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

$1.1MRevenue
$1.0MGross Revenue
$352KAssets
85/100Mission Score (Excellent)
N68
Washington Little Capitals Inc Financial Summary
MetricValue
Total Revenue$1.1M
Total Expenses$957K
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$112K
Transparency Score85/100

Search Intent Cockpit

Washington Little Capitals Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Washington Little Capitals Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Washington Little Capitals Inc in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $838K and expenses of $957K.

Revenue and Expenses

Washington Little Capitals Inc reported $838K in revenue and $957K in expenses, a deficit of $120K.

Executive Compensation

Top officer compensation appears as $1 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Washington Little Capitals Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Washington Little Capitals Inc Expense Deployment
Program services$862K (90%)

Across stored filings, Washington Little Capitals Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Washington Little Capitals Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade C12 stored filing years
Peer contextCompare with Association Of Small Business Development CentersVirginia and Category N context

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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.

Organization Overview

19Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Washington Little Capitals Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$838K
Total Expenses$957K
Surplus / Deficit$-119,707
Total Assets$112K
Net Assets$112K
Operating Margin-14.3%
Months of Reserves1.4 months

Financial Health Grade: C

In 2023, Washington Little Capitals Inc reported a deficit of $120K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited).

Financial Trends

Over 12 years of filings (2012–2023), Washington Little Capitals Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-6.9%-3.4%-51.7%
2022-9.9%+5.7%-28.2%
2021+38.9%+25.8%+23.6%
2020-11.0%+0.4%-9.0%
2019+32.7%+23.9%+30.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Washington Little Capitals Inc. demonstrates a consistent operational pattern, with revenues and expenses generally in close proximity over the past decade. For instance, in 2023, the organization reported revenues of $837,533 against expenses of $957,240, indicating a deficit for that period. This trend of expenses sometimes exceeding revenue is observed in several years, such as 2022 ($900,082 revenue vs. $991,100 expenses) and 2020 ($719,659 revenue vs. $745,433 expenses). However, they have also had years with surpluses, like 2021 ($999,440 revenue vs. $937,933 expenses). The organization consistently reports zero officer compensation, which is a notable aspect of its financial structure and suggests a volunteer-driven leadership or that compensation is not reported under 'officer compensation' on the 990. Their assets have fluctuated, reaching a high of $539,655 in 2016 and currently standing at $352,016, while liabilities have remained consistently low or zero, indicating good financial solvency in terms of debt.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$838KTotal Revenue
$957KTotal Expenses
$112KTotal Assets
$112KNet Assets
  • The organization reported a deficit of $120K, with expenses exceeding revenue.

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?

Washington Little Capitals Inc (EIN: 204950933) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Washington Little Capitals Inc spend its money?

Washington Little Capitals Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

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.

How much does the Washington Little Capitals Inc CEO make?

Washington Little Capitals Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Washington Little Capitals Inc's spending goes to programs?

Washington Little Capitals Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Washington Little Capitals Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Washington Little Capitals Inc is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Washington Little Capitals Inc located?

Washington Little Capitals Inc is headquartered in Lorton, Virginia and files with the IRS under EIN 204950933. It is classified under NTEE code N68.

How many years of IRS 990 filings does Washington Little Capitals Inc have?

Washington Little Capitals Inc has 12 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 $1.1M in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Washington Little Capitals Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

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.

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