Walsworth Family Charitable Foundation
Walsworth Family Charitable Foundation shows strong asset growth and minimal overhead, consistently directing funds to its mission.
EIN: 204027449 · Chillicothe, MO · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $338K |
| Total Expenses | $46K |
| Program Spending | 95% |
| Net Assets | $1.0M |
| Transparency Score | 95/100 |
Is Walsworth Family Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walsworth Family Charitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walsworth Family Charitable Foundation
Walsworth Family Charitable Foundation (EIN: 204027449) is a nonprofit organization based in Chillicothe, MO, classified under NTEE code T20. The organization reported total revenue of $338K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walsworth Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walsworth Family Charitable 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 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $46K |
| Surplus / Deficit | +$104K |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | 69.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 265.9 months |
Financial Health Grade: A
In 2023, Walsworth Family Charitable Foundation reported a surplus of $104K with revenue exceeding expenses, holds 265.9 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), Walsworth Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | -12.3% | +11.5% |
| 2022 | -32.1% | +21.5% | +9.4% |
| 2021 | +421.2% | -6.2% | +21.7% |
| 2020 | -71.9% | +43.9% | -1.3% |
| 2019 | +496.3% | +29.8% | +68.4% |
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 Walsworth Family Charitable 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Walsworth Family Charitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization operates with volunteer leadership or very low administrative overhead, allowing all funds to be directed to its charitable purpose.
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 Walsworth Family Charitable Foundation:
- Strong asset growth, increasing from $99,150 in 2011 to $1,009,094 in 2023.
- Exceptional spending efficiency with consistently low expenses relative to revenue.
- 0% officer compensation reported across all available filings, indicating minimal administrative overhead.
- Consistent financial stability with minimal liabilities reported ($0 or $1).
- Regular and transparent IRS 990 filing history over 10 periods.
Frequently Asked Questions about Walsworth Family Charitable Foundation
Is Walsworth Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Walsworth Family Charitable Foundation (EIN: 204027449) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Walsworth Family Charitable Foundation spend its money?
Walsworth Family Charitable Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walsworth Family Charitable Foundation tax-deductible?
Walsworth Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 204027449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Walsworth Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Walsworth Family Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Walsworth Family Charitable Foundation located?
Walsworth Family Charitable Foundation is headquartered in Chillicothe, Missouri and files with the IRS under EIN 204027449. It is classified under NTEE code T20.
How many years of IRS 990 filings does Walsworth Family Charitable Foundation have?
Walsworth Family Charitable 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 $338K in total revenue.
Is Walsworth Family Charitable Foundation a good charity?
Based on the available financial data, the Walsworth Family Charitable Foundation appears to be a very good charity. It exhibits strong financial health, consistent asset growth, and exceptionally low administrative expenses, with 0% officer compensation reported across all filings. This indicates that nearly all funds are available for its charitable mission.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time. Its assets have grown from $99,150 in 2011 to over $1 million in 2023, demonstrating robust financial management and sustainability.
What is the organization's spending efficiency?
The organization demonstrates excellent spending efficiency. Expenses are consistently low relative to revenue, and the reported 0% officer compensation across all filings indicates that administrative overhead is minimal, maximizing funds available for programs.
Filing History
IRS 990 filing history for Walsworth Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Walsworth Family Charitable Foundation's revenue has grown by 44.3%, moving from $103K to $149K. Total assets increased by 917.7% over the same period, from $99K to $1.0M. Total functional expenses rose by 719%, from $6K to $46K. In its most recent filing year (2023), Walsworth Family Charitable Foundation reported a surplus of $104K, 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 | $149K | $46K | $1.0M | $1 | — | View 990 |
| 2022 | $129K | $52K | $905K | $1 | — | View 990 |
| 2021 | $190K | $43K | $828K | $1 | — | — |
| 2020 | $37K | $46K | $680K | $1 | — | — |
| 2019 | $130K | $32K | $689K | $1 | — | View 990 |
| 2015 | $22K | $24K | $409K | $0 | — | View 990 |
| 2014 | $135K | $18K | $412K | $0 | — | View 990 |
| 2013 | $113K | $21K | $296K | $0 | — | View 990 |
| 2012 | $112K | $7K | $204K | $0 | — | View 990 |
| 2011 | $103K | $6K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $46K, and assets of $1.0M (revenue +15.4% year-over-year).
- 2022: Revenue of $129K, expenses of $52K, and assets of $905K (revenue -32.1% year-over-year).
- 2021: Revenue of $190K, expenses of $43K, and assets of $828K (revenue +421.2% year-over-year).
- 2020: Revenue of $37K, expenses of $46K, and assets of $680K (revenue -71.9% year-over-year).
- 2019: Revenue of $130K, expenses of $32K, and assets of $689K (revenue +496.3% year-over-year).
- 2015: Revenue of $22K, expenses of $24K, and assets of $409K (revenue -83.8% year-over-year).
- 2014: Revenue of $135K, expenses of $18K, and assets of $412K (revenue +19.7% year-over-year).
- 2013: Revenue of $113K, expenses of $21K, and assets of $296K (revenue +0.6% year-over-year).
- 2012: Revenue of $112K, expenses of $7K, and assets of $204K (revenue +8.1% year-over-year).
- 2011: Revenue of $103K, expenses of $6K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walsworth Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Walsworth Family Charitable 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.