Nonprofit screen
Screen a listWatermark Community Development Corporat
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)(1)
$1.2Mrevenue
FY20244staff
2 of 2years filed
’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin7.9%
Months of reserve4.9mo
Revenue growth (annualized)+61.0%
Middle half of peersMedianWatermark Community Development Corporat
Where the money goes FY2024 · $1.1M spent
Programs$271k25%Management and general$832k75%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor1
Growing faster than peers
Revenue up 61% a year since FY2023, in the top quarter of similar nonprofits.
990 Part I · peer cohort13funders
$112ka year, last 3 years
42%from its largest funder
Funder’20’21’22’23Philanthropy InternationalOn and off$50kTexas Capital FoundationNew in FY2023$15kState Fair of TexasNew in FY2023$8kDonor-advised giftsDonors not disclosed$10k$62k$242k
FundedThrough a donor-advised fund