The Walden Woods Project

Nonprofit profile at a glance

EIN
954292658
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Lincoln, MA, USA
Phone
7812594700
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Official website

Reported finances

Revenue
$8,034,702
Expenses
$2,724,331
Assets
$46,651,702
Liabilities
$120,721

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DONALD HENLEY (PRESIDENT)

Highest reported compensation

  • KATHLEEN ANDERSON (SECRETARY/EXEC. DIRECTOR): $145,098 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See part 1, line 1

What it reported doing in 2024

Conservation & land managementthe walden woods project preserves and protects walden woods and thoreau country in recognition of their worldwide literary, historical, and environmental significance and their capacity to motivate others to protect the global environment and the ecologically/historically significant areas that exist in their own communities.the walden woods project owns and stewards nearly 200 acres of land that provides an important service to the public as a highly sought-after resource for passive recreation and education. The majority of our land is open to the public year-round, and our interpretive trails are used extensively by the general public and a wide variety of organized groups, including school groups, elder services groups, and tourists. Management activities include maintenance of existing trails, trail design, interpretation and construction, maintenance of trail head parking facilities, and ecological improvements intended to benefit wildlife and the natural value of our land.the project's land management programs support collaboration between a wide variety of civic and environmental groups.the walden woods project manages conservation restrictions on 53.9 acres of land, which prevents development of sites not owned in fee (total acres owned in fee: 130.3). Annual conservation restriction monitoring ensures that the protections prescribed in the conservation restrictions are in effect.the land we own and manage includes a certified organic farm that offers healthy, locally grown produce for public consumption and that hosts educational programming and volunteer service projects.in its capacity as the state-designated "friends of walden pond," the walden woods project partners with the Massachusetts department of conservation and recreation on fundraising for public programs and conservation initiatives at the walden pond state reservation.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 87
  • Accountability: 93
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.9%; rating input score 31
  • Program expense ratio: 80.5%; rating input score 80
  • Fundraising efficiency: $71.85 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 19th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 66.1%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 17.12; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 10.1% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 30.9% of revenue deployed · 80.5% of spending went to programs
  • Governance: 7 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $145K · 8 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.