WASHINGTON NATIONALS PHILANTHROPIES (EIN 342034830) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

LAUREN MCCARTHY

Phone

2026407456

Tax Period

2024-01-01 to 2024-12-31

WASHINGTON NATIONALS PHILANTHROPIES, founded in 2005, is a community nonprofit in the Youth Development sector that reported $3.5M in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 22% operating deficit.

Mission

WASHINGTON NATIONALS PHILANTHROPIES IS THE OFFICIAL CHARITABLE ARM OF THE WASHINGTON NATIONALS. ITS MISSION IS TO HELP CHILDREN, FAMILIES, AND COMMUNITIES THRIVE THROUGH SPORTS-BASED YOUTH DEVELOPMENT AND ACCESS TO HEALTHY FOOD. THE ORGANIZATION DELIVERS ON THIS COMMITMENT BY SPURRING INVESTMENT IN COMMUNITY-BASED PROGRAMS THAT ADDRESS THE DISPARITY OF OPPORTUNITY FOR RESIDENTS OF THE REGION. SINCE 2007, THE FOUNDATION HAS ISSUED OVER $7 MILLION IN GRANTS TO LOCAL ORGANIZATIONS. THROUGH ITS SIGNATURE PROGRAM, THE NATIONALS YOUTH BASEBALL ACADEMY, THE ORGANIZATION OPERATES YEAR-ROUND YOUTH DEVELOPMENT AND BASEBALL INSTRUCTION ACTIVITIES, AS WELL AS A HOLISTIC FOOD ACCESS PROGRAM - SUPPORTING THE DELIVERY OF NEARLY 1 MILLION MEALS INTO THE WASHINGTON, DC REGION SINCE 2018. SINCE 2013, THE ORGANIZATION HAS INVESTED $50 MILLION FOR FACILITY CONSTRUCTION AND ANNUAL PROGRAMMING THROUGH THE ACADEMY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,383,740

Program Service Revenue $574,572

Investment Income $102,403

Other Revenue $422,950

TOTAL REVENUE $3,483,665

Expense Breakdown

Grants Paid $167,463

Salaries & Benefits $2,313,170

Fundraising Expenses $833,755

Program Expenses $2,180,569

Other Expenses $1,777,098

TOTAL EXPENSES $4,257,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,483,665	$7,212,701	-0.5%
Expenses	$4,257,731	$5,653,269	-0.2%
Net Income	$-774,066	$1,559,432	-1.5%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

480

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$503,479

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK SCHIFTER	CHAIR	4.00	Director	$0	$0	$0
PAXTON BAKER	BOARD MEMBER	4.00	Director	$0	$0	$0
LEXI BATAILLON	BOARD MEMBER	4.00	Director	$0	$0	$0
MIKE CARNEY	BOARD MEMBER (EX OFFICIO)	4.00	Director	$0	$0	$0
MICHAEL COHEN	BOARD MEMBER	4.00	Director	$0	$0	$0
JOE DEL GUERCIO	BOARD MEMBER	4.00	Director	$0	$0	$0
TIM GILLIS	BOARD MEMBER	4.00	Director	$0	$0	$0
DHANI JONES	BOARD MEMBER	4.00	Director	$0	$0	$0
ALISON KUTLER	BOARD MEMBER	4.00	Director	$0	$0	$0
JONATHAN LERNER	BOARD MEMBER	4.00	Director	$0	$0	$0
TONY LEWIS	BOARD MEMBER	4.00	Director	$0	$0	$0
TONY LEWIS JR	BOARD MEMBER	4.00	Director	$0	$0	$0
JON SEEBER	BOARD MEMBER	4.00	Director	$0	$0	$0
SKIP SPRIGGS	BOARD MEMBER	4.00	Director	$0	$0	$0
MARLA LERNER TANENBAUM	BOARD MEMBER	4.00	Director	$0	$0	$0
TATIANA TORRES	BOARD MEMBER	4.00	Director	$0	$0	$0
LAUREN MCCARTHY	EXECUTIVE DIRECTOR	40.00	Officer	$188,847	$58,629	$247,476
TAL ALTER	CEO (THRU 10/2024)	40.00	Officer	$208,489	$47,514	$256,003
KELLY DECERBO	SENIOR DIRECTOR, MARKETING	40.00	Highest	$135,953	$17,653	$153,606
CHARLES SPERDUTO	SENIOR DIRECTOR, CIVIC ENG/OPER	40.00	Highest	$112,285	$22,074	$134,359
NICHOLAS SUSSMAN	SENIOR DIRECTOR, ACADEMY PROGRAMS	40.00	Highest	$112,187	$22,172	$134,359

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,483,665	$4,257,731	$10,040,384	$-774,066
2023	$7,212,701	$5,653,269	$11,108,527	$1,559,432
2022	$3,999,305	$6,357,193	$7,027,954	$-2,357,888
2021	$4,334,499	$5,976,149	$8,857,322	$-1,641,650
2020	$2,783,276	$3,624,609	$5,517,795	$-841,333
2019	$2,480,777	$2,945,993	$5,741,637	$-465,216
2018	$3,605,100	$2,760,991	$6,160,811	$844,109

WASHINGTON NATIONALS PHILANTHROPIES