Civic Intelligence

Watershed Np Inc.

990EZ • Fiscal year 2022 • EIN 88-3537484

May 29, 2022 to Dec 31, 2022 • Filed on Jun 15, 2023

Organization ProfileN/A
18840 Mountain View DriveBuena Vista, CO 81211

(719) 398-3317

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

84%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$88,536

No earlier filing loaded for comparison.

Net Assets

$88,536

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin96th percentile

Revenue

$105,928

No earlier filing loaded for comparison.

Expenses

$17,392

No earlier filing loaded for comparison.

Net Income

$88,536

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2022: $88,536Liabilities 2022: $0Net Assets 2022: $88,5362022Assets 2023: $1,252,082Liabilities 2023: $66,672Net Assets 2023: $1,185,4102023Assets 2024: $3,923,688Liabilities 2024: $2,059,791Net Assets 2024: $1,863,8972024

Highlighted filing

2022

Assets$88,536
Liabilities$0
Net Assets$88,536
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0Revenue 2022: $105,928Expenses 2022: $17,392Net Income 2022: $88,5362022Revenue 2023: $1,130,904Expenses 2023: $34,030Net Income 2023: $1,096,8742023Revenue 2024: $793,143Expenses 2024: $114,656Net Income 2024: $678,4872024

Highlighted filing

2022

Revenue$105,928
Expenses$17,392
Net Income$88,536
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
May 29, 2022 to Dec 31, 2022
Signed
Jun 15, 2023
Return Version
2022v5.0
Gross Receipts
$105,928
Mission and Program Overview

Mission

To restore historic buildings for community benefit.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION ACQUIRED TWO HISTORIC BUILDINGS (MCGINNIS GYM AND HISTORIC CHAFFEE COUNTY JAIL) AND CONTRACTED TO RESTORE THEM FOR THE BENEFIT OF THE BUENA VISTA SCHOOL DISTRICT. IT DESIGNED ARCHITECTURAL AND ENGINEERING PLANS TO RESTORE THE MCGINNIS GYM. IT OBTAINED FUNDING FROM THE BUENA VISTA SCHOOL DISTRICT, COLORADO STATE HISTORICAL FUND, COLORADO OFFICE OF ECONOMIC DEVELOPMENT AND INTERNATIONAL TRADE, AND APPLIED FOR FUNDING FROM THE US ENVIRONMENTAL PROTECTION AGENCY FOR PURPOSES OF RESTORING THE MCGINNIS GYM.$0$17,392
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHRYN WELTERPresident & TreasurerPT$0--
RICHARD BIETERMANVice-President & Secretary-$0--
JOHN O'BRIENDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Watershed Np Inc
EIN
88-3537484
Phone
7193983317
Address
18840 MOUNTAIN VIEW DRIVE, BUENA VISTA, CO 81211

Signing Officer

Name
Kathryn Welter
Title
President & Treasurer
Phone
7193983317
Signed
2023-06-15
Discuss with paid preparer
Yes

Preparer

Firm
Plante & Moran Pllc
Address
8181 E TUFTS AVE SUITE 600, DENVER, CO 80237
Preparer
Ryan C Harris
Phone
3037409400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance. Amount: 9,603. Description: tax fees. Amount: 1,101. Description: communications expense. Amount: 26. Total to form 990-ez, line 16: 10,730.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 2,486. Description: construction in progress. Beg. Of year amount: 0. End of year amount: 76,158.”

Raw XML Appendix143 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHRYN WELTER
IRS990EZ/BooksInCareOfDetail/PhoneNum07193983317
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt018840 MOUNTAIN VIEW DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BUENA VISTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd081211
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08046
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt052894
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt088536
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06662
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt088536
IRS990EZ/GrossReceiptsAmt0105928
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt01846
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt088536
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt088536
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt27.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHRYN WELTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD BIETERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN O'BRIEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT & SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt078644
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt010730
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO RESTORE HISTORIC BUILDINGS FOR COMMUNITY BENEFIT.
IRS990EZ/ProgramServiceRevenueAmt053034
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION ACQUIRED TWO HISTORIC BUILDINGS (MCGINNIS GYM AND HISTORIC CHAFFEE COUNTY JAIL) AND CONTRACTED TO RESTORE THEM FOR THE BENEFIT OF THE BUENA VISTA SCHOOL DISTRICT. IT DESIGNED ARCHITECTURAL AND ENGINEERING PLANS TO RESTORE THE MCGINNIS GYM. IT OBTAINED FUNDING FROM THE BUENA VISTA SCHOOL DISTRICT, COLORADO STATE HISTORICAL FUND, COLORADO OFFICE OF ECONOMIC DEVELOPMENT AND INTERNATIONAL TRADE, AND APPLIED FOR FUNDING FROM THE US ENVIRONMENTAL PROTECTION AGENCY FOR PURPOSES OF RESTORING THE MCGINNIS GYM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017392
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt017392
IRS990EZ/TotalProgramServiceExpensesAmt017392
IRS990EZ/TotalRevenueAmt0105928
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt052894
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt053034
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01451
IRS990ScheduleA/SubstantialContributorsTotAmt051443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt052894
IRS990ScheduleA/TotalSupportAmt052894
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 9,603. DESCRIPTION: TAX FEES. AMOUNT: 1,101. DESCRIPTION: COMMUNICATIONS EXPENSE. AMOUNT: 26. TOTAL TO FORM 990-EZ, LINE 16: 10,730.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,486. DESCRIPTION: CONSTRUCTION IN PROGRESS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 76,158.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHRYN WELTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07193983317
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERSHED NP INC
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0883537484
ReturnHeader/Filer/PhoneNum07193983317
ReturnHeader/Filer/USAddress/AddressLine1Txt018840 MOUNTAIN VIEW DRIVE
ReturnHeader/Filer/USAddress/CityNm0BUENA VISTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081211
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08181 E TUFTS AVE SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080237
ReturnHeader/PreparerPersonGrp/PhoneNum03037409400
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN C HARRIS
ReturnHeader/ReturnTs02023-06-30T12:37:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHRYN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WELTER
ReturnHeader/TaxPeriodBeginDt02022-05-29
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,536
Liabilities
$0
Net assets
$88,536
Revenue
$105,928
Expenses
$17,392
Net income
$88,536
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.92$2.06$1.86$0.79$0.11$0.68
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.07$1.19$1.13$0.03$1.10
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.11$0.02$0.09