Civic Intelligence

Walden Environment DBA Walden Family Services

990 • Fiscal year 2015 • EIN 94-2358632

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 29, 2016

8525 Gibbs DriveSan Diego, CA 92123

(619) 584-5777

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.31x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

30th percentile

0.08x

Higher debt load relative to revenue than 30% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

45th percentile

$108,757

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

94th percentile

55%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

17%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,585,976

Up $916,428 (+55%) from 2014

Net Assets

Up

$1,792,375

Up $609,106 (+51%) from 2014

Liabilities

Up

$793,601

Up $307,322 (+63%) from 2014

Revenue

Up

$9,982,077

Up $1,414,284 (+17%) from 2014

Expenses

Up

$9,372,971

Up $846,585 (+9.9%) from 2014

Net Income

Up

$609,106

Up $567,699 (+1371%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $1,206,131Liabilities 2011: $513,599Net Assets 2011: $692,5322011Assets 2012: $1,478,647Liabilities 2012: $557,208Net Assets 2012: $921,4392012Assets 2013: $1,615,146Liabilities 2013: $473,284Net Assets 2013: $1,141,8622013Assets 2014: $1,669,548Liabilities 2014: $486,279Net Assets 2014: $1,183,2692014Assets 2015: $2,585,976Liabilities 2015: $793,601Net Assets 2015: $1,792,3752015Assets 2016: $3,458,725Liabilities 2016: $877,542Net Assets 2016: $2,581,1832016Assets 2017: $4,215,032Liabilities 2017: $1,060,001Net Assets 2017: $3,155,0312017Assets 2018: $4,767,924Liabilities 2018: $1,151,380Net Assets 2018: $3,616,5442018Assets 2019: $5,011,667Liabilities 2019: $1,176,813Net Assets 2019: $3,834,8542019Assets 2020: $7,173,492Liabilities 2020: $2,460,766Net Assets 2020: $4,712,7262020Assets 2021: $7,781,775Liabilities 2021: $2,989,304Net Assets 2021: $4,792,4712021Assets 2022: $6,771,188Liabilities 2022: $1,760,592Net Assets 2022: $5,010,5962022Assets 2023: $7,959,151Liabilities 2023: $1,954,078Net Assets 2023: $6,005,0732023Assets 2025: $13,713,335Liabilities 2025: $2,260,337Net Assets 2025: $11,452,9982025

Highlighted filing

2015

Assets$2,585,976
Liabilities$793,601
Net Assets$1,792,375

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Expenses 2011: $5,965,9352011Expenses 2012: $5,651,8282012Revenue 2013: $7,404,189Expenses 2013: $7,183,766Net Income 2013: $220,4232013Revenue 2014: $8,567,793Expenses 2014: $8,526,386Net Income 2014: $41,4072014Revenue 2015: $9,982,077Expenses 2015: $9,372,971Net Income 2015: $609,1062015Revenue 2016: $11,735,860Expenses 2016: $10,947,072Net Income 2016: $788,7882016Revenue 2017: $13,097,087Expenses 2017: $12,671,849Net Income 2017: $425,2382017Revenue 2018: $14,221,991Expenses 2018: $13,760,478Net Income 2018: $461,5132018Revenue 2019: $7,417,866Expenses 2019: $7,220,925Net Income 2019: $196,9412019Revenue 2020: $17,130,901Expenses 2020: $16,266,155Net Income 2020: $864,7462020Revenue 2021: $17,948,073Expenses 2021: $17,868,328Net Income 2021: $79,7452021Revenue 2022: $18,083,359Expenses 2022: $17,806,287Net Income 2022: $277,0722022Revenue 2023: $17,552,365Expenses 2023: $16,600,913Net Income 2023: $951,4522023Revenue 2025: $24,108,584Expenses 2025: $18,515,953Net Income 2025: $5,592,6312025

Highlighted filing

2015

Revenue$9,982,077
Expenses$9,372,971
Net Income$609,106
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 29, 2016
Return Version
2015v2.0
Gross Receipts
$9,982,077
Mission and Program Overview

Mission

Walden environment dba walden family services ("walden") is a nonprofit organization formed in 1976 to provide advocacy, out-of-home placement, and treatment services for children unable to remain in their own homes due to abandonment, abuse, or neglect. Walden's goal is to help stabilize children, youth, and families through community-based prevention and intervention services. Walden is a therapeutic foster family and adoption agency engaged in the recruitment, certification, and training of foster and adoptive parents; the careful placement of foster and adoptive children; and housing and life skills programs for youth transitioning out of foster care. Walden's funding comes primarily from federal, state, and county welfare programs. Each year, walden provides services to roughly 1,478 children, youth, young adults, and families through an array of programs and services described here.

