Totals
- Total revenue
- $9,940,243
- Total expenses
- $10,744,526
- Contributions and grants received
- $8,935,076
- Grants paid
- $5,480,091
- Program service revenue
- $15,000
- Investment income
- $990,167
- Other revenue
- $0
- Total assets, end of year
- $35,104,167
- Total liabilities, end of year
- $666,135
- Net assets or fund balances, end of year
- $34,438,032
- Program services expenses (Part IX)
- $8,918,660
- Management and general expenses
- $739,288
- Fundraising expenses
- $1,086,578
- Program service expenses (Part III)
- $8,918,660
Program services were 83.0% 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.
-
1e · Government grants (contributions)
$36,648
-
1f · All other contributions, gifts and grants
$8,898,428
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $15,000 · related or exempt $15,000
-
3 · Investment income
total $656,815 · excluded $656,815
-
7a · Gross sales of assets other than inventory
securities $14,228,037
-
7b · Less cost or other basis and sales expenses
securities $13,894,685
-
7c · Gain or loss
securities $333,352
-
7d · Net gain or loss
total $333,352 · excluded $333,352
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,480,091 · program services $5,480,091
-
5 · Compensation of officers, directors and key employees
total $443,520 · program services $177,408 · management and general $147,829 · fundraising $118,283
-
7 · Other salaries and wages
total $3,239,237 · program services $2,209,935 · management and general $347,552 · fundraising $681,750
-
8 · Pension plan contributions
total $91,513 · program services $72,496 · management and general $8,728 · fundraising $10,289
-
9 · Other employee benefits
total $272,724 · program services $206,322 · management and general $30,401 · fundraising $36,001
-
10 · Payroll taxes
total $285,054 · program services $187,740 · management and general $38,046 · fundraising $59,268
-
11b · Fees: legal
total $8,092 · management and general $8,092
-
11c · Fees: accounting
total $19,460 · management and general $19,460
-
11d · Fees: lobbying
total $31,775 · program services $31,775
-
11g · Fees: other
total $163,303 · program services $64,845 · management and general $38,618 · fundraising $59,840
-
12 · Advertising and promotion
total $20,514 · program services $650 · management and general $267 · fundraising $19,597
-
13 · Office expenses
total $48,581 · program services $33,809 · management and general $5,790 · fundraising $8,982
-
14 · Information technology
total $175,850 · program services $124,805 · management and general $24,384 · fundraising $26,661
-
16 · Occupancy
total $92,310 · program services $64,241 · management and general $11,001 · fundraising $17,068
-
17 · Travel
total $13,581 · program services $12,838 · management and general $643 · fundraising $100
-
19 · Conferences, conventions and meetings
total $148,667 · program services $110,642 · management and general $4,758 · fundraising $33,267
-
22 · Depreciation, depletion and amortization
total $32,391 · program services $23,743 · management and general $4,178 · fundraising $4,470
-
23 · Insurance
total $10,596 · program services $7,767 · management and general $1,367 · fundraising $1,462
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $106,465 · program services $82,456 · management and general $20,402 · fundraising $3,607
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $55,156 · program services $22,904 · management and general $26,757 · fundraising $5,495
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $5,646 · program services $4,193 · management and general $1,015 · fundraising $438
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $74,011 · end of year $1,995,986
-
2 · Savings and temporary cash investments
beginning of year $23,641,211 · end of year $108,350
-
3 · Pledges and grants receivable
beginning of year $11,537,307 · end of year $8,927,284
-
4 · Accounts receivable
beginning of year $62,945 · end of year $103,122
-
9 · Prepaid expenses and deferred charges
