Civic Intelligence

Headwaters Christian Resources

990EZ • Fiscal year 2022 • EIN 45-3758251

Jan 01, 2022 to Dec 31, 2022 • Filed on May 04, 2023

PO Box 175Englewood, CO 80151

(720) 998-6116

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

79th percentile

31%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$33,538

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 36.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

Up

$40,070

Up $26,591 (+197%) from 2018

Net Assets

$40,070

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$93,253

Up $72,295 (+345%) from 2018

Expenses

Up

$64,672

Up $31,046 (+92%) from 2018

Net Income

Up

$28,581

Up $41,249 (+326%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2014: $12,102Liabilities 2014: $02014Assets 2018: $13,479Liabilities 2018: $02018Assets 2022: $40,070Liabilities 2022: $0Net Assets 2022: $40,0702022Assets 2023: $28,002Liabilities 2023: $0Net Assets 2023: $28,0022023Assets 2024: $25,738Liabilities 2024: $0Net Assets 2024: $25,7382024

Highlighted filing

2022

Assets$40,070
Liabilities$0
Net Assets$40,070

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2014: $37,247Expenses 2014: $31,048Net Income 2014: $6,1992014Revenue 2018: $20,958Expenses 2018: $33,626Net Income 2018: -$12,6682018Revenue 2022: $93,253Expenses 2022: $64,672Net Income 2022: $28,5812022Revenue 2023: $61,431Expenses 2023: $73,499Net Income 2023: -$12,0682023Revenue 2024: $79,482Expenses 2024: $81,746Net Income 2024: -$2,2642024

Highlighted filing

2022

Revenue$93,253
Expenses$64,672
Net Income$28,581
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$96,120
Mission and Program Overview

Mission

The specific objectives and purposes of this corporation shall be to advance the kingdom of god by forming communities united around a common service and witness to a particular local context, and leveraging our direct ministry involvements to create resources and training tools for the benefit of the broader church.

Program Services

DescriptionGrantsExpenses
COMMUNITY LIFE AND EDUCATION - PROVIDING CHRISTIAN EDUCATION AND DISCIPLESHIP TO KIDS AND ADULTS. WE TEACH AND DISCIPLE GROUPS OF KIDS AND ADULTS 12 HOURS WEEKLY.$0$19,994
WORSHIP SERVICES - PROVIDING WEEKLY CHRISTIAN WORSHIP SERVICES TO A COMMUNITY OF 45 PEOPLE, AND ANNUALLY TO A LARGER GROUP OF 200 PEOPLE.$0$13,944
OUTREACH AND COMMUNITY SERVICE - SERVING OUR NEIGHBORHOOD BY MOBILIZING VOLUNTEERS TO REPAIR HOMES OF ELDERLY, LOW-INCOME AND DISABLED HOME OWNERS, AND LOVING OUR NEIGHBORS THROUGH CHRISTIAN EVANGELISM. IMPACTING 150 PEOPLE ANNUALLY.$0$13,854
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH ANDERSONDirectorPT$33,538-$33,538
TIM NICHOLSDirectorPT$19,414-$19,414
DAVE CHEADLEChairman-$0--
PEDER OLSONSecretary-$0--
STEPHEN P STRAWBRIDGETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Headwaters Christian Resources
EIN
45-3758251
Phone
7209986116
Address
PO BOX 175, ENGLEWOOD, CO 80151

Signing Officer

Name
Stephen P Strawbridge
Title
Treasurer
Phone
7209986116
Signed
2023-05-04
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 5,489. Returns and allowances: 0. Less cost of goods sold: 2,867. Gross profit: 2,622. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 2,808. Other costs: 59. Inventory at end of year: 0. Cost of goods sold: 2,867.

Form 990-ez, Part I, Line 7B - Other Costs

Description: sales tax. Amount: 59.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: website design and hosting. Amount: 1,695. Description: travel and conferences. Amount: 433. Description: registration fees. Amount: 85. Description: office expenses. Amount: 1,931. Description: community outreach events. Amount: 5,430. Total to form 990-ez, line 16: 9,574.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 4,025.

Raw XML Appendix169 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09574
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC OBJECTIVES AND PURPOSES OF THIS CORPORATION SHALL BE TO ADVANCE THE KINGDOM OF GOD BY FORMING COMMUNITIES UNITED AROUND A COMMON SERVICE AND WITNESS TO A PARTICULAR LOCAL CONTEXT, AND LEVERAGING OUR DIRECT MINISTRY INVOLVEMENTS TO CREATE RESOURCES AND TRAINING TOOLS FOR THE BENEFIT OF THE BROADER CHURCH.
IRS990EZ/PrintingPublicationsPostageAmt0320
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COMMUNITY LIFE AND EDUCATION - PROVIDING CHRISTIAN EDUCATION AND DISCIPLESHIP TO KIDS AND ADULTS. WE TEACH AND DISCIPLE GROUPS OF KIDS AND ADULTS 12 HOURS WEEKLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2OUTREACH AND COMMUNITY SERVICE - SERVING OUR NEIGHBORHOOD BY MOBILIZING VOLUNTEERS TO REPAIR HOMES OF ELDERLY, LOW-INCOME AND DISABLED HOME OWNERS, AND LOVING OUR NEIGHBORS THROUGH CHRISTIAN EVANGELISM. IMPACTING 150 PEOPLE ANNUALLY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 5,489. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 2,867. GROSS PROFIT: 2,622. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 2,808. OTHER COSTS: 59. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 2,867.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SALES TAX. AMOUNT: 59.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: WEBSITE DESIGN AND HOSTING. AMOUNT: 1,695. DESCRIPTION: TRAVEL AND CONFERENCES. AMOUNT: 433. DESCRIPTION: REGISTRATION FEES. AMOUNT: 85. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,931. DESCRIPTION: COMMUNITY OUTREACH EVENTS. AMOUNT: 5,430. TOTAL TO FORM 990-EZ, LINE 16: 9,574.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,025.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7B - OTHER COSTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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ReturnHeader/ReturnTs02023-05-04T13:56:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STRAWBRIDGE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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