WATERSHED MINISTRIES INC (EIN 465284882) - 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

Principal Officer

ERIC TELLEFSEN

Phone

9842858825

Tax Period

2025-01-01 to 2025-12-31

WATERSHED MINISTRIES INC is a small nonprofit in the Mental Health sector that reported $170K in total revenue in fiscal year 2025. The organization ran a surplus of $40K, a strong 23% operating margin.

Mission

SERVING THE PEOPLE OF EASTERN NORTH CAROLINA THROUGH BIBLICAL COUNSELING AND TEACHING IN ORDER TO BRING THE LIGHT OF THE GOSPEL INTO THE DARKEST PLACES OF PEOPLES LIVES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $143,548

Program Service Revenue $25,625

Investment Income $0

Other Revenue $501

TOTAL REVENUE $169,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,950

Fundraising Expenses $0

Program Expenses $129,928

Other Expenses $74,978

TOTAL EXPENSES $129,928

Year-over-Year Comparison

	2025	2024	Change
Revenue	$169,674	$164,101	+0.0%
Expenses	$129,928	$95,085	+0.4%
Net Income	$39,746	$69,016	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT DYMMEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
FRIKKIE GROBBBELAAR	BOARD MEMBER	N/A	Director	$0	$0	$0
CARLIE LOCKEY	SECRETARY	N/A	Officer Director	$0	$0	$0
SALLIE NIFONG	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC TELLEFSEN	TREASURER	N/A	Officer Director	$0	$0	$0
CATHY TELLEFSEN	EXECUTIVE DI	N/A	Officer	$0	$0	$0

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	$169,674	$129,928	$299,821	$39,746
2024	$164,101	$95,085	$260,948	$69,016
2023	$226,790	$75,409	$193,835	$151,381

WATERSHED MINISTRIES INC