WALKER AREA COMMUNITY FOUNDATION INC

EIN: 631154984 501(c)(3) Philanthropy & Grantmaking

JASPER, AL

Total Revenue
$44,773,202
Total Expenses
$11,349,933
Total Assets
$196,103,884
Net Assets
$196,081,990
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
AL
Principal Officer
PAUL W KENNEDY
Phone
2053020001
Tax Period
2025-01-01 to 2025-12-31

Walker Area Community Foundation Inc, founded in 1995, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $44.4M in total revenue in fiscal year 2018. Revenue surged 1618% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41.4M, a strong 93% operating margin.

Mission

TO SERVE AS A NONPROFIT DEDICATED TO THE NURTURE AND ADVANCEMENT OF THE COMMUNITY THROUGH FORMING AND PRESERVING CHARITABLE CAPITAL, AND USING THE PROCEEDS OF THAT CAPITAL TO BETTER THE COMMUNITY AS A WHOLE.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $38,491,160
Program Service Revenue $0
Investment Income $6,270,577
Other Revenue $11,465
TOTAL REVENUE $44,773,202

Expense Breakdown

Grants Paid $7,964,996
Salaries & Benefits $1,308,705
Fundraising Expenses $564,738
Program Expenses $10,281,188
Other Expenses $2,076,232
TOTAL EXPENSES $11,349,933

Year-over-Year Comparison

2025 2024 Change
Revenue $44,773,202 $32,625,183 +0.4%
Expenses $11,349,933 $10,453,655 +0.1%
Net Income $33,423,269 $22,171,528 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
11
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
5
$360,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ULZ LAURA DIRECTOR 1.00
Director
$0 $0 $0
CALLAHAN KEVIN F DIRECTOR 1.00
Director
$0 $0 $0
JACKSON EDWARD DIRECTOR 1.00
Director
$0 $0 $0
STUKES BETH THORNE DIRECTOR 1.00
Director
$0 $0 $0
WARREN J DOUGLAS DIRECTOR 1.00
Director
$0 $0 $0
THORNLEY SCOTT DIRECTOR 1.00
Director
$0 $0 $0
ALLEN ROBBIN REED DIRECTOR 1.00
Director
$0 $0 $0
GILBERT DREW DIRECTOR 1.00
Director
$0 $0 $0
LAIRD MATTHEW SECRETARY AND TREASURER 1.00
Officer Director
$0 $0 $0
DONALDSON EMILY VICE CHAIR 1.00
Officer Director
$0 $0 $0
NOLEN JR ROBERT B CHAIRMAN 1.00
Officer Director
$0 $0 $0
KENNEDY PAUL PRESIDENT 40.00
Officer
$215,000 $0 $215,000
RHODES HARRIS CHIEF FINANCIAL OFFICER 40.00
Officer
$145,000 $0 $145,000
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
2025 $44,773,202 $11,349,933 $196,103,884 $33,423,269
2024 $32,625,183 $10,453,655 $151,933,359 $22,171,528
2023 $9,167,031 $7,112,593 $127,913,751 $2,054,438
2022 $36,030,350 $5,508,194 $114,594,345 $30,522,156
2021 $6,641,210 $4,783,788 $95,971,007 $1,857,422
2020 $6,889,197 $3,649,464 $84,479,125 $3,239,733
2019 $1,732,314 $4,000,484 $72,410,374 $-2,268,170
2018 $44,398,161 $2,968,585 $66,352,747 $41,429,576
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