Walk The Walk Foundation Inc
Walk The Walk Foundation Inc consistently reports zero officer compensation and no liabilities in recent years, demonstrating strong financial management.
EIN: 203179040 · Annapolis, MD · NTEE: P58 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $102K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $351,110, |
| Net Assets | $118K |
| Transparency Score | 92/100 |
Is Walk The Walk Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walk The Walk Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walk The Walk Foundation Inc
Walk The Walk Foundation Inc (EIN: 203179040) is a nonprofit organization based in Annapolis, MD, classified under NTEE code P58. The organization reported total revenue of $351K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walk The Walk Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walk The Walk Foundation Inc is a small nonprofit that has been operating for 3 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $102K |
| Surplus / Deficit | +$45K |
| Total Assets | $118K |
| Net Assets | $118K |
| Operating Margin | 30.4% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, Walk The Walk Foundation Inc reported a surplus of $45K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2023), Walk The Walk Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.1% | -39.3% | +60.6% |
| 2023 | +59.7% | +32.1% | +31.9% |
| 2022 | +89.5% | +105.0% | -16.3% |
| 2021 | -30.7% | +33.5% | -0.9% |
| 2020 | +27.8% | -83.9% | -82.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 The Walk Foundation Inc 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 The Walk Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly commendable for an organization of its size, with latest revenue at $351,110, as it maximizes the proportion of 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 Walk The Walk Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Zero liabilities reported in the last five consecutive filings (202006-202312), demonstrating strong financial management and stability.
- Positive asset growth in recent periods, from $55,854 in 202206 to $118,340 in 202312, indicating financial health.
- Revenue generally exceeding or closely matching expenses in recent years, contributing to sustainable operations.
- Strong program focus implied by the lack of executive compensation, suggesting a high proportion of funds are directed to charitable activities.
Frequently Asked Questions about Walk The Walk Foundation Inc
Is Walk The Walk Foundation Inc a legitimate charity?
Walk The Walk Foundation Inc (EIN: 203179040) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $351K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Walk The Walk Foundation Inc spend its money?
Walk The Walk Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Walk The Walk Foundation Inc tax-deductible?
Walk The Walk Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203179040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Walk The Walk Foundation Inc CEO make?
Walk The Walk Foundation Inc's highest-compensated officer earns $351,110, annually. The organization reported $351K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Walk The Walk Foundation Inc's spending goes to programs?
Walk The Walk Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Walk The Walk Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Walk The Walk Foundation Inc is above average for NTEE category P58 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Walk The Walk Foundation Inc located?
Walk The Walk Foundation Inc is headquartered in Annapolis, Maryland and files with the IRS under EIN 203179040. It is classified under NTEE code P58.
How many years of IRS 990 filings does Walk The Walk Foundation Inc have?
Walk The Walk Foundation Inc 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 $351K in total revenue.
Is Walk The Walk Foundation Inc a good charity?
Based on the provided financial data, Walk The Walk Foundation Inc appears to be a very good charity. It consistently reports 0% officer compensation, has maintained zero liabilities in recent years, and has shown asset growth, indicating strong financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly in recent years. While earlier filings (e.g., 2011-2015) showed periods of high expenses relative to revenue and some liabilities, the most recent filings (2020-2023) consistently show revenue exceeding expenses or being closely matched, leading to asset growth and zero liabilities.
What is the trend in the organization's assets and liabilities?
Assets have shown a positive trend in recent periods, growing from $55,854 in 202206 to $118,340 in 202312. Liabilities have consistently been reported as $0 in the last five filings (202006-202312), indicating excellent financial stability and no outstanding debt.
Filing History
IRS 990 filing history for Walk The Walk Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Walk The Walk Foundation Inc's revenue has grown by 811.8%, moving from $16K to $147K. Total assets decreased by 81% over the same period, from $623K to $118K. Total functional expenses fell by 74.3%, from $398K to $102K. In its most recent filing year (2023), Walk The Walk Foundation Inc reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $102K | $118K | $0 | — | — |
| 2023 | $186K | $168K | $74K | $0 | — | View 990 |
| 2022 | $117K | $128K | $56K | $0 | — | View 990 |
| 2021 | $62K | $62K | $67K | $1 | — | View 990 |
| 2020 | $89K | $47K | $67K | $0 | — | — |
| 2015 | $70K | $290K | $390K | $3K | — | View 990 |
| 2014 | $241K | $179K | $628K | $150 | — | View 990 |
| 2013 | $47K | $293K | $567K | $165 | — | View 990 |
| 2012 | $285K | $89K | $812K | $1 | — | View 990 |
| 2011 | $16K | $398K | $623K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $102K, and assets of $118K (revenue -21.1% year-over-year).
- 2023: Revenue of $186K, expenses of $168K, and assets of $74K (revenue +59.7% year-over-year).
- 2022: Revenue of $117K, expenses of $128K, and assets of $56K (revenue +89.5% year-over-year).
- 2021: Revenue of $62K, expenses of $62K, and assets of $67K (revenue -30.7% year-over-year).
- 2020: Revenue of $89K, expenses of $47K, and assets of $67K (revenue +27.8% year-over-year).
- 2015: Revenue of $70K, expenses of $290K, and assets of $390K (revenue -71.1% year-over-year).
- 2014: Revenue of $241K, expenses of $179K, and assets of $628K (revenue +409.5% year-over-year).
- 2013: Revenue of $47K, expenses of $293K, and assets of $567K (revenue -83.4% year-over-year).
- 2012: Revenue of $285K, expenses of $89K, and assets of $812K (revenue +1665.9% year-over-year).
- 2011: Revenue of $16K, expenses of $398K, and assets of $623K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walk The Walk Foundation Inc:
Data Sources and Methodology
This transparency report for Walk The 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.