Overview
What is The Watershed Community Institute?
The Watershed Community Institute, situated in Camden, Maine (1 FREE STREET), is a nonprofit organization that fosters a nurturing environment for intellectual growth, fostering joy in learning, creativity, and compassion. Their mission is to inspire students to strive for personal development and make significant contributions to their community and the world at large. The institute, with a team of 13 dedicated individuals, is committed to this cause.
Official website here: www.watershed-school.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Watershed Community Institute has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a strong commitment to governance, with a fully independent board and no material diversion of assets. Its financial management is underscored by a high program expense ratio of 91.51%, indicating that a significant portion of its funds are directed towards its mission-driven programs.
While the organization demonstrates strengths in various aspects of accountability, there are areas for improvement. Notably, the absence of a whistleblower policy and the missing document retention and destruction policies could indicate gaps in transparency and governance practices. Additionally, the organization scored lower on its liabilities to assets ratio, which, although still acceptable at 55.82%, suggests a cautious approach to financial stability.
Overall, The Watershed Community Institute shows a commendable commitment to accountability with strong financial practices. However, addressing the noted gaps in governance policies could further enhance its credibility and operational effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Watershed Community Institute legitimate?
The Watershed Community Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Watershed Community Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,467
For more financial information, click here
Official website here: www.watershed-school.org
What is the mission statement of The Watershed Community Institute?
The Watershed Community Institute operates as a nurturing environment that fosters intellectual curiosity, the delight in learning, creativity, and compassion. The institute encourages its students to aim for personal growth and make significant contributions to the world beyond them. Its mission is centered around cultivating an atmosphere that promotes inquiry, joy, creativity, and compassion, thereby inspiring students to strive towards personal development and meaningful impact.
Official website here: www.watershed-school.org
What is the revenue of The Watershed Community Institute?
The Watershed Community Institute's revenue in 2023 was $394,461.
Official website here: www.watershed-school.org
Who are the executives of The Watershed Community Institute and what are their salaries?
The average compensation at The Watershed Community Institute during 2023 was $15,421. There are 13 employees at The Watershed Community Institute.
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Official website here: www.watershed-school.org
Where can I find the form 990 for The Watershed Community Institute?
The Watershed Community Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.watershed-school.org
Learn more at the official website: www.watershed-school.org
Mission Statement of The Watershed Community Institute
The Watershed Community Institute, as a supportive community, fosters intellectual curiosity, the joy of learning, creativity, and compassion in its students. The institute encourages its students to strive for personal growth and make meaningful contributions to the world beyond them. By cultivating these qualities, the Watershed Community Institute aims to nurture well-rounded individuals who can positively impact their surroundings.
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Impact
July, 2024
The Watershed Community Institute, through its Watershed School in Camden, ME, has a significant impact on the community by fostering intellectual inquiry, joy of learning, creativity, and compassion among its students. The institute encourages personal growth and motivates students to contribute meaningfully to the world around them. This approach helps in shaping well-rounded individuals who are equipped to positively influence their communities and society at large.
This information is meant to be a general summary of The Watershed Community Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $57
- Program Service Revenue: $334,238
- Gross Receipts: $394,461
Assets and Liabilities:
- Total Assets: $653,697
- Total Liabilities: $329,986
- Net Assets: $323,711
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$332,488
PROGRAM FEES
Revenue
$1,750
Organization Details
Founding Year
2002
Principal Officer
Thomas Buescher
Website
www.watershed-school.orgNTEE Category
Code: B25 - Education
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