Peter J Walsh Foundation Co
EIN: 311063091 · Wheeling, WV
| Metric | Value |
|---|---|
| Total Revenue | $231K |
| Total Expenses | $45K |
| Net Assets | $804K |
Is Peter J Walsh Foundation Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Peter J Walsh Foundation Co
Peter J Walsh Foundation Co (EIN: 311063091) is a nonprofit organization based in Wheeling, WV. The organization reported total revenue of $231K and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter J Walsh Foundation Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peter J Walsh Foundation Co is a small nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $45K |
| Surplus / Deficit | $-10,288 |
| Total Assets | $804K |
| Total Liabilities | $1 |
| Net Assets | $804K |
| Operating Margin | -29.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 213.3 months |
Financial Health Grade: B
In 2023, Peter J Walsh Foundation Co reported a deficit of $10K with expenses exceeding revenue, holds 213.3 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), Peter J Walsh Foundation Co's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.0% | -3.5% | -1.3% |
| 2022 | -51.4% | +1.5% | +0.3% |
| 2021 | +36.2% | +1.6% | +7.3% |
| 2020 | +35.5% | -1.2% | +4.0% |
| 2019 | +41.7% | -6.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Peter J Walsh Foundation Co 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 Peter J Walsh Foundation Co 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Peter J Walsh Foundation Co
Is Peter J Walsh Foundation Co a legitimate charity?
Peter J Walsh Foundation Co (EIN: 311063091) is a registered tax-exempt nonprofit based in West Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $231K. No red flags identified. Financial health grade: B.
How does Peter J Walsh Foundation Co spend its money?
Peter J Walsh Foundation Co reported $231K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Peter J Walsh Foundation Co tax-deductible?
Peter J Walsh Foundation Co is registered as a tax-exempt nonprofit (EIN: 311063091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Peter J Walsh Foundation Co located?
Peter J Walsh Foundation Co is headquartered in Wheeling, West Virginia and files with the IRS under EIN 311063091.
How many years of IRS 990 filings does Peter J Walsh Foundation Co have?
Peter J Walsh Foundation Co 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 $231K in total revenue.
Filing History
IRS 990 filing history for Peter J Walsh Foundation Co showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Peter J Walsh Foundation Co's revenue has declined by 18.1%, moving from $43K to $35K. Total assets increased by 10.3% over the same period, from $729K to $804K. Total functional expenses rose by 1.1%, from $45K to $45K. In its most recent filing year (2023), Peter J Walsh Foundation Co reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $804K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $804K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $45K | $804K | $1 | — | — |
| 2022 | $49K | $47K | $814K | $1 | — | — |
| 2021 | $101K | $46K | $811K | $1 | — | — |
| 2020 | $74K | $45K | $756K | $1 | — | — |
| 2019 | $55K | $46K | $727K | $1 | — | View 990 |
| 2015 | $39K | $49K | $708K | $1 | — | View 990 |
| 2014 | $50K | $49K | $718K | $1 | — | View 990 |
| 2013 | $48K | $44K | $717K | $1 | — | View 990 |
| 2012 | $28K | $44K | $713K | $1 | — | View 990 |
| 2011 | $43K | $45K | $729K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $45K, and assets of $804K (revenue -29.0% year-over-year).
- 2022: Revenue of $49K, expenses of $47K, and assets of $814K (revenue -51.4% year-over-year).
- 2021: Revenue of $101K, expenses of $46K, and assets of $811K (revenue +36.2% year-over-year).
- 2020: Revenue of $74K, expenses of $45K, and assets of $756K (revenue +35.5% year-over-year).
- 2019: Revenue of $55K, expenses of $46K, and assets of $727K (revenue +41.7% year-over-year).
- 2015: Revenue of $39K, expenses of $49K, and assets of $708K (revenue -22.5% year-over-year).
- 2014: Revenue of $50K, expenses of $49K, and assets of $718K (revenue +4.4% year-over-year).
- 2013: Revenue of $48K, expenses of $44K, and assets of $717K (revenue +71.8% year-over-year).
- 2012: Revenue of $28K, expenses of $44K, and assets of $713K (revenue -34.7% year-over-year).
- 2011: Revenue of $43K, expenses of $45K, and assets of $729K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peter J Walsh Foundation Co:
Data Sources and Methodology
This transparency report for Peter J Walsh Foundation Co 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.