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The@Arthur L & Lily D Walters Foundation

  • Arlington, VA
  • Tax-exempt since Oct. 2004
  • EIN: 80-0111331

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Public Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
−$68.4k (2024)

Expenses
$118k (2024)

Total Assets
$2.19M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2014 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$68,381
Expenses
$117,856
Net Income
-$186,237
Net Assets
$2,193,817
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $665
Dividends $69,458
Sales of Assets -$138,504
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $115,500
98.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,193,817
Total Liabilities $0
Net Assets $2,193,817
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (Director) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
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Document Links

990-PF
Filed on March 11, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$74,203
Expenses
$109,560
Net Income
-$35,357
Net Assets
$1,893,481
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $411
0.6%
Dividends $64,018
86.3%
Sales of Assets $419
0.6%
Other Income $9,355
12.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $108,000
98.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,893,481
Total Liabilities $0
Net Assets $1,893,481
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (Director) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on March 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$101,106
Expenses
$107,412
Net Income
-$6,306
Net Assets
$1,930,314
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $122
0.1%
Dividends $66,731
66.0%
Sales of Assets $34,253
33.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $95,000
88.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,930,314
Total Liabilities $0
Net Assets $1,930,314
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (Director) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on March 30, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$76,502
Expenses
$82,370
Net Income
-$5,868
Net Assets
$1,723,757
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6
0.0%
Dividends $74,377
97.2%
Sales of Assets $2,119
2.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $79,500
96.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,723,757
Total Liabilities $0
Net Assets $1,723,757
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on March 28, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$61,797
Expenses
$79,319
Net Income
-$17,522
Net Assets
$1,535,096
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $62
0.1%
Dividends $61,735
99.9%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75,000
94.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,535,097
Total Liabilities $1
Net Assets $1,535,096
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on March 22, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$398,915
Expenses
$129,402
Net Income
$269,513
Net Assets
$1,854,583
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $672
0.2%
Dividends $62,157
15.6%
Sales of Assets $336,086
84.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $124,700
96.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,854,584
Total Liabilities $1
Net Assets $1,854,583
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on Feb. 5, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$57,180
Expenses
$85,997
Net Income
-$28,817
Net Assets
$1,521,910
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $392
0.7%
Dividends $56,788
99.3%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $84,459
98.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,521,910
Total Liabilities $0
Net Assets $1,521,910
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on Feb. 6, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$53,233
Expenses
$86,342
Net Income
-$33,109
Net Assets
$1,726,618
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $43
0.1%
Dividends $53,190
99.9%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $85,350
98.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,726,618
Total Liabilities $0
Net Assets $1,726,618
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director And) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on Feb. 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$68,192
Expenses
$89,143
Net Income
-$20,951
Net Assets
$2,163,319
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $43
0.1%
Dividends $46,200
67.7%
Sales of Assets $0
Other Income $21,949
32.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $87,886
98.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,163,319
Total Liabilities $0
Net Assets $2,163,319
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on March 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$41,201
Expenses
$166,847
Net Income
-$125,646
Net Assets
$1,860,929
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $56
0.1%
Dividends $44,704
> 100%
Sales of Assets -$3,559
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $118,670
71.1%
Compensation of Officers* $34,000
20.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,860,929
Total Liabilities $0
Net Assets $1,860,929
Compensation
Key Employees and Officers Compensation Other
Mark W Walters (Director) $11,334 $0
Arthur L Walters Iii (Director) $11,333 $0
Sherry K Matricardi (Director) $11,333 $0
Arthur L Walters (President) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
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Document Links

990-PF
Filed on March 17, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,859,891
Expenses
$34,470
Net Income
$1,825,421
Net Assets
$2,002,637
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,859,875
100.0%
Interest Revenue $0
Dividends $16
0.0%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $34,125
99.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,002,637
Total Liabilities $0
Net Assets $2,002,637
Compensation
Key Employees and Officers Compensation Other
Arthur L Walters (President) $0 $0
Mark W Walters (Director) $0 $0
Arthur L Walters Iii (Director) $0 $0
Sherry K Matricardi (Director) $0 $0
Thomas E Goodfellow (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on May 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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