Civic Intelligence

Waters Center for Systems Thinking Inc.

990 • Fiscal year 2023 • EIN 83-2041181

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 31, 2024

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

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

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

Liabilities / Revenue

26th percentile

0.01x

Higher debt load relative to revenue than 26% of similar nonprofits.

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

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

81st percentile

$140,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

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

Asset Growth

87th percentile

42%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

54th percentile

9.5%

Faster revenue growth than 54% of similar nonprofits.

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

Assets

Up

$463,488

Up $137,176 (+42%) from 2022

Net Assets

Up

$454,018

Up $136,752 (+43%) from 2022

Liabilities

Up

$9,470

Up $424 (+4.7%) from 2022

Revenue

Up

$1,078,230

Up $93,539 (+9.5%) from 2022

Expenses

Up

$941,478

Up $115,568 (+14%) from 2022

Net Income

Down

$136,752

Down $22,029 (-14%) from 2022

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

2023

Assets$463,488
Liabilities$9,470
Net Assets$454,018

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

2023

Revenue$1,078,230
Expenses$941,478
Net Income$136,752
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2024
Return Version
2023v5.0
Gross Receipts
$1,078,230
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$317,266$454,018▲ $136,752
Cash and Non-Interest-Bearing Accounts$157,069$309,543▲ $152,474
Accounts Receivable$145,603$113,238▼ $32,365
Inventories for Sale or Use$23,640$40,707▲ $17,067
Total Assets$326,312$463,488▲ $137,176
Liabilities
Other Liabilities$9,046$9,470▲ $424
Total Liabilities$9,046$9,470▲ $424
Net Assets / Fund Balance
Total Net Assets Fund Balance$317,266$454,018▲ $136,752
Total Liabilities and Net Assets / Fund Balance$326,312$463,488▲ $137,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracy BensonCEO and PresFT$140,000$140,000
Sheri MarlinChief LearniFT$138,747$138,747

Board Members and Trustees

NameTitle
Travis JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$202,180
Program Service Revenue
$876,050
Investment Income
$0
Other Revenue
$0
All Other Contributions
$202,180
Change in Net Assets
$136,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$775,860
Other Expenses$165,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$396,233--$396,233
Current Officers, Directors, Trustees, and Key Employees$278,747--$278,747
Payroll Taxes$50,815--$50,815
Other Employee Benefits$50,065--$50,065
Office Expenses$26,029--$26,029
Other Expenses$7,077--$7,077
Travel$6,836--$6,836
Insurance$5,072--$5,072
Fees for Services Other$3,471--$3,471
Information Technology$3,181--$3,181
Conferences and Meetings$2,951--$2,951
Fees for Services Legal$2,600--$2,600
Advertising$2,157--$2,157
Fees for Services Accounting$1,473--$1,473
All Other Expenses$134--$134
Total Functional Expenses$941,478$0$0$941,478
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$6,037
Payroll Payable$3,433
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
2024-10-31
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
8

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 0 inventory recognition 0

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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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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 0 INVENTORY RECOGNITION 0
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/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO AND PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-31
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-31
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ReturnHeader/ReturnTs02024-11-12T15:00:56-05:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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