Civic Intelligence

Wateree Community Actions Inc.

990 • Fiscal year 2016 • EIN 57-0524980

Jan 01, 2016 to Dec 31, 2016 • Filed on May 13, 2017

Refreshing map…

1915 Harden StreetColumbia, SC 29204

(803) 807-9811

Siviq Scores

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

Liabilities / Assets

97th percentile

1.29x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.34x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

50th percentile

2.3%

Higher net margin than 50% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

6th percentile

-13%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,002,411

Down $617,360 (-13%) from 2015

Net Assets

Up

-$1,140,822

Up $30,375 (+2.6%) from 2015

Liabilities

Down

$5,143,233

Down $647,735 (-11%) from 2015

Revenue

Up

$15,294,564

Up $2,295,553 (+18%) from 2015

Expenses

Up

$14,944,070

Up $14,944,070 from 2015

Net Income

Down

$350,494

Down $12,648,517 (-97%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $13,702,407Liabilities 2010: $2,918,646Net Assets 2010: $10,783,7612010Assets 2011: $9,607,296Liabilities 2011: $2,108,738Net Assets 2011: $7,498,5582011Assets 2012: $4,611,015Liabilities 2012: $2,358,285Net Assets 2012: $2,252,7302012Assets 2013: $2,145,513Liabilities 2013: $3,142,999Net Assets 2013: -$997,4862013Assets 2014: $512,224Liabilities 2014: $2,527,651Net Assets 2014: -$2,015,4272014Assets 2015: $4,619,771Liabilities 2015: $5,790,968Net Assets 2015: -$1,171,1972015Assets 2016: $4,002,411Liabilities 2016: $5,143,233Net Assets 2016: -$1,140,8222016Assets 2017: $1,916,359Liabilities 2017: $1,522,120Net Assets 2017: $394,2392017Assets 2018: $2,340,864Liabilities 2018: $1,535,964Net Assets 2018: $804,9002018Assets 2019: $2,430,445Liabilities 2019: $1,537,218Net Assets 2019: $893,2272019Assets 2020: $5,770,503Liabilities 2020: $3,393,407Net Assets 2020: $2,377,0962020Assets 2021: $6,284,080Liabilities 2021: $5,536,132Net Assets 2021: $747,9482021Assets 2022: $5,902,712Liabilities 2022: $2,398,463Net Assets 2022: $3,504,2492022Assets 2023: $13,348,249Liabilities 2023: $8,608,766Net Assets 2023: $4,739,4832023Assets 2024: $8,160,479Liabilities 2024: $2,334,250Net Assets 2024: $5,826,2292024

Highlighted filing

2016

Assets$4,002,411
Liabilities$5,143,233
Net Assets-$1,140,822

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $22,092,8732010Expenses 2011: $18,458,3702011Expenses 2012: $19,580,6912012Revenue 2013: $12,400,020Expenses 2013: $15,623,588Net Income 2013: -$3,223,5682013Revenue 2014: $15,442,441Expenses 2014: $15,822,447Net Income 2014: -$380,0062014Revenue 2015: $12,999,011Expenses 2015: $0Net Income 2015: $12,999,0112015Revenue 2016: $15,294,564Expenses 2016: $14,944,070Net Income 2016: $350,4942016Revenue 2017: $16,631,078Expenses 2017: $16,120,163Net Income 2017: $510,9152017Revenue 2018: $17,727,117Expenses 2018: $17,316,456Net Income 2018: $410,6612018Revenue 2019: $18,102,384Expenses 2019: $18,014,057Net Income 2019: $88,3272019Revenue 2020: $21,733,271Expenses 2020: $20,040,347Net Income 2020: $1,692,9242020Revenue 2021: $21,521,180Expenses 2021: $21,344,123Net Income 2021: $177,0572021Revenue 2022: $27,187,973Expenses 2022: $26,162,672Net Income 2022: $1,025,3012022Revenue 2023: $25,076,893Expenses 2023: $24,479,344Net Income 2023: $597,5492023Revenue 2024: $30,396,102Expenses 2024: $28,636,813Net Income 2024: $1,759,2892024

