The Walden School Inc
- Assets
- $2.0m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 30
- Location
- Media, PA
- Founding
- 10/1969
- Data as of
- 06/2022
- EIN
- 23-1713166
Organization Overview
The Walden School Inc is located in Media, PA. The organization was established in 1969. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Walden School Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walden School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Walden School Inc generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WALDEN SCHOOL ENGAGES IN THE EDUCATION OF PRESCHOOL THROUGH 8TH GRADE CHILDREN USING A MONTESSORI BASED PHILOSOPHY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MONTESSORI PRESCHOOL/KINDERGARTEN IS MOST COMPREHENSIVELY DESCRIBED AS FREEDOM IN A PREPARED ENVIRONMENT. FOLLOWING THE PRINCIPLES OF ORDER, BEAUTY, AND SIMPLICITY, THIS ENVIRONMENT IS PREPARED WITH MATERIALS DESIGNED BY MARIA MONTESSORI TO ACCOMMODATE EACH DEVELOPMENTAL STAGE. CHILDREN LEARN ACCORDING TO THEIR OWN PERIODS OF INTEREST AND READINESS. WHILE THERE IS RESPECT FOR THE CHILD'S INDIVIDUALISM, THE ENVIRONMENT IN WHICH HE OPERATES IS WELL STRUCTURED, PROVIDING OPPORTUNITIES FOR ACTIVE LEARNING, DEVELOPMENT OF SELF-DISCIPLINE, BUILDING OF SELF-CONFIDENCE, AND RESPONSIBLE SOCIAL BEHAVIOR.THE WALDEN SCHOOL'S ELEMENTARY AND MIDDLE SCHOOL EMBRACES A GUIDING PHILOSOPHY THAT BLENDS MONTESSORI VALUES WITH 21ST CENTURY SKILLS. STUDENTS IN THE ELEMENTARY AND MIDDLE SCHOOL PROGRAM AT WALDEN ARE ACTIVE PARTICIPANTS IN THEIR LEARNING AS TEACHERS CONSISTENTLY CREATE AND RE-CREATE TO INDIVIDUALIZE INSTRUCTION IN A RESPONSIVE AND RESPECTFUL CLASSROOM COMMUNITY. CHILDREN MOVE NATURALLY BETWEEN INDEPENDENCE AND INTER-DEPENDENCE AS NEEDED AND ARE CONSISTENTLY CHALLENGED TO ACHIEVE THEIR BEST. ACTIVE PARTICIPATION IN THE COMMUNITY PREPARES STUDENTS TO PARTICIPATE AS CRITICALLY THINKING AND CARING CITIZENS OF THE EVER-CHANGING WORLD.THE GUIDING PRINCIPLES OF COLLABORATION AND PEACEFUL CONFLICT RESOLUTION READY WALDEN STUDENTS TO BE LEADERS IN THE 21ST CENTURY. TEACHING AND LEARNING AT WALDEN IS JOYFUL AND ENGAGING. STUDENTS WHO GRADUATE ARE CONFIDENT, RESPONSIBLE, AND LOVE LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Neubert President | OfficerTrustee | 2 | $0 |
Steve Kirkpatrick Vice President | OfficerTrustee | 2 | $0 |
Penny Joines Secretary | OfficerTrustee | 2 | $0 |
Michael Ferry Treasurer | OfficerTrustee | 2 | $0 |
Nicole Almonte Trustee | Trustee | 2 | $0 |
Tori Hoffman Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,890 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,975 |
| Total Program Service Revenue | $2,058,248 |
| Investment income | $12,226 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,800 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,216,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $130,720 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,475 |
| Compensation of current officers, directors, key employees. | $12,556 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,183,517 |
| Pension plan accruals and contributions | $29,355 |
| Other employee benefits | $155,681 |
| Payroll taxes | $99,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,785 |
| Advertising and promotion | $13,056 |
| Office expenses | $43,937 |
| Information technology | $27,015 |
| Royalties | $0 |
| Occupancy | $28,532 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,657 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,471 |
| Insurance | $24,900 |
| All other expenses | $15,838 |
| Total functional expenses | $2,131,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250 |
| Savings and temporary cash investments | $191,527 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,629 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,311 |
| Net Land, buildings, and equipment | $1,510,128 |
| Investments—publicly traded securities | $227,313 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,960,158 |
| Accounts payable and accrued expenses | $109,263 |
| Grants payable | $0 |
| Deferred revenue | $48,535 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $627,987 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $785,785 |
| Net assets without donor restrictions | $1,053,343 |
| Net assets with donor restrictions | $121,030 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,960,158 |