Washington Alpha Alumni & Voulnteer Association
Washington Alpha Alumni & Volunteer Association consistently grows assets with volunteer leadership and healthy surpluses.
EIN: 202634725 · Bellevue, WA · NTEE: Y42 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $397K |
| Total Expenses | $367K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.8M |
| Transparency Score | 90/100 |
Is Washington Alpha Alumni & Voulnteer Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington Alpha Alumni & Voulnteer Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington Alpha Alumni & Voulnteer Association
Washington Alpha Alumni & Voulnteer Association (EIN: 202634725) is a nonprofit organization based in Bellevue, WA, classified under NTEE code Y42. The organization reported total revenue of $397K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Alpha Alumni & Voulnteer Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Alpha Alumni & Voulnteer Association is a small nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $454K |
| Total Expenses | $367K |
| Surplus / Deficit | +$87K |
| Total Assets | $1.9M |
| Total Liabilities | $18K |
| Net Assets | $1.8M |
| Operating Margin | 19.2% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 61.0 months |
Financial Health Grade: A
In 2023, Washington Alpha Alumni & Voulnteer Association reported a surplus of $87K with revenue exceeding expenses, holds 61.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Washington Alpha Alumni & Voulnteer Association's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +10.4% | +2.4% |
| 2022 | +26.3% | -5.8% | +6.9% |
| 2021 | +18.6% | +55.8% | +5.0% |
| 2020 | -51.4% | -29.3% | +2.5% |
| 2019 | +39.3% | +20.5% | +25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Washington Alpha Alumni & Voulnteer Association with a Mission Score of 90 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: 80%
- fundraising: 10%
According to IRS 990 filings, Washington Alpha Alumni & Voulnteer Association allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization with assets approaching $2 million.
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 Washington Alpha Alumni & Voulnteer Association:
- Consistent asset growth, from $1,087,254 in 2017 to $1,865,682 in 2023, indicating strong financial management.
- Zero reported officer compensation across all filings, demonstrating a highly efficient, volunteer-driven leadership model.
- Consistent operating surpluses, with revenue exceeding expenses in most years (e.g., $453,981 revenue vs. $366,856 expenses in 2023), allowing for asset accumulation and financial stability.
- Regular and consistent IRS 990 filings over seven periods, indicating good transparency and compliance.
- Healthy financial reserves, with assets significantly outweighing liabilities (e.g., $1,865,682 assets vs. $18,275 liabilities in 2023).
Frequently Asked Questions about Washington Alpha Alumni & Voulnteer Association
Is Washington Alpha Alumni & Voulnteer Association a legitimate charity?
Washington Alpha Alumni & Voulnteer Association (EIN: 202634725) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 7 years of IRS 990 filings on record. Total revenue: $397K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Washington Alpha Alumni & Voulnteer Association spend its money?
Washington Alpha Alumni & Voulnteer Association directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Washington Alpha Alumni & Voulnteer Association tax-deductible?
Washington Alpha Alumni & Voulnteer Association is registered as a tax-exempt nonprofit (EIN: 202634725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Washington Alpha Alumni & Voulnteer Association CEO make?
Washington Alpha Alumni & Voulnteer Association's highest-compensated officer earns $2 annually. The organization reported $397K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Washington Alpha Alumni & Voulnteer Association's spending goes to programs?
Washington Alpha Alumni & Voulnteer Association directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Washington Alpha Alumni & Voulnteer Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Washington Alpha Alumni & Voulnteer Association is above average for NTEE category Y42 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Washington Alpha Alumni & Voulnteer Association located?
Washington Alpha Alumni & Voulnteer Association is headquartered in Bellevue, Washington and files with the IRS under EIN 202634725. It is classified under NTEE code Y42.
How many years of IRS 990 filings does Washington Alpha Alumni & Voulnteer Association have?
Washington Alpha Alumni & Voulnteer Association has 7 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 $397K in total revenue.
How does the organization utilize its growing asset base?
With assets growing from $1,087,254 in 2017 to $1,865,682 in 2023, understanding the specific investment strategies or uses of these funds would provide further insight into long-term mission support.
What are the specific programs or activities supported by the organization?
While the NTEE code Y42 indicates a focus on fraternal societies, a more detailed description of the programs and services provided would clarify the direct impact of the organization's spending.
What is the organization's strategy for managing liabilities, which have fluctuated?
Liabilities have varied, from $0 in 2020 to $69,587 in 2021 and $18,275 in 2023. Understanding the nature of these liabilities and the management strategy would be beneficial.
Filing History
IRS 990 filing history for Washington Alpha Alumni & Voulnteer Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Washington Alpha Alumni & Voulnteer Association's revenue has declined by 24.8%, moving from $604K to $454K. Total assets increased by 71.6% over the same period, from $1.1M to $1.9M. Total functional expenses rose by 10%, from $334K to $367K. In its most recent filing year (2023), Washington Alpha Alumni & Voulnteer Association reported a surplus of $87K, with revenue exceeding expenses. The organization holds $18K in liabilities against $1.9M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $454K | $367K | $1.9M | $18K | — | View 990 |
| 2022 | $461K | $332K | $1.8M | $58K | — | View 990 |
| 2021 | $365K | $353K | $1.7M | $70K | — | View 990 |
| 2020 | $308K | $226K | $1.6M | $0 | — | View 990 |
| 2019 | $634K | $320K | $1.6M | $35K | — | View 990 |
| 2018 | $455K | $266K | $1.3M | $23K | — | View 990 |
| 2017 | $604K | $334K | $1.1M | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $454K, expenses of $367K, and assets of $1.9M (revenue -1.5% year-over-year).
- 2022: Revenue of $461K, expenses of $332K, and assets of $1.8M (revenue +26.3% year-over-year).
- 2021: Revenue of $365K, expenses of $353K, and assets of $1.7M (revenue +18.6% year-over-year).
- 2020: Revenue of $308K, expenses of $226K, and assets of $1.6M (revenue -51.4% year-over-year).
- 2019: Revenue of $634K, expenses of $320K, and assets of $1.6M (revenue +39.3% year-over-year).
- 2018: Revenue of $455K, expenses of $266K, and assets of $1.3M (revenue -24.7% year-over-year).
- 2017: Revenue of $604K, expenses of $334K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Alpha Alumni & Voulnteer Association:
Data Sources and Methodology
This transparency report for Washington Alpha Alumni & Voulnteer Association 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.