Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Waters of Rest
EIN 88-2634788 • 501(c)3 • Minneapolis, MN
Pub. 78 Eligible990-N Coverage
Profile
To serve and support individuals, groups and/or familes, by providing boundary water trips, including training, guiding & preparation for groups. To also provide opportunities for people to grow in relationship with the lord in the wilderness.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.02x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Down$23,668
Down $242 (-1.0%) from 2023
Liabilities
Down$430
Down $625 (-59%) from 2023
Net Assets
Up$23,238
Up $383 (+1.7%) from 2023
Revenue
Down$56,325
Down $7,108 (-11%) from 2023
Expenses
Up$55,946
Up $6,614 (+13%) from 2023
Net Income
Down$379
Down $13,722 (-97%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $23,668
- Liabilities
- $430
- Net assets
- $23,238
- Revenue
- $56,325
- Expenses
- $55,946
- Net income
- $379
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 1, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $61,232
Mission and Program Overview
Mission
To serve and support individuals, groups and/or familes, by providing boundary water trips, including training, guiding & preparation for groups. To also provide opportunities for people to grow in relationship with the lord in the wilderness.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SUPPORT FOLKS BY PROVIDING BOUNDARY WATER TRIPS. | $0 | $53,501 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CATHLEEN GOSSELIN | Co Chair | PT | $0 | - | - |
| SETH PRINCE | Co Chair | - | $0 | - | - |
| CARLY REMINGTON | Treasurer | - | $0 | - | - |
| MIKE BERGMAN | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Waters of Rest
- EIN
- 88-2634788
- Phone
- 6123619293
- Address
- PO BOX 23453, MINNEAPOLIS, MN 55423
Signing Officer
- Name
- Cathleen Gosselin
- Title
- Co Chair
- Phone
- 6123619293
- Signed
- 2025-10-01
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Carpenter Evert & Associates Ltd
- Address
- 7760 FRANCE AVE S SUITE 940, BLOOMINGTON, MN 55435
- Preparer
- Matt Pillsbury
- Phone
- 9528310085
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 8.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: payroll tax. Amount: 3,868. Description: supplies. Amount: 373. Description: planningcenter. Amount: 227. Description: tech expenses. Amount: 430. Description: insurance. Amount: 1,381. Description: processing fee. Amount: 784. Description: miscellaneous. Amount: 1,677. Total to form 990-ez, line 16: 8,740.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior year adjustment. Amount: 4.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: payroll tax liability. Beg. Of year amount: 1,055. End of year amount: 0. Description: credit card. Beg. Of year amount: 0. End of year amount: 430.”
Raw XML Appendix169 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CATHLEEN GOSSELIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6123619293 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 23453 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55423 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 23910 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 23668 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 49676 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 379 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2443 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 23910 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 23668 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 11548 |
| IRS990EZ/GrossReceiptsAmt | 0 | 61232 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 8 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 22855 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 23238 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 22855 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 23238 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CATHLEEN GOSSELIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SETH PRINCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CARLY REMINGTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MIKE BERGMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CO CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CO CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 4 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8740 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SERVE AND SUPPORT INDIVIDUALS, GROUPS AND/OR FAMILES, BY PROVIDING BOUNDARY WATER TRIPS, INCLUDING TRAINING, GUIDING & PREPARATION FOR GROUPS. TO ALSO PROVIDE OPPORTUNITIES FOR PEOPLE TO GROW IN RELATIONSHIP WITH THE LORD IN THE WILDERNESS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SUPPORT FOLKS BY PROVIDING BOUNDARY WATER TRIPS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 53501 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 44763 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 4907 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 6641 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1055 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 430 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 55946 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 53501 |
| IRS990EZ/TotalRevenueAmt | 0 | 56325 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WATERSOFREST.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 49676 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 58727 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22719 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 131122 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 14 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 6641 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 4700 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2650 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 13991 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 8 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 6 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 14 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00010 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 145113 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 56317 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 63427 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25369 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 145113 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 56325 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 63433 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 25369 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 145127 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 8. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PAYROLL TAX. AMOUNT: 3,868. DESCRIPTION: SUPPLIES. AMOUNT: 373. DESCRIPTION: PLANNINGCENTER. AMOUNT: 227. DESCRIPTION: TECH EXPENSES. AMOUNT: 430. DESCRIPTION: INSURANCE. AMOUNT: 1,381. DESCRIPTION: PROCESSING FEE. AMOUNT: 784. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,677. TOTAL TO FORM 990-EZ, LINE 16: 8,740. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PRIOR YEAR ADJUSTMENT. AMOUNT: 4. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PAYROLL TAX LIABILITY. BEG. OF YEAR AMOUNT: 1,055. END OF YEAR AMOUNT: 0. DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 430. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CATHLEEN GOSSELIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CO CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6123619293 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WATERS OF REST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WATE |
| ReturnHeader/Filer/EIN | 0 | 882634788 |
| ReturnHeader/Filer/PhoneNum | 0 | 6123619293 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 23453 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55423 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411534805 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CARPENTER EVERT & ASSOCIATES LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7760 FRANCE AVE S SUITE 940 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BLOOMINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55435 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9528310085 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATT PILLSBURY |
| ReturnHeader/ReturnTs | 0 | 2025-10-06T09:24:43-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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