Shepherds Walk Foundation Inc
Shepherds Walk Foundation Inc shows highly volatile revenue and consistent deficit spending, drawing down assets over time.
EIN: 10548602 · Salt Lake Cty, UT · NTEE: A51 · Updated: 2026-03-28
Is Shepherds Walk Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shepherds Walk Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Shepherds Walk Foundation Inc
Shepherds Walk Foundation Inc (EIN: 10548602) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code A51. The organization reported total revenue of $478K and total assets of $624K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shepherds Walk Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shepherds Walk Foundation Inc with a Mission Score of 55 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Shepherds Walk Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with significant assets and expenses.
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 Shepherds Walk Foundation Inc's IRS 990 filings:
- Highly volatile revenue streams, making financial planning difficult.
- Consistent deficit spending, with expenses frequently exceeding revenue, leading to asset depletion.
- Significant decrease in assets from a peak of $1,203,258 in 2013 to $668,254 in 2023.
- Lack of detailed expense categorization in the provided summary data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for Shepherds Walk Foundation Inc:
- Consistently low liabilities, often $0 or $1, indicating minimal debt.
- Zero reported officer compensation across all filings, suggesting volunteer leadership or external funding for executive roles.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance and basic transparency.
Frequently Asked Questions about Shepherds Walk Foundation Inc
Is Shepherds Walk Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shepherds Walk Foundation Inc (EIN: 10548602) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Shepherds Walk Foundation Inc spend its money?
Shepherds Walk Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shepherds Walk Foundation Inc tax-deductible?
Shepherds Walk Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10548602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the detailed breakdown of expenses (program, admin, fundraising) for recent years?
The provided data does not offer a detailed breakdown of expenses, making it difficult to assess the proportion of funds directly allocated to programs versus overhead.
How does the organization sustain operations with consistent deficit spending?
The organization appears to sustain operations by drawing down its assets, as expenses frequently exceed revenue. For example, in 2020, expenses were $198,845 while revenue was only $28,742, leading to a significant asset reduction.
What caused the significant fluctuations in revenue, particularly the negative revenue in 2011 and the high revenue in 2013?
The provided data does not specify the reasons for these extreme revenue fluctuations, which include a negative revenue of $-132,194 in 2011 and a peak of $678,173 in 2013. Further investigation into the nature of these income streams would be necessary.
Filing History
IRS 990 filing history for Shepherds Walk Foundation Inc showing financial trends over 10 years of public records:
Total assets decreased by 3.4% over the same period, from $692K to $668K. Total functional expenses fell by 71.4%, from $114K to $33K. In its most recent filing year (2023), Shepherds Walk Foundation Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $668K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $668K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $33K | $668K | $1 | — | View 990 |
| 2022 | $149K | $64K | $738K | $1 | — | View 990 |
| 2021 | $33K | $66K | $654K | $1 | — | — |
| 2020 | $29K | $199K | $687K | $1 | — | View 990 |
| 2019 | $11K | $96K | $962K | $0 | — | View 990 |
| 2015 | $29K | $41K | $1.1M | $0 | — | View 990 |
| 2014 | $33K | $76K | $1.2M | $0 | — | View 990 |
| 2013 | $678K | $90K | $1.2M | $0 | — | View 990 |
| 2012 | $14K | $90K | $615K | $0 | — | View 990 |
| 2011 | $-132,194 | $114K | $692K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $33K, and assets of $668K (revenue -95.2% year-over-year).
- 2022: Revenue of $149K, expenses of $64K, and assets of $738K (revenue +356.6% year-over-year).
- 2021: Revenue of $33K, expenses of $66K, and assets of $654K (revenue +13.3% year-over-year).
- 2020: Revenue of $29K, expenses of $199K, and assets of $687K (revenue +168.6% year-over-year).
- 2019: Revenue of $11K, expenses of $96K, and assets of $962K (revenue -63.2% year-over-year).
- 2015: Revenue of $29K, expenses of $41K, and assets of $1.1M (revenue -12.5% year-over-year).
- 2014: Revenue of $33K, expenses of $76K, and assets of $1.2M (revenue -95.1% year-over-year).
- 2013: Revenue of $678K, expenses of $90K, and assets of $1.2M (revenue +4882.2% year-over-year).
- 2012: Revenue of $14K, expenses of $90K, and assets of $615K.
- 2011: Revenue of $-132,194, expenses of $114K, and assets of $692K.
Data Sources and Methodology
This transparency report for Shepherds Walk Foundation 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.