Michael R Walker Foundation
- Assets
- $299.3k
- Revenue
- $313.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Kennett Square, PA
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 20-2301122
Organization Overview
Michael R Walker Foundation, operating under the name Michael R Walker Genesis Employee, is located in Kennett Square, PA. The organization was established in 2005. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Michael R Walker Genesis Employee employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael R Walker Genesis Employee 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 12/2022, Michael R Walker Genesis Employee generated $313.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $425.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MICHAEL R WALKER FOUNDATION'S MISSION IS TO SUPPORT GENESIS HEALTHCARE INC. EMPLOYEES AFFECTED BY SEVERE FINANCIAL HARDSHIP DUE TO UNFORESEEABLE CIRCUMSTANCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYEE EMERGENCY RELIEF PROGRAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Mahrlig Executive Director | 40 | $81,887 | |
Tinnei Soo Treasurer | Officer | 0.12 | $0 |
Michael Sherman President | Officer | 0.12 | $0 |
Jennifer Pantalone Secretary | Officer | 0.12 | $0 |
Wendy Labate Director | Trustee | 0.12 | $0 |
Mary Adams Director | Trustee | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $306,535 |
| Noncash contributions included in lines 1a–1f | $2,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $306,535 |
| Total Program Service Revenue | $0 |
| Investment income | $120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,204 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $313,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $252,381 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,887 |
| Compensation of current officers, directors, key employees. | $25,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,927 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,358 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,173 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $238 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,778 |
| All other expenses | $0 |
| Total functional expenses | $425,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,115 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,159 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $299,274 |
| Accounts payable and accrued expenses | $6,240 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,240 |
| Net assets without donor restrictions | $293,034 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $299,274 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Michael R Walker Foundation has recieved totaling $12,521.
| Awarding Organization | Amount |
|---|---|
Crescent Cities Charities Inc Oxon Hill, MD PURPOSE: CRESCENT CITIES CHARITIES FUNDS WILL BE USED TO SUPPORT GENESIS AND THEIR EFFORT TO HELP FAMILIES OF EMPLOYEES THAT DIED FROM COVID THIS PAST YEAR. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $2,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Warm Inc Glen Mills, PA | $9,867,114 | $38,820,959 |
Good Plus Foundation Inc New York, NY | $6,013,741 | $13,844,054 |
Bucks County Opportunity Council Inc Doylestown, PA | $4,467,309 | $12,553,071 |
Water Street Ministries Lancaster, PA | $27,847,945 | $13,681,131 |
Center For Food Action In New Jersey Englewood, NJ | $5,813,047 | $11,348,848 |
Light Of Life Ministries Inc Pittsburgh, PA | $24,514,350 | $12,091,518 |
Real Alternatives Harrisburg, PA | $3,218,782 | $7,572,282 |
Rescue Mission Of Trenton Trenton, NJ | $15,440,834 | $6,507,086 |
Old Order Amish Helping Program Elizabethville, PA | $294,169,877 | $7,401,236 |
Peoples Emergency Center Philadelphia, PA | $15,414,180 | $6,602,781 |
Afya Foundation Inc Yonkers, NY | $5,777,434 | $5,238,210 |
Lifeline For The Empowerment & Development Of Consumers Inc Painesville, OH | $2,217,869 | $5,898,404 |