Walker Inc
- Assets
- $42.2m
- Revenue
- $28.1m
- Investments
- $0.0
- Employees
- 374
- Location
- Needham, MA
- Founding
- 08/1952
- Data as of
- 06/2023
- EIN
- 04-2171186
Organization Overview
Walker Inc is located in Needham, MA. The organization was established in 1952. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Walker Inc employed 374 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walker Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Walker Inc generated $28.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $24.4m during the year ending 06/2023. While expenses have increased by 1.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WALKER, INC. IS A MASSACHUSETTS NONPROFIT ORGANIZATION INCORPORATED FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING A HOME FOR THE CARE, EDUCATION, AND TREATMENT OF SPECIAL NEEDS CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WALKER INTENSIVE RESIDENTIAL TREATMENT PROGRAM (IRTP) WAS CREATED TO HELP HIGH-RISK, MULTIPLE-COMPLEX CHILDREN AND THEIR FAMILIES BUILD SOCIAL, EMOTIONAL, AND BEHAVIORAL COMPETENCIES SO THEY MAY ACHIEVE AND MAINTAIN A PERMANENT FAMILY CONNECTION WHILE PREVENTING THE DAMAGE OF SERIAL PLACEMENT DISRUPTIONS. THE WALKER IRTP IS A NATIONALLY ACCREDITED, FULLY LICENSED AND CHAPTER 766-APPROVED PROGRAM THAT SERVES CHILDREN BETWEEN THE AGES OF 5 AND 13 WHO CAN BE MAINTAINED IN A STAFF-SECURE GROUP SETTING.
THE DAY TREATMENT AND EDUCATION PROGRAM IS A CHAPTER 766-APPROVED ACADEMIC DAY PROGRAM FOR CHILDREN WITH HISTORIES OF HIGH-RISK BEHAVIORS, CHRONIC MENTAL ILLNESS, LANGUAGE DISORDERS, LEARNING DISABILITIES, AND/OR HIGH-FUNCTIONING AUTISM SPECTRUM DISORDERS.
WALKER BEACON SCHOOL IS A FULLY ACCREDITED, CO-EDUCATIONAL ALTERNATIVE MIDDLE AND HIGH SCHOOL PROGRAM THAT PROVIDES ACADEMIC AND SPECIALIZED PROGRAMS IN A THERAPEUTIC ENVIRONMENT FOR STUDENTS AGES 12 TO 22 FROM THE GREATER BOSTON AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Layton Chair | OfficerTrustee | 1 | $0 |
Jason Jenkins Vice Chair | OfficerTrustee | 1 | $0 |
Wendy Paul Treasurer | OfficerTrustee | 1 | $0 |
Erna Schwartz Place Secretary | OfficerTrustee | 1 | $0 |
Lillian Sober Ain Director | Trustee | 1 | $0 |
Diana Manchester Barrett Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Delta-t Group Massachusetts Inc Staffing Agency | 6/29/18 | $230,523 |
Arbor Associates Inc Staffing Agency | 6/29/18 | $195,605 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $530,429 |
| Related organizations | $0 |
| Government grants | $2,583,263 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,609,260 |
| Noncash contributions included in lines 1a–1f | $103,111 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,722,952 |
| Total Program Service Revenue | $23,017,730 |
| Investment income | $397,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,669 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,147,370 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $630,564 |
| Compensation of current officers, directors, key employees. | $630,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,564,210 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,679,269 |
| Payroll taxes | $1,183,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $159,496 |
| Fees for services: Accounting | $125,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $906,778 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,484,295 |
| Travel | $110,878 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,095,835 |
| Insurance | $35,128 |
| All other expenses | $196,553 |
| Total functional expenses | $24,407,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,800,082 |
| Savings and temporary cash investments | $2,629,090 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,095,238 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $800,049 |
| Net Land, buildings, and equipment | $14,035,536 |
| Investments—publicly traded securities | $13,549,170 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $293,048 |
| Total assets | $42,202,213 |
| Accounts payable and accrued expenses | $1,555,380 |
| Grants payable | $0 |
| Deferred revenue | $2,087,383 |
| Tax-exempt bond liabilities | $5,728,678 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $294,476 |
| Total liabilities | $9,665,917 |
| Net assets without donor restrictions | $27,183,359 |
| Net assets with donor restrictions | $5,352,937 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $42,202,213 |