Nonprofit · EIN 93-1280994
WALTERS FOUNDATION
Tax-exempt · SANTA BARBARA, CA 93101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $318,198 | $271,324 | $46,874 | $3,056,674 | $0 | $3,056,674 |
| December 31, 2024 | 990-PF | $302,112 | $453,027 | -$150,915 | $3,025,708 | $0 | $3,025,708 |
| December 31, 2023 | 990-PF | $67,151 | $16,806 | $50,345 | $3,152,403 | $0 | $3,152,403 |
| September 30, 2023 | 990-PF | $187,455 | $276,782 | -$89,327 | $3,102,058 | $0 | $3,102,058 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $30,156
- Dividends
- $88,311
- Interest
- $46
- Net gain from sales of assets
- $199,685
Expenses
- Grants and similar amounts paid
- $105,000
- Compensation of officers, directors and key employees
- $71,000
- Disbursements for charitable purposes
- $213,466
- Excise tax on investment income
- $3,287
Balance sheet and other
- Total assets, start of year
- $3,025,708
- Total assets, end of year
- $3,056,674
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,056,674
- Fair market value of assets
- $4,533,255
- Qualifying distributions
- $213,466
- Net investment income
- $288,042
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLIFFORD WALTERS 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | PRESIDENT | 8 | $24,000 |
| RANDAL UNTERSEHER 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | VICE PRESIDENT | 8 | $24,000 |
| TAMBERLY COUCH 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | SECRETARY/TREASURER | 0.5 | $21,000 |
| WENDY OLSEN 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $2,000 |
| SUE NEAL 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
| PAUL EMERSON 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDAL UNTERSEHER 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | VICE PRESIDENT | 8 | $23,000 |
| TAMBERLY COUCH 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | SECRETARY/TREASURER | 0.5 | $17,000 |
| CLIFFORD WALTERS 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | PRESIDENT | 8 | $3,500 |
| WENDY OLSEN 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
| SUE NEAL 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
| PAUL EMERSON 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDAL UNTERSEHER 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | VICE PRESIDENT | 8 | $4,500 |
| TAMBERLY COUCH 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | SECRETARY/TREASURER | 0.5 | $3,000 |
| CLIFFORD WALTERS 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | PRESIDENT | 8 | $1,500 |
| WENDY OLSEN 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
| SUE NEAL 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
| PAUL EMERSON 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
990-PF for the year ended September 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDAL UNTERSEHER 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | VICE PRESIDENT | 8 | $18,000 |
| TAMBERLY COUCH 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | SECRETARY/TREASURER | 0.5 | $17,000 |
| CLIFFORD WALTERS 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | PRESIDENT | 8 | $6,000 |
| WENDY OLSEN 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $3,000 |
| SUE NEAL 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $3,000 |
| PAUL EMERSON 1123 CHAPALA STREET SUITE 300, SANTA BARBARA, CA 93101 | BOARD MEMBER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1123 CHAPALA ST STE 300, SANTA BARBARA, CA 93101-3142
- In care of
- % GLENN A WALTERS
- Signed the 990-PF
- CLIFFORD A WALTERS, PRESIDENT
- Phone
- (909) 528-8434
- Website
- WWW.THEWALTERSFOUNDATION.ORG
- Return prepared by
- BARTLETT PRINGLE & WOLF LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 93-1280994 or by the name WALTERS FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 93-1280994
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $3,056,674
- Income (IRS master file)
- $1,463,366
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $318,198 | $271,324 | $3,056,674 | XML |
| 990-PF | December 2024 | $302,112 | $453,027 | $3,025,708 | IRS |
| 990-PF | December 2023 | $67,151 | $16,806 | $3,152,403 | XML |
| 990-PF | September 2023 | $187,455 | $276,782 | $3,102,058 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 93-1280994).
Questions about WALTERS FOUNDATION
- What is the EIN of WALTERS FOUNDATION?
- The employer identification number (EIN) of WALTERS FOUNDATION is 93-1280994.
- Is WALTERS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to WALTERS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALTERS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALTERS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALTERS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of WALTERS FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 4 received compensation from the organization, the highest $24,000 (CLIFFORD WALTERS, PRESIDENT).
- How much revenue does WALTERS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $318,198, expenses of $271,324 and total assets of $3,056,674 at year end.
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