WALTON EDUCATION FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
WALTON EDUCATION FOUNDATION INC (EIN 31-1483755)
Tax period
2020-07-01 to 2021-06-30
Filed
2021-12-20
IRS object ID
202123549349301362
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-12-20T15:11:39-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203857349PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COASTAL ACCOUNTING OF NW FLBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11150 AIRPORT RD UNIT 172AddressLine1Txt
CityDESTINCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32541ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311483755EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WALTON EDUCATION FOUNDATION INBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWALTBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1145 PARK STREET SUITE 3AddressLine1Txt
CityDEFUNIAK SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32435ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDSEY HARPPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Signature2021-12-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLINDSEYPersonFirstNm
Person LastHARPPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRUSSELL CASH III CPAPreparerPersonNm
PTINP01635348PTIN
Phone8506549235PhoneNum
Preparation2021-12-03PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLINDSEY HARPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1145 PARK STREET STE 3AddressLine1Txt
CityDEFUNIAK SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32435ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$235,927GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WALTONEDFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionOUR MISSION IS TO SERVE THE EDUCATIONAL COMMUNITY OF WALTON COUNTY, FLORIDA BY MOBILIZING SUPPORT AND RESOURCES THROUGH ALLIANCES/GRANTS & FUNDRAISING EVENTSActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$304,762PYContributionsGrantsAmt
CY Contributions Grants$235,865CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$95PYInvestmentIncomeAmt
CY Investment Income$62CYInvestmentIncomeAmt
PY Other Revenue$16,912PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$321,769PYTotalRevenueAmt
CY Total Revenue$235,927CYTotalRevenueAmt
PY Grants And Similar Paid$268,534PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$173,084CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$34,931PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$32,932CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,867PYOtherExpensesAmt
CY Other Expenses$9,972CYOtherExpensesAmt
PY Total Expenses$316,332PYTotalExpensesAmt
CY Total Expenses$215,988CYTotalExpensesAmt
PY Revenues Less Expenses$5,437PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$19,939CYRevenuesLessExpensesAmt
Total Assets BOY$116,067TotalAssetsBOYAmt
Total Assets EOY$136,006TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$116,067NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$136,006NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO SERVE THE EDUCATIONAL COMMUNITY OF WALTON COUNTY, FLORIDA BY MOBILIZING SUPPORT AND RESOURCES THROUGH ALLIANCES, GRANTS, AND FUNDRAISING EVENTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$173,560ExpenseAmt
Grant$173,084GrantAmt
DescAWARDING SCHOOL WIDE GRANTS, CLASSROOM GRANTS AND SCHOLARSHIPS TODesc
Total Program Service Expenses$173,560TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLINDSEY HARPPersonNm
Phone8508921153PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1145 PARK STREETAddressLine1Txt
CityDEFUNIAK SPRINGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32435ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
B GILBERT
PRESIDENT20Yes (X)Yes (X)$0$0$0
M HARRISON
VICE PRESIDENT20Yes (X)Yes (X)$0$0$0
ROBIN SHAW
TREASURER20Yes (X)$0$0$0
L JUSTISS
DIRECTOR20Yes (X)$0$0$0
D MCCONNELL
DIRECTOR20Yes (X)$0$0$0
J MILAM
SECRETARY20Yes (X)Yes (X)$0$0$0
DR J HAWTHORNE
LIASON20Yes (X)$0$0$0
S PHANEUF
DIRECTOR20Yes (X)$0$0$0
MH CARR
CEO400Yes (X)$32,932$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$32,932TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$235,865AllOtherContributionsAmt
Total Contributions$235,865TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$62TotalRevenueColumnAmt
Exclusion$62ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$235,927TotalRevenueColumnAmt
Exclusion$62ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$173,084TotalAmt
Program Services$173,084ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$32,932TotalAmt
Management And General$32,932ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,500TotalAmt
Management And General$6,500ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,102TotalAmt
Program Services$476ProgramServicesAmt
Management And General$626ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
ADMIN$40$40
DUES$725$725
LICENSES AND FEES$1,605$1,605

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$215,988TotalAmt
Program Services$173,560ProgramServicesAmt
Management And General$42,428ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$115,567BOYAmt
EOY$128,506EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$500BOYAmt
EOY$7,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$116,067BOYAmt
EOY$136,006EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$88,128BOYAmt
EOY$95,061EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,939BOYAmt
EOY$40,945EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$116,067BOYAmt
EOY$136,006EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$116,067BOYAmt
EOY$136,006EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$19,939ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$230,009CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$202,190CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$609,366CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$304,762CurrentTaxYearMinus1YearAmt
Current Tax Year$235,865CurrentTaxYearAmt
Total$1,582,192TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$230,009CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$202,190CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$609,366CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$304,762CurrentTaxYearMinus1YearAmt
Current Tax Year$235,865CurrentTaxYearAmt
Total$1,582,192TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,582,192PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$61CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$73CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$77CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$95CurrentTaxYearMinus1YearAmt
Current Tax Year$62CurrentTaxYearAmt
Total$368TotalAmt
FieldValueIRS element (for citing)
Total Support$1,582,560TotalSupportAmt
Public Support CY1700.99980PublicSupportCY170Pct
Public Support PY1700.99970PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOOL WIDE GRANTS38$167,992
SCHOLARSHIPS1$5,092

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANTFormAndLineReferenceDesc
ExplanationFUNDS. THE WALTON EDUCATION FOUNDATION BOARD REVIEWS GRANT APPLICATIONS AND VOTES ON ALL GRANT AWARDS. CRITERIA FOR GRANTS ARE CLEARLY OUTLINED ON THE APPLICATIONS. APPLICATIONS ARE NOT CONSIDERED IF CRITERIA ARE NOT MET.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 PART VI LINE 8BTHERE ARE NO COMMITTEES OF THE WALTON EDUCATION FOUNDATION WITH AUTHORITY TO MAKE DECISIONS ON BEHALF OF THE BOARD.
FORM 990 PART VI LINE 11BTHE BOARD IS PROVIDED WITH A COPY OF FORM 990 FOR REVIEW AND QUESTIONS PRIOR TO FILING.
FORM 990 PART VI LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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