Walden Foundation INC FY2020 filing

Tax-deductible

Berkeley, CA501(c)(3)Since 1958EducationEIN 94-1464735Revenue $1.8M in FY2020

On file with the IRSwaldencenterschool.org2446 McKinley Ave, 94703-1928 · Berkeley, CATax-exempt since Mar 1961School — 170(b)(1)(A)(ii)

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Walden center and school is an independent , k-6 school where drama, music and art sit alongside traditional academic subjects as our core curriculum. Walden's philosophy of education incorporates the following principles (sch o):integrating arts and academics-artistic expression is an essential element of every child's education. Encouraging the whole child- children learn best when their academic, emotional, physical, and social needs are addressed concurrently. Seeing children as individuals- in designing and implementing curricula, we take an individualized approach in order to meet each child where he or she is developmentally. Teaching as a collective- the teachers run the school, which provides them with autonomy and flexibility in the classroom and direct participation in school-wide decision making. Our approach to learning encourages creativity, collaboration, and critical thinking as means to help children develop a lifelong love of learning, a strong sense of commmunity.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$109K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $4K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$109K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 16.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $174
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$724K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+12% vs prior year
Spent
$1.7M
To programs
86%
Net assets
$3.5M
By yearFY2019–FY2024
Revenue
$1.8M
FY2020▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2019$1.6M
FY2020$1.8M
FY2021$1.7M
FY2022$1.9M
FY2023$1.7M
FY2024$1.8M
FY2024$2.5M
Expenses
$1.7M
FY2020▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.8M
FY2020$1.7M
FY2021$1.7M
FY2022$1.8M
FY2023$1.8M
FY2024$1.8M
FY2024$1.8M
Net assets
$3.5M
FY2020▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2019$3.4M
FY2020$3.5M
FY2021$3.5M
FY2022$3.7M
FY2023$3.5M
FY2024$3.5M
FY2024$4.2M

From the FY2020 Form 990 (year ending August 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1961.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $1.4M Management & general 14% · $235K Fundraising 0% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $109K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Foundation Member
$61,245Pt VII · Sec A
Foundation Member
$47,663Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Foundation Member
$0Pt VII · Sec A
Foundation Member
$0Pt VII · Sec A
Foundation Member
$0Pt VII · Sec A
Foundation Member
$0Pt VII · Sec A

Debra Wong’s $74K as Foundation Member is at the 16th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Winona Johnson-Alexander$71,401$83,356$78,165$60,242——
Debra Wong$74,445$76,623$70,373$67,628$50,314$61,245
Jeff Grether$73,090$73,858——$63,916$47,663
Elise Wilks——————
Joline Barsanti$55,900$56,469$16,578———
Beth Baugh——————
Vickilee Edge——————
Harry Gray——————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers K-6 education using a developmental model, integrating arts and community.

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Provided by the organization

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1 program · $1.4M · in their own filed words · FY2019
01

Walden is an arts-integrated, progressive, teacher-run elementary school in berkeley, california. Our curriculum combines developmentally appropriate expectations with challenging units of study. The school's environment enhances each child's academic, emotional, social, and physical growth. Extended day-care is also provided.

