WATERSHED SCHOOL INC

EIN: 841600705 501(c)(3) Education

BOULDER, CO

Total Revenue
$4,853,225
Total Expenses
$5,241,943
Total Assets
$17,027,247
Net Assets
$6,749,806
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CO
Principal Officer
TIMOTHY BREEN
Phone
3034407520
Tax Period
2024-07-01 to 2025-06-30

WATERSHED SCHOOL INC, founded in 2001, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

TO SPARK ADVENTURE AND WONDER, FOSTER INQUIRY AND COMMUNITY, AND BUILD THE CHARACTER AND ABILITY OF STUDENTS TO TAKE ON THE WORLD'S GREATEST CHALLENGES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $793,246
Program Service Revenue $3,695,905
Investment Income $82,928
Other Revenue $281,146
TOTAL REVENUE $4,853,225

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,000,902
Fundraising Expenses $246,687
Program Expenses $3,794,780
Other Expenses $2,241,041
TOTAL EXPENSES $5,241,943

Year-over-Year Comparison

2024 2023 Change
Revenue $4,853,225 $5,960,140 -0.2%
Expenses $5,241,943 $4,138,469 +0.3%
Net Income $-388,718 $1,821,671 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
56
Volunteers
72

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
4
$249,500
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY BREEN HEAD OF SCHO 40.00
Officer
$218,644 $30,856 $249,500
GRAY BRIDGERS ASSISTANT HE 40.00
Highest
$120,629 $15,040 $135,669
JULIE GOLDSTEIN CHAIR 3.00
Officer Director
$0 $0 $0
PAUL FORWARD TREASURER 1.00
Officer Director
$0 $0 $0
SONIA SCHNITZER SECRETARY 1.00
Officer Director
$0 $0 $0
KIRSTIN HATZIS TRUSTEE 1.00
Director
$0 $0 $0
CAROL HOEFFLER TRUSTEE 1.00
Director
$0 $0 $0
PARKER MEER TRUSTEE 1.00
Director
$0 $0 $0
STEVE NELSON TRUSTEE 1.00
Director
$0 $0 $0
JADE POLIZZI TRUSTEE 1.00
Director
$0 $0 $0
CHRIS RICE TRUSTEE 1.00
Director
$0 $0 $0
EATON SCRIPPS TRUSTEE 1.00
Director
$0 $0 $0
JON SISENWEIN TRUSTEE 1.00
Director
$0 $0 $0
EMMA STAREK TRUSTEE 1.00
Director
$0 $0 $0
LISA SWIFT TRUSTEE 1.00
Director
$0 $0 $0
ERIC WEINER TRUSTEE 1.00
Director
$0 $0 $0
JASON BERV TRUSTEE EMER 1.00
Director
$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 $4,853,225 $5,241,943 $17,027,247 $-388,718
2024 $5,960,140 $4,138,469 $17,618,899 $1,821,671
2023 $5,905,434 $3,614,887 $11,798,622 $2,290,547
2022 $4,245,823 $3,460,708 $5,009,600 $785,115
2021 $4,441,881 $2,862,508 $4,147,456 $1,579,373
2018 $2,736,442 $2,654,076 $1,710,920 $82,366
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