Civic Intelligence

Watershed

990EZ • Fiscal year 2016 • EIN 71-0920918

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 24, 2017

524 Olympus StreetCedar Hill, TX 75104-9075

(972) 291-2878

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

57th percentile

6.0%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

58th percentile

6.1%

Faster asset growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$84,531

Up $4,889 (+6.1%) from 2015

Net Assets

Up

$84,531

Up $5,119 (+6.4%) from 2015

Liabilities

Down

$0

Down $230 (-100%) from 2015

Revenue

Up

$85,379

Up $8,745 (+11%) from 2015

Expenses

Down

$80,260

Down $12,193 (-13%) from 2015

Net Income

Up

$5,119

Up $20,938 (+132%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $27,489Liabilities 2012: $0Net Assets 2012: $27,4892012Assets 2013: $72,121Liabilities 2013: $306Net Assets 2013: $71,8152013Assets 2014: $95,461Liabilities 2014: $230Net Assets 2014: $95,2312014Assets 2015: $79,642Liabilities 2015: $230Net Assets 2015: $79,4122015Assets 2016: $84,531Liabilities 2016: $0Net Assets 2016: $84,5312016Assets 2017: $90,749Liabilities 2017: $100Net Assets 2017: $90,6492017Assets 2018: $83,645Liabilities 2018: $0Net Assets 2018: $83,6452018Assets 2019: $44,790Liabilities 2019: $0Net Assets 2019: $44,7902019Assets 2020: $79,633Liabilities 2020: $0Net Assets 2020: $79,6332020Assets 2021: $136,696Liabilities 2021: $0Net Assets 2021: $136,6962021Assets 2022: $255,464Liabilities 2022: $125Net Assets 2022: $255,3392022Assets 2023: $187,319Liabilities 2023: $126Net Assets 2023: $187,1932023Assets 2024: $200,255Liabilities 2024: $265Net Assets 2024: $199,9902024

Highlighted filing

2016

Assets$84,531
Liabilities$0
Net Assets$84,531

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $51,042Expenses 2012: $56,602Net Income 2012: -$5,5602012Revenue 2013: $96,027Expenses 2013: $51,393Net Income 2013: $44,6342013Revenue 2014: $95,989Expenses 2014: $72,757Net Income 2014: $23,2322014Revenue 2015: $76,634Expenses 2015: $92,453Net Income 2015: -$15,8192015Revenue 2016: $85,379Expenses 2016: $80,260Net Income 2016: $5,1192016Revenue 2017: $91,646Expenses 2017: $90,679Net Income 2017: $9672017Revenue 2018: $90,211Expenses 2018: $106,788Net Income 2018: -$16,5772018Revenue 2019: $57,570Expenses 2019: $96,425Net Income 2019: -$38,8552019Revenue 2020: $103,218Expenses 2020: $68,375Net Income 2020: $34,8432020Revenue 2021: $139,661Expenses 2021: $82,256Net Income 2021: $57,4052021Revenue 2022: $199,072Expenses 2022: $79,093Net Income 2022: $119,9792022Revenue 2023: $157,719Expenses 2023: $225,193Net Income 2023: -$67,4742023Revenue 2024: $106,766Expenses 2024: $90,909Net Income 2024: $15,8572024

Highlighted filing

2016

Revenue$85,379
Expenses$80,260
Net Income$5,119
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 24, 2017
Return Version
2016v3.0
Gross Receipts
$85,379
Mission and Program Overview

Mission

Training artists from a biblical perspective

Program Services

DescriptionGrantsExpenses
Contributed to Watersheds sister NGO in Kenya.-$26,320
Spent 161 days in Kenya training and nurturing 15 orphans, encouraging and discipling 100 individuals living in poverty with methods of sustainability-$23,004
Taught and trained in 3 different countries, for approximately 30 hours to around 300 people.-$9,030
Spent on average 8 hours/week in mentoring and encouraging approximately 35 people/Christians including artists from 5 different countries U.S., Kenya, Czech Republic, Germany, UK.-$8,596
Devoted on average 10 hours/week to research/study for preparation of teachings and weekly devotionals and articles that were published on the Watershed website. These writings were produced in English, German and Czech.-$4,080
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Garold AndersenPres.FT$23,847-$23,847
Lori AndersenV.Pres/Secr.PT$9,000-$9,000
Cheryl CornelsenBrd.Mbr.-$0--
Chris AdkinsBrd.Mbr.-$0--
Carol TullarTreas.PT$0--
David MillerBrd.Mbr.-$0--
Filing and Contact Details

Filer

Filer Name
Watershed Corp
EIN
71-0920918
Phone
9722912878
Address
524 OLYMPUS STREET, CEDAR HILL, TX 75104-9075

