Skip to content
Nonprofiteer
← WALLIN EDUCATION PARTNERS

Form 990 for tax year 2022

Filed by WALLIN EDUCATION PARTNERS.

Totals

Total revenue
$14,253,937
Total expenses
$8,954,082
Contributions and grants received
$14,086,579
Grants paid
$4,711,995
Program service revenue
$15,250
Investment income
$219,504
Other revenue
-$67,396
Total assets, end of year
$31,310,318
Total liabilities, end of year
$622,900
Net assets or fund balances, end of year
$30,687,418
Program services expenses (Part IX)
$7,642,125
Management and general expenses
$552,377
Fundraising expenses
$759,580
Program service expenses (Part III)
$7,642,125

Program services were 85.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $538,103

  • 1f · All other contributions, gifts and grants

    $13,548,476

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $15,250 · related or exempt $15,250

  • 3 · Investment income

    total $220,005 · excluded $220,005

  • 7a · Gross sales of assets other than inventory

    securities $295,968

  • 7b · Less cost or other basis and sales expenses

    securities $296,469

  • 7c · Gain or loss

    securities -$501

  • 7d · Net gain or loss

    total -$501 · excluded -$501

  • 8a · Fundraising events: gross income

    $42,965

  • 8a · Fundraising events: contributions included on line 1c

    $538,103

  • 8b · Fundraising events: direct expenses

    $110,361

  • 8c · Net income from fundraising events

    total -$67,396 · excluded -$67,396

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $4,711,995 · program services $4,711,995

  • 5 · Compensation of officers, directors and key employees

    total $451,120 · program services $313,410 · management and general $58,829 · fundraising $78,881

  • 7 · Other salaries and wages

    total $2,514,284 · program services $1,754,580 · management and general $306,509 · fundraising $453,195

  • 8 · Pension plan contributions

    total $34,868 · program services $23,533 · management and general $6,437 · fundraising $4,898

  • 9 · Other employee benefits

    total $197,246 · program services $133,124 · management and general $36,414 · fundraising $27,708

  • 10 · Payroll taxes

    total $215,266 · program services $153,451 · management and general $25,045 · fundraising $36,770

  • 11b · Fees: legal

    total $15,639 · management and general $15,639

  • 11c · Fees: accounting

    total $87,066 · program services $44,807 · management and general $28,115 · fundraising $14,144

  • 11d · Fees: lobbying

    total $30,489 · program services $19,376 · management and general $4,997 · fundraising $6,116

  • 11g · Fees: other

    total $174,823 · program services $131,564 · management and general $1,729 · fundraising $41,530

  • 12 · Advertising and promotion

    total $20,973 · program services $7,554 · management and general $857 · fundraising $12,562

  • 13 · Office expenses

    total $139,883 · program services $95,527 · management and general $18,954 · fundraising $25,402

  • 14 · Information technology

    total $178,390 · program services $113,368 · management and general $29,236 · fundraising $35,786

  • 17 · Travel

    total $3,497 · program services $3,103 · management and general $13 · fundraising $381

  • 19 · Conferences, conventions and meetings

    total $111,757 · program services $90,116 · management and general $8,020 · fundraising $13,621

  • 22 · Depreciation, depletion and amortization

    total $49,207 · program services $36,835 · management and general $5,448 · fundraising $6,924

  • 23 · Insurance

    total $9,498 · program services $7,272 · management and general $980 · fundraising $1,246

  • 24a · Other expenses: OTHER EXPENSE

    total $6,030 · program services $1,689 · management and general $4,341

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $2,051 · program services $821 · management and general $814 · fundraising $416

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $183,113 · end of year $24,439

