419 Walnut Inc
EIN: 271087138 · Boston, MA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $432K |
| Total Expenses | $674K |
| Net Assets | $4.0M |
Is 419 Walnut Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 419 Walnut Inc
419 Walnut Inc (EIN: 271087138) is a nonprofit organization based in Boston, MA, classified under NTEE code L22. The organization reported total revenue of $432K and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 419 Walnut Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
419 Walnut Inc is a small nonprofit that has been operating for 12 years, with 15 years of IRS 990 filings on record (2009–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $425K |
| Total Expenses | $674K |
| Surplus / Deficit | $-248,913 |
| Total Assets | $8.6M |
| Total Liabilities | $4.6M |
| Net Assets | $4.0M |
| Operating Margin | -58.5% |
| Debt-to-Asset Ratio | 53.2% |
| Months of Reserves | 153.6 months |
Financial Health Grade: C
In 2023, 419 Walnut Inc reported a deficit of $249K with expenses exceeding revenue, holds 153.6 months of operating reserves (strong position), has a debt-to-asset ratio of 53.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | -5.1% | -2.8% |
| 2022 | +3.3% | +4.2% | -2.8% |
| 2021 | +1.4% | +2.0% | -2.8% |
| 2020 | +1.0% | -7.6% | -2.5% |
| 2019 | -1.6% | +9.1% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 419 Walnut Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 419 Walnut Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $249K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.2%.
Frequently Asked Questions about 419 Walnut Inc
Is 419 Walnut Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 419 Walnut Inc (EIN: 271087138) insufficient data. 0 red flags identified, 0 strengths noted.
How does 419 Walnut Inc spend its money?
Detailed spending breakdown data is not yet available for 419 Walnut Inc. Check back for updated IRS 990 analysis.
Are donations to 419 Walnut Inc tax-deductible?
419 Walnut Inc is registered as a tax-exempt nonprofit (EIN: 271087138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 419 Walnut Inc located?
419 Walnut Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 271087138. It is classified under NTEE code L22.
How many years of IRS 990 filings does 419 Walnut Inc have?
419 Walnut Inc has 15 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $432K in total revenue.
Filing History
IRS 990 filing history for 419 Walnut Inc showing financial trends over 15 years of public records:
In its most recent filing year (2023), 419 Walnut Inc reported a deficit of $249K, with expenses exceeding revenue. The organization holds $4.6M in liabilities against $8.6M in assets (debt-to-asset ratio: 53.2%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $425K | $674K | $8.6M | $4.6M | — | — |
| 2022 | $417K | $710K | $8.9M | $4.6M | — | View 990 |
| 2021 | $404K | $681K | $9.1M | $4.6M | — | View 990 |
| 2020 | $398K | $668K | $9.4M | $4.5M | — | View 990 |
| 2019 | $394K | $723K | $9.6M | $4.5M | — | View 990 |
| 2018 | $400K | $663K | $9.9M | $4.5M | — | View 990 |
| 2017 | $353K | $630K | $10.2M | $4.5M | — | View 990 |
| 2016 | $1.1M | $601K | $10.4M | $4.5M | — | View 990 |
| 2015 | $220K | $349K | $10.4M | $4.9M | — | View 990 |
| 2014 | $2.8M | $15K | $9.9M | $4.4M | — | View 990 |
| 2013 | $2.7M | $8K | $6.4M | $3.7M | — | View 990 |
| 2012 | $0 | $0 | $1.4M | $1.3M | — | View 990 |
| 2011 | $47K | $0 | $50K | $3K | — | View 990 |
| 2010 | $0 | $0 | $0 | $0 | — | View 990 |
| 2009 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $425K, expenses of $674K, and assets of $8.6M (revenue +2.0% year-over-year).
- 2022: Revenue of $417K, expenses of $710K, and assets of $8.9M (revenue +3.3% year-over-year).
- 2021: Revenue of $404K, expenses of $681K, and assets of $9.1M (revenue +1.4% year-over-year).
- 2020: Revenue of $398K, expenses of $668K, and assets of $9.4M (revenue +1.0% year-over-year).
- 2019: Revenue of $394K, expenses of $723K, and assets of $9.6M (revenue -1.6% year-over-year).
- 2018: Revenue of $400K, expenses of $663K, and assets of $9.9M (revenue +13.4% year-over-year).
- 2017: Revenue of $353K, expenses of $630K, and assets of $10.2M (revenue -67.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $601K, and assets of $10.4M (revenue +395.9% year-over-year).
- 2015: Revenue of $220K, expenses of $349K, and assets of $10.4M (revenue -92.1% year-over-year).
- 2014: Revenue of $2.8M, expenses of $15K, and assets of $9.9M (revenue +2.0% year-over-year).
- 2013: Revenue of $2.7M, expenses of $8K, and assets of $6.4M.
- 2012: Revenue of $0, expenses of $0, and assets of $1.4M (revenue -100.0% year-over-year).
- 2011: Revenue of $47K, expenses of $0, and assets of $50K.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
- 2009: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 419 Walnut Inc:
Data Sources and Methodology
This transparency report for 419 Walnut Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.