WALTERS FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

LAWRENCE WALTERS

Phone

9548181230

Tax Period

2023-01-01 to 2023-12-31

WALTERS FOUNDATION INC, founded in 2013, is a small nonprofit in the Unknown sector that reported $408K in total revenue in fiscal year 2023.

Mission

To assist the elderly, the needy and the indigent with food, clothing, housing and other necessities.

Program Service Accomplishments

Program 1

Expenses: $390,286

To provide assistance to the elderly, the needy and the indigent in our society. Food, clothing, housing and other necessities are the priority of this organization

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $408,047

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $408,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $390,286

Other Expenses $403,811

TOTAL EXPENSES $403,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$408,047	N/A	N/A
Expenses	$403,811	N/A	N/A
Net Income	$4,236	N/A	N/A

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

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
LAWRENCE WALTERS	PRESIDENT	020.00	Officer	$0	$0	$0
VERNA ALEXANDER	DIRECTOR	020.00	Officer	$0	$0	$0
LAWRENCE WALTERS JR	DIRECTOR	020.00	Officer	$0	$0	$0
LATARCIA MEYLER	DIRECTOR	020.00	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	$408,047	$403,811	$4,236	$4,236