Walrus and Wine
Nonprofit profile at a glance
- EIN
- 992572706
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Parker, CO, USA
- Phone
- 3036256013
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $2,353
- Expenses
- $70,985
- Assets
- $23,825
- Liabilities
- $92,457
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- CHUCK LATHAM (CHAIRMAN)
- CRAIG STADLER (VICE CHAIRMAN)
- KARI MOTZ (TREASURER/SECRETARY-OCT '24-CURRENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our vision is to improve the lives of young people through the game of golf and to support organizations that enrich the lives of individuals with intellectual disabilities. The game of golf helps shape young people by establishing healthy exercise habits, building character, developing self-confidence, introducing young people to valuable mentors and establishing lifelong friends. Our other goal is to enrich the lives of individuals with intellectual disabilities. These individuals often have challenges with intellectual and adaptive functioning affecting their ability to live independent lives. There is a great need to provide adults with intellectual disabilities options for community living and participation in meaningful activities that support their interests, encourage healthy living and an opportunity to develop friendships in a safe setting.
What it reported doing in 2024
In its first year of operation, the organization focused on establishing a foundation for future programming and building awareness of organizations that enrich the lives of individuals with intellectual disabilities. Accomplishments in its first year include developing the organizational infrastructure, building partnership, launching our website, and hosting our first introductory charity weekend to share our mission, enjoy the company of others, and engage potential future supporters. These activities laid the groundwork for expanded programs and outreach for future years.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 13
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: $21.4 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2,916.8%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 3.88; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Operating margin scored 3/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.