Civic Intelligence

Headwaters Christian Resources

990EZ • Fiscal year 2023 • EIN 45-3758251

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

20th percentile

-20%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$35,300

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 57.5% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

17th percentile

-30%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-34%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$28,002

Down $12,068 (-30%) from 2022

Net Assets

Down

$28,002

Down $12,068 (-30%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$61,431

Down $31,822 (-34%) from 2022

Expenses

Up

$73,499

Up $8,827 (+14%) from 2022

Net Income

Down

-$12,068

Down $40,649 (-142%) from 2022

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

2023

Assets$28,002
Liabilities$0
Net Assets$28,002

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

2023

Revenue$61,431
Expenses$73,499
Net Income-$12,068
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$65,319
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$25,907
WORSHIP SERVICES - PROVIDING WEEKLY CHRISTIAN WORSHIP SERVICES TO A COMMUNITY OF 45 PEOPLE, AND ANNUALLY TO A LARGER GROUP OF 200 PEOPLE.$0$15,833
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$10,922
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH ANDERSONDirectorPT$35,300-$35,300
TIM NICHOLSDirectorPT$25,844-$25,844
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
2024-05-13
Supplemental Narrative

Additional Explanations

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

Income: gross receipts: 6,413. Returns and allowances: 0. Less cost of goods sold: 3,888. Gross profit: 2,525. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 3,848. Other costs: 40. Inventory at end of year: 0. Cost of goods sold: 3,888.

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

Description: sales tax. Amount: 40.

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

Description: website design and hosting. Amount: 1,505. Description: travel and conferences. Amount: 51. Description: registration fees. Amount: 10. Description: office expenses. Amount: 3,196. Description: community outreach events. Amount: 3,746. Total to form 990-ez, line 16: 8,508.

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

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

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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum07209986116
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM NICHOLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOSEPH ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVE CHEADLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PEDER OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STEPHEN P STRAWBRIDGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04025
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt08508
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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/PrintingPublicationsPostageAmt0295
IRS990EZ/ProgramServiceRevenueAmt09725
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORSHIP SERVICES - PROVIDING WEEKLY CHRISTIAN WORSHIP SERVICES TO A COMMUNITY OF 45 PEOPLE, AND ANNUALLY TO A LARGER GROUP OF 200 PEOPLE.
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt023770
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt023740
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0208074
IRS990ScheduleA/TotalSupportAmt0208074
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 6,413. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3,888. GROSS PROFIT: 2,525. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 3,848. OTHER COSTS: 40. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 3,888.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SALES TAX. AMOUNT: 40.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: WEBSITE DESIGN AND HOSTING. AMOUNT: 1,505. DESCRIPTION: TRAVEL AND CONFERENCES. AMOUNT: 51. DESCRIPTION: REGISTRATION FEES. AMOUNT: 10. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,196. DESCRIPTION: COMMUNITY OUTREACH EVENTS. AMOUNT: 3,746. TOTAL TO FORM 990-EZ, LINE 16: 8,508.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 4,025. END OF YEAR AMOUNT: 0.
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
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN P STRAWBRIDGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07209986116
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEADWATERS CHRISTIAN RESOURCES
ReturnHeader/Filer/BusinessNameControlTxt0HEAD
ReturnHeader/Filer/EIN0453758251
ReturnHeader/Filer/PhoneNum07209986116
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ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080151
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-05-15T09:10:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STRAWBRIDGE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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