Civic Intelligence

Watershed School Inc.

990 • Fiscal year 2021 • EIN 84-1600705

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 10, 2021

Organization ProfileWATERSHEDSCHOOL.ORG

View Organization Page

1661 Alpine AveBoulder, CO 80304

(303) 440-7520

Siviq Scores

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

Liabilities / Assets

80th percentile

0.41x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.39x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

78th percentile

36%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$182,629

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

93rd percentile

91%

Faster asset growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

51%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$4,147,456

Up $1,970,874 (+91%) from 2020

Net Assets

Up

$2,435,305

Up $1,579,373 (+185%) from 2020

Liabilities

Up

$1,712,151

Up $391,501 (+30%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin78th percentile

Revenue

Up

$4,441,881

Up $1,507,184 (+51%) from 2020

Expenses

Up

$2,862,508

Up $243,972 (+9.3%) from 2020

Net Income

Up

$1,579,373

Up $1,263,212 (+400%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $763,667Liabilities 2010: $417,158Net Assets 2010: $346,5092010Assets 2011: $670,800Liabilities 2011: $432,583Net Assets 2011: $238,2172011Assets 2012: $443,438Liabilities 2012: $330,803Net Assets 2012: $112,6352012Assets 2013: $473,387Liabilities 2013: $323,283Net Assets 2013: $150,1042013Assets 2014: $608,411Liabilities 2014: $335,335Net Assets 2014: $273,0762014Assets 2015: $924,016Liabilities 2015: $660,545Net Assets 2015: $263,4712015Assets 2016: $1,084,943Liabilities 2016: $749,972Net Assets 2016: $334,9712016Assets 2017: $1,561,785Liabilities 2017: $1,164,738Net Assets 2017: $397,0472017Assets 2018: $1,710,920Liabilities 2018: $1,231,507Net Assets 2018: $479,4132018Assets 2019: $1,841,398Liabilities 2019: $1,294,075Net Assets 2019: $547,3232019Assets 2020: $2,176,582Liabilities 2020: $1,320,650Net Assets 2020: $855,9322020Assets 2021: $4,147,456Liabilities 2021: $1,712,151Net Assets 2021: $2,435,3052021Assets 2022: $5,009,600Liabilities 2022: $1,886,162Net Assets 2022: $3,123,4382022Assets 2023: $11,798,622Liabilities 2023: $6,406,670Net Assets 2023: $5,391,9522023Assets 2024: $17,618,899Liabilities 2024: $10,387,525Net Assets 2024: $7,231,3742024Assets 2025: $17,027,247Liabilities 2025: $10,277,441Net Assets 2025: $6,749,8062025

Highlighted filing

2021

Assets$4,147,456
Liabilities$1,712,151
Net Assets$2,435,305
Open 2021 Filing

Operations Trend

Revenue Growth77th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,439,1632010Expenses 2011: $1,449,9532011Expenses 2012: $1,642,2572012Expenses 2013: $1,682,4542013Revenue 2014: $1,596,795Expenses 2014: $1,472,827Net Income 2014: $123,9682014Revenue 2015: $1,746,496Expenses 2015: $1,754,411Net Income 2015: -$7,9152015Revenue 2016: $1,897,082Expenses 2016: $1,838,426Net Income 2016: $58,6562016Revenue 2017: $2,411,345Expenses 2017: $2,349,269Net Income 2017: $62,0762017Revenue 2018: $2,736,442Expenses 2018: $2,654,076Net Income 2018: $82,3662018Revenue 2019: $2,814,833Expenses 2019: $2,746,923Net Income 2019: $67,9102019Revenue 2020: $2,934,697Expenses 2020: $2,618,536Net Income 2020: $316,1612020Revenue 2021: $4,441,881Expenses 2021: $2,862,508Net Income 2021: $1,579,3732021Revenue 2022: $4,245,823Expenses 2022: $3,460,708Net Income 2022: $785,1152022Revenue 2023: $5,905,434Expenses 2023: $3,614,887Net Income 2023: $2,290,5472023Revenue 2024: $5,960,140Expenses 2024: $4,138,469Net Income 2024: $1,821,6712024Revenue 2025: $4,853,225Expenses 2025: $5,241,943Net Income 2025: -$388,7182025

Highlighted filing

2021

Revenue$4,441,881
Expenses$2,862,508
Net Income$1,579,373
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$4,441,881
Mission and Program Overview

Mission

To spark adventure and wonder, foster inquiry and community, and build the character and ability of students to take on the world's greatest challenges.

