Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
990 • Fiscal year 2021 • EIN 83-2041181
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 19.5% of source-year revenue.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Assets
Down$78,471
Down $118,692 (-60%) from 2020
Net Assets
Down$46,037
Down $20,957 (-31%) from 2020
Liabilities
Down$32,434
Down $97,735 (-75%) from 2020
Revenue
Down$681,799
Down $129,185 (-16%) from 2020
Expenses
Down$960,214
Down $67,424 (-6.6%) from 2020
Net Income
Down-$278,415
Down $61,761 (-29%) from 2020
The organization will educate and train the public on the principles of systems thinking. Systems thinking is a transformational approach to learning, problem-solving, and understanding the world. Systems thinking helps people of all ages and walks of life see beyond the heart of a problem to find fair and lasting solutions that deliver benefits. The organization will contract with other organizations to provide systems thinking professional development services to the employees and/or officers of such other organizations. Some of the organizations with which the organization plans to contract with are wk kellogg foundation, twin rivers unified school district. The organization will also sell habit cards, books, posters, and other eduational materials for a reasonable fee. The organization also operates an online learning platform called thinkingtoolsstudio.org.
The organization will educate and train the public on the principles of systems thinking. Systems thinking is a transformational approach to learning, prombloem-solving, and understanding the world. Systems thinking helps people of all ages and walks of life see beyond the hear of a problem to find fair and lasting solutions that deliver benefits. The organization will contract with other organizations to provide systems thinking professional development services to the employees and/or officers of such other organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $66,994 | $46,037 | ▼ $20,957 |
| Accounts Receivable | $496 | $44,357 | ▲ $43,861 |
| Cash and Non-Interest-Bearing Accounts | $195,963 | $34,114 | ▼ $161,849 |
| Prepaid Expenses and Deferred Charges | $704 | - | - |
| Total Assets | $197,163 | $78,471 | ▼ $118,692 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $22,434 | - |
| Unsecured Notes Loans Payable | $129,043 | $10,000 | ▼ $119,043 |
| Deferred Revenue | $568 | - | - |
| Other Liabilities | $558 | - | - |
| Total Liabilities | $130,169 | $32,434 | ▼ $97,735 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $66,994 | $46,037 | ▼ $20,957 |
| Total Liabilities and Net Assets / Fund Balance | $197,163 | $78,471 | ▼ $118,692 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Tracy Benson | CEO and Pres | FT | $132,917 | $132,917 |
| Mary Quinnan | Vice Preside | FT | $110,000 | $110,000 |
| Sheri Marlin | Chief Learni | FT | $110,000 | $110,000 |
| Romy Banks | COO | FT | $100,000 | $100,000 |
| Joan Yates | Sr Vice Pres | PT | $55,000 | $55,000 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $818,116 |
| Other Expenses | $142,098 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $492,917 | $15,000 | - | $507,917 |
| Other Salaries and Wages | $198,273 | - | - | $198,273 |
| Other Employee Benefits | $57,537 | - | - | $57,537 |
| Payroll Taxes | $53,242 | $1,147 | - | $54,389 |
| Information Technology | $32,371 | - | - | $32,371 |
| All Other Expenses | $15,882 | - | - | $15,882 |
| Other Expenses | $11,869 | - | - | $11,869 |
| Travel | $7,497 | - | - | $7,497 |
| Insurance | $3,313 | - | - | $3,313 |
| Fees for Services Legal | $1,102 | - | - | $1,102 |
| Conferences and Meetings | $95 | - | - | $95 |
| Total Functional Expenses | $944,067 | $16,147 | $0 | $960,214 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Federal form 990 will be made available to the public upon request. The form 990 and other required forms, such as governing documents and conflict of interest policy are also made available to the public upon request. When applicable, audited financial statements will be available upon request.”
“Accountants to prepare the form 990. The form 990 will be distributed to all board of directors via online meeting for discussion and analysis. Following approval of the form 990 by the board of directors, the form 990 will be submitted to the internal revenue service.”
“The board of directors reviews the conflict of interest policy on an annual basis and each board member completes and signs a conflict of interest disclosure statement. The signed conflict of interest disclosure statements are retained in the organizations files.”
