Quick charity verification for Walsh Family Foundation Inc (EIN: 133950961)
Verdict: Walsh Family Foundation Inc appears trustworthy
92/100Mission Score
$412KRevenue
$199KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently 0% officer compensation, indicating volunteer leadership and high efficiency.
Extremely low liabilities (often $1), demonstrating strong financial health and minimal debt.
Consistent 990 filings, showing good transparency and compliance.
Growing asset base, from $134,294 in 2011 to $199,367 currently, indicating financial stability.
Strong program focus due to minimal administrative overhead.
Spending Breakdown
How Walsh Family Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Inc
Is Walsh Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Walsh Family Foundation Inc (EIN: 133950961) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Walsh Family Foundation Inc a good charity to donate to?
Walsh Family Foundation Inc has a Mission Score of 92/100. Revenue: $412K. Assets: $199K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Walsh Family Foundation Inc?
The Employer Identification Number (EIN) for Walsh Family Foundation Inc is 133950961. 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 Inc spend its money?
Walsh Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Walsh Family Foundation Inc's tax-exempt status?
You can verify Walsh Family Foundation Inc's tax-exempt status using EIN 133950961 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 Inc. demonstrates consistent financial health as a grant-making organization, with assets growing to $199,367 and latest reported revenue of $412,400. The foundation consistently maintains very low liabilities, often reported as just $1, indicating strong financial management and minimal debt. Their spending efficiency is notable, particularly in the 2023 period where expenses were $51,820 against revenues of $162,025, suggesting a significant portion of revenue is retained or distributed as grants. The organization's transparency is high, as evidenced by its consistent 990 filings and the clear reporting of zero officer compensation across all available periods, which is a strong indicator of volunteer leadership and a focus on mission-related spending rather than administrative overhead. This structure suggests that nearly all operational costs are directly tied to program delivery or grant administration, making it an efficient vehicle for philanthropic giving.