Walton Park Community Association Inc
EIN: 521243061 · Midlothian, VA · NTEE: N50
Is Walton Park Community Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walton Park Community Association Inc
Walton Park Community Association Inc (EIN: 521243061) is a nonprofit organization based in Midlothian, VA, classified under NTEE code N50. The organization reported total revenue of $272K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walton Park Community Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walton Park Community Association Inc is a small nonprofit that has been operating for 4 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $244K |
| Surplus / Deficit | +$14K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 5.3% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Walton Park Community Association Inc reported a surplus of $14K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2012–2023), Walton Park Community Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.4% | +78.6% | -100.0% |
| 2020 | -26.1% | -21.1% | +0.5% |
| 2019 | +0.4% | -12.7% | +3.2% |
| 2018 | +3.0% | +13.9% | +33.3% |
| 2017 | -0.4% | -2.4% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Walton Park Community Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Walton Park Community Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Walton Park Community Association Inc
Is Walton Park Community Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Walton Park Community Association Inc (EIN: 521243061) insufficient data. 0 red flags identified, 0 strengths noted.
How does Walton Park Community Association Inc spend its money?
Detailed spending breakdown data is not yet available for Walton Park Community Association Inc. Check back for updated IRS 990 analysis.
Are donations to Walton Park Community Association Inc tax-deductible?
Walton Park Community Association Inc is registered as a tax-exempt nonprofit (EIN: 521243061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Walton Park Community Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Walton Park Community Association Inc's revenue has grown by 53.9%, moving from $167K to $258K. Total assets decreased by 100% over the same period, from $392K to $0. Total functional expenses rose by 90.1%, from $128K to $244K. In its most recent filing year (2023), Walton Park Community Association Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $244K | $0 | $0 | — | View 990 |
| 2020 | $148K | $137K | $424K | $78K | — | View 990 |
| 2019 | $200K | $173K | $423K | $87K | — | View 990 |
| 2018 | $199K | $198K | $409K | $101K | — | — |
| 2017 | $193K | $174K | $307K | $0 | — | — |
| 2016 | $194K | $178K | $304K | $16K | — | — |
| 2015 | $187K | $181K | $443K | $171K | — | — |
| 2014 | $184K | $168K | $334K | $69K | — | — |
| 2013 | $167K | $153K | $368K | $118K | — | — |
| 2012 | $167K | $128K | $392K | $156K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $244K, and assets of $0 (revenue +74.4% year-over-year).
- 2020: Revenue of $148K, expenses of $137K, and assets of $424K (revenue -26.1% year-over-year).
- 2019: Revenue of $200K, expenses of $173K, and assets of $423K (revenue +0.4% year-over-year).
- 2018: Revenue of $199K, expenses of $198K, and assets of $409K (revenue +3.0% year-over-year).
- 2017: Revenue of $193K, expenses of $174K, and assets of $307K (revenue -0.4% year-over-year).
- 2016: Revenue of $194K, expenses of $178K, and assets of $304K (revenue +4.0% year-over-year).
- 2015: Revenue of $187K, expenses of $181K, and assets of $443K (revenue +1.8% year-over-year).
- 2014: Revenue of $184K, expenses of $168K, and assets of $334K (revenue +10.0% year-over-year).
- 2013: Revenue of $167K, expenses of $153K, and assets of $368K (revenue -0.4% year-over-year).
- 2012: Revenue of $167K, expenses of $128K, and assets of $392K.
Data Sources and Methodology
This transparency report for Walton Park Community Association 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.