Highlighted filing

2016

Revenue$15,294,564
Expenses$14,944,070
Net Income$350,494
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 13, 2017
Return Version
2016v3.0
Gross Receipts
$15,294,564
Mission and Program Overview

Mission

To combat poverty in designated counties of south carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,071,067$3,320,136▲ $249,069
Pledges and Grants Receivable$441,680$475,918▲ $34,238
Land, Buildings, and Equipment, Net$253,154$193,763▼ $59,391
Prepaid Expenses and Deferred Charges$17,724$12,594▼ $5,130
Total Assets$3,783,625$4,002,411▲ $218,786
Liabilities
Deferred Revenue$2,930,842$3,085,025▲ $154,183
Accounts Payable and Accrued Expenses$1,505,005$1,080,907▼ $424,098
Unsecured Notes Loans Payable$839,073$622,704▼ $216,369
Grants Payable-$354,597-
Total Liabilities$5,274,920$5,143,233▼ $131,687
Net Assets / Fund Balance
Unrestricted Net Assets$-1,491,295$-1,140,822▲ $350,473
Total Net Assets Fund Balance$-1,491,295$-1,140,822▲ $350,473
Total Liabilities and Net Assets / Fund Balance$3,783,625$4,002,411▲ $218,786

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$-1,345,805$3,397,114$2,051,309
Equipment$1,184,868-$1,184,868
Buildings$324,670-$324,670
Land$30,030-$30,030
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donald GistBoard Chair
Claude ElchelbergerVice Chair
Bertha ScottBoard Member
Carrie Sinkler-parkerBoard Member
James BennettBoard Member
Jd DellengerBoard Member
Jina WilliamsBoard Member
Mary KirklandBoard Member
Pamela JoyneBoard Member
Wallace DinkinsBoard Member
Hampton GardenerSecretary
James BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,294,564
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$90,354
Change in Net Assets
$350,494

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,294,563
Total Revenue per Audited Statements
$15,294,563
Total Revenue per Form 990
$15,294,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,795,739
Salaries, Compensation, and Employee Benefits$6,148,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$6,594,976$34,561-$6,629,537
Other Salaries and Wages$4,535,509$304,106-$4,839,615
Other Employee Benefits$1,285,061$23,655-$1,308,716
Occupancy$364,039$85,451-$449,490
Other Expenses$205,345$210,166-$415,511
Fees for Services Other$28,033$145,630-$173,663
Travel$129,113$6,278-$135,391
Interest-$60,608-$60,608
Depreciation Depletion$46,686$13,827-$60,513
Total Functional Expenses$14,029,770$914,300$0$14,944,070

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,944,070
Total Expenses per Audited Statements$14,944,070
Total Expenses per Form 990$14,944,070
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Governing body decisions Part VI line 7B

The governing body makes approval of financial information thats key to decision making

Form 990 governing body review Part VI line 11

The board performs periodic reviews of financial information

Conflict of interest policy compliance Part VI line 12C

The organization enforces the importance of the communication of any conflict of interest

CEO executive director top management comp Part VI line 15A

The board approves compensation of key employees

Other officer or key employee compensation Part VI line 15B

The board approves compensation of key employees

Governing documents etc available to public Part VI line 19

The documents are available upon request

Filing and Contact Details

Filer

Filer Name
Wateree Community Actions Inc
EIN
57-0524980
Address
1915 HARDEN STREET, Columbia, SC 29204

Signing Officer

Name
Annette Tucker
Title
Executive Direc
Phone
9542888450
Signed
2017-05-13
Discuss with paid preparer
No

Organization Details

Formed
1969
Legal Domicile
Sc
Voting Board Members
14
Independent Board Members
14
Employees
102

Preparer

Firm
Bas Partners LLC
Address
15800 PINES BLVD, Hollywood, FL 33027
Preparer
Audley Porter
Phone
9542888450
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

.

List of other expenses Part IX line 24E

.

