2025-10-13T13:39:38-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2023-07-01 952663177 THE WALDEN SCHOOL OF CALIFORNIA WALD 6267926166 74 SOUTH SAN GABRIEL BOULEVARD PASADENA CA 91107 TERRA TOSCANO HEAD OF SCHOOL 6267926166 2025-10-10 1 1 KAREN LO P02141262 6267933600 2025-10-10 2023 2025-03-06 01:10:19Z TERRA TOSCANO 74 SOUTH SAN GABRIEL BOULEVARD PASADENA CA 91107 5914549 0 X WWW.WALDENSCHOOL.NET X 1970 CA THE SCHOOL PROVIDES EDUCATIONAL SERVICES FROM PRE-KINDERGARTEN THROUGH 6TH GRADE. 18 13 63 150 0 0 543394 378698 5076245 5329176 46690 75693 57720 83078 5724049 5866645 587698 665833 0 0 3285448 3636086 0 0 341912 1485920 1647223 5359066 5949142 364983 -82497 10383277 10483214 2432776 2470576 7950501 8012638 X WALDEN SCHOOL (THE "SCHOOL"), WAS FOUNDED AS A NON-PROFIT INDEPENDENT CO-EDUCATIONAL ELEMENTARY SCHOOL IN PASADENA, CALIFORNIA. THE SCHOOL NURTURES A CHILD'S NATURAL WONDER AND PERSONAL DIGNITY. A PERSONALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAM IS PROVIDED THAT ENCOURAGES RESPONSIBILITY, INITIATIVE, CHILD-LED INQUIRY, ETHICAL BEHAVIOR AND EXCELLENCE. THE SCHOOL PROMOTES POSITIVE CONFLICT- RESOLUTION SKILLS, UNDERSTANDING, AND CREATIVITY IN PROBLEM SOLVING. ACADEMIC SKILLS AND CONCEPTS ARE TAUGHT THROUGH EXPERIENCE AND SOCRATIC DISCUSSION, AS WELL AS THROUGH DIRECT INSTRUCTION AND PRACTICE. THE SCHOOL TEACHES CHILDREN TO VALUE AND RESPECT DIVERSITY. THE SCHOOL STRIVES, THEREFORE, TO LAY THE FOUNDATION FOR WISDOM, TO ENCOURAGE THE SPIRIT OF RENAISSANCE LEARNING, AND TO TEACH THAT WE HAVE STEWARDSHIP FOR THE WORLD IN WHICH WE LIVE. 0 0 3952428 665833 5329176 EDUCATE APPROXIMATELY 192 CHILDREN, DURING THE FISCAL YEAR 23-24 IN PRE-KINDERGARTEN THROUGH GRADE 6 IN TEN MULTI-AGE CLASSROOMS. 3952428 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 34 0 1 63 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X TERRA TOSCANO 6267926166 74 S SAN GABRIEL BLVD PASADENA CA 91107 TERRA TOSCANO HEAD OF SCHOOL 40.00 X X 223076 0 22631 GRACE PARK CUBAS TEACHER TRUSTEE 40.00 X 79403 0 13986 ELLA MORAN TEACHER TRUSTEE 40.00 X 74470 0 14154 NEIL SHAH BOARD PRESIDENT 1.00 X X 0 0 0 DONOVAN STEUTEL VICE PRESIDENT 1.00 X X 0 0 0 AVI OKON SECRETARY 1.00 X X 0 0 0 KATE BEYDA TREASURER 1.00 X X 0 0 0 JAY BHIMANI TREASURER 1.00 X X 0 0 0 CADY BURKHART PARENT TRUSTEE 1.00 X 0 0 0 WES CHIEN PARENT TRUSTEE 1.00 X 0 0 0 ROBERT DILANCHIAN PARENT TRUSTEE 1.00 X 0 0 0 ZACK DOMB PARENT TRUSTEE 1.00 X 0 0 0 LIZA KERRIGAN COMMUNITY TRUSTEE 1.00 X 0 0 0 MEREDITH MCDANIEL PARENT TRUSTEE 1.00 X 0 0 0 JAIME MOY PARENT TRUSTEE 1.00 X 0 0 0 MAX ROESSLER PARENT TRUSTEE 1.00 X 0 0 0 JAY SMITH PARENT TRUSTEE 1.00 X 0 0 0 NEAL WRIGHTSON COMMUNITY TRUSTEE 1.00 X 0 0 0 KEVIN D SULLIVAN DIRECTOR OF FINANCE 40.00 X 61889 0 0 BIRTHE LANDERER DIRECTOR OF ADVANCEMENT 40.00 X 101103 0 5055 539941 0 55826 2 0 1 0 ADVANCED IMPROVEMENTS 1200 N BARSTEN WAY ANAHEIM CA 92806 CONSTRUCTION 217000 1 53425 325273 378698 TUITION AND FEES 611600 5120920 5120920 AUXILIARY ACTIVITIES 611600 208256 208256 5329176 75693 75693 113942 53425 47904 66038 66038 OTHER INCOME 900099 12887 12887 PARENT GUILD 611600 4153 4153 17040 5866645 5329176 0 158771 665833 665833 472233 262640 184976 24617 2486111 1610671 680496 194944 121148 87450 25675 8023 356776 271072 78861 6843 199818 124235 61514 14069 53600 53600 56569 56569 5266 5266 158507 106828 23106 28573 4476 1119 3357 145466 58757 76438 10271 167080 47068 118736 1276 338926 254195 67785 16946 45005 3208 23695 18102 192104 144078 38421 9605 51999 38999 10400 2600 CLASSROOM & INSTRUCTION 314610 276275 32292 6043 OTHERS 91680 91680 ADMISSIONS 21935 21935 5949142 3952428 1654802 341912 3718394 2327209 1368262 2686398 96659 83580 54652 49706 8078771 3956144 4110709 4122627 1034601 1213694 10383277 10483214 488754 608322 1944022 1862254 2432776 2470576 X 6608840 6382267 1341661 1630371 7950501 8012638 10383277 10483214 -82497 144634 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1036601 24374 179093 1240068 925251 2000 109350 1036601 604330 500100 -179179 