“The board of directors has established a compensation approval policy. The board of directors shall annually evaluate the president/ceo on his/her performance, and ask for his/her input on matters of performance and compensation. The board will obtain research and information to make a recommendation for the compensation (salary and benefits) of the president/ceo based upon review of comparability data. For example, the board will secure data that documents compensation levels and benefits for similarly qualified individuals in comparable positions at similar organizations.”
“No documents available to the public”
“The organization will educate and train the public on the principles of systems thinking. Systems thinking is a transformational approach to learning, problem-solivng, and understanding the world. Systems thinking helps people of all ages and alks of life see beyond the heart of a problem to find fair and lasting solutions that deliver benefits. The organization will contract with other organizations to provide systems thinking professional development services to the employees and/or officers of such other organizations. Some of the organizations with which the organization plans to contract with are twin rivers unified school district, maryland deparment of education, louisiana department of education, and sacramento county office of education. The organization will also sell habit cards, books, posters, and other educational materials for a reasonable fee. The organization also operates an online learning plateform calld thiningtoolsstudio.org.”
“The waters center utilizes a set of habits, concepts and tools to bring systems thinking concepts and strategies to life. This instructional toolbox is the foundation of our approach to helping people become systems thinkers. We help facilitate the development of systems thinkers who go on to become contributing organizational leaders and community members. Having worked with people from around the world, we know our methods effectively benefit and support people from all cultures, age groups and work places. Our offerings include: - coaching and support structures to adopt and implement systems thinking into organization, school, community and more; - professional development options such as workshops varying from introductory to advanced; - customized systems thinking integration plans created for specific desired outcomes; - multi-day learning events including systems thinking trainings, institutes and forums; the thinking tools studio is a digital learning space created by the waters center for systems thinking. The studio has a wide array of offerings including courses on the habits, tools and archetypes of systems thinking, resources like templates, lesson plans, facilitation guides and more, plus opportunities for reflection and practice.”
“Ppp loan forgiveness 257,458”
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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| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION WILL EDUCATE AND TRAIN THE PUBLIC ON THE PRINCIPLES OF SYSTEMS THINKING. SYSTEMS THINKING IS A TRANSFORMATIONAL APPROACH TO LEARNING, PROMBLOEM-SOLVING, AND UNDERSTANDING THE WORLD. SYSTEMS THINKING HELPS PEOPLE OF ALL AGES AND WALKS OF LIFE SEE BEYOND THE HEAR OF A PROBLEM TO FIND FAIR AND LASTING SOLUTIONS THAT DELIVER BENEFITS. THE ORGANIZATION WILL CONTRACT WITH OTHER ORGANIZATIONS TO PROVIDE SYSTEMS THINKING PROFESSIONAL DEVELOPMENT SERVICES TO THE EMPLOYEES AND/OR OFFICERS OF SUCH OTHER ORGANIZATIONS. |
