Walnut Way Conservation Corp Charitable Org FY2022 filing

Tax-deductible

Milwaukee, WI501(c)(3)HousingEIN 39-2007850

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Walnut Way works from strengths-based programming and is called to a vision of abundance. Since its purposeful beginnings, Walnut Way has reclaimed its neighborhood, driven out crime, and created a close-knit neighborhood of compassionate and involved residents.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
$70K 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

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $308K a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$70K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $2.1M
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$914K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
+2% vs prior year
Spent
$2.3M
To programs
59%
Net assets
$6.1M
By yearFY2020–FY2024
Revenue
$2.6M
FY2022▲ +2%
Revenue by fiscal year
FY2020$2.4M
FY2021$2.5M
FY2022$2.6M
FY2023$2.1M
FY2024$3.3M
Expenses
$2.3M
FY2022▲ +4%
Expenses by fiscal year
FY2020$1.6M
FY2021$2.3M
FY2022$2.3M
FY2023$2.8M
FY2024$2.4M
Net assets
$6.1M
FY2022▲ +12%
Net assets by fiscal year
FY2020$5.3M
FY2021$5.5M
FY2022$6.1M
FY2023$5.1M
FY2024$6.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2001.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $1.4M Management & general 41% · $956K Fundraising 0% · $8K

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

8 people listed on the 990; $70K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$70,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Antonio Butts’s $70K as Executive Dir. is at the 12th percentile of top reported officer pay among 2036 $1–10M housing 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

NameFY2024FY2023FY2022FY2021FY2020
Antonio Butts$70,000$70,000$70,000$52,704$70,000

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.

See Walnut Way Conservation Corp Charitable Org executive salaries →

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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 15aYes

Programs and updates

Empowers residents through strengths-based programs, transforming neighborhoods into safe, compassionate communities.

Provided by the organization

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3 programs · $1.4M · in their own filed words · FY2022
01

Economic development activites include blue skies landscaping, which was launched in 2012. It is a pathway to employment and neighborhood prosperity in a community where the unemployment rate is three times the national average.

$976Kprogram expense
02

Community engagement resident-led programming at walnut way engages neighbors to increase community knowledge and awareness and address the barriers that inhibit equitable health policy, prevention, and practitioner access.

$306Kprogram expense
03

Environmental issues related to lead emergencies and electric service rates.

