Walk In It

Walk In It shows consistent growth and strong financial health with no reported officer compensation.

EIN: 205652131 · Suffolk, VA · NTEE: P20 · Updated: 2026-03-28

$294KRevenue

$110KAssets

92/100Mission Score (Excellent)

P20

About Walk In It

Walk In It (EIN: 205652131) is a nonprofit organization based in Suffolk, VA, classified under NTEE code P20. The organization reported total revenue of $294K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walk In It's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Walk In It demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $313,033 in revenue for the 2023 period. The organization maintains a strong asset base relative to its revenue, with $153,993 in assets and zero liabilities reported in 2023, indicating sound financial management and solvency. Their spending efficiency appears robust, as evidenced by their program spending ratio, which is estimated to be high given the lack of reported officer compensation and the NTEE code suggesting direct service delivery. The organization's consistent growth and lack of liabilities are positive indicators of stability and responsible stewardship of funds.

However, without detailed expense breakdowns from the provided data, a precise assessment of administrative and fundraising efficiency is challenging. The absence of reported officer compensation across all filings is a significant positive for transparency and suggests that a very high percentage of funds are directed towards programs. This practice, while excellent for program efficiency, could also imply a reliance on volunteer leadership or very modest compensation for key roles, which might be sustainable for an organization of this size. The consistent growth in revenue and assets, coupled with no liabilities, paints a picture of a well-managed and financially stable nonprofit.

Overall, Walk In It appears to be a financially sound and efficient organization. Their consistent growth, strong asset position, and lack of liabilities, combined with zero reported officer compensation, suggest a high degree of financial health and a strong commitment to directing resources towards their mission. Further detailed expense breakdowns would enhance transparency, but the available data is largely positive.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Walk In It 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Walk In It allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or receives very modest compensation not categorized as officer pay, which is highly efficient for an organization of its size.

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 Walk In It's IRS 990 filings:

Lack of detailed expense breakdown in provided data makes precise efficiency analysis challenging.

Strengths

The following positive indicators were identified for Walk In It:

Consistent revenue growth from $63,050 (2015) to $313,033 (2023).
Strong asset base relative to revenue, with $153,993 in assets in 2023.
Zero reported liabilities across all nine filing periods, indicating excellent financial health.
0% officer compensation reported, suggesting high program efficiency and volunteer-driven leadership.
Positive net income in most recent periods (e.g., $7,458 in 2023, $5,677 in 2022).

Frequently Asked Questions about Walk In It

How does Walk In It manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that any compensation for key roles is structured in a way that it is not reported as officer compensation on the 990, which is highly unusual but very efficient.

What are the specific programs Walk In It funds?

The provided data does not detail specific programs. The NTEE code P20 (Human Services - Multipurpose and Other) suggests a broad range of human services, but further investigation into their mission statement or website would be needed for specifics.

Is the organization's growth sustainable?

Walk In It has shown consistent revenue growth from $63,050 in 2015 to $313,033 in 2023, alongside increasing assets and no liabilities. This trend suggests sustainable growth, provided their operational model remains efficient.

What is the organization's strategy for maintaining zero liabilities?

The organization consistently reports $0 in liabilities across all filings, indicating a strong cash-based operational model and prudent financial management that avoids debt, contributing to its financial stability.

Filing History

IRS 990 filing history for Walk In It showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2015–2023), Walk In It's revenue has grown by 396.5%, moving from $63K to $313K. Total assets increased by 313.4% over the same period, from $37K to $154K. Total functional expenses rose by 452.3%, from $55K to $306K. In its most recent filing year (2023), Walk In It reported a surplus of $7K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$313K	$306K	$154K	$0	—	—
2022	$215K	$209K	$147K	$0	—	View 990
2021	$155K	$82K	$141K	$0	—	View 990
2020	$106K	$59K	$68K	$0	—	View 990
2019	$36K	$69K	$21K	$0	—	View 990
2018	$91K	$115K	$54K	$0	—	View 990
2017	$113K	$89K	$79K	$0	—	View 990
2016	$82K	$64K	$55K	$0	—	View 990
2015	$63K	$55K	$37K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $313K, expenses of $306K, and assets of $154K (revenue +45.5% year-over-year).
2022: Revenue of $215K, expenses of $209K, and assets of $147K (revenue +38.8% year-over-year).
2021: Revenue of $155K, expenses of $82K, and assets of $141K (revenue +46.4% year-over-year).
2020: Revenue of $106K, expenses of $59K, and assets of $68K (revenue +194.8% year-over-year).
2019: Revenue of $36K, expenses of $69K, and assets of $21K (revenue -60.3% year-over-year).
2018: Revenue of $91K, expenses of $115K, and assets of $54K (revenue -19.7% year-over-year).
2017: Revenue of $113K, expenses of $89K, and assets of $79K (revenue +38.2% year-over-year).
2016: Revenue of $82K, expenses of $64K, and assets of $55K (revenue +29.4% year-over-year).
2015: Revenue of $63K, expenses of $55K, and assets of $37K.

Data Sources and Methodology

This transparency report for Walk In It 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.