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| IRS990/Desc | 0 | THE WATERS CENTER UTILIZES A SET OF HABITS, CONCEPTS AND TOOLS TO BRING SYSTEMS THINKING CONCEPTS AND STRATEGIES TO LIFE. THIS INSTRUCTIONAL TOOLBOX IS THE FOUNDATION OF OUR APPROACH TO HELPING PEOPLE BECOME SYSTEMS THINKERS. WE HELP FACILITATE THE DEVELOPMENT OF SYSTEMS THINKERS WHO GO ON TO BECOME CONTRIBUTING ORGANIZATIONAL LEADERS AND COMMUNITY MEMBERS. HAVING WORKED WITH PEOPLE FROM AROUND THE WORLD, WE KNOW OUR METHODS EFFECTIVELY BENEFIT AND SUPPORT PEOPLE FROM ALL CULTURES, AGE GROUPS AND WORK PLACES. OUR OFFERINGS INCLUDE: - COACHING AND SUPPORT STRUCTURES TO ADOPT AND IMPLEMENT SYSTEMS THINKING INTO ORGANIZATION, SCHOOL, COMMUNITY AND MORE; - PROFESSIONAL DEVELOPMENT OPTIONS SUCH AS WORKSHOPS VARYING FROM INTRODUCTORY TO ADVANCED; - CUSTOMIZED SYSTEMS THINKING INTEGRATION PLANS CREATED FOR SPECIFIC DESIRED OUTCOMES; - MULTI-DAY LEARNING EVENTS INCLUDING SYSTEMS THINKING TRAININGS, INSTITUTES AND FORUMS; THE THINKING TOOLS STUDIO IS A DIGITAL LEARNING SPACE CREATED BY THE WATERS CENTER FOR SYSTEMS THINKING. THE STUDIO HAS A WIDE ARRAY OF OFFERINGS INCLUDING COURSES ON THE HABITS, TOOLS AND ARCHETYPES OF SYSTEMS THINKING, RESOURCES LIKE TEMPLATES, LESSON PLANS, FACILITATION GUIDES AND MORE, PLUS OPPORTUNITIES FOR REFLECTION AND PRACTICE. |
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| IRS990/MissionDesc | 0 | THE ORGANIZATION WILL EDUCATE AND TRAIN THE PUBLIC ON THE PRINCIPLES OF SYSTEMS THINKING. SYSTEMS THINKING IS A TRANSFORMATIONAL APPROACH TO LEARNING, PROBLEM-SOLIVNG, AND UNDERSTANDING THE WORLD. SYSTEMS THINKING HELPS PEOPLE OF ALL AGES AND ALKS OF LIFE SEE BEYOND THE HEART OF A PROBLEM TO FIND FAIR AND LASTING SOLUTIONS THAT DELIVER BENEFITS. THE ORGANIZATION WILL CONTRACT WITH OTHER ORGANIZATIONS TO PROVIDE SYSTEMS THINKING PROFESSIONAL DEVELOPMENT SERVICES TO THE EMPLOYEES AND/OR OFFICERS OF SUCH OTHER ORGANIZATIONS. SOME OF THE ORGANIZATIONS WITH WHICH THE ORGANIZATION PLANS TO CONTRACT WITH ARE TWIN RIVERS UNIFIED SCHOOL DISTRICT, MARYLAND DEPARMENT OF EDUCATION, LOUISIANA DEPARTMENT OF EDUCATION, AND SACRAMENTO COUNTY OFFICE OF EDUCATION. THE ORGANIZATION WILL ALSO SELL HABIT CARDS, BOOKS, POSTERS, AND OTHER EDUCATIONAL MATERIALS FOR A REASONABLE FEE. THE ORGANIZATION ALSO OPERATES AN ONLINE LEARNING PLATEFORM CALLD THININGTOOLSSTUDIO.ORG. |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE PUBLIC SUPPORT TEST CALCULATION ON SCHEDULE A, PART III, INCLUDES A SHORT-PERIOD. THE SHORT-PERIOD INCLUDED WITHIN THE PUBLIC SUPPORT TEST CALCULATION IS SEPTEMBER 25, 2018 TO DECEMBER 31, 2018. THE ORGANIZATION WAS FORMED IN 2018. AS DETERMINED BY THE INTERNAL REVENUE SERVICE, THE EFFECTIVE DATE OF EXEMPTION FOR THE ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) IS SEPTEMBER 25, 2018. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION WILL EDUCATE AND TRAIN THE PUBLIC ON THE PRINCIPLES OF SYSTEMS THINKING. SYSTEMS THINKING IS A TRANSFORMATIONAL APPROACH TO LEARNING, PROBLEM-SOLIVNG, AND UNDERSTANDING THE WORLD. SYSTEMS THINKING HELPS PEOPLE OF ALL AGES AND ALKS OF LIFE SEE BEYOND THE HEART OF A PROBLEM TO FIND FAIR AND LASTING SOLUTIONS THAT DELIVER BENEFITS. THE ORGANIZATION WILL CONTRACT WITH OTHER ORGANIZATIONS TO PROVIDE SYSTEMS THINKING PROFESSIONAL DEVELOPMENT SERVICES TO THE EMPLOYEES AND/OR OFFICERS OF SUCH OTHER ORGANIZATIONS. SOME OF THE ORGANIZATIONS WITH WHICH THE ORGANIZATION PLANS TO CONTRACT WITH ARE TWIN RIVERS UNIFIED SCHOOL DISTRICT, MARYLAND DEPARMENT OF EDUCATION, LOUISIANA DEPARTMENT OF EDUCATION, AND SACRAMENTO COUNTY OFFICE OF EDUCATION. THE ORGANIZATION WILL ALSO SELL HABIT CARDS, BOOKS, POSTERS, AND OTHER EDUCATIONAL MATERIALS FOR A REASONABLE FEE. THE ORGANIZATION ALSO OPERATES AN ONLINE LEARNING PLATEFORM CALLD THININGTOOLSSTUDIO.ORG. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE WATERS CENTER UTILIZES A SET OF HABITS, CONCEPTS AND TOOLS TO BRING SYSTEMS THINKING CONCEPTS AND STRATEGIES TO LIFE. THIS INSTRUCTIONAL TOOLBOX IS THE FOUNDATION OF OUR APPROACH TO HELPING PEOPLE BECOME SYSTEMS THINKERS. WE HELP FACILITATE THE DEVELOPMENT OF SYSTEMS THINKERS WHO GO ON TO BECOME CONTRIBUTING ORGANIZATIONAL LEADERS AND COMMUNITY MEMBERS. HAVING WORKED WITH PEOPLE FROM AROUND THE WORLD, WE KNOW OUR METHODS EFFECTIVELY BENEFIT AND SUPPORT PEOPLE FROM ALL CULTURES, AGE GROUPS AND WORK PLACES. OUR OFFERINGS INCLUDE: - COACHING AND SUPPORT STRUCTURES TO ADOPT AND IMPLEMENT SYSTEMS THINKING INTO ORGANIZATION, SCHOOL, COMMUNITY AND MORE; - PROFESSIONAL DEVELOPMENT OPTIONS SUCH AS WORKSHOPS VARYING FROM INTRODUCTORY TO ADVANCED; - CUSTOMIZED SYSTEMS THINKING INTEGRATION PLANS CREATED FOR SPECIFIC DESIRED OUTCOMES; - MULTI-DAY LEARNING EVENTS INCLUDING SYSTEMS THINKING TRAININGS, INSTITUTES AND FORUMS; THE THINKING TOOLS STUDIO IS A DIGITAL LEARNING SPACE CREATED BY THE WATERS CENTER FOR SYSTEMS THINKING. THE STUDIO HAS A WIDE ARRAY OF OFFERINGS INCLUDING COURSES ON THE HABITS, TOOLS AND ARCHETYPES OF SYSTEMS THINKING, RESOURCES LIKE TEMPLATES, LESSON PLANS, FACILITATION GUIDES AND MORE, PLUS OPPORTUNITIES FOR REFLECTION AND PRACTICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FEDERAL FORM 990 WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 AND OTHER REQUIRED FORMS, SUCH AS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO MADE AVAILABLE TO THE PUBLIC UPON REQUEST. WHEN APPLICABLE, AUDITED FINANCIAL STATEMENTS WILL BE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTANTS TO PREPARE THE FORM 990. THE FORM 990 WILL BE DISTRIBUTED TO ALL BOARD OF DIRECTORS VIA ONLINE MEETING FOR DISCUSSION AND ANALYSIS. FOLLOWING APPROVAL OF THE FORM 990 BY THE BOARD OF DIRECTORS, THE FORM 990 WILL BE SUBMITTED TO THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND EACH BOARD MEMBER COMPLETES AND SIGNS A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE RETAINED IN THE ORGANIZATIONS FILES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BOARD OF DIRECTORS HAS ESTABLISHED A COMPENSATION APPROVAL POLICY. THE BOARD OF DIRECTORS SHALL ANNUALLY EVALUATE THE PRESIDENT/CEO ON HIS/HER PERFORMANCE, AND ASK FOR HIS/HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. THE BOARD WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION FOR THE COMPENSATION (SALARY AND BENEFITS) OF THE PRESIDENT/CEO BASED UPON REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THE BOARD WILL SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PPP LOAN FORGIVENESS 257,458 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TRACY BENSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO AND PRESIDENT |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-04 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WATE |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 860639718 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SHAFFER & DANKER CPA'S PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3130 N DODGE BLVD |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LAURA M DANKER |
| ReturnHeader/ReturnTs | 0 | 2022-11-14T16:09:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.