925251 474248 10200 119882 604330 474930 -682 474248 0.65670 0.34330 1 0 2713387 2713387 4095062 3122428 972634 956073 833716 122357 314249 314249 4122627 BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATION 1213694 1213694 X 5340180 144634 144634 5195546 5266 665833 671099 5866645 5278043 0 5278043 5266 665833 671099 5949142 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF PRIMARILY TWO INDIVDUAL FUNDS, INCLUDING THE JOEL AND RICKI ROBINSON ENDOWMENT FOR THE PROFESSIONAL DEVELOPMENT OF FACULTY AND THE EDWARD AND DOROTHY CALLETON SCHOLARSHIP FUND FOR FINANCIAL AID. PART X, LINE 2: THE SCHOOL HAS RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA INDICATING IT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE INTERNAL REVENUE CODE AND CALIFORNIA REVENUE TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 665,833. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 665,833. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS PART OF ITS MEMBERSHIP, THE SCHOOL IS LISTED IN THE NON-DISCRIMINATION NOTICE PLACED BY CAL-ISBOA IN VARIOUS NEWSPAPERS. SPRING FUNDRAISER 167367 53425 113942 40523 167367 53425 113942 40523 40523 73419 1 FINANCIAL AID 58 665833 FINANCIAL AID AWARDED TO STUDENTS PART I, LINE 2: FINANCIAL ASSISTANCE IS GRANTED TO STUDENTS BASED ON FINANCIAL NEED AS DETERMINED BY THE FINANCIAL AID COMMITTEE. THE AMOUNT OF THE GRANT IS APPLIED TO THE STUDENTS ACCOUNTS WHICH REDUCES THE BALANCE DUE FROM THEIR FAMILIES FOR TUITION. GRANTS ARE AWARDED ON A NON-DISCRIMINATORY BASIS. X X X 0 0 0 0 0 0 0 0 0 TERRA TOSCANO HEAD OF SCHOOL 223076 0 0 0 0 0 11603 0 11028 0 245707 0 0 0 BOARD MEMBERS 21720 FINANCIAL AID FORM 990, PART VI, SECTION A, LINE 1A DURING FISCAL YEAR 2024, THE EXECUTIVE COMMITTEE WAS COMPRISED WITH THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND A BOARD MEMBER. AS OUTLINED IN THE BOARD BYLAWS, THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT ON BEHALF OF THE FULL BOARD BETWEEN REGULAR BOARD MEETINGS ON MATTERS THAT REQUIRE IMMEDIATE ATTENTION, EXCEPT FOR ACTIONS SPECIFICALLY RESERVED TO THE FULL BOARD (SUCH AS APPROVING THE ANNUAL BUDGET, HIRING OR REMOVING THE HEAD OF SCHOOL, OR AMENDING THE BYLAWS). ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE ARE REPORTED TO THE FULL BOARD AT THE NEXT SCHEDULED BOARD MEETING FOR RATIFICATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THIS CORPORATION IS HELD BY (A) EACH AND EVERY PARENT OR LEGAL GUARDIAN OF A CHILD CURRENTLY ENROLLED IN THE WALDEN SCHOOL ("FAMILY MEMBERS"); (B) EACH AND EVERY STAFF MEMBER CURRENTLY EMPLOYED BY THE WALDEN SCHOOL ("STAFF MEMBERS"); AND (C) EACH AND EVERY MEMBER OF THE BOARD OF TRUSTEES OF THE WALDEN SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING, DULY NOMINATED PARENT, TEACHER AND COMMUNITY TRUSTEES SHALL BE CONFIRMED BY A VOTE OF THE MEMBERSHIP, AND ANY OTHER PROPER BUSINESS MAY BE TRANSACTED, SUBJECT TO SECTIONS 4(B)AND 5(B)OF ARTICLE VI OF THESE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE 990 IS REVIEWED BY THE FINANCE COMMITTEE BUT MUST PRESENT IT TO THE BOARD FOR THEIR REVIEW AND APPROVAL. THE 990 IS SIGNED BY THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF THE SCHOOL YEAR, MEMBERS OF THE BOARD COMPLETE AND SIGN THE CONFLICT-OF-INTEREST FORMS. THE FORMS ARE COLLECTED BY THE BOARD SECRETARY AND COPIES ARE FORWARDED TO THE HEAD OF SCHOOL. IF ANY CONFLICT IS REPORTED, THE HEAD OF SCHOOL DETERMINES WHETHER SAFEGUARDS NEED TO BE IMPLEMENTED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE HEAD OF SCHOOL IS HANDLED BY THE EXECUTIVE COMMITTEE. THE COMMITTEE USES NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) STATISTICS FOR BENCHMARKING AND COMPARABILITY EVALUATION. THE COMMITTEE SURVEYS THE BOARD AS TO THEIR OPINIONS REGARDING THE HEAD'S PERFORMANCE, VIS-A-VIS GOALS AND OBJECTIVES ESTABLISHED AT THE BEGINNING OF THE YEAR. THE RECOMMENDED SALARY INCREASE IS DETERMINED AT THE END OF THE YEAR AND THE BUSINESS OFFICE IS NOTIFIED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED.