Is Darrick And Julia Walker Open Hands Foundation Legit?
Quick charity verification for Darrick And Julia Walker Open Hands Foundation (EIN: 203972808)
Verdict: Darrick And Julia Walker Open Hands Foundation shows mixed signals
45/100Mission Score
$56Revenue
$411KAssets
3Red Flags
2Strengths
Red Flags
Extreme revenue volatility, including significant negative revenue in multiple years (e.g., $-300,572 in 2022, $-694,998 in 2020).
Substantial decline in assets from $1,546,663 in 2019 to $409,653 in 2023, indicating potential financial instability.
Latest reported revenue of $56 is extremely low, raising concerns about current operational capacity.
Strengths
Consistent reporting of 0% officer compensation, indicating no private inurement.
Minimal liabilities reported across all filings ($0 or $1), suggesting good debt management.
Spending Breakdown
How Darrick And Julia Walker Open Hands Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Darrick And Julia Walker Open Hands Foundation
Is Darrick And Julia Walker Open Hands Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Darrick And Julia Walker Open Hands Foundation (EIN: 203972808) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Darrick And Julia Walker Open Hands Foundation a good charity to donate to?
Darrick And Julia Walker Open Hands Foundation has a Mission Score of 45/100. Revenue: $56. Assets: $411K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Darrick And Julia Walker Open Hands Foundation?
The Employer Identification Number (EIN) for Darrick And Julia Walker Open Hands Foundation is 203972808. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Darrick And Julia Walker Open Hands Foundation spend its money?
Darrick And Julia Walker Open Hands Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Darrick And Julia Walker Open Hands Foundation's tax-exempt status?
You can verify Darrick And Julia Walker Open Hands Foundation's tax-exempt status using EIN 203972808 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Darrick And Julia Walker Open Hands Foundation exhibits highly inconsistent financial activity, making a clear assessment of its health challenging. While the organization reported positive net revenue of $10,018 in 2023 and $5,095 in 2021, it experienced significant negative revenue in 2022 ($-300,572) and 2020 ($-694,998). This volatility, coupled with a substantial decrease in assets from a peak of $1,546,663 in 2019 to $409,653 in 2023, suggests potential financial instability or a highly irregular operational model. The organization consistently reports minimal liabilities ($1 or $0) and zero officer compensation, which are positive indicators of fiscal prudence and lack of self-enrichment. However, the extreme fluctuations in revenue and the significant decline in assets over recent years raise concerns about long-term sustainability and the consistent ability to fund programs. Without detailed program expense breakdowns, it's difficult to fully assess spending efficiency, but the overall financial picture is one of considerable unpredictability.