Kevin Walsh Family Foundation
EIN: 357196069 · Naperville, IL · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $634K |
| Net Assets | $5.9M |
Is Kevin Walsh Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kevin Walsh Family Foundation
Kevin Walsh Family Foundation (EIN: 357196069) is a nonprofit organization based in Naperville, IL, classified under NTEE code T20. The organization reported total revenue of $5.1M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kevin Walsh Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kevin Walsh Family Foundation is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -54.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $634K |
| Surplus / Deficit | $-486,093 |
| Total Assets | $10.0M |
| Total Liabilities | $4.1M |
| Net Assets | $5.9M |
| Operating Margin | -328.9% |
| Debt-to-Asset Ratio | 41.1% |
| Months of Reserves | 188.7 months |
Financial Health Grade: B
In 2023, Kevin Walsh Family Foundation reported a deficit of $486K with expenses exceeding revenue, holds 188.7 months of operating reserves (strong position), has a debt-to-asset ratio of 41.1% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Kevin Walsh Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -54.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -94.7% | +27.8% | +56.8% |
| 2022 | -11.8% | +70.4% | +56.8% |
| 2021 | +103.0% | +58.4% | +98.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kevin Walsh Family Foundation 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 Kevin Walsh Family Foundation 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 $486K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.1%.
Frequently Asked Questions about Kevin Walsh Family Foundation
Is Kevin Walsh Family Foundation a legitimate charity?
Kevin Walsh Family Foundation (EIN: 357196069) is a registered tax-exempt nonprofit based in Illinois. It has 4 years of IRS 990 filings on record. Total revenue: $5.1M. No red flags identified. Financial health grade: B.
How does Kevin Walsh Family Foundation spend its money?
Kevin Walsh Family Foundation reported $5.1M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kevin Walsh Family Foundation tax-deductible?
Kevin Walsh Family Foundation is registered as a tax-exempt nonprofit (EIN: 357196069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kevin Walsh Family Foundation located?
Kevin Walsh Family Foundation is headquartered in Naperville, Illinois and files with the IRS under EIN 357196069. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kevin Walsh Family Foundation have?
Kevin Walsh Family Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5.1M in total revenue.
Filing History
IRS 990 filing history for Kevin Walsh Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Kevin Walsh Family Foundation's revenue has declined by 90.5%, moving from $1.6M to $148K. Total assets increased by 386.9% over the same period, from $2.0M to $10.0M. Total functional expenses rose by 245.1%, from $184K to $634K. In its most recent filing year (2023), Kevin Walsh Family Foundation reported a deficit of $486K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $10.0M in assets (debt-to-asset ratio: 41.1%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $634K | $10.0M | $4.1M | — | View 990 |
| 2022 | $2.8M | $496K | $6.4M | $1 | — | View 990 |
| 2021 | $3.2M | $291K | $4.1M | $1 | — | View 990 |
| 2020 | $1.6M | $184K | $2.0M | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $148K, expenses of $634K, and assets of $10.0M (revenue -94.7% year-over-year).
- 2022: Revenue of $2.8M, expenses of $496K, and assets of $6.4M (revenue -11.8% year-over-year).
- 2021: Revenue of $3.2M, expenses of $291K, and assets of $4.1M (revenue +103.0% year-over-year).
- 2020: Revenue of $1.6M, expenses of $184K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kevin Walsh Family Foundation:
Data Sources and Methodology
This transparency report for Kevin Walsh Family 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.