Civic Intelligence

Waters Center for Systems Thinking Inc.

990 • Fiscal year 2022 • EIN 83-2041181

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

7090 N Oracle Rd Suite 178-127Tucson, AZ 85704-4383

(412) 579-8903

Siviq Scores

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

Liabilities / Assets

54th percentile

0.03x

Higher debt load relative to assets than 54% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.01x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$125,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

98th percentile

316%

Faster asset growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

44%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$326,312

Up $247,841 (+316%) from 2021

Net Assets

Up

$317,266

Up $271,229 (+589%) from 2021

Liabilities

Down

$9,046

Down $23,388 (-72%) from 2021

Revenue

Up

$984,691

Up $302,892 (+44%) from 2021

Expenses

Down

$825,910

Down $134,304 (-14%) from 2021

Net Income

Up

$158,781

Up $437,196 (+157%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $293,330Liabilities 2019: $9,682Net Assets 2019: $283,6482019Assets 2020: $197,163Liabilities 2020: $130,169Net Assets 2020: $66,9942020Assets 2021: $78,471Liabilities 2021: $32,434Net Assets 2021: $46,0372021Assets 2022: $326,312Liabilities 2022: $9,046Net Assets 2022: $317,2662022Assets 2023: $463,488Liabilities 2023: $9,470Net Assets 2023: $454,0182023Assets 2024: $1,644,330Liabilities 2024: $28,147Net Assets 2024: $1,616,1832024

Highlighted filing

2022

Assets$326,312
Liabilities$9,046
Net Assets$317,266

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $1,017,863Expenses 2019: $734,215Net Income 2019: $283,6482019Revenue 2020: $810,984Expenses 2020: $1,027,638Net Income 2020: -$216,6542020Revenue 2021: $681,799Expenses 2021: $960,214Net Income 2021: -$278,4152021Revenue 2022: $984,691Expenses 2022: $825,910Net Income 2022: $158,7812022Revenue 2023: $1,078,230Expenses 2023: $941,478Net Income 2023: $136,7522023Revenue 2024: $2,309,739Expenses 2024: $1,147,574Net Income 2024: $1,162,1652024

Highlighted filing

2022

Revenue$984,691
Expenses$825,910
Net Income$158,781
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$984,691
Mission and Program Overview

Mission

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.

At the waters center for systems thinking (wcst) our mission is to empower individuals to adopt systems thinking in their work and life. By leveraging this transformational approach to learning, leading and problem-solving, people of all ages and backgrounds are able to uncover equitable and sustainable solutions. Through strategic partnerships, we offer systems thinking professional development services to organizations, school systems, and individuals, empowering them to think critically, innovate, and create positive change. Wcst operates an online learning platform, thinking tools studio, and makes available habits cards, books, posters and other educational materials available for sale for a reasonable fee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$46,037$317,266▲ $271,229
Cash and Non-Interest-Bearing Accounts$34,114$157,069▲ $122,955
Accounts Receivable$44,357$145,603▲ $101,246
Inventories for Sale or Use-$23,640-
Total Assets$78,471$326,312▲ $247,841
Liabilities
Accounts Payable and Accrued Expenses$22,434--
Unsecured Notes Loans Payable$10,000--
Other Liabilities-$9,046-
Total Liabilities$32,434$9,046▼ $23,388
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,037$317,266▲ $271,229
Total Liabilities and Net Assets / Fund Balance$78,471$326,312▲ $247,841
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracy BensonCEO and PresFT$125,000$125,000
Sheri MarlinChief LearniFT$105,713$105,713

Board Members and Trustees

NameTitle
Travis JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$300,635
Program Service Revenue
$684,056
Investment Income
$0
Other Revenue
$0
All Other Contributions
$300,635
Change in Net Assets
$158,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$665,304
Other Expenses$160,606
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$566,437--$566,437
Payroll Taxes$51,986--$51,986
Other Employee Benefits$46,881--$46,881
Office Expenses$17,692--$17,692
All Other Expenses$16,855--$16,855
Insurance$12,984--$12,984
Travel$11,298--$11,298
Information Technology$9,418--$9,418
Other Expenses$8,545--$8,545
Advertising$5,065--$5,065
Fees for Services Legal$4,513--$4,513
Fees for Services Other$3,968--$3,968
Fees for Services Accounting$3,166--$3,166
Conferences and Meetings$105--$105
Total Functional Expenses$825,910$0$0$825,910
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
Credit Cards Payble$5,863
Payroll Payable$3,183
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

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.

Form 990, Page 6, Part VI, Line 11B

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.

Form 990, Page 6, Part VI, Line 12C

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.

