WASHINGTON NATIONALS PHILANTHROPIES
Mission Statement
The Washington Nationals Dream Foundation and Washington Nationals Baseball Club are committed to community partnerships that improve the lives of children and families across the Washington Capital Region. A 501(c)3 charitable organization, the Foundation's three cornerstone programs focus on children's education, health and recreation. The Washington Nationals Youth Baseball Academy, in partnership with the District Government, will offer inner city youth a safe environment that encourages and enhances academic development while providing the opportunity to learn and play the game of baseball. Located in Ward 7's Fort Dupont Park, the facility's three baseball fields and clubhouse is opening in 2013. The Washington Nationals Pediatric Diabetes Care Complex at Children's National Medical Center, opening in Spring 2013, will be a world-class facility that will provide a multi-disciplinary approach to supporting families of children with diabetes. With state-of-the-art treatment rooms and a multi-functional education center, the facility will house classrooms, a media room, a demonstration kitchen, computer kiosks and various other tools to empower families battling diabetes. The Neighborhood Initiative provides grants and in-kind donations to local non-profit organizations that are dedicated to improving the Southeast/Southwest DC neighborhoods surrounding Nationals Park and beyond. Beneficiaries include Everybody Wins !DC, Jan's Tutoring House, DC RBI, Brandywine Street Association, Arlington Little League Challenger Division, Rebuilding Together DC and Nationals Miracle Field among others.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
51.2% | 81.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.2% | 11.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
19.6% | 4.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
93.5% | 151.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.2 mo | 11.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.9% | 9.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.4% | 89.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-51.7% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-24.7% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-22.2% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.5M | $4.3M | $9.6M | 51.2% | 80 |
| 2023 | $7.2M | $5.7M | $10.4M | 32.7% | 0 |
| 2022 | $4.0M | $6.4M | $5.7M | 35.6% | 0 |
| 2021 | $4.3M | $6.0M | N/A | — | 0 |
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