Civic Intelligence

Watermark for Kids Inc

EIN 86-0749388 • 501(c)3 • Tucson, AZ

Profile

At watermark for kids, we have a fundamental belief that all children have an innate greatness and deserve to have equitable opportunities regardless of their race, ethnicity, gender, socioeconomic status, disability, sexual orientation or religious affiliations. We help kids access life-changing opportunities to be their true self.

2020 W Rudasill RdTucson, AZ 85704

www.watermarkforkids.org

Siviq Scores

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

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

63rd percentile

0.06x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

55th percentile

6.6%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

64th percentile

10%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

29th percentile

-5.3%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Down

$820,764

Down $14,412 (-1.7%) from 2024

Liabilities

Down

$13,530

Down $29,426 (-69%) from 2024

Net Assets

Up

$807,234

Up $15,014 (+1.9%) from 2024

Revenue

Down

$227,418

Down $30,522 (-12%) from 2024

Expenses

Up

$212,404

Up $76,334 (+56%) from 2024

Net Income

Down

$15,014

Down $106,856 (-88%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $101,860Liabilities 2011: $0Net Assets 2011: $101,8602011Assets 2012: $147,592Liabilities 2012: $0Net Assets 2012: $147,5922012Assets 2013: $176,646Liabilities 2013: $0Net Assets 2013: $176,6462013Assets 2014: $188,560Liabilities 2014: $0Net Assets 2014: $188,5602014Assets 2015: $159,260Liabilities 2015: $0Net Assets 2015: $159,2602015Assets 2016: $108,829Liabilities 2016: $0Net Assets 2016: $108,8292016Assets 2017: $47,982Liabilities 2017: $0Net Assets 2017: $47,9822017Assets 2018: $44,111Liabilities 2018: $0Net Assets 2018: $44,1112018Assets 2019: $67,432Liabilities 2019: $0Net Assets 2019: $67,4322019Assets 2020: $147,571Liabilities 2020: $0Net Assets 2020: $147,5712020Assets 2021: $237,112Liabilities 2021: $0Net Assets 2021: $237,1122021Assets 2022: $556,962Liabilities 2022: $471Net Assets 2022: $556,4912022Assets 2023: $677,590Liabilities 2023: $7,240Net Assets 2023: $670,3502023Assets 2024: $835,176Liabilities 2024: $42,956Net Assets 2024: $792,2202024Assets 2025: $820,764Liabilities 2025: $13,530Net Assets 2025: $807,2342025

Highlighted filing

2025

Assets$820,764
Liabilities$13,530
Net Assets$807,234

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $60,874Expenses 2011: $16,332Net Income 2011: $44,5422011Revenue 2012: $87,872Expenses 2012: $42,140Net Income 2012: $45,7322012Revenue 2013: $90,006Expenses 2013: $60,952Net Income 2013: $29,0542013Revenue 2014: $96,046Expenses 2014: $84,132Net Income 2014: $11,9142014Revenue 2015: $105,358Expenses 2015: $134,658Net Income 2015: -$29,3002015Revenue 2016: $100,813Expenses 2016: $151,244Net Income 2016: -$50,4312016Revenue 2017: $106,894Expenses 2017: $167,741Net Income 2017: -$60,8472017Revenue 2018: $113,583Expenses 2018: $118,359Net Income 2018: -$4,7762018Revenue 2019: $132,817Expenses 2019: $109,496Net Income 2019: $23,3212019Revenue 2020: $152,181Expenses 2020: $72,042Net Income 2020: $80,1392020Revenue 2021: $146,981Expenses 2021: $57,440Net Income 2021: $89,5412021Revenue 2022: $386,895Expenses 2022: $65,897Net Income 2022: $320,9982022Revenue 2023: $253,796Expenses 2023: $139,937Net Income 2023: $113,8592023Revenue 2024: $257,940Expenses 2024: $136,070Net Income 2024: $121,8702024Revenue 2025: $227,418Expenses 2025: $212,404Net Income 2025: $15,0142025

Highlighted filing

2025

Revenue$227,418
Expenses$212,404
Net Income$15,014

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.21$0.14$8.07$2.27$2.12$0.15
2024Detailed filing. Detailed filing data is available for this year.$8.35$0.43$7.92$2.58$1.36$1.22
2023Detailed filing. Detailed filing data is available for this year.$6.78$0.07$6.70$2.54$1.40$1.14
2022Detailed filing. Detailed filing data is available for this year.$5.57$0.00$5.56$3.87$0.66$3.21
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$1.47$0.57$0.90
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$1.52$0.72$0.80
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.33$1.09$0.23
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$1.14$1.18$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.07$1.68$0.61
2016Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$1.01$1.51$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$1.05$1.35$0.29
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.96$0.84$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.00$1.77$0.90$0.61$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.00$1.48$0.88$0.42$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.02$0.61$0.16$0.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 12, 2025
Return Version
2024v5.0
Gross Receipts
$268,054
Mission and Program Overview

Mission

Watermark for kids is a non-profit organization committed to empowering underserved kids to express their character, leadership, creativity, compassion and spirit to express their true selves and thrive.

