Walk On
Walk On maintains consistent operations with zero reported officer compensation and growing assets.
EIN: 203115678 · Barrington, IL · NTEE: E50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $506K |
| Total Expenses | $454K |
| Program Spending | 85% |
| Net Assets | $130K |
| Transparency Score | 85/100 |
Is Walk On Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walk On directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walk On
Walk On (EIN: 203115678) is a nonprofit organization based in Barrington, IL, classified under NTEE code E50. The organization reported total revenue of $506K and total assets of $310K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walk On's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walk On is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $454K |
| Surplus / Deficit | $-19,234 |
| Total Assets | $198K |
| Total Liabilities | $68K |
| Net Assets | $130K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 34.3% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Walk On reported a deficit of $19K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 34.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Walk On's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.1% | +12.2% | -24.0% |
| 2022 | +4.7% | -0.1% | +74.0% |
| 2021 | -23.0% | -15.0% | -5.7% |
| 2020 | +26.8% | +17.3% | +31.3% |
| 2019 | +8.8% | +4.0% | -0.3% |
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 Walk On with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Walk On allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.3%.
Executive Compensation Analysis
Walk On consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to 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.
Red Flags
The following concerns were identified during AI analysis of Walk On's IRS 990 filings:
- Expenses occasionally exceed revenue (e.g., 2023, 2021, 2019, 2018, 2016), indicating tight operating margins in some years.
- Fluctuating liabilities, with a significant increase in 2022, could indicate varying financial obligations.
Strengths
The following positive indicators were identified for Walk On:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Steady growth in assets from $50,291 in 2014 to $310,443 in the latest period, demonstrating financial stability.
- Long history of 13 IRS 990 filings, indicating sustained operations and compliance.
- Maintained operations with revenues generally between $300,000 and $500,000 over a decade.
Frequently Asked Questions about Walk On
Is Walk On a legitimate charity?
Based on AI analysis of IRS 990 filings, Walk On (EIN: 203115678) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Walk On spend its money?
Walk On directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walk On tax-deductible?
Walk On is registered as a tax-exempt nonprofit (EIN: 203115678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Walk On's spending goes to programs?
Walk On directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Walk On compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Walk On is above average for NTEE category E50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Walk On located?
Walk On is headquartered in Barrington, Illinois and files with the IRS under EIN 203115678. It is classified under NTEE code E50.
How many years of IRS 990 filings does Walk On have?
Walk On 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 $506K in total revenue.
Is Walk On a good charity?
Based on the provided data, Walk On appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission, and has shown consistent operations and asset growth over time.
How has Walk On's financial health changed over time?
Walk On's financial health has generally improved, with assets growing from $50,291 in 2014 to $310,443 in the latest period. While revenues and expenses have fluctuated, the organization has maintained operations and built its asset base.
What is the trend in Walk On's liabilities?
Walk On's liabilities have fluctuated, with a notable increase to $107,473 in 2022, followed by a decrease to $68,092 in 2023. This trend warrants further investigation into the nature of these liabilities.
Filing History
IRS 990 filing history for Walk On showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Walk On's revenue has grown by 28.9%, moving from $337K to $435K. Total assets increased by 140.3% over the same period, from $83K to $198K. Total functional expenses rose by 50.1%, from $303K to $454K. In its most recent filing year (2023), Walk On reported a deficit of $19K, with expenses exceeding revenue. The organization holds $68K in liabilities against $198K in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $130K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $454K | $198K | $68K | — | — |
| 2022 | $414K | $405K | $261K | $107K | — | View 990 |
| 2021 | $395K | $405K | $150K | $9K | — | View 990 |
| 2020 | $513K | $477K | $159K | $9K | — | View 990 |
| 2019 | $405K | $406K | $121K | $11K | — | View 990 |
| 2018 | $372K | $390K | $121K | $16K | — | View 990 |
| 2017 | $420K | $350K | $137K | $11K | — | View 990 |
| 2016 | $306K | $327K | $68K | $11K | — | View 990 |
| 2015 | $344K | $313K | $84K | $7K | — | View 990 |
| 2014 | $316K | $301K | $50K | $4K | — | View 990 |
| 2013 | $290K | $297K | $36K | $5K | — | View 990 |
| 2012 | $250K | $292K | $58K | $21K | — | View 990 |
| 2011 | $337K | $303K | $83K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $454K, and assets of $198K (revenue +5.1% year-over-year).
- 2022: Revenue of $414K, expenses of $405K, and assets of $261K (revenue +4.7% year-over-year).
- 2021: Revenue of $395K, expenses of $405K, and assets of $150K (revenue -23.0% year-over-year).
- 2020: Revenue of $513K, expenses of $477K, and assets of $159K (revenue +26.8% year-over-year).
- 2019: Revenue of $405K, expenses of $406K, and assets of $121K (revenue +8.8% year-over-year).
- 2018: Revenue of $372K, expenses of $390K, and assets of $121K (revenue -11.3% year-over-year).
- 2017: Revenue of $420K, expenses of $350K, and assets of $137K (revenue +37.0% year-over-year).
- 2016: Revenue of $306K, expenses of $327K, and assets of $68K (revenue -10.9% year-over-year).
- 2015: Revenue of $344K, expenses of $313K, and assets of $84K (revenue +8.8% year-over-year).
- 2014: Revenue of $316K, expenses of $301K, and assets of $50K (revenue +8.8% year-over-year).
- 2013: Revenue of $290K, expenses of $297K, and assets of $36K (revenue +16.0% year-over-year).
- 2012: Revenue of $250K, expenses of $292K, and assets of $58K (revenue -25.8% year-over-year).
- 2011: Revenue of $337K, expenses of $303K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walk On:
Data Sources and Methodology
This transparency report for Walk On 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.