Walton Family Foundation Inc
Walton Family Foundation maintains substantial assets and zero officer compensation amidst fluctuating revenues.
EIN: 133441466 · Bentonville, AR · NTEE: T20 · Updated: 2026-03-28
Is Walton Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walton Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walton Family Foundation Inc
Walton Family Foundation Inc (EIN: 133441466) is a nonprofit organization based in Bentonville, AR, classified under NTEE code T20. The organization reported total revenue of $1.7B and total assets of $6.1B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walton Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walton Family Foundation Inc is a major nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $872.2M |
| Total Expenses | $801.2M |
| Surplus / Deficit | +$71.0M |
| Total Assets | $5.7B |
| Total Liabilities | $1 |
| Net Assets | $5.7B |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 85.6 months |
Financial Health Grade: A
In 2023, Walton Family Foundation Inc reported a surplus of $71.0M with revenue exceeding expenses, holds 85.6 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), Walton Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | +15.8% | +0.5% |
| 2022 | -46.4% | -12.4% | +1.9% |
| 2021 | -5.1% | -6.0% | +14.2% |
| 2020 | +87.7% | +42.0% | +17.4% |
| 2019 | -21.8% | +43.6% | +56.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Walton Family Foundation Inc 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: 90%
- fundraising: 5%
According to IRS 990 filings, Walton Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $71.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors received compensation from the foundation, which is highly unusual for an organization of this size and asset base ($5.7 billion in 2023). This suggests that executive services may be provided pro bono or compensated through other related entities, or that the foundation's structure minimizes direct compensation to its leadership.
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 Walton Family Foundation Inc's IRS 990 filings:
- Unusually low reported liabilities ($1 in recent years) may warrant further investigation into financial structure.
- Zero reported officer compensation for an organization of this size is highly unusual and may indicate compensation through other means or entities not fully transparent in the 990.
Strengths
The following positive indicators were identified for Walton Family Foundation Inc:
- Consistent growth in assets, indicating strong financial management and sustainability.
- Substantial revenue generation, allowing for significant programmatic investment.
- Extremely low reported liabilities, suggesting a very healthy balance sheet.
- Zero reported officer compensation, implying a high dedication of funds to mission-related activities.
Frequently Asked Questions about Walton Family Foundation Inc
Is Walton Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Walton Family Foundation Inc (EIN: 133441466) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Walton Family Foundation Inc spend its money?
Walton Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walton Family Foundation Inc tax-deductible?
Walton Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133441466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Walton Family Foundation Inc a good charity?
Based on the available financial data, the Walton Family Foundation Inc appears to be a highly effective and financially sound organization. Its substantial assets, consistent program spending (implied by the revenue-expense difference and asset growth), and zero reported officer compensation are strong indicators of a well-managed and mission-focused entity.
How does the foundation manage its executive leadership without compensation?
The consistent reporting of 0% officer compensation across all filings is notable. This could imply that executive leadership is either compensated by other related entities, serves in a purely voluntary capacity, or that the foundation's operational model does not involve direct salary payments to its officers, which is a unique approach for an organization of its scale.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent and significant growth over the years, increasing from $1,285,933,195 in 2011 to $5,714,135,948 in 2023, demonstrating strong financial stewardship and accumulation of resources for its mission.
How stable are the foundation's revenues?
The foundation's revenues have been highly variable, ranging from $581,442,980 in 2012 to $1,663,125,945 in the latest period. While fluctuating, the foundation consistently generates substantial income, allowing it to cover expenses and grow its asset base.
Filing History
IRS 990 filing history for Walton Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Walton Family Foundation Inc's revenue has grown by 6.1%, moving from $821.8M to $872.2M. Total assets increased by 344.4% over the same period, from $1.3B to $5.7B. Total functional expenses rose by 60%, from $500.8M to $801.2M. In its most recent filing year (2023), Walton Family Foundation Inc reported a surplus of $71.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.7B in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $872.2M | $801.2M | $5.7B | $1 | — | View 990 |
| 2022 | $796.4M | $692.1M | $5.7B | $1 | — | View 990 |
| 2021 | $1.5B | $789.9M | $5.6B | $1 | — | View 990 |
| 2020 | $1.6B | $840.2M | $4.9B | $1 | — | View 990 |
| 2019 | $833.7M | $591.7M | $4.2B | $0 | — | View 990 |
| 2015 | $1.1B | $412.1M | $2.7B | $0 | — | View 990 |
| 2014 | $620.4M | $388.5M | $2.0B | $0 | — | View 990 |
| 2013 | $593.7M | $336.0M | $1.8B | $0 | — | View 990 |
| 2012 | $581.4M | $441.2M | $1.5B | $0 | — | View 990 |
| 2011 | $821.8M | $500.8M | $1.3B | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $872.2M, expenses of $801.2M, and assets of $5.7B (revenue +9.5% year-over-year).
- 2022: Revenue of $796.4M, expenses of $692.1M, and assets of $5.7B (revenue -46.4% year-over-year).
- 2021: Revenue of $1.5B, expenses of $789.9M, and assets of $5.6B (revenue -5.1% year-over-year).
- 2020: Revenue of $1.6B, expenses of $840.2M, and assets of $4.9B (revenue +87.7% year-over-year).
- 2019: Revenue of $833.7M, expenses of $591.7M, and assets of $4.2B (revenue -21.8% year-over-year).
- 2015: Revenue of $1.1B, expenses of $412.1M, and assets of $2.7B (revenue +71.8% year-over-year).
- 2014: Revenue of $620.4M, expenses of $388.5M, and assets of $2.0B (revenue +4.5% year-over-year).
- 2013: Revenue of $593.7M, expenses of $336.0M, and assets of $1.8B (revenue +2.1% year-over-year).
- 2012: Revenue of $581.4M, expenses of $441.2M, and assets of $1.5B (revenue -29.3% year-over-year).
- 2011: Revenue of $821.8M, expenses of $500.8M, and assets of $1.3B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walton Family Foundation Inc:
Data Sources and Methodology
This transparency report for Walton Family 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.