Civic Intelligence

Watershed

990EZ • Fiscal year 2021 • EIN 71-0920918

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

PO Box 2125Cedar Hill, TX 75106-2125

(972) 291-2878

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

87th percentile

$27,540

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

72%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

35%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$136,696

Up $57,063 (+72%) from 2020

Net Assets

Up

$136,696

Up $57,063 (+72%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$139,661

Up $36,443 (+35%) from 2020

Expenses

Up

$82,256

Up $13,881 (+20%) from 2020

Net Income

Up

$57,405

Up $22,562 (+65%) from 2020

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

2021

Assets$136,696
Liabilities$0
Net Assets$136,696

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

2021

Revenue$139,661
Expenses$82,256
Net Income$57,405
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.2
Gross Receipts
$139,661
Mission and Program Overview

Mission

Training artists from a biblical perspective

Mentoring/Discipling People From a Biblical Perspective.

Program Services

DescriptionGrantsExpenses
Lori Spent 156 days in Kenya discipling and nurturing 9 orphans. Garold spent 81 days in Kenya discipling and nurturing 9 orphans.-$59,206
b. Spent on average 15 hours/week in mentoring and encouraging approximately 35 people/Christians including artists from 5 different countries U.S., Kenya, Czech Republic, Germany, UK.-$8,708
c. Devoted on average 15 hours/week to research/study for preparation of teachings and weekly devotionals and articles, some of which were published on the website. These writings were produced in English, German and Czech.-$5,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Garold AndersenPres.FT$27,540-$27,540
Lori AndersenV.Pres/Secr.FT$5,880-$5,880
Carol TullarTreas.-$0--
Chris AdkinsBrd.Mbr.-$0--
David MillerBrd.Mbr.-$0--
Cheryl CornelsenBrd.Mbr.-$0--
Steven ShawBrd.Mbr.-$0--
Filing and Contact Details

Filer

Filer Name
Watershed Corp
EIN
71-0920918
Phone
9722912878
Address
PO BOX 2125, CEDAR HILL, TX 75106-2125

Signing Officer

Name
Carol Tullar
Title
Treasurer
Phone
9722912878
Signed
2022-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Randy Hines Accounting LLC
Address
PO Box 277, Waxahachie, TX 75168-0277
Preparer
Randy Hines
Phone
2143928581
Supplemental Narrative

Additional Explanations

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

Travel 7,985

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

Supplies 113

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

Kenya Childrens Ministry 30,921

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

Kenya General Expenses 3,088

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

Bank service charges 2,070

Form 990-EZ, Part I, Line 20, Net Assets

Prior Year Adjustments -342

Raw XML Appendix166 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/PersonNm0CAROL TULLAR
IRS990EZ/BooksInCareOfDetail/PhoneNum09722912878
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0524 OLYMPUS STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDAR HILL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0751049075
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079633
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0139655
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IRS990EZ/ExcessOrDeficitForYearAmt057405
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt027540
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt15880
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Garold Andersen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lori Andersen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Carol Tullar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chris Adkins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Cheryl Cornelsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Steven Shaw
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V.Pres/Secr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treas.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Brd.Mbr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Brd.Mbr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Brd.Mbr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Brd.Mbr.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-342
IRS990EZ/OtherExpensesTotalAmt044177
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Mentoring/Discipling People From a Biblical Perspective.
IRS990EZ/PrintingPublicationsPostageAmt0268
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Lori Spent 156 days in Kenya discipling and nurturing 9 orphans. Garold spent 81 days in Kenya discipling and nurturing 9 orphans.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1b. Spent on average 15 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/DescriptionProgramSrvcAccomTxt2c. Devoted on average 15 hours/week to research/study for preparation of teachings and weekly devotionals and articles, some of which were published on the website. These writings were produced in English, German and Czech.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt059206
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18708
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt25840
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt082256
IRS990EZ/TotalProgramServiceExpensesAmt073754
IRS990EZ/TotalRevenueAmt0139661
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.watershedarts.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0139655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0103208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt090211
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt082
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85210
IRS990ScheduleA/PublicSupportPY170Pct00.84130
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IRS990ScheduleA/SubstantialContributorsTotAmt071335
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0139655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0103208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt057564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt090211
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt091602
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0482240
IRS990ScheduleA/TotalSupportAmt0482240
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/ExplanationTxt0Travel 7,985
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 113
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Kenya Childrens Ministry 30,921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Kenya General Expenses 3,088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank service charges 2,070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior Year Adjustments -342
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
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 20, Net Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Carol Tullar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09722912878
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERSHED CORP
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0710920918
ReturnHeader/Filer/PhoneNum09722912878
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2125
ReturnHeader/Filer/USAddress/CityNm0CEDAR HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0751062125
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474829728
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Randy Hines Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 277
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waxahachie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0751680277
ReturnHeader/PreparerPersonGrp/PhoneNum02143928581
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Randy Hines
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-09T11:34:08-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Carol
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Tullar
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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
2021Detailed filing. Detailed filing data is available for this year.$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