Is Dave Walton Evangelistic Association Inc Legit?
Quick charity verification for Dave Walton Evangelistic Association Inc (EIN: 200726676)
Verdict: Dave Walton Evangelistic Association Inc shows mixed signals
55/100Mission Score
$129KRevenue
$4KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $97,161 deficit in 2023, $54,426 deficit in 2022).
Significant decrease in assets from $258,595 in 2020 to $55,978 in 2023, suggesting reliance on reserves.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full financial analysis.
Strengths
Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Reported 0% officer compensation across all available filings, indicating low executive overhead costs.
Long operational history with 14 filings, suggesting established presence.
Spending Breakdown
How Dave Walton Evangelistic Association Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Dave Walton Evangelistic Association Inc
Is Dave Walton Evangelistic Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dave Walton Evangelistic Association Inc (EIN: 200726676) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Dave Walton Evangelistic Association Inc a good charity to donate to?
Dave Walton Evangelistic Association Inc has a Mission Score of 55/100. Revenue: $129K. Assets: $4K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dave Walton Evangelistic Association Inc?
The Employer Identification Number (EIN) for Dave Walton Evangelistic Association Inc is 200726676. 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 Dave Walton Evangelistic Association Inc spend its money?
Dave Walton Evangelistic Association Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dave Walton Evangelistic Association Inc's tax-exempt status?
You can verify Dave Walton Evangelistic Association Inc's tax-exempt status using EIN 200726676 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 Dave Walton Evangelistic Association Inc. exhibits a concerning trend of operating deficits in recent years, with expenses consistently exceeding revenue. For instance, in 2023, expenses were $243,992 against revenues of $146,831, and in 2022, expenses were $212,346 against revenues of $157,920. This sustained deficit spending could indicate financial instability if not addressed. While the organization reports 0% officer compensation across all available filings, which is a positive sign for minimizing administrative overhead, the overall financial health is impacted by these operational losses. The organization's assets have also fluctuated significantly, from a high of $258,595 in 2020 to $55,978 in 2023, suggesting a draw-down on reserves.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, it's challenging to fully assess. However, the consistent operational losses suggest that the organization is spending more than it brings in, which is not sustainable. The lack of officer compensation is a strong indicator of low administrative burden in that specific area, but a full picture of spending efficiency requires more granular expense data.
Transparency appears to be adequate in terms of filing IRS Form 990s consistently over 14 periods. The consistent reporting of 0% officer compensation is a transparent disclosure. However, the provided data does not offer insights into the specific allocation of expenses beyond total revenue and expenses, which limits a deeper analysis of program efficiency and overall financial management.