Walks Foundation Inc
- Assets
- $11.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Granby, CT
- Founding
- Data as of
- 06/2017
- EIN
- 06-6035204
Organization Overview
Walks Foundation Inc is located in West Granby, CT. Walks Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, Walks Foundation Inc generated $106.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $106.9k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
AID NON-PROFIT SCHOOLS
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS OF 19,600 AWARDED TO EACH OF THE FIVE MEMBER SCHOOLS
LUNCHEON OF 5,144, PRINTING OF 2,052, POSTAGE OF 1,332, WEBSITE OF 1,013 AND STATE FILING OF 100
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Vn Philip President | 15 | $0 | |
Kenneth Larocque Director | 15 | $0 | |
Sheila Culbert Director | 15 | $0 | |
Dennis Bisgaard Director | 15 | $0 | |
Charles Cahn III Vice Preside | 15 | $0 | |
Erinne Markwas Executive Se | 15 | $11,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,930 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,936 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,850 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,476 |
| Other expenses | $22,657 |
| Total expenses | $106,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,243 |
| Other assets | $0 |
| Total assets | $11,243 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,243 |
Grants Awarded
Over the last fiscal year, Walks Foundation Inc has awarded $98,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WESTMINSTER SCHOOL | | | $19,600 |
AVON OLD FARMS SCHOOL | | | $19,600 |
LOOMIS CHAFFEE SCHOOL | | | $19,600 |
KINGSWOOD OXFORD SCHOOL | | | $19,600 |
SUFFIELD ACADEMY | | | $19,600 |