Form 990, Page 6, Part VI, Line 15A

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.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Waters Center for Systems Thinking
EIN
83-2041181
Phone
4125798903
Address
7090 N ORACLE RD SUITE 178-127, TUCSON, AZ 85704-4383

Signing Officer

Name
Tracy Benson
Title
CEO and President
Phone
4125798903
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Benson
Formed
2018
Legal Domicile
De
Voting Board Members
3
Independent Board Members
1
Employees
9

Preparer

Firm
SHAFFER & DANKER CPA'S PC
Address
3130 N DODGE BLVD, TUCSON, AZ 85716-1726
Preparer
Laura M Danker
Phone
5202968100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to help people develop as systems thinkers. We aim to increase the number of schools, districts and organizations that are actively incorporating systems thinking into teaching, leading and learning. Although systems thinking is rooted in complex theory and analytics, we make systems thinking concepts easy to understand and applicable to real-world settings and challenges. We are dedicated to increasing the capacity of educators, as well as community and business leaders to deliver lifetime benefits to others through the effective application of systems thinking. From the classroom to the boardroom, our aim is to ensure that all children and adults have the opportunity to develop their systems thinking capacities so they can become successful in school, work and life.

Form 990, Page 2, Part III, Line 4A

The wcst uses a set of habits, concepts and tools to make systems thinking accessible to everyone. This instructional toolbox is the foundation of our approach to helping people become systems thinkers. Wcst has worked with people from around the world, with methods that effectively benefit and support people from diverse cultures, age groups and work places. Our offerings include: -coaching and support structures for adopting and implementing systems thinking into organizations, schools, and communities; -a range of systems thinking professional development options from introductory to advanced -customized systems thinking integration plans created for specific desired outcomes; -multi-day learning events, systems thinking training, institutes, and forums offered both virtually and in person. -an online learning platform, the thinking tools studio, with a wide array of offerings including courses on the habits, tools, and archetypes, resources, templates, lesson plans, and facilitation guides.

