Whitman-walker at 1201 Inc
Nonprofit profile at a glance
- EIN
- 922607493
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2033448300
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $-111,941
- Expenses
- $6,044,347
- Assets
- $69,466,941
- Liabilities
- $77,192,879
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- CINDY LEWIN (INTERIM CEO (THRU 03/18/2024))
- HEATHER AARON (CHIEF EXECUTIVE OFFICER (AS OF 03/2024))
Highest reported compensation
- JENNIFER MAHER (CHIEF FINANCIAL OFFICER & BOARD DIRECTOR): $299,408 total reported compensation
- HEATHER AARON (CHIEF EXECUTIVE OFFICER (AS OF 03/2024)): $239,061 total reported compensation
- CINDY LEWIN (INTERIM CEO (THRU 03/18/2024)): $139,673 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The company is the holding company for new market tax credit activity related to whitman-walker clinic, inc. & whitman-walker health system, inc.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 23
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5,499.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 11.49; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 1.11; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 132.4% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: Limited
- Asset growth: -12.7% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $6M in reported program spending
- Leadership: top reported pay $299K · 7 people listed · 2 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 7 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 20/100.