beginning of year $53,998 · end of year $69,709
-
10a · Land, buildings and equipment: cost or other basis
$181,140
-
10b · Land, buildings and equipment: accumulated depreciation
$156,020
-
10c · Land, buildings and equipment, net
beginning of year $41,521 · end of year $25,120
-
11 · Investments: publicly traded securities
end of year $23,691,428
-
15 · Other assets
beginning of year $263,718 · end of year $183,168
-
17 · Accounts payable and accrued expenses
beginning of year $397,122 · end of year $481,352
-
25 · Other liabilities
beginning of year $263,718 · end of year $184,783
-
27 · Net assets without donor restrictions
beginning of year $5,126,618 · end of year $5,374,013
-
28 · Net assets with donor restrictions
beginning of year $29,887,253 · end of year $29,064,019
Mission and programs · 2024
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' (WALLIN) ACTIVITIES FOCUS ON BREAKING DOWN THE BARRIERS TO ECONOMIC OPPORTUNITY AND ACADEMIC SUCCESS FACED BY UNDER-RESOURCED STUDENTS. WALLIN IS THE ONLY PROGRAM IN MINNESOTA THAT PROVIDES A HOLISTIC COMBINATION OF STUDENT SUPPORT - FINANCIAL AID, INDIVIDUALIZED ADVISING, PERSONALIZED WRAPAROUND SERVICES, AND CAREER DEVELOPMENT - TO ENSURE SUCCESS THROUGHOUT COLLEGE AND LAUNCH MEANINGFUL CAREERS. WE SUPPORTED 1,744 ACTIVE WALLIN SCHOLARS IN FY2025, 89% OF WHICH ARE STUDENTS OF COLOR AND 78% ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. WALLIN PROGRAMS INCLUDE: SCHOLAR ADVISING: 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 BEYOND. FIRST YEAR STUDENTS AND ADVISORS MEET SIX TO EIGHT TIMES TO CHECK IN ON PROGRESS, DEVELOP GOALS, AND ADDRESS EACH STUDENT'S NEEDS AS THEY CONTINUE TO MEET THROUGHOUT THE SCHOLAR'S TENURE. CURRENTLY, THE SIX YEAR GRADUATION RATE FOR WALLIN SCHOLARS COMPLETING A BACHELORS PROGRAM IS 87% COMPARED TO A 65% GRADUATION RATE FOR ALL STUDENTS NATIONALLY. WALLIN CONTINUES TO DEVELOP PROGRAMMING FOR OUR TWO-YEAR STUDENTS AND SHOW A 66% GRADUATION RATE WITH THE MOST-RECENTLY COMPLETED COHORT COMPARED TO A 35% GRADUATION RATE FOR COMMUNITY COLLEGE STUDENTS IN MINNESOTA. 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 LONGSTANDING RELATIONSHIPS WITH OUR PARTNER COLLEGES HELP US TO LEVERAGE ADDITIONAL FINANCIAL RESOURCES TO ENSURE THAT OUR FUNDING DOES NOT REPLACE INSTITUTIONAL FUNDING. CAREER SERVICES: WITH THE ADDITION OF THE UPTURNSHIPS PROGRAM IN FY2024, WALLIN EXPANDED CAREER DEVELOPMENT SERVICES THAT PROVIDE SUPPORT TO STUDENTS IN THE AREAS OF CAREER DISCERNMENT AND EXPLORATION, CORE PROFESSIONAL SKILLS DEVELOPMENT, SECURING INTERNSHIPS AND APPRENTICESHIPS, DIRECT ACCESS TO CORPORATE PARTNERS' WORKFORCE PIPELINES, AND ALUMNI SUPPORT. BY WAY OF THESE SUPPORT AREAS, WALLIN PROVIDED CAREER SERVICES TO 266 STUDENTS, PLACED SCHOLARS IN 60 INTERNSHIP OPPORTUNITIES, AND HAD 20 CORPORATE PARTNERS AND 239 STUDENTS ATTENDING THE WALLIN CAREER FAIR. IN ADDITION TO THE ROBUST CAREER PROGRAMMING EMBEDDED IN OUR CORE MODEL, WE ALSO HOSTED NINE CAREER WORKSHOPS AND TWO EMPLOYER SITE VISITS. PATHWAYS AND PARTNERS: WALLIN IS EXPANDING OUR PROGRAM WITH UNIQUE PATHWAYS THROUGH SCHOLARSHIPS THAT BRIDGE EDUCATION AND WORKFORCE NEEDS IN HIGH DEMAND FIELDS SUCH AS HEALTH CARE, SOCIAL WORK, TECHNOLOGY, AND CONSTRUCTION MANAGEMENT. THROUGH INNOVATIVE PARTNERSHIPS WITH COMPANIES, THESE PATHWAYS OFFER STUDENTS AN OPPORTUNITY TO GAIN VALUABLE EXPERIENCE AND MENTORSHIP, WHILE PREPARING FOR A FULL-TIME CAREER IN THEIR FIELD OF STUDY. FORTY-TWO SCHOLARS PARTICIPATED IN A PATHWAY PROGRAM IN FY2025. OPPORTUNITY PATHWAYS (OP): AT WALLIN, WE KNOW 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, 382 STUDENTS PARTICIPATE IN THIS PROGRAM. HIGHLIGHTS: -WE ARE CURRENTLY SERVING 1,744 STUDENTS. -OVER 6,500 STUDENTS HAVE RECEIVED SUPPORT SINCE 1992. -WE PARTNER WITH 78 HIGH SCHOOLS. -65% OF OUR 4-YEAR GRADUATING SCHOLARS REPORTED NO DEBT COMPARED TO MINNESOTA'S 40%. -THE AVERAGE DEBT FOR WALLIN 4-YEAR SCHOLARS IS AROUND $5,000, ROUGHLY 1/4 OF THE $24,000 AVERAGE COLLEGE STUDENT IN MINNESOTA.
