Watershed High School
EIN: 470858757 · Richfield, MN · NTEE: B29
Is Watershed High School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Watershed High School
Watershed High School (EIN: 470858757) is a nonprofit organization based in Richfield, MN, classified under NTEE code B29. The organization reported total revenue of $1.3M and total assets of $990K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watershed High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Watershed High School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Watershed High School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Watershed High School
Is Watershed High School a legitimate charity?
Based on AI analysis of IRS 990 filings, Watershed High School (EIN: 470858757) insufficient data. 0 red flags identified, 0 strengths noted.
How does Watershed High School spend its money?
Detailed spending breakdown data is not yet available for Watershed High School. Check back for updated IRS 990 analysis.
Are donations to Watershed High School tax-deductible?
Watershed High School is registered as a tax-exempt nonprofit (EIN: 470858757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Watershed High School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Watershed High School's revenue has grown by 14.6%, moving from $881K to $1.0M. Total assets increased by 450.3% over the same period, from $87K to $480K. Total functional expenses rose by 11.1%, from $881K to $978K. In its most recent filing year (2023), Watershed High School reported a surplus of $32K, with revenue exceeding expenses. The organization holds $665K in liabilities against $480K in assets (debt-to-asset ratio: 138.7%), resulting in net assets of $-185,668.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $978K | $480K | $665K | — | View 990 |
| 2022 | $967K | $812K | $721K | $938K | — | View 990 |
| 2021 | $858K | $832K | $656K | $1.0M | — | View 990 |
| 2020 | $836K | $906K | $835K | $1.2M | — | View 990 |
| 2019 | $1.0M | $844K | $957K | $1.3M | — | View 990 |
| 2018 | $750K | $965K | $1.0M | $1.5M | — | View 990 |
| 2017 | $763K | $893K | $1.2M | $1.5M | — | View 990 |
| 2016 | $815K | $693K | $318K | $488K | — | View 990 |
| 2015 | $714K | $684K | $191K | $483K | — | View 990 |
| 2014 | $881K | $788K | $188K | $126K | — | View 990 |
| 2013 | $953K | $811K | $134K | $167K | — | View 990 |
| 2012 | $889K | $797K | $175K | $350K | — | View 990 |
| 2011 | $881K | $881K | $87K | $353K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $978K, and assets of $480K (revenue +4.5% year-over-year).
- 2022: Revenue of $967K, expenses of $812K, and assets of $721K (revenue +12.6% year-over-year).
- 2021: Revenue of $858K, expenses of $832K, and assets of $656K (revenue +2.7% year-over-year).
- 2020: Revenue of $836K, expenses of $906K, and assets of $835K (revenue -19.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $844K, and assets of $957K (revenue +37.6% year-over-year).
- 2018: Revenue of $750K, expenses of $965K, and assets of $1.0M (revenue -1.7% year-over-year).
- 2017: Revenue of $763K, expenses of $893K, and assets of $1.2M (revenue -6.4% year-over-year).
- 2016: Revenue of $815K, expenses of $693K, and assets of $318K (revenue +14.1% year-over-year).
- 2015: Revenue of $714K, expenses of $684K, and assets of $191K (revenue -19.0% year-over-year).
- 2014: Revenue of $881K, expenses of $788K, and assets of $188K (revenue -7.5% year-over-year).
- 2013: Revenue of $953K, expenses of $811K, and assets of $134K (revenue +7.2% year-over-year).
- 2012: Revenue of $889K, expenses of $797K, and assets of $175K (revenue +0.9% year-over-year).
- 2011: Revenue of $881K, expenses of $881K, and assets of $87K.
Data Sources and Methodology
This transparency report for Watershed High School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.