Cloud Walk Worldwide Inc
Cloud Walk Worldwide Inc shows strong asset growth and no reported officer compensation, with fluctuating but generally positive financial performance.
EIN: 201498565 · Alpharetta, GA · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $628K |
| Total Expenses | $441K |
| Program Spending | 85% |
| Net Assets | $1.9M |
| Transparency Score | 90/100 |
Is Cloud Walk Worldwide Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cloud Walk Worldwide Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cloud Walk Worldwide Inc
Cloud Walk Worldwide Inc (EIN: 201498565) is a nonprofit organization based in Alpharetta, GA, classified under NTEE code X20. The organization reported total revenue of $628K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cloud Walk Worldwide Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cloud Walk Worldwide Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $767K |
| Total Expenses | $441K |
| Surplus / Deficit | +$326K |
| Total Assets | $1.9M |
| Total Liabilities | $5K |
| Net Assets | $1.9M |
| Operating Margin | 42.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 53.0 months |
Financial Health Grade: A
In 2023, Cloud Walk Worldwide Inc reported a surplus of $326K with revenue exceeding expenses, holds 53.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cloud Walk Worldwide Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.3% | -10.3% | +19.9% |
| 2022 | -16.2% | +12.0% | +803.8% |
| 2021 | +20.2% | -5.0% | +21.6% |
| 2020 | -6.7% | +20.3% | -7.2% |
| 2019 | -52.2% | -64.4% | -31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cloud Walk Worldwide Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cloud Walk Worldwide Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $326K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Cloud Walk Worldwide Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cloud Walk Worldwide Inc's IRS 990 filings:
- Fluctuating revenue year-over-year, which could impact long-term planning if not managed.
Strengths
The following positive indicators were identified for Cloud Walk Worldwide Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Significant asset growth, particularly in the latest filing period (202312) to $1,949,633.
- Revenue exceeding expenses in the most recent period (202312), demonstrating financial stability.
- Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Cloud Walk Worldwide Inc
Is Cloud Walk Worldwide Inc a legitimate charity?
Cloud Walk Worldwide Inc (EIN: 201498565) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $628K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cloud Walk Worldwide Inc spend its money?
Cloud Walk Worldwide Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cloud Walk Worldwide Inc tax-deductible?
Cloud Walk Worldwide Inc is registered as a tax-exempt nonprofit (EIN: 201498565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cloud Walk Worldwide Inc's spending goes to programs?
Cloud Walk Worldwide Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cloud Walk Worldwide Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cloud Walk Worldwide Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cloud Walk Worldwide Inc located?
Cloud Walk Worldwide Inc is headquartered in Alpharetta, Georgia and files with the IRS under EIN 201498565. It is classified under NTEE code X20.
How many years of IRS 990 filings does Cloud Walk Worldwide Inc have?
Cloud Walk Worldwide Inc has 13 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 $628K in total revenue.
Is Cloud Walk Worldwide Inc a good charity?
Based on the available data, Cloud Walk Worldwide Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating that donations are not used for executive salaries. The organization also shows strong program spending and a healthy financial position, particularly in its latest filing period with significant asset growth and a revenue surplus.
How has Cloud Walk Worldwide Inc's financial health changed over time?
Cloud Walk Worldwide Inc's financial health has shown significant fluctuations but a generally positive trend. Revenue has varied from a low of $308,219 in 201512 to a high of $886,297 in 201812, and $766,888 in 202312. Assets have grown substantially, especially in the most recent periods, from $130,082 in 201512 to $1,949,633 in 202312. The organization has consistently managed to keep expenses below revenue in most years, leading to asset accumulation.
What is the trend in Cloud Walk Worldwide Inc's liabilities?
Cloud Walk Worldwide Inc's liabilities have generally remained low relative to its assets. They have fluctuated, reaching a high of $66,927 in 202012 and a low of $0 in 201412 and 201512. In the most recent filing (202312), liabilities were $4,692, which is a decrease from $7,015 in 202212, indicating good financial management in this area.
Filing History
IRS 990 filing history for Cloud Walk Worldwide Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cloud Walk Worldwide Inc's revenue has grown by 340.4%, moving from $174K to $767K. Total assets increased by 5206.4% over the same period, from $37K to $1.9M. Total functional expenses rose by 167.9%, from $165K to $441K. In its most recent filing year (2023), Cloud Walk Worldwide Inc reported a surplus of $326K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $767K | $441K | $1.9M | $5K | — | — |
| 2022 | $399K | $492K | $1.6M | $7K | — | View 990 |
| 2021 | $476K | $439K | $180K | $62K | — | View 990 |
| 2020 | $396K | $462K | $148K | $67K | — | View 990 |
| 2019 | $424K | $384K | $160K | $12K | — | View 990 |
| 2018 | $886K | $1.1M | $234K | $26K | — | View 990 |
| 2017 | $687K | $456K | $431K | $12K | — | View 990 |
| 2016 | $465K | $399K | $190K | $3K | — | — |
| 2015 | $308K | $315K | $130K | $0 | — | View 990 |
| 2014 | $365K | $267K | $137K | $0 | — | View 990 |
| 2013 | $204K | $210K | $39K | $0 | — | View 990 |
| 2012 | $184K | $176K | $45K | $0 | — | View 990 |
| 2011 | $174K | $165K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $767K, expenses of $441K, and assets of $1.9M (revenue +92.3% year-over-year).
- 2022: Revenue of $399K, expenses of $492K, and assets of $1.6M (revenue -16.2% year-over-year).
- 2021: Revenue of $476K, expenses of $439K, and assets of $180K (revenue +20.2% year-over-year).
- 2020: Revenue of $396K, expenses of $462K, and assets of $148K (revenue -6.7% year-over-year).
- 2019: Revenue of $424K, expenses of $384K, and assets of $160K (revenue -52.2% year-over-year).
- 2018: Revenue of $886K, expenses of $1.1M, and assets of $234K (revenue +29.0% year-over-year).
- 2017: Revenue of $687K, expenses of $456K, and assets of $431K (revenue +47.9% year-over-year).
- 2016: Revenue of $465K, expenses of $399K, and assets of $190K (revenue +50.7% year-over-year).
- 2015: Revenue of $308K, expenses of $315K, and assets of $130K (revenue -15.6% year-over-year).
- 2014: Revenue of $365K, expenses of $267K, and assets of $137K (revenue +78.9% year-over-year).
- 2013: Revenue of $204K, expenses of $210K, and assets of $39K (revenue +11.1% year-over-year).
- 2012: Revenue of $184K, expenses of $176K, and assets of $45K (revenue +5.5% year-over-year).
- 2011: Revenue of $174K, expenses of $165K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cloud Walk Worldwide Inc:
Data Sources and Methodology
This transparency report for Cloud Walk Worldwide 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.