Washington Children S Foundation
Washington Children S Foundation maintains strong assets and no reported executive compensation, indicating efficient resource allocation.
EIN: 205877229 · Washington, DC · NTEE: T31 · Updated: 2026-03-28
Is Washington Children S Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington Children S Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington Children S Foundation
Washington Children S Foundation (EIN: 205877229) is a nonprofit organization based in Washington, DC, classified under NTEE code T31. The organization reported total revenue of $6.1M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Children S Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Children S Foundation is a mid-size nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$117K |
| Total Assets | $14.7M |
| Total Liabilities | $138K |
| Net Assets | $14.6M |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 112.2 months |
Financial Health Grade: A
In 2023, Washington Children S Foundation reported a surplus of $117K with revenue exceeding expenses, holds 112.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Washington Children S Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.0% | +1.3% | +0.8% |
| 2022 | -41.4% | -3.3% | -2.7% |
| 2021 | +90.1% | +63.9% | +2.4% |
| 2020 | -16.2% | -25.1% | +1.8% |
| 2015 | -3.2% | +13.4% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Children S Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Washington Children S Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $117K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with assets exceeding $14 million. This suggests either a volunteer-led executive team or that compensation is reported under other expense categories, though the former is more likely given the consistent reporting.
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 Washington Children S Foundation's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate a lack of significant operational debt or complex financial structures, but also warrants understanding of their funding model.
- Consistent 0% officer compensation, while positive for efficiency, is highly unusual for an organization with over $14 million in assets and could suggest an alternative compensation structure not explicitly detailed or a fully volunteer-led executive team.
Strengths
The following positive indicators were identified for Washington Children S Foundation:
- Strong and stable asset base, consistently above $14 million, providing financial security.
- Consistent reporting of 0% officer compensation, indicating a high proportion of funds likely directed to programs.
- Generally effective expense management, often operating with a surplus or manageable deficit.
- Low liabilities across all reported periods, demonstrating sound financial management and minimal debt.
- Regular and consistent IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Washington Children S Foundation
Is Washington Children S Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington Children S Foundation (EIN: 205877229) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Washington Children S Foundation spend its money?
Washington Children S Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Washington Children S Foundation tax-deductible?
Washington Children S Foundation is registered as a tax-exempt nonprofit (EIN: 205877229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Washington Children S Foundation a good charity?
Based on the available financial data, the Washington Children S Foundation appears to be a very good charity. It maintains substantial assets ($14,719,907), consistently reports 0% officer compensation, and has a history of managing expenses effectively relative to revenue.
How does the organization fund its operations without executive compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive functions are covered by other means not categorized as direct officer compensation on the 990 forms. This is a significant factor in its operational efficiency.
What is the trend in the organization's assets?
The organization's assets have remained remarkably stable over the past decade, fluctuating around the $14 million to $18 million mark. For example, assets were $17,639,605 in 2011 and $14,719,907 in 2023, indicating a strong and consistent financial foundation.
How has the organization's revenue changed over time?
Revenue has shown some variability, ranging from a low of $750,583 in 2011 to a high of $1,963,784 in 2021. The latest reported revenue for 2023 was $1,690,914, indicating a healthy inflow of funds.
Filing History
IRS 990 filing history for Washington Children S Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Washington Children S Foundation's revenue has grown by 125.3%, moving from $751K to $1.7M. Total assets decreased by 16.6% over the same period, from $17.6M to $14.7M. Total functional expenses rose by 192.5%, from $538K to $1.6M. In its most recent filing year (2023), Washington Children S Foundation reported a surplus of $117K, with revenue exceeding expenses. The organization holds $138K in liabilities against $14.7M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $14.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $14.7M | $138K | — | — |
| 2022 | $1.2M | $1.6M | $14.6M | $3K | — | View 990 |
| 2021 | $2.0M | $1.6M | $15.0M | $3K | — | View 990 |
| 2020 | $1.0M | $981K | $14.6M | $5K | — | — |
| 2015 | $1.2M | $1.3M | $14.4M | $100K | — | View 990 |
| 2014 | $1.3M | $1.2M | $14.4M | $72K | — | View 990 |
| 2013 | $1.6M | $1.1M | $14.3M | $46K | — | View 990 |
| 2012 | $778K | $567K | $18.4M | $20K | — | View 990 |
| 2011 | $751K | $538K | $17.6M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $14.7M (revenue +47.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.6M, and assets of $14.6M (revenue -41.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $15.0M (revenue +90.1% year-over-year).
- 2020: Revenue of $1.0M, expenses of $981K, and assets of $14.6M (revenue -16.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $14.4M (revenue -3.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $14.4M (revenue -18.3% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.1M, and assets of $14.3M (revenue +100.4% year-over-year).
- 2012: Revenue of $778K, expenses of $567K, and assets of $18.4M (revenue +3.6% year-over-year).
- 2011: Revenue of $751K, expenses of $538K, and assets of $17.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Children S Foundation:
Data Sources and Methodology
This transparency report for Washington Children S 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.