Civic Intelligence

Watershed Collaborative Inc.

990EZ • Fiscal year 2023 • EIN 81-2938005

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

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

56th percentile

0.00x

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

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

55th percentile

0.00x

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

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-79%

Higher net margin than 7% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Asset Growth

8th percentile

-75%

Faster asset growth than 8% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-74%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$10,300

Down $31,462 (-75%) from 2022

Net Assets

Down

$10,300

Down $28,962 (-74%) from 2022

Liabilities

Down

$0

Down $2,500 (-100%) from 2022

Revenue

Down

$36,822

Down $104,478 (-74%) from 2022

Expenses

Down

$65,784

Down $61,055 (-48%) from 2022

Net Income

Down

-$28,962

Down $43,423 (-300%) from 2022

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

2023

Assets$10,300
Liabilities$0
Net Assets$10,300

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

2023

Revenue$36,822
Expenses$65,784
Net Income-$28,962
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$36,822
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.

Watershed Collaborative is on a mission to better equip classroom teachers for thecomplex task of enabling students to learn how to learn for success in school,work, and life in the 21st century.

Program Services

DescriptionGrantsExpenses
Watershed Collaborative is on a mission to better equip classroom teachers for thecomplex 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 cancontinuously improve and be responsive to the unique needs of their students.Watershed promotes student-driven inquiry, teacher collaboration, and reflectivepractice as evidence-based levers for improving outcomes and increasing equity.Watershed enables teachers to quickly learn - and master over time - methods theycan use every day to build a truly student-centered mindset and inquiry-basedclassroom culture. Watershed delivers innovative, high-quality professionallearning opportunities at less cost and with greater ease and engagement thantraditional approaches to professional development.-$54,029
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nick GardnerTreasurerPT$0--
Greer MeiselsSecretary-$0--
Catherine PurdonCo-Chair-$0--
Stephanie Varnon-HughesCo-Chair-$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
Nick Gardner
Title
Treasurer
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Morse & Company CPAs LLP
Address
28445 Highgate Drive, Bonita Springs, FL 34135
Preparer
Dexter A Morse CPA
Phone
2127652200
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2157

Other Expenses.1002

Office Expenses $3754

Other Expenses.1003

Information Technology $10027

Other Expenses.1005

Travel $6048

Other Expenses.1012

Insurance $1430

Other Expenses.1

Bank and service fees $451

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2500 Accounts Payable and Accrued Expenses - Ending $0

Raw XML Appendix184 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Nick Gardner
IRS990EZ/BooksInCareOfDetail/PhoneNum04157103084
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0195 Willoughby Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041762
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010300
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012537
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-28962
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt035717
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt041762
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010300
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt036822
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0194
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039262
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010300
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039262
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010300
IRS990EZ/OccupancyRentUtltsAndMaintAmt03260
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nick Gardner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Greer Meisels
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Catherine Purdon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Stephanie Varnon-Hughes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Saneel Pansare
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Justin Hwa
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Sachin Sharma
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jill Tanner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Nived Kollanthara
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Selina Meer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Michael Gabriel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Co-Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Co-Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt023867
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Watershed Collaborative is on a mission to better equip classroom teachers for thecomplex task of enabling students to learn how to learn for success in school,work, and life in the 21st century.
IRS990EZ/ProgramServiceRevenueAmt024091
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Watershed Collaborative is on a mission to better equip classroom teachers for thecomplex 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 cancontinuously improve and be responsive to the unique needs of their students.Watershed promotes student-driven inquiry, teacher collaboration, and reflectivepractice as evidence-based levers for improving outcomes and increasing equity.Watershed enables teachers to quickly learn - and master over time - methods theycan use every day to build a truly student-centered mindset and inquiry-basedclassroom culture. Watershed delivers innovative, high-quality professionallearning opportunities at less cost and with greater ease and engagement thantraditional approaches to professional development.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt054029
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02940
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065784
IRS990EZ/TotalProgramServiceExpensesAmt054029
IRS990EZ/TotalRevenueAmt036822
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.watershed-ed.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0123498
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt026634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt019200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt056059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0237928
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0237928
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0123498
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt026634
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt019200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt056059
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0237928
IRS990ScheduleA/TotalSupportAmt0237928
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3754
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $10027
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $6048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank and service fees $451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Payable and Accrued Expenses - Beginning $2500 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nick Gardner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Watershed Collaborative Inc
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0812938005
ReturnHeader/Filer/PhoneNum08886631115
ReturnHeader/Filer/USAddress/AddressLine1Txt0195 Willoughby Ave 109
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011205
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263957706
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Morse & Company CPAs LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028445 Highgate Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bonita Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034135
ReturnHeader/PreparerPersonGrp/PhoneNum02127652200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dexter A Morse CPA
ReturnHeader/ReturnTs02024-05-15T13:22:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Nick
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Gardner
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings