Watershed High School

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Patrick McLaughlin

Phone

6128714363

Tax Period

2024-07-01 to 2025-06-30

Watershed High School, founded in 2002, is a small nonprofit in the Education sector that reported $944K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

The mission of Watershed High School is to empower students to grow socially and academically in a safe, flexible, supportive arts-infused environment.

Program Service Accomplishments

Program 1

Expenses: $730,333 Revenue: $6,016

Watershed High School's vision is to help each student believe they can succeed in whatever they dream for themselves, starting with graduating from high school. Students will develop...

Watershed High School's vision is to help each student believe they can succeed in whatever they dream for themselves, starting with graduating from high school. Students will develop self-confidence, respect for themselves and others, the ability to advocate for themselves, and the ability to stick it out when the going gets tough. At Watershed, a community of allies recognizes and encourages each individual student's strengths.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $930,589

Program Service Revenue $109

Investment Income $7,890

Other Revenue $5,907

TOTAL REVENUE $944,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $555,833

Fundraising Expenses $0

Program Expenses $730,333

Other Expenses $471,670

TOTAL EXPENSES $1,027,503

Year-over-Year Comparison

	2024	2023	Change
Revenue	$944,495	$1,260,022	-0.3%
Expenses	$1,027,503	$969,670	+0.1%
Net Income	$-83,008	$290,352	-1.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$76,620

Total Directors

$113,373

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carissa Anderson	Board Chair	2.00	Officer Director	$0	$0	$0
Tim Nelson	Secretary	2.00	Officer Director	$0	$0	$0
Hayley Grey	Member/Teacher (end 3.9.25)	42.00	Director	$47,164	$4,392	$51,556
Ryan Cooper	Member and Teacher	42.00	Director	$39,241	$8,303	$47,544
Patrick McLaughlin	Member	2.00	Director	$0	$0	$0
Andrew Schmidt	Member/Teacher (beg 3.21.25)	2.00	Director	$14,273	$0	$14,273
Melissa Scott	Member (beg 3.8.25)	2.00	Director	$0	$0	$0
Elizabeth Kneip	Executive Director	45.00	Officer	$62,943	$13,677	$76,620

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	$944,495	$1,027,503	$825,454	$-83,008
2024	$1,260,022	$969,670	$990,373	$290,352
2023	$1,009,896	$978,378	$479,524	$31,518
2022	$966,707	$812,056	$720,999	$154,651
2021	$858,496	$832,495	$655,758	$26,001
2020	$835,610	$906,031	$835,241	$-70,421
2019	$1,031,230	$843,569	$957,429	$187,661