$97Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 14 funders →
Grants paid · 4 grants · $36K · 2023–2023
Tabernacle Baptist ChurchFY2023$10,000
For Him MinistriesFY2023$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$1.9M
Fees for servicesLn 2g$537K
Other incomeLn 4–11$130K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.4M
Managementcol C$956K
Fundraisingcol D$8K
Owns and owesPt X
$6.1M
net assets · Ln 32
Cash and savingsLn 1–2$631K
Total assetsLn 16$7.0M
LiabilitiesLn 26$914K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$360K
Fees for servicesLn 2g$537K
Investment incomeLn 3$14
Other incomeLn 4–11$130K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$631K
Cash and savings togetherLn 1–2$631K
Land, buildings, equipmentLn 10c$5.9M
Other assetsLn 15$0
Total assetsLn 16$7.0M
LiabilitiesLn 26$914K
Net assetsLn 32$6.1M
OperationsPt I, VI
EmployeesI 540
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$220K$631K
Land, buildings, equipmentLn 10c$2.7M$5.9M
Total assetsLn 16$7.1M$7.0M
LiabilitiesLn 26$1.6M$914K
Net assetsLn 32$5.5M$6.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$22K$22K
Pay of current officers, directors and key staffLn 5$70K$63K$7K
Other salaries and wagesLn 7$468K$419K$49K
Other employee benefitsLn 9$134K$134K
Payroll taxesLn 10$50K$31K$18K$536
Legal feesLn 11b$98K$88K$11K
Accounting feesLn 11c$84K$26K$57K
Other fees for servicesLn 11g$691K$249K$442K
Advertising and promotionLn 12$23K$16K$7K
Office expensesLn 13$68K$68K
OccupancyLn 16$112K$11K$101K
TravelLn 17$76K$73K$3K
Conferences, conventions and meetingsLn 19$15K$12K$3K
InterestLn 20$16K$16K$218
InsuranceLn 23$47K$3K$44K
Other expenses (24a–d)Ln 24$357K$275K$82K
All other expensesLn 24e$10K$3K$7K
Total functional expensesLn 25$2.3M$1.4M$956K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.3M$2.4M$935K$6.1M 990 PDF
FY2023 $2.1M$2.8M−$671K$5.1M 990 PDF
FY2022 Viewing $2.6M$2.3M$227K$6.1M 990 PDF
FY2021 $2.5M$2.3M$256K$5.5M 990 PDF
FY2020 $2.4M$1.6M$794K$5.3M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $2,569,588 across 9 lines filed
VIII-1e Government grants$360,458
VIII-1f All other contributions, gifts and grants$1,542,929
VIII-1h Total contributions, gifts and grants$1,903,387
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $536,507$536,507
VIII-3 Investment incomeExcluded from tax $14$14
VIII-6 Net rental income or lossRelated to mission $60,170 · Excluded from tax $63,667$123,837
VIII-8 Net income from fundraising eventsExcluded from tax −$2,005−$2,005
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,848$7,848
VIII-12 Total revenueRelated to mission $604,525 · Unrelated business $0 · Excluded from tax $61,676$2,569,588
Part IX · Statement of functional expenses $2,342,316 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $22,250$22,250
IX-5 Pay of current officers, directors and key staffManagement $63,000 · Fundraising $7,000$70,000
IX-7 Other salaries and wagesPrograms $418,993 · Management $48,731$467,724
IX-9 Other employee benefitsPrograms $133,984$133,984
IX-10 Payroll taxesPrograms $30,830 · Management $18,323 · Fundraising $536$49,689
IX-11b Legal feesPrograms $87,796 · Management $10,698$98,494
IX-11c Accounting feesPrograms $26,455 · Management $57,260$83,715
IX-11g Other fees for servicesPrograms $249,147 · Management $442,135$691,282
IX-12 Advertising and promotionPrograms $16,420 · Management $6,971$23,391
IX-13 Office expensesManagement $68,376$68,376
IX-16 OccupancyPrograms $11,405 · Management $100,533$111,938
IX-17 TravelPrograms $73,097 · Management $3,347$76,444
IX-19 Conferences, conventions and meetingsPrograms $11,851 · Management $3,199$15,050
IX-20 InterestPrograms $15,863 · Management $218$16,081
IX-23 InsurancePrograms $2,718 · Management $43,970$46,688
IX-24 Other expenses (24a–d)Programs $274,982 · Management $81,794$356,776
IX-24e All other expensesPrograms $3,306 · Management $7,128$10,434
IX-25 Total functional expensesPrograms $1,379,097 · Management $955,683 · Fundraising $7,536$2,342,316
Part X · Balance sheet $6,992,909 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $219,753$631,136
X-3 Pledges and grants receivableStart of year $314,425$338,923
X-4 Accounts receivableStart of year $247,515$164,470
X-9 Prepaid expenses and deferred charges$5,792
X-10c Land, buildings and equipment, netStart of year $2,692,007$5,852,588
X-15 Other assetsStart of year $3,570,378$0
X-16 Total assetsStart of year $7,072,555$6,992,909
X-17 Accounts payable and accrued expensesStart of year $923,759$255,343
X-25 Other liabilitiesStart of year $2,021$1,250
X-26 Total liabilitiesStart of year $1,622,016$913,815
X-27 Net assets without donor restrictionsStart of year $5,210,164$6,079,094
X-28 Net assets with donor restrictionsStart of year $240,375$0
X-32 Total net assets or fund balancesStart of year $5,450,539$6,079,094
X-33 Total liabilities and net assetsStart of year $7,072,555$6,992,909
Part XI · Reconciliation of net assets $6,079,094 net assets at year end
XI-1 Total revenue$2,569,588
XI-2 Total expenses$2,342,316
XI-3 Revenue less expenses$227,272
XI-4 Net assets at start of year$5,450,539
XI-8 Prior period adjustments$401,283
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,079,094

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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