The Alice And Fred Wall Family Foundation
The Alice And Fred Wall Family Foundation maintains strong asset growth and zero officer compensation, indicating high operational efficiency.
EIN: 206768522 · Minneapolis, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $353K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.1M |
| Transparency Score | 92/100 |
Is The Alice And Fred Wall Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Alice And Fred Wall Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Alice And Fred Wall Family Foundation
The Alice And Fred Wall Family Foundation (EIN: 206768522) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T22. The organization reported total revenue of $1.9M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Alice And Fred Wall Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Alice And Fred Wall Family Foundation is a mid-size 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 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $353K |
| Surplus / Deficit | +$68K |
| Total Assets | $5.1M |
| Total Liabilities | $1 |
| Net Assets | $5.1M |
| Operating Margin | 16.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 173.5 months |
Financial Health Grade: A
In 2023, The Alice And Fred Wall Family Foundation reported a surplus of $68K with revenue exceeding expenses, holds 173.5 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), The Alice And Fred Wall Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -141.3% | +25.4% | -17.0% |
| 2021 | +32.4% | -62.5% | +10.4% |
| 2020 | -53.4% | -0.1% | +12.4% |
| 2019 | +2.9% | +25.3% | +31.2% |
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 The Alice And Fred Wall Family Foundation with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Alice And Fred Wall Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly unusual for an organization with assets exceeding $5 million and suggests a volunteer-led or extremely lean operational structure, maximizing funds available for its mission.
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.
Strengths
The following positive indicators were identified for The Alice And Fred Wall Family Foundation:
- Consistent asset growth, from $1.6M in 2011 to over $5.1M in 2023.
- 0% officer compensation reported across all filings, indicating extremely low administrative overhead.
- Healthy financial position with assets significantly exceeding annual expenses.
- Consistent IRS 990 filing history, demonstrating transparency.
- High efficiency in spending, with a very large proportion of funds available for programs due to minimal overhead.
Frequently Asked Questions about The Alice And Fred Wall Family Foundation
Is The Alice And Fred Wall Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Alice And Fred Wall Family Foundation (EIN: 206768522) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does The Alice And Fred Wall Family Foundation spend its money?
The Alice And Fred Wall Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Alice And Fred Wall Family Foundation tax-deductible?
The Alice And Fred Wall Family Foundation is registered as a tax-exempt nonprofit (EIN: 206768522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Alice And Fred Wall Family Foundation CEO make?
The Alice And Fred Wall Family Foundation's highest-compensated officer earns $5 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The Alice And Fred Wall Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Alice And Fred Wall Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Alice And Fred Wall Family Foundation located?
The Alice And Fred Wall Family Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 206768522. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Alice And Fred Wall Family Foundation have?
The Alice And Fred Wall Family 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 $1.9M in total revenue.
Is The Alice And Fred Wall Family Foundation a good charity?
Based on the provided data, The Alice And Fred Wall Family Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, extremely low overhead (0% officer compensation), and a consistent history of IRS 990 filings, indicating transparency and efficient use of funds.
How does the foundation manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the foundation's leadership and potentially all its operational functions are carried out by volunteers, or that any paid staff are not classified as officers and their compensation is minimal and categorized differently. This model significantly reduces administrative costs.
What is the trend in the foundation's assets?
The foundation's assets have shown a consistent upward trend over the past decade, growing from $1,628,786 in 2011 to $5,106,340 in 2023, indicating strong financial management and growth.
Filing History
IRS 990 filing history for The Alice And Fred Wall Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Alice And Fred Wall Family Foundation's revenue has grown by 43.6%, moving from $293K to $421K. Total assets increased by 213.5% over the same period, from $1.6M to $5.1M. Total functional expenses rose by 225.3%, from $109K to $353K. In its most recent filing year (2023), The Alice And Fred Wall Family Foundation reported a surplus of $68K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $421K | $353K | $5.1M | $1 | — | — |
| 2022 | $-109,246 | $118K | $4.4M | $1 | — | View 990 |
| 2021 | $265K | $94K | $5.3M | $1 | — | View 990 |
| 2020 | $200K | $251K | $4.8M | $1 | — | — |
| 2019 | $429K | $252K | $4.3M | $0 | — | View 990 |
| 2015 | $417K | $201K | $3.2M | $0 | — | View 990 |
| 2014 | $962K | $136K | $3.2M | $0 | — | View 990 |
| 2013 | $99K | $160K | $2.1M | $0 | — | View 990 |
| 2012 | $312K | $134K | $1.9M | $0 | — | View 990 |
| 2011 | $293K | $109K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $421K, expenses of $353K, and assets of $5.1M.
- 2022: Revenue of $-109,246, expenses of $118K, and assets of $4.4M (revenue -141.3% year-over-year).
- 2021: Revenue of $265K, expenses of $94K, and assets of $5.3M (revenue +32.4% year-over-year).
- 2020: Revenue of $200K, expenses of $251K, and assets of $4.8M (revenue -53.4% year-over-year).
- 2019: Revenue of $429K, expenses of $252K, and assets of $4.3M (revenue +2.9% year-over-year).
- 2015: Revenue of $417K, expenses of $201K, and assets of $3.2M (revenue -56.7% year-over-year).
- 2014: Revenue of $962K, expenses of $136K, and assets of $3.2M (revenue +871.9% year-over-year).
- 2013: Revenue of $99K, expenses of $160K, and assets of $2.1M (revenue -68.3% year-over-year).
- 2012: Revenue of $312K, expenses of $134K, and assets of $1.9M (revenue +6.5% year-over-year).
- 2011: Revenue of $293K, expenses of $109K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Alice And Fred Wall Family Foundation:
Data Sources and Methodology
This transparency report for The Alice And Fred Wall 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.