Nonprofit screen
Screen a listWaterman Communities Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$51Mrevenue
FY2025 · +60% in 3 yrs663staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−4.5%
Months of reserve1.9mo
Revenue growth (annualized)+6.8%
Middle half of peersMedianWaterman Communities
Where the money goes FY2025 · $54M spent
Programs$48M89%Management and general$5.9M11%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 97% in FY2022
$2.9M in FY2021, $88k in FY2022.
990 Part VIIIDeficits in 3 of the last 3 years
−$10M in FY2023, −$5.9M in FY2024 and −$2.3M in FY2025. Cash covers 1.9 months, above the peer median of 1.8.
990 Part I and balance sheetIn its favor2
Strong governance
6 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 7% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort1funder
$17ka year, last 3 years
100%from its largest funder
Funder’18’19’20’21’22’23Waterman Communities Foundation IncOn and off$5k$3k$1k$7k$44k
Funded