Walker Area Association Of Realtors
Walker Area Association Of Realtors shows consistent revenue growth and strong asset accumulation with minimal liabilities.
EIN: 10797906 · Jasper, AL · NTEE: S46 · Updated: 2026-03-27
Is Walker Area Association Of Realtors Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walker Area Association Of Realtors directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walker Area Association Of Realtors
Walker Area Association Of Realtors (EIN: 10797906) is a nonprofit organization based in Jasper, AL, classified under NTEE code S46. The organization reported total revenue of $254K and total assets of $433K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walker Area Association Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walker Area Association Of Realtors is a small nonprofit that has been operating for 9 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $322K |
| Total Expenses | $233K |
| Surplus / Deficit | +$89K |
| Total Assets | $375K |
| Total Liabilities | $1K |
| Net Assets | $374K |
| Operating Margin | 27.6% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 19.3 months |
Financial Health Grade: A
In 2023, Walker Area Association Of Realtors reported a surplus of $89K with revenue exceeding expenses, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 16 years of filings (2008–2023), Walker Area Association Of Realtors's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | -14.5% | +31.0% |
| 2022 | +1.6% | +17.7% | +6.2% |
| 2021 | +23.0% | +14.8% | +24.4% |
| 2020 | +5.7% | -7.2% | +16.0% |
| 2019 | -6.2% | +13.2% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2017 |
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 Walker Area Association Of Realtors 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Walker Area Association Of Realtors allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating that its executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the IRS Form 990, which is unusual for an organization of its size and revenue.
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 Walker Area Association Of Realtors's IRS 990 filings:
- Consistent 0% officer compensation reported, which may warrant further inquiry into executive leadership structure and compensation practices if any.
Strengths
The following positive indicators were identified for Walker Area Association Of Realtors:
- Consistent revenue growth, increasing from $122,564 in 2014 to $322,308 in 2023.
- Strong asset accumulation, growing from $101,561 in 2014 to $375,356 in 2023.
- Very low liabilities, consistently under $2,000, indicating minimal debt burden.
- Expenses consistently below revenue, allowing for healthy asset growth and financial stability.
- Positive net assets and strong financial reserves.
Frequently Asked Questions about Walker Area Association Of Realtors
Is Walker Area Association Of Realtors a legitimate charity?
Based on AI analysis of IRS 990 filings, Walker Area Association Of Realtors (EIN: 10797906) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Walker Area Association Of Realtors spend its money?
Walker Area Association Of Realtors directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walker Area Association Of Realtors tax-deductible?
Walker Area Association Of Realtors is registered as a tax-exempt nonprofit (EIN: 10797906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Walker Area Association Of Realtors a good charity?
Based on its financial health, consistent revenue growth, low liabilities, and strong asset accumulation, the organization appears to be well-managed financially. The absence of reported officer compensation is notable and could be seen as a positive for resource allocation, assuming effective leadership is in place.
How does the organization manage its executive leadership without reported compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or compensation is structured in a way that it's not reported in this specific line item on the 990. Further investigation into their operational structure would be needed to fully understand this.
What is the trend in the organization's financial stability?
The organization demonstrates a strong upward trend in financial stability. Revenue has grown from $122,564 in 2014 to $322,308 in 2023, and assets have increased from $101,561 to $375,356 over the same period, while liabilities remain very low.
Filing History
IRS 990 filing history for Walker Area Association Of Realtors showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Walker Area Association Of Realtors's revenue has grown by 81.5%, moving from $178K to $322K. Total assets increased by 240.6% over the same period, from $110K to $375K. Total functional expenses rose by 73.9%, from $134K to $233K. In its most recent filing year (2023), Walker Area Association Of Realtors reported a surplus of $89K, with revenue exceeding expenses. The organization holds $1K in liabilities against $375K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $374K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $322K | $233K | $375K | $1K | — | — |
| 2022 | $290K | $273K | $286K | $1K | — | — |
| 2021 | $285K | $232K | $270K | $1K | — | View 990 |
| 2020 | $232K | $202K | $217K | $1K | — | View 990 |
| 2019 | $219K | $218K | $187K | $1K | — | View 990 |
| 2018 | $234K | $192K | $186K | $2K | — | View 990 |
| 2017 | $199K | $173K | $143K | $596 | — | View 990 |
| 2016 | $151K | $144K | $117K | $0 | — | — |
| 2015 | $145K | $137K | $110K | $0 | — | — |
| 2014 | $123K | $129K | $102K | $0 | — | View 990 |
| 2013 | $85K | $118K | $108K | $0 | — | — |
| 2012 | $112K | $127K | $141K | $0 | — | — |
| 2011 | $123K | $120K | $156K | $0 | — | — |
| 2010 | $127K | $119K | $153K | $0 | — | — |
| 2009 | $161K | $126K | $145K | $0 | — | — |
| 2008 | $178K | $134K | $110K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $322K, expenses of $233K, and assets of $375K (revenue +11.3% year-over-year).
- 2022: Revenue of $290K, expenses of $273K, and assets of $286K (revenue +1.6% year-over-year).
- 2021: Revenue of $285K, expenses of $232K, and assets of $270K (revenue +23.0% year-over-year).
- 2020: Revenue of $232K, expenses of $202K, and assets of $217K (revenue +5.7% year-over-year).
- 2019: Revenue of $219K, expenses of $218K, and assets of $187K (revenue -6.2% year-over-year).
- 2018: Revenue of $234K, expenses of $192K, and assets of $186K (revenue +17.5% year-over-year).
- 2017: Revenue of $199K, expenses of $173K, and assets of $143K (revenue +31.9% year-over-year).
- 2016: Revenue of $151K, expenses of $144K, and assets of $117K (revenue +4.0% year-over-year).
- 2015: Revenue of $145K, expenses of $137K, and assets of $110K (revenue +18.4% year-over-year).
- 2014: Revenue of $123K, expenses of $129K, and assets of $102K (revenue +44.6% year-over-year).
- 2013: Revenue of $85K, expenses of $118K, and assets of $108K (revenue -24.4% year-over-year).
- 2012: Revenue of $112K, expenses of $127K, and assets of $141K (revenue -8.6% year-over-year).
- 2011: Revenue of $123K, expenses of $120K, and assets of $156K (revenue -3.3% year-over-year).
- 2010: Revenue of $127K, expenses of $119K, and assets of $153K (revenue -21.3% year-over-year).
- 2009: Revenue of $161K, expenses of $126K, and assets of $145K (revenue -9.2% year-over-year).
- 2008: Revenue of $178K, expenses of $134K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walker Area Association Of Realtors:
Data Sources and Methodology
This transparency report for Walker Area Association Of Realtors 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.