WATERSHED NP INC

🔒

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

2022

Legal Domicile

Principal Officer

KATHRYN WELTER

Phone

7193983317

Tax Period

2024-01-01 to 2024-12-31

WATERSHED NP INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $793K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $678K, a strong 86% operating margin.

Mission

TO RESTORE HISTORIC BUILDINGS FOR COMMUNITY BENEFIT.

Program Service Accomplishments

Program 1

Expenses: $77,879 Revenue: $253,806

WE RECEIVED FUNDING FROM THE US ENVIRONMENTA PROTECTION AGENCY FOR THE MCGINNIS GYM PROJECT. ALSO, WATERSHED CONTRACTED WITH THE BUENA VISTA SCHOOL DISTRICT TO DESIGN AND CONSTRUCT AN EARLY CHILDHOOD EDUCATION FACILITY IN THE HISTORIC CHAFFEE COUNTY SHOP BUILDING. IT DESIGNED ARCHITECTURAL AND ENGINEERING PLANS TO ADAPTIVELY REUSE THE SHOP BUILDING AND TO CONSTRUCT A SIX-CLASSROOM ADDITION TO THE SHOP BUILDING.

🔒

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 $537,557

Program Service Revenue $253,806

Investment Income $1,780

Other Revenue $0

TOTAL REVENUE $793,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,879

Other Expenses $114,656

TOTAL EXPENSES $114,656

Year-over-Year Comparison

	2024	2023	Change
Revenue	$793,143	$1,130,904	-0.3%
Expenses	$114,656	$34,030	+2.4%
Net Income	$678,487	$1,096,874	-0.4%

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

N/A

Volunteers

N/A

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
KATHRYN WELTER	PRESIDENT & TREASURER	15.00	Officer Director	$0	$0	$0
RICHARD BIETERMAN	VICE-PRESIDENT & SECRETARY	3.00	Officer Director	$0	$0	$0
JOHN O'BRIEN	DIRECTOR	15.00	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
2024	$793,143	$114,656	$3,923,688	$678,487
2023	$1,130,904	$34,030	$1,252,082	$1,096,874