2026-03-05T13:01:58-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 452378417 WALDEN ACADEMY INC WALD 5303616480 PO BOX 1092 WILLOWS CA 95988 MERRILEE VANDERWAAL CFO 5303616480 2026-03-04 1 1 WADE MCMULLEN P00541671 9099857286 2026-03-04 2024 2025-03-06 01:10:19Z MERRILEE VANDERWAAL PO BOX 1092 WILLOWS CA 95988 2422941 0 X WWW.WALDENACADEMY.ORG X 2011 CA PROVIDE A LEARNING ENVIRONMENT THAT STIMULATES AND NURTURES A STUDENT'S DESIRE TO LEARN. 5 5 72 75 0 0 2905048 2356381 13516 15830 33082 39474 1817 11256 2953463 2422941 0 0 0 0 1896674 1819883 0 0 0 1036774 1019286 2933448 2839169 20015 -416228 3577637 2919460 1424597 1182648 2153040 1736812 X TO PROVIDE A LEARNING ENVIRONMENT THAT EXTENDS BEYOND THE CLASSROOM AND TEXTBOOKS AND STIMULATES AND NURTURES A STUDENT'S DESIRE TO LEARN. STUDENTS ARE EXPOSED TO A LEARNING ENVIRONMENT THAT HELPS THEM GAIN THE KNOWLEDGE, SKILLS, PERSPECTIVES AND PRACTICES TO BE RESPONSIBLE CITIZENS. NATURAL RESOURCE-BASED EDUCATION PROVIDES AN AVENUE FOR THIS DEVELOPMENT THAT CAN ENGAGE THE STUDENTS FAR BEYOND THE CLASSROOM. 0 0 2394343 0 27086 WALDEN ACADEMY OFFERS A CURRICULUM THAT: (1) MEETS AND EXCEEDS STATE STANDARDS THROUGH A STANDARDS-BASED CURRICULUM THAT USES NATURAL RESOURCE-BASED EDUCATION AS INTEGRATING CONTEXT FOR LEARNING; (2) ALLOWS STUDENTS TO ACTIVELY PARTICIPATE IN LEARNING PROJECTS AS A WAY OF APPLYING THEIR KNOWLEDGE; AND (3) UNIQUELY USES ITS SURROUNDINGS TO MAKE ITS EDUCATION PROGRAM RELEVANT, TEAM-FOCUSED AND COMMUNITY-ORIENTED. DURING THE YEAR, THE ACADEMY SERVED APPROXIMATELY 170 STUDENTS FROM TK TO GRADES 8. 2394343 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 72 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X MERRILEE VANDERWAAL 5303616480 1149 W WOOD ST WILLOWS CA 95988 MICHAEL MARTIN PRESIDENT 1.00 X X 0 0 0 AMY R ALVES DIRECTOR 40.00 X 62779 0 6047 NATHAN MICHAUD SECRETARY 1.00 X X 0 0 0 JULIA MERCADO DIRECTOR 1.00 X 0 0 0 SANDY VON BARGEN DIRECTOR 1.00 X 0 0 0 JOHN GLADMAN DIRECTOR 1.00 X 0 0 0 AMBER CALONICO SCHOOL DIRECTOR 40.00 X 126718 0 11842 MERRILEE VANDERWAAL CHIEF FINANCE OFFICER 2.00 X 17640 0 0 207137 0 17889 1 0 0 0 0 2345439 10942 2356381 AFTER SCHOOL REVENUE 611710 10527 10527 RECEIPTS 900099 5303 5303 15830 39474 39474 OTHER REVENUE 900099 11256 11256 11256 2422941 27086 0 39474 X 201510 175313 26197 1351527 1263334 88193 150962 147242 3720 115884 107206 8678 19388 19388 1283 1283 38151 38151 326219 252422 73797 4237 4237 84985 10359 74626 14700 14700 249376 249376 17671 14063 3608 18519 3298 15221 51429 51429 41023 41023 INSTRUCTIONAL MATERIALS 93631 86711 6920 OTHER EXPENSES 58674 29353 29321 2839169 2394343 444826 0 1874059 1457331 576267 401672 8805 58942 30924 986577 638132 382010 348445 686359 672283 3577637 2919460 479584 310166 246918 163519 698095 708963 1424597 1182648 X 2111163 1736812 41877 0 2153040 1736812 3577637 2919460 -416228 0 X X 0 1 X 1 0 X 186946 186946 799631 638132 161499 348445 RIGHT OF USE ASSET 662336 DEPOSITS 9947 672283 LEASE LIABILITY 708963 708963 X 2422941 0 2422941 0 2422941 2839169 0 2839169 0 2839169 PART X, LINE 2: THE ACADEMY IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ACADEMY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ACADEMY FILES AN EXEMPT ACADEMY RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL USES COMMUNITY MEETINGS TO PUBLICIZE THAT PER CALIFORNIA CHARTER SCHOOL LAW, THE SCHOOL IS OPEN TO ALL RESIDENTS IN THE STATE OF CALIFORNIA. THE SCHOOL'S CHARTER PETITION INCLUDES A NON-DISCRIMINATORY STATEMENT AND THE PETITION IS AVAILABLE TO THE PUBLIC THROUGH THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION OFFERS NO FINANCIAL AID OR ASSISTANCE. SCHEDULE E, PART I, LINE 6 WALDEN ACADEMY IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT, ARI SERVICE INC. AND MERRILEE VANDERWAAL, CFO, WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, SUCH AS BOARD MEMBERS, OFFICERS, OR EMPLOYEES, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE MONTHLY BOARD MEETINGS AS THEY ARE COMPLETED THROUGHOUT THE YEAR. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST TO THE SCHOOL DIRECTOR. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 252,422. MANAGEMENT AND GENERAL EXPENSES 73,797. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 326,219. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.