Washington Court Inc
Washington Court Inc. consistently operates with modest revenues and occasional deficits, maintaining stable assets.
EIN: 20493499 · Concord, NH · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $115K |
| Program Spending | 80% |
| Net Assets | $32K |
| Transparency Score | 75/100 |
Is Washington Court Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington Court Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington Court Inc
Washington Court Inc (EIN: 20493499) is a nonprofit organization based in Concord, NH, classified under NTEE code L20. The organization reported total revenue of $76K and total assets of $501K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Court Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Court Inc is a micro nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $115K |
| Surplus / Deficit | $-34,138 |
| Total Assets | $516K |
| Total Liabilities | $485K |
| Net Assets | $32K |
| Operating Margin | -42.4% |
| Debt-to-Asset Ratio | 93.8% |
| Months of Reserves | 54.1 months |
Financial Health Grade: C
In 2024, Washington Court Inc reported a deficit of $34K with expenses exceeding revenue, holds 54.1 months of operating reserves (strong position), has a debt-to-asset ratio of 93.8% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Washington Court Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -12.5% | +29.5% | -9.9% |
| 2023 | +6.3% | +28.0% | +3.5% |
| 2022 | -1.9% | -22.9% | +2.5% |
| 2021 | +9.3% | -1.1% | -1.2% |
| 2020 | -9.4% | +5.6% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Court Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Washington Court Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for donor perception and operational efficiency relative to the organization's size.
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 Court Inc's IRS 990 filings:
- Recurring periods of expenses exceeding revenue, such as in 202406 where expenses were $114,558 against $80,420 revenue, which could impact long-term sustainability.
- Significant deficit in 201606 with expenses of $162,308 against revenue of $86,121, indicating a potential for large fluctuations in spending.
Strengths
The following positive indicators were identified for Washington Court Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating efficient use of funds at the executive level.
- Long and consistent IRS 990 filing history (14 filings), indicating strong transparency and compliance.
- Stable asset base (around $500,000 - $600,000) providing a buffer against operational deficits.
- Consistent revenue generation over many years, showing a reliable funding stream.
Frequently Asked Questions about Washington Court Inc
Is Washington Court Inc a legitimate charity?
Washington Court Inc (EIN: 20493499) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $76K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Washington Court Inc spend its money?
Washington Court Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Washington Court Inc tax-deductible?
Washington Court Inc is registered as a tax-exempt nonprofit (EIN: 20493499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Washington Court Inc's spending goes to programs?
Washington Court Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Washington Court Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Washington Court Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Washington Court Inc located?
Washington Court Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20493499. It is classified under NTEE code L20.
How many years of IRS 990 filings does Washington Court Inc have?
Washington Court Inc has 14 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 $76K in total revenue.
Is Washington Court Inc. financially stable?
While Washington Court Inc. has a stable asset base of over $500,000, its financial stability is periodically challenged by expenses exceeding revenue, as seen in the 202406 period where expenses were $114,558 against $80,420 in revenue. This pattern suggests a need for careful financial management to avoid long-term deficits.
How does Washington Court Inc. manage executive compensation?
Washington Court Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership is not paid, which is a strong positive for resource allocation towards its mission.
What are the trends in Washington Court Inc.'s revenue and expenses?
Revenue has generally hovered between $75,000 and $90,000 annually. Expenses often align closely with revenue but have exceeded it in several periods, notably in 202406 ($114,558 expenses vs. $80,420 revenue) and 201606 ($162,308 expenses vs. $86,121 revenue), indicating periods of deficit spending.
Filing History
IRS 990 filing history for Washington Court Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Washington Court Inc's revenue has declined by 4%, moving from $84K to $80K. Total assets decreased by 16.5% over the same period, from $619K to $516K. Total functional expenses rose by 47.5%, from $78K to $115K. In its most recent filing year (2024), Washington Court Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $485K in liabilities against $516K in assets (debt-to-asset ratio: 93.8%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $80K | $115K | $516K | $485K | — | — |
| 2023 | $92K | $88K | $573K | $484K | — | — |
| 2022 | $86K | $69K | $554K | $468K | — | View 990 |
| 2021 | $88K | $90K | $540K | $472K | — | — |
| 2020 | $81K | $91K | $547K | $477K | — | View 990 |
| 2019 | $89K | $86K | $555K | $475K | — | View 990 |
| 2018 | $83K | $96K | $557K | $480K | — | View 990 |
| 2017 | $78K | $82K | $561K | $471K | — | View 990 |
| 2016 | $86K | $162K | $563K | $470K | — | View 990 |
| 2015 | $77K | $87K | $642K | $473K | — | View 990 |
| 2014 | $83K | $75K | $645K | $466K | — | View 990 |
| 2013 | $84K | $74K | $638K | $467K | — | View 990 |
| 2012 | $84K | $75K | $628K | $467K | — | View 990 |
| 2011 | $84K | $78K | $619K | $467K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $80K, expenses of $115K, and assets of $516K (revenue -12.5% year-over-year).
- 2023: Revenue of $92K, expenses of $88K, and assets of $573K (revenue +6.3% year-over-year).
- 2022: Revenue of $86K, expenses of $69K, and assets of $554K (revenue -1.9% year-over-year).
- 2021: Revenue of $88K, expenses of $90K, and assets of $540K (revenue +9.3% year-over-year).
- 2020: Revenue of $81K, expenses of $91K, and assets of $547K (revenue -9.4% year-over-year).
- 2019: Revenue of $89K, expenses of $86K, and assets of $555K (revenue +7.1% year-over-year).
- 2018: Revenue of $83K, expenses of $96K, and assets of $557K (revenue +5.8% year-over-year).
- 2017: Revenue of $78K, expenses of $82K, and assets of $561K (revenue -8.9% year-over-year).
- 2016: Revenue of $86K, expenses of $162K, and assets of $563K (revenue +11.8% year-over-year).
- 2015: Revenue of $77K, expenses of $87K, and assets of $642K (revenue -7.5% year-over-year).
- 2014: Revenue of $83K, expenses of $75K, and assets of $645K (revenue -1.1% year-over-year).
- 2013: Revenue of $84K, expenses of $74K, and assets of $638K (revenue +0.4% year-over-year).
- 2012: Revenue of $84K, expenses of $75K, and assets of $628K (revenue +0.1% year-over-year).
- 2011: Revenue of $84K, expenses of $78K, and assets of $619K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Court Inc:
Data Sources and Methodology
This transparency report for Washington Court Inc 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.