Signing Officer

Name
Carol Tullar
Title
Treasurer
Signed
2017-10-24
Discuss with paid preparer
Yes

Preparer

Firm
Randy Hines
Address
PO Box 277, Waxahachie, TX 75168-0277
Preparer
Randy Hines
Phone
9729387175
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part III, Line 31

Devoted on average 10 hours/week to research/study for preparation of teachings and weekly devotionals and articles that were published on the Watershed website. These writings were produced in English, German and Czech. Grants and allocations 0, Program service expenses 4,080

Form 990-EZ, Part III, Line 31

Contributed to Watersheds sister NGO in Kenya. Grants and allocations 0, Program service expenses 26,320

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

Travel 10,776

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

Supplies 725

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

Telephone 175

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

Depreciation 547

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

Internet service web hosting 46

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

Supplies for Kenya humanitarian aid projects 30,743

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

Bank service charges 726

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

Equipment see Form 4562 Beginning of year 1,270, End of year 723

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

Book inventory Beginning of year 65, End of year 65

Form 990-EZ, Part II, Line 26, Liabilities

PAYROLL LIABILITIES Beginning of year 230, End of year 0

Raw XML Appendix182 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/PhoneNum09722912878
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0524 OLYMPUS STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDAR HILL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt023847
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt19000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Garold Andersen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lori Andersen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cheryl Cornelsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chris Adkins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Carol Tullar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5David Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V.Pres/Secr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Brd.Mbr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Brd.Mbr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treas.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Brd.Mbr.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01335
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0788
IRS990EZ/OtherExpensesTotalAmt043738
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TRAINING ARTISTS FROM A BIBLICAL PERSPECTIVE
IRS990EZ/PrintingPublicationsPostageAmt0165
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Spent 161 days in Kenya training and nurturing 15 orphans, encouraging and discipling 100 individuals living in poverty with methods of sustainability
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Taught and trained in 3 different countries, for approximately 30 hours to around 300 people.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Spent on average 8 hours/week in mentoring and encouraging approximately 35 people/Christians including artists from 5 different countries U.S., Kenya, Czech Republic, Germany, UK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Devoted on average 10 hours/week to research/study for preparation of teachings and weekly devotionals and articles that were published on the Watershed website. These writings were produced in English, German and Czech.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt4Contributed to Watersheds sister NGO in Kenya.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023004
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19030
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt28596
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt34080
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt426320
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt033765
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0230
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TotalExpensesAmt080260
IRS990EZ/TotalProgramServiceExpensesAmt071030
IRS990EZ/TotalRevenueAmt085379
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.watershedarts.com
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt075184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt098131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0405767
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75730
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.71200
IRS990ScheduleA/PublicSupportTotal170Amt0307278
IRS990ScheduleA/SubstantialContributorsTotAmt098489
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt085379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt075184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt096031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt098131
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051042
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0405767
IRS990ScheduleA/TotalSupportAmt0405767
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/ExplanationTxt0Devoted on average 10 hours/week to research/study for preparation of teachings and weekly devotionals and articles that were published on the Watershed website. These writings were produced in English, German and Czech. Grants and allocations 0, Program service expenses 4,080
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Contributed to Watersheds sister NGO in Kenya. Grants and allocations 0, Program service expenses 26,320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel 10,776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 725
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Telephone 175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation 547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Internet service web hosting 46
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Supplies for Kenya humanitarian aid projects 30,743
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank service charges 726
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equipment see Form 4562 Beginning of year 1,270, End of year 723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Book inventory Beginning of year 65, End of year 65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PAYROLL LIABILITIES Beginning of year 230, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL TULLAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERSHED CORP
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0710920918
ReturnHeader/Filer/PhoneNum09722912878
ReturnHeader/Filer/USAddress/AddressLine1Txt0524 OLYMPUS STREET
ReturnHeader/Filer/USAddress/CityNm0CEDAR HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0751049075
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C033F2853C417B0526608BF80ED64905F870ED2B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C033F2853C417B0526608BF80ED64905F870ED2B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.10.139.5
ReturnHeader/FilingSecurityInformation/IPDt02017-10-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm018:40:45
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Randy Hines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 277
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waxahachie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0751680277
ReturnHeader/PreparerPersonGrp/PhoneNum09729387175
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Randy Hines
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-24T01:41:43-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$1.07$0.91$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$1.58$2.25$0.67
2022Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$1.99$0.79$1.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$1.40$0.82$0.57
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$1.03$0.68$0.35
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.58$0.96$0.39
2018Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.90$1.07$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.92$0.91$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.85$0.80$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.00$0.79$0.77$0.92$0.16
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.00$0.95$0.96$0.73$0.23
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.00$0.72$0.96$0.51$0.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.51$0.57$0.06