Civic Intelligence

Wsk House Inc

EIN 81-3939074 • 501(c)3 • Boston, MA

Profile

Wsk was organized for benefiting, performing the functions of, and carrying out the purposes of bridge over troubled waters, inc.

47 West StreetBoston, MA 02111

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.72x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

22.27x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

2nd percentile

-156%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-4.8%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

67th percentile

19%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,674,546

Down $195,459 (-5.1%) from 2023

Liabilities

Flat

$2,788,705

Flat from 2023

Net Assets

Down

$885,841

Down $195,459 (-18%) from 2023

Revenue

Down

$117,050

Down $8,188 (-6.5%) from 2023

Expenses

Down

$312,509

Down $8,187 (-2.6%) from 2023

Net Income

Down

-$195,459

Down $1 (-0.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2017: $3,746,152Liabilities 2017: $2,318,105Net Assets 2017: $1,428,0472017Assets 2018: $5,046,793Liabilities 2018: $2,888,631Net Assets 2018: $2,158,1622018Assets 2019: $4,708,267Liabilities 2019: $2,772,860Net Assets 2019: $1,935,4072019Assets 2020: $4,490,078Liabilities 2020: $2,772,860Net Assets 2020: $1,717,2182020Assets 2021: $4,273,496Liabilities 2021: $2,772,860Net Assets 2021: $1,500,6362021Assets 2022: $4,065,463Liabilities 2022: $2,788,705Net Assets 2022: $1,276,7582022Assets 2023: $3,870,005Liabilities 2023: $2,788,705Net Assets 2023: $1,081,3002023Assets 2024: $3,674,546Liabilities 2024: $2,788,705Net Assets 2024: $885,8412024

Highlighted filing

2024

Assets$3,674,546
Liabilities$2,788,705
Net Assets$885,841

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2017: $1,428,047Expenses 2017: $0Net Income 2017: $1,428,0472017Revenue 2018: $1,065,431Expenses 2018: $335,316Net Income 2018: $730,1152018Revenue 2019: $49,461Expenses 2019: $272,216Net Income 2019: -$222,7552019Revenue 2020: $49,035Expenses 2020: $267,224Net Income 2020: -$218,1892020Revenue 2021: $120,309Expenses 2021: $336,891Net Income 2021: -$216,5822021Revenue 2022: $105,428Expenses 2022: $329,306Net Income 2022: -$223,8782022Revenue 2023: $125,238Expenses 2023: $320,696Net Income 2023: -$195,4582023Revenue 2024: $117,050Expenses 2024: $312,509Net Income 2024: -$195,4592024

Highlighted filing

2024

Revenue$117,050
Expenses$312,509
Net Income-$195,459

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$117,050
Mission and Program Overview

Mission

Wsk was organized for benefiting, performing the functions of, and carrying out the purposes of bridge over troubled waters, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,825,916$3,630,457▼ $195,459
Cash and Non-Interest-Bearing Accounts$44,089$44,089→ $0
Total Assets$3,870,005$3,674,546▼ $195,459
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,772,860$2,772,860→ $0
Other Liabilities$15,845$15,845→ $0
Total Liabilities$2,788,705$2,788,705→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,081,300$885,841▼ $195,459
Total Net Assets Fund Balance$1,081,300$885,841▼ $195,459
Total Liabilities and Net Assets / Fund Balance$3,870,005$3,674,546▼ $195,459

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,465,716$1,350,583$4,816,299
Land$160,000-$160,000
Equipment$4,741$124,644$129,385
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$117,050
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-195,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$312,509
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$195,458--$195,458
Occupancy$117,051--$117,051
Total Functional Expenses$312,509$0$0$312,509
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Bridge Over Troubled Waters$15,845
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of the organization is bridge over troubled waters, inc.

Form 990, Part VI, Section A, Line 7B

The articles of organization and the bylaws may only be altered, amended, or repealed by the member.

Form 990, Part VI, Section B, Line 11B

Irs form 990 is reviewed and approved by the ceo and the outsourced accounting firm and recommended for approval to the board finance committee prior to submission. A copy of the final form 990 is provided to the entire board before filing.

Form 990, Part VI, Section B, Line 12C

The board of directors has an approved conflict of interest policy included as part of the organization's bylaws. Under the policy, the board, or a committee of the board will authorize, approve or ratify any contracts or transactions between the organization and any one or more of its directors, or any organizations in which one or more of its directors are members, shareholders, directors, trustees or officers, or in which any of them has a financial or other interest. Under the policy, common or interested persons may be counted in determining the presence of a quorum at a meeting of the directors (or committee thereof) which authorizes or approves the contract or transaction. However, the common or interested persons must withdraw from the discussion and voting of the interested contract or transaction in which they have a financial interest. Each director must provide the board with an annual written disclosure of the director's business involvements with the organization and the director's other board memberships. Such annual written disclosure must be circulated to all of the directors and must be updated throughout the year as necessary. Application of this policy does not apply to key employees. However, there are currently no employees who meet the definition of a key employee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wsk House Inc
EIN
81-3939074
Phone
6174239575
Address
47 WEST STREET, BOSTON, MA 02111

Signing Officer

Name
Elisabeth Jackson
Title
CEO
Phone
6174239575
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elisabeth Jackson
Formed
2016
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
30 BRAINTREE HL OFFICE PARK STE 300, BRAINTREE, MA 02184
Preparer
Amanda Adams
Phone
7813562000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertain tax positions in accordance with fasb asc topic income taxes. This topic prescribes a recognition threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The topic also provides guidance on recognition, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. At june 30, 2024 and 2023, management believes that the organization has no material uncertain tax positions.