Walden is a foster family and adoption agency which is engaged in the recruitment, certification, and training of foster and adoptive parents, and the placement of foster and adoptive children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,164,427$1,617,674▲ $453,247
Cash and Non-Interest-Bearing Accounts$105,219$306,058▲ $200,839
Prepaid Expenses and Deferred Charges$159,265$187,015▲ $27,750
Savings and Temporary Cash Investments$39,145$166,599▲ $127,454
Land, Buildings, and Equipment, Net$33,196$64,003▲ $30,807
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,669,548$2,585,976▲ $916,428
Other Assets Total$168,296$244,627▲ $76,331
Liabilities
Accounts Payable and Accrued Expenses$432,187$684,776▲ $252,589
Other Liabilities$54,092$108,825▲ $54,733
Total Liabilities$486,279$793,601▲ $307,322
Net Assets / Fund Balance
Unrestricted Net Assets$1,064,584$1,693,380▲ $628,796
Temporarily Rstr Net Assets$118,685$98,995▼ $19,690
Total Net Assets Fund Balance$1,183,269$1,792,375▲ $609,106
Total Liabilities and Net Assets / Fund Balance$1,669,548$2,585,976▲ $916,428

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,893$67,272$114,165
Other Land Buildings$8,492$14,848$23,340
Leasehold Improvements$8,618$3,791$12,409
Other Assets Org$3,501--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sue EvansCOOFT$106,445$2,312$108,757
Teresa StiversCEOPT$44,864$61,724$106,588
Sue GarciaCFOFT$61,754$7,400$69,154

Board Members and Trustees

NameTitle
Arlene LiebermanChair
Leslie LevinsonVice Chair
Jaye ConnollyBoard Member
Lee Wills-irvineBoard Member
Rajah GaineyBoard Member
Jennifer ChavezSecretary
Maryanne CarlinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$203,057
Program Service Revenue
$9,778,926
Investment Income
$94
Other Revenue
$0
All Other Contributions
$203,057
Change in Net Assets
$609,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,102,947
Salaries, Compensation, and Employee Benefits$4,270,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,004,798$221,860-$3,226,658
Other Employee Benefits$458,332$93,121-$551,453
Occupancy$301,140$33,012-$334,152
All Other Expenses$198,626$64,534-$263,160
Payroll Taxes$225,875$26,234-$252,109
Current Officers, Directors, Trustees, and Key Employees$101,372$138,432-$239,804
Travel$143,220$3,445-$146,665
Insurance$98,884$6,528-$105,412
Fees for Services Other$94,110--$94,110
Office Expenses$38,147$37,196-$75,343
Other Expenses$63,672$10,475-$63,672
Conferences and Meetings$22,702$6,347-$29,049
Fees for Services Accounting$60$27,500-$27,560
Depreciation Depletion$9,609$12,862-$22,471
Advertising$11,107$1,752-$12,859
Total Functional Expenses$8,689,673$683,298$0$9,372,971
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Overpayments$108,825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The cfo reviews the 990 tax return for accuracy and then the ceo reviews and signs return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually each board member is required to sign a conflict of interest policy. Board members are requried to disclose any possible conflicts throughout the year and refrain from voting on any transaction or matter before the board in which a conflict or possible conflict exists.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

We have a compensation salary range guide for all job titles and new hires sign an offer letter detailing salary and benefits. We benchmark against the non-profit salary profiles. For the ceo, the board of directors makes hiring and compensation decisions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The public inspection copy of the organization's form 990, from the previous three years, will be available for inspection or copying at the organization's main office during normal business hours at no charge

Filing and Contact Details

Filer

Filer Name
Walden Environment Inc
EIN
94-2358632
Phone
6195845777
Address
8525 GIBBS DRIVE, SAN DIEGO, CA 92123

Signing Officer

Name
Teresa Stivers
Title
CEO
Signed
2016-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Stivers
Formed
1976
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
128
Volunteers
1

