Quick charity verification for Walsworth Family Charitable Foundation (EIN: 204027449)
Verdict: Walsworth Family Charitable Foundation appears trustworthy
95/100Mission Score
$338KRevenue
$1.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset growth, increasing from $99,150 in 2011 to $1,009,094 in 2023.
Exceptional spending efficiency with consistently low expenses relative to revenue.
0% officer compensation reported across all available filings, indicating minimal administrative overhead.
Consistent financial stability with minimal liabilities reported ($0 or $1).
Regular and transparent IRS 990 filing history over 10 periods.
Spending Breakdown
How Walsworth Family Charitable Foundation 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 Walsworth Family Charitable Foundation
Is Walsworth Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Walsworth Family Charitable Foundation (EIN: 204027449) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Walsworth Family Charitable Foundation a good charity to donate to?
Walsworth Family Charitable Foundation has a Mission Score of 95/100. Revenue: $338K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Walsworth Family Charitable Foundation?
The Employer Identification Number (EIN) for Walsworth Family Charitable Foundation is 204027449. 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 Walsworth Family Charitable Foundation spend its money?
Walsworth Family Charitable Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Walsworth Family Charitable Foundation's tax-exempt status?
You can verify Walsworth Family Charitable Foundation's tax-exempt status using EIN 204027449 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 Walsworth Family Charitable Foundation demonstrates strong financial health and efficiency, primarily operating as a grant-making organization. Over the past decade, its assets have grown significantly from $99,150 in 2011 to over $1 million in 2023, indicating robust financial management and investment growth. The foundation consistently maintains very low expenses relative to its revenue, with expenses in 2023 being $45,547 against a revenue of $149,302, and in 2022, $51,941 against $129,377. This suggests that a substantial portion of its income is available for its charitable mission rather than being consumed by operational costs.
The organization's spending efficiency is exceptional, as evidenced by its consistent reporting of 0% officer compensation across all available filings. This indicates that administrative costs are minimal, allowing a greater percentage of funds to be directed towards its programs. As a private foundation, its primary 'program' is typically grant-making, and the low expense ratios suggest effective deployment of funds. The consistent reporting of minimal liabilities (often $1 or $0) further underscores its financial stability and responsible fiscal practices.
Transparency appears to be high, with a consistent filing history over ten periods and clear reporting of key financial metrics. The absence of officer compensation is a significant positive indicator of its commitment to directing resources to its charitable purpose. While specific program details would require deeper analysis of the 990-PF forms, the overall financial picture points to a well-managed and efficient charitable entity.