  • 2 · Savings and temporary cash investments

    beginning of year $15,121,524 · end of year $19,019,188

  • 3 · Pledges and grants receivable

    beginning of year $10,184,630 · end of year $11,997,315

  • 4 · Accounts receivable

    beginning of year $23,646 · end of year $14,924

  • 9 · Prepaid expenses and deferred charges

    beginning of year $66,061 · end of year $73,981

  • 10a · Land, buildings and equipment: cost or other basis

    $165,973

  • 10b · Land, buildings and equipment: accumulated depreciation

    $79,024

  • 10c · Land, buildings and equipment, net

    beginning of year $96,557 · end of year $86,949

  • 15 · Other assets

    beginning of year $172,509 · end of year $93,522

  • 17 · Accounts payable and accrued expenses

    beginning of year $495,923 · end of year $529,378

  • 25 · Other liabilities

    beginning of year $172,509 · end of year $93,522

  • 27 · Net assets without donor restrictions

    beginning of year $1,484,828 · end of year $4,730,077

  • 28 · Net assets with donor restrictions

    beginning of year $23,694,780 · end of year $25,957,341

Mission and programs · 2022

Mission

TO ENSURE COLLEGE AND CAREER SUCCESS FOR HIGH POTENTIAL STUDENTS FROM LOW-INCOME BACKGROUNDS, AND THROUGH OUR EFFORTS HELP BUILD DIVERSE, EQUITABLE AND VIBRANT COMMUNITIES. WE DO THIS THROUGH A COMPREHENSIVE MODEL OF FINANCIAL AID AND HOLISTIC SUPPORT, AND COLLABORATION WITH OUR BUSINESS, EDUCATION, COMMUNITY, AND PHILANTHROPIC PARTNERS.

  • WALLIN EDUCATION PARTNERS' ACTIVITIES FOCUS ON BREAKING DOWN THE BARRIERS TO ECONOMIC OPPORTUNITY AND ACADEMIC SUCCESS FACED BY LOW-INCOME STUDENTS. WALLIN EDUCATION PARTNERS (WALLIN) IS THE ONLY PROGRAM IN MINNESOTA THAT PROVIDES A HOLISTIC COMBINATION OF STUDENT SUPPORTS--SPANNING FINANCIAL AID, COMPREHENSIVE ADVISING, WRAP-AROUND SERVICES, AND CAREER PLACEMENT--TO ENSURE SUCCESS THROUGHOUT COLLEGE. IN FY2023 WE WELCOMED 449 NEW STUDENTS INTO OUR PROGRAMS. 91% ARE STUDENTS OF COLOR AND 76% ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. THE MAJORITY OF WALLIN SCHOLARS ARE ENROLLED IN A FOUR-YEAR PROGRAM, CURRENTLY TOTALING 1,217 PARTICIPANTS. THE SIX-YEAR GRADUATION RATE FOR THESE SCHOLARS IS 84% COMPARED TO A 64% GRADUATION RATE FOR ALL STUDENTS NATIONALLY. WALLIN PROGRAMS INCLUDE: SCHOLAR ADVISOR PROGRAM: SCHOLARS RECEIVE COLLEGE AND CAREER ADVISING FROM A WALLIN ADVISOR. THE SCHOLAR-ADVISOR RELATIONSHIP BEGINS WHEN A STUDENT IS ADMITTED INTO OUR PROGRAM DURING THEIR SENIOR YEAR IN HIGH SCHOOL AND CONTINUES UNTIL THEY GRADUATE COLLEGE AND OFTEN WELL BEYOND GRADUATION. STUDENTS AND ADVISORS MEET SIX TO EIGHT TIMES PER YEAR TO CHECK IN ON PROGRESS, DEVELOP GOALS, AND ADDRESS EACH STUDENT'S NEEDS. FINANCIAL AID: SCHOLARS RECEIVE FINANCIAL AID DISTRIBUTED TERM-BY-TERM THROUGHOUT COLLEGE. FUNDS ARE ADMINISTERED DIRECTLY TO COLLEGES AND UNIVERSITIES, PROVIDED THE STUDENT MEETS MINIMUM GPA REQUIREMENTS AND REMAINS ON TRACK FOR GRADUATION. OUR LONG-STANDING RELATIONSHIPS WITH OUR PARTNER COLLEGES HELP US TO LEVERAGE ADDITIONAL FINANCIAL RESOURCES TO ENSURE THAT OUR FUNDING DOES NOT REPLACE INSTITUTIONAL FUNDING. COLLEGE-TO-CAREER: WALLIN IS BUILDING A SCALABLE AND SUSTAINABLE COLLEGE-TO-CAREER PROGRAM THAT SUPPORTS STUDENTS IN THE AREAS OF CAREER DISCERNMENT AND EXPLORATION, CORE SKILL DEVELOPMENT, SECURING INTERNSHIPS AND APPRENTICESHIPS, TRANSLATING THESE EXPERIENCES INTO FULL-TIME JOB OPPORTUNITIES, AND ALUMNI SUPPORT. IN ADDITION TO THE ROBUST COLLEGE-TO-CAREER PROGRAMMING EMBEDDED IN OUR CORE MODEL, WE ALSO HOST A NUMBER OF CAREER DEVELOPMENT EVENTS. OUR SIGNATURE EVENT IS THE WALLIN CAREER FAIR. STUDENTS CAN PARTICIPATE IN A RESUME TIPS AND TRICKS/CAREER FAIR BEST PRACTICES SESSION PRIOR TO THE FAIR. ON THE DAY OF THE FAIR, WE ALSO PROVIDE A PREP SESSION THAT GUIDES SCHOLARS ON HOW TO MAXIMIZE THEIR TIME IN THE FAIR, PRACTICE THEIR PERSONAL ELEVATOR PITCH AND MAKE LIFE-CHANGING CONNECTIONS WITH EMPLOYERS. OVER THE PAST YEAR, WE HELD 5 CAREER-FOCUSED EVENTS FOR OUR SCHOLARS AND 2 FOR OUR ALUMNI.OPPORTUNITY PATHWAYS (OP): AT WALLIN, WE KNOW THAT COLLEGE AND CAREER SUCCESS DOES NOT LOOK THE SAME FOR EVERYONE. OP PROVIDES ANOTHER PATHWAY FOR SCHOLARS HEADED TO A COMMUNITY COLLEGE. SCHOLARS RECEIVE THE SAME HOLISTIC SUPPORT OUR TRADITIONAL PROGRAM USES TO INCREASE ACCESS TO CAREER-READY PROGRAMS AND INCREASED GRADUATION RATES FOR OUR OP STUDENTS. CURRENTLY, 239 STUDENTS PARTICIPATE IN THIS PROGRAM. HIGHLIGHTS: - WE ARE CURRENTLY SERVING 1,456 STUDENTS. - OVER 6,000 STUDENTS HAVE RECEIVED SUPPORT SINCE 1992. - WE PARTNER WITH 68 HIGH SCHOOLS. - NEARLY 40% OF OUR SCHOLARS GRADUATE WITH NO DEBT. AVERAGE DEBT FOR WALLIN SCHOLARS IS AROUND $9,000, 1/4 OF THE $36,000 AVERAGE COLLEGE STUDENT. - THE ALUMNI BOARD ORGANIZES APPROXIMATELY 10 ALUMNI-ENGAGEMENT EVENTS EACH YEAR. - WE LAUNCHED NEW PATHWAYS FOR SCHOLARS PURSUING MEDICAL TECHNOLOGY AND CONSTRUCTION MANAGEMENT DEGREES THAT INCLUDE PROFESSIONAL MENTORING, INTERNSHIPS, AND DIRECT CAREER OPPORTUNITIES FOR OUR TWO-YEAR SCHOLARS.

