Walden Environment Dba Walden Family Services

Nonprofit profile at a glance

EIN
942358632
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
San Diego, CA, USA
Phone
6195845777
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Foster Care

Official website

Reported finances

Revenue
$24,108,584
Expenses
$18,515,953
Assets
$13,713,335
Liabilities
$2,260,337

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

Leadership & pay

17 people listed

Executive titles in this filing

  • TERESA STIVERS (CEO)

Highest reported compensation

  • TERESA STIVERS (CEO): $192,139 total reported compensation
  • SUE EVANS (COO): $186,856 total reported compensation
  • DAVID KVENDRU (CFO): $169,255 total reported compensation

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

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.

What it reported doing in 2024

Walden proivde the following communtiy programs: first 5 san bernardino nurturing families program: providing parenting classes and case management to families throughout san bernarindo county.extended care/aftercare services: walden provides services to foster and former foster youth (18-21) throughout san bernadino county, including case managerment and employment and educational trainings.independent living skills (ils): walden provides weekly training classes for foster and probation youth for san bernardino county. Office of community partnerships & strategic communications (ocpsc) messaging grant: walden provides assistance to low-income and underserved communities to re-enforce efforts to protect the health and well-being of communities, and informational outreach programs as a trusted community messenger.mental health services: walden provide mental helath services to foster youth in riverside and san bernaridno counties. The clinics provide therapy, rehabilitation, and other appropriate services. Children and youth in need of mental health services in walden's other districts are referred to trusted community partners. Walden staffare preparing to provide family centered treatment, an evidence based practice, through a state capacity building rpogram.

Operating model

Revenue model
Grant-funded. 73% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.2%; rating input score 66
  • Program expense ratio: 86.1%; rating input score 86
  • Fundraising efficiency: $39.34 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 23.2%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 9% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 15.4% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 66.2% of revenue deployed · 86.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $15.9M in reported program spending
  • Leadership: top reported pay $192K · 17 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.