What To Expect Project
What To Expect Project faces declining assets amid years of expenses exceeding revenue, maintaining 0% officer compensation.
EIN: 133969722 · Arlington, VA · NTEE: E99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $280K |
| Total Expenses | $403K |
| Program Spending | 80% |
| Net Assets | $123K |
| Transparency Score | 75/100 |
Is What To Expect Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
What To Expect Project directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About What To Expect Project
What To Expect Project (EIN: 133969722) is a nonprofit organization based in Arlington, VA, classified under NTEE code E99Z. The organization reported total revenue of $280K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of What To Expect Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
What To Expect Project is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $378K |
| Total Expenses | $403K |
| Surplus / Deficit | $-25,504 |
| Total Assets | $172K |
| Total Liabilities | $48K |
| Net Assets | $123K |
| Operating Margin | -6.8% |
| Debt-to-Asset Ratio | 28.0% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, What To Expect Project reported a deficit of $26K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 28.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), What To Expect Project's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | -11.0% | -5.5% |
| 2022 | -32.9% | -49.1% | -36.2% |
| 2021 | +38.4% | +58.5% | -57.9% |
| 2020 | -23.5% | +13.7% | -14.2% |
| 2019 | +94.3% | +187.0% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates What To Expect Project with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, What To Expect Project allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led or extremely lean executive structure.
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 What To Expect Project's IRS 990 filings:
- Consistent decline in assets from $939,405 in 2018 to $171,536 in 2023.
- Multiple years where expenses significantly exceeded revenue (e.g., 2021: $889,787 expenses vs. $540,508 revenue).
- Significant fluctuations in annual revenue, indicating potential instability in funding sources (e.g., $1,065,373 in 2014 down to $377,786 in 2023).
Strengths
The following positive indicators were identified for What To Expect Project:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to mission.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Maintained operations despite financial fluctuations, showing resilience.
Frequently Asked Questions about What To Expect Project
Is What To Expect Project a legitimate charity?
What To Expect Project (EIN: 133969722) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $280K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does What To Expect Project spend its money?
What To Expect Project directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to What To Expect Project tax-deductible?
What To Expect Project is registered as a tax-exempt nonprofit (EIN: 133969722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of What To Expect Project's spending goes to programs?
What To Expect Project directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does What To Expect Project compare to similar nonprofits?
With a transparency score of 75/100 (Good), What To Expect Project is above average for NTEE category E99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is What To Expect Project located?
What To Expect Project is headquartered in Arlington, Virginia and files with the IRS under EIN 133969722. It is classified under NTEE code E99Z.
How many years of IRS 990 filings does What To Expect Project have?
What To Expect Project 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 $280K in total revenue.
Is What To Expect Project financially sustainable given its recent trend of expenses exceeding revenue?
The organization has experienced several years where expenses surpassed revenue, notably in 2023 ($403,290 expenses vs. $377,786 revenue) and 2022 ($453,226 expenses vs. $362,588 revenue). This trend has led to a significant decrease in assets from $939,405 in 2018 to $171,536 in 2023, raising concerns about long-term financial sustainability if not addressed.
How does the 0% officer compensation impact the organization's operations?
The consistent reporting of 0% officer compensation suggests a highly volunteer-driven leadership or that executive functions are performed without direct salary, which can maximize funds available for programs but might also pose challenges in attracting and retaining professional leadership without compensation.
What caused the significant decline in assets from 2018 to 2023?
The decline in assets from $939,405 in 2018 to $171,536 in 2023 is primarily attributable to multiple years where total expenses exceeded total revenue, such as in 2023, 2022, 2021, 2020, 2016, and 2014, drawing down the organization's reserves.
Filing History
IRS 990 filing history for What To Expect Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), What To Expect Project's revenue has declined by 14.8%, moving from $444K to $378K. Total assets decreased by 88% over the same period, from $1.4M to $172K. Total functional expenses fell by 47.6%, from $770K to $403K. In its most recent filing year (2023), What To Expect Project reported a deficit of $26K, with expenses exceeding revenue. The organization holds $48K in liabilities against $172K in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $123K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $378K | $403K | $172K | $48K | — | — |
| 2022 | $363K | $453K | $181K | $33K | — | — |
| 2021 | $541K | $890K | $284K | $45K | — | View 990 |
| 2020 | $391K | $561K | $676K | $87K | — | View 990 |
| 2019 | $511K | $494K | $788K | $28K | — | View 990 |
| 2018 | $263K | $172K | $939K | $197K | — | View 990 |
| 2017 | $266K | $128K | $676K | $24K | — | View 990 |
| 2016 | $186K | $211K | $668K | $155K | — | View 990 |
| 2015 | $437K | $271K | $562K | $23K | — | View 990 |
| 2014 | $1.1M | $1.3M | $385K | $13K | — | View 990 |
| 2013 | $763K | $1.2M | $684K | $81K | — | View 990 |
| 2012 | $627K | $969K | $1.2M | $150K | — | View 990 |
| 2011 | $444K | $770K | $1.4M | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $378K, expenses of $403K, and assets of $172K (revenue +4.2% year-over-year).
- 2022: Revenue of $363K, expenses of $453K, and assets of $181K (revenue -32.9% year-over-year).
- 2021: Revenue of $541K, expenses of $890K, and assets of $284K (revenue +38.4% year-over-year).
- 2020: Revenue of $391K, expenses of $561K, and assets of $676K (revenue -23.5% year-over-year).
- 2019: Revenue of $511K, expenses of $494K, and assets of $788K (revenue +94.3% year-over-year).
- 2018: Revenue of $263K, expenses of $172K, and assets of $939K (revenue -1.3% year-over-year).
- 2017: Revenue of $266K, expenses of $128K, and assets of $676K (revenue +43.4% year-over-year).
- 2016: Revenue of $186K, expenses of $211K, and assets of $668K (revenue -57.5% year-over-year).
- 2015: Revenue of $437K, expenses of $271K, and assets of $562K (revenue -59.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.3M, and assets of $385K (revenue +39.7% year-over-year).
- 2013: Revenue of $763K, expenses of $1.2M, and assets of $684K (revenue +21.6% year-over-year).
- 2012: Revenue of $627K, expenses of $969K, and assets of $1.2M (revenue +41.4% year-over-year).
- 2011: Revenue of $444K, expenses of $770K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for What To Expect Project:
Data Sources and Methodology
This transparency report for What To Expect Project 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.