Washington Electric Foundation Inc

Washington Electric Foundation Inc. consistently operates with no officer compensation, though recent expenses have exceeded revenues.

EIN: 205743744 · Sandersville, GA · NTEE: T30 · Updated: 2026-03-28

$158KRevenue

$108KAssets

85/100Mission Score (Excellent)

T30

About Washington Electric Foundation Inc

Washington Electric Foundation Inc (EIN: 205743744) is a nonprofit organization based in Sandersville, GA, classified under NTEE code T30. The organization reported total revenue of $158K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Electric Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Washington Electric Foundation Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $100,000 to $180,000 over the past decade. The organization has maintained a healthy asset base, typically above $80,000, with no reported liabilities, indicating sound financial management and solvency. However, recent years show a trend of expenses exceeding revenue, such as in 2023 ($150,088 expenses vs. $140,340 revenue) and 2022 ($178,288 expenses vs. $139,642 revenue), which could lead to a depletion of assets if sustained.

The foundation's spending efficiency appears to be strong in terms of executive compensation, as 0% officer compensation is reported across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation. This indicates a high proportion of funds are likely directed towards programmatic activities rather than administrative overhead related to executive salaries. The absence of liabilities further reinforces a picture of responsible financial stewardship.

Transparency is high given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical record of financial operations. The consistent reporting of zero liabilities is a positive indicator of financial health and straightforward accounting practices. While specific program spending percentages are not detailed in the provided data, the lack of officer compensation is a strong positive signal regarding the allocation of resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Washington Electric Foundation Inc with a Mission Score of 85 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: 90%
fundraising: 0%

According to IRS 990 filings, Washington Electric Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer categories, which is highly efficient for a nonprofit of this 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 Electric Foundation Inc's IRS 990 filings:

Expenses exceeding revenue in recent periods (2022, 2023)

Strengths

The following positive indicators were identified for Washington Electric Foundation Inc:

Consistent 0% officer compensation
No reported liabilities across all filings
Strong historical asset base
Consistent IRS 990 filing history (13 filings)

Frequently Asked Questions about Washington Electric Foundation Inc

Is Washington Electric Foundation Inc. financially stable?

While the organization has a solid asset base and no liabilities, recent years (2022, 2023) show expenses exceeding revenue, which could impact long-term stability if this trend continues without new funding sources.

How does the lack of officer compensation affect the organization?

The 0% officer compensation suggests that a very high proportion of funds are available for program delivery and operational costs, rather than executive salaries, which is a strong positive for efficiency.

What is the trend in the organization's assets?

Assets have fluctuated but generally remained robust, ranging from $80,159 to $145,450 over the past decade, though there has been a slight decrease from $145,450 in 2021 to $97,056 in 2023.

Filing History

IRS 990 filing history for Washington Electric Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Washington Electric Foundation Inc's revenue has grown by 37.7%, moving from $102K to $140K. Total assets increased by 56.7% over the same period, from $62K to $97K. Total functional expenses rose by 43.3%, from $105K to $150K. In its most recent filing year (2023), Washington Electric Foundation Inc reported a deficit of $10K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$140K	$150K	$97K	$0	—	View 990
2022	$140K	$178K	$107K	$0	—	View 990
2021	$138K	$110K	$145K	$0	—	View 990
2020	$144K	$109K	$118K	$0	—	—
2019	$101K	$130K	$83K	$0	—	View 990
2018	$105K	$114K	$112K	$0	—	View 990
2017	$111K	$133K	$121K	$0	—	View 990
2016	$153K	$91K	$142K	$0	—	View 990
2015	$85K	$124K	$80K	$0	—	View 990
2014	$124K	$94K	$119K	$0	—	View 990
2013	$120K	$126K	$89K	$0	—	View 990
2012	$124K	$91K	$95K	$0	—	View 990
2011	$102K	$105K	$62K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $140K, expenses of $150K, and assets of $97K (revenue +0.5% year-over-year).
2022: Revenue of $140K, expenses of $178K, and assets of $107K (revenue +1.3% year-over-year).
2021: Revenue of $138K, expenses of $110K, and assets of $145K (revenue -4.5% year-over-year).
2020: Revenue of $144K, expenses of $109K, and assets of $118K (revenue +43.6% year-over-year).
2019: Revenue of $101K, expenses of $130K, and assets of $83K (revenue -4.6% year-over-year).
2018: Revenue of $105K, expenses of $114K, and assets of $112K (revenue -5.0% year-over-year).
2017: Revenue of $111K, expenses of $133K, and assets of $121K (revenue -27.3% year-over-year).
2016: Revenue of $153K, expenses of $91K, and assets of $142K (revenue +78.6% year-over-year).
2015: Revenue of $85K, expenses of $124K, and assets of $80K (revenue -31.2% year-over-year).
2014: Revenue of $124K, expenses of $94K, and assets of $119K (revenue +3.3% year-over-year).
2013: Revenue of $120K, expenses of $126K, and assets of $89K (revenue -3.1% year-over-year).
2012: Revenue of $124K, expenses of $91K, and assets of $95K (revenue +21.8% year-over-year).
2011: Revenue of $102K, expenses of $105K, and assets of $62K.

Data Sources and Methodology

This transparency report for Washington Electric Foundation 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.