2025-12-24T08:54:42-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-07-01 208505156 WALLIN EDUCATION PARTNERS WALL 9523451920 451 LEXINGTON PARKWAY N 100 ST PAUL MN 55104 MOHAMED SALLAM PRESIDENT AND CEO 9523451920 2025-12-21 1 1 MIKE HINSCH P01875343 6123764500 2025-12-21 2024 2025-03-06 01:10:19Z MOHAMED SALLAM 451 LEXINGTON PARKWAY N 100 ST PAUL MN 55104 23834928 0 X WWW.WALLINPARTNERS.ORG X 2006 MN 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. 15 15 54 146 0 0 13348497 8935076 0 15000 1078186 990167 0 0 14426683 9940243 5343983 5480091 0 0 3805678 4332048 1475 0 1086578 1018067 932387 10169203 10744526 4257480 -804283 35674711 35104167 660840 666135 35013871 34438032 X 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. 0 0 8918660 5480091 15000 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. 8918660 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 63 0 1 54 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X MOHAMED SALLAM 9523451920 451 LEXINGTON PARKWAY N SUITE 100 ST PAUL MN 55104 MOHAMED SALLAM PRESIDENT & CEO 40.00 X 232148 0 8189 MELISSA PFEIFFER VICE PRESIDENT OF FINANCE & OPERATIONS 40.00 X 172544 0 15483 ERIN ZONDERVAN VICE PRESIDENT OF ADVANCEMENT 40.00 X 144363 0 7333 KEVIN SALKAS VICE PRESIDENT OF ENROLLMENT & ANALYTICS 40.00 X 129527 0 10920 LA TASHA SHEVLIN DIRECTOR OF CAREER DEVELOPMENT 40.00 X 118975 0 6683 GEOFFREY WILSON CHIEF STRATEGY & IMPACT OFFICER 40.00 X 117692 0 5339 TASIA TIGUE VICE PRESIDENT OF PROGRAMS 40.00 X 113058 0 9486 KELLY HENRY CHAIR 1.00 X X 0 0 0 KALEB RUMICHO VICE CHAIR 1.00 X X 0 0 0 MARK CHRISTENSON TREASURER 1.00 X X 0 0 0 HELEN MEYER SECRETARY 0.50 X X 0 0 0 WILLIAM FEHRENBACH TRUSTEE 0.50 X 0 0 0 STEPHEN FRIEND TRUSTEE 0.50 X 0 0 0 DR ROLANDO GARCIA TRUSTEE 0.50 X 0 0 0 KATIE LAWLER TRUSTEE 0.50 X 0 0 0 ELIZABETH MALKERSON TRUSTEE 0.50 X 0 0 0 IRMA MARQUEZ TRAPERO TRUSTEE 0.50 X 0 0 0 JIM MCCORKELL TRUSTEE 0.50 X 0 0 0 LIWANAG OJALA TRUSTEE 0.50 X 0 0 0 GABE PHILIBERT TRUSTEE 0.50 X 0 0 0 DANIEL SHANNON TRUSTEE 0.50 X 0 0 0 BRADFORD WALLIN TRUSTEE 1.00 X 0 0 0 1028307 0 63433 7 0 1 0 0 36648 8898428 8935076 PROGRAM SERVICE FEES 900099 15000 15000 15000 656815 656815 14228037 13894685 333352 333352 333352 9940243 15000 0 990167 5480091 5480091 443520 177408 147829 118283 3239237 2209935 347552 681750 91513 72496 8728 10289 272724 206322 30401 36001 285054 187740 38046 59268 8092 8092 19460 19460 31775 31775 163303 64845 38618 59840 20514 650 267 19597 48581 33809 5790 8982 175850 124805 24384 26661 92310 64241 11001 17068 13581 12838 643 100 148667 110642 4758 33267 32391 23743 4178 4470 10596 7767 1367 1462 MISCELLANEOUS EXPENSE 106465 82456 20402 3607 PROFESSIONAL DEVELOPMEN 55156 22904 26757 5495 DUES AND SUBSCRIPTIONS 5646 4193 1015 438 10744526 8918660 739288 1086578 74011 1995986 23641211 108350 11537307 8927284 62945 103122 53998 69709 181140 156020 41521 25120 23691428 263718 183168 35674711 35104167 397122 481352 263718 184783 660840 666135 X 5126618 5374013 29887253 29064019 35013871 34438032 35674711 35104167 -804283 228444 0 X 0 1 X 1 0 X 8280873 10872154 14086579 13348497 8935076 55523179 8280873 10872154 14086579 13348497 8935076 55523179 6553533 48969646 77741 58952 220005 587126 656815 1600639 57123818 30250 0.85730 0.85830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 31775 31775 8886885 8918660 595933 148983 0 0 597704 658460 595933 1852097 2778146 30489 31050 31775 93314 149426 164615 148983 463024 694536 1119346 25447 23000 1121793 95136 1013995 10215 1119346 95136 95136 0.00000 0.08930 0.91070 0 0 34001 34001 0 19697 16179 3518 127442 105840 21602 25120 LEASE LIABILITY 184783 184783 X 10168687 228444 228444 9940243 0 9940243 10744526 0 10744526 0 10744526 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE TO PROVIDE GRANTS AND SCHOLARSHIPS FOR HIGHER EDUCATION, HOLISTIC ADVISING SUPPORT, AND OTHER PROGRAMMING. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THEREFORE, THE STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES BUT IS SUBJECT TO INCOME TAX ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. 1 SCHOLARSHIPS 1444 5409906 STIPENDS 68 47106 EMERGENCY FUNDS 49 23079 PART I, LINE 2: WALLIN PROVIDES GRANTS FOR SCHOLARSHIPS FOR TWO AND FOUR-YEAR PROGRAMS. WE HAVE A ROBUST APPLICANT SCREENING PROCESS THAT INCLUDES A NOT TO EXCEED ADJUSTED GROSS INCOME METRIC. IN ADDITION, EACH SEMESTER, WALLIN EDUCATION PARTNERS STAFF REVIEWS EACH STUDENT'S FINANCIAL AID AWARD LETTER TO DETERMINE UNMET FINANCIAL NEED (FINANCIAL AID GAP). WALLIN EDUCATION PARTNERS CAPS DISBURSEMENTS OF SCHOLARSHIP DOLLARS AT THE AMOUNT AT WHICH EACH SCHOLAR'S GAP IS FILLED. SCHOLARSHIPS ARE PAID DIRECTLY TO ACCREDITED COLLEGES AND UNIVERSITIES. STIPENDS ARE AVAILABLE FOR STUDENTS PARTICIPATING IN SPECIFIC CAREER DEVELOPMENT PROGRAMMING AT WALLIN. EMERGENCY FUNDS ARE ALSO AVAILABLE FOR WALLIN SCHOLARS TO SUPPORT PERSISTENCE CAPPED AT $500 PER REQUEST AND $1,000 OVERALL FOR INDIVIDUAL SCHOLARS DURING THEIR TIME IN THE PROGRAM. X X X X 0 0 0 0 0 0 0 0 0 MOHAMED SALLAM PRESIDENT & CEO 232148 0 0 0 0 0 7112 0 1077 0 240337 0 0 0 MELISSA PFEIFFER VICE PRESIDENT OF FINANCE & OPERATIO 172544 0 0 0 0 0 6496 0 8987 0 188027 0 0 0 ERIN ZONDERVAN VICE PRESIDENT OF ADVANCEMENT 144363 0 0 0 0 0 5828 0 1505 0 151696 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD CHAIR, VICE CHAIR, SECRETARY, TREASURER, AND CHAIRS OF COMMITTEES SERVE AS THE TRUSTEES OF THE EXECUTIVE COMMITTEE. THE IMMEDIATE PAST BOARD CHAIR SHALL SERVE A ONE-YEAR TERM ON THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS ALL THE POWERS AND AUTHORITY OF THE BOARD IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES EXCEPT FOR THE POWER TO ELECT, DISMISS OR TERMINATE A TRUSTEE AND THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, AND IS SUBJECT TO THE DIRECTION AND CONTROL OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DRAFT WILL BE REVIEWED AND DISCUSSED AT A WALLIN FINANCE COMMITTEE MEETING, AND PROVIDED TO THE FULL BOARD OF TRUSTEES TO REVIEW AND APPROVAL TO FILE AT THEIR NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST DOCUMENT IS DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS AT THE JUNE BOARD MEETING. THE FORM IS UPDATED, SIGNED, AND SUBMITTED TO THE ORGANIZATION EACH YEAR BY ALL TRUSTEES. IF AN ACTUAL OR POTENTIAL CONFLICT ARISES, THE COVERED PERSON MUST DISCLOSE THE EXISTENCE OF THE POTENTIAL CONFLICT ALONG WITH ALL MATERIAL FACTS TO THE BOARD OR A BOARD DESIGNATED COMMITTEE TO CONSIDER THE TRANSACTION. ONCE THE DISCLOSURE HAS OCCURRED, THE COVERED PERSON WILL LEAVE THE BOARD MEETING FOR DELIBERATION. THE BOARD WILL THEN DECIDE HOW TO PROCEED WITH THE POTENTIAL CONFLICT. MINUTES OF THE MEETING WILL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR IN APPROXIMATELY JUNE, THE BOARD CHAIR LEADS THE FULL BOARD IN A FORMAL PERFORMANCE EVALUATION PROCESS FOR THE PRESIDENT AND CEO AND USES A FORMULA TO DETERMINE SALARY INCREASE CONSISTENT WITH THE WRITTEN COMPENSATION PHILOSOPHY AND PROCESS. THE SALARY INCREASE IS MERIT BASED ON ORGANIZATIONAL, AS WELL AS INDIVIDUAL PERFORMANCE COMPARED TO ANNUAL GOALS AND MARKET DATA. A COMPREHENSIVE COMPENSATION STUDY IS CONDUCTED BIANNUALLY TO DEVELOP A SALARY SCALE IN LINE WITH THE MARKET FOR ALL POSITIONS IN THE ORGANIZATION. ADJUSTMENTS TO COMPENSATION FOR OTHER KEY EMPLOYEES WERE APPROVED BY THE PRESIDENT AND MADE IN LINE WITH THE SCALE. ADDITIONALLY, A THIRD PARTY CONSULTANT REVIEWED CURRENT EXECUTIVE COMPENSATION DATA TO INFORM AND HELP TO DETERMINE THE PRESIDENT'S SALARY ADJUSTMENT. THE BOARD'S DELIBERATION AND DECISIONS ARE INCLUDED IN THE BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 WALLIN EDUCATION PARTNERS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE WEBSITE.