Walsh Family Foundation
Walsh Family Foundation maintains strong assets and zero officer compensation, indicating efficient operations.
EIN: 206758711 · Dover, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $652K |
| Total Expenses | $106K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1,005,545 |
| Net Assets | $1.0M |
| Transparency Score | 95/100 |
Is Walsh Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walsh Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walsh Family Foundation
Walsh Family Foundation (EIN: 206758711) is a nonprofit organization based in Dover, NH, classified under NTEE code T22. The organization reported total revenue of $652K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walsh Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walsh Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $106K |
| Surplus / Deficit | +$56K |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | 34.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.7 months |
Financial Health Grade: A
In 2023, Walsh Family Foundation reported a surplus of $56K with revenue exceeding expenses, holds 113.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Walsh Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.0% | +23.5% | +15.2% |
| 2022 | -7.2% | +73.7% | +0.0% |
| 2021 | +31.2% | -44.3% | +5.2% |
| 2020 | -71.8% | -3.5% | -2.2% |
| 2019 | +242.6% | -0.6% | +2.7% |
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 Walsh Family Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Walsh 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Walsh Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This is highly unusual for an organization of its asset size ($1,005,545 in 2023) and suggests a volunteer-driven or very lean operational model, maximizing 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 Walsh Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency
- Strong and growing asset base ($1,005,545 in 2023)
- Minimal liabilities ($1 in recent years), showing financial stability
- Generally operates with a revenue surplus, allowing for endowment growth
- Long history of IRS 990 filings, demonstrating transparency and compliance
Frequently Asked Questions about Walsh Family Foundation
Is Walsh Family Foundation a legitimate charity?
Walsh Family Foundation (EIN: 206758711) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $652K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Walsh Family Foundation spend its money?
Walsh Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Walsh Family Foundation tax-deductible?
Walsh Family Foundation is registered as a tax-exempt nonprofit (EIN: 206758711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Walsh Family Foundation CEO make?
Walsh Family Foundation's highest-compensated officer earns $1,005,545 annually. The organization reported $652K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Walsh Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Walsh Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Walsh Family Foundation located?
Walsh Family Foundation is headquartered in Dover, New Hampshire and files with the IRS under EIN 206758711. It is classified under NTEE code T22.
How many years of IRS 990 filings does Walsh Family Foundation have?
Walsh Family Foundation 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 $652K in total revenue.
Is Walsh Family Foundation a good charity?
Based on its financial data, the Walsh Family Foundation appears to be a very good charity. It maintains a strong asset base, consistently reports 0% officer compensation, and has minimal liabilities, all indicating efficient and responsible financial management.
How does the foundation manage its administrative costs?
The foundation manages its administrative costs exceptionally well, as evidenced by the consistent reporting of 0% officer compensation. This suggests that administrative overhead is extremely low, likely covering only essential operational expenses.
What is the trend in the foundation's assets?
The foundation's assets have shown a positive growth trend over the past decade, increasing from $777,549 in 2011 to $1,005,545 in 2023, indicating sound financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for Walsh Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Walsh Family Foundation's revenue has grown by 80.1%, moving from $90K to $162K. Total assets increased by 29.3% over the same period, from $778K to $1.0M. Total functional expenses rose by 75.5%, from $60K to $106K. In its most recent filing year (2023), Walsh Family Foundation reported a surplus of $56K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $106K | $1.0M | $1 | — | View 990 |
| 2022 | $86K | $86K | $873K | $1 | — | View 990 |
| 2021 | $93K | $49K | $873K | $1 | — | — |
| 2020 | $71K | $89K | $829K | $1 | — | — |
| 2019 | $250K | $92K | $848K | $1 | — | View 990 |
| 2015 | $73K | $93K | $825K | $1 | — | View 990 |
| 2014 | $117K | $85K | $875K | $1 | — | View 990 |
| 2013 | $182K | $78K | $843K | $0 | — | View 990 |
| 2012 | $28K | $66K | $739K | $0 | — | View 990 |
| 2011 | $90K | $60K | $778K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $106K, and assets of $1.0M (revenue +88.0% year-over-year).
- 2022: Revenue of $86K, expenses of $86K, and assets of $873K (revenue -7.2% year-over-year).
- 2021: Revenue of $93K, expenses of $49K, and assets of $873K (revenue +31.2% year-over-year).
- 2020: Revenue of $71K, expenses of $89K, and assets of $829K (revenue -71.8% year-over-year).
- 2019: Revenue of $250K, expenses of $92K, and assets of $848K (revenue +242.6% year-over-year).
- 2015: Revenue of $73K, expenses of $93K, and assets of $825K (revenue -37.7% year-over-year).
- 2014: Revenue of $117K, expenses of $85K, and assets of $875K (revenue -35.7% year-over-year).
- 2013: Revenue of $182K, expenses of $78K, and assets of $843K (revenue +555.6% year-over-year).
- 2012: Revenue of $28K, expenses of $66K, and assets of $739K (revenue -69.1% year-over-year).
- 2011: Revenue of $90K, expenses of $60K, and assets of $778K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walsh Family Foundation:
Data Sources and Methodology
This transparency report for Walsh 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.