Watershed Associates Inc (EIN 331070623) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Phone

7184481544

Tax Period

2024-07-01 to 2025-06-30

Watershed Associates Inc, founded in 2003, is a micro nonprofit in the Human Services sector that reported $59K in total revenue in fiscal year 2024. Net assets of $1.2M represent 237 months of operating reserves.

Mission

TO PROVIDE COUNSELING, FOOD, AND SHELTER TO HOMELESS INDIVIDUALS LIVING ON STATEN ISLAND, NEW YORK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,000

Investment Income $46,719

Other Revenue $0

TOTAL REVENUE $58,719

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,066

Other Expenses $60,599

TOTAL EXPENSES $60,599

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,719	$58,715	+0.0%
Expenses	$60,599	$71,720	-0.2%
Net Income	$-1,880	$-13,005	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$446,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AURELIA CURTIS	SECRETARY	1.0	Officer Director	$0	$0	$0
JANET H JONES	CHAIR	1.0	Officer Director	$0	$0	$0
PETER TESORIERO	TREASURER	1.0	Officer Director	$0	$0	$0
TIMOTHY C HARRISON ESQ	FIRST VICE CHAIR	1.0	Officer Director	$0	$0	$0
LUIS PICO	CFO	1.0	Officer	$0	$8,253	$197,110
TERRY TROIA	CEO	1.0	Officer	$0	$74,818	$249,550

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$58,719	$60,599	$2,351,545	$-1,880
2024	No data	No data	No data	No data
2023	$58,717	$81,285	$2,360,980	$-22,568
2022	$58,713	$77,008	$2,348,955	$-18,295
2021	$62,329	$47,787	$2,317,695	$14,542
2020	$139,416	$54,056	$2,304,166	$85,360
2019	$82,064	$72,599	$2,219,513	$9,465
2018	$60,514	$85,121	$1,340,042	$-24,607

Watershed Associates Inc