Darrick And Julia Walker Open Hands Foundation
Darrick And Julia Walker Open Hands Foundation shows extreme revenue volatility and significant asset decline over recent years.
EIN: 203972808 · Wilson, WY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56 |
| Total Expenses | $8K |
| Program Spending | 80% |
| Net Assets | $410K |
| Transparency Score | 45/100 |
Is Darrick And Julia Walker Open Hands Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Darrick And Julia Walker Open Hands Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Darrick And Julia Walker Open Hands Foundation
Darrick And Julia Walker Open Hands Foundation (EIN: 203972808) is a nonprofit organization based in Wilson, WY, classified under NTEE code T22. The organization reported total revenue of $56 and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Darrick And Julia Walker Open Hands Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Darrick And Julia Walker Open Hands Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $8K |
| Surplus / Deficit | +$2K |
| Total Assets | $410K |
| Total Liabilities | $1 |
| Net Assets | $410K |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 605.9 months |
Financial Health Grade: A
In 2023, Darrick And Julia Walker Open Hands Foundation reported a surplus of $2K with revenue exceeding expenses, holds 605.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Darrick And Julia Walker Open Hands Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5999.4% | +509.5% | -44.2% |
| 2020 | -534.3% | -13.6% | -52.8% |
| 2019 | +358.6% | +261.7% | +28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Darrick And Julia Walker Open Hands Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Darrick And Julia Walker Open Hands Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is a positive sign for donor trust.
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 Darrick And Julia Walker Open Hands Foundation's IRS 990 filings:
- Extreme revenue volatility, including significant negative revenue in multiple years (e.g., $-300,572 in 2022, $-694,998 in 2020).
- Substantial decline in assets from $1,546,663 in 2019 to $409,653 in 2023, indicating potential financial instability.
- Latest reported revenue of $56 is extremely low, raising concerns about current operational capacity.
Strengths
The following positive indicators were identified for Darrick And Julia Walker Open Hands Foundation:
- Consistent reporting of 0% officer compensation, indicating no private inurement.
- Minimal liabilities reported across all filings ($0 or $1), suggesting good debt management.
Frequently Asked Questions about Darrick And Julia Walker Open Hands Foundation
Is Darrick And Julia Walker Open Hands Foundation a legitimate charity?
Darrick And Julia Walker Open Hands Foundation (EIN: 203972808) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $56. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Darrick And Julia Walker Open Hands Foundation spend its money?
Darrick And Julia Walker Open Hands Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Darrick And Julia Walker Open Hands Foundation tax-deductible?
Darrick And Julia Walker Open Hands Foundation is registered as a tax-exempt nonprofit (EIN: 203972808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Darrick And Julia Walker Open Hands Foundation's spending goes to programs?
Darrick And Julia Walker Open Hands Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Darrick And Julia Walker Open Hands Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Darrick And Julia Walker Open Hands Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Darrick And Julia Walker Open Hands Foundation located?
Darrick And Julia Walker Open Hands Foundation is headquartered in Wilson, Wyoming and files with the IRS under EIN 203972808. It is classified under NTEE code T22.
How many years of IRS 990 filings does Darrick And Julia Walker Open Hands Foundation have?
Darrick And Julia Walker Open Hands Foundation has 10 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 $56 in total revenue.
Why has the organization experienced such significant negative revenue in recent years?
The filings show negative revenue of $-300,572 in 2022 and $-694,998 in 2020. This could be due to investment losses, significant returns of contributions, or other non-operating losses that are not detailed in the summary data.
What caused the substantial decrease in assets from $1,546,663 in 2019 to $409,653 in 2023?
The asset decline of over $1 million in four years is significant. This could be linked to the negative revenue periods, substantial program spending not covered by incoming revenue, or divestment of assets, but the specific reasons are not clear from the provided data.
How does the organization sustain operations with such volatile revenue and declining assets?
Given the extreme fluctuations and periods of negative revenue, the organization's ability to consistently fund its mission is questionable. It likely relies heavily on its existing asset base, which has been significantly depleted.
Filing History
IRS 990 filing history for Darrick And Julia Walker Open Hands Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Darrick And Julia Walker Open Hands Foundation's revenue has grown by 46.6%, moving from $7K to $10K. Total assets increased by 18.8% over the same period, from $345K to $410K. Total functional expenses fell by 59.1%, from $20K to $8K. In its most recent filing year (2023), Darrick And Julia Walker Open Hands Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $410K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $410K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $8K | $410K | $1 | — | — |
| 2022 | $-300,572 | $23K | $408K | $1 | — | View 990 |
| 2021 | $5K | $4K | $731K | $1 | — | — |
| 2020 | $-694,998 | $122K | $730K | $1 | — | — |
| 2019 | $160K | $141K | $1.5M | $1 | — | View 990 |
| 2015 | $35K | $39K | $1.2M | $1 | — | View 990 |
| 2014 | $32K | $29K | $1.2M | $0 | — | View 990 |
| 2013 | $22K | $33K | $1.2M | $0 | — | View 990 |
| 2012 | $966K | $92K | $1.2M | $0 | — | View 990 |
| 2011 | $7K | $20K | $345K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $8K, and assets of $410K.
- 2022: Revenue of $-300,572, expenses of $23K, and assets of $408K (revenue -5999.4% year-over-year).
- 2021: Revenue of $5K, expenses of $4K, and assets of $731K.
- 2020: Revenue of $-694,998, expenses of $122K, and assets of $730K (revenue -534.3% year-over-year).
- 2019: Revenue of $160K, expenses of $141K, and assets of $1.5M (revenue +358.6% year-over-year).
- 2015: Revenue of $35K, expenses of $39K, and assets of $1.2M (revenue +10.8% year-over-year).
- 2014: Revenue of $32K, expenses of $29K, and assets of $1.2M (revenue +40.0% year-over-year).
- 2013: Revenue of $22K, expenses of $33K, and assets of $1.2M (revenue -97.7% year-over-year).
- 2012: Revenue of $966K, expenses of $92K, and assets of $1.2M (revenue +14037.7% year-over-year).
- 2011: Revenue of $7K, expenses of $20K, and assets of $345K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Darrick And Julia Walker Open Hands Foundation:
Data Sources and Methodology
This transparency report for Darrick And Julia Walker Open Hands Foundation 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.