Washington State College Of Ohio Foundation

Washington State College Of Ohio Foundation consistently grows assets with volunteer leadership and efficient spending.

EIN: 134219667 · Marietta, OH · NTEE: B20 · Updated: 2026-03-28

$1.0MRevenue

$2.6MAssets

92/100Mission Score (Excellent)

B20

About Washington State College Of Ohio Foundation

Washington State College Of Ohio Foundation (EIN: 134219667) is a nonprofit organization based in Marietta, OH, classified under NTEE code B20. The organization reported total revenue of $1.0M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington State College Of Ohio Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Washington State College Of Ohio Foundation demonstrates consistent financial growth and appears to be fiscally responsible. Over the past decade, its assets have steadily increased from $924,876 in 2014 to $2,120,819 in 2023, indicating effective asset management and endowment building. Revenue has fluctuated but generally trended upwards, with the latest reported revenue at $362,819 in 2023. The organization consistently spends less than its revenue, allowing for asset accumulation.

The foundation's spending efficiency is commendable, as evidenced by its low expense ratios relative to revenue. For instance, in 2023, expenses were $267,379 against revenues of $362,819, suggesting a significant portion of funds are retained or directly applied to program services. The absence of reported officer compensation across all filings is a strong indicator of volunteer leadership, which enhances spending efficiency and transparency. This practice suggests that administrative costs are likely kept very low, maximizing the impact of donations towards its educational mission.

Transparency is high given the consistent filing of IRS Form 990s and the clear financial trends. The lack of officer compensation further reinforces a commitment to directing resources towards its mission rather than executive salaries. The foundation's financial health appears robust, with a solid asset base and a history of managing expenses effectively, positioning it well to support Washington State College of Ohio.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Washington State College Of Ohio Foundation with a Mission Score of 92 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Washington State College Of Ohio Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 entirely volunteer-based, which is highly commendable for an organization of its size with over $2 million in assets.

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.

Strengths

The following positive indicators were identified for Washington State College Of Ohio Foundation:

Consistent asset growth, more than doubling from $924,876 in 2014 to $2,120,819 in 2023.
0% officer compensation across all filings, indicating volunteer leadership and high efficiency.
Expenses consistently lower than revenue, allowing for healthy asset accumulation.
Strong financial health with a solid asset base relative to its annual revenue.
Regular and transparent IRS 990 filings over a long period (12 filings).

Frequently Asked Questions about Washington State College Of Ohio Foundation

Is Washington State College Of Ohio Foundation a good charity?

Based on its financial data, the Washington State College Of Ohio Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and highly efficient spending with 0% officer compensation.

How has the foundation's asset base changed over time?

The foundation's assets have shown consistent growth, increasing from $924,876 in 2014 to $2,120,819 in 2023, more than doubling over the decade.

What is the trend in revenue and expenses?

Revenue has fluctuated but generally trended upwards, reaching $362,819 in 2023. Expenses have consistently been lower than revenue, allowing for asset accumulation, for example, $267,379 in expenses against $362,819 in revenue in 2023.

Filing History

IRS 990 filing history for Washington State College Of Ohio Foundation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Washington State College Of Ohio Foundation's revenue has grown by 258.9%, moving from $101K to $363K. Total assets increased by 223.2% over the same period, from $656K to $2.1M. Total functional expenses rose by 4.9%, from $255K to $267K. In its most recent filing year (2023), Washington State College Of Ohio Foundation reported a surplus of $95K, with revenue exceeding expenses. The organization holds $11K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $2.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$363K	$267K	$2.1M	$11K	—	—
2022	$362K	$334K	$1.8M	$299	—	View 990
2021	$684K	$240K	$2.2M	$84K	—	View 990
2020	$271K	$172K	$1.5M	$18K	—	—
2019	$228K	$114K	$1.3M	$9K	—	View 990
2018	$200K	$111K	$1.2M	$8K	—	View 990
2017	$175K	$164K	$1.1M	$21K	—	View 990
2016	$174K	$141K	$1.0M	$0	—	View 990
2015	$246K	$153K	$995K	$3K	—	View 990
2014	$196K	$89K	$925K	$250	—	View 990
2013	$164K	$105K	$756K	$2K	—	View 990
2012	$101K	$255K	$656K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $363K, expenses of $267K, and assets of $2.1M (revenue +0.3% year-over-year).
2022: Revenue of $362K, expenses of $334K, and assets of $1.8M (revenue -47.1% year-over-year).
2021: Revenue of $684K, expenses of $240K, and assets of $2.2M (revenue +152.8% year-over-year).
2020: Revenue of $271K, expenses of $172K, and assets of $1.5M (revenue +18.6% year-over-year).
2019: Revenue of $228K, expenses of $114K, and assets of $1.3M (revenue +13.8% year-over-year).
2018: Revenue of $200K, expenses of $111K, and assets of $1.2M (revenue +14.5% year-over-year).
2017: Revenue of $175K, expenses of $164K, and assets of $1.1M (revenue +0.7% year-over-year).
2016: Revenue of $174K, expenses of $141K, and assets of $1.0M (revenue -29.4% year-over-year).
2015: Revenue of $246K, expenses of $153K, and assets of $995K (revenue +25.4% year-over-year).
2014: Revenue of $196K, expenses of $89K, and assets of $925K (revenue +19.3% year-over-year).
2013: Revenue of $164K, expenses of $105K, and assets of $756K (revenue +62.7% year-over-year).
2012: Revenue of $101K, expenses of $255K, and assets of $656K.

Data Sources and Methodology

This transparency report for Washington State College Of Ohio Foundation 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.