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IRS990/OtherExpensesGrp/TotalAmt1256052
IRS990/OtherExpensesGrp/TotalAmt2191319
IRS990/OtherExpensesGrp/TotalAmt3415511
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012999011
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IRS990/PYOtherExpensesAmt06445345
IRS990/PYRevenuesLessExpensesAmt01054502
IRS990/PYSalariesCompEmpBnftPaidAmt05499164
IRS990/PYTotalExpensesAmt011944509
IRS990/PYTotalRevenueAmt012999011
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IRS990/ReconcilationRevenueExpnssAmt0350494
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015294563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012999011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015442441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012339272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015054739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt071130026
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt071130026
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015294563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012999011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015442441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012339272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015054739
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt071130026
IRS990ScheduleA/TotalSupportAmt071130026
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0324670
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0324670
IRS990ScheduleD/EquipmentGrp/BookValueAmt01184868
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01184868
IRS990ScheduleD/ExpensesSubtotalAmt014944070
IRS990ScheduleD/LandGrp/BookValueAmt030030
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030030
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1345805
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03397114
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02051309
IRS990ScheduleD/RevenueSubtotalAmt015294563
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0193763
IRS990ScheduleD/TotalExpensesPerForm990Amt014944070
IRS990ScheduleD/TotalRevenuePerForm990Amt015294563
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015294563
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014944070
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY MAKES APPROVAL OF FINANCIAL INFORMATION THATS KEY TO DECISION MAKING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD PERFORMS PERIODIC REVIEWS OF FINANCIAL INFORMATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ENFORCES THE IMPORTANCE OF THE COMMUNICATION OF ANY CONFLICT OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD APPROVES COMPENSATION OF KEY EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD APPROVES COMPENSATION OF KEY EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt04002411
IRS990/TotalAssetsGrp/BOYAmt03783625
IRS990/TotalAssetsGrp/EOYAmt04002411
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IRS990/TotalEmployeeCnt0102
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt014029770
IRS990/TotalFunctionalExpensesGrp/TotalAmt014944070
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05274920
IRS990/TotalLiabilitiesEOYAmt05143233
IRS990/TotalLiabilitiesGrp/BOYAmt05274920
IRS990/TotalLiabilitiesGrp/EOYAmt05143233
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1491295
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1140822
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt014029770
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt015294564
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03783625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04002411
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt06278
IRS990/TravelGrp/ProgramServicesAmt0129113
IRS990/TravelGrp/TotalAmt0135391
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1491295
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1140822
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0839073
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0622704
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0www.wcai.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNETTE TUCKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum09542888450
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATEREE COMMUNITY ACTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0570524980
ReturnHeader/Filer/USAddress/AddressLine1Txt01915 HARDEN STREET
ReturnHeader/Filer/USAddress/CityNm0Columbia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029204
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04C1B48FEF001E1D7070C9BB97883BD30C41B8C05

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.16$2.33$5.83$30.4$28.6$1.76
2023Detailed filing. Detailed filing data is available for this year.$13.3$8.61$4.74$25.1$24.5$0.60
2022Detailed filing. Detailed filing data is available for this year.$5.90$2.40$3.50$27.2$26.2$1.03
2021Detailed filing. Detailed filing data is available for this year.$6.28$5.54$0.75$21.5$21.3$0.18
2020Detailed filing. Detailed filing data is available for this year.$5.77$3.39$2.38$21.7$20.0$1.69
2019Detailed filing. Detailed filing data is available for this year.$2.43$1.54$0.89$18.1$18.0$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.34$1.54$0.80$17.7$17.3$0.41
2017Detailed filing. Detailed filing data is available for this year.$1.92$1.52$0.39$16.6$16.1$0.51
2016Detailed filing. Detailed filing data is available for this year.$4.00$5.14$1.14$15.3$14.9$0.35
2015Summary only. Only limited summary data is available for this year.$4.62$5.79$1.17$13.0$0.00$13.0
2014Summary only. Only limited summary data is available for this year.$0.51$2.53$2.02$15.4$15.8$0.38
2013Summary only. Only limited summary data is available for this year.$2.15$3.14$1.00$12.4$15.6$3.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$2.36$2.25$19.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.61$2.11$7.50$18.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$2.92$10.8$22.1