Is Willard And Pat Walker Charitable…

Quick charity verification for Willard And Pat Walker Charitable Foundation Inc (EIN: 200235689)

Strengths

Consistent 0% officer compensation across all filings, indicating high efficiency in executive remuneration.
Substantial and growing asset base, from $43,998,873 in 201512 to $431,457,273 currently, providing strong financial stability.
Strong program focus, typical of a grantmaking foundation, with a high proportion of spending directed towards charitable distributions.
Significant latest revenue of $72,063,830, demonstrating strong financial capacity.

Spending Breakdown

How Willard And Pat Walker Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Willard And Pat Walker Charitable Foundation Inc

Is Willard And Pat Walker Charitable Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Willard And Pat Walker Charitable Foundation Inc (EIN: 200235689) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Willard And Pat Walker Charitable Foundation Inc a good charity to donate to?

Willard And Pat Walker Charitable Foundation Inc has a Mission Score of 92/100. Revenue: $72.1M. Assets: $431.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Willard And Pat Walker Charitable Foundation Inc?

The Employer Identification Number (EIN) for Willard And Pat Walker Charitable Foundation Inc is 200235689. 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 Willard And Pat Walker Charitable Foundation Inc spend its money?

Willard And Pat Walker Charitable Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Willard And Pat Walker Charitable Foundation Inc's tax-exempt status?

You can verify Willard And Pat Walker Charitable Foundation Inc's tax-exempt status using EIN 200235689 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 Willard And Pat Walker Charitable Foundation Inc demonstrates a strong commitment to its program services, as evidenced by its consistent program spending. For instance, in the 202312 period, with total expenses of $14,098,093, the foundation allocated a significant portion to its charitable activities. The organization's financial health appears robust, with substantial assets of $431,457,273 and a latest reported revenue of $72,063,830, indicating a strong capacity to fund its mission. However, the foundation has experienced periods where expenses exceeded revenue, such as in 202312 ($11,017,809 revenue vs. $14,098,093 expenses) and 202212 ($6,349,341 revenue vs. $11,865,366 expenses), which, while common for foundations distributing grants, warrants monitoring to ensure long-term sustainability without excessive drawdowns on assets.

The foundation's transparency is commendable, particularly with its consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The substantial growth in assets from $43,998,873 in 201512 to $334,398,230 in 202312 (and $431,457,273 latest reported) showcases effective asset management and growth over time, providing a solid financial base for future philanthropic endeavors. The NTEE code T22 (Private Grantmaking Foundations) aligns with its operational model, primarily focusing on grant distribution rather than direct program delivery, which inherently shifts the spending breakdown towards grants (programs) and away from direct administrative or fundraising costs typical of public charities.

Is Willard And Pat Walker Charitable Foundation Inc Legit?

Verdict: Willard And Pat Walker Charitable Foundation Inc appears trustworthy

Red Flags