Nonprofit · EIN 84-1600705
WATERSHED SCHOOL INC
Tax-exempt · BOULDER, CO 80301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,853,225 | $5,241,943 | -$388,718 | $17,027,247 | $10,277,441 | $6,749,806 |
| June 30, 2024 | 990 | $5,960,140 | $4,138,469 | $1,821,671 | $17,618,899 | $10,387,525 | $7,231,374 |
| June 30, 2023 | 990 | $5,905,434 | $3,614,887 | $2,290,547 | $11,798,622 | $6,406,670 | $5,391,952 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $793,246
- Program service revenue
- $3,695,905
- Investment income
- $82,928
- Net rental income
- $121,058
- Other revenue
- $281,146
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $243,909
- Other salaries and wages
- $2,304,907
- Salaries, compensation and benefits (total)
- $3,000,902
- Professional fundraising fees
- $0
- Legal fees
- $89,031
- Accounting fees
- $71,147
- Occupancy
- $335,015
- Depreciation
- $433,668
- Program services (functional)
- $3,794,780
- Management and general (functional)
- $1,200,476
- Fundraising (functional)
- $246,687
Balance sheet and other
- Total assets, start of year
- $17,618,899
- Total assets, end of year
- $17,027,247
- Total liabilities, end of year
- $10,277,441
- Net assets, end of year
- $6,749,806
- Land, buildings and equipment
- $13,630,281
- Publicly traded securities
- $1,704,688
- Net assets without donor restrictions
- $6,442,360
- Net assets with donor restrictions
- $307,446
- Gross unrelated business income
- $121,058
- Gross receipts
- $4,878,646
- Employees
- 56
- Volunteers
- 72
- Year formed
- 2001
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY BREEN | HEAD OF SCHO Officer | 40 | $218,644 | $30,856 |
| GRAY BRIDGERS | ASSISTANT HE Highest-paid employee | 40 | $120,629 | $15,040 |
| JULIE GOLDSTEIN | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| PAUL FORWARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SONIA SCHNITZER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KIRSTIN HATZIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL HOEFFLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PARKER MEER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE NELSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JADE POLIZZI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS RICE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EATON SCRIPPS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JON SISENWEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMMA STAREK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA SWIFT | TRUSTEE Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC WEINER | TRUSTEE Trustee or director | 1 | $0 |
| JASON BERV | TRUSTEE EMER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY BREEN | HEAD OF SCHO Officer | 50 | $206,022 | $16,902 |
| JULIE GOLDSTEIN | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ERICA MEYER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAUL FORWARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SONIA SCHNITZER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ARLETTE BARLOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN BASS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIRSTIN GILLESPIE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL HOEFFLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE NELSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS RICE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EATON SCRIPPS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JON SISENWEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMMA STAREK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA SWIFT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JASON BERV | TRUSTEE EMER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY BREEN | HEAD OF SCHO Officer | 50 | $211,661 | $16,232 |
| TRACY HALGREN | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ERICA MEYER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAUL FORWARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SONIA SCHNITZER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ARLETTE BARLOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN BASS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JASON BERV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIRSTIN GILLESPIE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NOAH GLOVSKY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIE GOLDSTEIN | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| CAROL HOEFFLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDON LEWIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE NELSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SOFIA PENA Y LILLIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS RICE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EATON SCRIPPS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5405 SPINE RD, BOULDER, CO 80301-3315
- Principal officer (990 for 2024)
- TIMOTHY BREEN, 5405 SPINE ROAD, BOULDER, CO 80301
- Signed the 990
- TIMOTHY BREEN, HEAD OF SCHOOL
- Phone
- (303) 440-7520
- Website
- WWW.WATERSHEDSCHOOL.ORG
- Return prepared by
- TAYLOR ROTH AND COMPANY
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.
Program accomplishments
- IN THE 2024-25 SCHOOL YEAR, WATERSHED SCHOOL PROVIDED AN INNOVATIVE, CHALLENGING, COLLEGE PREPARATORY EDUCATION TO 118 STUDENTS IN GRADES 6-12. OUR STUDENTS DEVELOP AS CURIOUS LEARNERS, ADVENTUROUS SPIRITS, AND CARING, COMMITTED GLOBAL CITIZENS AS THEY ENGAGE IN WORK THAT MATTERS - WORK THAT HAS A POSITIVE IMPACT BEYOND THE WALLS OF THE SCHOOL. WE BELIEVE THAT SCHOOLS SHOULD NOT JUST HELP STUDENTS DEVELOP THE SKILLS AND HABITS FOR FUTURE SUCCESS, BUT SHOULD AWAKEN THEIR CURIOUSITY, EXPAND THEIR VIEW OF THE WORLD, AND EMPOWER THEM TO MAKE A DIFFERENCE IN THEIR LOCAL, REGIONAL AND GLOBAL COMMUNITIES. OUR PROGRAM INCLUDES SKILLS COURSES AND EXPEDITION COURSES. ---------- CONTINUED ON SCHEDULE O -----------Expenses $3,794,780 · revenue $3,695,905
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-1600705
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $17,027,247
- Income (IRS master file)
- $4,878,646
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,853,225 | $5,241,943 | $17,027,247 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $5,960,140 | $4,138,469 | $17,618,899 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $5,905,434 | $3,614,887 | $11,798,622 | XML |
| 990 | June 2022 | $4,245,823 | $3,460,708 | $5,009,600 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1600705).
Questions about WATERSHED SCHOOL INC
- What is the EIN of WATERSHED SCHOOL INC?
- The employer identification number (EIN) of WATERSHED SCHOOL INC is 84-1600705.
- Is WATERSHED SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to WATERSHED SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERSHED SCHOOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERSHED SCHOOL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERSHED SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WATERSHED SCHOOL INC?
- The 990 for the year ended June 30, 2025 names TIMOTHY BREEN.
- Who are the officers and directors of WATERSHED SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $218,644 (TIMOTHY BREEN, HEAD OF SCHO).
- How much revenue does WATERSHED SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,853,225, expenses of $5,241,943 and total assets of $17,027,247 at year end.
Other nonprofits in BOULDER
- CHEF ANN FOUNDATION EIN 26-2496810 · last filed 990 for 2025
- MACKINTOSH ACADEMY EIN 84-0747083 · last filed 990 for 2025
- STARFALL EDUCATION FOUNDATION EIN 46-4463460 · last filed 990 for 2025
- HORIZONS K8 EIN 46-4083631 · last filed 990 for 2025
- SUMMIT MIDDLE CHARTER SCHOOL INC EIN 84-1562333 · last filed 990 for 2025
- JARROW SCHOOL INC EIN 84-0531208 · last filed 990 for 2025
- GREENHOUSE SCHOLARS EIN 20-2863499 · last filed 990 for 2024
- FRIENDS SCHOOL INC EIN 84-1087693 · last filed 990 for 2025