The mission of watershed school is to spark adventure and wonder, foster inquiry and community, and build the character and ability of students to take on the world's greatest challenges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$61,274$1,498,077▲ $1,436,803
Pledges and Grants Receivable-$1,000,000-
Savings and Temporary Cash Investments$1,710,106$812,867▼ $897,239
Cash and Non-Interest-Bearing Accounts$138,812$583,248▲ $444,436
Land, Buildings, and Equipment, Net$190,028$162,895▼ $27,133
Accounts Receivable$3,382$59,340▲ $55,958
Prepaid Expenses and Deferred Charges$62,873$20,922▼ $41,951
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,176,582$4,147,456▲ $1,970,874
Other Assets Total$10,107$10,107→ $0
Liabilities
Deferred Revenue$1,054,922$1,655,723▲ $600,801
Unsecured Notes Loans Payable$247,877--
Accounts Payable and Accrued Expenses$17,851$56,428▲ $38,577
Total Liabilities$1,320,650$1,712,151▲ $391,501
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$769,366$1,301,805▲ $532,439
Net Assets With Donor Restrictions$86,566$1,133,500▲ $1,046,934
Total Net Assets Fund Balance$855,932$2,435,305▲ $1,579,373
Total Liabilities and Net Assets / Fund Balance$2,176,582$4,147,456▲ $1,970,874

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,165$234,846$247,011
Leasehold Improvements$66,977$95,445$162,422
Other Land Buildings$83,753$66,333$150,086
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Timothy BreenHead of SchoolFT$182,629$182,629

Board Members and Trustees

NameTitle
Tracy HalgrenChairman
Rachel TaeklaVice Chair
Alison MaherTrustee
Carol HoefflerTrustee
JASON BERV emeritusTrustee
Lindon LewisTrustee
Paul ForwardTrustee
Payton HoopsTrustee
Ryan BassTrustee
Steve NelsonTrustee
Tricia ChambersTrustee
Wynn MartenTrustee
Fran MeneleySecretary
Chris BallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,423,629
Program Service Revenue
$2,732,061
Investment Income
$2,437
Other Revenue
$283,754
All Other Contributions
$1,423,629
Change in Net Assets
$1,579,373

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,126,640
Revenue Not Reported on Financial Statements
$315,241
Other Revenue Adjustments
$315,241
Total Revenue per Audited Statements
$4,126,640
Total Revenue per Form 990
$4,441,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,783,679
Other Expenses$763,588
Grants and Similar Amounts Paid$315,241
Total Fundraising Expense$134,892
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,038,392$224,430$63,283$1,326,105
Grants to Domestic Individuals$315,241--$315,241
Occupancy$238,791--$238,791
Current Officers, Directors, Trustees, and Key Employees$45,657$91,315$45,657$182,629
Payroll Taxes$85,335$24,755$4,799$114,889
Other Employee Benefits$97,955$4,303-$102,258
Depreciation Depletion$61,182--$61,182
Insurance$13,088$47,819-$60,907
Pension Plan Contributions$40,721$12,278$4,799$57,798
Fees for Services Other-$33,662-$33,662
Advertising-$29,782-$29,782
Fees for Services Legal-$29,147-$29,147
Other Expenses$22,772$10,996$16,354$22,772
Information Technology-$21,384-$21,384
Office Expenses$3,322$17,150-$20,472
All Other Expenses-$11,929-$11,929
Fees for Services Accounting-$9,300-$9,300
Interest-$309-$309
Total Functional Expenses$2,159,057$568,559$134,892$2,862,508

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,862,508
Expenses per Audited Statements$2,547,267
Total Expenses per Audited Statements$2,547,267
Expenses Not Reported on Financial Statements$315,241
Other Expense Adjustments$315,241
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“The board chair works with another board member in a consulting practice.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 is reviewed by the Finance Committee then circulated to the entire board for their review and approval before the tax return is filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are required to disclose any potential conflicts of interest. Board members review the conflict of interest policy annually at a board meeting and when a new member joins the board.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Salary for the Head of School is determined by the Board and was set after a review of compensation trends for similarly sized independent schools nationally, using data collected from National Association of Independent Schools (NAIS) and Association of Colorado Independent Schools (ACIS). Salary for administration is set based on an examination of administrative salaries at similarly sized independent schools in Colorado, using data provided by the National Association of Independent Schools. In all cases this data is adjusted based on the individual's performance relative to goals.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Salary for the Head of School is determined by the Board and was set after a review of compensation trends for similarly sized independent schools nationally, using data collected from National Association of Independent Schools (NAIS) and Association of Colorado Independent Schools (ACIS). Salary for administration is set based on an examination of administrative salaries at similarly sized independent schools in Colorado, using data provided by the National Association of Independent Schools. In all cases this data is adjusted based on the individual's performance relative to goals.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Upon request.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
The Watershed School Inc
EIN
84-1600705
Phone
3034407520
Address
1661 ALPINE AVE, BOULDER, CO 80304

Signing Officer

Name
Timothy Breen
Title
Head of School
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Breen
Formed
2001
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
46
Volunteers
30

Preparer

Firm
Hamblin and Associates LLC
Address
23720 PONDVIEW PL, GOLDEN, CO 80401
Preparer
Lyman Hamblin
Phone
3036942727
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Tuition assistance $315241”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Tuition assistance $315241”

Raw XML AppendixShowing 400 of 559 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017851
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056428
IRS990/AccountsReceivableGrp/BOYAmt03382
IRS990/AccountsReceivableGrp/EOYAmt059340
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF WATERSHED SCHOOL IS TO SPARK ADVENTURE AND WONDER, FOSTER INQUIRY AND COMMUNITY, AND BUILD THE CHARACTER AND ABILITY OF STUDENTS TO TAKE ON THE WORLD'S GREATEST CHALLENGES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt029782
IRS990/AdvertisingGrp/TotalAmt029782
IRS990/AllOtherContributionsAmt01423629
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt011929
IRS990/AllOtherExpensesGrp/TotalAmt011929
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JILL GIORDANO
IRS990/BooksInCareOfDetail/PhoneNum03034407520
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01661 Alpine Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Boulder
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080304
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0138812
IRS990/CashNonInterestBearingGrp/EOYAmt0583248
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt045657
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt091315
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt045657
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0182629
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01423629
IRS990/CYGrantsAndSimilarPaidAmt0315241
IRS990/CYInvestmentIncomeAmt02437
IRS990/CYOtherExpensesAmt0763588
IRS990/CYOtherRevenueAmt0283754
IRS990/CYProgramServiceRevenueAmt02732061
IRS990/CYRevenuesLessExpensesAmt01579373
IRS990/CYSalariesCompEmpBnftPaidAmt01783679
IRS990/CYTotalExpensesAmt02862508
IRS990/CYTotalFundraisingExpenseAmt0134892
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04441881
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01054922
IRS990/DeferredRevenueGrp/EOYAmt01655723
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt061182
IRS990/DepreciationDepletionGrp/TotalAmt061182
IRS990/Desc0In the 2020-2021 school year, Watershed School provided an innovative, challenging, college preparatory education to 100 students in grades 6-12. Our students develop as curious learners, adventurous spirits, and caring, committed global citizens as they engage in work that matters -- work that has a positive impact beyond the walls of the school. We believe schools should not just help students develop the skills and habits for future success, but should awaken their curiosity, expand their view of the world, and empower them to make a difference in their local, regional, and global communities. Our program includes skills courses and expedition courses. Skills courses take a project-based approach to developing student competencies in mathematics, languages, and the arts. Our expedition courses are multidisciplinary explorations of big topics related to the worlds great challenges. Through these courses students develop deep, interconnected understandings of literature, social science, and lab science.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt086566
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01133500
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt046
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02159057
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09300
IRS990/FeesForServicesAccountingGrp/TotalAmt09300
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029147
IRS990/FeesForServicesLegalGrp/TotalAmt029147
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt033662
IRS990/FeesForServicesOtherGrp/TotalAmt033662
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY BREEN
IRS990/Form990PartVIISectionAGrp/PersonNm1Chris Ball
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN BASS
IRS990/Form990PartVIISectionAGrp/PersonNm3JASON BERV emeritus
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACY HALGREN
IRS990/Form990PartVIISectionAGrp/PersonNm5PAUL FORWARD
IRS990/Form990PartVIISectionAGrp/PersonNm6TRICIA CHAMBERS
IRS990/Form990PartVIISectionAGrp/PersonNm7LINDON LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm8ALISON MAHER
IRS990/Form990PartVIISectionAGrp/PersonNm9FRAN MENELEY
IRS990/Form990PartVIISectionAGrp/PersonNm10WYNN MARTEN
IRS990/Form990PartVIISectionAGrp/PersonNm11CAROL HOEFFLER
IRS990/Form990PartVIISectionAGrp/PersonNm12RACHEL TAEKLA
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm14PAYTON HOOPS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0182629
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0315241
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0315241
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0315241
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04441881
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt021384
IRS990/InformationTechnologyGrp/TotalAmt021384
IRS990/InsuranceGrp/ManagementAndGeneralAmt047819
IRS990/InsuranceGrp/ProgramServicesAmt013088
IRS990/InsuranceGrp/TotalAmt060907
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0309
IRS990/InterestGrp/TotalAmt0309
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02437
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02437
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt061274
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01498077
