Walter's Children's Charities Clas… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Phone

9516883332

Tax Period

2023-01-01 to 2023-12-31

Walter's Children's Charities Classic, founded in 1996, is a small nonprofit in the Health Care sector that reported $351K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

HOLD GOLF TOURNAMENT FOR THE PURPOSE OF DONATING THE NET PROCEEDS TO CHILDREN'S CHARITIES.

Program Service Accomplishments

Program 1

Expenses: $291,651 Revenue: $317,579

ANNUAL GOLF TOURNAMENT HELD WITH PROCEEDS GOING TO LOMA LINDA UNIVERSITY CHILDREN'S HOSPITAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $350,557

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $350,557

Expense Breakdown

Grants Paid $290,000

Salaries & Benefits $0

Fundraising Expenses $59,584

Program Expenses $291,651

Other Expenses $61,235

TOTAL EXPENSES $351,235

Year-over-Year Comparison

	2023	2022	Change
Revenue	$350,557	$321,232	+0.1%
Expenses	$351,235	$260,090	+0.4%
Net Income	$-678	$61,142	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director	5.0	Director	$0	$0	$0
N/A	President	1.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$350,557	$351,235	$287,025	$-678
2022	$321,232	$260,090	$287,703	$61,142
2021	$272,154	$232,236	$226,561	$39,918
2020	$190,980	$274,947	$186,643	$-83,967
2019	$316,918	$302,436	$270,610	$14,482
2018	$306,378	$358,109	$256,128	$-51,731

Walter's Children's Charities Classic