William a Walker Memorial Trust FY2020 filing

Tax-deductible

Pennington, NJ501(c)(3)Since 1980Arts & CultureEIN 16-6236058Revenue $16K in FY2020

On file with the IRSPo Box 1532, 08534-0691 · Pennington, NJTax-exempt since Jan 1981Supporting org, Type I — 509(a)(3)

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To provide support for the geneva historical society Walker collection

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$2K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $28K a year · 65% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
19 mo
of spending, in cash
Looks good: 18.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$16K
Spent
$13K
To programs
80%
Net assets
$459K
By yearFY2020–FY2025
Revenue
$16K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$16K
FY2021$16K
FY2022$50K
FY2023$19K
FY2024$75K
FY2025$81K
Expenses
$13K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$13K
FY2021$11K
FY2022$14K
FY2023$16K
FY2024$18K
FY2025$17K
Net assets
$459K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$459K
FY2021$463K
FY2022$499K
FY2023$502K
FY2024$558K
FY2025$620K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $10K Management & general 20% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $2K paid to officers and key staff.

Part VII, Section A · reportable compensation
$2,332Pt VII · Sec A

Bank of America NA’s $3K as Trustee is at the 15th percentile of top reported officer pay among 249 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bank of America NA$2,673$2,258$1,866$2,350$2,824$2,332

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports the Geneva Historical Society's Walker Collection.

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Provided by the organization

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1 program · $10K · in their own filed words · FY2020
01

To provide support for the geneva historical society walker collection

$10Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $74K · 2020–2025
Geneva Historical SocietyNY · FY2025$14,582
Geneva Historical SocietyNY · FY2024$15,253
Geneva Historical SocietyNY · FY2023$14,281
Geneva Historical SocietyNY · FY2022$11,067
Geneva Historical SocietyNY · FY2021$8,122
Geneva Historical SocietyNY · FY2020$10,311

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$16K
Ln 12
Investment incomeLn 3$16K
Money outPt IX
$13K
Ln 25
Programscol B$10K
Managementcol C$3K
Owns and owesPt X
$459K
net assets · Ln 32
Cash and savingsLn 1–2$20K
Total assetsLn 16$459K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$16K
Gains on assetsLn 7$4K
Total revenueLn 12$16K
Assets in detailPt X, end of year
CashLn 1$517
SavingsLn 2$20K
Cash and savings togetherLn 1–2$20K
InvestmentsLn 11–13$439K
Total assetsLn 16$459K
LiabilitiesLn 26$0
Net assetsLn 32$459K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$16K$20K
InvestmentsLn 11–13$439K$439K
Total assetsLn 16$455K$459K
LiabilitiesLn 26$0$0
Net assetsLn 32$455K$459K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Pay of current officers, directors and key staffLn 5$2K$2K
All other expensesLn 24e$228$228
Total functional expensesLn 25$13K$10K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $81K$17K$63K$620K 990 PDF
FY2024 $75K$18K$57K$558K 990 PDF
FY2023 $19K$16K$3K$502K 990 PDF
FY2022 $50K$14K$36K$499K 990 PDF
FY2021 $16K$11K$5K$463K 990 PDF
FY2020 Viewing $16K$13K$4K$459K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $16,446 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $21,333$16,446
I-11 Other revenue$0
I-12 Total revenuePrior year $21,333$16,446
I-13 Grants and similar amounts paidPrior year $11,404$10,311
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,721$2,332
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $300$228
I-18 Total expensesPrior year $14,425$12,871
I-19 Revenue less expensesPrior year $6,908$3,575
Part VI · Governance 1 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $16,446 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $12,020$12,020
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,426$4,426
VIII-12 Total revenueExcluded from tax $16,446$16,446
Part IX · Statement of functional expenses $12,871 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $10,311$10,311
IX-5 Pay of current officers, directors and key staffManagement $2,332$2,332
IX-24e All other expensesManagement $228$228
IX-25 Total functional expensesPrograms $10,311 · Management $2,560 · Fundraising $0$12,871
Part X · Balance sheet $458,852 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $718$517
X-2 Savings and temporary cash investmentsStart of year $15,404$19,562
X-11 Publicly traded securitiesStart of year $439,131$438,773
X-16 Total assetsStart of year $455,253$458,852
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $455,253$458,852
X-33 Total liabilities and net assetsStart of year $455,253$458,852
Part XI · Reconciliation of net assets $458,852 net assets at year end
XI-1 Total revenue$16,446
XI-2 Total expenses$12,871
XI-3 Revenue less expenses$3,575
XI-4 Net assets at start of year$455,253
XI-9 Other changes in net assets$24
XI-10 Net assets at end of year$458,852

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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