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0396624
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0190028
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0162895
IRS990/LandBldgEquipCostOrOtherBssAmt0559519
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF WATERSHED SCHOOL IS TO SPARK ADVENTURE AND WONDER, FOSTER INQUIRY AND COMMUNITY, AND BUILD THE CHARACTER AND ABILITY OF STUDENTS TO TAKE ON THE WORLD'S GREATEST CHALLENGES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0855932
IRS990/NetAssetsOrFundBalancesEOYAmt02435305
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0769366
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01301805
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0238791
IRS990/OccupancyGrp/TotalAmt0238791
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017150
IRS990/OfficeExpensesGrp/ProgramServicesAmt03322
IRS990/OfficeExpensesGrp/TotalAmt020472
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010107
IRS990/OtherAssetsTotalGrp/EOYAmt010107
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04303
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt097955
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0102258
IRS990/OtherExpensesGrp/Desc0cOMMUNITY TRIP PROGRAMS
IRS990/OtherExpensesGrp/Desc1EDUCATION PROGRAMS
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt016354
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010996
IRS990/OtherExpensesGrp/ProgramServicesAmt0144303
IRS990/OtherExpensesGrp/ProgramServicesAmt152298
IRS990/OtherExpensesGrp/ProgramServicesAmt222772
IRS990/OtherExpensesGrp/TotalAmt0144303
IRS990/OtherExpensesGrp/TotalAmt152298
IRS990/OtherExpensesGrp/TotalAmt227350
IRS990/OtherExpensesGrp/TotalAmt322772
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/Desc1PPP LOAN FORGIVENESS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0247877
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt035877
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035877
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1247877
IRS990/OtherRevenueTotalAmt0283754
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt063283
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0224430
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01038392
IRS990/OtherSalariesAndWagesGrp/TotalAmt01326105
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04799
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024755
IRS990/PayrollTaxesGrp/ProgramServicesAmt085335
IRS990/PayrollTaxesGrp/TotalAmt0114889
IRS990/PensionPlanContributionsGrp/FundraisingAmt04799
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012278
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt040721
IRS990/PensionPlanContributionsGrp/TotalAmt057798
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01000000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062873
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020922
IRS990/PrincipalOfficerNm0TIMOTHY BREEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0305501
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12426560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0305501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12426560
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0269679
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0343665
IRS990/PYInvestmentIncomeAmt011672
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0638557
IRS990/PYOtherRevenueAmt044385
IRS990/PYProgramServiceRevenueAmt02608961
IRS990/PYRevenuesLessExpensesAmt0316161
IRS990/PYSalariesCompEmpBnftPaidAmt01636314
IRS990/PYTotalExpensesAmt02618536
IRS990/PYTotalRevenueAmt02934697
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01579373
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02732061
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01710106
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0812867
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt012165
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0234846
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0247011
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0315241
IRS990ScheduleD/ExpensesSubtotalAmt02547267
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt066977
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt095445

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,147,456
Liabilities
$1,712,151
Net assets
$2,435,305
Revenue
$4,441,881
Expenses
$2,862,508
Net income
$1,579,373
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.0$10.3$6.75$4.85$5.24$0.39
2024Detailed filing. Detailed filing data is available for this year.$17.6$10.4$7.23$5.96$4.14$1.82
2023Detailed filing. Detailed filing data is available for this year.$11.8$6.41$5.39$5.91$3.61$2.29
2022Detailed filing. Detailed filing data is available for this year.$5.01$1.89$3.12$4.25$3.46$0.79
2021Detailed filing. Detailed filing data is available for this year.$4.15$1.71$2.44$4.44$2.86$1.58
2020Summary only. Only limited summary data is available for this year.$2.18$1.32$0.86$2.93$2.62$0.32
2019Summary only. Only limited summary data is available for this year.$1.84$1.29$0.55$2.81$2.75$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.71$1.23$0.48$2.74$2.65$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.56$1.16$0.40$2.41$2.35$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.75$0.33$1.90$1.84$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.66$0.26$1.75$1.75$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.34$0.27$1.60$1.47$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.32$0.15$1.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.33$0.11$1.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.43$0.24$1.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.42$0.35$1.44