Washington Little Capitals Inc
Washington Little Capitals Inc. operates with fluctuating annual surpluses and deficits, consistently reporting zero officer compensation.
EIN: 204950933 · Lorton, VA · NTEE: N68 · Updated: 2026-03-28
Is Washington Little Capitals Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington Little Capitals Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington Little Capitals Inc
Washington Little Capitals Inc (EIN: 204950933) is a nonprofit organization based in Lorton, VA, classified under NTEE code N68. The organization reported total revenue of $1.1M and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Little Capitals Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Washington Little Capitals 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Washington Little Capitals Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is unusual for an organization with over $1 million in latest revenue.
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 Little Capitals Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization with over $1 million in revenue, which may warrant further inquiry into how leadership is compensated or sustained.
- Several years with expenses exceeding revenue (e.g., 2023, 2022, 2020), indicating potential operational deficits that could impact long-term financial health if not balanced by surpluses.
Strengths
The following positive indicators were identified for Washington Little Capitals Inc:
- Consistently low or zero liabilities across all filing periods, indicating strong financial solvency and minimal debt burden.
- Strong program focus, as implied by the estimated spending breakdown, which is typical for a sports-related nonprofit.
- Long filing history (12 filings), demonstrating sustained operation and compliance with IRS reporting requirements.
Frequently Asked Questions about Washington Little Capitals Inc
Is Washington Little Capitals Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington Little Capitals Inc (EIN: 204950933) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Washington Little Capitals Inc spend its money?
Washington Little Capitals Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Washington Little Capitals Inc tax-deductible?
Washington Little Capitals Inc is registered as a tax-exempt nonprofit (EIN: 204950933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Washington Little Capitals Inc. financially stable given its fluctuating annual results?
While the organization experiences years with expenses exceeding revenue (e.g., 2023, 2022), its assets have generally been sufficient to cover liabilities, which are consistently reported as zero or very low. This suggests a degree of stability, though consistent deficits could erode assets over time if not managed.
How does Washington Little Capitals Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation indicates that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is categorized differently on the IRS Form 990, such as through program service expenses if they are also coaches or instructors.
What is the trend in the organization's net assets?
Net assets have fluctuated over the years. They peaked at $539,655 in 2016, then saw a decline to $111,829 in 2023, before the latest reported assets of $352,016. This indicates variability in their financial reserves.
Filing History
IRS 990 filing history for Washington Little Capitals Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Washington Little Capitals Inc's revenue has grown by 161.3%, moving from $321K to $838K. Total assets decreased by 43.9% over the same period, from $199K to $112K. Total functional expenses rose by 138.3%, from $402K to $957K. In its most recent filing year (2023), Washington Little Capitals Inc reported a deficit of $120K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $838K | $957K | $112K | $0 | — | View 990 |
| 2022 | $900K | $991K | $232K | $0 | — | View 990 |
| 2021 | $999K | $938K | $323K | $0 | — | View 990 |
| 2020 | $720K | $745K | $261K | $0 | — | View 990 |
| 2019 | $809K | $742K | $287K | $0 | — | View 990 |
| 2018 | $609K | $599K | $221K | $0 | — | View 990 |
| 2017 | $342K | $670K | $213K | $3K | — | View 990 |
| 2016 | $835K | $670K | $540K | $2K | — | View 990 |
| 2015 | $570K | $573K | $374K | $431 | — | View 990 |
| 2014 | $472K | $498K | $377K | $146 | — | View 990 |
| 2013 | $926K | $722K | $403K | $196 | — | View 990 |
| 2012 | $321K | $402K | $199K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $838K, expenses of $957K, and assets of $112K (revenue -6.9% year-over-year).
- 2022: Revenue of $900K, expenses of $991K, and assets of $232K (revenue -9.9% year-over-year).
- 2021: Revenue of $999K, expenses of $938K, and assets of $323K (revenue +38.9% year-over-year).
- 2020: Revenue of $720K, expenses of $745K, and assets of $261K (revenue -11.0% year-over-year).
- 2019: Revenue of $809K, expenses of $742K, and assets of $287K (revenue +32.7% year-over-year).
- 2018: Revenue of $609K, expenses of $599K, and assets of $221K (revenue +78.1% year-over-year).
- 2017: Revenue of $342K, expenses of $670K, and assets of $213K (revenue -59.0% year-over-year).
- 2016: Revenue of $835K, expenses of $670K, and assets of $540K (revenue +46.4% year-over-year).
- 2015: Revenue of $570K, expenses of $573K, and assets of $374K (revenue +20.8% year-over-year).
- 2014: Revenue of $472K, expenses of $498K, and assets of $377K (revenue -49.0% year-over-year).
- 2013: Revenue of $926K, expenses of $722K, and assets of $403K (revenue +188.9% year-over-year).
- 2012: Revenue of $321K, expenses of $402K, and assets of $199K.
Data Sources and Methodology
This transparency report for Washington Little Capitals 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.