Qlaw Foundation Of Washington
EIN: 651253851 · Spokane, WA · NTEE: R30
| Metric | Value |
|---|---|
| Total Revenue | $679K |
| Total Expenses | $652K |
| Net Assets | $160K |
Is Qlaw Foundation Of Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Qlaw Foundation Of Washington
Qlaw Foundation Of Washington (EIN: 651253851) is a nonprofit organization based in Spokane, WA, classified under NTEE code R30. The organization reported total revenue of $679K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Qlaw Foundation Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Qlaw Foundation Of Washington is a small nonprofit that has been operating for 20 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 77.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $689K |
| Total Expenses | $652K |
| Surplus / Deficit | +$37K |
| Total Assets | $181K |
| Total Liabilities | $21K |
| Net Assets | $160K |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Qlaw Foundation Of Washington reported a surplus of $37K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Qlaw Foundation Of Washington's revenue has grown at a compound annual growth rate (CAGR) of 77.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.8% | +59.2% | +16.7% |
| 2022 | +57.8% | +29.1% | -6.2% |
| 2021 | -1.0% | +136.1% | -31.4% |
| 2020 | +250.3% | +10.4% | +69.7% |
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 Analysis Pending
AI enrichment for Qlaw Foundation Of Washington has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Qlaw Foundation Of Washington with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Frequently Asked Questions about Qlaw Foundation Of Washington
Is Qlaw Foundation Of Washington a legitimate charity?
Qlaw Foundation Of Washington (EIN: 651253851) is a registered tax-exempt nonprofit based in Washington. It has 5 years of IRS 990 filings on record. Total revenue: $679K. No red flags identified. Financial health grade: A.
How does Qlaw Foundation Of Washington spend its money?
Qlaw Foundation Of Washington reported $679K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Qlaw Foundation Of Washington tax-deductible?
Qlaw Foundation Of Washington is registered as a tax-exempt nonprofit (EIN: 651253851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Qlaw Foundation Of Washington located?
Qlaw Foundation Of Washington is headquartered in Spokane, Washington and files with the IRS under EIN 651253851. It is classified under NTEE code R30.
How many years of IRS 990 filings does Qlaw Foundation Of Washington have?
Qlaw Foundation Of Washington has 5 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 $679K in total revenue.
Filing History
IRS 990 filing history for Qlaw Foundation Of Washington showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Qlaw Foundation Of Washington's revenue has grown by 888.8%, moving from $70K to $689K. Total assets increased by 27.5% over the same period, from $142K to $181K. Total functional expenses rose by 436%, from $122K to $652K. In its most recent filing year (2023), Qlaw Foundation Of Washington reported a surplus of $37K, with revenue exceeding expenses. The organization holds $21K in liabilities against $181K in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $689K | $652K | $181K | $21K | — | — |
| 2022 | $381K | $410K | $155K | $28K | — | View 990 |
| 2021 | $242K | $317K | $165K | $0 | — | View 990 |
| 2020 | $244K | $134K | $241K | $0 | — | View 990 |
| 2019 | $70K | $122K | $142K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $689K, expenses of $652K, and assets of $181K (revenue +80.8% year-over-year).
- 2022: Revenue of $381K, expenses of $410K, and assets of $155K (revenue +57.8% year-over-year).
- 2021: Revenue of $242K, expenses of $317K, and assets of $165K (revenue -1.0% year-over-year).
- 2020: Revenue of $244K, expenses of $134K, and assets of $241K (revenue +250.3% year-over-year).
- 2019: Revenue of $70K, expenses of $122K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Qlaw Foundation Of Washington:
Data Sources and Methodology
This transparency report for Qlaw Foundation Of Washington 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.