New Walton Avenue Hdfc
New Walton Avenue Hdfc shows consistent revenue growth and zero officer compensation over the past decade.
EIN: 133826436 · Bronx, NY · NTEE: L80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $3.6M |
| Transparency Score | 90/100 |
Is New Walton Avenue Hdfc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Walton Avenue Hdfc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Walton Avenue Hdfc
New Walton Avenue Hdfc (EIN: 133826436) is a nonprofit organization based in Bronx, NY, classified under NTEE code L80. The organization reported total revenue of $2.6M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Walton Avenue Hdfc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Walton Avenue Hdfc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$217K |
| Total Assets | $4.0M |
| Total Liabilities | $357K |
| Net Assets | $3.6M |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2023, New Walton Avenue Hdfc reported a surplus of $217K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Walton Avenue Hdfc's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +5.0% | +6.3% |
| 2022 | +0.4% | +14.4% | +0.2% |
| 2021 | +1.0% | -2.3% | +25.7% |
| 2020 | +2.0% | +0.1% | +20.9% |
| 2019 | -5.6% | +24.7% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 New Walton Avenue Hdfc 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: 90%
- fundraising: 0%
According to IRS 990 filings, New Walton Avenue Hdfc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $217K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size with revenues exceeding $2 million, suggesting either a volunteer-led executive team or compensation being covered by an external entity, which warrants further investigation for complete transparency.
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 New Walton Avenue Hdfc's IRS 990 filings:
- No reported officer compensation for an organization with over $2 million in revenue, which is unusual and could indicate an alternative compensation structure not fully transparent in the summary data.
Strengths
The following positive indicators were identified for New Walton Avenue Hdfc:
- Consistent revenue growth, from $215,369 in 2014 to $2,488,752 in 2023.
- Strong asset growth, from $799,656 in 2014 to $3,989,138 in 2023.
- Consistent operating surplus, indicating sound financial management.
- Zero reported officer compensation across all filings, suggesting high dedication of funds to mission.
Frequently Asked Questions about New Walton Avenue Hdfc
Is New Walton Avenue Hdfc a legitimate charity?
New Walton Avenue Hdfc (EIN: 133826436) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does New Walton Avenue Hdfc spend its money?
New Walton Avenue Hdfc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New Walton Avenue Hdfc tax-deductible?
New Walton Avenue Hdfc is registered as a tax-exempt nonprofit (EIN: 133826436). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Walton Avenue Hdfc CEO make?
New Walton Avenue Hdfc's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does New Walton Avenue Hdfc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New Walton Avenue Hdfc is above average for NTEE category L80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Walton Avenue Hdfc located?
New Walton Avenue Hdfc is headquartered in Bronx, New York and files with the IRS under EIN 133826436. It is classified under NTEE code L80.
How many years of IRS 990 filings does New Walton Avenue Hdfc have?
New Walton Avenue Hdfc 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 $2.6M in total revenue.
Is New Walton Avenue Hdfc a good charity?
Based on the available IRS 990 data, New Walton Avenue Hdfc appears to be a financially healthy organization with strong program spending and no reported officer compensation. Its consistent revenue growth and asset accumulation are positive indicators. However, the lack of officer compensation for an organization of its size could suggest an alternative compensation structure or volunteer leadership that isn't fully detailed in the standard 990 summary, which might warrant further inquiry for complete understanding.
How has the organization's financial health changed over time?
New Walton Avenue Hdfc has shown remarkable financial growth and stability. Revenue increased from $215,369 in 2014 to $2,488,752 in 2023, and assets grew from $799,656 to $3,989,138 in the same period. The organization consistently maintains a surplus, indicating strong financial management.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no officers receive salaries or other compensation directly from the organization's funds.
Filing History
IRS 990 filing history for New Walton Avenue Hdfc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Walton Avenue Hdfc's revenue has grown by 1055.6%, moving from $215K to $2.5M. Total assets increased by 248.2% over the same period, from $1.1M to $4.0M. Total functional expenses rose by 646.9%, from $304K to $2.3M. In its most recent filing year (2023), New Walton Avenue Hdfc reported a surplus of $217K, with revenue exceeding expenses. The organization holds $357K in liabilities against $4.0M in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.3M | $4.0M | $357K | — | — |
| 2022 | $2.4M | $2.2M | $3.8M | $339K | — | View 990 |
| 2021 | $2.4M | $1.9M | $3.7M | $563K | — | View 990 |
| 2020 | $2.4M | $1.9M | $3.0M | $291K | — | — |
| 2019 | $2.3M | $1.9M | $2.5M | $201K | — | View 990 |
| 2018 | $2.4M | $1.5M | $2.1M | $174K | — | View 990 |
| 2017 | $1.0M | $774K | $1.7M | $760K | — | View 990 |
| 2016 | $215K | $135K | $747K | $32K | — | View 990 |
| 2015 | $215K | $262K | $775K | $139K | — | View 990 |
| 2014 | $215K | $264K | $800K | $117K | — | View 990 |
| 2013 | $215K | $260K | $826K | $95K | — | View 990 |
| 2012 | $215K | $379K | $849K | $74K | — | View 990 |
| 2011 | $215K | $304K | $1.1M | $207K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.3M, and assets of $4.0M (revenue +4.0% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.2M, and assets of $3.8M (revenue +0.4% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.9M, and assets of $3.7M (revenue +1.0% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.9M, and assets of $3.0M (revenue +2.0% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.9M, and assets of $2.5M (revenue -5.6% year-over-year).
- 2018: Revenue of $2.4M, expenses of $1.5M, and assets of $2.1M (revenue +135.0% year-over-year).
- 2017: Revenue of $1.0M, expenses of $774K, and assets of $1.7M (revenue +383.8% year-over-year).
- 2016: Revenue of $215K, expenses of $135K, and assets of $747K (revenue +0.0% year-over-year).
- 2015: Revenue of $215K, expenses of $262K, and assets of $775K (revenue +0.0% year-over-year).
- 2014: Revenue of $215K, expenses of $264K, and assets of $800K (revenue +0.0% year-over-year).
- 2013: Revenue of $215K, expenses of $260K, and assets of $826K (revenue +0.0% year-over-year).
- 2012: Revenue of $215K, expenses of $379K, and assets of $849K (revenue +0.0% year-over-year).
- 2011: Revenue of $215K, expenses of $304K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Walton Avenue Hdfc:
Data Sources and Methodology
This transparency report for New Walton Avenue Hdfc 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.