Civic Intelligence

Watershed Collaborative Inc.

990EZ • Fiscal year 2021 • EIN 81-2938005

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

195 Willoughby Ave 109Brooklyn, NY 11205

(888) 663-1115

Siviq Scores

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

Liabilities / Assets

68th percentile

0.09x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.06x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-101%

Higher net margin than 8% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Asset Growth

7th percentile

-63%

Faster asset growth than 7% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

20%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$27,301

Down $45,567 (-63%) from 2020

Net Assets

Down

$24,801

Down $45,067 (-65%) from 2020

Liabilities

Down

$2,500

Down $500 (-17%) from 2020

Revenue

Up

$44,408

Up $7,389 (+20%) from 2020

Expenses

Up

$89,475

Up $14,068 (+19%) from 2020

Net Income

Down

-$45,067

Down $6,679 (-17%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $163,895Liabilities 2017: $5,500Net Assets 2017: $158,3952017Assets 2018: $144,553Liabilities 2018: $3,000Net Assets 2018: $141,5532018Assets 2019: $112,571Liabilities 2019: $4,315Net Assets 2019: $108,2562019Assets 2020: $72,868Liabilities 2020: $3,000Net Assets 2020: $69,8682020Assets 2021: $27,301Liabilities 2021: $2,500Net Assets 2021: $24,8012021Assets 2022: $41,762Liabilities 2022: $2,500Net Assets 2022: $39,2622022Assets 2023: $10,300Liabilities 2023: $0Net Assets 2023: $10,3002023Assets 2024: $1,589Net Assets 2024: $1,5892024

Highlighted filing

2021

Assets$27,301
Liabilities$2,500
Net Assets$24,801

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $292,986Expenses 2017: $134,591Net Income 2017: $158,3952017Revenue 2018: $147,642Expenses 2018: $164,484Net Income 2018: -$16,8422018Revenue 2019: $84,959Expenses 2019: $118,256Net Income 2019: -$33,2972019Revenue 2020: $37,019Expenses 2020: $75,407Net Income 2020: -$38,3882020Revenue 2021: $44,408Expenses 2021: $89,475Net Income 2021: -$45,0672021Revenue 2022: $141,300Expenses 2022: $126,839Net Income 2022: $14,4612022Revenue 2023: $36,822Expenses 2023: $65,784Net Income 2023: -$28,9622023Revenue 2024: $91,776Expenses 2024: $100,487Net Income 2024: -$8,7112024

Highlighted filing

2021

Revenue$44,408
Expenses$89,475
Net Income-$45,067
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$44,408
Mission and Program Overview

Mission

Watershed Collaborative is on a mission to better equip classroom teachers for the complex task of enabling students to learn how to learn for success in school, work, and life in the 21st century.Watershed supports teacher learning and practice differently, so that teachers can continuously improve and be responsive to the unique needs of their students. Watershed promotes student-driven inquiry, teacher collaboration, and reflective practice as evidence-based levers for improving outcomes and increasing equity. Watershed enables teachers to quickly learn - and master over time - methods they can use every day to build a truly student-centered mindset and inquiry-based classroom culture. Watershed delivers innovative, high-quality professional learning opportunities at less cost and with greater ease and engagement than traditional approaches to professional development.

Program Services

DescriptionGrantsExpenses
Watershed Collaborative is on a mission to better equip classroom teachers for the complex task of enabling students to learn how to learn for success in school, work, and life in the 21st century.Watershed supports teacher learning and practice differently, so that teachers can continuously improve and be responsive to the unique needs of their students. Watershed promotes student-driven inquiry, teacher collaboration, and reflective practice as evidence-based levers for improving outcomes and increasing equity. Watershed enables teachers to quickly learn - and master over time - methods they can use every day to build a truly student-centered mindset and inquiry-based classroom culture. Watershed delivers innovative, high-quality professional learning opportunities at less cost and with greater ease and engagement than traditional approaches to professional development.$74,790-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie Varnon-HughesCo-Chair-$0--
Catherine PurdonCo-Chair-$0--
Greer MeiselsSecretary-$0--
Nick GardnerTreasurer-$0--
Saneel PansareBoard Member-$0--
Justin HwaBoard Member-$0--
Sachin SharmaBoard Member-$0--
Jill TannerBoard Member-$0--
Nived KollantharaBoard Member-$0--
Selina MeerBoard Member-$0--
Michael GabrielBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Watershed Collaborative Inc
EIN
81-2938005
Phone
8886631115
Address
195 Willoughby Ave 109, Brooklyn, NY 11205

Signing Officer

Name
Lynn Pyfer
Title
Operations Director
Signed
2022-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Morse and Company Cpas
Address
88 MORGAN ST APT 5503, JERSEY CITY, NJ 07302
Preparer
Dexter A Morse CPA
Phone
2127652200
Supplemental Narrative

Additional Explanations

Other Revenue.1

Program Revenue $17774

Other Expenses.1001

Advertising and Promotion $496

Other Expenses.1002

Office Expenses $186

Other Expenses.1003

Information Technology $38423

Other Expenses.1005

Travel $30

Other Expenses.1009

Depreciation $39133

Other Expenses.1012

Insurance $1191

Other Expenses.1

Bank and service fees $655

Other Assets.1004

Miscellaneous - Beginning $64936 Miscellaneous - Ending $25803

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3000 Accounts Payable and Accrued Expenses - Ending $2500

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Revenue $17774
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $496
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