Expenses $8,918,660 · Grants $5,480,091 · Revenue $15,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mohamed SallamMOHAMED SALLAM
PRESIDENT & CEO
- Total calculated
- $240,337
- From this org
- $232,148
- From related orgs
- $0
- Other
- $8,189
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $232,148
- Bonus
- $0
- Other
- $0
- Deferred
- $7,112
- Nontaxable benefits
- $1,077
- Filer's total
- $240,337
-
Melissa PfeifferMELISSA PFEIFFER
VICE PRESIDENT OF FINANCE & OPERATIONS
- Total calculated
- $188,027
- From this org
- $172,544
- From related orgs
- $0
- Other
- $15,483
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,544
- Bonus
- $0
- Other
- $0
- Deferred
- $6,496
- Nontaxable benefits
- $8,987
- Filer's total
- $188,027
-
Erin ZondervanERIN ZONDERVAN
VICE PRESIDENT OF ADVANCEMENT
- Total calculated
- $151,696
- From this org
- $144,363
- From related orgs
- $0
- Other
- $7,333
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,363
- Bonus
- $0
- Other
- $0
- Deferred
- $5,828
- Nontaxable benefits
- $1,505
- Filer's total
- $151,696
-
Kevin SalkasKEVIN SALKAS
VICE PRESIDENT OF ENROLLMENT & ANALYTICS
- Total calculated
- $140,447
- From this org
- $129,527
- From related orgs
- $0
- Other
- $10,920
- Hours/week
- 40
-
La Tasha ShevlinLA TASHA SHEVLIN
DIRECTOR OF CAREER DEVELOPMENT
- Total calculated
- $125,658
- From this org
- $118,975
- From related orgs
- $0
- Other
- $6,683
- Hours/week
- 40
-
Geoffrey WilsonGEOFFREY WILSON
CHIEF STRATEGY & IMPACT OFFICER
- Total calculated
- $123,031
- From this org
- $117,692
- From related orgs
- $0
- Other
- $5,339
- Hours/week
- 40
-
Tasia TigueTASIA TIGUE
VICE PRESIDENT OF PROGRAMS
- Total calculated
- $122,544
- From this org
- $113,058
- From related orgs
- $0
- Other
- $9,486
- Hours/week
- 40
-
Kelly HenryKELLY HENRY
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kaleb RumichoKALEB RUMICHO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mark ChristensonMARK CHRISTENSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Helen MeyerHELEN MEYER
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
William FehrenbachWILLIAM FEHRENBACH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephen FriendSTEPHEN FRIEND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Rolando GarciaDR ROLANDO GARCIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Katie LawlerKATIE LAWLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth MalkersonELIZABETH MALKERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Irma Marquez TraperoIRMA MARQUEZ TRAPERO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim McCorkellJIM MCCORKELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Liwanag OjalaLIWANAG OJALA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Gabe PhilibertGABE PHILIBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel ShannonDANIEL SHANNON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Bradford WallinBRADFORD WALLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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
- 2024
- Filed
- 21 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533589349300303
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