Walton-verona Educational Foundation Inc is a 501(c)(3) organization based in Walton, Kentucky, registered in 1994, with $46,791 in FY2012 revenue. CharityIndex grades it C.
Revenue (FY2012)
$47K
▼ 5.4% vs prior year
Philanthropy median: $168K
Expenses (FY2012)
$45K
Net assets
$115K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Walton-verona Educational Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Walton-verona Educational Foundation Inc: 30 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Walton-verona Educational Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Walton-verona Educational Foundation Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $49K (FY2011) to $47K (FY2012) across 2 reported years.
Financial snapshot
Operating margin
3.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$115K
Total liabilities
$0
Net assets
$115K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2012 | $46,791▼5.4% | $45,295▲1.4% | $114,884▲1.3% | $114,884▲1.3% | 990EZ |
| 2011 | $49,481 | $44,666 | $113,388 | $113,388 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Walton-verona Educational Foundation Inc (EIN 61-1257787) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.