Raw XML Appendix395 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.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0267759
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0WSK'S CEO IS ALSO THE CEO OF BRIDGE OVER TROUBLED WATERS, INC. WSK DOES NOT COMPENSATE THE CEO HOWEVER BRIDGE OVER TROUBLED WATERS, INC. DOES. BRIDGE OVER TROUBLED WATERS USES A COMPENSATION COMMITTEE, A COMPENSATION STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE CEO'S COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF THE ORGANIZATION IS BRIDGE OVER TROUBLED WATERS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ARTICLES OF ORGANIZATION AND THE BYLAWS MAY ONLY BE ALTERED, AMENDED, OR REPEALED BY THE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IRS FORM 990 IS REVIEWED AND APPROVED BY THE CEO AND THE OUTSOURCED ACCOUNTING FIRM AND RECOMMENDED FOR APPROVAL TO THE BOARD FINANCE COMMITTEE PRIOR TO SUBMISSION. A COPY OF THE FINAL FORM 990 IS PROVIDED TO THE ENTIRE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS HAS AN APPROVED CONFLICT OF INTEREST POLICY INCLUDED AS PART OF THE ORGANIZATION'S BYLAWS. UNDER THE POLICY, THE BOARD, OR A COMMITTEE OF THE BOARD WILL AUTHORIZE, APPROVE OR RATIFY ANY CONTRACTS OR TRANSACTIONS BETWEEN THE ORGANIZATION AND ANY ONE OR MORE OF ITS DIRECTORS, OR ANY ORGANIZATIONS IN WHICH ONE OR MORE OF ITS DIRECTORS ARE MEMBERS, SHAREHOLDERS, DIRECTORS, TRUSTEES OR OFFICERS, OR IN WHICH ANY OF THEM HAS A FINANCIAL OR OTHER INTEREST. UNDER THE POLICY, COMMON OR INTERESTED PERSONS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE DIRECTORS (OR COMMITTEE THEREOF) WHICH AUTHORIZES OR APPROVES THE CONTRACT OR TRANSACTION. HOWEVER, THE COMMON OR INTERESTED PERSONS MUST WITHDRAW FROM THE DISCUSSION AND VOTING OF THE INTERESTED CONTRACT OR TRANSACTION IN WHICH THEY HAVE A FINANCIAL INTEREST. EACH DIRECTOR MUST PROVIDE THE BOARD WITH AN ANNUAL WRITTEN DISCLOSURE OF THE DIRECTOR'S BUSINESS INVOLVEMENTS WITH THE ORGANIZATION AND THE DIRECTOR'S OTHER BOARD MEMBERSHIPS. SUCH ANNUAL WRITTEN DISCLOSURE MUST BE CIRCULATED TO ALL OF THE DIRECTORS AND MUST BE UPDATED THROUGHOUT THE YEAR AS NECESSARY. APPLICATION OF THIS POLICY DOES NOT APPLY TO KEY EMPLOYEES. HOWEVER, THERE ARE CURRENTLY NO EMPLOYEES WHO MEET THE DEFINITION OF A KEY EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BRIDGE OVER TROUBLED WATERS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BRIDGE OVER TROUBLED WATERS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BRUNSON HOUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042472126
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1931592472
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0INTERVENTION, PREVENTION, AND OUTREACH TO RUNAWAYS AND HOMELESS YOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1A SUPPORTING ORGANIZATION - HOUSING FOR BOTW'S PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12B
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt047 WEST STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt147 WEST STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002111
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102111
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03870005
IRS990/TotalAssetsEOYAmt03674546
IRS990/TotalAssetsGrp/BOYAmt03870005
IRS990/TotalAssetsGrp/EOYAmt03674546
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0312509
IRS990/TotalFunctionalExpensesGrp/TotalAmt0312509
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02788705
IRS990/TotalLiabilitiesEOYAmt02788705
IRS990/TotalLiabilitiesGrp/BOYAmt02788705
IRS990/TotalLiabilitiesGrp/EOYAmt02788705
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01081300
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0885841
IRS990/TotalOtherCompensationAmt022521
IRS990/TotalProgramServiceExpensesAmt0312509
IRS990/TotalProgramServiceRevenueAmt0117050
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0117050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0117050
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03870005
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03674546
IRS990/TotReportableCompRltdOrgAmt0245238
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt047 WEST STREET
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002111
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELISABETH JACKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06174239575
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WSK HOUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0WSKH
ReturnHeader/Filer/EIN0813939074
ReturnHeader/Filer/PhoneNum06174239575
ReturnHeader/Filer/USAddress/AddressLine1Txt047 WEST STREET
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002111
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872525370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030 BRAINTREE HL OFFICE PARK STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813562000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA ADAMS
ReturnHeader/ReturnTs02025-05-01T13:51:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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