Watermark for kids is a national non-profit organization committed to empowering underserved kids and reducing barriers so that all kids can thrive. We're driven by the fundamental belief that all children have an innate greatness and deserve to have equitable opportunities regardless of their race, ethnicity, gender, socioeconomic status, disability, sexual orientation or religious affiliations. We help kids ages 6-22 access life- changing opportunities so they can explore their passions and make a positive difference in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$792,220$807,234▲ $15,014
Savings and Temporary Cash Investments$660,966$688,533▲ $27,567
Cash and Non-Interest-Bearing Accounts$163,864$118,105▼ $45,759
Accounts Receivable$6,818$13,009▲ $6,191
Prepaid Expenses and Deferred Charges$3,528$1,117▼ $2,411
Total Assets$835,176$820,764▼ $14,412
Liabilities
Accounts Payable and Accrued Expenses$42,956$13,530▼ $29,426
Total Liabilities$42,956$13,530▼ $29,426
Net Assets / Fund Balance
Total Net Assets Fund Balance$792,220$807,234▲ $15,014
Total Liabilities and Net Assets / Fund Balance$835,176$820,764▼ $14,412
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rachel MccoyExecutive DiFT$84,725$84,725

Board Members and Trustees

NameTitle
Deb PennPresident
David BarnesDirector
Elizabeth PitcherDirector
Greta FrazierDirector
Kelly GerstDirector
Mike BurkhartDirector
Rich HowellDirector
Vicki DoyleDirector
Stacey MeyerLegal Counse
Dawn TrombettaSecretary
Jeff JarniganTreasurer
Renee KimberlyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$216,862
Program Service Revenue
$0
Investment Income
$27,567
Other Revenue
$-17,011
All Other Contributions
$216,862
Change in Net Assets
$15,014
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,290
Grants and Similar Amounts Paid$100,114
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$104,911--$104,911
Grants to Domestic Orgs$100,114--$100,114
Fees for Services Accounting-$2,480-$2,480
Insurance$1,051--$1,051
Office Expenses$327--$327
Other Expenses$64--$64
Total Functional Expenses$209,924$2,480$0$212,404
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Food BankTucson, AZ-General Assistance$15,000
Camp KesemCovina, CA-General Assistance$10,000
Interfaith Community ServicesTucson, AZ-General Assistance$9,888
National Seating & Mobility IncPhoenix, AZ-General Assistance$7,391
Blessings in a BackpackLouisville, KY-General Assistance$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,636
Fundraising Gross Income$23,625
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$23,625$23,625$40,636$-17,011
Total Events$23,625$23,625$40,636$-17,011
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 11B

The return is prepared by a certified public accounting firm and a copy is sent to a partner for review. A copy of the return is provided to the organization's board of directors after the return has been filed.

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

All board members are required to sign a conflict of interest statement to disclose an event or potential conflict of interest. In the event of a potential or actual conflict of interest, a member must withdraw from participation in discussions and decisions that present a potential conflict when doing business on behalf of the organization, a member will make sound business decisions such as obtaining competetive bids, in order to ensure the organization is receiving fair value in every transaction. No member will derive and personal profit or gain, directly or indirectly by reason of participation with the organization. In addition, a member shall refrain from obtaining any list of the organization's agencies, vendors, or donors for personal or private solicitation purposes at any time during the term of affiliation.

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

Compensation process for organization's officer salary is determined during during a board meeting and approved by the board.

Form 990, Page 6, Part VI, Line 19

The govering documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Watermark for Kids Inc
EIN
86-0749388
Phone
5207974000
Address
2020 W RUDASILL RD, TUCSON, AZ 85704

Signing Officer

Name
Jeff Jarnigan
Title
Treasurer
Phone
5207974000
Signed
2025-09-12

Organization Details

Principal Officer
Jeff Jarnigan
Formed
1994
Legal Domicile
Az
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
23

Preparer

Firm
Ludwig Klewer & Rudner Pllc
Address
4783 E CAMP LOWELL DR, TUCSON, AZ 85712
Preparer
Julie S Klewer CPA
Phone
5205450500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Watermark for kids is a national non-profit organization committed to empowering underserved kids and reducing barriers so that all kids can thrive. We're driven by the fundamental belief that all children have an innate greatness and deserve to have equitable opportunities regardless of their race, ethnicity, gender, socioeconomic status, disability, sexual orientation or religious affiliations. We help kids ages 6-22 access life- changing opportunities so they can explore their passions and make a positive difference in the world.