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108-3820
Preparer
Julie a Firl
Phone
6192947200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: First 5 Nurturing Parenting Program:Through a contract with First 5 San Bernardino, Walden offers Parenting Classes for teen parents with children 0-5 years old throughout San Bernardino County using the Nurturing Parenting Curriculum. The curriculum uses an evidenced-based philosophy to help parents enhance their parenting skills, and the classes are offered free of charge in locations across the county. OTHER PROGRAM SERVICES 5: Cal-Learn:Walden provides the Cal-Learn program in San Bernardino County, which provides case management services to assist pregnant and parenting teens receiving CalWORKS to attend and graduate from high school, or its equivalent. Coordinated services help teens obtain an education and access health and social services so that they can become self-sufficient adults and responsible parents. OTHER PROGRAM SERVICES 6: San Bernardino County Visitation Center:Through a contract with San Bernardino County, Waldens visitation centers in San Bernardino and Victorville provide a place for birth families to have supervised visits with their children. Walden provides visitation coaches to each birth family in order to give them the tools they need to help decrease their childs length of stay in foster care. Walden provides over 800 hours of visits each month. OTHER PROGRAM SERVICES 7: Transitional Housing Program + Foster Care (THP+FC):Walden was one of the first agencies in Southern California to offer THP+FC, a program that provides youth ages 18-21 with safe, affordable housing in a neighborhood of their choosing, comprehensive and individualized case management, life skills training, mentors, opportunities to make community connections, and goal-planning under AB12, the state law that enables youth to stay in foster care until age 21. Walden currently operates the program through our Riverside, Los Angeles and San Diego offices. OTHER PROGRAM SERVICES 8: Independent Futures Program:Walden created the pioneering Independent Futures Program in 2001 to assist Walden foster youth exiting foster care. This grant- and philanthropy-funded program serves over 70 pre- and post-emancipated foster youth. Funding made it possible for Walden to address core areas of young adult development: education, employment, financial literacy, health and wellness, housing and connections to adult mentors. Walden phased out at the end of 2015, and many youth who were eligible for this program are now referred to the Transitional Housing Program + Foster Care or Aftercare.

Financial Statement Notes

Part X : FIN48 Footnote

Walden Family Services is a public charitiy and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. Walden Family Services believes that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. Walden Family Services is not private foundations.The Organizations Return of Organization Exempt from Income Tax for the years ended December 31, 2015, 2014, 2013 and 2012 are subject to examination by the Internal Revenue Service and State taxing authorities, generally the three to four years after the returns were filed.

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IRS990/MissionDesc0Walden Environment dba Walden Family Services (Walden) was formed in 1976 as a nonprofit organization to provide advocacy, out of home placement, and treatment services for children unable to remain in their own homes due to abandonment, abuse, or neglect. Waldens goal is to help stabilize children, youth and families through community-based prevention and intervention services. Walden is a treatment-level foster family and adoption agency which is engaged in the recruitment, certification, and training of foster and adoptive parents, and the placement of foster and adoptive children. Waldens funding comes primarily from federal, state, and county welfare programs. Walden provided services to 473 unique foster care clients plus hundreds more children/youth/teens through our Adoptions, After Care, Cal Learn, AYA, Cal Learn, First 5 Nurturing Parenting programs, and Visitation Centers.
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IRS990/OtherExpensesGrp/Desc0FOSTER PARENT REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc1EMANCIPATED YOUTH
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP, LICENSES AND FEES
IRS990/OtherExpensesGrp/Desc3FOSTER PARENTS
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IRS990/ProgramServiceRevenueGrp/Desc0ADOPTION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM REVENUE
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IRS990/ProgSrvcAccomActy2Grp/Desc0Transitional Housing Program + Foster Care (THP+FC):Walden was one of the first agencies in Southern California to offer THP+FC, a program that provides youth ages 18-21 with safe, affordable housing in a neighborhood of their choosing, comprehensive and individualized case management, life skills training, mentors, opportunities to make community connections, and goal-planning under AB12, the state law that enables youth to stay in foster care until age 21. Walden currently operates the program through our Riverside, Los Angeles and San Diego offices.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02584188
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03073897
IRS990/ProgSrvcAccomActy3Grp/Desc0San Bernardino County Visitation Center:Through a contract with San Bernardino County, Waldens visitation centers in San Bernardino and Victorville provide a place for birth families to have supervised visits with their children. Walden provides visitation coaches to each birth family in order to give them the tools they need to help decrease their childs length of stay in foster care. Walden provides over 800 hours of visits each month.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$2.26$11.5$24.1$18.5$5.59
2023Summary only. Only limited summary data is available for this year.$7.96$1.95$6.01$17.6$16.6$0.95
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.77$1.76$5.01$18.1$17.8$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$2.99$4.79$17.9$17.9$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$2.46$4.71$17.1$16.3$0.86
2019Summary only. Only limited summary data is available for this year.$5.01$1.18$3.83$7.42$7.22$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$1.15$3.62$14.2$13.8$0.46
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$1.06$3.16$13.1$12.7$0.43
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.88$2.58$11.7$10.9$0.79
2015Detailed filing. Detailed filing data is available for this year.$2.59$0.79$1.79$9.98$9.37$0.61
2014Detailed filing. Detailed filing data is available for this year.$1.67$0.49$1.18$8.57$8.53$0.04
2013Summary only. Only limited summary data is available for this year.$1.62$0.47$1.14$7.40$7.18$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.56$0.92$5.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.51$0.69$5.97