Civic Intelligence

Watermark Institute

990 • Fiscal year 2014 • EIN 94-3373788

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

944 Manor WayLos Altos, CA 94024

(407) 717-4525

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

3.88x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

99th percentile

1114%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-38%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$772,629

Up $708,977 (+1114%) from 2013

Net Assets

Down

$4,160

Down $22,334 (-84%) from 2013

Liabilities

Up

$768,469

Up $731,311 (+1968%) from 2013

Revenue

Down

$198,082

Down $120,967 (-38%) from 2013

Expenses

Down

$220,416

Down $78,833 (-26%) from 2013

Net Income

Down

-$22,334

Down $42,134 (-213%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $136,398Liabilities 2010: $138,342Net Assets 2010: -$1,9442010Assets 2011: $188,249Liabilities 2011: $190,189Net Assets 2011: -$1,9402011Assets 2012: $240,478Liabilities 2012: $233,784Net Assets 2012: $6,6942012Assets 2013: $63,652Liabilities 2013: $37,158Net Assets 2013: $26,4942013Assets 2014: $772,629Liabilities 2014: $768,469Net Assets 2014: $4,1602014Assets 2015: $451,016Liabilities 2015: $342,082Net Assets 2015: $108,9342015Assets 2016: $1,601,736Liabilities 2016: $1,358,725Net Assets 2016: $243,0112016Assets 2017: $2,290,153Liabilities 2017: $1,957,054Net Assets 2017: $333,0992017Assets 2018: $2,728,241Liabilities 2018: $2,243,987Net Assets 2018: $484,2542018Assets 2019: $3,668,970Liabilities 2019: $3,318,397Net Assets 2019: $350,5732019Assets 2020: $1,302,118Liabilities 2020: $529,240Net Assets 2020: $772,8782020Assets 2021: $287,652Liabilities 2021: $252,679Net Assets 2021: $34,9732021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$772,629
Liabilities$768,469
Net Assets$4,160

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $80,956Expenses 2010: $73,728Net Income 2010: $7,2282010Expenses 2011: $62,0852011Expenses 2012: $174,9592012Revenue 2013: $319,049Expenses 2013: $299,249Net Income 2013: $19,8002013Revenue 2014: $198,082Expenses 2014: $220,416Net Income 2014: -$22,3342014Revenue 2015: $1,717,567Expenses 2015: $1,612,793Net Income 2015: $104,7742015Revenue 2016: $1,962,189Expenses 2016: $1,828,112Net Income 2016: $134,0772016Revenue 2017: $2,044,775Expenses 2017: $1,954,687Net Income 2017: $90,0882017Revenue 2018: $2,444,807Expenses 2018: $2,293,652Net Income 2018: $151,1552018Revenue 2019: $2,631,361Expenses 2019: $2,370,643Net Income 2019: $260,7182019Revenue 2020: $3,146,909Expenses 2020: $2,993,936Net Income 2020: $152,9732020Revenue 2021: $869,138Expenses 2021: $1,607,043Net Income 2021: -$737,9052021Revenue 2022: $173,876Expenses 2022: $48,882Net Income 2022: $124,9942022

Highlighted filing

2014

Revenue$198,082
Expenses$220,416
Net Income-$22,334
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$198,082
Mission and Program Overview

Mission

Our mission is to increase representation of women in leadership roles by empowering them to make their mark in and for their companies, their careers and their communities.

