Walker Family Foundation
Walker Family Foundation's assets declined by 43% from 2011 to 2016 while liabilities surged in its latest filing.
EIN: 134290882 · Seattle, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2.7M |
| Program Spending | 90% |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Walker Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walker Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walker Family Foundation
Walker Family Foundation (EIN: 134290882) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walker Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walker Family Foundation is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -15.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $229K |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-2,483,879 |
| Total Assets | $3.8M |
| Total Liabilities | $2.2M |
| Net Assets | $1.5M |
| Operating Margin | -1084.5% |
| Debt-to-Asset Ratio | 59.2% |
| Months of Reserves | 16.8 months |
Financial Health Grade: C
In 2016, Walker Family Foundation reported a deficit of $2.5M with expenses exceeding revenue, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 59.2% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Walker Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -14.7% | +125.4% | -13.4% |
| 2015 | -24.0% | +4.3% | -20.9% |
| 2014 | +71.6% | +43.6% | -12.9% |
| 2013 | +28.3% | -9.9% | +0.0% |
| 2012 | -69.4% | +48.4% | -4.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Walker Family Foundation with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Walker Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.2%.
Executive Compensation Analysis
The Walker Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a nonprofit 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 Walker Family Foundation's IRS 990 filings:
- Significant decline in assets from $6,646,146 in 2011 to $3,795,721 in 2016.
- Sudden and substantial increase in liabilities to $2,247,834 in 2016, up from $11,698 in 2015 and $0 in prior years.
- Expenses consistently and significantly exceed revenue, indicating reliance on asset drawdowns without clear sustainability plan in data.
Strengths
The following positive indicators were identified for Walker Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Significant grant-making activity, with expenses consistently in the millions, demonstrating commitment to mission.
- Clear financial transparency through consistent IRS 990 filings over six periods.
Frequently Asked Questions about Walker Family Foundation
Is Walker Family Foundation a legitimate charity?
Walker Family Foundation (EIN: 134290882) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Walker Family Foundation spend its money?
Walker Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Walker Family Foundation tax-deductible?
Walker Family Foundation is registered as a tax-exempt nonprofit (EIN: 134290882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walker Family Foundation located?
Walker Family Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 134290882.
How many years of IRS 990 filings does Walker Family Foundation have?
Walker Family Foundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the significant increase in liabilities to $2,247,834 in 2016?
The provided data does not specify the nature of these liabilities, but their sudden appearance and magnitude are a significant financial event for the organization.
What is the long-term strategy for asset management given the consistent decline from $6.6M in 2011 to $3.7M in 2016?
The foundation's assets have been steadily decreasing, suggesting a spend-down strategy or significant grant-making exceeding investment returns. The filings do not detail this strategy.
What are the specific program areas or beneficiaries of the foundation's grant-making activities?
The NTEE code is unknown, and the provided financial data does not specify the types of programs or organizations the Walker Family Foundation supports.
Filing History
IRS 990 filing history for Walker Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Walker Family Foundation's revenue has declined by 56.3%, moving from $524K to $229K. Total assets decreased by 42.9% over the same period, from $6.6M to $3.8M. Total functional expenses rose by 351.4%, from $601K to $2.7M. In its most recent filing year (2016), Walker Family Foundation reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $3.8M in assets (debt-to-asset ratio: 59.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $229K | $2.7M | $3.8M | $2.2M | — | — |
| 2015 | $268K | $1.2M | $4.4M | $12K | — | View 990 |
| 2014 | $353K | $1.2M | $5.5M | $0 | — | View 990 |
| 2013 | $206K | $804K | $6.4M | $0 | — | View 990 |
| 2012 | $161K | $892K | $6.4M | $0 | — | View 990 |
| 2011 | $524K | $601K | $6.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $229K, expenses of $2.7M, and assets of $3.8M (revenue -14.7% year-over-year).
- 2015: Revenue of $268K, expenses of $1.2M, and assets of $4.4M (revenue -24.0% year-over-year).
- 2014: Revenue of $353K, expenses of $1.2M, and assets of $5.5M (revenue +71.6% year-over-year).
- 2013: Revenue of $206K, expenses of $804K, and assets of $6.4M (revenue +28.3% year-over-year).
- 2012: Revenue of $161K, expenses of $892K, and assets of $6.4M (revenue -69.4% year-over-year).
- 2011: Revenue of $524K, expenses of $601K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walker Family Foundation:
Data Sources and Methodology
This transparency report for Walker 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.