Willard And Pat Walker Charitable Foundation Inc
Willard And Pat Walker Charitable Foundation consistently allocates significant resources to programs with no reported officer compensation.
EIN: 200235689 · Fayetteville, AR · NTEE: T22 · Updated: 2026-03-28
Is Willard And Pat Walker Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Willard And Pat Walker Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Willard And Pat Walker Charitable Foundation Inc
Willard And Pat Walker Charitable Foundation Inc (EIN: 200235689) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code T22. The organization reported total revenue of $72.1M and total assets of $431.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willard And Pat Walker Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willard And Pat Walker Charitable Foundation Inc is a major nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $14.1M |
| Surplus / Deficit | $-3,080,284 |
| Total Assets | $334.4M |
| Total Liabilities | $41.8M |
| Net Assets | $292.6M |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 284.6 months |
Financial Health Grade: B
In 2023, Willard And Pat Walker Charitable Foundation Inc reported a deficit of $3.1M with expenses exceeding revenue, holds 284.6 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Willard And Pat Walker Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.5% | +18.8% | +7.5% |
| 2022 | -82.4% | -18.6% | -11.9% |
| 2021 | +188.7% | -4.3% | +6.7% |
| 2020 | -15.2% | +51.8% | +12.5% |
| 2019 | -32.7% | +0.9% | +18.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Willard And Pat Walker Charitable Foundation Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Willard And Pat Walker Charitable Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 deficit of $3.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's officers are either uncompensated or compensated through mechanisms not classified as officer compensation, which is a strong positive for financial efficiency and donor trust.
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 Willard And Pat Walker Charitable Foundation Inc's IRS 990 filings:
- Periods of expenses significantly exceeding revenue, potentially drawing down assets if not managed sustainably (e.g., 202312: $11M revenue vs. $14M expenses; 202212: $6M revenue vs. $11M expenses).
Strengths
The following positive indicators were identified for Willard And Pat Walker Charitable Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in executive remuneration.
- Substantial and growing asset base, from $43,998,873 in 201512 to $431,457,273 currently, providing strong financial stability.
- Strong program focus, typical of a grantmaking foundation, with a high proportion of spending directed towards charitable distributions.
- Significant latest revenue of $72,063,830, demonstrating strong financial capacity.
Frequently Asked Questions about Willard And Pat Walker Charitable Foundation Inc
Is Willard And Pat Walker Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Willard And Pat Walker Charitable Foundation Inc (EIN: 200235689) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Willard And Pat Walker Charitable Foundation Inc spend its money?
Willard And Pat Walker Charitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Willard And Pat Walker Charitable Foundation Inc tax-deductible?
Willard And Pat Walker Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200235689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation manage periods where expenses exceed revenue, such as in 202312 and 202212?
As a grantmaking foundation, it is common for expenses (grants paid) to exceed annual revenue in certain periods, drawing from the foundation's substantial asset base. The foundation's significant assets, which grew from $43,998,873 in 201512 to $334,398,230 in 202312, provide the necessary reserves to cover these distributions.
What specific types of programs or organizations does the foundation typically support with its grants?
While the NTEE code T22 indicates a Private Grantmaking Foundation, the provided data does not detail the specific beneficiaries or programmatic areas of the grants. Further investigation into their grantmaking guidelines or past grant recipients would be necessary to answer this.
Given the 0% officer compensation, how are the foundation's operational and leadership roles fulfilled?
The 0% officer compensation suggests that leadership may be voluntary, compensated through a related entity, or that the foundation operates with minimal direct salary expenses for its officers, relying on other staffing models or pro bono contributions.
Filing History
IRS 990 filing history for Willard And Pat Walker Charitable Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Willard And Pat Walker Charitable Foundation Inc's revenue has grown by 259.2%, moving from $3.1M to $11.0M. Total assets increased by 914.1% over the same period, from $33.0M to $334.4M. Total functional expenses rose by 30.2%, from $10.8M to $14.1M. In its most recent filing year (2023), Willard And Pat Walker Charitable Foundation Inc reported a deficit of $3.1M, with expenses exceeding revenue. The organization holds $41.8M in liabilities against $334.4M in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $292.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.0M | $14.1M | $334.4M | $41.8M | — | View 990 |
| 2022 | $6.3M | $11.9M | $311.0M | $7.5M | — | View 990 |
| 2021 | $36.1M | $14.6M | $353.2M | $13.6M | — | View 990 |
| 2020 | $12.5M | $15.2M | $330.9M | $16.2M | — | View 990 |
| 2019 | $14.7M | $10.0M | $294.2M | $12.6M | — | View 990 |
| 2018 | $21.9M | $10.0M | $249.4M | $18.9M | — | View 990 |
| 2015 | $32.5M | $4.2M | $44.0M | $8.8M | — | View 990 |
| 2014 | $23.9M | $5.0M | $28.9M | $9.2M | — | View 990 |
| 2013 | $816K | $7.5M | $20.0M | $12.1M | — | View 990 |
| 2012 | $2.5M | $11.7M | $24.5M | $17.6M | — | View 990 |
| 2011 | $3.1M | $10.8M | $33.0M | $27.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.0M, expenses of $14.1M, and assets of $334.4M (revenue +73.5% year-over-year).
- 2022: Revenue of $6.3M, expenses of $11.9M, and assets of $311.0M (revenue -82.4% year-over-year).
- 2021: Revenue of $36.1M, expenses of $14.6M, and assets of $353.2M (revenue +188.7% year-over-year).
- 2020: Revenue of $12.5M, expenses of $15.2M, and assets of $330.9M (revenue -15.2% year-over-year).
- 2019: Revenue of $14.7M, expenses of $10.0M, and assets of $294.2M (revenue -32.7% year-over-year).
- 2018: Revenue of $21.9M, expenses of $10.0M, and assets of $249.4M (revenue -32.6% year-over-year).
- 2015: Revenue of $32.5M, expenses of $4.2M, and assets of $44.0M (revenue +35.9% year-over-year).
- 2014: Revenue of $23.9M, expenses of $5.0M, and assets of $28.9M (revenue +2828.7% year-over-year).
- 2013: Revenue of $816K, expenses of $7.5M, and assets of $20.0M (revenue -66.9% year-over-year).
- 2012: Revenue of $2.5M, expenses of $11.7M, and assets of $24.5M (revenue -19.7% year-over-year).
- 2011: Revenue of $3.1M, expenses of $10.8M, and assets of $33.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willard And Pat Walker Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Willard And Pat Walker Charitable 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.