Form 990, Part XI, Line 9

Erc refunds 88,448 inventory recognition 24,000 total 112,448

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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/ActivityOrMissionDesc0AT THE WATERS CENTER FOR SYSTEMS THINKING (WCST) OUR MISSION IS TO EMPOWER INDIVIDUALS TO ADOPT SYSTEMS THINKING IN THEIR WORK AND LIFE. BY LEVERAGING THIS TRANSFORMATIONAL APPROACH TO LEARNING, LEADING AND PROBLEM-SOLVING, PEOPLE OF ALL AGES AND BACKGROUNDS ARE ABLE TO UNCOVER EQUITABLE AND SUSTAINABLE SOLUTIONS. THROUGH STRATEGIC PARTNERSHIPS, WE OFFER SYSTEMS THINKING PROFESSIONAL DEVELOPMENT SERVICES TO ORGANIZATIONS, SCHOOL SYSTEMS, AND INDIVIDUALS, EMPOWERING THEM TO THINK CRITICALLY, INNOVATE, AND CREATE POSITIVE CHANGE. WCST OPERATES AN ONLINE LEARNING PLATFORM, THINKING TOOLS STUDIO, AND MAKES AVAILABLE HABITS CARDS, BOOKS, POSTERS AND OTHER EDUCATIONAL MATERIALS AVAILABLE FOR SALE FOR A REASONABLE FEE.
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IRS990/Desc0THE WCST USES A SET OF HABITS, CONCEPTS AND TOOLS TO MAKE SYSTEMS THINKING ACCESSIBLE TO EVERYONE. THIS INSTRUCTIONAL TOOLBOX IS THE FOUNDATION OF OUR APPROACH TO HELPING PEOPLE BECOME SYSTEMS THINKERS. WCST HAS WORKED WITH PEOPLE FROM AROUND THE WORLD, WITH METHODS THAT EFFECTIVELY BENEFIT AND SUPPORT PEOPLE FROM DIVERSE CULTURES, AGE GROUPS AND WORK PLACES. OUR OFFERINGS INCLUDE: -COACHING AND SUPPORT STRUCTURES FOR ADOPTING AND IMPLEMENTING SYSTEMS THINKING INTO ORGANIZATIONS, SCHOOLS, AND COMMUNITIES; -A RANGE OF SYSTEMS THINKING PROFESSIONAL DEVELOPMENT OPTIONS FROM INTRODUCTORY TO ADVANCED -CUSTOMIZED SYSTEMS THINKING INTEGRATION PLANS CREATED FOR SPECIFIC DESIRED OUTCOMES; -MULTI-DAY LEARNING EVENTS, SYSTEMS THINKING TRAINING, INSTITUTES, AND FORUMS OFFERED BOTH VIRTUALLY AND IN PERSON. -AN ONLINE LEARNING PLATFORM, THE THINKING TOOLS STUDIO, WITH A WIDE ARRAY OF OFFERINGS INCLUDING COURSES ON THE HABITS, TOOLS, AND ARCHETYPES, RESOURCES, TEMPLATES, LESSON PLANS, AND FACILITATION GUIDES.
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IRS990/MissionDesc0OUR MISSION IS TO HELP PEOPLE DEVELOP AS SYSTEMS THINKERS. WE AIM TO INCREASE THE NUMBER OF SCHOOLS, DISTRICTS AND ORGANIZATIONS THAT ARE ACTIVELY INCORPORATING SYSTEMS THINKING INTO TEACHING, LEADING AND LEARNING. ALTHOUGH SYSTEMS THINKING IS ROOTED IN COMPLEX THEORY AND ANALYTICS, WE MAKE SYSTEMS THINKING CONCEPTS EASY TO UNDERSTAND AND APPLICABLE TO REAL-WORLD SETTINGS AND CHALLENGES. WE ARE DEDICATED TO INCREASING THE CAPACITY OF EDUCATORS, AS WELL AS COMMUNITY AND BUSINESS LEADERS TO DELIVER LIFETIME BENEFITS TO OTHERS THROUGH THE EFFECTIVE APPLICATION OF SYSTEMS THINKING. FROM THE CLASSROOM TO THE BOARDROOM, OUR AIM IS TO ENSURE THAT ALL CHILDREN AND ADULTS HAVE THE OPPORTUNITY TO DEVELOP THEIR SYSTEMS THINKING CAPACITIES SO THEY CAN BECOME SUCCESSFUL IN SCHOOL, WORK AND LIFE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO HELP PEOPLE DEVELOP AS SYSTEMS THINKERS. WE AIM TO INCREASE THE NUMBER OF SCHOOLS, DISTRICTS AND ORGANIZATIONS THAT ARE ACTIVELY INCORPORATING SYSTEMS THINKING INTO TEACHING, LEADING AND LEARNING. ALTHOUGH SYSTEMS THINKING IS ROOTED IN COMPLEX THEORY AND ANALYTICS, WE MAKE SYSTEMS THINKING CONCEPTS EASY TO UNDERSTAND AND APPLICABLE TO REAL-WORLD SETTINGS AND CHALLENGES. WE ARE DEDICATED TO INCREASING THE CAPACITY OF EDUCATORS, AS WELL AS COMMUNITY AND BUSINESS LEADERS TO DELIVER LIFETIME BENEFITS TO OTHERS THROUGH THE EFFECTIVE APPLICATION OF SYSTEMS THINKING. FROM THE CLASSROOM TO THE BOARDROOM, OUR AIM IS TO ENSURE THAT ALL CHILDREN AND ADULTS HAVE THE OPPORTUNITY TO DEVELOP THEIR SYSTEMS THINKING CAPACITIES SO THEY CAN BECOME SUCCESSFUL IN SCHOOL, WORK AND LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE WCST USES A SET OF HABITS, CONCEPTS AND TOOLS TO MAKE SYSTEMS THINKING ACCESSIBLE TO EVERYONE. THIS INSTRUCTIONAL TOOLBOX IS THE FOUNDATION OF OUR APPROACH TO HELPING PEOPLE BECOME SYSTEMS THINKERS. WCST HAS WORKED WITH PEOPLE FROM AROUND THE WORLD, WITH METHODS THAT EFFECTIVELY BENEFIT AND SUPPORT PEOPLE FROM DIVERSE CULTURES, AGE GROUPS AND WORK PLACES. OUR OFFERINGS INCLUDE: -COACHING AND SUPPORT STRUCTURES FOR ADOPTING AND IMPLEMENTING SYSTEMS THINKING INTO ORGANIZATIONS, SCHOOLS, AND COMMUNITIES; -A RANGE OF SYSTEMS THINKING PROFESSIONAL DEVELOPMENT OPTIONS FROM INTRODUCTORY TO ADVANCED -CUSTOMIZED SYSTEMS THINKING INTEGRATION PLANS CREATED FOR SPECIFIC DESIRED OUTCOMES; -MULTI-DAY LEARNING EVENTS, SYSTEMS THINKING TRAINING, INSTITUTES, AND FORUMS OFFERED BOTH VIRTUALLY AND IN PERSON. -AN ONLINE LEARNING PLATFORM, THE THINKING TOOLS STUDIO, WITH A WIDE ARRAY OF OFFERINGS INCLUDING COURSES ON THE HABITS, TOOLS, AND ARCHETYPES, RESOURCES, TEMPLATES, LESSON PLANS, AND FACILITATION GUIDES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FEDERAL 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/ExplanationTxt3ACCOUNTANTS 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/ExplanationTxt4THE 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/ExplanationTxt5THE 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/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ERC REFUNDS 88,448 INVENTORY RECOGNITION 24,000 TOTAL 112,448
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TRACY BENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO AND PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04125798903
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-06
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA M DANKER
ReturnHeader/ReturnTs02023-11-09T16:21:16-05:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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