We make our mark by helping women already at the top, to transcend even further. Our programs connect, develop, and advocate for entrepreneurs and senior executive women.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges-$369,562-
Cash and Non-Interest-Bearing Accounts$27,516$319,823▲ $292,307
Savings and Temporary Cash Investments$34,556$34,502▼ $54
Pledges and Grants Receivable$1,580--
Total Assets$63,652$772,629▲ $708,977
Other Assets Total$0$48,742▲ $48,742
Liabilities
Deferred Revenue-$499,505-
Other Liabilities$34,458$142,734▲ $108,276
Accounts Payable and Accrued Expenses$2,700$126,230▲ $123,530
Total Liabilities$37,158$768,469▲ $731,311
Net Assets / Fund Balance
Unrestricted Net Assets$26,494$4,160▼ $22,334
Total Net Assets Fund Balance$26,494$4,160▼ $22,334
Total Liabilities and Net Assets / Fund Balance$63,652$772,629▲ $708,977

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$48,742--
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$39,545
Program Service Revenue
$151,385
Investment Income
$26
Other Revenue
$7,126
All Other Contributions
$25,613
Change in Net Assets
$-22,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,416
Total Fundraising Expense$19,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$19,219$38,439$19,219$76,877
Other Expenses$5,579--$5,579
Information Technology-$2,344-$2,344
Fees for Services Accounting-$900-$900
Office Expenses-$306-$306
Total Functional Expenses$159,208$41,989$19,219$220,416
International Activity

International Summary

Offices
0
Employees
0
Spending
$100,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesBoard Access Program00$100,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,126
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Celebration$21,058$7,126-$7,126
Total Events$21,058$7,126-$7,126
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Watermark$142,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 2011 returns were reviewed by the finance committee prior to filing. Copies of the filed returns will be made available to the governing board at the next scheduled meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Watermark Institute
EIN
94-3373788
Phone
4077174525
Address
944 MANOR WAY, LOS ALTOS, CA 94024

Signing Officer

Name
Marlene Williamson
Title
CEO
Phone
4077174525
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marlene Williamson
Formed
2000
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
20

Preparer

Firm
Boman Accounting Group Inc
Address
30 UNION AVENUE SUITE 210, CAMPBELL, CA 95008
Preparer
Lynda R Boman CPA
Phone
4088662004
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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt048742
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BOARD ACCESS PROGRAM
IRS990/OtherExpensesGrp/Desc1EVENT FEE
IRS990/OtherExpensesGrp/Desc2EVENT EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0110410
IRS990/OtherExpensesGrp/ProgramServicesAmt124000
IRS990/OtherExpensesGrp/ProgramServicesAmt25579
IRS990/OtherExpensesGrp/TotalAmt0110410
IRS990/OtherExpensesGrp/TotalAmt124000
IRS990/OtherExpensesGrp/TotalAmt25579
IRS990/OtherLiabilitiesGrp/BOYAmt034458
IRS990/OtherLiabilitiesGrp/EOYAmt0142734
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01580
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0369562
IRS990/PrincipalOfficerNm0MARLENE WILLIAMSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0BOARD ACCESS PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0151385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0151385
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt038157
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt062
IRS990/PYOtherExpensesAmt0299249
IRS990/PYOtherRevenueAmt017395
IRS990/PYProgramServiceRevenueAmt0263435
IRS990/PYRevenuesLessExpensesAmt019800
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0299249
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0319049
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22334
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0151385
IRS990/SavingsAndTempCashInvstGrp/BOYAmt034556
IRS990/SavingsAndTempCashInvstGrp/EOYAmt034502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt039545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt026702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt042000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0168954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0408
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0649839
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.50550
IRS990ScheduleA/PublicSupportPY170Pct00.47740
IRS990ScheduleA/PublicSupportTotal170Amt085615
IRS990ScheduleA/SubstantialContributorsTotAmt083339
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt039545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt026702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt042000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0168954
IRS990ScheduleA/TotalSupportAmt0169362
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt048742
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM WATERMARK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0142734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO WATERMARK
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt048742
IRS990ScheduleD/TotalLiabilityAmt0142734
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0100000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0BOARD ACCESS PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0100000
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0100000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt013932
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt013932
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL CELEBRATION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021058
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021058
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07126
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07126
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07126
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt060000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0232000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt01489
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARILYN NAGEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0303889

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