Foundation reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $192K | $58K | $0 | — | — |
| 2022 | $221K | $211K | $68K | $0 | — | View 990 |
| 2021 | $182K | $165K | $58K | $0 | — | View 990 |
| 2020 | $100K | $75K | $42K | $0 | — | View 990 |
| 2019 | $188K | $230K | $16K | $0 | — | View 990 |
| 2018 | $201K | $188K | $59K | $0 | — | View 990 |
| 2017 | $206K | $190K | $45K | $0 | — | View 990 |
| 2016 | $191K | $210K | $30K | $0 | — | View 990 |
| 2015 | $218K | $235K | $48K | $0 | — | View 990 |
| 2014 | $196K | $205K | $66K | $0 | — | View 990 |
| 2013 | $175K | $171K | $75K | $0 | — | View 990 |
| 2012 | $180K | $149K | $71K | $0 | — | View 990 |
| 2011 | $165K | $128K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $192K, and assets of $58K (revenue -13.4% year-over-year).
- 2022: Revenue of $221K, expenses of $211K, and assets of $68K (revenue +21.6% year-over-year).
- 2021: Revenue of $182K, expenses of $165K, and assets of $58K (revenue +80.9% year-over-year).
- 2020: Revenue of $100K, expenses of $75K, and assets of $42K (revenue -46.5% year-over-year).
- 2019: Revenue of $188K, expenses of $230K, and assets of $16K (revenue -6.7% year-over-year).
- 2018: Revenue of $201K, expenses of $188K, and assets of $59K (revenue -2.1% year-over-year).
- 2017: Revenue of $206K, expenses of $190K, and assets of $45K (revenue +7.3% year-over-year).
- 2016: Revenue of $191K, expenses of $210K, and assets of $30K (revenue -12.2% year-over-year).
- 2015: Revenue of $218K, expenses of $235K, and assets of $48K (revenue +11.2% year-over-year).
- 2014: Revenue of $196K, expenses of $205K, and assets of $66K (revenue +12.0% year-over-year).
- 2013: Revenue of $175K, expenses of $171K, and assets of $75K (revenue -2.6% year-over-year).
- 2012: Revenue of $180K, expenses of $149K, and assets of $71K (revenue +8.8% year-over-year).
- 2011: Revenue of $165K, expenses of $128K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Warwick Foundation:
Data Sources and Methodology
This transparency report for Port Warwick 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.