Watershed Church
Nonprofit profile at a glance
- EIN
- 205405222
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- Stoughton, WI, USA
- Phone
- 6082058855
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Water Resource, Wetlands Conservation and Management
- Affiliation
- Christianity
Reported finances
- Revenue
- $78,001
- Expenses
- $87,468
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The general purposes for which this corporation is formed shall be: 1 To glorify God through living and teaching the message of Jesus through public worship gatherings, prayer, administering the ordinances of the New Testament, meeting the physical and spiritual needs of its members and all people everywhere, to equip people for serving God, and to help people discover life with God in Jesus Christ. 2 To clearly express the Word of God through the spoken word, music, video, drama, writing, internet, meetings and other similar means. 3. To support the establishment of new churches.
What it reported doing in 2012
Community service activities: Provide affordable housing in apartment for 1 family. Personal Essentials Pantry, Haiti Relief Community projects, supporting other ministries.
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 100
- Sustainability: 13
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.9%; rating input score 16
- Program expense ratio: 14.2%; rating input score 14
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -12.1%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 73.5% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 18.8% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -72.9% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 15.9% of revenue deployed · 14.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $12K in reported program spending
- Leadership: top reported pay $37K · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.