Washington Blade Foundation
EIN: 273625406 · Washington, DC · NTEE: A33
| Metric | Value |
|---|---|
| Total Revenue | $212K |
| Total Expenses | $44K |
| Net Assets | $137K |
Is Washington Blade Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington Blade Foundation
Washington Blade Foundation (EIN: 273625406) is a nonprofit organization based in Washington, DC, classified under NTEE code A33. The organization reported total revenue of $212K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Blade Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Blade Foundation is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 74.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $44K |
| Surplus / Deficit | +$52K |
| Total Assets | $150K |
| Total Liabilities | $13K |
| Net Assets | $137K |
| Operating Margin | 53.8% |
| Debt-to-Asset Ratio | 8.5% |
| Months of Reserves | 40.7 months |
Financial Health Grade: A
In 2023, Washington Blade Foundation reported a surplus of $52K with revenue exceeding expenses, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.5% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Washington Blade Foundation's revenue has grown at a compound annual growth rate (CAGR) of 74.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | -27.9% | +63.3% |
| 2022 | -51.0% | -61.3% | +13.2% |
| 2021 | +74.4% | +13.3% | +38.8% |
| 2020 | -25.4% | +82.1% | -51.7% |
| 2019 | +54.5% | -22.7% | +838.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington Blade Foundation 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 Washington Blade Foundation 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 $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.5%.
Frequently Asked Questions about Washington Blade Foundation
Is Washington Blade Foundation a legitimate charity?
Washington Blade Foundation (EIN: 273625406) is a registered tax-exempt nonprofit based in Washington DC. It has 8 years of IRS 990 filings on record. Total revenue: $212K. No red flags identified. Financial health grade: A.
How does Washington Blade Foundation spend its money?
Washington Blade Foundation reported $212K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Washington Blade Foundation tax-deductible?
Washington Blade Foundation is registered as a tax-exempt nonprofit (EIN: 273625406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington Blade Foundation located?
Washington Blade Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 273625406. It is classified under NTEE code A33.
How many years of IRS 990 filings does Washington Blade Foundation have?
Washington Blade Foundation has 8 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 $212K in total revenue.
Filing History
IRS 990 filing history for Washington Blade Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Washington Blade Foundation's revenue has grown by 4785.4%, moving from $2K to $96K. Total assets increased by 1176.9% over the same period, from $12K to $150K. Total functional expenses rose by 4234%, from $1K to $44K. In its most recent filing year (2023), Washington Blade Foundation reported a surplus of $52K, with revenue exceeding expenses. The organization holds $13K in liabilities against $150K in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $137K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $44K | $150K | $13K | — | View 990 |
| 2022 | $89K | $61K | $92K | $6K | — | View 990 |
| 2021 | $182K | $159K | $81K | $23K | — | View 990 |
| 2020 | $104K | $140K | $58K | $23K | — | View 990 |
| 2019 | $139K | $77K | $121K | $50K | — | View 990 |
| 2018 | $90K | $99K | $13K | $4K | — | View 990 |
| 2017 | $84K | $77K | $20K | $2K | — | View 990 |
| 2016 | $2K | $1K | $12K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $44K, and assets of $150K (revenue +7.7% year-over-year).
- 2022: Revenue of $89K, expenses of $61K, and assets of $92K (revenue -51.0% year-over-year).
- 2021: Revenue of $182K, expenses of $159K, and assets of $81K (revenue +74.4% year-over-year).
- 2020: Revenue of $104K, expenses of $140K, and assets of $58K (revenue -25.4% year-over-year).
- 2019: Revenue of $139K, expenses of $77K, and assets of $121K (revenue +54.5% year-over-year).
- 2018: Revenue of $90K, expenses of $99K, and assets of $13K (revenue +7.4% year-over-year).
- 2017: Revenue of $84K, expenses of $77K, and assets of $20K (revenue +4182.3% year-over-year).
- 2016: Revenue of $2K, expenses of $1K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Blade Foundation:
Data Sources and Methodology
This transparency report for Washington Blade 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.