    Expenses $7,642,125 · Grants $4,711,995 · Revenue $15,250

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Susan Basil-King

    PRESIDENT & CEO

    Total calculated
    $276,354
    From this org
    $247,750
    From related orgs
    $0
    Other
    $28,604
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,750
    Bonus
    $0
    Other
    $0
    Deferred
    $27,000
    Nontaxable benefits
    $1,604
    Filer's total
    $276,354

  • Stela Center

    DEPUTY DIRECTOR

    Total calculated
    $163,346
    From this org
    $143,086
    From related orgs
    $0
    Other
    $20,260
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,086
    Bonus
    $0
    Other
    $0
    Deferred
    $12,497
    Nontaxable benefits
    $7,763
    Filer's total
    $163,346

  • Melissa Pfeiffer

    DIRECTOR OF FINANCE

    Total calculated
    $174,766
    From this org
    $142,218
    From related orgs
    $0
    Other
    $32,548
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,218
    Bonus
    $0
    Other
    $0
    Deferred
    $25,789
    Nontaxable benefits
    $6,759
    Filer's total
    $174,766

  • Kevin Salkas

    DIRECTOR OF ENROLLMENT AND ANALYTICS

    Total calculated
    $119,494
    From this org
    $110,952
    From related orgs
    $0
    Other
    $8,542
    Hours/week
    40

  • Mohamed Sallam

    DIRECTOR OF SCHOLAR PROGRAMS

    Total calculated
    $133,865
    From this org
    $126,583
    From related orgs
    $0
    Other
    $7,282
    Hours/week
    40

  • Geoffrey Wilson

    SENIOR DIRECTOR OF STRATEGIC INITIATIVES

    Total calculated
    $159,279
    From this org
    $142,411
    From related orgs
    $0
    Other
    $16,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,411
    Bonus
    $0
    Other
    $0
    Deferred
    $15,665
    Nontaxable benefits
    $1,203
    Filer's total
    $159,279

  • Katie Lawler

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Kelly Henry

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Kaleb Rumicho

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Christensen

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Rolando Garcia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Stephen R Lewis Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Bradford W Wallin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Hawn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Susan Heegaard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Darren Jackson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Becky Malkerson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Helen Meyer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Astein Osei

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Cathryn Baker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Marcus Pope

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
17 January 2024
IRS schema version
2022v5.0
Source object
202440439349302059

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.