Quick charity verification for Walsh Family Foundation (EIN: 206758711)
Verdict: Walsh Family Foundation appears trustworthy
95/100Mission Score
$652KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency
Strong and growing asset base ($1,005,545 in 2023)
Minimal liabilities ($1 in recent years), showing financial stability
Generally operates with a revenue surplus, allowing for endowment growth
Long history of IRS 990 filings, demonstrating transparency and compliance
Spending Breakdown
How Walsh Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Walsh Family Foundation
Is Walsh Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Walsh Family Foundation (EIN: 206758711) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Walsh Family Foundation a good charity to donate to?
Walsh Family Foundation has a Mission Score of 95/100. Revenue: $652K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Walsh Family Foundation?
The Employer Identification Number (EIN) for Walsh Family Foundation is 206758711. 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 Walsh Family Foundation spend its money?
Walsh Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Walsh Family Foundation's tax-exempt status?
You can verify Walsh Family Foundation's tax-exempt status using EIN 206758711 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 Walsh Family Foundation demonstrates consistent financial health, maintaining a strong asset base relative to its annual expenses. Over the past decade, its assets have grown from $777,549 in 2011 to $1,005,545 in 2023, indicating sound financial management and accumulation of resources. The foundation consistently reports minimal liabilities, often just $1, which is a strong indicator of financial stability and low debt burden. While revenue fluctuates year-to-year, the foundation generally operates with a surplus, as seen in 2023 where revenue was $161,756 against expenses of $106,128. This allows for continued growth of its endowment and capacity for future grantmaking.
Spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that administrative costs are kept very low, allowing a greater proportion of funds to be directed towards its programmatic goals. As a private foundation (implied by NTEE T22 and consistent asset growth), its primary 'program' is grantmaking, and the absence of executive compensation is a significant positive for efficiency.
Transparency is generally good through its public 990 filings. The consistent reporting of key financial metrics and the absence of officer compensation contribute to a clear picture of its operations. The minimal liabilities further enhance its transparent financial standing, showing a straightforward balance sheet. The foundation's long filing history (10 filings) also indicates a commitment to regulatory compliance and public disclosure.