Form 990, Part IX, Line 11G

Shared services 104,682 0 0 contracted services 229 0 0 total 104,911 0 0

Raw XML AppendixShowing 400 of 446 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0WATERMARK FOR KIDS IS A NATIONAL NON-PROFIT ORGANIZATION COMMITTED TO EMPOWERING UNDERSERVED KIDS AND REDUCING BARRIERS SO THAT ALL KIDS CAN THRIVE. WE'RE DRIVEN BY THE FUNDAMENTAL BELIEF THAT ALL CHILDREN HAVE AN INNATE GREATNESS AND DESERVE TO HAVE EQUITABLE OPPORTUNITIES REGARDLESS OF THEIR RACE, ETHNICITY, GENDER, SOCIOECONOMIC STATUS, DISABILITY, SEXUAL ORIENTATION OR RELIGIOUS AFFILIATIONS. WE HELP KIDS AGES 6-22 ACCESS LIFE- CHANGING OPPORTUNITIES SO THEY CAN EXPLORE THEIR PASSIONS AND MAKE A POSITIVE DIFFERENCE IN THE WORLD.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023625
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IRS990ScheduleI/GrantRecordsMaintainedInd0false
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IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
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IRS990ScheduleI/RecipientTable/CashGrantAmt47391
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BLESSINGS IN A BACKPACK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CAMP KESEM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COMMUNITY FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3INTERFAITH COMMUNITY SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4NATIONAL SEATING & MOBILITY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0261964620
IRS990ScheduleI/RecipientTable/RecipientEIN1510454157
IRS990ScheduleI/RecipientTable/RecipientEIN2510192519
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04121 SHELBYVILLE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1440 N BARRANCA DR 2273
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23003 S COUNTRY CLUB RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32820 W INA ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt44202 E ELWOOD ST SUITE 5
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOUISVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COVINA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2TUCSON
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AFTER A NON-PROFIT ORGANIZATION APPLY FOR FUNDING MEETING THE ORGANIZATION'S ELIGIBILITY REQUIREMENTS AND IS APPROVED FOR A GRANT - THERE IS NO SUBSEQUENT MONITORING.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1THROUGH PARTNER WITH ICS WATERMARK OF KIDS HAS PROVIDED FINANCIAL ASSISTANCE TO 34 CHILDREN IN AREAS SUCH AS HEALTH AND WELL-BEING, SPORTS AND FINE ARTS AND EDUCATION AND EXPLORATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WATERMARK FOR KIDS IS A NATIONAL NON-PROFIT ORGANIZATION COMMITTED TO EMPOWERING UNDERSERVED KIDS AND REDUCING BARRIERS SO THAT ALL KIDS CAN THRIVE. WE'RE DRIVEN BY THE FUNDAMENTAL BELIEF THAT ALL CHILDREN HAVE AN INNATE GREATNESS AND DESERVE TO HAVE EQUITABLE OPPORTUNITIES REGARDLESS OF THEIR RACE, ETHNICITY, GENDER, SOCIOECONOMIC STATUS, DISABILITY, SEXUAL ORIENTATION OR RELIGIOUS AFFILIATIONS. WE HELP KIDS AGES 6-22 ACCESS LIFE- CHANGING OPPORTUNITIES SO THEY CAN EXPLORE THEIR PASSIONS AND MAKE A POSITIVE DIFFERENCE IN THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND A COPY IS SENT TO A PARTNER FOR REVIEW. A COPY OF THE RETURN IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS AFTER THE RETURN HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT TO DISCLOSE AN EVENT OR POTENTIAL CONFLICT OF INTEREST. IN THE EVENT OF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, A MEMBER MUST WITHDRAW FROM PARTICIPATION IN DISCUSSIONS AND DECISIONS THAT PRESENT A POTENTIAL CONFLICT WHEN DOING BUSINESS ON BEHALF OF THE ORGANIZATION, A MEMBER WILL MAKE SOUND BUSINESS DECISIONS SUCH AS OBTAINING COMPETETIVE BIDS, IN ORDER TO ENSURE THE ORGANIZATION IS RECEIVING FAIR VALUE IN EVERY TRANSACTION. NO MEMBER WILL DERIVE AND PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY BY REASON OF PARTICIPATION WITH THE ORGANIZATION. IN ADDITION, A MEMBER SHALL REFRAIN FROM OBTAINING ANY LIST OF THE ORGANIZATION'S AGENCIES, VENDORS, OR DONORS FOR PERSONAL OR PRIVATE SOLICITATION PURPOSES AT ANY TIME DURING THE TERM OF AFFILIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR ORGANIZATION'S OFFICER SALARY IS DETERMINED DURING DURING A BOARD MEETING AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SHARED SERVICES 104,682 0 0 CONTRACTED SERVICES 229 0 0 TOTAL 104,911 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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