Washington School Of Chinese Language & Culture
EIN: 521448231 · Rockville, MD · NTEE: A230
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $161K |
| Net Assets | $456K |
Is Washington School Of Chinese Language & Culture Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington School Of Chinese Language & Culture
Washington School Of Chinese Language & Culture (EIN: 521448231) is a nonprofit organization based in Rockville, MD, classified under NTEE code A230. The organization reported total revenue of $172K and total assets of $853K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington School Of Chinese Language & Culture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington School Of Chinese Language & Culture is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $161K |
| Surplus / Deficit | $-20,742 |
| Total Assets | $497K |
| Total Liabilities | $41K |
| Net Assets | $456K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 37.1 months |
Financial Health Grade: B
In 2023, Washington School Of Chinese Language & Culture reported a deficit of $21K with expenses exceeding revenue, holds 37.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Washington School Of Chinese Language & Culture's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +11.0% | -11.5% |
| 2022 | -1.4% | +73.8% | +17.2% |
| 2021 | -10.7% | -34.7% | +3.7% |
| 2020 | +3.1% | -3.9% | +0.4% |
| 2019 | -2.4% | -12.3% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington School Of Chinese Language & Culture has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Washington School Of Chinese Language & Culture with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.3%.
Frequently Asked Questions about Washington School Of Chinese Language & Culture
Is Washington School Of Chinese Language & Culture a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington School Of Chinese Language & Culture (EIN: 521448231) insufficient data. 0 red flags identified, 0 strengths noted.
How does Washington School Of Chinese Language & Culture spend its money?
Detailed spending breakdown data is not yet available for Washington School Of Chinese Language & Culture. Check back for updated IRS 990 analysis.
Are donations to Washington School Of Chinese Language & Culture tax-deductible?
Washington School Of Chinese Language & Culture is registered as a tax-exempt nonprofit (EIN: 521448231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington School Of Chinese Language & Culture located?
Washington School Of Chinese Language & Culture is headquartered in Rockville, Maryland and files with the IRS under EIN 521448231. It is classified under NTEE code A230.
How many years of IRS 990 filings does Washington School Of Chinese Language & Culture have?
Washington School Of Chinese Language & Culture has 13 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 $172K in total revenue.
Filing History
IRS 990 filing history for Washington School Of Chinese Language & Culture showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washington School Of Chinese Language & Culture's revenue has declined by 2.2%, moving from $143K to $140K. Total assets increased by 34.3% over the same period, from $370K to $497K. Total functional expenses rose by 18.6%, from $136K to $161K. In its most recent filing year (2023), Washington School Of Chinese Language & Culture reported a deficit of $21K, with expenses exceeding revenue. The organization holds $41K in liabilities against $497K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $456K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $140K | $161K | $497K | $41K | — | View 990 |
| 2022 | $142K | $145K | $562K | $86K | — | — |
| 2021 | $144K | $83K | $480K | $0 | — | View 990 |
| 2020 | $161K | $128K | $462K | $43K | — | View 990 |
| 2019 | $156K | $133K | $460K | $75K | — | View 990 |
| 2018 | $160K | $152K | $429K | $67K | — | View 990 |
| 2017 | $128K | $159K | $424K | $70K | — | View 990 |
| 2016 | $144K | $148K | $440K | $56K | — | View 990 |
| 2015 | $164K | $134K | $443K | $55K | — | View 990 |
| 2014 | $173K | $132K | $406K | $48K | — | View 990 |
| 2013 | $149K | $135K | $382K | $64K | — | View 990 |
| 2012 | $129K | $130K | $375K | $72K | — | View 990 |
| 2011 | $143K | $136K | $370K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $140K, expenses of $161K, and assets of $497K (revenue -1.3% year-over-year).
- 2022: Revenue of $142K, expenses of $145K, and assets of $562K (revenue -1.4% year-over-year).
- 2021: Revenue of $144K, expenses of $83K, and assets of $480K (revenue -10.7% year-over-year).
- 2020: Revenue of $161K, expenses of $128K, and assets of $462K (revenue +3.1% year-over-year).
- 2019: Revenue of $156K, expenses of $133K, and assets of $460K (revenue -2.4% year-over-year).
- 2018: Revenue of $160K, expenses of $152K, and assets of $429K (revenue +25.4% year-over-year).
- 2017: Revenue of $128K, expenses of $159K, and assets of $424K (revenue -11.2% year-over-year).
- 2016: Revenue of $144K, expenses of $148K, and assets of $440K (revenue -12.3% year-over-year).
- 2015: Revenue of $164K, expenses of $134K, and assets of $443K (revenue -5.0% year-over-year).
- 2014: Revenue of $173K, expenses of $132K, and assets of $406K (revenue +16.2% year-over-year).
- 2013: Revenue of $149K, expenses of $135K, and assets of $382K (revenue +15.6% year-over-year).
- 2012: Revenue of $129K, expenses of $130K, and assets of $375K (revenue -10.1% year-over-year).
- 2011: Revenue of $143K, expenses of $136K, and assets of $370K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington School Of Chinese Language & Culture:
Data Sources and Methodology
This transparency report for Washington School Of Chinese Language & Culture 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.