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Nonprofit · EIN 59-3656137

WALTON ACADEMY INC

Tax-exempt · DEFUNIAK SPGS, FL 32435

Financials

$2M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of WALTON ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,020,990$2,127,140-$106,150$1,805,790$1,277,628$528,162
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,020,158
of which government grants
$1,969,469
Program service revenue
$0
Investment income
$601
Other revenue
$231

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$772,699
Salaries, compensation and benefits (total)
$887,078
Professional fundraising fees
$0
Accounting fees
$20,500
Occupancy
$131,371
Travel
$1,949
Depreciation
$70,353
Program services (functional)
$1,272,894
Management and general (functional)
$854,246

Balance sheet and other

Total assets, start of year
$1,981,993
Total assets, end of year
$1,805,790
Total liabilities, end of year
$1,277,628
Net assets, end of year
$528,162
Land, buildings and equipment
$205,415
Net assets without donor restrictions
$528,162
Gross receipts
$2,020,990
Employees
31
Volunteers
3
Year formed
2000
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RON NEALECHAIRPERSON
Trustee or director, Officer
0$0
EDWARD GRAHAMVICE CHAIR
Trustee or director, Officer
0$0
ANN BLACKSECRETARY/TR
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
389 DORSEY AVE, DEFUNIAK SPGS, FL 32435-3013
In care of
% DR FRANK WITTWER DIRECTOR
Principal officer (990 for 2024)
RON NEALE, 445 W MERRITT AVE, MERRITT ISLAND, FL 329534760
Signed the 990
RON NEALE, CHAIRPERSON
Phone
(877) 585-0356
Return prepared by
MKA ADVISORY LLC

Mission

TO PROVIDE EDUCATIONAL SERVICES

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDES EDUCATIONAL SERVICES TO HIGH RISK STUDENTS IN GRADES 6-12
    Expenses $1,272,894

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-3656137
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$1,805,790
Income (IRS master file)
$2,020,990

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,020,990$2,127,140$1,805,790XML
990June 2024–––IRS
990June 2023$2,869,218$2,710,583$1,840,258IRS
990June 2022$2,578,397$2,373,713$1,667,354IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about WALTON ACADEMY INC

What is the EIN of WALTON ACADEMY INC?
The employer identification number (EIN) of WALTON ACADEMY INC is 59-3656137.
Is WALTON ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to WALTON ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WALTON ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WALTON ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WALTON ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WALTON ACADEMY INC?
The 990 for the year ended June 30, 2025 names RON NEALE.
Who are the officers and directors of WALTON ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does WALTON ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,020,990, expenses of $2,127,140 and total assets of $1,805,790 at year end.

Other nonprofits in DEFUNIAK SPGS

All nonprofits in DEFUNIAK SPGS · Florida · Education