$1.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$174

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.6M
Gifts and grantsLn 1h$198K
Investment incomeLn 3$27K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.4M
Managementcol C$235K
Fundraisingcol D$5K
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$4.3M
LiabilitiesLn 26$724K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$198K
Government grantsLn 1e$140K
Noncash giftsLn 1g$15K
Fundraising eventsLn 1c$15K
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$27K
Other incomeLn 4–11$12K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$230K
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.3M
Land, buildings, equipmentLn 10c$2.0M
Total assetsLn 16$4.3M
LiabilitiesLn 26$724K
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 531
VolunteersI 6156
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3.1M$2.3M
Land, buildings, equipmentLn 10c$1.2M$2.0M
Total assetsLn 16$4.3M$4.3M
LiabilitiesLn 26$858K$724K
Net assetsLn 32$3.4M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$353K$353K
Pay of current officers, directors and key staffLn 5$154K$154K
Other salaries and wagesLn 7$738K$611K$127K
Pension plan contributionsLn 8$12K$8K$4K
Other employee benefitsLn 9$109K$81K$28K
Payroll taxesLn 10$56K$47K$10K
Legal feesLn 11b$25K$25K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$10K$9K$670
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$25K$6K$15K$4K
Information technologyLn 14$4K$3K$518$229
OccupancyLn 16$37K$34K$3K
Conferences, conventions and meetingsLn 19$4K$2K$1K
Depreciation, depletion and amortizationLn 22$39K$29K$10K
InsuranceLn 23$28K$25K$3K
Other expenses (24a–d)Ln 24$73K$71K$2K$158
All other expensesLn 24e$7K$3K$4K
Total functional expensesLn 25$1.7M$1.4M$235K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.8M$1.8M−$7K$3.5M 990 PDF
FY2023 $1.7M$1.8M−$119K$3.5M 990 PDF
FY2022 $1.9M$1.8M$132K$3.7M 990 PDF
FY2021 $1.7M$1.7M−$362$3.5M 990 PDF
FY2020 Viewing $1.8M$1.7M$124K$3.5M 990 PDF
FY2019 $1.6M$1.8M−$152K$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,805,932 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $67,924$198,390
I-9 Program service revenuePrior year $1,468,427$1,568,873
I-10 Investment incomePrior year $58,578$26,600
I-11 Other revenuePrior year $15,442$12,069
I-12 Total revenuePrior year $1,610,371$1,805,932
I-13 Grants and similar amounts paidPrior year $307,317$353,290
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,065,706$1,068,900
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $389,092$259,582
I-18 Total expensesPrior year $1,762,115$1,681,772
I-19 Revenue less expensesPrior year −$151,744$124,160
Part VI · Governance 7 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,805,932 across 9 lines filed
VIII-1c Fundraising events$15,365
VIII-1e Government grants$140,000
VIII-1f All other contributions, gifts and grants$43,025
VIII-1g Noncash contributions (included above)$15,365
VIII-1h Total contributions, gifts and grants$198,390
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,568,873$1,568,873
VIII-3 Investment incomeExcluded from tax $26,600$26,600
VIII-8 Net income from fundraising eventsExcluded from tax $12,069$12,069
VIII-12 Total revenueRelated to mission $1,568,873 · Unrelated business $0 · Excluded from tax $38,669$1,805,932
Part IX · Statement of functional expenses $1,681,772 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $353,290$353,290
IX-5 Pay of current officers, directors and key staffPrograms $153,853$153,853
IX-7 Other salaries and wagesPrograms $611,250 · Management $126,655$737,905
IX-8 Pension plan contributionsPrograms $8,100 · Management $3,600$11,700
IX-9 Other employee benefitsPrograms $80,994 · Management $28,174$109,168
IX-10 Payroll taxesPrograms $46,615 · Management $9,659$56,274
IX-11b Legal feesManagement $25,213$25,213
IX-11c Accounting feesManagement $2,800$2,800
IX-11g Other fees for servicesPrograms $9,293 · Management $670$9,963
IX-12 Advertising and promotionPrograms $3,893$3,893
IX-13 Office expensesPrograms $5,663 · Management $15,033 · Fundraising $4,272$24,968
IX-14 Information technologyPrograms $3,318 · Management $518 · Fundraising $229$4,065
IX-16 OccupancyPrograms $34,345 · Management $3,088$37,433
IX-19 Conferences, conventions and meetingsPrograms $2,440 · Management $1,346$3,786
IX-22 Depreciation, depletion and amortizationPrograms $29,440 · Management $9,813$39,253
IX-23 InsurancePrograms $24,507 · Management $3,215$27,722
IX-24 Other expenses (24a–d)Programs $71,411 · Management $1,734 · Fundraising $158$73,303
IX-24e All other expensesPrograms $3,278 · Management $3,905$7,183
IX-25 Total functional expensesPrograms $1,441,690 · Management $235,423 · Fundraising $4,659$1,681,772
Part X · Balance sheet $4,260,647 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $170,550$230,473
X-2 Savings and temporary cash investmentsStart of year $2,884,934$2,032,472
X-4 Accounts receivableStart of year $5,659$5,231
X-9 Prepaid expenses and deferred chargesStart of year $31,035$26,274
X-10c Land, buildings and equipment, netStart of year $1,178,097$1,966,197
X-16 Total assetsStart of year $4,270,275$4,260,647
X-17 Accounts payable and accrued expensesStart of year $344,673$27,569
X-19 Deferred revenueStart of year $513,410$488,034
X-24 Unsecured notes and loans payable$208,692
X-26 Total liabilitiesStart of year $858,083$724,295
X-27 Net assets without donor restrictionsStart of year $1,897,389$2,722,879
X-28 Net assets with donor restrictionsStart of year $1,514,803$813,473
X-32 Total net assets or fund balancesStart of year $3,412,192$3,536,352
X-33 Total liabilities and net assetsStart of year $4,270,275$4,260,647
Part XI · Reconciliation of net assets $3,536,352 net assets at year end
XI-1 Total revenue$1,805,932
XI-2 Total expenses$1,681,772
XI-3 Revenue less expenses$124,160
XI-4 Net assets at start of year$3,412,192
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,536,352

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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